35 Munford Crescent, Toronto, ON
O'Connor-Parkview, Toronto · MLS® E13225338
About this home
Welcome to this luxurious 4 Bedrooms home with a Legal Basement apartment, and a potential versatile studio in one of East York's top neighborhoods. Total Living Space 2,500-3,000 Sq Ft. This property is IDEAL for both families and investors. Whether you're looking for a multi-family investment or a spacious family home, this property offers incredible flexibility. The home has been NEWLY RENOVATED, featuring NEW roof, insulation, a NEW garage door, and a refinished fence. Inside, enjoy NEW electrical and plumbing systems, NEW energy-efficient windows and doors, and NEW custom kitchens with built-in organizers and high-end materials. NEW appliances complete the space, making it both stylish and functional. The home is beautifully finished with NEW hardwood flooring and large tiles throughout, creating a modern, seamless feel. Glass railings on the porch and staircase add a contemporary touch. With a NEW furnace, NEW hot water heater, and NEW air conditioner, you'll experience year-round comfort and efficiency. Sleek pot lights and modern lighting fixtures brighten the interior, while the home's flexible layout allows for use as a single-family residence or separate units. The NEW AND LEGAL basement apartment offers rental income potential, and the studio can either be part of the main home or rented separately for additional revenue or personal workspace. Outside, the NEW yard includes NEW aggregate concrete, professional landscaping, a built-in fire pit, and a NEW sprinkler system to maintain a lush, green space. The exterior features NEW high-end lighting, enhancing the homes curb appeal day and night. This exceptional detached, side-split property combines modern luxury with flexible living arrangements in a prime East York location. Perfect for families or investors, this home is a must-see!Brokerage Remarks
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- E13225338
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (2 half)
- Size
- 1500-2000
- Lot
- 48 × 83.5 ft
- Cross streets
- Victoria Park Rd & Danforth Rd
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,506 / 2025
- Days on market
- 52
- Listing brokerage
- HOMEART REALTY SERVICES INC.
Rooms
Combined w/Living
Combined w/Dining
Listed at $1,599,000, and my independent estimate is about 15% above what comparable homes suggest.
In O'Connor-Parkview lately, sellers get about 101% of asking; homes sell in ~18 days.
Total price vs nearby homes. Fair value about $1.39M, median of 32 comparables.
How this estimate is builtthe short version
I take the 32 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.94M, higher than the comparables and worth a second look.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is George Webster Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in O'Connor-Parkview, so I widened the search to the surrounding area.
Based on 32 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 11% above the area average of $825/sqft.
51 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
O'Connor-Parkview, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,826
- Property tax
- $792
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,618
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $409,577
- Principal paid down
- $162,906
- Interest paid
- $246,671
- Balance remaining
- $1,116,294
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMEART REALTY SERVICES INC.. MLS®/PropTx.