39 Derwyn Road, Toronto, ON
East York, Toronto · MLS® E13242818
About this home
If you're looking for all the bells and whistles, welcome to 39 Derwyn Rd - a spectacular custom-built residence crafted by a premier Tarion-registered builder as his own personal home with a legal 2-bed basement unit. Built without compromise and showcasing approximately 4,000 sq. ft. of luxurious living space! Step into a stunning foyer finished in large-format white porcelain tile with heated flooring that extends throughout the entire main level. The exquisite Scavolini Italian kitchen features quartz countertops & backsplash, and built-in JennAir appliances with panelled fridge & freezer. The open-concept dining and family room is truly mesmerizing with custom tray ceilings, LED lighting, built-in speakers, and double sliding doors opening to luxurious composite decking with frameless glass railings. Every detail speaks to quality, including aluminum-clad windows & doors, 8ft solid wood interior doors & poplar trim throughout, multi-zone radiant in-floor heating, automated blinds, a centralized app-based Sonos system with whole-home audio with Paradigm CI Pro speakers, Cat6 wiring in every room, in-ceiling Wi-Fi boosters on every floor, and full automation-ready infrastructure. An impressive open-riser staircase with offset glass railings and LED lighting lead upstairs beneath multiple skylights. The primary retreat features a French balcony, custom walk-in closet with organizers, additional full-wall closet with drawers, and a spa-inspired ensuite with Scavolini vanity, oversized glass shower & enclosed soaker tub. The second bedroom enjoys its own private ensuite and floor-to-ceiling windows, while the third bedroom features a private balcony and shares a semi-ensuite with the fourth bedroom. The lower level is equally impressive with polished concrete heated floors, and a legal two-bedroom basement apartment with a second kitchen, laundry, full washroom, oversized above-grade windows and a walkout to the privacy fenced backyard and interlocked patio!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13242818
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 32 × 110 ft
- Cross streets
- O'Connor Dr & Coxwell Ave
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Metal/Steel Siding
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $12,955 / 2025
- Days on market
- 48
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
large window · balcony · semi ensuite
tile floor · built-in speakers · led lighting
heated floor · concrete floor · above grade window
heated floor · double closet · glass doors
heated floor · concrete floor · above grade window
heated floor · concrete floor · quartz counter
b/i appliances · centre island · quartz counter
juliette balcony · walk-in closet(s) · 6 pc ensuite
gas fireplace · b/i shelves · w/o to deck
built-in speakers · tile floor · window floor to ceiling
large window · large closet · hardwood floor
heated floor · concrete floor · pot lights
window · laundry sink · stainless steel appl
heated floor · concrete floor · above grade window
large closet · w/o to balcony · 4 pc ensuite
heated floor · concrete floor · above grade window
hardwood floor · window floor to ceiling · built-in speakers
Listed at $2,599,000, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In East York lately, sellers have been getting about 103% of asking and homes sell in about 18 days.
Based on 46 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 46 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.68M, a bit higher.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $2.00M
- Bedrooms +$60K
- Adjusts to $2.06M
That comparable adjusts to $2.06M; the $2.25M estimate above is the median of all 46 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Diefenbaker Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $2.25M, median of 46 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
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 6% above the area average of $890/sqft.
47 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
East York, 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 22, 2026); conventional rates run a little higher.
Mortgage amount $2,079,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,095
- Property tax
- $1,080
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,175
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,450
- Toronto municipal land transfer tax
- $51,450
- Estimated closing costs
- $102,900
Plus your down payment of $519,800. 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
- $665,723
- Principal paid down
- $264,787
- Interest paid
- $400,936
- Balance remaining
- $1,814,413
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.