5 Larwood Boulevard, Toronto, ON

Cliffcrest, Toronto · MLS® E13417790

$1,999,999
For Sale
Listed 41 days ago
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7Bedrooms
8Bathrooms
2Garage · 10 parking
3500-5000Sq Ft

About this home

Discover this stunning family home where contemporary design meets functional living. Boasting four generous bedrooms and soaring ceilings on the upper level, the residence is flooded with natural light, creating an open and inviting atmosphere ideal for family life. Thoughtfully finished bathrooms, elegant bedroom spaces, and a show-stopping living room provide the perfect balance of comfort and style for everyday living and entertaining. The main floor features a flexible bedroom or home office, ideal for remote work or hosting guests. The fully finished basement enhances the home's versatility, offering two additional bedrooms and a second full kitchen. The main floor's modern kitchen complements this layout, making the property well-suited for multi-generational living or extended family arrangements. Outside, enjoy a private backyard sanctuary designed for family gatherings and relaxation. A spacious driveway ensures ample parking, while the home's location in a serene, upscale neighborhood provides both convenience and tranquility. With over 4,400 sqft of living space, this exceptional property combines modern luxury, space, and thoughtful family-oriented design.

Key facts

Property type
Detached, 2-Storey
MLS®
E13417790
Bedrooms
7 (5 + 2)
Bathrooms
8 (1 half)
Size
3500-5000
Lot
50 × 150 ft
Cross streets
Brimley Rd S & Kingston Rd
Parking
2 garage · 10 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
None
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,071 / 2025
Days on market
41
Listing brokerage
RE/MAX ACE REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is R H King Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Cliffcrest · asking prices
$3.40Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

61 Harewood Avenue$2.59M124 Scarboro Crescent$2.30M4 Pine Ridge Drive$5.30M

The 3 closest active listings nearby.

See all comparable homes
2.00MThis home2.59M2.30M5.30MThis home vs active comparables
Live market pulseActive comparables in Cliffcrest · median list $2.30M
$471this home / sqft
10active listings nearby
41days on market

This home lists 38% below the area average of $761/sqft.

39 days longer than the Toronto average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Cliffcrest, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Woburn
$1.43M
Wexford-Maryvale
$872K
Agincourt South-Malvern West
$1.40M
Malvern
$798K
High Park-Swansea
$3.00M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Fairmount Public School
68%
Fairmount Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$9,115/mo
$361KIncome needed
5.5×Price ÷ income
$2,104Weekly cost
20% down4.79%25-yr amortization

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.

96%mortgage
Mortgage $9,115Property tax $423Total carry $9,538

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,538per month

Mortgage amount $1,599,999 · 4.14% over 25 years

$400,000Down payment (20.0%)
$1,599,999Loan before insurance
$0CMHC premium
$8,961Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,538
Property tax
$423
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,961

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$36,475
Toronto municipal land transfer tax
$36,475
Estimated closing costs
$72,950

Plus your down payment of $400,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,370/monthPayment at the qualifying rate

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

$961,458Total interest paid
$2,561,457Total of all payments
Principal $1,599,999 Interest $961,458
YearPrincipalInterestBalance
1$37,482$64,976$1,562,517
2$39,050$63,408$1,523,466
3$40,684$61,775$1,482,783
4$42,385$60,073$1,440,397
5$44,158$58,300$1,396,239
6$46,005$56,453$1,350,233
7$47,930$54,528$1,302,304
8$49,935$52,524$1,252,369
9$52,023$50,435$1,200,346
10$54,199$48,259$1,146,146
11$56,466$45,992$1,089,680
12$58,828$43,630$1,030,852
13$61,289$41,169$969,563
14$63,853$38,606$905,710
15$66,524$35,935$839,186
16$69,306$33,152$769,880
17$72,205$30,253$697,675
18$75,225$27,233$622,450
19$78,372$24,086$544,078
20$81,650$20,808$462,428
21$85,065$17,393$377,363
22$88,624$13,835$288,739
23$92,330$10,128$196,409
24$96,193$6,266$100,216
25$100,216$2,242$0

At the end of your 5-year term

Total paid over the term
$512,291
Principal paid down
$203,760
Interest paid
$308,531
Balance remaining
$1,396,239

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
3.6%Est. cap rate

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 numbers

Estimates 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.

4.4%
Gross yield
− Property tax $5,071− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $72,027

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ACE REALTY INC.. MLS®/PropTx.

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