16 Ascolda Boulevard, Toronto, ON

Eglinton East, Toronto · MLS® E13443462

$1,490,000
For Sale
Listed 32 days ago
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6Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

This property boasts of 2399 sq ft on above grade finish and 1000 sq ft plus on below grade finish. Going thru the double door main entrance will lead you to your right - the huge living and dining area and with access to the main kitchen with quartz counter top, and with wood cabinets. On the left side of the main entrance is where the family room is located with wood furnace(as is). Going to the second floor is the solid wood stair and you will find all the four bedrooms. Primary bedroom has hardwood floors with walk in closet and an ensuite 4 pc washroom. The three remaining bedrooms have all hardwood floors and built in closets. A solid wood stair also going to the basement with a large receiving area and with two good sizes bedrooms. A second kitchen in the basement, an electric furnace and a 3 pc washroom; a separate entrance is very inviting to renters who need privacy. Location is very good as it is in the Cedar-Brae South. This house is in the cul-de-sac where there is no thru traffic thus it might be considered a quiet and safe area. If you have a big family, this house really fits you or you can design the interior finishes according to your taste. Make your move now.

Key facts

Property type
Detached, 2-Storey
MLS®
E13443462
Bedrooms
6 (4 + 2)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
42.16 × 100 ft
Cross streets
Cedar Brae Blvd/Danmary Road
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,131 / 2025
Days on market
32
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain5.56 × 3.95 m

ceramic floor · quartz counter · w/o to patio

Bedroom 2Second3.15 × 3.61 m

hardwood floor · b/i closet

BedroomBasement3.99 × 2.98 m

Broadloom

Living RoomMain5.22 × 4.10 m

Hardwood Floor

Dining RoomMain4.15 × 3.54 m

Hardwood Floor

KitchenBasement1.51 × 3.18 m

Ceramic Floor

Family RoomMain5.29 × 3.56 m

Hardwood Floor

Bedroom 3Second4.29 × 3.11 m

hardwood floor · b/i closet

Bedroom 5Basement3.03 × 3.87 m

broadloom · window

Bedroom 4Second3.99 × 3.15 m

hardwood floor · b/i closet

Primary BedroomSecond5.85 × 4.02 m

hardwood floor · walk-in closet(s) · ensuite bath

Moe’s TakeTeam Asgarian · Broker
In line
$1.49Mest. value

Listed at $1,490,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Eglinton East, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, a close match.

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, listed at $1.50M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.51M

That comparable adjusts to $1.51M; the $1.49M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Cedarbrae Collegiate Institute. 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 very walkable address with everyday errands close by. Eglinton Ave East at Bellamy Rd North is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.37MGreat deal$1.69MOverpriced

Total price vs nearby homes. Fair value about $1.49M, median of 9 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Income potential
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.45Mavg asking

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

49 Butterworth Avenue$1.39M10B Holmstead Avenue$1.80M65 Becca Hall Trail$1.15M

The 3 closest active listings nearby.

See all comparable homes
1.49MThis home1.39M1.80M1.15MThis home vs active comparables
Live market pulseActive comparables in Eglinton East · median list $1.70M
$662this home / sqft
6active listings nearby
32days on market

This home lists 11% below the area average of $743/sqft.

31 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Eglinton East, 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

83/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Eglinton Ave East at Bellamy Rd North, about 372 m away

20+ transit stops8 grocery20+ dining20+ parks20+ pharmacies

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.

Cliffcrest
$1.51M
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M

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 John McCrae Public School
54%
John McCrae Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$6,791/mo
$278KIncome needed
5.4×Price ÷ income
$1,567Weekly 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.

93%mortgage
Mortgage $6,791Property tax $511Total carry $7,302

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,361per month

Mortgage amount $1,192,000 · 4.14% over 25 years

$298,000Down payment (20.0%)
$1,192,000Loan before insurance
$0CMHC premium
$6,872Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,361
Property tax
$511
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,872

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

One-time closing costs

Ontario land transfer tax
$26,275
Toronto municipal land transfer tax
$26,275
Estimated closing costs
$52,550

Plus your down payment of $298,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,726/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

$716,286Total interest paid
$1,908,286Total of all payments
Principal $1,192,000 Interest $716,286
YearPrincipalInterestBalance
1$27,924$48,407$1,164,076
2$29,092$47,239$1,134,983
3$30,309$46,022$1,104,674
4$31,577$44,754$1,073,097
5$32,898$43,433$1,040,199
6$34,274$42,057$1,005,924
7$35,708$40,624$970,217
8$37,201$39,130$933,015
9$38,757$37,574$894,258
10$40,379$35,953$853,880
11$42,068$34,264$811,812
12$43,827$32,504$767,985
13$45,660$30,671$722,325
14$47,570$28,761$674,754
15$49,560$26,771$625,194
16$51,633$24,698$573,561
17$53,793$22,539$519,768
18$56,043$20,289$463,725
19$58,387$17,944$405,338
20$60,829$15,502$344,509
21$63,374$12,958$281,135
22$66,025$10,307$215,111
23$68,786$7,545$146,325
24$71,663$4,668$74,661
25$74,661$1,670$0

At the end of your 5-year term

Total paid over the term
$381,657
Principal paid down
$151,801
Interest paid
$229,856
Balance remaining
$1,040,199

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$4,200/mo
$50,400Gross annual rent
2.5%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.

3.4%
Gross yield
− Property tax $6,131− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,325

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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