70 Halfmoon Square, Toronto, ON

Highland Creek, Toronto · MLS® E13448782

$992,000
For Sale
Listed 32 days ago
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4Bedrooms
3Bathrooms
2Garage · 6 parking
1100-1500Sq Ft

About this home

Space, flexibility, and Scarborough convenience come together at 70 Halfmoon Sq, a detached 2-storey Highland Creek home designed for buyers who want room to grow without giving up ease. Set in Toronto E10 near Morningside Ave, Ellesmere Rd, Meadowvale Rd and Highway 401, this 3+1 bedroom, 3 bathroom home delivers the practical advantages families, first-time buyers, university communities, professionals and investors look for in Toronto real estate: a bright layout, parking for 6 vehicles, a double garage, interlock driveway, brick exterior and a finished lower level with a separate entrance, bedroom and bath for in-law or nanny-suite potential, subject to buyer verification. Natural light flows through the home, creating a warm feel from the main living areas to the family room with fireplace, while the rear living room connects easily to the backyard for summer BBQs, relaxed evenings and outdoor enjoyment. Fresh paint, upgraded finishings, a brand-new washer and dryer combo, and brand-new roof shingles completed in June 2026 add turnkey confidence, while the primary bedroom with walk-in closet and 2-piece ensuite gives the home a private retreat. The finished basement adds bonus space for extended family, guests, work-from-home needs or future rental potential where permitted, supporting lifestyle use and long-term investment upside in a strong Scarborough home market. Highland Creek continues to appeal for its balance of nature and city access, with convenient TTC service, routes to Highway 401, nearby University of Toronto Scarborough, Centennial College, Highland Creek trails, parks, library, shopping, Walmart, cafés, Tim Hortons, gas stations and everyday essentials. For nature lovers, commuters and value-focused buyers searching GTA homes, a detached home for sale Toronto, or an investment-minded MLS listing in a transit-friendly east Toronto pocket, this move-in ready property offers space, parking, flexibility and location strength in one complete package.

Key facts

Property type
Detached, 2-Storey
MLS®
E13448782
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
35.14 × 100.18 ft
Cross streets
Morningside Ave & Ellesmere Rd / Hwy 401 & Meadowvale Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private, Private Double
Basement
Separate Entrance, Finished, Full, Development Potential
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,502 / 2025
Days on market
32
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Family RoomBasement5.52 × 3.92 m

fireplace · window · window

Bedroom 2Second3.97 × 3.03 m

closet · window

KitchenMain4.17 × 2.71 m

window · quartz counter · breakfast area

Bedroom 4Basement6.14 × 3.51 m

window · pot lights

Dining RoomMain4.05 × 2.78 m

window · combined w/living

FoyerMain3.87 × 1.92 m

tile floor · combined w/kitchen · combined w/dining

Primary BedroomSecond6.28 × 3.48 m

walk-in closet(s) · ensuite bath · overlooks backyard

Living RoomMain6.28 × 3.66 m

combined w/dining · w/o to yard · overlooks backyard

Bedroom 3Second3.75 × 3.13 m

closet · window

Moe’s TakeTeam Asgarian · Broker
In line
$984Kest. value

Listed at $992,000, 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 Highland Creek, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $948K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.90M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.94M

That comparable adjusts to $1.94M; the $984K estimate above is the median of all 5 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.

On schools, this address is zoned for Morrish Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Canmore Blvd at Calverley Trail East Side is about a 2-minute walk away.

List price
$894KGreat deal$1.29MOverpriced

Total price vs nearby homes. Fair value about $984K, median of 5 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.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Primary suite: a key comfort and resale feature.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.15Mavg asking

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

21 Mahoney Avenue$879k107 Twenty Fourth Street$939k31 Griffen Drive$778k110 Gillard Avenue$1.25M351 Fairlawn Avenue$1.90M

The 5 closest of 6 active listings nearby.

See all comparable homes
992kThis home879k939k778k1.25M1.90MThis home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $1.20M
$763this home / sqft
12active listings nearby
32days on market

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

Highland Creek, 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

48/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Canmore Blvd at Calverley Trail East Side, about 164 m away

20+ transit stops20+ dining14 parks4 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 Morrish Public School
82%
Morrish Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 82% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$4,521/mo
$187KIncome needed
5.3×Price ÷ income
$1,043Weekly 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.

92%mortgage
Mortgage $4,521Property tax $375Total carry $4,896

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)
$4,235per month

Mortgage amount $793,600 · 4.14% over 25 years

$198,400Down payment (20.0%)
$793,600Loan before insurance
$0CMHC premium
$4,610Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,235
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,610

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

One-time closing costs

Ontario land transfer tax
$16,315
Toronto municipal land transfer tax
$16,315
Estimated closing costs
$32,630

Plus your down payment of $198,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,144/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

$476,883Total interest paid
$1,270,483Total of all payments
Principal $793,600 Interest $476,883
YearPrincipalInterestBalance
1$18,591$32,228$775,009
2$19,369$31,450$755,640
3$20,179$30,640$735,461
4$21,023$29,796$714,437
5$21,903$28,917$692,535
6$22,819$28,001$669,716
7$23,773$27,046$645,943
8$24,768$26,052$621,175
9$25,804$25,016$595,372
10$26,883$23,936$568,489
11$28,007$22,812$540,482
12$29,179$21,640$511,303
13$30,399$20,420$480,903
14$31,671$19,148$449,232
15$32,996$17,824$416,237
16$34,376$16,443$381,861
17$35,814$15,006$346,047
18$37,312$13,508$308,735
19$38,872$11,947$269,863
20$40,498$10,321$229,364
21$42,192$8,627$187,172
22$43,957$6,862$143,215
23$45,796$5,023$97,419
24$47,712$3,108$49,707
25$49,707$1,112$0

At the end of your 5-year term

Total paid over the term
$254,097
Principal paid down
$101,065
Interest paid
$153,032
Balance remaining
$692,535

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$2,300/mo
$27,600Gross annual rent
1.9%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.

2.8%
Gross yield
− Property tax $4,502− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,662

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

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