23 Larwood Boulevard, Toronto, ON

Cliffcrest, Toronto · MLS® E13449864

$1,250,000
For Sale
Listed 31 days ago
4Bedrooms
6Bathrooms
5Parking
3000-3500Sq Ft

About this home

Calling All Multigenerational Families! Rarely offered and truly one-of-a-kind, 2 properties in one. This spacious family home sits on an impressive 50 x 284 ft lot on one of the most sought-after streets in the Scarborough Bluffs. Enjoy the perfect blend of country-like serenity with all the conveniences of city living. This solid brick four-level side-split features a substantial rear addition with a beautifully maintained self-contained suite. Whether you're accommodating grandparents, growing teenagers, extended family, or looking for supplemental income, this versatile layout offers endless possibilities. The home is much larger than it appears and is perfectly suited for a growing family. Two separate front entrances provide flexibility and privacy. The ground level features an oversized modern eat-in kitchen complete with a centre island, built-in appliances, and a walkout to a covered concrete patio-ideal for outdoor entertaining. The upper middle level boasts a bright and spacious L-shaped living and dining room with hardwood flooring and a large bay window that fills the space with natural light. A charming sunroom overlooking the spectacular backyard completes this level and provides the perfect spot to relax year-round. Upstairs, you'll find three generously sized bedrooms, including a primary suite featuring a private three-piece ensuite and ample closet space. The main four-piece bathroom is enhanced by a large skylight, creating a bright and airy atmosphere. The lower level offers a warm and inviting recreation room highlighted by a stunning stone fireplace, along with a laundry area, kitchenette, and abundant storage space. Step outside and discover a gardener's paradise on an extraordinary deep lot offering endless opportunities for outdoor enjoyment, entertaining, and future possibilities. Conveniently located close to fantastic schools, TTC, shopping, parks, and with easy access to downtown.

Key facts

Property type
Detached, Sidesplit 4
MLS®
E13449864
Bedrooms
4
Bathrooms
6 (2 half)
Size
3000-3500
Lot
50 × 284.66 ft
Cross streets
Brimley South of Kingston Rd
Parking
5 parking
Driveway
Private
Basement
Finished
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,180 / 2026
Days on market
31
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 3Upper3.63 × 2.74 m

hardwood floor · closet

DenFlat4.60 × 3.17 m

Parquet

Furnace RoomLower3.32 × 3.25 m

combined w/laundry · ceramic floor

Primary BedroomUpper3.78 × 4.63 m

hardwood floor · 3 pc ensuite · closet

OfficeFlat2.87 × 3.44 m

Ceramic Floor

RecreationLower5.18 × 5.73 m

stone fireplace · pot lights

Bedroom 2Upper3.47 × 3.81 m

hardwood floor · closet

Living RoomIn Between8.50 × 2.99 m

hardwood floor · l-shaped room

Dining RoomIn Between2.77 × 3.32 m

l-shaped room · hardwood floor

WorkshopLower5.82 × 4.61 m

vinyl floor · french doors

Living RoomIn Between5.09 × 5.97 m

hardwood floor · cathedral ceiling(s) · brick fireplace

KitchenFlat7.04 × 5.27 m

hardwood floor · brick fireplace · walk-out

Bedroom 4Upper3.14 × 2.83 m

laminate · closet

KitchenIn Between1.55 × 1.85 m

overlooks living · vinyl floor · open concept

SunroomIn Between2.50 × 2.62 m

ceramic floor · walk-out

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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Barkdene Hills at Larwood Blvd is about a 4-minute walk away.

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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Cliffcrest · asking prices
$2.07Mavg asking

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

5 Anson Avenue$1.45M36 Martindale Road$1.38M41 Meadowcliffe Drive$2.15M64 Larwood Boulevard$2.59M24 Larwood Boulevard$2.80M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.25MThis home1.45M1.38M2.15M2.59M2.80MThis home vs active comparables
Live market pulseActive comparables in Cliffcrest · median list $1.30M
$385this home / sqft
45active listings nearby
31days on market

30 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

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

60/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Barkdene Hills at Larwood Blvd, about 313 m away

20+ transit stops5 grocery20+ dining18 parks5 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.

Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M

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 · 0.9 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$5,697/mo
$243KIncome needed
5.1×Price ÷ income
$1,315Weekly 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.

89%mortgage
Mortgage $5,697Property tax $682Total carry $6,379

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)
$5,336per month

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

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$6,018Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,336
Property tax
$682
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,018

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

One-time closing costs

Ontario land transfer tax
$21,475
Toronto municipal land transfer tax
$21,475
Estimated closing costs
$42,950

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,482/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

$600,911Total interest paid
$1,600,911Total of all payments
Principal $1,000,000 Interest $600,911
YearPrincipalInterestBalance
1$23,427$40,610$976,573
2$24,406$39,630$952,167
3$25,427$38,609$926,740
4$26,491$37,546$900,249
5$27,599$36,437$872,650
6$28,753$35,283$843,896
7$29,956$34,080$813,940
8$31,209$32,827$782,731
9$32,515$31,522$750,216
10$33,875$30,162$716,342
11$35,292$28,745$681,050
12$36,768$27,269$644,283
13$38,306$25,731$605,977
14$39,908$24,129$566,069
15$41,577$22,459$524,492
16$43,316$20,720$481,175
17$45,128$18,908$436,047
18$47,016$17,021$389,031
19$48,982$15,054$340,049
20$51,031$13,005$289,018
21$53,166$10,871$235,852
22$55,390$8,647$180,462
23$57,707$6,330$122,755
24$60,120$3,916$62,635
25$62,635$1,401$0

At the end of your 5-year term

Total paid over the term
$320,182
Principal paid down
$127,350
Interest paid
$192,832
Balance remaining
$872,650

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$6,300/mo
$75,600Gross annual rent
4.6%Est. cap rate

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.

6.0%
Gross yield
− Property tax $8,180− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,704

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

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