8 Davies Crescent, Toronto, ON

East York, Toronto · MLS® E13464572

$1,350,000
For Sale
Listed 29 days ago
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5Bedrooms
2Bathrooms
2Garage · 4 parking
1100-1500Sq Ft

About this home

Well-maintained 1 1/2-storey detached home offering 3+2 bedrooms and over 2,000 sq. ft. of finished living space including the finished lower level. Bright and functional layout featuring a spacious primary bedroom with walk-out to a private balcony overlooking the deep, tree-lined backyard. Two additional bedrooms on the upper level and a finished lower level with a large recreation area, second kitchen, two bedrooms and separate entrance provide excellent flexibility for extended family living. Enjoy a peaceful, park-like setting with mature trees, multiple decks and outdoor spaces ideal for entertaining. Attached garage and private driveway. Conveniently located close to schools, parks, transit and everyday amenities.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
E13464572
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
35.29 × 147.08 ft
Cross streets
Donlands Ave / O'Connor Dr
Parking
2 garage · 4 parking (attached)
Driveway
Private, Available
Basement
Finished, Full, Apartment, Separate Entrance
Heating
Water
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,040 / 2025
Days on market
29
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

RecreationBasement6.47 × 5.26 m

laminate · pot lights · open concept

Bedroom 2Second4.74 × 2.83 m

hardwood floor · closet · window

Bedroom 3Second5.11 × 2.83 m

hardwood floor · closet · w/o to balcony

Primary BedroomMain3.72 × 6.18 m

hardwood floor · large closet · large window

Bedroom 5Basement3.72 × 3.17 m

laminate · pot lights · window

Living RoomMain5.44 × 3.36 m

hardwood floor · pot lights · open concept

Bedroom 4Basement3.65 × 2.91 m

laminate · pot lights · window

Dining RoomMain3.28 × 3.45 m

hardwood floor · open concept · combined w/living

KitchenMain4.10 × 2.71 m

tile floor · stainless steel appl · window

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.20Mest. value

Listed at $1,350,000, this home is tracking about 13% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.24M, 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 $1.25M
  • Bedrooms +$30K
  • Adjusts to $1.27M

That comparable adjusts to $1.27M; the $1.20M estimate above is the median of all 15 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 Westwood Middle School. 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. Donlands Ave at Elmsdale Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.13MGreat deal$1.35MOverpriced

Total price vs nearby homes. Fair value about $1.20M, median of 15 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby in East York · asking prices
$1.32Mavg asking

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

623 O' Connor Dr Drive$999k179 Woodville Avenue$1.25M239 Torrens Avenue$1.73M

The 3 closest active listings nearby.

See all comparable homes
1.35MThis home999k1.25M1.73MThis home vs active comparables
Live market pulseActive comparables in East York · median list $1.90M
$1,038this home / sqft
15active listings nearby
29days on market

This home lists 8% above the area average of $963/sqft.

28 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

East York, 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

74/ 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: Donlands Ave at Elmsdale Rd, about 131 m away

20+ transit stops7 grocery20+ dining20+ parks17 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.

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

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 William Burgess Elementary School
59%
William Burgess Elementary SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 59% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,153/mo
$253KIncome needed
5.3×Price ÷ income
$1,420Weekly 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 $6,153Property tax $503Total carry $6,656

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)
$5,763per month

Mortgage amount $1,080,000 · 4.14% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$6,267Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,763
Property tax
$503
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,267

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

One-time closing costs

Ontario land transfer tax
$23,475
Toronto municipal land transfer tax
$23,475
Estimated closing costs
$46,950

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,000/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

$648,984Total interest paid
$1,728,984Total of all payments
Principal $1,080,000 Interest $648,984
YearPrincipalInterestBalance
1$25,301$43,859$1,054,699
2$26,359$42,800$1,028,340
3$27,462$41,698$1,000,879
4$28,610$40,549$972,269
5$29,807$39,352$942,462
6$31,054$38,106$911,408
7$32,353$36,807$879,055
8$33,706$35,453$845,350
9$35,116$34,044$810,234
10$36,585$32,575$773,649
11$38,115$31,045$735,534
12$39,709$29,450$695,825
13$41,370$27,789$654,455
14$43,101$26,059$611,355
15$44,903$24,256$566,451
16$46,782$22,378$519,669
17$48,738$20,421$470,931
18$50,777$18,382$420,154
19$52,901$16,258$367,253
20$55,114$14,046$312,139
21$57,419$11,740$254,720
22$59,821$9,338$194,899
23$62,323$6,836$132,576
24$64,930$4,229$67,646
25$67,646$1,513$0

At the end of your 5-year term

Total paid over the term
$345,797
Principal paid down
$137,538
Interest paid
$208,259
Balance remaining
$942,462

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
1.3%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.

2.0%
Gross yield
− Property tax $6,040− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,124

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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