4029 Ellesmere Road, Toronto, ON

Highland Creek, Toronto · MLS® E13504664

$1,829,000
For Sale
Listed 17 days ago
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5Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Stunning Custom-Built Home in the Highly Desirable Highland Creek Community! Built just 4 years ago, this exceptional residence offers the perfect blend of luxury, comfort, and convenience. Ideally located just minutes from the University of Toronto Scarborough Campus, Centennial College, Pan Am Sports Centre, scenic Rouge National Urban Park, Guildwood GO Station, Highway 401, public transit, shopping, and everyday amenities.This spacious home features 5 generous bedrooms and 4 modern bathrooms, thoughtfully designed for comfortable family living. Step into a grand foyer with elegant finishes, pot lights, and upgraded lighting throughout. 10 Ft Ceiling on Main Floor. The open-concept main floor is filled with natural light and seamlessly connects the living, dining, and family rooms, highlighted by a cozy fireplace-perfect for both everyday living and entertaining.The gourmet kitchen boasts stainless steel appliances, granite countertops, a centre island, and a walk-in pantry, offering both style and functionality. Additional features include elegant hardwood stairs, a convenient main-floor laundry/mudroom, and a separate entrance to the basement, providing excellent future potential

Key facts

Property type
Detached, 2-Storey
MLS®
E13504664
Bedrooms
5
Bathrooms
5 (1 half)
Size
3500-5000
Lot
51.12 × 107.09 ft
Cross streets
Ellesmere/Meadowvale Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,855 / 2026
Days on market
17
Listing brokerage
REALTY ASSOCIATES INC.

Rooms

BreakfastFlat3.05 × 4.57 m

ceramic floor · w/o to patio · pot lights

Primary BedroomSecond4.88 × 4.85 m

wood trim · 5 pc ensuite · walk-in closet(s)

Family RoomFlat5.18 × 4.85 m

hardwood floor · casement windows · pot lights

Bedroom 5Second3.66 × 4.27 m

walk-in closet(s) · 3 pc ensuite · cathedral ceiling(s)

Bedroom 3Second3.47 × 3.66 m

broadloom · large closet · 4 pc ensuite

Dining RoomFlat3.66 × 4.60 m

hardwood floor · window

DenFlat3.66 × 3.35 m

hardwood floor · window

Bedroom 2Second4.21 × 3.63 m

3 pc ensuite · b/i closet · broadloom

Bedroom 4Second4.21 × 3.66 m

4 pc ensuite · double closet · window

KitchenFlat3.35 × 4.57 m

pantry · backsplash · granite counters

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.

On schools, this address is zoned for Meadowvale 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. Ellesmere Rd at Muirbank Blvd is about a 2-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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.83Mavg asking

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

416 Patricia Avenue$2.92M167 Harlandale Avenue$3.59M3 Legacy Court$5.00M

The 3 closest active listings nearby.

See all comparable homes
1.83MThis home2.92M3.59M5.00MThis home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $1.20M
$430this home / sqft
15active listings nearby
17days on market

This home lists 21% below the area average of $542/sqft.

16 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

55/ 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: Ellesmere Rd at Muirbank Blvd, about 129 m away

20+ transit stops20+ dining14 parks6 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 Meadowvale Public School
81%
Meadowvale Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 81% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$8,336/mo
$344KIncome needed
5.3×Price ÷ income
$1,924Weekly 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 $8,336Property tax $738Total carry $9,074

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,808per month

Mortgage amount $1,463,200 · 4.14% over 25 years

$365,800Down payment (20.0%)
$1,463,200Loan before insurance
$0CMHC premium
$8,546Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,808
Property tax
$738
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,546

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

One-time closing costs

Ontario land transfer tax
$33,055
Toronto municipal land transfer tax
$33,055
Estimated closing costs
$66,110

Plus your down payment of $365,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,484/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

$879,253Total interest paid
$2,342,453Total of all payments
Principal $1,463,200 Interest $879,253
YearPrincipalInterestBalance
1$34,278$59,420$1,428,922
2$35,712$57,987$1,393,211
3$37,205$56,493$1,356,005
4$38,762$54,937$1,317,244
5$40,383$53,315$1,276,861
6$42,072$51,626$1,234,789
7$43,832$49,866$1,190,957
8$45,665$48,033$1,145,292
9$47,575$46,123$1,097,717
10$49,565$44,133$1,048,151
11$51,639$42,060$996,513
12$53,799$39,900$942,714
13$56,049$37,649$886,665
14$58,393$35,305$828,272
15$60,836$32,862$767,436
16$63,380$30,318$704,056
17$66,032$27,667$638,024
18$68,794$24,905$569,231
19$71,671$22,027$497,560
20$74,669$19,029$422,891
21$77,792$15,906$345,098
22$81,046$12,652$264,052
23$84,436$9,262$179,616
24$87,968$5,730$91,648
25$91,648$2,050$0

At the end of your 5-year term

Total paid over the term
$468,491
Principal paid down
$186,339
Interest paid
$282,152
Balance remaining
$1,276,861

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
3.7%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.

4.8%
Gross yield
− Property tax $8,855− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $68,243

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

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