1 Grovenest Drive, Toronto, ON
Morningside, Toronto · MLS® E13506672
About this home
Beautiful, upgraded bungalow in the highly sought-after Seven Oaks community. * Warm and modern family home, well-maintained and comfortable* Excellent corner-lot exposure with large windows throughout, bringing in abundant natural light - even the basement feels bright and welcoming* Spacious and flexible family-friendly layout with a comfortable flow, perfect for everyday living, growing children, working from home, and entertaining guests* Huge private backyard surrounded by greenery, perfect for kids, gatherings, and summer BBQs* Located at 1 Grovenest Dr - a memorable "No. 1" address that makes this home truly stand out. This home offers 3+2 bedrooms and 3 updated bathrooms, including a well-appointed ensuite. this is a true move-in-ready home with pride of ownership throughout. Located in a quiet neighbourhood close schools, parks, shopping, and a 5-minute drive to the 401 and the Scarborough Town Centre. Roof shingle repalced 2016. Main Floor and Second Floor Fully Renovated (including new kitchen cabinets, countertop/stove area, and range hood): Completed in 2017. Central Air Conditioning and Tankless Water Heater (owned , no rental payments): Installed in 2017. Basement Furnace (owned) and Washing Machine: Replaced in 2024. Fully Finished Basement (including installation of a moisture and radon gas barrier under the flooring): Completed in 2024. New Fencing Around the Entire Property: Installed in 2022. Main/Second Floor Bathrooms Renovated: Completed in 2026.
Key facts
- Property type
- Detached, Sidesplit 3
- MLS®
- E13506672
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 1100-1500
- Lot
- 55 × 120 ft
- Cross streets
- Neilson/Ellesmere
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Crawl Space, Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,944 / 2026
- Days on market
- 17
- Listing brokerage
- REAL ONE REALTY INC.
Rooms
quartz counter · tile floor · overlooks backyard
3 pc ensuite · laminate · large window
laminate · large window · large closet
laminate · large window
laminate · large window
laminate · large window · b/i closet
laminate · large window · large closet
laminate · overlooks backyard
Listed at $989,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with 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 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $879K, a bit lower.
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 $988K
- Adjusts to $988K
That comparable adjusts to $988K; the $988K estimate above is the median of all 11 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 Highcastle Public 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Neilson Rd at Oakmeadow Blvd is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $988K, median of 11 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 2% below the area average of $776/sqft.
16 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morningside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Neilson Rd at Oakmeadow Blvd, about 238 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $791,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,222
- Property tax
- $329
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,551
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,255
- Toronto municipal land transfer tax
- $16,255
- Estimated closing costs
- $32,510
Plus your down payment of $197,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $253,328
- Principal paid down
- $100,760
- Interest paid
- $152,569
- Balance remaining
- $690,440
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ONE REALTY INC.. MLS®/PropTx.