35 Starfire Drive, Toronto, ON

Highland Creek, Toronto · MLS® E13530276

$1,599,000
For Sale
Listed 11 days ago
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6Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Exceptional custom built home offering over 4000 sq. ft. living space. Thoughtfully designed living space in a prestigious multimillion dollar neighbourhood. Property features 4 +1 bedrooms with finished basement. The main floor features impressive 10 foot ceilings, hardwood flooring throughout, elegant mouldings and trim, coffered and waffle ceilings, pot lights, granite countertops, and a large skylight that fills the home with natural light. Fully Finished basement with a separate entrance featuring 1 bedroom, 1 full bathroom, a kitchen, and a theatre/entertainment area. Ideally located close to schools, parks, the University of Toronto, Centennial College, shopping, Highway 401, the Pan Am Centre, and major healthcare facilities, this home offers the perfect blend of luxury, comfort, and convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
E13530276
Bedrooms
6 (4 + 2)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
47.54 × 108.3 ft
Cross streets
Morrish Rd & Ellesmere Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,167 / 2025
Days on market
11
Listing brokerage
LUXURY HOMES WORLD INC.

Rooms

BreakfastMain4.57 × 3.05 m

porcelain floor · w/o to deck · pantry

KitchenMain4.57 × 3.05 m

porcelain floor · b/i appliances · centre island

Living RoomMain3.07 × 3.05 m

hardwood floor · coffered ceiling(s) · combined w/dining

Primary BedroomSecond6.35 × 4.27 m

hardwood floor · 5 pc bath

Family RoomMain6.22 × 3.96 m

hardwood floor · gas fireplace · coffered ceiling(s)

Dining RoomMain5.44 × 3.51 m

hardwood floor · coffered ceiling(s) · open concept

Bedroom 4Second3.75 × 3.20 m

hardwood floor · walk-in closet(s)

Bedroom 2Second4.51 × 3.78 m

hardwood floor · walk-in closet(s)

BedroomBasement2.80 × 2.50 m

Laminate

Bedroom 3Second3.75 × 3.35 m

hardwood floor · walk-in closet(s)

Media RoomBasement2.70 × 3.20 m

Laminate

KitchenBasement2.50 × 3.00 m

Laminate

Moe’s TakeTeam Asgarian · Broker
In line
$1.72Mest. value

Listed at $1,599,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

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 $1.67M, 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 $1.38M
  • Adjusts to $1.38M

That comparable adjusts to $1.38M; the $1.72M 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 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. Morrish Rd at Grantown Ave is about a 2-minute walk away.

List price
$1.46MGreat deal$1.80MOverpriced

Total price vs nearby homes. Fair value about $1.72M, 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Highland Creek · asking prices
$1.61Mavg asking

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

6 Devonridge Crescent$1.80M6270 Kingston Road$1.38M4 Camor Court$1.43M51 Sugarbush Square$1.18M10 Haida Court$2.25M

The 5 closest active listings nearby.

See all comparable homes
1.60MThis home1.80M1.38M1.43M1.18M2.25MThis home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $1.80M
$492this home / sqft
6active listings nearby
11days on market

This home lists 3% below the area average of $508/sqft.

10 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

52/ 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: Morrish Rd at Grantown Ave, about 165 m away

20+ transit stops20+ dining11 parks2 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 · 0.7 km awayAbove the GTA average · 81% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$7,288/mo
$303KIncome needed
5.3×Price ÷ income
$1,682Weekly 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.

91%mortgage
Mortgage $7,288Property tax $681Total carry $7,968

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)
$6,826per month

Mortgage amount $1,279,200 · 4.14% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,507Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,826
Property tax
$681
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,507

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,291/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

$768,686Total interest paid
$2,047,886Total of all payments
Principal $1,279,200 Interest $768,686
YearPrincipalInterestBalance
1$29,967$51,948$1,249,233
2$31,221$50,695$1,218,012
3$32,527$49,389$1,185,485
4$33,887$48,028$1,151,598
5$35,305$46,611$1,116,294
6$36,781$45,134$1,079,512
7$38,320$43,596$1,041,192
8$39,923$41,993$1,001,270
9$41,593$40,323$959,677
10$43,332$38,583$916,345
11$45,145$36,770$871,200
12$47,033$34,882$824,166
13$49,001$32,915$775,166
14$51,050$30,865$724,115
15$53,186$28,730$670,930
16$55,410$26,505$615,520
17$57,728$24,187$557,792
18$60,143$21,773$497,649
19$62,658$19,257$434,991
20$65,279$16,636$369,711
21$68,010$13,906$301,702
22$70,855$11,061$230,847
23$73,818$8,097$157,029
24$76,906$5,009$80,123
25$80,123$1,793$0

At the end of your 5-year term

Total paid over the term
$409,577
Principal paid down
$162,906
Interest paid
$246,671
Balance remaining
$1,116,294

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
3.6%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.

4.7%
Gross yield
− Property tax $8,167− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,717

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

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