8 Lombardy Crescent, Toronto, ON
Kennedy Park, Toronto · MLS® E13539750
About this home
Imagine arriving home to a quiet, established neighbourhood where mature trees line the streets and every detail has already been taken care of. Welcome to 8 Lombardy Crescent-a beautifully updated bungalow where comfort, flexibility, and modern living come together.Start your mornings in the bright, renovated kitchen, complete with brand-new appliances, stylish cabinetry, and contemporary finishes. Whether you're preparing a family meal, entertaining friends, or simply enjoying a quiet coffee, the thoughtfully designed layout makes every day feel effortless. Fresh flooring, updated doors, trim, and paint create a warm, inviting atmosphere throughout the main level.With 3+1 bedrooms and 2 bathrooms, the home easily adapts as life changes. The finished basement features a separate 1-bedroom in-law suite, offering the flexibility for extended family, overnight guests, or potential rental income.Step outside and discover a backyard ready for summer barbecues, children's play, gardening, or relaxing after a long day. The rare double-car garage and generous private driveway provide the convenience and storage every homeowner appreciates.Behind the scenes, major updates offer lasting peace of mind, including a furnace (2024), central air conditioner (2023), roof (2019), 100-amp electrical service, an owned hot water tank, and a transferable mechanical systems warranty through 2032.More than a renovated house, 8 Lombardy Crescent is a place to build memories, welcome family, and enjoy the confidence of owning a home that's ready for its next chapter. All that's missing is you.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13539750
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 40.06 × 125.1 ft
- Cross streets
- Danforth and Brimley
- Parking
- 2 garage · 8 parking (detached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,982 / 2026
- Days on market
- 9
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
large window · hardwood floor · combined w/dining
large window · hardwood floor · combined w/living
hardwood floor · closet · w/o to deck
quartz counter · hardwood floor · window
vinyl floor · open concept · above grade window
hardwood floor · closet · window
hardwood floor · closet · window
vinyl floor · open concept · wood stove
vinyl floor · above grade window
vinyl floor · centre island · open concept
Listed at $879,000, this home is within the range of comparable homes, on the higher 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 $877K, a bit higher.
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 $800K
- Bedrooms −$30K
- Adjusts to $770K
That comparable adjusts to $770K; the $770K 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.
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, this is a very walkable address with everyday errands close by. Danforth Rd at Glenshephard Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $770K, 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.
- 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.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 9% above the area average of $900/sqft.
8 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kennedy Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Danforth Rd at Glenshephard Dr, about 221 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 $703,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,753
- Property tax
- $332
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,084
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,055
- Toronto municipal land transfer tax
- $14,055
- Estimated closing costs
- $28,110
Plus your down payment of $175,800. 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
- $225,152
- Principal paid down
- $89,553
- Interest paid
- $135,599
- Balance remaining
- $613,647
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
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 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 SAGE REAL ESTATE LIMITED. MLS®/PropTx.