41 Meadowcliffe Drive, Toronto, ON
Cliffcrest, Toronto · MLS® E13572100
About this home
Welcome to 41 Meadowcliffe Drive in the heart of the Bluffs. The moment one steps onto this exclusive street, they are mesmerised by the natural beauty in which the home is enveloped. This custom-built luxury property has its own charisma. Entering upon a floating staircase and looking up at soaring 16 ft cathedral ceilings, the entire home has a feeling of whimsical grandeur. Each room is artistically designed to maximize outdoor views. One of the best areas of the home is the grand living room, opening onto a massive 1,500 sq ft deck. Offering seamless indoor/outdoor living experiences, this is the perfect way to entertain with family and friends. The spacious kitchen is also set up for pure enjoyment, with access to a BBQ area overlooking the gardens for true open-air dining. The primary suite includes an ensuite bath and walk-in closet - with two additional bedrooms down the hall, also offering generous square footage. The lower-level has been strategically designed with a walk-out entrance. Its family room features a cozy, yet sophisticated, stone wall fireplace. The kitchen includes an eat-in breakfast area with views of the front garden, further adding to the property's glamour. Moreover, there are two additional bedrooms and a secondary laundry - as well as heated floors throughout the entirety of the downstairs suite. This home's layout is not only ideal for a single family, but also great as a multi-family property, or income space with self-contained rental.41 Meadowcliffe is a must-see, cradled in the natural beauty of the lake, just steps away! The entire home has been meticulously renovated, starting in 2006.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- E13572100
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 5 (2 half)
- Size
- 3000-3500
- Lot
- 125 × 225 ft
- Cross streets
- FENWOOD AND KINGSTON
- Parking
- 2 garage · 14 parking (attached)
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,465 / 2025
- Days on market
- 1
- Listing brokerage
- ZOLO REALTY
Listed at $2,149,000, this home is tracking about 16% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 44 similar homes nearby, adjusted for size, beds, and baths.Median of 44 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.80M, 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 $2.39M
- Bathrooms +$15K
- Adjusts to $2.40M
That comparable adjusts to $2.40M; the $2.55M estimate above is the median of all 44 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kingston Rd at McNab Blvd East Side is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $2.55M, median of 44 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 21% below the area average of $835/sqft.
0 days faster than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cliffcrest, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Kingston Rd at McNab Blvd East Side, about 739 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,719,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,174
- Property tax
- $1,039
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,213
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $40,200
- Toronto municipal land transfer tax
- $40,200
- Estimated closing costs
- $80,400
Plus your down payment of $429,800. 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
- $550,457
- Principal paid down
- $218,941
- Interest paid
- $331,517
- Balance remaining
- $1,500,259
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 ZOLO REALTY. MLS®/PropTx.