3686 Ellesmere Road, Toronto, ON

Highland Creek, Toronto · MLS® E13588168

$1,599,999
For Sale
Listed 3 days ago
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5Bedrooms
5Bathrooms
2Garage · 8 parking
2500-3000Sq Ft

About this home

Elegant Custom-Built Home In A Prime Scarborough LocationWelcome To 3686 Ellesmere Road, A Beautifully Crafted Custom Residence Offering Approximately 2485 Sq. Ft. Of Above-Grade Living Space, Designed With Timeless Elegance And Modern Comfort. From The Moment You Arrive, The Impressive Stone Façade, Double Garage, And Grand Entrance Create Exceptional Curb Appeal. Step Inside To Discover A Spectacular 10-Foot Ceiling On The Main Floor And A Soaring Open-To-Above Foyer That Fills The Home With Natural Light.The Thoughtfully Designed Main Level Features Rich Hardwood Flooring, Detailed Coffered Ceilings, Elegant Crown Mouldings, A Spacious Formal Living And Dining Area, And A Warm Family Room With A Fireplace-Perfect For Everyday Living And Entertaining.The Chef-Inspired Kitchen Boasts Custom Full-Height Cabinetry, Granite Countertops, Premium Built-In Appliances, A Stylish Backsplash, And Abundant Storage, Making It Both Beautiful And Functional.Upstairs, Enjoy 9-Foot Ceilings Throughout The Second Floor, Where Generously Sized Bedrooms Provide Comfort And Privacy. The Spacious Primary Suite Offers A Peaceful Retreat With A Luxurious Ensuite Bathroom And Ample Closet Space.Property Highlights:Approximately 2,600 Sq. Ft. Above GroundCustom-Built Stone Exterior10-Ft Ceilings On The Main Floor10-Ft Ceilings On The Second FloorGrand Open-To-Above FoyerHardwood Flooring ThroughoutCoffered Ceilings And Crown MouldingGourmet Kitchen With Custom Cabinetry And Built-In AppliancesSpacious Family Room With FireplaceDouble-Car GarageLocated Close To Schools, Parks, Shopping, Public Transit, Highway 401, University Of Toronto Scarborough, Centennial College, And Other Everyday Amenities.This Exceptional Home Seamlessly Blends Luxury, Craftsmanship, And Convenience, Making It An Outstanding Opportunity For Families Seeking Upscale Living In One Of Scarborough's Most Desirable Neighbourhoods. Photos Uploaded In This Listing Are All AI Staged.

Key facts

Property type
Detached, 2-Storey
MLS®
E13588168
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
2500-3000
Lot
45.7 × 109.97 ft
Cross streets
Morrish and Ellesmere
Parking
2 garage · 8 parking (built-in)
Driveway
Available
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,043 / 2026
Days on market
3
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Powder RoomMain2.22 × 0.00 m
Bedroom 2Second3.47 × 3.29 m
Living RoomBasement4.27 × 3.35 m
Bedroom 3Second3.66 × 3.05 m
Dining RoomMain3.81 × 3.20 m
LaundryMain2.13 × 1.52 m
BedroomBasement3.66 × 3.14 m
BedroomSecond5.15 × 3.47 m
KitchenBasement5.49 × 3.00 m
Dining RoomBasement3.05 × 1.83 m
Family RoomMain5.49 × 3.26 m
Living RoomMain4.51 × 3.66 m
Primary BedroomSecond5.49 × 3.05 m
KitchenMain3.66 × 3.23 m
Our TakeTeam Asgarian · Broker
Above comparables
$1.24Mest. value

Listed at $1,599,999, and my independent estimate is about 29% above what comparable homes suggest.

In Highland Creek lately, sellers get about 98% of asking; homes sell in ~24 days.

List price
$1.20MGreat deal$1.60MOverpriced

Total price vs nearby homes. Fair value about $1.24M, median of 31 comparables.

How this estimate is builtthe short version

I take the 31 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.46M, a bit higher.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 31 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$2.56Mavg asking

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

2 Lapworth Crescent$1.40M36A Doverwood Court$2.49M5 Canterbury Crescent$2.90M51 Princeton Road$3.00M106 Rathburn Road$3.00M

The 5 closest active listings nearby.

See all comparable homes
1.60MThis home1.40M2.49M2.90M3.00M3.00MThis home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $1.50M
$582this home / sqft
8active listings nearby
3days on market
86sold nearby · 90 days
$1.04Mmedian sold price
98%of asking, on average

This home lists 18% above the area average of $494/sqft.

2 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Clairlea-Birchmount
$880K
Bayview Village
$2.00M
The Beaches
$2.38M
St. Andrew-Windfields
$2.40M
Leaside
$1.75M

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 · 0.8 km awayAbove the GTA average · 81% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$7,292/mo
$299KIncome needed
5.3×Price ÷ income
$1,683Weekly 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.

93%mortgage
Mortgage $7,292Property tax $587Total carry $7,879

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,831per month

Mortgage amount $1,279,999 · 4.14% over 25 years

$320,000Down payment (20.0%)
$1,279,999Loan before insurance
$0CMHC premium
$7,417Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,831
Property tax
$587
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,417

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

One-time closing costs

Ontario land transfer tax
$28,475
Toronto municipal land transfer tax
$28,475
Estimated closing costs
$56,950

Plus your down payment of $320,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,296/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

$769,166Total interest paid
$2,049,165Total of all payments
Principal $1,279,999 Interest $769,166
YearPrincipalInterestBalance
1$29,986$51,981$1,250,013
2$31,240$50,726$1,218,773
3$32,547$49,420$1,186,226
4$33,908$48,058$1,152,318
5$35,327$46,640$1,116,991
6$36,804$45,162$1,080,187
7$38,344$43,623$1,041,843
8$39,948$42,019$1,001,895
9$41,619$40,348$960,277
10$43,359$38,607$916,917
11$45,173$36,793$871,744
12$47,063$34,904$824,681
13$49,031$32,935$775,650
14$51,082$30,884$724,568
15$53,219$28,748$671,349
16$55,445$26,522$615,904
17$57,764$24,203$558,140
18$60,180$21,786$497,960
19$62,697$19,269$435,262
20$65,320$16,647$369,942
21$68,052$13,914$301,890
22$70,899$11,068$230,991
23$73,864$8,102$157,127
24$76,954$5,013$80,173
25$80,173$1,794$0

At the end of your 5-year term

Total paid over the term
$409,833
Principal paid down
$163,008
Interest paid
$246,825
Balance remaining
$1,116,991

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$5,250/mo
$63,000Gross annual rent
3.0%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.

3.9%
Gross yield
− Property tax $7,043− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,627

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

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