64 Larwood Boulevard, Toronto, ON

Cliffcrest, Toronto · MLS® E13702488

$2,439,000
For Sale
Listed 59 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
6Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • A remarkable opportunity on one of Cliffcrest's most distinctive lots.
  • Set on an extraordinary 50 x 286 ft property, this modern residence offers approximately 4,500 sq. ft. of living space and a unique connection to the natural...
  • Inside, abundant natural light fills the expansive open-concept living spaces.
  • The chef's kitchen is appointed with premium Miele and SMEG appliances, while generous principal rooms provide flexibility for both everyday living and entertaining.
  • Five bedrooms and six bathrooms include an impressive primary suite with a spa-inspired ensuite and generous walk-in closets.

A remarkable opportunity on one of Cliffcrest's most distinctive lots. Set on an extraordinary 50 x 286 ft property, this modern residence offers approximately 4,500 sq. ft. of living space and a unique connection to the natural landscape of the Bluffs. The professionally landscaped, three-tiered backyard offers rare direct access to the future Brimley Road South Multi-Use Trail, creating an exceptional setting just steps from the Scarborough Bluffs. Inside, abundant natural light fills the expansive open-concept living spaces. The chef's kitchen is appointed with premium Miele and SMEG appliances, while generous principal rooms provide flexibility for both everyday living and entertaining. Five bedrooms and six bathrooms include an impressive primary suite with a spa-inspired ensuite and generous walk-in closets. Combining contemporary design, substantial living space and an exceptionally deep landscaped property, 64 Larwood offers something increasingly difficult to find in Toronto: space, privacy and direct access to nature, all within an established neighbourhood a short walk from the lake and the Bluffs.

Key facts

Property type
Detached, 2-Storey
MLS®
E13702488
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
50 × 286 ft
Cross streets
Brimley / Kingston
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Metal/Steel Siding
Foundation
Unknown
Roof
Flat
Sewer
Sewer
Property tax
$11,915 / 2025
Days on market
59
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$2.36Mlikely sale price

Listed at $2,439,000. Going by how homes in Cliffcrest and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $2.36M, if it sells. A realistic range is $2.21M to $2.66M.

Independent value check: $2.12M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.98M and $2.22M).

Why $2.12M. The typical detached home sold in Cliffcrest over the past year went for about $950K (81 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $11,915 a year; the typical home sold here pays about $4,500.
  • ▲ Raises it4+1 bedrooms and 6 baths, against 3+1 and 2 typically.
  • ▲ Raises it2 garage and 8 total parking spaces, against 1 and 4 typically.

Longer on the market than typical. 59 days on the market against about 38 for homes like it here, and asking 15% above where comparable closings put it.

List price
$2.21MBelow recent closings$2.66MAbove recent closings

Total price vs nearby homes. Likely closing about $2.36M, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$915Kmedian sold price
94%of asking, on average
−19%prices vs a year ago
~28 dayshomes like this take to sell
59days on market so far
$6,005/moest. rent · 5 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 9 detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $574/sqft against an area asking average of $650/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.79M. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($574/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 29 comparable homes that sold in Cliffcrest over the past two years, from 187 closings there.

What sellers nearby are askingCurrently listed nearby in Cliffcrest · asking prices
$2.56Mavg asking

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

Per square foot, these ask about $603/sqft; this home lists at $574/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.44MThis home2.70M2.35M3.00M2.20MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Cliffcrest: $883K in September 2026, down 16% from a year ago, on 73 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.03M11
November 2025$1.16M7
December 2025$933K5
April 2026$929K8
May 2026$936K8
June 2026$813K8
July 2026$990K6
August 2026$853K8
September 2026$883K12

Neighbourhood & location

Cliffcrest, 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.

Bendale
$949K
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Leaside
$2.15M
Banbury-Don Mills
$5.50M

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 Fairmount Public School
68%
Fairmount Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St John Henry Newman Catholic High School · Catholic secondary0.1 km · 63% at standard
Chine Drive Public School · Public elementary0.6 km · 90% at standard
John A Leslie Public School · Public elementary0.9 km · 60% at standard
St Agatha Catholic School · Catholic elementary1.2 km · 72% at standard
Anson Park Public School · Public elementary1.3 km · 60% at standard
Cliffside Public School · Public elementary1.5 km · 54% at standard
H A Halbert Junior Public School · Public elementary1.5 km · 46% at standard
Norman Cook Junior Public School · Public elementary1.7 km · 56% at standard
Robert Service Senior Public School · Public elementary1.9 km
South East Secondary Alternative School · Public secondary2.1 km
Caring and Safe School 3 · Public secondary2.1 km
Scarborough Centre for Alternative Studi · Public secondary2.1 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$11,116/mo
$458KIncome needed
5.3×Price ÷ income
$2,565Weekly cost
$94,900Land transfer tax, one-time (Ontario + Toronto)
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.

92%mortgage
Mortgage $11,116Property tax $993Total carry $12,109

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,789per month

Mortgage amount $1,951,200 · 4.49% over 25 years

$487,800Down payment (20.0%)
$1,951,200Loan before insurance
$0CMHC premium
$11,781Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,789
Property tax
$993
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,781

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

One-time closing costs

Ontario land transfer tax
$47,450
Toronto municipal land transfer tax
$47,450
Estimated closing costs
$94,900

Plus your down payment of $487,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,058/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

$1,285,356Total interest paid
$3,236,556Total of all payments
Principal $1,951,200 Interest $1,285,356
YearPrincipalInterestBalance
1$43,542$85,920$1,907,658
2$45,519$83,943$1,862,138
3$47,586$81,876$1,814,552
4$49,747$79,715$1,764,805
5$52,006$77,457$1,712,799
6$54,367$75,095$1,658,433
7$56,835$72,627$1,601,597
8$59,416$70,046$1,542,181
9$62,114$67,349$1,480,068
10$64,934$64,528$1,415,134
11$67,882$61,580$1,347,252
12$70,964$58,498$1,276,288
13$74,186$55,276$1,202,102
14$77,555$51,908$1,124,547
15$81,076$48,386$1,043,471
16$84,757$44,705$958,714
17$88,605$40,857$870,109
18$92,628$36,834$777,481
19$96,834$32,628$680,647
20$101,231$28,232$579,416
21$105,827$23,635$473,589
22$110,632$18,830$362,957
23$115,655$13,807$247,302
24$120,906$8,556$126,396
25$126,396$3,066$0

At the end of your 5-year term

Total paid over the term
$647,311
Principal paid down
$238,401
Interest paid
$408,911
Balance remaining
$1,712,799

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
From 5 whole-home leases in Cliffcrest$6,005/mo
$72,060Gross annual rent
2.1%Cap rate after taxes and upkeep
$5,284 to $6,725Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Cliffcrest signed at a median of $4,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,005. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.0%
Gross yield
− Property tax $11,915− Insurance $1,400− Vacancy & upkeep $7,927Net operating income $50,819

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

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