55 Pine Crescent, Toronto, ON

The Beaches, Toronto · MLS® E13753312

$2,499,900
For Sale
Listed 41 days agoNo offer date stated
4+2Bedrooms
3Bathrooms
2Garage · 3 parking
2500-3000Sq ft

About this home

In short

  • Welcome to a beautifully and tastefully, renovated home on one of the Beach's most coveted streets - the iconic Red Brick Road.
  • With more than 2700 sq. ft. above grade, the home feels spacious while retaining the warmth and charm the Beach is known for.
  • Bright, well proportioned rooms combine timeless, architectural character with thoughtful renovations and upgrades throughout.
  • Enjoy a picturesque stroll across the Glen Stewart bridge overlooking the park and ravine on your way to Queen St, the waterfront or nearby schools including...
  • Parks, ravine trails, recreation facilities, the Boardwalk and the waterfront bike path are all close by making this an exceptional setting for anyone who loves the...

Welcome to a beautifully and tastefully, renovated home on one of the Beach's most coveted streets - the iconic Red Brick Road! Set back on a generous lot in the heart of Prime Beach, this impressive owner-occupied duplex offers a rare combination of space, character and versatility. Perfect for multi-generational living, an extended family or those looking to enjoy the home while generating rental income - offering exceptional flexibility for years to come. With more than 2700 sq. ft. above grade, the home feels spacious while retaining the warmth and charm the Beach is known for. Bright, well proportioned rooms combine timeless, architectural character with thoughtful renovations and upgrades throughout. The generous floor plan features 4+2 bedrooms, a main floor sunroom, second floor den, 2 fireplaces, 2 walkout balconies - creating plenty of space to gather, work, relax and entertain. The high, finished lower level provides even more living space and features a separate side entrance and convenient walk-up. The location is equally special. Enjoy a picturesque stroll across the Glen Stewart bridge overlooking the park and ravine on your way to Queen St, the waterfront or nearby schools including Williamson Road Jr. P.S. and Glen Ames Sr. P. S. Parks, ravine trails, recreation facilities, the Boardwalk and the waterfront bike path are all close by making this an exceptional setting for anyone who loves the outdoors and the Beach lifestyle.

Key facts

Property type
Detached, 2-Storey
MLS®
E13753312
Bedrooms
4+2 (6 total)
Bathrooms
3
Size
2500-3000 sq ft
Lot
35 × 133 ft
Cross streets
Glen Manor & Queen
Parking
2 garage · 3 parking (detached)
Driveway
Lane
Basement
Finished, Separate Entrance
Heating
Water
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$13,489 / 2026
Days on market
41
Listing brokerage
UNION REALTY BROKERAGE INC.

Rooms

Living RoomSecond4.45 × 4.85 m

hardwood floor · gas fireplace · overlooks frontyard

KitchenSecond2.28 × 3.46 m

renovated · pot lights · window

Bedroom 2Second3.00 × 3.75 m

hardwood floor · closet · w/o to balcony

Primary BedroomMain3.41 × 4.01 m

hardwood floor · combined w/sunroom · overlooks backyard

BedroomBasement4.40 × 3.24 m

vinyl floor · pot lights · window

Bedroom 2Main3.43 × 3.38 m

hardwood floor · closet · french doors

Primary BedroomSecond3.44 × 3.66 m

hardwood floor · b/i closet · w/o to balcony

RecreationBasement5.45 × 3.71 m

window · pot lights · vinyl floor

Utility RoomBasement2.50 × 3.71 m

Unfinished

SunroomMain1.91 × 4.17 m

hardwood floor · enclosed · overlooks backyard

Dining RoomMain4.70 × 3.86 m

hardwood floor · open concept · california shutters

BedroomBasement3.86 × 3.71 m

window · pot lights · b/i closet

SittingBasement3.28 × 3.25 m

vinyl floor · pot lights

Dining RoomSecond4.70 × 4.24 m

hardwood floor · formal rm · overlooks living

Living RoomMain4.42 × 4.72 m

hardwood floor · pot lights · gas fireplace

LaundryBasement3.09 × 3.24 m

b/i shelves · laundry sink · walk-up

OfficeSecond2.22 × 2.54 m

hardwood floor · window · overlooks frontyard

OtherBasement

walk-out · pot lights

KitchenMain2.62 × 3.39 m

hardwood floor · centre island · renovated

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Malvern Collegiate Institute, 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.

Neighbourhood & location

The Beaches, 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.

Woodbine-Lumsden
$949K
Cliffcrest
$799K
Leaside
$2.15M
Wexford-Maryvale
$849K
Bendale
$900K

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 Williamson Road Junior Public School
78%
Williamson Road Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 78% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Balmy Beach Community School · Public elementary0.3 km · 88% at standard
St John Catholic School · Catholic elementary0.6 km · 72% at standard
Notre Dame Catholic High School · Catholic secondary0.6 km · 82% at standard
Neil McNeil High School · Catholic secondary0.9 km · 76% at standard
Beaches Alternative Junior School · Public elementary1.0 km
Kimberley Junior Public School · Public elementary1.0 km · 82% at standard
Adam Beck Junior Public School · Public elementary1.0 km · 73% at standard
Kew Beach Junior Public School · Public elementary1.1 km · 85% at standard
Norway Junior Public School · Public elementary1.1 km · 85% at standard
Courcelette Public School · Public elementary1.2 km · 77% at standard
Blantyre Public School · Public elementary1.3 km · 71% at standard
Bowmore Road Junior and Senior Public School · Public elementary1.8 km · 64% at standard

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

Affordability & Mortgage

Affordability
$11,394/mo
$473KIncome needed
5.3×Price ÷ income
$2,629Weekly cost
$97,945Land 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.

91%mortgage
Mortgage $11,394Property tax $1,124Total carry $12,518

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)
$11,058per month

Mortgage amount $1,999,920 · 4.49% over 25 years

$499,980Down payment (20.0%)
$1,999,920Loan before insurance
$0CMHC premium
$12,182Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,058
Property tax
$1,124
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,182

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

One-time closing costs

Ontario land transfer tax
$48,973
Toronto municipal land transfer tax
$48,973
Estimated closing costs
$97,945

Plus your down payment of $499,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,384/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

$1,317,450Total interest paid
$3,317,370Total of all payments
Principal $1,999,920 Interest $1,317,450
YearPrincipalInterestBalance
1$44,630$88,065$1,955,290
2$46,656$86,039$1,908,634
3$48,774$83,920$1,859,860
4$50,989$81,706$1,808,871
5$53,304$79,391$1,755,567
6$55,724$76,970$1,699,842
7$58,254$74,440$1,641,588
8$60,899$71,795$1,580,689
9$63,664$69,030$1,517,024
10$66,555$66,140$1,450,469
11$69,577$63,118$1,380,892
12$72,736$59,959$1,308,156
13$76,039$56,656$1,232,117
14$79,491$53,204$1,152,626
15$83,100$49,595$1,069,526
16$86,873$45,822$982,653
17$90,818$41,877$891,835
18$94,941$37,754$796,894
19$99,252$33,443$697,642
20$103,758$28,936$593,884
21$108,469$24,225$485,414
22$113,394$19,300$372,020
23$118,543$14,152$253,477
24$123,925$8,770$129,552
25$129,552$3,143$0

At the end of your 5-year term

Total paid over the term
$663,474
Principal paid down
$244,353
Interest paid
$419,121
Balance remaining
$1,755,567

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
1.6%Cap rate after taxes and upkeep

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.

2.5%
Gross yield
− Property tax $13,489− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $41,181

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

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