88 Cavehill Crescent, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13838988

$799,000
For Sale
Listed 20 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 4 parking
700-1100Sq ft

About this home

Welcome to 88 Cavehill Crescent, a move-in-ready family home tucked away on a quiet, tree-lined street and backing onto beautiful green space for added privacy and a peaceful natural setting. Enjoy easy access to nearby parks, ravines and walking trails, with schools, shopping and everyday amenities all close by. The Scarborough Bluffs and Lake Ontario waterfront parks and trails are also just a short drive away. Inside, the home has been well cared for, with major mechanical updates already taken care of, including a furnace, air conditioning and hot water tank all less than two years old. Convenient access to major highways makes commuting across the city and into downtown Toronto easy. A great opportunity to enjoy a family-friendly neighbourhood with nature at your doorstep and everything you need close by.

Key facts

Property type
Detached, Bungalow
MLS®
E13838988
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
700-1100 sq ft
Lot
54.5 × 91 ft
Cross streets
Pharmacy And Ellesmere
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,450 / 2026
Days on market
20
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

RecreationLower9.75 × 3.18 m

Window

Bedroom 3Lower3.44 × 3.38 m

broadloom · window

KitchenMain3.39 × 2.82 m

stainless steel appl · tile floor

Bedroom 2Main3.28 × 3.07 m

hardwood floor · window · closet

Primary BedroomMain3.80 × 3.31 m

hardwood floor · window · closet

Living RoomMain4.27 × 3.42 m

hardwood floor · window · open concept

Dining RoomMain3.41 × 2.46 m

hardwood floor · window · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$790Klikely sale price

Listed at $799,000. Going by how homes in Wexford-Maryvale and the wider GTA have actually closed against their asking prices (about 99%, 35 local closings in 90 days), the likely sale price is near $790K, if it sells. A realistic range is $740K to $890K.

Independent value check: $826K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $774K and $866K).

Why $826K. The typical detached home sold in Wexford-Maryvale over the past year went for about $919K (119 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$740KBelow recent closings$890KAbove recent closings

Total price vs nearby homes. Likely closing about $790K, from 35 recent closings in this pocket.

The market behind the math:

35sold nearby · 90 days
$860Kmedian sold price
99%of asking, on average
−14%prices vs a year ago
~15 dayshomes like this take to sell
20days on market so far
$2,417/moest. rent · 62 leases
3.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.6 months of inventory: 7 detached homes for sale in the area against 35 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 $888/sqft against an area asking average of $1,016/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 35 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $748K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

Its public catchment (Terraview-Willowfield Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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

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 35 comparable homes that sold in Wexford-Maryvale over the past two years, from 259 closings there.

Sold price trend

Median sold price for detached homes in Wexford-Maryvale: $891K in September 2026, down 7% from a year ago, on 120 closings in 11 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$965K14
November 2025$864K8
December 2025$1.06M6
February 2026$945K5
March 2026$1.06M10
April 2026$935K16
May 2026$955K12
June 2026$930K11
July 2026$838K18
August 2026$875K6
September 2026$891K14

Neighbourhood & location

Wexford-Maryvale, 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
Banbury-Don Mills
$5.50M
Steeles
$1.20M
St. Andrew-Windfields
$4.10M
Willowdale East
$2.19M

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 Terraview-Willowfield Public School
72%
Terraview-Willowfield Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 72% meet the provincial standard
Parkview Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Our Lady of Wisdom Catholic School · Catholic elementary0.5 km · 79% at standard
Caring and Safe School 2 · Public secondary0.5 km
Vradenburg Junior Public School · Public elementary0.9 km · 75% at standard
Roywood Public School · Public elementary1.1 km · 77% at standard
St Isaac Jogues Catholic School · Catholic elementary1.1 km · 79% at standard
Maryvale Public School · Public elementary1.2 km · 52% at standard
Lynngate Junior Public School · Public elementary1.4 km · 61% at standard
Victoria Park Collegiate Institute · Public secondary1.5 km · 68% at standard
Glamorgan Junior Public School · Public elementary1.7 km · 63% at standard
Fenside Public School · Public elementary1.7 km · 72% at standard
Holy Spirit Catholic School · Catholic elementary1.7 km · 72% at standard
Ellesmere-Statton Public School · Public elementary1.7 km · 64% at standard

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

Affordability & Mortgage

Affordability
$3,642/mo
$154KIncome needed
5.2×Price ÷ income
$840Weekly cost
$24,910Land 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 $3,642Property tax $371Total carry $4,012

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%
$
%
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)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,905Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$371
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,905

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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 62 whole-home leases in Wexford-Maryvale$2,417/mo
$29,004Gross annual rent
2.5%Cap rate after taxes and upkeep
$2,036 to $2,823Typical rent range
~37 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 62 whole-home leases in Wexford-Maryvale signed at a median of $2,684 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,417. 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.

3.6%
Gross yield
− Property tax $4,450− Insurance $1,400− Vacancy & upkeep $3,190Net operating income $19,963

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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