23 Parsborough Court, Toronto, ON

Rouge E11, Toronto · MLS® E13852906

$1,199,000
For Sale
Listed 17 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 23 Parsborough Court - a beautifully updated family home nestled on a quiet court with an impressive 80-ft backyard.
  • This spacious 4-bedroom, 4-bathroom home features newly hardwood flooring throughout, creating a warm and elegant atmosphere.
  • The kitchen and bathrooms were tastefully renovated years ago, showcasing refined finishes and thoughtful design.
  • The finished basement offers 2 additional bedrooms, generous living/recreation space, and a washer & dryer, providing excellent flexibility for a growing family...
  • A new air conditioner installed in 2025 and a roof with a 50-year warranty provide added comfort and peace of mind.

Welcome to 23 Parsborough Court - a beautifully updated family home nestled on a quiet court with an impressive 80-ft backyard!This spacious 4-bedroom, 4-bathroom home features newly hardwood flooring throughout, creating a warm and elegant atmosphere. The kitchen and bathrooms were tastefully renovated years ago, showcasing refined finishes and thoughtful design. The finished basement offers 2 additional bedrooms, generous living/recreation space, and a washer & dryer, providing excellent flexibility for a growing family, guests or extended family. Enjoy the exceptional outdoor space with an 80-ft backyard, perfect for family activities, entertaining and gardening. A new air conditioner installed in 2025 and a roof with a 50-year warranty provide added comfort and peace of mind. Situated on a quiet court in a desirable Scarborough neighbourhood, with convenient access to schools, parks, shopping, public transit, Highway 401 and Rouge National Urban Park.A rare opportunity to own a spacious, thoughtfully updated home with an exceptional backyard and versatile living space. Move-in ready and truly a must-see!

Key facts

Property type
Detached, 2-Storey
MLS®
E13852906
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
25.92 × 115.22 ft
Cross streets
Port Union/Sheppard
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Other, Tile
Sewer
Sewer
Property tax
$5,407 / 2026
Days on market
17
Listing brokerage
SUNSHINE REALTY BROKERAGE INC.

Rooms

LibraryBasement3.60 × 0.82 m

Broadloom

Family RoomMain5.18 × 3.66 m

hardwood floor · brick fireplace · window

Great RoomBasement5.60 × 5.00 m

Broadloom

BreakfastMain3.05 × 3.05 m

Overlooks Backyard

Dining RoomMain13.00 × 3.66 m

hardwood floor · large window

Bedroom 2Second3.66 × 3.05 m

hardwood floor · window · closet

Bedroom 3Second3.66 × 3.05 m

hardwood floor · closet · picture window

Bedroom 5Basement4.60 × 3.10 m

window · broadloom

KitchenMain3.66 × 3.05 m

tile floor · open concept

Bedroom 4Second3.05 × 3.05 m

hardwood floor · closet · picture window

Living RoomMain5.18 × 12.00 m

hardwood floor · bay window

BedroomSecond5.58 × 3.66 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

SittingSecond3.15 × 2.90 m

hardwood floor · picture window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.17Mlikely sale price

Listed at $1,199,000. Going by how homes in Rouge E11 and the wider GTA have actually closed against their asking prices (about 98%, 18 local closings in 90 days), the likely sale price is near $1.17M, if it sells. A realistic range is $1.10M to $1.32M.

Independent value check: $1.12M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.05M and $1.18M).

Why $1.12M. The typical detached home sold in Rouge E11 over the past year went for about $1.11M (69 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.10MBelow recent closings$1.32MAbove recent closings

Total price vs nearby homes. Likely closing about $1.17M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.04Mmedian sold price
99%of asking, on average
−10%prices vs a year ago
~29 dayshomes like this take to sell
17days on market so far
$3,700/moest. rent · 25 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 6 detached homes for sale in the area against 18 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 $533/sqft against an area asking average of $557/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.12M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Rouge Valley Public School. 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 ($533/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 18 comparable homes that sold in Rouge E11 over the past two years, from 151 closings there.

What sellers nearby are askingCurrently listed nearby in Rouge E11 · asking prices
$1.23Mavg 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 $548/sqft; this home lists at $533/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.20MThis home1.15M1.30M1.25MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Rouge E11, 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
Steeles
$1.20M
Woodbine-Lumsden
$949K
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 Rouge Valley Public School
73%
Rouge Valley Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Chief Dan George Public School · Public elementary0.7 km · 60% at standard
Meadowvale Public School · Public elementary1.0 km · 81% at standard
John G Diefenbaker Public School · Public elementary1.3 km · 60% at standard
St Jean de Brebeuf Catholic School · Catholic elementary1.5 km · 79% at standard
Centennial Road Junior Public School · Public elementary1.7 km · 71% at standard
Cardinal Leger Catholic School · Catholic elementary1.8 km · 78% at standard
West Rouge Junior Public School · Public elementary1.9 km · 71% at standard
Morrish Public School · Public elementary2.1 km · 82% at standard
St Brendan Catholic School · Catholic elementary2.1 km · 82% at standard
Joseph Howe Senior Public School · Public elementary2.3 km
Charlottetown Junior Public School · Public elementary2.4 km · 68% at standard
William G Davis Junior Public School · Public elementary2.5 km · 88% at standard

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

Affordability & Mortgage

Affordability
$5,465/mo
$226KIncome needed
5.3×Price ÷ income
$1,261Weekly cost
$40,910Land 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.

92%mortgage
Mortgage $5,465Property tax $451Total carry $5,915

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)
$5,304per month

Mortgage amount $959,200 · 4.49% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,754Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,304
Property tax
$451
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,754

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,419/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

$631,874Total interest paid
$1,591,074Total of all payments
Principal $959,200 Interest $631,874
YearPrincipalInterestBalance
1$21,405$42,238$937,795
2$22,377$41,266$915,418
3$23,393$40,250$892,024
4$24,455$39,188$867,569
5$25,566$38,077$842,003
6$26,726$36,917$815,277
7$27,940$35,703$787,337
8$29,209$34,434$758,129
9$30,535$33,108$727,594
10$31,921$31,722$695,673
11$33,370$30,273$662,302
12$34,886$28,757$627,417
13$36,470$27,173$590,947
14$38,125$25,518$552,822
15$39,856$23,787$512,965
16$41,666$21,977$471,299
17$43,558$20,085$427,741
18$45,536$18,107$382,206
19$47,603$16,040$334,602
20$49,764$13,878$284,838
21$52,024$11,619$232,814
22$54,386$9,257$178,428
23$56,855$6,788$121,572
24$59,437$4,206$62,136
25$62,136$1,507$0

At the end of your 5-year term

Total paid over the term
$318,215
Principal paid down
$117,197
Interest paid
$201,018
Balance remaining
$842,003

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 25 whole-home leases in Rouge E11$3,700/mo
$44,400Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,359 to $4,102Typical rent range
~21 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 25 whole-home leases in Rouge E11 signed at a median of $3,450 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,700. 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.

3.7%
Gross yield
− Property tax $5,407− Insurance $1,400− Vacancy & upkeep $4,884Net operating income $32,709

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

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