18 Horizon Crescent, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13876288

$879,000
For Sale
Listed 11 days agoNo offer date stated
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3Bedrooms
1Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • This charming bungalow has been lovingly cared for and cherished by the same family for over 50 years.
  • The home sits on a corner lot boasting an extra wide frontage.
  • Main level has an open concept living/dining area with huge Bay Windows in the front and back of home flooding the main floor with plenty of natural light, kitchen...
  • All 3 bedrooms have hardwood flooring throughout.

This charming bungalow has been lovingly cared for and cherished by the same family for over 50 years! The home sits on a corner lot boasting an extra wide frontage! Main level has an open concept living/dining area with huge Bay Windows in the front and back of home flooding the main floor with plenty of natural light, kitchen comes equipped with a breakfast bar, gas stove, built in dishwasher and a walkout to yard for easy BBQ'ing access. All 3 bedrooms have hardwood flooring throughout. Large lower level rec room gives ample room for extra living space + separate laundry area with plenty of storage! Don't let this opportunity to live in a family friendly community, walking distance to public & catholic schools, transit & shopping pass you by!

Key facts

Property type
Detached, Bungalow
MLS®
E13876288
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
50 × 100 ft
Cross streets
Sheppard Ave & Birchmount Rd
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,188 / 2025
Days on market
11
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomMain7.25 × 3.99 m

open concept · hardwood floor · bay window

Bedroom 2Main3.05 × 3.08 m

hardwood floor · closet · window

LaundryLower6.68 × 7.62 m
Primary BedroomMain4.42 × 2.78 m

hardwood floor · walk-in bath · walk-in closet(s)

Bedroom 3Main2.80 × 3.08 m
RecreationLower7.07 × 3.96 m

above grade window · laminate

Dining RoomMain7.26 × 3.99 m

open concept · hardwood floor · bay window

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

The assigned public school is Lynngate Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Tam O'Shanter-Sullivan, 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.

Wexford-Maryvale
$849K
Steeles
$1.20M
Bendale
$900K
Bayview Village
$1.60M
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 Lynngate Junior Public School
61%
Lynngate Junior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 61% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Inglewood Heights Junior Public School · Public elementary0.6 km · 72% at standard
Tam O'Shanter Junior Public School · Public elementary0.6 km · 56% at standard
Pauline Johnson Junior Public School · Public elementary0.7 km · 58% at standard
Vradenburg Junior Public School · Public elementary0.9 km · 75% at standard
Glamorgan Junior Public School · Public elementary1.2 km · 63% at standard
Bridlewood Junior Public School · Public elementary1.3 km · 83% at standard
Timberbank Junior Public School · Public elementary1.5 km · 71% at standard
Highland Heights Junior Public School · Public elementary1.7 km · 60% at standard
Parkview Alternative School · Public secondary1.7 km
Caring and Safe School 2 · Public secondary1.7 km
Agincourt Junior Public School · Public elementary1.8 km · 75% at standard
North Bridlewood Junior Public School · Public elementary1.9 km · 69% at standard

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

Affordability & Mortgage

Affordability
$4,006/mo
$170KIncome needed
5.2×Price ÷ income
$925Weekly cost
$28,110Land 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.

90%mortgage
Mortgage $4,006Property tax $432Total carry $4,439

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)
$3,888per month

Mortgage amount $703,200 · 4.49% over 25 years

$175,800Down payment (20.0%)
$703,200Loan before insurance
$0CMHC premium
$4,320Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,888
Property tax
$432
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,320

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

One-time closing costs

Ontario land transfer tax
$14,055
Toronto municipal land transfer tax
$14,055
Estimated closing costs
$28,110

Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,706/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

$463,234Total interest paid
$1,166,434Total of all payments
Principal $703,200 Interest $463,234
YearPrincipalInterestBalance
1$15,692$30,965$687,508
2$16,405$30,252$671,103
3$17,150$29,508$653,953
4$17,928$28,729$636,024
5$18,742$27,915$617,282
6$19,593$27,064$597,688
7$20,483$26,174$577,205
8$21,413$25,244$555,792
9$22,385$24,272$533,407
10$23,402$23,256$510,005
11$24,464$22,193$485,541
12$25,575$21,082$459,966
13$26,736$19,921$433,230
14$27,950$18,707$405,280
15$29,219$17,438$376,060
16$30,546$16,111$345,515
17$31,933$14,725$313,582
18$33,383$13,275$280,199
19$34,898$11,759$245,301
20$36,483$10,174$208,818
21$38,139$8,518$170,678
22$39,871$6,786$130,807
23$41,681$4,976$89,126
24$43,574$3,084$45,552
25$45,552$1,105$0

At the end of your 5-year term

Total paid over the term
$233,287
Principal paid down
$85,918
Interest paid
$147,369
Balance remaining
$617,282

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$2,300/mo
$27,600Gross annual rent
2.0%Cap rate after taxes and upkeep

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.

3.1%
Gross yield
− Property tax $5,188− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,976

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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