16 Pine Crescent, Toronto, ON

The Beaches, Toronto · MLS® E14030052

$2,999,999
For Sale
Listed 5 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1.5Garage · 4 parking
1500-2000Sq ft

About this home

A tastefully updated modern home with an rare opportunity to expand this beautiful family home on a highly revered Red Brick Street, open concept main floor with entertainers kitchen walks out to newly redone stunning backyard tiered with decks, gas line to deck for fireplace, newer roof top over garage without door kitchen set up, NO SNOW SHOVELLING! on radiate heated driveway going into fully insulated finished garage that is heated and has A/C for year round use garage floor is also heated). $62k spent on ductless heating and A/C system in 2021, $45K on windows, doors, there is a beautiful picture sliding door to backyard with a view of the electrical pond with water fountain, Washer and Dryer, Dishwasher(2025), updated electrical system 200amps, fully finished basement, must see this property in highly coveted school district, steps from Glen Manor Park and the Glen Stewart Ravine, stroll the boutiques and family friendly beaches Queen East community. Carson and Dunlop Home Inspection Avail on request. Sellers reserve the right to pre-emptive offers.

Key facts

Property type
Detached, 2-Storey
MLS®
E14030052
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
46.85 × 110 ft
Cross streets
Glen Manor/Queen East
Parking
1.5 garage · 4 parking (attached)
Basement
Finished
Heating
Other
A/C
Other
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,185 / 2026
Days on market
5
Listing brokerage
RIGHT AT HOME REALTY
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
Leaside
$2.15M
Wexford-Maryvale
$849K
Bendale
$900K
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 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 elementary0.7 km · 72% at standard
Notre Dame Catholic High School · Catholic secondary0.7 km · 82% at standard
Neil McNeil High School · Catholic secondary1.0 km · 76% at standard
Kew Beach Junior Public School · Public elementary1.0 km · 85% at standard
Adam Beck Junior Public School · Public elementary1.0 km · 73% at standard
Beaches Alternative Junior School · Public elementary1.1 km
Kimberley Junior Public School · Public elementary1.1 km · 82% at standard
Norway Junior Public School · Public elementary1.1 km · 85% at standard
Courcelette Public School · Public elementary1.3 km · 77% at standard
Blantyre Public School · Public elementary1.4 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
$13,673/mo
$555KIncome needed
5.4×Price ÷ income
$3,155Weekly cost
$122,950Land 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.

93%mortgage
Mortgage $13,673Property tax $1,015Total carry $14,688

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)
$13,270per month

Mortgage amount $2,399,999 · 4.49% over 25 years

$600,000Down payment (20.0%)
$2,399,999Loan before insurance
$0CMHC premium
$14,285Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,270
Property tax
$1,015
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,285

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

One-time closing costs

Ontario land transfer tax
$61,475
Toronto municipal land transfer tax
$61,475
Estimated closing costs
$122,950

Plus your down payment of $600,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,061/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

$1,581,003Total interest paid
$3,981,002Total of all payments
Principal $2,399,999 Interest $1,581,003
YearPrincipalInterestBalance
1$53,558$105,682$2,346,441
2$55,990$103,251$2,290,452
3$58,532$100,708$2,231,920
4$61,189$98,051$2,170,731
5$63,967$95,273$2,106,764
6$66,872$92,368$2,039,892
7$69,908$89,332$1,969,984
8$73,082$86,158$1,896,901
9$76,400$82,840$1,820,501
10$79,869$79,371$1,740,632
11$83,496$75,744$1,657,136
12$87,287$71,953$1,569,849
13$91,250$67,990$1,478,599
14$95,393$63,847$1,383,206
15$99,724$59,516$1,283,482
16$104,252$54,988$1,179,230
17$108,986$50,255$1,070,245
18$113,934$45,306$956,311
19$119,107$40,133$837,204
20$124,515$34,725$712,689
21$130,168$29,072$582,520
22$136,079$23,162$446,442
23$142,257$16,983$304,185
24$148,716$10,524$155,468
25$155,468$3,772$0

At the end of your 5-year term

Total paid over the term
$796,200
Principal paid down
$293,236
Interest paid
$502,965
Balance remaining
$2,106,764

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$3,150/mo
$37,800Gross annual rent
0.7%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.

1.3%
Gross yield
− Property tax $12,185− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $20,057

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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