5 Erinlea Crescent, Toronto, ON

Woburn, Toronto · MLS® E14085812

$699,900
For Sale
Listed 3 days agoNo offer date stated
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4Bedrooms
2Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this meticulously maintained 4-bedroom family home in the established North Bendale Community of Woburn.
  • Step outside to your private backyard oasis, offering a peaceful setting for summer BBQs, entertaining friends or simply enjoying a little quiet time.

Welcome to this meticulously maintained 4-bedroom family home in the established North Bendale Community of Woburn! Lovingly cared for with true pride of ownership, this solid home offers a wonderful opportunity to move in and enjoy today while adding your own personal touches overtime. The functional main-floor layout is designed with family living in mind, featuring a bright kitchen overlooking the cozy family room with fireplace, the perfect place to unwind at the end of the day. Step outside to your private backyard oasis, offering a peaceful setting for summer BBQs, entertaining friends or simply enjoying a little quiet time. Featuring four well-proportioned bedrooms and many of the home's original components in remarkably well-maintained condition, this is a fantastic opportunity for buyers looking for a quality family home with plenty of potential to make it their own. Located in an established, family-friendly neighbourhood with convenient access to schools, parks, shopping, transit and everyday amenities. Buy with confidence - a pre-listing home inspection is available for review. A wonderful home, a great neighbourhood and an opportunity to make it your own. Welcome Home!

Key facts

Property type
Detached, Backsplit 3
MLS®
E14085812
Bedrooms
4
Bathrooms
2 (1 half)
Size
1500-2000 sq ft
Lot
56 × 117 ft
Cross streets
McCowan & Brimorton
Parking
1 garage · 3 parking (attached)
Driveway
Available
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,494 / 2025
Days on market
3
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Upper3.88 × 3.01 m

large closet · large window · broadloom

Bedroom 2Upper2.85 × 2.78 m

large closet · large window · broadloom

Family RoomLower6.42 × 2.71 m

fireplace · walk-out · broadloom

Dining RoomMain6.76 × 4.24 m

combined w/living · large window · broadloom

Living RoomMain6.76 × 4.24 m

combined w/dining · large window · broadloom

KitchenMain5.23 × 4.24 m

large window · overlooks family · ceramic floor

Primary BedroomUpper4.24 × 3.06 m

large closet · large window · broadloom

Bedroom 4Lower3.00 × 2.91 m

large closet · large window · hardwood floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$695Klikely sale price

Listed at $699,900. Going by how homes in Woburn and the wider GTA have actually closed against their asking prices (about 99%, 38 local closings in 90 days), the likely sale price is near $695K, if it sells. A realistic range is $651K to $784K.

Independent value check: $837K. Without looking at the asking price, our model values the home itself about 20% above the ask (homes like it typically land between $784K and $877K).

Why $837K. The typical detached home sold in Woburn over the past year went for about $876K (151 sales). What sets this one apart:

  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,494 a year; the typical home sold here pays about $4,200.
List price
$651KBelow recent closings$784KAbove recent closings

Total price vs nearby homes. Likely closing about $695K, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$865Kmedian sold price
101%of asking, on average
−6%prices vs a year ago
~14 dayshomes like this take to sell
3days on market so far
$3,647/moest. rent · 37 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 44 detached homes for sale in the area against 38 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 $400/sqft against an area asking average of $743/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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $861K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Woburn Collegiate Institute. 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

There were not many closely comparable homes right in Woburn, so I widened the search to the surrounding area.

Based on 38 comparable homes that sold in Woburn over the past two years, from 305 closings there.

What sellers nearby are askingCurrently listed nearby in Woburn · asking prices
$895kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $837K, which is where my estimate comes from.

Per square foot, these ask about $647/sqft; this home lists at $400/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
700kThis home800k878k1.05M949k799kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Woburn: $860K in September 2026, up 2% from a year ago, on 142 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$828K16
November 2025$869K18
December 2025$901K9
February 2026$839K11
March 2026$878K10
April 2026$838K12
May 2026$840K15
June 2026$834K12
July 2026$895K11
August 2026$890K16
September 2026$860K12

Neighbourhood & location

Woburn, 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
Cliffcrest
$799K
Wexford-Maryvale
$849K
Rouge E11
$1.15M
Steeles
$1.20M

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 North Bendale Public School
64%
North Bendale Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bendale Junior Public School · Public elementary0.6 km · 62% at standard
Tredway Woodsworth Public School · Public elementary0.7 km · 60% at standard
Bellmere Junior Public School · Public elementary0.7 km · 65% at standard
St Andrews Public School · Public elementary1.0 km · 77% at standard
St Rose of Lima Catholic School · Catholic elementary1.2 km · 73% at standard
St Victor Catholic School · Catholic elementary1.3 km · 74% at standard
Churchill Heights Public School · Public elementary1.6 km · 78% at standard
Woburn Junior Public School · Public elementary1.8 km · 67% at standard
St Thomas More Catholic School · Catholic elementary1.8 km · 74% at standard
Edgewood Public School · Public elementary1.9 km · 36% at standard
Cedarbrae Collegiate Institute · Public secondary1.9 km · 56% at standard
Donwood Park Public School · Public elementary2.0 km · 57% at standard

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

Affordability & Mortgage

Affordability
$3,190/mo
$137KIncome needed
5.1×Price ÷ income
$736Weekly cost
$20,946Land 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.

89%mortgage
Mortgage $3,190Property tax $375Total carry $3,564

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)
$3,096per month

Mortgage amount $559,920 · 4.49% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$3,470Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,470

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

One-time closing costs

Ontario land transfer tax
$10,473
Toronto municipal land transfer tax
$10,473
Estimated closing costs
$20,946

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,747/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

$368,848Total interest paid
$928,768Total of all payments
Principal $559,920 Interest $368,848
YearPrincipalInterestBalance
1$12,495$24,656$547,425
2$13,062$24,088$534,363
3$13,655$23,495$520,707
4$14,275$22,875$506,432
5$14,924$22,227$491,508
6$15,601$21,550$475,907
7$16,310$20,841$459,597
8$17,050$20,101$442,547
9$17,824$19,327$424,723
10$18,634$18,517$406,090
11$19,480$17,671$386,610
12$20,364$16,787$366,246
13$21,289$15,862$344,957
14$22,255$14,896$322,702
15$23,266$13,885$299,437
16$24,322$12,829$275,114
17$25,426$11,724$249,688
18$26,581$10,570$223,107
19$27,788$9,363$195,320
20$29,049$8,101$166,270
21$30,368$6,782$135,902
22$31,747$5,404$104,155
23$33,189$3,962$70,966
24$34,695$2,455$36,271
25$36,271$880$0

At the end of your 5-year term

Total paid over the term
$185,754
Principal paid down
$68,412
Interest paid
$117,342
Balance remaining
$491,508

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 37 whole-home leases in Woburn$3,647/mo
$43,764Gross annual rent
4.7%Cap rate after taxes and upkeep
$3,427 to $3,875Typical rent range
~22 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 37 whole-home leases in Woburn signed at a median of $3,049 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,647. 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.

6.3%
Gross yield
− Property tax $4,494− Insurance $1,400− Vacancy & upkeep $4,814Net operating income $33,056

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

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