27 Cedarcrest Drive, Toronto, ON

Kingsway South, Toronto · MLS® W13084154

$1,499,000
For Sale
Listed 75 days ago
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4Bedrooms
2Bathrooms
1Garage · 4 parking
1100-1500Sq Ft

About this home

Located in the very desirable and family-friendly Allanbrooke Gardens area in the sought after Kingsway South neighbourhood, this pleasant and roomy bungalow on a 40 ft x 125 ft lot has been nicely updated. The spacious open concept main floor living room & dining room has a large window overlooking the tree-lined street, and is perfect for hosting large family and friend gatherings. The bright kitchen is highlighted by a breakfast area with seating. There are 3 airy & ample sized bedrooms on the main floor. A separate side entrance to the finished lower level provides potential for an in-law or guest suite and features an expansive recreational room with a gas fireplace, a big bedroom, and bathroom. The large fenced backyard is surrounded by mature trees including a beautiful cherry tree, and a nice garden shed. There is lots of parking in the long private interlocking driveway plus the large garage. This nice home is in a prime setting near the trails of Tom Riley Park, the Memorial Pool & Health Club, golf clubs, and shopping. And steps to Humbertown Park, Donnybrook Park, top-rated schools, and the TTC with quick access to the Royal York subway station and the shops, restaurants & cafes on Bloor Street.

Key facts

Property type
Detached, Bungalow
MLS®
W13084154
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
40 × 125 ft
Cross streets
South of Dundas Street West / West of Royal York Road
Parking
1 garage · 4 parking (detached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,594 / 2026
Days on market
75
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Bedroom 3Main3.56 × 2.74 m

closet · overlooks backyard · window

Primary BedroomMain3.71 × 3.07 m

closet · overlooks backyard · window

Bedroom 4Lower4.88 × 3.12 m

separate room · overlooks backyard · closet

Living RoomMain3.35 × 4.78 m

b/i bookcase · overlooks dining · overlooks frontyard

Dining RoomMain2.54 × 3.58 m

open concept · overlooks living · window

RecreationLower8.43 × 3.12 m

gas fireplace · pot lights · window

KitchenMain4.45 × 3.05 m

breakfast bar · overlooks dining · window

Bedroom 2Main2.79 × 3.61 m

closet · south view · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.25Mest. value

Listed at $1,499,000, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,153/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.20M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.20M
  • Bedrooms +$30K
  • Adjusts to $1.23M

That comparable adjusts to $1.23M; the $1.25M estimate above is the median of all 15 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1.23MGreat deal$1.50MOverpriced

Total price vs nearby homes. Fair value about $1.25M, median of 15 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.36Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

20 Tayrow Road$900k215 Honiton Street$1.57M145 Parkview Avenue$1.20M44 Transwell Avenue$1.75M

The 4 closest active listings nearby.

See all comparable homes
1.50MThis home900k1.57M1.20M1.75MThis home vs active comparables
Live market pulseActive comparables in Kingsway South · median list $2.32M
$1,153this home / sqft
14active listings nearby
75days on market

This home lists 3% below the area average of $1,193/sqft.

73 days longer than the Toronto average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kingsway South, 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.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alderwood
$998K
Downsview-Roding-CFB
$1.15M
Lawrence Park South
$2.27M
Bedford Park-Nortown
$3.35M
High Park-Swansea
$3.00M

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 Islington Junior Middle School
66%
Islington Junior Middle SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 66% meet the provincial standard

Affordability & Mortgage

Affordability
$6,832/mo
$277KIncome needed
5.4×Price ÷ income
$1,577Weekly cost
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.

94%mortgage
Mortgage $6,832Property tax $466Total carry $7,298

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$6,866Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$466
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,866

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

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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
1.2%Est. cap rate

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.

1.8%
Gross yield
− Property tax $5,594− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,570

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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