23 Ravensbourne Crescent, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13156864
About this home
Beautifully maintained bungalow on a premium 80' X 123' lot in the highly sought-after Princess Anne Manor. Offering an attached double garage and approximately 4,500 sq ft of finished living space across the main and lower levels, this spacious home features generous principal rooms and an exceptional layout for both everyday living and entertaining. The main floor includes a large formal living room with fireplace and bay window, separate dining room, bright family room with built-ins, and a spacious eat-in kitchen with abundant cabinetry and walkout to the covered terrace overlooking the private backyard. The bedroom wing offers 3 well-sized bedrooms, including a primary suite with walk-in closet and ensuite bath. The finished lower level provides additional living space with a large recreation room featuring a fireplace and wet bar, separate games room with built-ins, 2 additional bedrooms, oversized laundry room, cedar closet, and multiple storage and utility rooms. Separate walk-up from the lower level offers excellent flexibility for extended family or guest accommodations. Private backyard with mature landscaping and covered terrace. Ideally located close to top-rated schools, parks, prestigious golf clubs, transit, major highways, and only minutes to the airport in one of Etobicoke's most established family communities.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13156864
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 80 × 123 ft
- Cross streets
- Princess Margaret/Islington Ave
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $10,384 / 2025
- Days on market
- 57
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
pot lights · fireplace · bay window
laminate · double sink · walk-out
hardwood floor · window · closet
separate room · crown moulding · window
laminate · double closet · above grade window
b/i bookcase · large window · combined w/kitchen
eat-in kitchen · b/i appliances · w/o to sundeck
broadloom · fireplace · wet bar
broadloom · b/i bookcase · above grade window
hardwood floor · walk-in closet(s) · 3 pc ensuite
hardwood floor · window · closet
laminate · closet · above grade window
Listed at $2,198,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.53M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $2.80M
- Bathrooms −$15K
- Adjusts to $2.78M
That comparable adjusts to $2.78M; the $2.17M estimate above is the median of all 21 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.
On schools, this address is zoned for John G Althouse Middle School, 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.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Islington Ave at Princess Margaret Blvd South Side is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $2.17M, median of 21 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 6% below the area average of $1,041/sqft.
56 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Princess-Rosethorn, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA 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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Islington Ave at Princess Margaret Blvd South Side, about 306 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,758,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,383
- Property tax
- $865
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,249
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,425
- Toronto municipal land transfer tax
- $41,425
- Estimated closing costs
- $82,850
Plus your down payment of $439,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $563,009
- Principal paid down
- $223,933
- Interest paid
- $339,076
- Balance remaining
- $1,534,467
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.