7 Cherry Post Crescent, Toronto, ON
Markland Wood, Toronto · MLS® W13227484
About this home
Nestled on one of Markland Wood most coveted treelined streets, this exceptional 4 bdrm, 4 level backsplit has been lovingly maintained + thoughtfully updated, offering spacious family living and beautifully landscaped outdoor spaces. Bright and spacious principal rooms feature hardwood flooring, large picture windows and seamless flow between the living and dining areas. The renovated eat-in kitchen boasts sleek cabinetry with soft close, s/s appliances, designer backsplash, abundant storage, custom banquet seating and a walkout to a covered patio. The inviting family room showcases a stone wood-burning fireplace, garden views and walkout access to the private large lot (49 x 112 ft) with mature trees, winding path, and lush landscaping. A dedicated office on the ground level provides flexible work-from-home space, bedroom, side entrance and 3 piece washroom. Ideal for a nanny/teen suite. Upper level includes a spacious primary bedroom with renovated 3 piece ensuite, complemented by additional bdrms and a renovated 5 piece main washroom. Lower levels offers a huge rec room, lots of storage + crawl space. The vibrant Markland Wood Community is renowned for its golf course, outstanding schools. Minutes to highways, shopping centers, airport, and walking distance to TTC and parks.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- W13227484
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 49 × 112 ft
- Cross streets
- West of Mill Rd
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Crawl Space, Finished
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,790 / 2025
- Days on market
- 51
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
hardwood floor · 3 pc ensuite · picture window
porcelain floor · w/o to patio · renovated
hardwood floor · w/w fireplace · w/o to yard
hardwood floor · combined w/dining · picture window
hardwood floor · large closet · picture window
pot lights · cedar closet(s) · window
hardwood floor · combined w/living · open concept
hardwood floor · large closet · picture window
hardwood floor · panelled · picture window
hardwood floor · large closet · picture window
porcelain floor · 3 pc bath · side door
Listed at $1,679,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Markland Wood lately, sellers get about 99% of asking; homes sell in ~20 days.
Total price vs nearby homes. Fair value about $1.57M, median of 36 comparables.
How this estimate is builtthe short version
I take the 36 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.78M, a bit higher.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Silverthorn 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 Markland Wood, so I widened the search to the surrounding area.
Based on 36 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 17% below the area average of $897/sqft.
50 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Markland Wood, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 24, 2026); conventional rates run a little higher.
Mortgage amount $1,343,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,168
- Property tax
- $649
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,817
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,055
- Toronto municipal land transfer tax
- $30,055
- Estimated closing costs
- $60,110
Plus your down payment of $335,800. 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
- $430,069
- Principal paid down
- $171,057
- Interest paid
- $259,012
- Balance remaining
- $1,172,143
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.