85 Letchworth Crescent, Toronto, ON
Downsview-Roding-CFB, Toronto · MLS® W13435898
About this home
85 Letchworth Crescent is a rare detached sidesplit offering approximately 2,300 sq. ft. of above ground living space on a generous lot backing directly onto a private ravine setting. With no rear neighbours and mature greenery behind the property, this is the kind of privacy and natural backdrop that is increasingly difficult to find in the city.The spacious multi level layout provides exceptional flexibility for families of all sizes, while the lower level functions as a self contained suite with its own kitchen, bathroom, and separate entrance, creating excellent income potential or an ideal setup for multi generational living.The expansive backyard offers outstanding outdoor space and presents a compelling opportunity for a future garden suite. With rebuilds becoming increasingly common in the neighbourhood, this property also presents an excellent opportunity for those looking to renovate, expand, or build a custom dream home on a premium lot. There is also an attached garage and a large private driveway with ample parking for family and guests. Located in one of North York's most established and welcoming neighbourhoods, steps to TTC transit and minutes to Highways 400 and 401, Yorkdale Mall, and Humber River Hospital. Whether you are a family seeking space and privacy, an investor looking for rental income and future development potential, or a builder searching for the right lot, this property offers a unique opportunity in a highly desirable location.3D Matterport Tour Available Via Link.
Key facts
- Property type
- Detached, Sidesplit
- MLS®
- W13435898
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 52.5 × 113.33 ft
- Cross streets
- Lexfield/Wilson
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Stucco (Plaster)
- Foundation
- Poured Concrete, Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,743 / 2025
- Days on market
- 36
- Listing brokerage
- REAL ESTATE HOMEWARD
Rooms
porcelain floor · window · walk-out
hardwood floor · window
hardwood floor · large window
hardwood floor · large window
hardwood floor · window
Ceramic Floor
hardwood floor · large window
Window
ceramic floor · window
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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.
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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Worth verifying
- Value driver
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 homes35 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Downsview-Roding-CFB, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,905
- Property tax
- $395
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,300
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,455
- Toronto municipal land transfer tax
- $19,455
- Estimated closing costs
- $38,910
Plus your down payment of $229,800. 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
- $294,312
- Principal paid down
- $117,060
- Interest paid
- $177,251
- Balance remaining
- $802,140
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 REAL ESTATE HOMEWARD. MLS®/PropTx.