29 Fulwell Crescent, Toronto, ON

York University Heights, Toronto · MLS® W13438398

$1,139,000
For Sale
Listed 88 days agoNo offer date statedPrice drop likely
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3+2Bedrooms
3Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Solid Brick Detached Home On A Premium Double, Pool-Sized Lot.
  • Functional Layout With Spacious Principal Rooms And Hardwood Floors Throughout.
  • Separate Entrance To Basement, Offering Excellent Potential For Additional Income Or In-Law Suite.
  • Large Front And Backyard Provide Excellent Space For Gardening, Entertaining, Or Future Pool Potential.
  • Located On A Quiet, Family-Friendly Street, Just Steps To A Scenic Ravine-Perfect For Nature Walks And Pet Owners.

Solid Brick Detached Home On A Premium Double, Pool-Sized Lot! Well Maintained And Move-In Ready, Offering 3+2 Bedrooms And 3 Bathrooms-Ideal For Growing Families Or Multi-Generational Living. Functional Layout With Spacious Principal Rooms And Hardwood Floors Throughout. Quality Built Home With Pride Of Ownership. Separate Entrance To Basement, Offering Excellent Potential For Additional Income Or In-Law Suite. Double Car Garage With Ample Driveway Parking. Large Front And Backyard Provide Excellent Space For Gardening, Entertaining, Or Future Pool Potential. Located On A Quiet, Family-Friendly Street, Just Steps To A Scenic Ravine-Perfect For Nature Walks And Pet Owners. Close To Parks, Schools, And Amenities. Great Opportunity To Own A Solid Home On A Generous Lot With Potential To Customize To Your Taste.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13438398
Bedrooms
3+2 (5 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
55.77 × 121.04 ft
Cross streets
Keele/Sheppard Ave
Parking
2 garage · 4 parking (attached)
Driveway
Available
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,336 / 2025
Days on market
88
Listing brokerage
RE/MAX WEST REALTY INC.
Our TakeTeam Asgarian · Broker
Room to negotiate
$1.05Mest. value

Listed at $1,139,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.05M, typically $991K to $1.13M. Comparable closings on their own put this home around $853K, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

A price cut is the likelier next move. 88 days on the market against about 32 for homes like it here, and asking 8% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

Second read, from the city assessment: $817K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$991KBelow recent closings$1.14MAbove recent closings

Total price vs nearby homes. Fair value about $1.05M, median of 29 comparables.

The market behind the math:

12sold nearby · 90 days
$1.06Mmedian sold price
96%of asking, on average
−10%prices vs a year ago
~32 dayshomes like this take to sell
88days on market so far
$3,144/moest. rent · 6 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 7 detached homes for sale in the area against 12 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 $876/sqft against an area asking average of $717/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In York University Heights basements rarely rent out (3 of 17 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 29 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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 $817K, lower than the comparables and worth a second look.

What the listing highlights5 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Lamberton Public School. 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 York University Heights, so I widened the search to the surrounding area.

Based on 29 comparable homes that sold in York University Heights over the past two years, from 54 closings there.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$1.24Mavg 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 $853K, which is where my estimate comes from.

Per square foot, these ask about $808/sqft; this home lists at $876/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.14MThis home1.25M1.19M1.30M1.05M1.40MThis home vs active comparables

Neighbourhood & location

York University Heights, 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.

Newtonbrook West
$2.01M
Bedford Park-Nortown
$3.50M
Princess-Rosethorn
$2.10M
Mount Pleasant East
$2.42M
Bridle Path-Sunnybrook-York Mills
$4.90M

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 Lamberton Public School
63%
Lamberton Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 63% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oakdale Park Middle School · Public elementary0.7 km · 55% at standard
Topcliff Public School · Public elementary0.7 km · 34% at standard
Yorkwoods Public School · Public elementary0.7 km · 16% at standard
St. Margherita of Cittá di Castello Catholic School · Catholic elementary0.9 km · 75% at standard
Stilecroft Public School · Public elementary0.9 km · 60% at standard
St Martha Catholic School · Catholic elementary1.1 km · 58% at standard
St Jane Frances Catholic School · Catholic elementary1.2 km · 47% at standard
St Francis de Sales Catholic School · Catholic elementary1.2 km · 38% at standard
Firgrove Public School · Public elementary1.2 km · 55% at standard
Derrydown Public School · Public elementary1.3 km · 34% at standard
St Jerome Catholic School · Catholic elementary1.3 km · 66% at standard
Calico Public School · Public elementary1.4 km · 28% at standard

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

Affordability & Mortgage

Affordability
$5,191/mo
$212KIncome needed
5.4×Price ÷ income
$1,198Weekly cost
$38,510Land 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.

93%mortgage
Mortgage $5,191Property tax $361Total carry $5,553

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,912per month

Mortgage amount $911,200 · 4.24% over 25 years

$227,800Down payment (20.0%)
$911,200Loan before insurance
$0CMHC premium
$5,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,912
Property tax
$361
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,274

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

One-time closing costs

Ontario land transfer tax
$19,255
Toronto municipal land transfer tax
$19,255
Estimated closing costs
$38,510

Plus your down payment of $227,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,961/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

$562,514Total interest paid
$1,473,714Total of all payments
Principal $911,200 Interest $562,514
YearPrincipalInterestBalance
1$21,053$37,895$890,147
2$21,955$36,993$868,192
3$22,896$36,053$845,296
4$23,877$35,072$821,419
5$24,900$34,048$796,518
6$25,967$32,981$770,551
7$27,080$31,869$743,471
8$28,240$30,708$715,231
9$29,450$29,498$685,781
10$30,712$28,236$655,069
11$32,028$26,920$623,041
12$33,401$25,548$589,640
13$34,832$24,117$554,808
14$36,324$22,624$518,484
15$37,881$21,068$480,603
16$39,504$19,445$441,099
17$41,197$17,752$399,903
18$42,962$15,987$356,941
19$44,803$14,146$312,138
20$46,723$12,226$265,415
21$48,725$10,224$216,691
22$50,812$8,136$165,878
23$52,990$5,959$112,888
24$55,260$3,688$57,628
25$57,628$1,320$0

At the end of your 5-year term

Total paid over the term
$294,743
Principal paid down
$114,682
Interest paid
$180,061
Balance remaining
$796,518

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 6 whole-home leases in York University Heights$3,144/mo
$37,728Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,525 to $3,600Typical rent range

About the suite: in York University Heights basements rarely rent out (3 of 17 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 6 whole-home leases in York University Heights signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,144. 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.

3.3%
Gross yield
− Property tax $4,336− Insurance $1,400− Vacancy & upkeep $4,150Net operating income $27,842

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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