33 Waterford Drive, Toronto, ON

Willowridge-Martingrove-Richview, Toronto · MLS® W13440786

$1,425,888
For Sale
Listed 39 days ago
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4Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq Ft
11 schools20+ transit stops16 parks16 restaurantswithin 1.5 km

About this home

Lot 5X153ft!! Ideal home for a buyer looking to purchase in Richview Gardens with access to coveted Father Serra and Richview Collegiate District. Rarely available 4 bedroom home located in front of a park and walking distance to library and pool. Home is tenanted and triple A tenants can stay or go. This home is next door to 141 Summitcrest Dr for someone looking to buy 2 homes next door to each other. Ideal home for a garden suite or potentially a sixplex.

Key facts

Property type
Detached, 2-Storey
MLS®
W13440786
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000
Lot
50 × 153.25 ft
Cross streets
Islington Ave/Eglinton Ave W
Parking
1 garage · 3 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,294 / 2025
Days on market
39
Listing brokerage
SNOBAR REALTY GROUP INC.

Rooms

RecreationBasement8.41 × 8.98 m

laminate · window

Bedroom 4Second3.74 × 2.15 m

hardwood floor · closet · window

Bedroom 3Second3.79 × 3.13 m

hardwood floor · closet · window

Dining RoomMain3.75 × 3.20 m

hardwood floor · window

Furnace RoomBasement3.45 × 4.21 m

Concrete Floor

Living RoomMain5.77 × 3.79 m

hardwood floor · fireplace · window

KitchenMain5.45 × 3.19 m

ceramic floor · eat-in kitchen · w/o to garden

Bedroom 2Second3.23 × 3.03 m

hardwood floor · closet · window

Primary BedroomSecond3.77 × 3.79 m

hardwood floor · 4 pc ensuite · closet

Moe’s TakeTeam Asgarian · Broker
In line
$1.43Mest. value

Listed at $1,425,888, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Willowridge-Martingrove-Richview lately, sellers have been getting about 99% of asking and homes sell in about 21 days.

There were not many closely comparable homes right in Willowridge-Martingrove-Richview, so I widened the search to the surrounding area.

Based on 83 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 83 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.16M, a bit lower.

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, sold for $1.95M
  • Adjusts to $1.95M

That comparable adjusts to $1.95M; the $1.43M estimate above is the median of all 83 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Richview Collegiate Institute. 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. Summitcrest Drive is about a 1-minute walk away. Worth weighing if transit access matters to you.

List price
$1.28MGreat deal$1.61MOverpriced

Total price vs nearby homes. Fair value about $1.43M, median of 83 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.
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.20Mavg asking

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

3 Gillbank Crescent$950k5A Scotia Avenue$949k4 Jean Street$1.50M65 Harding Boulevard$1.63M47 Becca Hall Trail$999k

The 5 closest of 7 active listings nearby.

See all comparable homes
1.43MThis home950k949k1.50M1.63M999kThis home vs active comparables
Live market pulseActive comparables in Willowridge-Martingrove-Richview · median list $1.40M
$815this home / sqft
22active listings nearby
39days on market
99sold nearby · 90 days
$1.40Mmedian sold price
99%of asking, on average

This home lists 10% below the area average of $907/sqft.

38 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Willowridge-Martingrove-Richview, 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

21/ 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 — groceries and transit are a drive away.

🚉 Nearest transit: Summitcrest Drive, about 58 m away

20+ transit stops4 grocery16 dining16 parks6 pharmacies

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.

Rockcliffe-Smythe
$1.10M
Alderwood
$1.50M
Bedford Park-Nortown
$3.76M
Willowdale East
$1.99M
Newtonbrook East
$1.70M

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 Westway Junior School
54%
Westway Junior SchoolPublic · Elementary · 1.1 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$6,499/mo
$264KIncome needed
5.4×Price ÷ income
$1,500Weekly 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 $6,499Property tax $441Total carry $6,940

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,087per month

Mortgage amount $1,140,710 · 4.14% over 25 years

$285,178Down payment (20.0%)
$1,140,710Loan before insurance
$0CMHC premium
$6,528Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,087
Property tax
$441
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,528

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

One-time closing costs

Ontario land transfer tax
$24,993
Toronto municipal land transfer tax
$24,993
Estimated closing costs
$49,986

Plus your down payment of $285,178. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,394/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

$685,466Total interest paid
$1,826,176Total of all payments
Principal $1,140,710 Interest $685,466
YearPrincipalInterestBalance
1$26,723$46,324$1,113,987
2$27,841$45,206$1,086,147
3$29,005$44,042$1,057,142
4$30,218$42,829$1,026,923
5$31,482$41,565$995,441
6$32,799$40,248$962,641
7$34,171$38,876$928,470
8$35,601$37,446$892,869
9$37,090$35,957$855,780
10$38,641$34,406$817,139
11$40,257$32,790$776,881
12$41,941$31,106$734,940
13$43,696$29,351$691,244
14$45,523$27,524$645,721
15$47,428$25,619$598,293
16$49,411$23,636$548,882
17$51,478$21,569$497,404
18$53,631$19,416$443,772
19$55,875$17,172$387,897
20$58,212$14,835$329,685
21$60,647$12,400$269,039
22$63,184$9,863$205,855
23$65,827$7,221$140,028
24$68,580$4,467$71,449
25$71,449$1,599$0

At the end of your 5-year term

Total paid over the term
$365,235
Principal paid down
$145,270
Interest paid
$219,966
Balance remaining
$995,441

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$3,150/mo
$37,800Gross annual rent
1.9%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.

2.7%
Gross yield
− Property tax $5,294− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,948

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

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