8 Richgrove Drive, Toronto, ON

Willowridge-Martingrove-Richview, Toronto · MLS® W13546522

$849,000
For Sale
Listed 8 days ago
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4Bedrooms
2Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Large Semi-Detached,4 Bedroom,5-level backsplit with 2 Full bathrooms,perfect layout for a large family,First-Time Buyers or Renovators. Same owners for 38 years. This home has four entrances and is just waiting for the right family.Conveniently Situated Just Minutes From Pearson Airport, Highways 401 And 409, Etobicoke North GO Station,two minute walk to Bus spot. Nearby Parks And Schools.

Key facts

Property type
Semi-Detached, Backsplit 5
MLS®
W13546522
Bedrooms
4
Bathrooms
2
Size
1500-2000
Lot
30 × 120 ft
Cross streets
Eglinton /Martin Grove
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
Separate Entrance
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,320 / 2026
Days on market
8
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Living RoomMain4.50 × 3.70 m

hardwood floor · combined w/dining

Bedroom 3Upper2.57 × 2.57 m
LaundrySub-Basement6.64 × 2.84 m
Dining RoomMain3.07 × 2.80 m

hardwood floor · combined w/living

Bedroom 5Lower4.88 × 2.83 m

Hardwood Floor

RecreationSub-Basement6.60 × 3.73 m
Primary BedroomUpper4.39 × 3.12 m

Hardwood Floor

Bedroom 2Upper3.63 × 3.29 m

Hardwood Floor

KitchenMain6.03 × 3.00 m

ceramic floor · breakfast area

Family RoomLower6.04 × 3.91 m

Hardwood Floor

Common RoomBasement4.07 × 3.25 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

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.

The assigned public school is Parkfield Junior 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 very walkable address with everyday errands close by. Martin Grove Rd at Richgrove Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$853kavg asking

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

12 Anchor Drive$918k32 Firenza Drive$889k21 Buckland Road$800k33 Elise Terrace$940k25 Whiteleas Avenue$719k

The 5 closest of 8 active listings nearby.

See all comparable homes
849kThis home918k889k800k940k719kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1000K
$485this home / sqft
65active listings nearby
8days on market

This home lists 39% below the area average of $801/sqft.

4 days longer than the Toronto average (4 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

71/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Martin Grove Rd at Richgrove Dr, about 40 m away

20+ transit stops2 grocery12 dining12 parks4 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.

Glenfield-Jane Heights
$879K
Corso Italia-Davenport
$951K
York University Heights
$920K
Palmerston-Little Italy
$1000K
Mount Pleasant East
$1.28M

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 Parkfield Junior School
70%
Parkfield Junior SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$3,869/mo
$162KIncome needed
5.2×Price ÷ income
$893Weekly 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.

91%mortgage
Mortgage $3,869Property tax $360Total carry $4,229

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,624per month

Mortgage amount $679,200 · 4.14% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$3,984Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,624
Property tax
$360
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,984

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

One-time closing costs

Ontario land transfer tax
$13,455
Toronto municipal land transfer tax
$13,455
Estimated closing costs
$26,910

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,402/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

$408,139Total interest paid
$1,087,339Total of all payments
Principal $679,200 Interest $408,139
YearPrincipalInterestBalance
1$15,911$27,582$663,289
2$16,577$26,917$646,712
3$17,270$26,223$629,442
4$17,993$25,501$611,449
5$18,745$24,748$592,704
6$19,529$23,964$573,174
7$20,346$23,147$552,828
8$21,197$22,296$531,631
9$22,084$21,410$509,547
10$23,008$20,486$486,539
11$23,970$19,524$462,569
12$24,973$18,521$437,597
13$26,017$17,476$411,580
14$27,105$16,388$384,474
15$28,239$15,254$356,235
16$29,420$14,073$326,814
17$30,651$12,842$296,163
18$31,933$11,560$264,230
19$33,269$10,225$230,961
20$34,660$8,833$196,301
21$36,110$7,383$160,191
22$37,621$5,873$122,570
23$39,194$4,299$83,376
24$40,834$2,660$42,542
25$42,542$952$0

At the end of your 5-year term

Total paid over the term
$217,468
Principal paid down
$86,496
Interest paid
$130,972
Balance remaining
$592,704

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
3.3%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.5%
Gross yield
− Property tax $4,320− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,922

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

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