56 Cathy Jean Crescent, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13562698

$829,900
For Sale
Listed 97 days agoNo offer date statedSitting longer than typical
3Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 56 Cathy Jean Crescent, a beautifully maintained 3 bedroom detached home situated on a premium corner lot with a larger yard than most homes in the...
  • The second level features hardwood flooring throughout all bedrooms, while the updated main bathroom showcases a modern walk in glass shower.
  • The finished basement offers additional living space that's perfect for a recreation room, home office, gym, or children's play area.
  • The premium corner lot provides added curb appeal and outdoor space rarely found in the area.
  • Ideally located close to parks, playgrounds, schools, shopping, restaurants, transit, and major highways, this move in ready home offers the perfect combination of...

Welcome to 56 Cathy Jean Crescent, a beautifully maintained 3 bedroom detached home situated on a premium corner lot with a larger yard than most homes in the neighbourhood. Backing directly onto a park with no rear neighbours, this property offers exceptional privacy, an abundance of outdoor space, and a peaceful green setting that's perfect for families.Inside, you'll find bright, spacious living areas with a functional layout designed for comfortable everyday living. The second level features hardwood flooring throughout all bedrooms, while the updated main bathroom showcases a modern walk in glass shower. The finished basement offers additional living space that's perfect for a recreation room, home office, gym, or children's play area.Step outside to enjoy the oversized, fully fenced backyard surrounded by mature cedar hedges, creating a private retreat for entertaining, gardening, or relaxing. The premium corner lot provides added curb appeal and outdoor space rarely found in the area.Ideally located close to parks, playgrounds, schools, shopping, restaurants, transit, and major highways, this move in ready home offers the perfect combination of comfort, convenience, and privacy. An excellent opportunity for first time buyers, growing families, or anyone looking for a detached home on a premium lot in a welcoming neighbourhood.

Key facts

Property type
Detached, 2-Storey
MLS®
W13562698
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
43.51 × 91.91 ft
Cross streets
Steeles Ave W/Kipling Ave
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,369 / 2026
Days on market
97
Listing brokerage
RIGHT AT HOME REALTY

Rooms

BreakfastMain3.05 × 2.15 m

vinyl floor · w/o to patio

BedroomMain3.11 × 3.32 m

parquet · window · combined w/living

Bedroom 3Second4.06 × 2.37 m

hardwood floor · window · closet

Living RoomMain4.39 × 3.32 m

parquet · large window · combined w/dining

Bedroom 2Second3.89 × 3.05 m

hardwood floor · window · closet

RecreationBasement7.20 × 5.11 m

vinyl floor · window · fireplace

BathroomSecond3.89 × 1.56 m

tile floor · separate shower · 3 pc bath

KitchenMain2.40 × 2.17 m

vinyl floor · stainless steel appl · backsplash

Powder RoomMain1.56 × 1.21 m

tile floor · 2 pc bath

Primary BedroomSecond4.06 × 4.00 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$803Klikely sale price

Listed at $829,900. Going by how homes in Mount Olive-Silverstone-Jamestown and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $803K, if it sells. A realistic range is $752K to $905K.

Independent value check: $728K. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $682K and $763K).

Why $728K. The typical detached home sold in Mount Olive-Silverstone-Jamestown over the past year went for about $895K (33 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $3,369 a year; the typical home sold here pays about $3,600.
  • ▼ Lowers it3 bedrooms and 2 baths, against 3+1 and 3 typically.

Longer on the market than typical. 97 days on the market against about 48 for homes like it here, and asking 14% above where comparable closings put it.

List price
$752KBelow recent closings$905KAbove recent closings

Total price vs nearby homes. Likely closing about $803K, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$895Kmedian sold price
95%of asking, on average
−10%prices vs a year ago
~41 dayshomes like this take to sell
97days on market so far
$2,818/moest. rent · 13 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 9 detached homes for sale in the area against 11 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 $638/sqft against an area asking average of $687/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $733K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • 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
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is John D Parker Junior 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

Priced above comparable homes overall, but the price per square foot ($638/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Mount Olive-Silverstone-Jamestown, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Mount Olive-Silverstone-Jamestown over the past two years, from 64 closings there.

What sellers nearby are askingCurrently listed nearby in Mount Olive-Silverstone-Jamestown · asking prices
$926kavg asking

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

Per square foot, these ask about $713/sqft; this home lists at $638/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
830kThis home880k899k1000kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Mount Olive-Silverstone-Jamestown, 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.

Islington-City Centre West
$1.54M
Stonegate-Queensway
$2.25M
Willowdale East
$2.19M
St. Andrew-Windfields
$4.10M
Dovercourt-Wallace Emerson-Junction
$1.25M

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 John D Parker Junior School
72%
John D Parker Junior SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
North Kipling Junior Middle School · Public elementary1.0 km · 49% at standard
Venerable John Merlini Catholic School · Catholic elementary1.1 km · 82% at standard
Claireville Junior School · Public elementary1.2 km · 53% at standard
Msgr John Corrigan Catholic School · Catholic elementary1.2 km · 73% at standard
Highfield Junior School · Public elementary1.4 km · 58% at standard
St Andrew Catholic School · Catholic elementary1.7 km · 56% at standard
Melody Village Junior School · Public elementary2.2 km · 64% at standard
St Roch Catholic School · Catholic elementary2.2 km · 65% at standard
Beaumonde Heights Junior Middle School · Public elementary2.3 km · 70% at standard
Elmbank Junior Middle Academy · Public elementary2.4 km · 48% at standard
Father Henry Carr Catholic Secondary School · Catholic secondary2.4 km · 62% at standard
Humber Summit Middle School · Public elementary2.5 km · 59% at standard

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

Affordability & Mortgage

Affordability
$3,782/mo
$156KIncome needed
5.3×Price ÷ income
$873Weekly cost
$26,146Land 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 $3,782Property tax $281Total carry $4,063

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,671per month

Mortgage amount $663,920 · 4.49% over 25 years

$165,980Down payment (20.0%)
$663,920Loan before insurance
$0CMHC premium
$3,952Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$281
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,952

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

One-time closing costs

Ontario land transfer tax
$13,073
Toronto municipal land transfer tax
$13,073
Estimated closing costs
$26,146

Plus your down payment of $165,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,443/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

$437,358Total interest paid
$1,101,278Total of all payments
Principal $663,920 Interest $437,358
YearPrincipalInterestBalance
1$14,816$29,235$649,104
2$15,489$28,563$633,616
3$16,192$27,859$617,424
4$16,927$27,124$600,497
5$17,696$26,356$582,801
6$18,499$25,552$564,302
7$19,339$24,712$544,963
8$20,217$23,834$524,746
9$21,135$22,916$503,611
10$22,095$21,957$481,517
11$23,098$20,953$458,419
12$24,146$19,905$434,273
13$25,243$18,808$409,030
14$26,389$17,662$382,641
15$27,587$16,464$355,054
16$28,840$15,212$326,214
17$30,149$13,902$296,065
18$31,518$12,533$264,547
19$32,949$11,102$231,599
20$34,445$9,606$197,154
21$36,009$8,042$161,145
22$37,644$6,407$123,501
23$39,353$4,698$84,148
24$41,140$2,911$43,008
25$43,008$1,043$0

At the end of your 5-year term

Total paid over the term
$220,256
Principal paid down
$81,119
Interest paid
$139,137
Balance remaining
$582,801

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 13 whole-home leases in Mount Olive-Silverstone-Jamestown$2,818/mo
$33,816Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,677 to $2,959Typical rent range

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 13 whole-home leases in Mount Olive-Silverstone-Jamestown signed at a median of $2,799 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,818. 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.

4.1%
Gross yield
− Property tax $3,369− Insurance $1,400− Vacancy & upkeep $3,720Net operating income $25,328

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

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