56 Cathy Jean Crescent, Toronto, ON
Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13562698
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
vinyl floor · w/o to patio
parquet · window · combined w/living
hardwood floor · window · closet
parquet · large window · combined w/dining
hardwood floor · window · closet
vinyl floor · window · fireplace
tile floor · separate shower · 3 pc bath
vinyl floor · stainless steel appl · backsplash
tile floor · 2 pc bath
hardwood floor · window · closet
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.
Total price vs nearby homes. Likely closing about $803K, from 11 recent closings in this pocket.
The market behind the math:
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.
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.
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 homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Mount Olive-Silverstone-Jamestown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $663,920 · 4.49% over 25 years
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
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
- $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.
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 numbersThe 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.