56 Cathy Jean Crescent, Toronto, ON
Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13562698
About this home
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
- 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
- 3
- 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, this home is about 34% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Mount Olive-Silverstone-Jamestown, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $709K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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, listed at $1.90M
- Adjusts to $1.90M
That comparable adjusts to $1.90M; the $1.25M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a very walkable address with everyday errands close by. Steeles Av Stop # 3664 is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.25M, median of 5 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 13% below the area average of $735/sqft.
2 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
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.
Getting around
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: Steeles Av Stop # 3664, about 166 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $663,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,543
- Property tax
- $281
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,824
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
- $212,575
- Principal paid down
- $84,550
- Interest paid
- $128,025
- Balance remaining
- $579,370
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.