31 Frankton Crescent, Toronto, ON
York University Heights, Toronto · MLS® W13564960
About this home
In short
- Welcome to this well-maintained semi-detached backsplit home featuring 4+1 bedrooms, 2 full bathrooms, and a finished basement.
- The finished basement provides extra living space that can be used as a recreation room, family room, home office, guest room, or in-law suite.
- Enjoy the private backyard, perfect for relaxing, gardening, or entertaining family and friends.
- Located in a quiet, family-friendly neighbourhood, the home is close to York University and just a few minutes' walk to public transit at Grandravine Dr. and Keele St.
Welcome to this well-maintained semi-detached backsplit home featuring 4+1 bedrooms, 2 full bathrooms, and a finished basement. It is ideal for families, first-time home buyers, or investors. The home offers a bright and spacious layout with good-sized bedrooms and plenty of natural light. The finished basement provides extra living space that can be used as a recreation room, family room, home office, guest room, or in-law suite. Enjoy the private backyard, perfect for relaxing, gardening, or entertaining family and friends. Located in a quiet, family-friendly neighbourhood, the home is close to York University and just a few minutes' walk to public transit at Grandravine Dr. and Keele St. Several subway stations are also nearby, including York University, Downsview Park, and Sheppard West. This home offers great convenience, space, and value for families or investors. Don't miss this great opportunity to own a spacious home in a desirable location!
Key facts
- Property type
- Semi-Detached, Backsplit 3
- MLS®
- W13564960
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 32.25 × 119.9 ft
- Cross streets
- Keele St and Grandravine Dr
- Parking
- 4 parking
- Driveway
- Available
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,522 / 2025
- Days on market
- 58
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
hardwood floor · closet
hardwood floor · combined w/living
Laminate
hardwood floor · closet
hardwood floor · combined w/dining
hardwood floor · closet
hardwood floor · closet
Laminate
ceramic floor · backsplash
Listed at $899,900 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $886K, typically $838K to $961K. Comparable closings on their own put this home around $854K, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $825K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $886K, median of 49 comparables.
The market behind the math:
About 3 months of inventory: 7 semi-detached homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $692/sqft against an area asking average of $602/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 49 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $825K, a close match.
What the listing highlights3 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Stilecroft Public 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
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in York University Heights, from 75 closings in York University Heights.
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $854K, which is where my estimate comes from.
Per square foot, these ask about $628/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
York University Heights, 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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $719,920 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,881
- Property tax
- $294
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,175
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Toronto municipal land transfer tax
- $14,473
- Estimated closing costs
- $28,946
Plus your down payment of $179,980. 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
- $232,870
- Principal paid down
- $90,608
- Interest paid
- $142,263
- Balance remaining
- $629,312
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 8 whole-home leases in York University Heights signed at a median of $2,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,552. 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.