39 Madron Crescent, Toronto, ON

York University Heights, Toronto · MLS® W13572330

$965,000
For Sale
Listed 1 day ago
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4Bedrooms
2Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Welcome to this spacious all-brick 2-storey home, ideally situated on a quiet, family-friendly crescent in the highly sought-after University Heights neighbourhood. Offering a thoughtfully designed layout, this 4-bedroom residence features a welcoming open foyer, expansive living and dining rooms, a functional kitchen with a bright breakfast area, and a large sunroom with walk-out access to the private backyard. Set on a generous lot backing onto a park, this home offers exceptional privacy and a peaceful setting. Its stately curb appeal is complemented by an oversized driveway and an attached 2-car garage, providing ample parking and convenience. A rare opportunity to own a substantial family home in a prime location, this property presents outstanding value and endless potential to renovate and customize to your own style and vision. Close to schools, parks, public transit, shopping, and York University, this is an opportunity you won't want to miss. Opportunity knocks!!!

Key facts

Property type
Detached, 2-Storey
MLS®
W13572330
Bedrooms
4
Bathrooms
2 (1 half)
Size
1500-2000
Lot
44 × 103.11 ft
Cross streets
Keele & Finch
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,615 / 2025
Days on market
1
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomSecond4.22 × 3.28 m

hardwood floor · double closet

Living RoomGround5.08 × 3.63 m

hardwood floor · large window · crown moulding

Bedroom 4Second3.02 × 2.79 m

hardwood floor · b/i closet

Dining RoomGround3.66 × 2.74 m

hardwood floor · l-shaped room · crown moulding

Bedroom 2Second3.35 × 3.05 m

hardwood floor · b/i closet

SunroomGround5.31 × 3.05 m

vinyl floor · separate room · w/o to garden

Bedroom 3Second3.18 × 2.75 m

hardwood floor · b/i closet

RecreationBasement5.16 × 3.63 m

broadloom · b/i shelves

Utility RoomBasement3.02 × 2.49 m

window · separate room

KitchenGround4.32 × 3.35 m

tile floor · breakfast area

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.24Mest. value

Listed at $965,000, this home is about 22% 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 York University Heights, so I widened the search to the surrounding area.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.01M, a bit lower. 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 $1000K
  • Bathrooms −$15K
  • Adjusts to $985K

That comparable adjusts to $985K; the $1.24M estimate above is the median of all 10 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 Elia Middle 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. Sentinel Rd at Hucknall Rd is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$965KGreat deal$1.92MOverpriced

Total price vs nearby homes. Fair value about $1.24M, median of 10 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$879kavg asking

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

21 Mahoney Avenue$879k103 Ambercroft Boulevard$1000k554 Mclevin Avenue$798k107 Twenty Fourth Street$939k31 Griffen Drive$778k

The 5 closest of 8 active listings nearby.

See all comparable homes
965kThis home879k1000k798k939k778kThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $1.22M
$551this home / sqft
8active listings nearby
1days on market

This home lists 29% below the area average of $775/sqft.

0 days faster than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

York University Heights, 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

81/ 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: Sentinel Rd at Hucknall Rd, about 327 m away

20+ transit stops5 grocery20+ dining17 parks12 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Wexford-Maryvale
$865K

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 Derrydown Public School
34%
Derrydown Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 34% meet the provincial standard

Affordability & Mortgage

Affordability
$4,398/mo
$183KIncome needed
5.3×Price ÷ income
$1,015Weekly 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.

92%mortgage
Mortgage $4,398Property tax $385Total carry $4,783

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)
$4,120per month

Mortgage amount $772,000 · 4.14% over 25 years

$193,000Down payment (20.0%)
$772,000Loan before insurance
$0CMHC premium
$4,504Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,120
Property tax
$385
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,504

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

One-time closing costs

Ontario land transfer tax
$15,775
Toronto municipal land transfer tax
$15,775
Estimated closing costs
$31,550

Plus your down payment of $193,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,004/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

$463,904Total interest paid
$1,235,904Total of all payments
Principal $772,000 Interest $463,904
YearPrincipalInterestBalance
1$18,085$31,351$753,915
2$18,842$30,594$735,073
3$19,630$29,806$715,443
4$20,451$28,985$694,992
5$21,306$28,130$673,686
6$22,198$27,239$651,488
7$23,126$26,310$628,362
8$24,093$25,343$604,268
9$25,101$24,335$579,167
10$26,151$23,285$553,016
11$27,245$22,191$525,771
12$28,385$21,051$497,386
13$29,572$19,864$467,814
14$30,809$18,627$437,005
15$32,098$17,339$404,908
16$33,440$15,996$371,467
17$34,839$14,597$336,628
18$36,296$13,140$300,332
19$37,814$11,622$262,518
20$39,396$10,040$223,122
21$41,044$8,392$182,078
22$42,761$6,675$139,317
23$44,549$4,887$94,767
24$46,413$3,023$48,354
25$48,354$1,082$0

At the end of your 5-year term

Total paid over the term
$247,181
Principal paid down
$98,314
Interest paid
$148,866
Balance remaining
$673,686

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
2.9%Est. cap rate

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.

3.9%
Gross yield
− Property tax $4,615− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,627

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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