31 Queensborough Crescent, Toronto, ON

Willowridge-Martingrove-Richview, Toronto · MLS® W13754796

$1,699,900
For Sale
Listed 41 days agoNo offer date stated
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4+1Bedrooms
3Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About this home

In short

  • One of a kind home on a one of a kind spectacular lot.
  • Walk up the stairs to the main floor and see the beautiful renovated large kitchen with caesarstone counter tops, marble tile backsplash, large breakfast bar...
  • Hardwood Strip flooring in Living room and all bedrooms.
  • Wonderful area to raise a family, quite crescent, amazing schools, steps to Richview High school, library, silver creek park including public outdoor pool & tennis...
  • Close to new subway line, 427,401 and much more This property is Truly one of a kind.

One of a kind home on a one of a kind spectacular lot! Located in the high demand area of Richmond gardens. Come see this beautiful very rare 4 bedroom 3 baths Bungalow home, sitting on almost 1/4 acre lot. Always Feel like living at the cottage while living in the city with the views of mature trees right from your bedroom window. Approx 2674 Sq.Ft of living space, a very unique style 4 bedroom home, with Double door entrance to gleaming porcelain ceramic floors through out ground floor, large foyer, living or family room, office or 5th bedroom, laundry room, 3pc bath & large utility room with lots of storage space and walk out to garage. Walk up the stairs to the main floor and see the beautiful renovated large kitchen with caesarstone counter tops, marble tile backsplash, large breakfast bar, porcelain ceramic floors, stainless Miele b/in appliances, wolf gas stove, pot filler, 2 sinks, extra custom built cabinets, walk out to large stone patio and gorgeous private backyard. Hardwood Strip flooring in Living room and all bedrooms. Large family size Living room with gas fireplace Great curb appeal, extra long driveway with 6 car parking plus 2 car garage. Large stone patio entrance with stone steps leading to backyard. Wonderful area to raise a family, quite crescent, amazing schools, steps to Richview High school, library, silver creek park including public outdoor pool & tennis courts. Richview plaza. Close to new subway line, 427,401 and much more This property is Truly one of a kind! A Must See!

Key facts

Property type
Detached, Bungalow
MLS®
W13754796
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
45 × 156 ft
Cross streets
Islington/ North of Eglinton
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,315 / 2026
Days on market
41
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Bedroom 3Main3.03 × 3.21 m

hardwood floor · closet

Bedroom 2Main3.19 × 4.38 m

hardwood floor · double closet

KitchenMain3.07 × 4.51 m

porcelain floor · stainless steel appl · breakfast bar

Utility RoomGround5.32 × 2.77 m

porcelain floor · b/i closet · w/o to garage

LaundryGround3.01 × 1.68 m

porcelain floor · laundry sink

FoyerGround5.36 × 6.26 m

porcelain floor · open concept

BreakfastMain5.71 × 3.15 m

porcelain floor · family size kitchen · w/o to patio

Living RoomGround6.57 × 4.37 m

porcelain floor · fireplace · window

Family RoomMain5.58 × 5.76 m

hardwood floor · gas fireplace · window

Bedroom 4Main3.12 × 3.20 m

Hardwood Floor

Primary BedroomMain4.58 × 4.42 m

hardwood floor · double closet · 4 pc ensuite

BedroomGround5.05 × 4.43 m

porcelain floor · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.66Mlikely sale price

Listed at $1,699,900. Going by how homes in Willowridge-Martingrove-Richview and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $1.66M, if it sells. A realistic range is $1.55M to $1.87M.

Independent value check: $1.54M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.45M and $1.62M).

Why $1.54M. The typical detached home sold in Willowridge-Martingrove-Richview over the past year went for about $1.20M (109 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,315 a year; the typical home sold here pays about $5,100.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly2 garage and 8 total parking spaces, against 1 and 4 typically.
  • ▲ Raises it slightly4+1 bedrooms and 3 baths, against 3+1 and 2 typically.
List price
$1.55MBelow recent closings$1.87MAbove recent closings

Total price vs nearby homes. Likely closing about $1.66M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.10Mmedian sold price
98%of asking, on average
−12%prices vs a year ago
~14 dayshomes like this take to sell
41days on market so far
$4,987/moest. rent · 15 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 11 detached homes for sale in the area against 16 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 $971/sqft against an area asking average of $950/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Willowridge-Martingrove-Richview: 23 of the 85 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.48M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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
Schools & getting aroundcatchment and transit

The assigned public school is Richview Collegiate Institute. 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 ($971/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 16 comparable homes that sold in Willowridge-Martingrove-Richview over the past two years, from 211 closings there.

What sellers nearby are askingCurrently listed nearby in Willowridge-Martingrove-Richview · asking prices
$1.39Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.54M, which is where my estimate comes from.

Per square foot, these ask about $1,008/sqft; this home lists at $971/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.42M1.35M1.30M1.30M1.60MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Willowridge-Martingrove-Richview: $1.25M in September 2026, down 4% from a year ago, on 110 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.

Month by month
MonthMedian soldClosings
October 2025$1.20M9
November 2025$1.17M17
December 2025$1.10M7
January 2026$1.34M6
February 2026$1.20M5
March 2026$1.40M9
April 2026$1.25M11
May 2026$1.22M16
June 2026$1.16M10
July 2026$1.22M8
August 2026$1.00M7
September 2026$1.25M5

Neighbourhood & location

Willowridge-Martingrove-Richview, 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
Dovercourt-Wallace Emerson-Junction
$1.25M
St. Andrew-Windfields
$4.10M
Leaside
$2.15M

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 Westway Junior School
54%
Westway Junior SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Marcellus Catholic School · Catholic elementary0.8 km · 60% at standard
Central Etobicoke High School · Public secondary0.9 km
St George's Junior School · Public elementary0.9 km · 81% at standard
Hilltop Middle School · Public elementary1.3 km · 62% at standard
All Saints Catholic School · Catholic elementary1.5 km · 65% at standard
St Eugene Catholic School · Catholic elementary1.5 km · 78% at standard
Kipling Collegiate Institute · Public secondary1.5 km · 46% at standard
Martingrove Collegiate Institute · Public secondary1.5 km · 70% at standard
John G Althouse Middle School · Public elementary1.6 km · 88% at standard
Princess Margaret Junior School · Public elementary1.6 km · 60% at standard
Valleyfield Junior School · Public elementary1.6 km · 77% at standard
St Demetrius Catholic School · Catholic elementary1.9 km · 76% at standard

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

Affordability & Mortgage

Affordability
$7,748/mo
$317KIncome needed
5.4×Price ÷ income
$1,788Weekly cost
$60,946Land 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 $7,748Property tax $610Total carry $8,357

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$7,519per month

Mortgage amount $1,359,920 · 4.49% over 25 years

$339,980Down payment (20.0%)
$1,359,920Loan before insurance
$0CMHC premium
$8,129Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,519
Property tax
$610
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,129

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

One-time closing costs

Ontario land transfer tax
$30,473
Toronto municipal land transfer tax
$30,473
Estimated closing costs
$60,946

Plus your down payment of $339,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,101/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

$895,849Total interest paid
$2,255,769Total of all payments
Principal $1,359,920 Interest $895,849
YearPrincipalInterestBalance
1$30,348$59,883$1,329,572
2$31,726$58,505$1,297,847
3$33,166$57,065$1,264,681
4$34,672$55,559$1,230,009
5$36,246$53,985$1,193,763
6$37,892$52,339$1,155,871
7$39,612$50,619$1,116,259
8$41,411$48,820$1,074,848
9$43,291$46,940$1,031,557
10$45,257$44,974$986,300
11$47,311$42,919$938,989
12$49,460$40,771$889,529
13$51,705$38,526$837,824
14$54,053$36,178$783,771
15$56,507$33,724$727,264
16$59,073$31,158$668,191
17$61,755$28,476$606,436
18$64,559$25,672$541,878
19$67,490$22,741$474,388
20$70,554$19,676$403,833
21$73,758$16,473$330,076
22$77,107$13,124$252,969
23$80,608$9,623$172,361
24$84,268$5,963$88,094
25$88,094$2,137$0

At the end of your 5-year term

Total paid over the term
$451,154
Principal paid down
$166,157
Interest paid
$284,997
Balance remaining
$1,193,763

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 15 whole-home leases in Willowridge-Martingrove-Richview$4,987/mo
$59,844Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,738 to $5,259Typical rent range
~31 daysTo find a tenant, on average

The suite is real income here: basements rent in Willowridge-Martingrove-Richview (23 of 85 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 15 whole-home leases in Willowridge-Martingrove-Richview signed at a median of $4,298 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,987. 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.

3.5%
Gross yield
− Property tax $7,315− Insurance $1,400− Vacancy & upkeep $6,583Net operating income $44,547

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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