124 Stilecroft Drive, Toronto, ON
York University Heights, Toronto · MLS® W13757460
About this home
In short
- Offered on the market for the very first time, this original-owner 4-bedroom home sits on a premium lot backing directly onto a tranquil ravine in a family-friendly...
- The fully finished walk-out basement includes a second full kitchen and direct step-out access to the lush backyard, offering ideal multi-generational living or...
- Complete with a double-car garage and a prime location minutes from the Finch West Subway, York University, Downsview Park, and Highways 400/401, this rare property...
Offered on the market for the very first time, this original-owner 4-bedroom home sits on a premium lot backing directly onto a tranquil ravine in a family-friendly North York neighborhood. The main floor features a bright, functional layout with a large eat-in kitchen that walks out to an expansive, full-house-width balcony-perfect for entertaining against a scenic, tree-lined backdrop. The fully finished walk-out basement includes a second full kitchen and direct step-out access to the lush backyard, offering ideal multi-generational living or income potential. Complete with a double-car garage and a prime location minutes from the Finch West Subway, York University, Downsview Park, and Highways 400/401, this rare property combines peaceful nature views with effortless city convenience.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13757460
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4
- Size
- 2500-3000 sq ft
- Lot
- 50 × 109.91 ft
- Cross streets
- Sentinel Road / Sheppard
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Apartment, Finished with Walk-Out, Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,912 / 2025
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
ceramic floor · window
hardwood floor · open concept
ceramic floor · overlooks ravine
4 pc bath · hardwood floor · walk-in closet(s)
parquet · fireplace · overlooks ravine
broadloom · double closet
Ceramic Floor
separate room · ceramic floor · window
hardwood floor · window · closet
hardwood floor · double closet · window
hardwood floor · overlooks frontyard
ceramic floor · overlooks ravine · walk-out
fireplace · walk-out
Listed at $1,475,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.39M, typically $1.28M to $1.52M. Comparable closings on their own put this home around $1.18M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.
Second read, from the city assessment: $1.18M. 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 $1.39M, median of 8 comparables.
The market behind the math:
About 1.3 months of inventory: 5 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $536/sqft against an area asking average of $793/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In York University Heights basements rarely rent out (3 of 17 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 8 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 $1.18M, a bit lower.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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 were not many closely comparable homes right in York University Heights, so I widened the search to the surrounding area.
Based on 8 comparable homes that sold in York University Heights over the past two years, from 54 closings there.
For sale
For sale
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For saleNothing 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 $1.18M, which is where my estimate comes from.
Per square foot, these ask about $680/sqft; this home lists at $536/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 8, 2026); conventional rates run a little higher.
Mortgage amount $1,180,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,362
- Property tax
- $493
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,854
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,975
- Toronto municipal land transfer tax
- $25,975
- Estimated closing costs
- $51,950
Plus your down payment of $295,000. 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
- $381,691
- Principal paid down
- $148,512
- Interest paid
- $233,179
- Balance remaining
- $1,031,488
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
About the suite: in York University Heights basements rarely rent out (3 of 17 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 5 whole-home leases in York University Heights signed at a median of $3,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,975. 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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.