84 Ravenscrest Drive, Toronto, ON

Princess-Rosethorn, Toronto · MLS® W13758538

$1,325,000
For Sale
Listed 40 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this well-located 3 bedroom home in the sought-after Princess-Rosethorn community of Etobicoke.
  • The Backyard overlooks a treed Ravine, offering a rare natural backdrop.
  • The finished lower level includes a 2-piece bath and a versatile area for family gathering, games room, home office or potential 4th bedroom.
  • Close to excellent schools, parks, convenient shopping and easy access to Kipling Subway, Go Transit & major highways.

Welcome to this well-located 3 bedroom home in the sought-after Princess-Rosethorn community of Etobicoke. The Backyard overlooks a treed Ravine, offering a rare natural backdrop. An excellent opportunity to refresh or re-new, this home features a functional layout with a spacious living room, eat-in kitchen with walkout to deck and an enclosed three season porch with walkout to the patio. The finished lower level includes a 2-piece bath and a versatile area for family gathering, games room, home office or potential 4th bedroom. Close to excellent schools, parks, convenient shopping and easy access to Kipling Subway, Go Transit & major highways.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13758538
Bedrooms
3+1 (4 total)
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
50 × 149.54 ft
Cross streets
Martin Grove/Rathburn
Parking
1 garage · 3 parking (carport)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,461 / 2026
Days on market
40
Listing brokerage
L. BODNER REAL ESTATE INC.

Rooms

SolariumMain3.45 × 2.37 m

Sliding Doors

Dining RoomMain2.82 × 3.46 m

sliding doors · broadloom

OfficeBasement6.00 × 3.10 m

double closet · broadloom

RecreationBasement6.27 × 4.08 m
Bedroom 2Main3.34 × 2.85 m

closet · b/i bookcase · broadloom

Furnace RoomBasement8.67 × 4.38 m

Irregular Room

Primary BedroomMain3.87 × 3.09 m

his and hers closets · broadloom

PantryMain2.81 × 2.47 m

Skylight

KitchenMain3.43 × 3.31 m

eat-in kitchen · w/o to deck

Living RoomMain5.79 × 3.66 m

bay window · broadloom

Bedroom 3Main3.34 × 2.79 m

closet · broadloom

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.30Mlikely sale price

Listed at $1,325,000. Going by how homes in Princess-Rosethorn and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $1.30M, if it sells. A realistic range is $1.22M to $1.47M.

Independent value check: $1.31M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.22M and $1.37M).

Why $1.31M. The typical detached home sold in Princess-Rosethorn over the past year went for about $1.78M (98 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,461 a year; the typical home sold here pays about $8,400.
  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,750 to 2,250.
  • ▼ Lowers it slightly3+1 bedrooms and 2 baths, against 3+1 and 3 typically.
  • ▼ Lowers it slightly1 garage and 3 total parking spaces, against 2 and 6 typically.
List price
$1.22MBelow recent closings$1.47MAbove recent closings

Total price vs nearby homes. Likely closing about $1.30M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.55Mmedian sold price
98%of asking, on average
−15%prices vs a year ago
~16 dayshomes like this take to sell
40days on market so far
$4,269/moest. rent · 21 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 4 months of inventory: 29 detached homes for sale in the area against 22 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 $1,019/sqft against an area asking average of $1,097/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.37M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (John G Althouse Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Princess-Rosethorn, so I widened the search to the surrounding area.

Based on 22 comparable homes that sold in Princess-Rosethorn over the past two years, from 206 closings there.

What sellers nearby are askingCurrently listed nearby in Princess-Rosethorn · asking prices
$1.42Mavg 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 $1.31M, which is where my estimate comes from.

Per square foot, these ask about $1,093/sqft; this home lists at $1,019/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.32MThis home1.27M1.45M1.09M1.60M1.69MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Princess-Rosethorn: $1.37M in September 2026, down 27% from a year ago, on 89 closings in 9 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$2.13M21
November 2025$1.76M13
March 2026$2.04M6
April 2026$1.89M9
May 2026$1.68M8
June 2026$1.51M10
July 2026$1.60M9
August 2026$1.31M7
September 2026$1.37M6

Neighbourhood & location

Princess-Rosethorn, 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
Leaside
$2.15M
Willowdale East
$2.19M

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 Rosethorn Junior School
65%
Rosethorn Junior SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 65% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Josyf Cardinal Slipyj Catholic School · Catholic elementary0.9 km · 83% at standard
Princess Margaret Junior School · Public elementary1.1 km · 60% at standard
West Glen Junior School · Public elementary1.4 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.6 km
St George's Junior School · Public elementary1.6 km · 81% at standard
Wellesworth Junior School · Public elementary1.9 km · 58% at standard
Central Etobicoke High School · Public secondary1.9 km
Wedgewood Junior School · Public elementary1.9 km · 79% at standard
Nativity of Our Lord Catholic School · Catholic elementary2.0 km · 68% at standard
St Marcellus Catholic School · Catholic elementary2.0 km · 60% at standard
Our Lady of Peace Catholic School · Catholic elementary2.0 km · 71% at standard
Broadacres Junior Public School · Public elementary2.1 km · 55% at standard

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

Affordability & Mortgage

Affordability
$6,039/mo
$250KIncome needed
5.3×Price ÷ income
$1,394Weekly cost
$45,950Land 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.

92%mortgage
Mortgage $6,039Property tax $538Total carry $6,577

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,861per month

Mortgage amount $1,060,000 · 4.49% over 25 years

$265,000Down payment (20.0%)
$1,060,000Loan before insurance
$0CMHC premium
$6,399Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,861
Property tax
$538
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,399

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

One-time closing costs

Ontario land transfer tax
$22,975
Toronto municipal land transfer tax
$22,975
Estimated closing costs
$45,950

Plus your down payment of $265,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,094/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

$698,277Total interest paid
$1,758,277Total of all payments
Principal $1,060,000 Interest $698,277
YearPrincipalInterestBalance
1$23,655$46,676$1,036,345
2$24,729$45,602$1,011,617
3$25,851$44,480$985,765
4$27,025$43,306$958,740
5$28,252$42,079$930,488
6$29,535$40,796$900,952
7$30,876$39,455$870,076
8$32,278$38,053$837,798
9$33,744$36,588$804,055
10$35,276$35,055$768,779
11$36,877$33,454$731,902
12$38,552$31,779$693,350
13$40,302$30,029$653,048
14$42,132$28,199$610,916
15$44,045$26,286$566,872
16$46,045$24,286$520,827
17$48,135$22,196$472,692
18$50,321$20,010$422,371
19$52,606$17,725$369,765
20$54,994$15,337$314,771
21$57,491$12,840$257,280
22$60,101$10,230$197,178
23$62,830$7,501$134,348
24$65,683$4,648$68,665
25$68,665$1,666$0

At the end of your 5-year term

Total paid over the term
$351,655
Principal paid down
$129,512
Interest paid
$222,143
Balance remaining
$930,488

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.

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 21 whole-home leases in Princess-Rosethorn$4,269/mo
$51,228Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,043 to $5,070Typical rent range

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 21 whole-home leases in Princess-Rosethorn signed at a median of $4,315 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,269. 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.

3.9%
Gross yield
− Property tax $6,461− Insurance $1,400− Vacancy & upkeep $5,635Net operating income $37,732

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of L. BODNER REAL ESTATE INC.. MLS®/PropTx.

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