55 Bywood Drive, Toronto, ON

Princess-Rosethorn, Toronto · MLS® W13772112

$3,079,000
For Sale
Listed 38 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
2Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Stunning, matured treed lot, south facing back yard with 100' fully backing onto Islington Golf Course.
  • Has been Approved for severance, creating 2 lots measuring 50' x 121' each with 2025 survey and building plans.
  • Close to Islington Subway and buses, Rosethorn JS, first class amenities to explore.

Stunning, matured treed lot, south facing back yard with 100' fully backing onto Islington Golf Course! Has been Approved for severance, creating 2 lots measuring 50' x 121' each with 2025 survey and building plans. One of a very limited inventory of homes backing onto Islington Golf Course. In winter months, one can walk through the snowy drifts and quiet area. Become a member and walk to 'work' on the course. Rare opportunity! When it is gone, it is gone. Close to Islington Subway and buses, Rosethorn JS, first class amenities to explore. Being sold as land value only. Appointment required to walk property. No interior visits permitted.

Key facts

Property type
Detached, Bungalow
MLS®
W13772112
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
100 × 121 ft
Cross streets
Islington and Bywood
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$11,575 / 2025
Days on market
38
Listing brokerage
RE/MAX PROFESSIONALS INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$3.02Mlikely sale price

Listed at $3,079,000. 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 $3.02M, if it sells. A realistic range is $2.83M to $3.41M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 38 days on the market against about 21 for homes like it here, and asking 50% above where comparable closings put it.

List price
$2.83MBelow recent closings$3.41MAbove recent closings

Total price vs nearby homes. Likely closing about $3.02M, 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
38days on market so far
$5,250/moest. rent · 12 leases
2.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 8 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 $1,759/sqft against an area asking average of $1,226/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the 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 $2.11M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Humber Valley Village Junior Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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
$1.68Mavg 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 $2.53M, which is where my estimate comes from.

Per square foot, these ask about $1,296/sqft; this home lists at $1,759/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.08MThis home1.45M1.27M1.70M2.00M2.00MThis 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
Leaside
$2.15M
Banbury-Don Mills
$5.50M
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 · 0.3 km awayBelow the GTA average · 65% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Our Lady of Peace Catholic School · Catholic elementary1.2 km · 71% at standard
Islington Junior Middle School · Public elementary1.3 km · 66% at standard
Wedgewood Junior School · Public elementary1.5 km · 79% at standard
St George's Junior School · Public elementary1.7 km · 81% at standard
Our Lady of Sorrows Catholic School · Catholic elementary1.8 km · 90% at standard
John G Althouse Middle School · Public elementary1.8 km · 88% at standard
West Glen Junior School · Public elementary2.0 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.2 km
Josyf Cardinal Slipyj Catholic School · Catholic elementary2.3 km · 83% at standard
Lambton Kingsway Junior Middle School · Public elementary2.3 km · 91% at standard
Princess Margaret Junior School · Public elementary2.3 km · 60% at standard
Richview Collegiate Institute · Public secondary2.4 km · 82% at standard

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

Affordability & Mortgage

Affordability
$14,033/mo
$566KIncome needed
5.4×Price ÷ income
$3,238Weekly cost
$127,690Land 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.

94%mortgage
Mortgage $14,033Property tax $965Total carry $14,998

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,619per month

Mortgage amount $2,463,200 · 4.49% over 25 years

$615,800Down payment (20.0%)
$2,463,200Loan before insurance
$0CMHC premium
$14,584Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,619
Property tax
$965
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,584

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

One-time closing costs

Ontario land transfer tax
$63,450
Toronto municipal land transfer tax
$64,240
Estimated closing costs
$127,690

Plus your down payment of $615,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,484/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

$1,622,637Total interest paid
$4,085,837Total of all payments
Principal $2,463,200 Interest $1,622,637
YearPrincipalInterestBalance
1$54,968$108,465$2,408,232
2$57,464$105,970$2,350,768
3$60,073$103,360$2,290,695
4$62,801$100,633$2,227,894
5$65,652$97,782$2,162,242
6$68,633$94,801$2,093,610
7$71,749$91,684$2,021,861
8$75,007$88,427$1,946,854
9$78,412$85,021$1,868,442
10$81,973$81,461$1,786,469
11$85,694$77,739$1,700,775
12$89,585$73,848$1,611,189
13$93,653$69,781$1,517,536
14$97,905$65,528$1,419,631
15$102,350$61,083$1,317,281
16$106,997$56,436$1,210,284
17$111,856$51,578$1,098,428
18$116,934$46,499$981,494
19$122,244$41,190$859,250
20$127,794$35,640$731,456
21$133,596$29,837$597,860
22$139,662$23,771$458,198
23$146,003$17,430$312,195
24$152,632$10,801$159,563
25$159,563$3,871$0

At the end of your 5-year term

Total paid over the term
$817,167
Principal paid down
$300,958
Interest paid
$516,210
Balance remaining
$2,162,242

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 12 whole-home leases in Princess-Rosethorn$5,250/mo
$63,000Gross annual rent
1.4%Cap rate after taxes and upkeep
$4,809 to $5,844Typical 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 12 whole-home leases in Princess-Rosethorn signed at a median of $5,467 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,250. 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.

2.0%
Gross yield
− Property tax $11,575− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $43,095

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

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