1 Mayo Drive, Toronto, ON
Rustic, Toronto · MLS® W13842608
About this home
In short
- Rare Detached Home on an Exceptional 42' x 177' Lot.
- Set on an impressive 42-foot frontage with approximately 177 feet of depth, this property offers an abundance of space, privacy, parking, storage, and potential.
- The main floor features hardwood flooring throughout, with the exception of the kitchen, which offers durable ceramic flooring, and the living room, where broadloom...
- The fully finished basement adds even more usable space, featuring a second eat-in kitchen, large recreation room, second bathroom, and two generously sized...
- One of the property's standout features is the rare detached tandem garage, approximately 30' x 16', ideal for the hobbyist, car enthusiast, workshop, or additional...
Rare Detached Home on an Exceptional 42' x 177' Lot! Welcome to this versatile detached 3-bedroom home, ideally situated on a quiet, child-friendly cul-de-sac and adjacent to the desirable Maple Leaf Park. Set on an impressive 42-foot frontage with approximately 177 feet of depth, this property offers an abundance of space, privacy, parking, storage, and potential.The main floor features hardwood flooring throughout, with the exception of the kitchen, which offers durable ceramic flooring, and the living room, where broadloom is laid over the hardwood. The spacious layout includes a third bedroom converted from the original dining room, providing excellent flexibility for a growing family, home office, or guest room.The home offers three separate entrances - front, side, & rear - providing convenient access and excellent potential for a variety of living arrangements. The fully finished basement adds even more usable space, featuring a second eat-in kitchen, large recreation room, second bathroom, and two generously sized cantinas/storage areas.One of the property's standout features is the rare detached tandem garage, approximately 30' x 16', ideal for the hobbyist, car enthusiast, workshop, or additional storage. The private driveway provides parking for approximately four vehicles.The exceptionally deep lot continues to impress, with a large rear building spanning approximately 43 feet across the rear of the property, offering substantial additional storage or hobby space. A glass greenhouse provides a dedicated space for gardening and protecting plants during colder weather. The expansive yard offers plenty of room for outdoor enjoyment, gardening, storage, and a variety of uses. Located steps from Maple Leaf Park, Rustic Bakery, St. Fidelis school, Humber Memorial Hospital, major transportation routes, Highways 401 & 400.This home combines space, convenience, & unique features that are increasingly difficult to find in a detached property. A Rare find
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13842608
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 42.46 × 176.21 ft
- Cross streets
- Culford/Falstaff
- Parking
- 4 garage · 8 parking (detached)
- Driveway
- Private
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,698 / 2026
- Days on market
- 19
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
separate room · crown moulding · large window
ceramic floor · double sink · eat-in kitchen
hardwood floor · b/i closet · window
eat-in kitchen · ceramic backsplash · above grade window
walk-up · concrete floor
hardwood floor · b/i closet · window
concrete floor · above grade window
hardwood floor · b/i closet · window
laundry sink · ceramic floor · above grade window
open concept · ceramic floor · above grade window
Listed at $999,900, about 6% above our estimate of $946K (homes like it typically land between $886K and $991K).
Why $946K. The typical detached home sold in Rustic over the past year went for about $1.05M (23 sales). What sets this one apart:
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,698 a year; the typical home sold here pays about $5,100.
- ▲ Raises it slightly4 garage and 8 total parking spaces, against 1 and 5 typically.
- ▲ Raises it slightlyIts lot is 42 by 176 ft; the typical lot sold here is 50 by 122.
Total price vs nearby homes. Fair value about $946K, learned from recent GTA sales.
The market behind the math:
About 4.2 months of inventory: 7 detached homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,111/sqft against an area asking average of $771/sqft.
- Separate-entrance basement apartment features. A finished basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. A self-contained lower level is a premium that comparable-sales math under-prices, so read the estimate as a floor. 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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $863K. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Weston 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Rustic, so I widened the search to the surrounding area.
Based on 19 comparable homes that sold in Rustic over the past two years, from 42 closings there.
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 $946K, which is where my estimate comes from.
Per square foot, these ask about $950/sqft; this home lists at $1,111/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Rustic, 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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $799,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $392
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,814
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Estimated closing costs
- $32,946
Plus your down payment of $199,980. 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
- $265,374
- Principal paid down
- $97,735
- Interest paid
- $167,638
- Balance remaining
- $702,185
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.