8 Carswell Place, Toronto, ON

Willowridge-Martingrove-Richview, Toronto · MLS® W13867054

$1,100,000
For Sale
Listed 9 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • 3 Bedroom All Brick Bungalow On A Huge Pie Shaped Lot Over 100 Ft Wide At The Back Located On A Quiet Cul-De-Sac.
  • Updated Front Door And Front Porch Railings, Large Principle Rooms, Finished Basement With A Kitchen, Bathroom With Plenty Of Space And Separate Side Entrance And A...
  • The Huge Backyard Is Ideal For Families With Kids, Gardening, An Outdoor Entertainment Area Or Build A Large Pool.
  • This Quiet And Peaceful Family Neighbourhood Is In A Great Central Location, Close To: Schools, Parks, Grocery, Costco, Etobicoke North GO Station, Pearson Airport...

3 Bedroom All Brick Bungalow On A Huge Pie Shaped Lot Over 100 Ft Wide At The Back Located On A Quiet Cul-De-Sac. Well Maintained Home With Amazing Potential. Updated Front Door And Front Porch Railings, Large Principle Rooms, Finished Basement With A Kitchen, Bathroom With Plenty Of Space And Separate Side Entrance And A Double Car Garage. The Huge Backyard Is Ideal For Families With Kids, Gardening, An Outdoor Entertainment Area Or Build A Large Pool. This Quiet And Peaceful Family Neighbourhood Is In A Great Central Location, Close To: Schools, Parks, Grocery, Costco, Etobicoke North GO Station, Pearson Airport, Most Major Highways 401, 427 & 400.

Key facts

Property type
Detached, Bungalow
MLS®
W13867054
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
36 × 139.43 ft
Cross streets
Martin Grove/Eglinton
Parking
2 garage · 4 parking (built-in)
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$4,895 / 2026
Days on market
9
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

KitchenMain6.04 × 2.46 m

eat-in kitchen · window

Dining RoomMain3.98 × 2.80 m

broadloom · window

KitchenBasement0.00 × 0.00 m
Living RoomMain4.80 × 4.24 m

broadloom · picture window

Bedroom 2Main3.43 × 3.40 m

hardwood floor · window · closet

Primary BedroomMain4.55 × 3.03 m

hardwood floor · window · closet

RecreationBasement0.00 × 0.00 m
Bedroom 3Main3.03 × 2.78 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.07Mlikely sale price

Listed at $1,100,000. Going by how homes in Willowridge-Martingrove-Richview and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $1.07M, if it sells. A realistic range is $1.00M to $1.21M.

Independent value check: $1.06M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $990K and $1.11M).

Why $1.06M. 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:

  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $4,895 a year; the typical home sold here pays about $5,100.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 4 typically.
  • ▼ Lowers it slightlyIts lot is 36 by 139 ft; the typical lot sold here is 50 by 121.
List price
$1.00MBelow recent closings$1.21MAbove recent closings

Total price vs nearby homes. Likely closing about $1.07M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.07Mmedian sold price
98%of asking, on average
−14%prices vs a year ago
~14 dayshomes like this take to sell
9days on market so far
$4,050/moest. rent · 26 leases
4.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 12 detached homes for sale in the area against 17 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 $846/sqft against an area asking average of $972/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. 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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • 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
  • 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 Dixon Grove Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 17 comparable homes that sold in Willowridge-Martingrove-Richview over the past two years, from 212 closings there.

What sellers nearby are askingCurrently listed nearby in Willowridge-Martingrove-Richview · asking prices
$1.36Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,048/sqft; this home lists at $846/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.10MThis home1.05M1.48M1.30M1.30M1.69MThis 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.

Stonegate-Queensway
$1.25M
Oakwood Village
$1.74M
Bedford Park-Nortown
$2.99M
Lawrence Park South
$2.67M
Lansing-Westgate
$2.60M

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 Dixon Grove Junior Middle School
45%
Dixon Grove Junior Middle SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 45% meet the provincial standard
School of Experiential EducationEQAO results not published
Also nearby: 12 more schools within 2.5 km
Kipling Collegiate Institute · Public secondary0.2 km · 46% at standard
Parkfield Junior School · Public elementary0.7 km · 70% at standard
Central Etobicoke High School · Public secondary0.7 km
Transfiguration of our Lord Catholic School · Catholic elementary0.9 km · 79% at standard
Martingrove Collegiate Institute · Public secondary1.2 km · 70% at standard
Westway Junior School · Public elementary1.3 km · 54% at standard
Princess Margaret Junior School · Public elementary1.4 km · 60% at standard
St Maurice Catholic School · Catholic elementary1.7 km · 52% at standard
Kingsview Village Junior School · Public elementary1.8 km · 62% at standard
John G Althouse Middle School · Public elementary1.8 km · 88% at standard
Richview Collegiate Institute · Public secondary1.8 km · 82% at standard
Father Serra Catholic School · Catholic elementary1.9 km · 77% at standard

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

Affordability & Mortgage

Affordability
$5,013/mo
$207KIncome needed
5.3×Price ÷ income
$1,157Weekly cost
$36,950Land 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 $5,013Property tax $408Total carry $5,421

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,866per month

Mortgage amount $880,000 · 4.49% over 25 years

$220,000Down payment (20.0%)
$880,000Loan before insurance
$0CMHC premium
$5,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,866
Property tax
$408
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,274

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

One-time closing costs

Ontario land transfer tax
$18,475
Toronto municipal land transfer tax
$18,475
Estimated closing costs
$36,950

Plus your down payment of $220,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/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

$579,701Total interest paid
$1,459,701Total of all payments
Principal $880,000 Interest $579,701
YearPrincipalInterestBalance
1$19,638$38,750$860,362
2$20,529$37,859$839,833
3$21,462$36,926$818,371
4$22,436$35,952$795,935
5$23,455$34,933$772,480
6$24,520$33,868$747,961
7$25,633$32,755$722,328
8$26,797$31,591$695,531
9$28,013$30,375$667,517
10$29,285$29,103$638,232
11$30,615$27,773$607,617
12$32,005$26,383$575,612
13$33,458$24,930$542,153
14$34,977$23,411$507,176
15$36,566$21,822$470,610
16$38,226$20,162$432,385
17$39,961$18,427$392,423
18$41,776$16,612$350,647
19$43,673$14,715$306,975
20$45,655$12,733$261,319
21$47,728$10,660$213,591
22$49,895$8,493$163,695
23$52,161$6,227$111,534
24$54,529$3,859$57,005
25$57,005$1,383$0

At the end of your 5-year term

Total paid over the term
$291,940
Principal paid down
$107,520
Interest paid
$184,421
Balance remaining
$772,480

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 26 whole-home leases in Willowridge-Martingrove-Richview$4,050/mo
$48,600Gross annual rent
3.4%Cap rate after taxes and upkeep
$3,844 to $4,296Typical rent range
~29 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 26 whole-home leases in Willowridge-Martingrove-Richview signed at a median of $4,201 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,050. 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.

4.4%
Gross yield
− Property tax $4,895− Insurance $1,400− Vacancy & upkeep $5,346Net operating income $36,959

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

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