21 Greencoat Road, Toronto, ON

Markland Wood, Toronto · MLS® W14030456

$1,595,000
For Sale
Listed 5 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
2Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 21 Greencoat Road, a spacious & beautifully renovated bungalow in sought-after Markland Wood.
  • The bright main floor features hardwood flooring, new windows & three generous bedrooms.
  • An oversized living room with fireplace opens to a gorgeous, private, pool-sized backyard with patio.
  • The beautifully renovated spa-inspired bathroom features premium Vida fixtures, Toto toilet & heated floors.
  • The impressive lower level offers a reimagined custom kitchen, two additional bedrooms & a beautifully renovated bathroom featuring a curbless Grohe shower, heated...

Welcome to 21 Greencoat Road, a spacious & beautifully renovated bungalow in sought-after Markland Wood. Cherished by the same owner for 60 years and meticulously maintained, this exceptional home offers five bedrooms and 2 kitchens across two finished levels, ideal for growing families, multigenerational living or adult children. The bright main floor features hardwood flooring, new windows & three generous bedrooms. The updated kitchen boasts KitchenAid stainless steel appliances, quartz counters & a built-in desk. An oversized living room with fireplace opens to a gorgeous, private, pool-sized backyard with patio. The beautifully renovated spa-inspired bathroom features premium Vida fixtures, Toto toilet & heated floors. Hunter Douglas blinds & an Ecobee smart thermostat add comfort and convenience. The impressive lower level offers a reimagined custom kitchen, two additional bedrooms & a beautifully renovated bathroom featuring a curbless Grohe shower, heated floors & a heated towel rack. Expansive recreation areas boast large windows with redesigned window wells for abundant natural light, a built-in bar & extensive storage. Bosco's professional waterproofing adds extra peace of mind. Complete with a double-car garage, this home delivers exceptional space, quality & versatility. Markland Wood is loved for its mature tree-lined streets, generous lots, excellent schools, parks, trails & welcoming community. Enjoy nearby shopping, recreation, Markland Wood Golf Club & convenient access to highways and Pearson Airport. Lovingly maintained, thoughtfully updated & remarkably spacious and move-in ready, 21 Greencoat offers exceptional flexibility in one of Etobicoke's most established neighbourhoods. Home Inspection available upon request.

Key facts

Property type
Detached, Bungalow
MLS®
W14030456
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
60 × 100 ft
Cross streets
Markland North Of Bloor
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Full, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,706 / 2026
Days on market
5
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Furnace RoomBasement2.16 × 1.45 m
Primary BedroomMain3.63 × 4.37 m

hardwood floor · double closet · pot lights

Bedroom 4Basement3.30 × 4.17 m

laminate · b/i desk · closet

KitchenBasement3.73 × 4.14 m

laminate · updated · stainless steel appl

RecreationBasement9.63 × 3.86 m

laminate · pot lights · b/i bar

Dining RoomMain3.94 × 3.05 m

hardwood floor · window · pot lights

Bedroom 3Main3.30 × 4.29 m

hardwood floor · closet · window

KitchenMain3.94 × 3.66 m

laminate · quartz counter · stainless steel appl

Bedroom 2Main3.12 × 3.86 m

hardwood floor · closet · window

Utility RoomBasement3.73 × 3.00 m
Living RoomMain5.97 × 3.86 m

hardwood floor · fireplace · w/o to garden

Bedroom 5Basement3.63 × 5.06 m

laminate · closet · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.55Mlikely sale price

Listed at $1,595,000. Going by how homes in Markland Wood and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $1.55M, if it sells. A realistic range is $1.45M to $1.74M.

Independent value check: $1.40M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.31M and $1.47M).

Why $1.40M. The typical detached home sold in Markland Wood over the past year went for about $1.51M (44 sales). What sets this one apart:

  • ▲ Raises it stronglyThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly3+2 bedrooms and 2 baths, against 3+1 and 3 typically.
  • ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$1.45MBelow recent closings$1.74MAbove recent closings

Total price vs nearby homes. Likely closing about $1.55M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.27Mmedian sold price
96%of asking, on average
−9%prices vs a year ago
~14 dayshomes like this take to sell
5days on market so far
$3,800/moest. rent · 5 leases
2.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 14 detached homes for sale in the area against 18 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 $1,227/sqft against an area asking average of $903/sqft.

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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.40M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Silverthorn 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

There were not many closely comparable homes right in Markland Wood, so I widened the search to the surrounding area.

Based on 18 comparable homes that sold in Markland Wood over the past two years, from 94 closings there.

What sellers nearby are askingCurrently listed nearby in Markland Wood · asking prices
$1.41Mavg 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 $1.40M, which is where my estimate comes from.

Per square foot, these ask about $1,230/sqft; this home lists at $1,227/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.59MThis home1.23M1.73M1.28MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Markland Wood, 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
Banbury-Don Mills
$5.50M

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 Millwood Junior School
65%
Millwood Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 65% meet the provincial standard
Seneca SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bloordale Middle School · Public elementary0.4 km · 69% at standard
Eatonville Junior School · Public elementary0.6 km · 75% at standard
St Elizabeth Catholic School · Catholic elementary1.2 km · 82% at standard
Broadacres Junior Public School · Public elementary1.4 km · 55% at standard
Bloorlea Middle School · Public elementary1.5 km · 70% at standard
Mill Valley Junior School · Public elementary1.5 km · 90% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.7 km
Etobicoke Secondary Alternative School · Public secondary1.7 km
West Glen Junior School · Public elementary1.9 km · 57% at standard
Nativity of Our Lord Catholic School · Catholic elementary2.0 km · 68% at standard
Wellesworth Junior School · Public elementary2.4 km · 58% at standard
Wedgewood Junior School · Public elementary2.4 km · 79% at standard

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

Affordability & Mortgage

Affordability
$7,269/mo
$297KIncome needed
5.4×Price ÷ income
$1,678Weekly cost
$56,750Land 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.

93%mortgage
Mortgage $7,269Property tax $559Total carry $7,828

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)
$7,055per month

Mortgage amount $1,276,000 · 4.49% over 25 years

$319,000Down payment (20.0%)
$1,276,000Loan before insurance
$0CMHC premium
$7,614Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,055
Property tax
$559
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,614

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

One-time closing costs

Ontario land transfer tax
$28,375
Toronto municipal land transfer tax
$28,375
Estimated closing costs
$56,750

Plus your down payment of $319,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,539/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

$840,567Total interest paid
$2,116,567Total of all payments
Principal $1,276,000 Interest $840,567
YearPrincipalInterestBalance
1$28,475$56,188$1,247,525
2$29,768$54,895$1,217,757
3$31,119$53,543$1,186,638
4$32,532$52,130$1,154,106
5$34,009$50,653$1,120,096
6$35,554$49,109$1,084,543
7$37,168$47,495$1,047,375
8$38,855$45,807$1,008,520
9$40,620$44,043$967,900
10$42,464$42,199$925,436
11$44,392$40,271$881,044
12$46,407$38,255$834,637
13$48,515$36,148$786,122
14$50,717$33,945$735,405
15$53,020$31,643$682,385
16$55,427$29,235$626,958
17$57,944$26,719$569,014
18$60,575$24,088$508,439
19$63,325$21,337$445,113
20$66,200$18,462$378,913
21$69,206$15,456$309,707
22$72,348$12,314$237,358
23$75,633$9,029$161,725
24$79,067$5,595$82,657
25$82,657$2,005$0

At the end of your 5-year term

Total paid over the term
$423,313
Principal paid down
$155,904
Interest paid
$267,410
Balance remaining
$1,120,096

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 5 whole-home leases in Markland Wood$3,800/mo
$45,600Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,344 to $4,375Typical 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 5 whole-home leases in Markland Wood signed at a median of $4,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,800. 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.

2.9%
Gross yield
− Property tax $6,706− Insurance $1,400− Vacancy & upkeep $5,016Net operating income $32,478

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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