MLS® listing
23 Morewood Crescent: detached house for sale
$2,850,000
From the listing brokerage
An exceptional opportunity to create your dream home in one of Toronto's most desirable neighbourhoods. Currently under construction, this impressive custom residence offers the rare chance for a buyer to personalize the interior finishes and bring their own vision to life. With its striking contemporary exterior, grand proportions, and thoughtfully designed layout, the foundation has already been set for an extraordinary finished product. Whether your style leans timeless, transitional, or modern, this home presents the flexibility to select finishes, fixtures, and design details that reflect your personal taste. A unique offering for those seeking a truly custom living experience without starting from the ground up. Ideally located on a quiet, family-friendly street with convenient access to excellent schools, parks, shopping, TTC transit, and Highway 401, this is an outstanding opportunity to secure a brand-new luxury home in an established neighbourhood. Complete the vision and create a residence tailored entirely to your lifestyle.
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 2-Storey |
| Basement | Walk-Out |
| Lot width | 61 |
| Lot depth | 123.14 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 4 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $10,972 |
| Tax year | 2025 |
| Interior features | None |
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS® C13829524.
About this detached house
23 Morewood Crescent is a 4 bedroom detached house in TRREB's Bayview Village community in Toronto, listed for sale at $2,850,000. The listing shows 8 bathrooms and 3500-5000 square feet. The style is given as 2-storey. The lot is listed as 61 by 123.14 feet. The listing gives the basement as walk-out. It comes with 4 parking spaces and an attached garage according to the listing. The nearest main intersection given is Bayview and Sheppard Ave E.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 23 Morewood Crescent
At the asking price of $2,850,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,850,000 |
|---|---|
| Ontario land transfer tax | $57,725 |
| Toronto municipal land transfer tax | $57,725 |
| Both taxes | $115,450 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $570,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $10,972 a year, about $914 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $2,850,000, which is $1,680,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 61 by 123.14 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Bayview Village
Three Line 4 stations on Sheppard Avenue East, a recreation centre with a library and a housing market where condo apartments make up most sales.
Transit: Bayview, Bessarion and Leslie stations (Line 4), Sheppard-Yonge station (Line 1 and Line 4) to the west, 11 Bayview and 85 Sheppard East buses, Oriole GO (Richmond Hill line) near Leslie station
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $622,500 | 118 sales, average $943,563 |
| Detached | About $2,380,000 | 19 sales, average about $2,571,000 |
| Condo townhouse | About $775,000 | 15 sales, average about $778,000 |
| Condo apartment | About $535,000 | 83 sales, average about $604,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Bayview Village
Is Bayview Village a good area to buy a condo?
It has a large condo market, with 83 condo apartment sales at a median of about $535,000 from April to June 2026 (TRREB). Bayview, Bessarion and Leslie stations on Line 4 serve the Sheppard Avenue East corridor where much of that stock is.
What do detached houses cost in Bayview Village?
From April to June 2026 TRREB recorded 19 detached sales with a median of about $2,380,000 and an average of about $2,571,000. With so few sales, the figures can move noticeably from one quarter to the next.
How do you get downtown from Bayview Village by subway?
Take Line 4 from Bayview station one stop west to Sheppard-Yonge, then Line 1 south to Union station, which is 14 stops. Leslie station also connects to Oriole GO on the Richmond Hill line.
Is there a community centre and library in Bayview Village?
Yes. The Ethennonnhawahstihnen' Community Recreation Centre and Library near Bayview and Sheppard has a six-lane 25-metre pool, a double gymnasium, an indoor track and a Toronto Public Library branch.
Is there a hospital near Bayview Village?
North York General Hospital's General site is at 4001 Leslie Street, east of Bayview Avenue.
Read the Bayview Village neighbourhood guide · All Bayview Village homes for sale
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Questions about 23 Morewood Crescent
How much is land transfer tax on 23 Morewood Crescent?
At the asking price of $2,850,000 the Ontario tax is $57,725 and the Toronto tax is $57,725, $115,450 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 23 Morewood Crescent?
$570,000 at the asking price of $2,850,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 23 Morewood Crescent?
The listing shows $10,972 a year for 2025, about $914 a month.
Is 23 Morewood Crescent priced above or below the median?
It is listed at $2,850,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $1,680,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 23 Morewood Crescent?
Use the form on this page or call us. Quote MLS® C13829524. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 23 Morewood Crescent still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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