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MLS® listing

23 Ravensbourne Crescent: detached house for sale

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$1,998,000

5 bedrooms, 3 bathrooms, Detached · Princess-Rosethorn · near Princess Margaret/Islington Ave

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From the listing brokerage

Beautifully maintained bungalow on a premium 80' X 123' lot in the highly sought-after Princess Anne Manor. Offering an attached double garage and approximately 4,500 sq ft of finished living space across the main and lower levels, this spacious home features generous principal rooms and an exceptional layout for both everyday living and entertaining. The main floor includes a large formal living room with fireplace and bay window, separate dining room, bright family room with built-ins, and a spacious eat-in kitchen with abundant cabinetry and walkout to the covered terrace overlooking the private backyard. The bedroom wing offers 3 well-sized bedrooms, including a primary suite with walk-in closet and ensuite bath. The finished lower level provides additional living space with a large recreation room featuring a fireplace and wet bar, separate games room with built-ins, 2 additional bedrooms, oversized laundry room, cedar closet, and multiple storage and utility rooms. Separate walk-up from the lower level offers excellent flexibility for extended family or guest accommodations. Private backyard with mature landscaping and covered terrace. Ideally located close to top-rated schools, parks, prestigious golf clubs, transit, major highways, and only minutes to the airport in one of Etobicoke's most established family communities.

Facts on the listing

Square feet2000-2500
StyleBungalow
BasementFinished, Walk-Up
Lot width80
Lot depth123
Lot measured inFeet
FacesSouth
Parking spaces6
GarageAttached
HeatingForced Air
CoolingCentral Air
Kitchens1
Property tax$10,384
Tax year2025
ParkingPrivate
Interior featuresNone
FeaturesGolf, Park, Public Transit, School

Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS® W13664108.

About this detached house

23 Ravensbourne Crescent is a 5 bedroom detached house in TRREB's Princess-Rosethorn community in Toronto, listed for sale at $1,998,000. The listing shows 3 bathrooms and 2000-2500 square feet. The style is given as bungalow. The lot is listed as 80 by 123 feet. The listing gives the basement as finished, walk-up. It comes with 6 parking spaces and an attached garage according to the listing. The nearest main intersection given is Princess Margaret/Islington Ave.

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 Ravensbourne Crescent

At the asking price of $1,998,000, 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$1,998,000
Ontario land transfer tax$36,435
Toronto municipal land transfer tax$36,435
Both taxes$72,870
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$399,600

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. 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)$10,384 a year, about $865 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 $1,998,000, which is $828,000 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

  1. Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
  2. 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, 80 by 123 feet.
  3. Ask about permits. Ask which renovations had building permits and whether those permits were closed.
  4. 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.
  5. Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
  6. 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.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale

Similar homes for sale in Toronto

Questions about 23 Ravensbourne Crescent

How much is land transfer tax on 23 Ravensbourne Crescent?

At the asking price of $1,998,000 the Ontario tax is $36,435 and the Toronto tax is $36,435, $72,870 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 Ravensbourne Crescent?

$399,600 at the asking price of $1,998,000, under the federal minimum down payment rules. A lender may require more.

How much is the property tax on 23 Ravensbourne Crescent?

The listing shows $10,384 a year for 2025, about $865 a month.

Is 23 Ravensbourne Crescent priced above or below the median?

It is listed at $1,998,000. 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 $828,000 higher. The median covers all sizes and neighbourhoods.

How do I book a showing for 23 Ravensbourne Crescent?

Use the form on this page or call us. Quote MLS® W13664108. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 23 Ravensbourne 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.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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