A tastefully updated modern home with an rare opportunity to expand this beautiful family home on a highly revered Red Brick Street, open concept main floor with entertainers kitchen walks out to newly redone stunning backyard tiered with decks, gas line to deck for fireplace, newer roof top over garage without door kitchen set up, NO Snow shovelling! on radiate heated driveway going into fully insulated finished garage that is heated and has A/C for year round use garage floor is also heated). $62k spent on ductless heating and A/C system in 2021, $45K on windows, doors, there is a beautiful picture sliding door to backyard with a view of the electrical pond with water fountain, Washer and Dryer, Dishwasher(2025), updated electrical system 200amps, fully finished basement, must see this property in highly coveted school district, steps from Glen Manor Park and the Glen Stewart Ravine, stroll the boutiques and family friendly beaches Queen East community. Carson and Dunlop Home Inspection Avail on request. Sellers reserve the right to pre-emptive offers.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $2,000 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 16 Pine Cres
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
16 Pine Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14030052$2,999,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 16 Pine Cres Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$14,738
/mo
based on the purchase price of $2,999,999
$600,000 cash
$2,399,999 financed
$2,021,429 total interest
Principal54%$2,399,999
Interest46%$2,021,429
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–5 bed homes for sale in Toronto around $3.0M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4975.1%On average, homes sold at or above asking.
Active listings12,263Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,536 sales from Jul 16 – Oct 14, 2026 (6,656 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
16 Pine Cres is listed at $2,999,999 (MLS® E14030052). Summitly updates the price as soon as the MLS® record changes.
Is $2,999,999 a good price for 16 Pine Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 16 Pine Cres changed?
No — 16 Pine Cres is still listed at its original asking price of $2,999,999.
How many bedrooms and bathrooms does 16 Pine Cres have?
16 Pine Cres has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 16 Pine Cres close to transit?
The nearest rapid-transit station is Danforth GO Station (Lakeshore East GO), about 1.5 km (about a 19-minute walk) in a straight line. Main Street Station is about 1.8 km (about a 22-minute walk), and Woodbine Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 16 Pine Cres?
About $14,738 a month — principal and interest on $2,999,999 with 20% down ($600,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16 Pine Cres compare with other homes in Toronto?
Its asking price of $2,999,999 is about 253% above the median sold price in Toronto over the last 90 days, $849,000, across 9,536 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16 Pine Cres been sold before?
Summitly has no earlier MLS® sale or lease of 16 Pine Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16 Pine Cres?
16 Pine Cres is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16 Pine Cres been on the market?
16 Pine Cres was listed today (October 14, 2026).
What is the price per square foot of 16 Pine Cres?
About $1,500 to $2,000 per square foot: the asking price of $2,999,999 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 16 Pine Cres have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.