37 Tefley Road, Toronto, ON
Newtonbrook West, Toronto · MLS® C13156510
About this home
Exceptional Opportunity In The Highly Desirable Newtonbrook Community in North York! Solid Brick 3-Bedroom Bungalow Situated On A Premium 66 X 129 Ft Lot, Offering Endless Potential To Live In, Rent Out, Renovate, Flip, Or Build Your Dream Home. Bright Main Floor With Functional Layout And Large Windows. Hardwood Flooring Throughout Main Floor. Finished Basement With Separate Side Entrance, Additional Kitchen, 4th Bedroom, Huge Living Room and Bathroom Provides Additional Living Space And Excellent Rental Potential. Expansive Private Back Yard With Mature Trees Perfect For Privacy, And a Potential Garden Suite. 200 Amp. Electrical Panel. Beautiful Interlocking Stone Around The House (Approx 2700 Sqft). Oversized Attached Garage With Ample Parking On a Large Driveway. Surrounded By Multi-Million Dollar Homes In A Prestigious And Rapidly Redeveloping Neighborhood. Ideally Located Close To Yonge Street, Finch Subway & TTC, Shops, Restaurants, Parks, Top-Rated Schools, And With Easy Access To HWY 401. A Rare Opportunity For End-Users / Investors.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13156510
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 66.07 × 129.4 ft
- Cross streets
- Yonge & Drewry
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Available, Private
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,410 / 2026
- Days on market
- 57
- Listing brokerage
- CENTURY 21 ATRIA REALTY INC.
Rooms
tile floor · window · breakfast area
hardwood floor · window · closet
above grade window · closet
above grade window · stone fireplace
hardwood floor · window · closet
hardwood floor · window · combined w/living
above grade window · tile floor
hardwood floor · crown moulding · combined w/dining
hardwood floor · window · closet
Listed at $1,399,888, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.71M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.70M
- Bedrooms −$30K
- Adjusts to $1.67M
That comparable adjusts to $1.67M; the $1.66M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is R J Lang Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Drewry Ave at Gardenia Crt is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1.66M, median of 9 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 34% below the area average of $1,220/sqft.
56 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Drewry Ave at Gardenia Crt, about 182 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,119,910 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,976
- Property tax
- $618
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,594
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,473
- Toronto municipal land transfer tax
- $24,473
- Estimated closing costs
- $48,946
Plus your down payment of $279,978. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $358,575
- Principal paid down
- $142,621
- Interest paid
- $215,955
- Balance remaining
- $977,290
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.