3 Kenrae Road, Toronto, ON
Leaside, Toronto · MLS® C13478328
About this home
Welcome to this bright, open-concept bungalow located in the heart of prestigious South Leaside. Situated on a prime lot in one of Toronto's most sought-after family neighbourhoods, this exceptional property offers endless possibilities for first-time buyers, downsizers investors, end users, or builders looking to create their dream home in an unbeatable location. Lovingly maintained with evident pride of ownership, the home features sun-filled living spaces, a functional layout, and a seamless walkout to a private backyard oasis. Surrounded by mature greenery and the soothing sounds of birdsong, this tranquil outdoor retreat is perfect for relaxing, entertaining, or enjoying nature in the city.Ideally located just steps from top-rated schools, parks, boutique shopping, fine dining, and convenient transit, this home offers the perfect blend of lifestyle and location. Move in and enjoy as is, renovate to suit your vision, or build new on this exceptional lot-the possibilities are endless.An added bonus for investors: the property is currently tenanted by a AAA tenant who is willing to stay, providing immediate income potential and flexibility for future plans. A rare opportunity to own in one of Toronto's most desirable neighbourhoods..Mechanical updates - New eavestroughs and downspouts - 2025-roof and skylight - 2024 furnace -2019, humidifier and air conditioning - 2018, fence and deck - 2018, exterior painting 2022.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13478328
- Bedrooms
- 5 (2 + 3)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 56 × 110.5 ft
- Cross streets
- Millwood / Randolph
- Parking
- 1 garage · 2 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $6,749 / 2025
- Days on market
- 29
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
hardwood floor · walk-in closet(s) · window
hardwood floor · combined w/living · window
hardwood floor · fireplace · picture window
Broadloom
hardwood floor · w/o to deck
Broadloom
Broadloom
Separate Room
hardwood floor · granite counters · window
Listed at $1,349,800, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Leaside lately, sellers have been getting about 100% of asking and homes sell in about 19 days.
There were not many closely comparable homes right in Leaside, so I widened the search to the surrounding area.
Based on 10 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 10 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.28M, 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, sold for $880K
- Adjusts to $880K
That comparable adjusts to $880K; the $1.25M estimate above is the median of all 10 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
On schools, this address is zoned for Bessborough Drive Elementary and Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Total price vs nearby homes. Fair value about $1.25M, median of 10 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 10% above the area average of $1,367/sqft.
28 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Leaside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $1,079,840 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,762
- Property tax
- $562
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,325
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,471
- Toronto municipal land transfer tax
- $23,471
- Estimated closing costs
- $46,942
Plus your down payment of $269,960. 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
- $345,746
- Principal paid down
- $137,518
- Interest paid
- $208,228
- Balance remaining
- $942,322
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.