394 Patricia Avenue, Toronto, ON
Newtonbrook West, Toronto · MLS® C13522398
About this home
Welcome to this beautifully and newly updated detached two-storey home, ideally located in the highly sought-after Newtonbrook West community. This solid brick, custom-built residence showcases exceptional craftsmanship and offers a spacious, well-designed layout-perfect for both family living and entertaining. Featuring 4 bedrooms and 4 bathrooms, the home boasts generous principal rooms, a bright open-concept kitchen, and a professionally finished lower level. The main floor is highlighted by elegant oak hardwood flooring, a spacious living and dining area, and a warm, inviting family room complete with a fireplace and walk-out to the backyard.The upgraded kitchen is equipped with quality cabinetry, stone countertops, and a sun-filled breakfast area, creating a welcoming space for everyday living.On the upper level, the primary suite offers a 4-piece ensuite and double closet, along with three additional well-proportioned bedrooms.The finished lower level includes a bar/kitchen area, laundry room, and ample storage space. Situated on a premium 50 x 133 ft lot, this property features an attached two-car garage, a private driveway accommodating multiple vehicles, and is nestled on a quiet, family-friendly street. Conveniently located close to parks, top-rated schools, community centres, public transit, and the vibrant amenities of Yonge Street.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13522398
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 50 × 133 ft
- Cross streets
- Yonge/Drewry/Bathurst
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown, Asphalt Rolled, Flat
- Sewer
- Sewer
- Property tax
- $8,566 / 2025
- Days on market
- 13
- Listing brokerage
- HOMELIFE GOLDEN PALACE REALTY INC.
Rooms
ceramic floor · open concept · window
hardwood floor · fireplace · w/o to deck
ceramic floor · fireplace · window
hardwood floor · closet · window
ceramic floor · breakfast area · window
hardwood floor · closet · window
hardwood floor · renovated · window
hardwood floor · 4 pc bath · double closet
hardwood floor · closet · window
hardwood floor · renovated · window
hardwood floor · sliding doors · w/o to deck
Listed at $1,799,000, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($654/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.
Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.08M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.19M
- Bathrooms +$15K
- Adjusts to $1.20M
That comparable adjusts to $1.20M; the $2.09M estimate above is the median of all 13 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. Peckham Ave at Pleasant Ave South Side is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $2.09M, median of 13 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
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 2% above the area average of $644/sqft.
12 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
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Peckham Ave at Pleasant Ave South Side, about 355 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,439,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,680
- Property tax
- $714
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,394
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,455
- Toronto municipal land transfer tax
- $32,455
- Estimated closing costs
- $64,910
Plus your down payment of $359,800. 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
- $460,806
- Principal paid down
- $183,282
- Interest paid
- $277,524
- Balance remaining
- $1,255,918
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 HOMELIFE GOLDEN PALACE REALTY INC.. MLS®/PropTx.