138 Kennard Avenue, Toronto, ON

Bathurst Manor, Toronto · MLS® C13718090

$1,198,000
For Sale
Listed 15 days agoNo offer date stated
2+2Bedrooms
3Bathrooms
4Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 138 Kennard Avenue, a charming detached bungalow situated on a premium 52' x 114' lot in the highly sought-after Bathurst Manor neighbourhood.
  • The bright family room features hardwood flooring and a skylight, filling the space with natural light.
  • The spacious primary bedroom includes a walk-in closet and a private ensuite bathroom.
  • The finished basement offers additional living space and features a separate entrance, creating excellent potential for extended family living.
  • Additional features include gas forced-air heating, central air conditioning, and a desirable location close to parks, schools, transit, shopping, community...

Welcome to 138 Kennard Avenue, a charming detached bungalow situated on a premium 52' x 114' lot in the highly sought-after Bathurst Manor neighbourhood. This well-maintained, carpet-free home offers a functional layout and comfortable living space for families, downsizers, and investors alike. The bright family room features hardwood flooring and a skylight, filling the space with natural light. The eat-in kitchen is appointed with granite countertops and provides ample space for everyday dining. The spacious primary bedroom includes a walk-in closet and a private ensuite bathroom. Freshly painted throughout, the home is move-in ready. The finished basement offers additional living space and features a separate entrance, creating excellent potential for extended family living. Vinyl plank flooring in the basement for a fresh, modern feel. Enjoy seamless indoor-outdoor living with a walkout from the dining room to a private deck surrounded by mature greenery, providing both shade and privacy. The large driveway accommodates multiple vehicles with ease. Additional features include gas forced-air heating, central air conditioning, and a desirable location close to parks, schools, transit, shopping, community amenities, and major highways. A wonderful opportunity to own a detached bungalow on a generous lot in one of Toronto's most established and family-friendly neighbourhoods.

Key facts

Property type
Detached, Bungalow
MLS®
C13718090
Bedrooms
2+2 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
52.38 × 114.52 ft
Cross streets
Bathurst & Sheppard
Parking
4 parking
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,613 / 2025
Days on market
15
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Bedroom 3Basement3.16 × 3.01 m

vinyl floor · window · closet

Primary BedroomMain4.45 × 4.35 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Game RoomBasement4.78 × 2.71 m

vinyl floor · window

Dining RoomMain3.35 × 3.16 m

hardwood floor · w/o to deck

Living RoomMain6.76 × 3.62 m

hardwood floor · window

Bedroom 4Basement2.74 × 3.16 m

vinyl floor · window · closet

KitchenMain4.66 × 3.07 m

tile floor · granite counters · eat-in kitchen

LaundryBasement6.09 × 2.71 m

Window

Family RoomMain5.76 × 2.98 m

window · skylight

Bedroom 2Main2.89 × 3.29 m

hardwood floor · window · closet

RecreationBasement7.98 × 3.93 m

vinyl floor · window

Our TakeTeam Asgarian · Broker
In line
$1.22Mest. value

Listed at $1,198,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.22M, typically $1.14M to $1.42M. Comparable closings on their own put this home around $1.27M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.33M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.14MBelow recent closings$1.42MAbove recent closings

Total price vs nearby homes. Fair value about $1.22M, median of 47 comparables.

The market behind the math:

15sold nearby · 90 days
$1.26Mmedian sold price
96%of asking, on average
−16%prices vs a year ago
~29 dayshomes like this take to sell
15days on market so far
$3,976/moest. rent · 26 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 7 detached homes for sale in the area against 15 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $922/sqft against an area asking average of $966/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Bathurst Manor: 37 of the 119 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

I take the 47 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.33M, a close match.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 47 comparable homes that sold in Bathurst Manor over the past two years, from 111 closings there.

What sellers nearby are askingCurrently listed nearby in Bathurst Manor · asking prices
$1.30Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $999/sqft; this home lists at $922/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.20MThis home1.19M1.13M1.30M1.57MThis home vs active comparables

Neighbourhood & location

Bathurst Manor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Newtonbrook West
$1.70M
Edenbridge-Humber Valley
$3.99M
Kingsway South
$3.75M
Wexford-Maryvale
$1.10M
Princess-Rosethorn
$3.00M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Wilmington Elementary School
67%
Wilmington Elementary SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 67% meet the provincial standard
Charles H Best Junior Middle SchoolEQAO results not published
Also nearby: 4 more schools within 2.5 km
Charles H Best Junior and Middle School · Public elementary0.7 km · 49% at standard
Dublin Heights Elementary and Middle School · Public elementary1.6 km · 68% at standard
Northview Heights Secondary School · Public secondary1.8 km · 72% at standard
Yorkview Public School · Public elementary2.3 km · 52% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,460/mo
$229KIncome needed
5.2×Price ÷ income
$1,260Weekly cost
$40,870Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $5,460Property tax $551Total carry $6,011

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

$
20.0%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,167per month

Mortgage amount $958,400 · 4.24% over 25 years

$239,600Down payment (20.0%)
$958,400Loan before insurance
$0CMHC premium
$5,718Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,167
Property tax
$551
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,718

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,435
Toronto municipal land transfer tax
$20,435
Estimated closing costs
$40,870

Plus your down payment of $239,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$6,269/monthPayment at the qualifying rate

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

$591,653Total interest paid
$1,550,053Total of all payments
Principal $958,400 Interest $591,653
YearPrincipalInterestBalance
1$22,144$39,858$936,256
2$23,092$38,910$913,164
3$24,082$37,920$889,082
4$25,114$36,888$863,968
5$26,190$35,812$837,778
6$27,312$34,690$810,466
7$28,483$33,520$781,983
8$29,703$32,299$752,280
9$30,976$31,026$721,304
10$32,303$29,699$689,001
11$33,687$28,315$655,314
12$35,131$26,871$620,183
13$36,636$25,366$583,547
14$38,206$23,796$545,341
15$39,843$22,159$505,498
16$41,550$20,452$463,948
17$43,331$18,671$420,617
18$45,187$16,815$375,430
19$47,124$14,879$328,307
20$49,143$12,859$279,164
21$51,249$10,754$227,915
22$53,445$8,558$174,471
23$55,735$6,268$118,736
24$58,123$3,879$60,613
25$60,613$1,389$0

At the end of your 5-year term

Total paid over the term
$310,011
Principal paid down
$120,622
Interest paid
$189,388
Balance remaining
$837,778

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.

Let's connect

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

Rental yield
From 26 whole-home leases in Bathurst Manor$3,976/mo
$47,712Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,339 to $4,326Typical rent range
~27 daysTo find a tenant, on average

The suite is real income here: basements rent in Bathurst Manor (37 of 119 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 26 whole-home leases in Bathurst Manor signed at a median of $4,068 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,976. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.0%
Gross yield
− Property tax $6,613− Insurance $1,400− Vacancy & upkeep $5,248Net operating income $34,451

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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