44 Transwell Avenue, Toronto, ON
Newtonbrook West, Toronto · MLS® C13771200
About this home
In short
- The Ultimate Cash-Flow Investment in North York.
- Situated on a premium 60x125-foot lot, this extensively upgraded home offers exceptional flexibility.
- Exceptional Development Potential: The lot meets requirements for an 1100 SF two-storey Garden Suite, subject to municipal approvals, creating additional solid rental...
- Separate entrance to lower level units; New lifetime warranty metal roof; New front & side stone veneer; New 6 car interlock driveway; New large deck overlooking a...
- Upgraded 200-amp main panel & 125-amp sub-panel; New AC & humidifier; Dual-source gas & electric heating options for lower-level units; Custom floor-to-ceiling...
The Ultimate Cash-Flow Investment in North York. Situated on a premium 60x125-foot lot, this extensively upgraded home offers exceptional flexibility. It is designed to function as a premium single-family home, a spacious multi-generational residence, or an income-generating investment with high ROI & unmatched rental income of $7,500/month. Exceptional Development Potential: The lot meets requirements for an 1100 SF two-storey Garden Suite, subject to municipal approvals, creating additional solid rental income. Located near excellent schools, parks & extensive trails, shopping & vibrant dining options. Only 8 minute drive to Finch Subway Station & 12 minutes to York University. Quick access to Highways 401, 404, 400 & 407. Separate entrance to lower level units; New lifetime warranty metal roof; New front & side stone veneer; New 6 car interlock driveway; New large deck overlooking a spacious backyard with mature trees; New high-efficiency windows on all levels bring in lots of light to the basement; New front entrance door & patio door; Many high-efficiency upgrades including R60 attic insulation; New Wi-Fi-enabled garage door & 60-amp line for Level 2 EV fast charging. Upgraded 200-amp main panel & 125-amp sub-panel; New AC & humidifier; Dual-source gas & electric heating options for lower-level units; Custom floor-to-ceiling kitchen cabinetry & premium quartz countertops & matching quartz backsplashes for all units; Dual centre islands & quartz waterfall; Premium stainless steel appliances in all units; Elegant Bathrooms: 24x48-inch porcelain tiles, premium glass shower doors, quality faucets & vanities & Pfister spa unit; Premium wide-plank European oak engineered wood in main floor. Durable rigid-core luxury vinyl planks in lower-level units; Custom interior doors & premium black Weiser handles in all units; Oversized real wood baseboards & trim in all units; Separate laundry rooms for all units with graphite stainless steel washers & dryers.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13771200
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 60 × 125 ft
- Cross streets
- Bathurst St/Drewry Ave
- Parking
- 1 garage · 7 parking (attached)
- Basement
- Separate Entrance
- Kitchens
- 3 (1 + 2)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $7,251 / 2026
- Listing brokerage
- AXXESS REALTY CENTRE INC.
Rooms
hardwood floor · greenhouse window · large closet
open concept · carpet free
hardwood floor · window · closet
hardwood floor · open concept · above grade window
hardwood floor · open concept · combined w/laundry
hardwood floor · large window · double closet
open concept · renovated · breakfast bar
Hardwood Floor
hardwood floor · open concept
hardwood floor · large window · open concept
hardwood floor · window · closet
hardwood floor · open concept
Listed at $1,699,888. My estimate lands at $1.20M, so the ask sits about 41% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Second read, from the city assessment: $1.23M. 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.
Total price vs nearby homes. Fair value about $1.20M, median of 63 comparables.
The market behind the math:
About 2.7 months of inventory: 19 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,308/sqft against an area asking average of $811/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook West: 44 of the 203 detached leases here lately were basement units, around $1,900 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 63 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 $1.23M, a close match.
What the listing highlights4 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
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Northview Heights Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.
Based on 63 comparable homes that sold in Newtonbrook West over the past two years, from 137 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.20M, which is where my estimate comes from.
Per square foot, these ask about $1,167/sqft; this home lists at $1,308/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Newtonbrook West, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,359,910 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,331
- Property tax
- $604
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,936
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,473
- Toronto municipal land transfer tax
- $30,473
- Estimated closing costs
- $60,946
Plus your down payment of $339,978. 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
- $439,886
- Principal paid down
- $171,155
- Interest paid
- $268,731
- Balance remaining
- $1,188,755
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
The suite is real income here: basements rent in Newtonbrook West (44 of 203 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 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 numbersThe last 54 whole-home leases in Newtonbrook West signed at a median of $3,883 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,239. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AXXESS REALTY CENTRE INC.. MLS®/PropTx.