119 Reiner Road, Toronto, ON

Clanton Park, Toronto · MLS® C13774156

$1,345,000
For Sale
Just listed todayNo offer date stated
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3+3Bedrooms
3Bathrooms
4Parking
700-1100Sq ft

About this home

In short

  • Welcome to this beautifully renovated and redesigned turnkey bungalow set on an exceptional 44 x 163 ft lot in the heart of Clanton Park.
  • Offering stylish modern finishes, a versatile layout, and an incredible private backyard oasis, this home delivers the perfect blend of comfort, functionality, and...
  • Step inside to a bright, open-concept main floor featuring engineered hardwood flooring and expansive windows that fill the home with natural light.
  • The lower level expands the home's versatility with a bright and functional 2-bedroom in-law suite with separate entrance, featuring a comfortable living area ideal...
  • Beautifully renovated, exceptionally maintained, and sitting on a premium oversized lot, 119 Reiner Rd is a home you'll be proud to call your own.

Welcome to this beautifully renovated and redesigned turnkey bungalow set on an exceptional 44 x 163 ft lot in the heart of Clanton Park. Offering stylish modern finishes, a versatile layout, and an incredible private backyard oasis, this home delivers the perfect blend of comfort, functionality, and outdoor living.Step inside to a bright, open-concept main floor featuring engineered hardwood flooring and expansive windows that fill the home with natural light. The inviting living and dining area seamlessly flow into the stunning kitchen, complete with contemporary cabinetry, quartz countertops and stainless steel appliances.The functional bedrooms offer a warm and relaxing retreat with custom built-in closets and shelving, while the spa-inspired bathroom has been newly renovated with floor-to-ceiling porcelain tile, a curb-less shower and elegant modern finishes that create a luxurious resort-inspired experience.The lower level expands the home's versatility with a bright and functional 2-bedroom in-law suite with separate entrance, featuring a comfortable living area ideal for extended family, or valuable rental income potential. Other separate half of basement can be used as rec room for kids or office.Outside, discover one of the property's most impressive features: a spectacular oversized backyard retreat with a 20'x20' deck, perfect for outdoor entertaining. The fully fenced, private backyard offers endless space for children to play, gardening enthusiasts, outdoor entertaining, or future expansion possibilities.Beautifully renovated, exceptionally maintained, and sitting on a premium oversized lot, 119 Reiner Rd is a home you'll be proud to call your own.

Key facts

Property type
Detached, Bungalow
MLS®
C13774156
Bedrooms
3+3 (6 total)
Bathrooms
3 (1 half)
Size
700-1100 sq ft
Lot
43.79 × 163.29 ft
Cross streets
Bathurst/Sheppard
Parking
4 parking
Driveway
Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$6,146 / 2025
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Dining RoomGround3.44 × 1.94 m

hardwood floor · pot lights

BedroomGround3.35 × 3.23 m

hardwood floor · b/i closet · w/o to patio

KitchenGround4.25 × 2.49 m

hardwood floor · quartz counter · casement windows

BedroomBasement3.06 × 2.99 m
BedroomBasement2.94 × 4.06 m

broadloom · above grade window

BedroomBasement3.07 × 3.21 m

broadloom · above grade window

KitchenBasement4.76 × 4.16 m

vinyl floor · b/i oven · b/i fridge

LaundryBasement1.60 × 3.02 m

vinyl floor · above grade window

Primary BedroomGround4.23 × 3.23 m

hardwood floor · b/i closet · casement windows

BedroomGround3.17 × 3.13 m

hardwood floor · large window · closet

Living RoomGround4.42 × 3.22 m

hardwood floor · picture window · pot lights

RecreationBasement5.99 × 2.52 m

broadloom · above grade window · 2 pc bath

Our TakeTeam Asgarian · Broker
In line
$1.27Mest. value

Listed at $1,345,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.27M, typically $1.05M to $1.39M. Comparable closings on their own put this home around $1.08M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $1.09M. 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
$1.05MBelow recent closings$1.39MAbove recent closings

Total price vs nearby homes. Fair value about $1.27M, median of 24 comparables.

The market behind the math:

18sold nearby · 90 days
$1.33Mmedian sold price
95%of asking, on average
−5%prices vs a year ago
~28 dayshomes like this take to sell
$4,440/moest. rent · 9 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 13 detached homes for sale in the area against 18 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 $1,494/sqft against an area asking average of $826/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 3 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 Clanton Park: 20 of the 68 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 24 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 $1.09M, a bit lower.

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
  • 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Clanton Park, so I widened the search to the surrounding area.

Based on 24 comparable homes that sold in Clanton Park over the past two years, from 129 closings there.

What sellers nearby are askingCurrently listed nearby in Clanton Park · asking prices
$1.18Mavg asking

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 $1.08M, which is where my estimate comes from.

Per square foot, these ask about $907/sqft; this home lists at $1,494/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.34MThis home1.25M1.39M900kThis home vs active comparables

Neighbourhood & location

Clanton Park, 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
Wexford-Maryvale
$982K
Kingsway South
$3.75M
High Park-Swansea
$1.47M

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 Dublin Heights Elementary and Middle School
68%
Dublin Heights Elementary and Middle SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
Faywood Arts-Based Curriculum School · Public elementary1.2 km · 70% at standard
Summit Heights Public School · Public elementary1.7 km · 85% at standard
Cameron Public School · Public elementary2.1 km · 81% at standard
Charles H Best Junior and Middle School · Public elementary2.1 km · 49% at standard
St Margaret Catholic School · Catholic elementary2.2 km · 82% at standard
St Norbert Catholic School · Catholic elementary2.3 km · 70% at standard
Wilmington Elementary School · Public elementary2.3 km · 67% at standard
Armour Heights Public School · Public elementary2.4 km · 70% at standard
Baycrest Public School · Public elementary2.4 km · 69% at standard

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

Affordability & Mortgage

Affordability
$6,130/mo
$253KIncome needed
5.3×Price ÷ income
$1,415Weekly cost
$46,750Land 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.

92%mortgage
Mortgage $6,130Property tax $512Total carry $6,642

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)
$5,801per month

Mortgage amount $1,076,000 · 4.24% over 25 years

$269,000Down payment (20.0%)
$1,076,000Loan before insurance
$0CMHC premium
$6,313Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,801
Property tax
$512
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,313

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

One-time closing costs

Ontario land transfer tax
$23,375
Toronto municipal land transfer tax
$23,375
Estimated closing costs
$46,750

Plus your down payment of $269,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,039/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

$664,251Total interest paid
$1,740,251Total of all payments
Principal $1,076,000 Interest $664,251
YearPrincipalInterestBalance
1$24,861$44,749$1,051,139
2$25,926$43,684$1,025,213
3$27,037$42,573$998,176
4$28,195$41,415$969,981
5$29,404$40,206$940,577
6$30,664$38,946$909,913
7$31,977$37,633$877,936
8$33,348$36,262$844,588
9$34,777$34,833$809,812
10$36,267$33,343$773,545
11$37,821$31,789$735,724
12$39,441$30,169$696,283
13$41,131$28,479$655,151
14$42,894$26,716$612,257
15$44,732$24,878$567,525
16$46,649$22,961$520,877
17$48,648$20,963$472,229
18$50,732$18,878$421,497
19$52,906$16,704$368,591
20$55,173$14,437$313,418
21$57,537$12,073$255,881
22$60,002$9,608$195,879
23$62,573$7,037$133,306
24$65,255$4,355$68,051
25$68,051$1,559$0

At the end of your 5-year term

Total paid over the term
$348,050
Principal paid down
$135,423
Interest paid
$212,627
Balance remaining
$940,577

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 9 whole-home leases in Clanton Park$4,440/mo
$53,280Gross annual rent
3.0%Cap rate after taxes and upkeep
$4,085 to $5,223Typical rent range

The suite is real income here: basements rent in Clanton Park (20 of 68 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 9 whole-home leases in Clanton Park signed at a median of $5,048 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,440. 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 $6,146− Insurance $1,400− Vacancy & upkeep $5,861Net operating income $39,873

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

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