58 Reiber Crescent, Toronto, ON
Bayview Woods-Steeles, Toronto · MLS® C13778110
About this home
In short
- Renovated Stone -Top White Kitchen Separate Walk-Out Basement In-Law Suite with its own Kitchen & Bath.
- Strip Hardwood Flooring Brand New Carpet on Staircase(2026) Spacious Eat-in kitchen, 3+1 Bedrooms 2 Baths Walk-out to Balcony from Living RoomPremium Frontage (40')...
- Jackson SS Freshly Painted(2026) Shows Well High Efficiency Gas Furnace Quiet Child-Safe Crescent with Matured Trees One bust to Subway Convenient Access to "GO"...
Renovated Stone -Top White Kitchen* Separate Walk-Out Basement In-Law Suite with its own Kitchen & Bath! Strip Hardwood Flooring* Brand New Carpet on Staircase(2026)* Spacious Eat-in kitchen, 3+1 Bedrooms* 2 Baths* Walk-out to Balcony from Living Room*Premium Frontage (40') and Depth (139')* Excellent School Catchment area e.g. A.Y. Jackson SS* Freshly Painted(2026)* Shows Well* High Efficiency Gas Furnace* Quiet Child-Safe Crescent with Matured Trees* One bust to Subway* Convenient Access to "GO" Train, Hwy 404,401 & DVP* // Ideal Home for Starter with Potential Income or 2 Families * Seller & Agent do not warrant the retrofit status of the lower apartment unit! // Show & Sell!
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- C13778110
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 40 × 40.07 ft
- Cross streets
- Finch/Pineway
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Available
- Basement
- Separate Entrance, Finished, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,904 / 2025
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
Hardwood Floor
hardwood floor · 4 pc bath · double closet
Window
renovated · eat-in kitchen · stone counters
w/o to yard · 4 pc bath
hardwood floor · closet · window
hardwood floor · closet · window
Hardwood Floor
Broadloom
Laundry Sink
Listed at $988,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $975K, typically $940K to $1.06M. Comparable closings on their own put this home around $944K, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.06M. 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 $975K, median of 5 comparables.
The market behind the math:
About 1.5 months of inventory: 5 semi-detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $760/sqft against an area asking average of $698/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 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 Bayview Woods-Steeles: 11 of the 41 detached leases here lately were basement units, around $1,800 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 5 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 $1.06M, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Zion Heights 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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Bayview Woods-Steeles, so I widened the search to the surrounding area.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Bayview Woods-Steeles, from 28 closings in Bayview Woods-Steeles.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $944K, which is where my estimate comes from.
Per square foot, these ask about $716/sqft; this home lists at $760/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Bayview Woods-Steeles, 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
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 $790,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,261
- Property tax
- $492
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,753
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,235
- Toronto municipal land transfer tax
- $16,235
- Estimated closing costs
- $32,470
Plus your down payment of $197,600. 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
- $255,668
- Principal paid down
- $99,478
- Interest paid
- $156,190
- Balance remaining
- $690,922
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 Bayview Woods-Steeles (11 of 41 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 5 whole-home leases in Bayview Woods-Steeles signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,000. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.