37 Tefley Road, Toronto, ON

Newtonbrook West, Toronto · MLS® C13784806

$1,290,000
For Sale
Listed 34 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 5 parking
1500-2000Sq ft

About this home

In short

  • ATTENTION BUILDERS, INVESTORS & END-USERS - A RARE 66 X 129 FT LOT IN NEWTONBROOK WEST.
  • The existing solid-brick bungalow is well-maintained, functional and completely livable as-is, offering 3+1 bedrooms, 3 bathrooms, hardwood floors, an oversized...
  • The expansive 66-foot frontage, deep 129-foot lot and mature private backyard create exciting possibilities for builders, investors and end-users alike.
  • 200-amp electrical service and ample driveway parking.
  • Conveniently located near Yonge Street, Finch Subway Station, TTC, schools, parks, shopping, restaurants and Highway 401.

ATTENTION BUILDERS, INVESTORS & END-USERS - A RARE 66 X 129 FT LOT IN NEWTONBROOK WEST! An outstanding opportunity to secure an exceptionally wide property in an established North York neighbourhood surrounded by substantial redevelopment and multi-million-dollar homes. Move in and enjoy today, invest and hold, or build your dream home in the future. The existing solid-brick bungalow is well-maintained, functional and completely livable as-is, offering 3+1 bedrooms, 3 bathrooms, hardwood floors, an oversized attached garage and a finished lower level with separate entrance, second kitchen and additional living space - ideal for extended family or potential income. The expansive 66-foot frontage, deep 129-foot lot and mature private backyard create exciting possibilities for builders, investors and end-users alike. 200-amp electrical service and ample driveway parking. Conveniently located near Yonge Street, Finch Subway Station, TTC, schools, parks, shopping, restaurants and Highway 401. A compelling opportunity to own a substantial piece of North York land with a home you can comfortably live in today and exceptional potential for tomorrow - bring your vision and capitalize on the possibilities.

Key facts

Property type
Detached, Bungalow
MLS®
C13784806
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
66.07 × 129.4 ft
Cross streets
Yonge & Drewry
Parking
1 garage · 5 parking (attached)
Driveway
Available, Private
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,410 / 2026
Days on market
34
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

BedroomLower6.84 × 3.00 m

above grade window · closet · laminate

KitchenMain4.00 × 2.99 m

tile floor · window · breakfast area

Living RoomMain6.50 × 3.00 m

hardwood floor · crown moulding · combined w/dining

Dining RoomMain2.99 × 2.99 m

picture window · combined w/living · hardwood floor

Primary BedroomMain3.99 × 3.80 m

hardwood floor · window · closet

RecreationLower5.69 × 3.59 m

stone fireplace · laminate · above grade window

Bedroom 2Main3.80 × 2.99 m

picture window · closet · hardwood floor

KitchenLower2.56 × 2.10 m

above grade window · tile floor · stainless steel sink

Bedroom 3Main3.80 × 2.99 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Newtonbrook West, 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.

Willowdale East
$2.29M
Banbury-Don Mills
$5.50M
Leaside
$2.48M
Steeles
$1.20M
Wexford-Maryvale
$849K

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 60% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Antoine Daniel Catholic School · Catholic elementary0.6 km · 58% at standard
Fisherville Senior Public School · Public elementary0.9 km
North West Secondary Alternative School · Public secondary0.9 km
Pleasant Public School · Public elementary0.9 km · 58% at standard
Drewry Secondary School · Public secondary0.9 km
Yorkview Public School · Public elementary1.2 km · 52% at standard
Newtonbrook Secondary School · Public secondary1.3 km · 68% at standard
St Cyril Catholic School · Catholic elementary1.3 km · 90% at standard
Churchill Public School · Public elementary1.3 km · 83% at standard
Willowdale Middle School · Public elementary1.5 km · 78% at standard
Northview Heights Secondary School · Public secondary1.6 km · 72% at standard
Rockford Public School · Public elementary1.8 km · 54% at standard

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

Affordability & Mortgage

Affordability
$5,879/mo
$247KIncome needed
5.2×Price ÷ income
$1,357Weekly cost
$44,550Land 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.

90%mortgage
Mortgage $5,879Property tax $618Total carry $6,497

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,706per month

Mortgage amount $1,032,000 · 4.49% over 25 years

$258,000Down payment (20.0%)
$1,032,000Loan before insurance
$0CMHC premium
$6,324Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,706
Property tax
$618
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,324

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

One-time closing costs

Ontario land transfer tax
$22,275
Toronto municipal land transfer tax
$22,275
Estimated closing costs
$44,550

Plus your down payment of $258,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,906/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

$679,832Total interest paid
$1,711,832Total of all payments
Principal $1,032,000 Interest $679,832
YearPrincipalInterestBalance
1$23,030$45,443$1,008,970
2$24,075$44,398$984,895
3$25,169$43,305$959,726
4$26,311$42,162$933,415
5$27,506$40,967$905,909
6$28,755$39,718$877,154
7$30,060$38,413$847,093
8$31,425$37,048$815,668
9$32,852$35,621$782,816
10$34,344$34,129$748,472
11$35,903$32,570$712,569
12$37,533$30,940$675,035
13$39,237$29,236$635,798
14$41,019$27,454$594,779
15$42,881$25,592$551,898
16$44,828$23,645$507,069
17$46,864$21,609$460,205
18$48,992$19,482$411,214
19$51,216$17,257$359,998
20$53,541$14,932$306,456
21$55,972$12,501$250,484
22$58,514$9,959$191,970
23$61,171$7,303$130,799
24$63,948$4,525$66,851
25$66,851$1,622$0

At the end of your 5-year term

Total paid over the term
$342,366
Principal paid down
$126,091
Interest paid
$216,275
Balance remaining
$905,909

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
Estimate$3,150/mo
$37,800Gross annual rent
1.9%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

2.9%
Gross yield
− Property tax $7,410− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,832

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

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