573 Northcliffe Boulevard, Toronto, ON

Oakwood Village, Toronto · MLS® C13816112

$978,000
For Sale
Listed 23 days agoOffers anytime

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2+1Bedrooms
2Bathrooms
2Garage · 8 parking
700-1100Sq ft

About this home

In short

  • Welcome to this charming, move-in-ready detached bungalow in the heart of Oakwood Village, set on an exceptional 30 x 120 ft lot with a private driveway and...
  • The bright, open-concept main floor features hardwood floors, a bay window and fireplace, plus an updated kitchen and bathroom, fresh paint and updated mechanicals.
  • Outside, the private drive leads to a newer detached 2-car garage plus storage shed.
  • A recent feasibility report identifies potential for a single-family home of approximately 2,750 sq. ft. plus basement and confirms eligibility for a 2-storey garden...

Offers anytime! Welcome to this charming, move-in-ready detached bungalow in the heart of Oakwood Village, set on an exceptional 30 x 120 ft lot with a private driveway and incredible future potential. The bright, open-concept main floor features hardwood floors, a bay window and fireplace, plus an updated kitchen and bathroom, fresh paint and updated mechanicals. Two bedrooms overlook the backyard, while the finished lower level offers a separate bedroom, kitchen and spacious living/dining area-ideal for extended family, guests or potential rental income. Outside, the private drive leads to a newer detached 2-car garage plus storage shed. Move in and enjoy today, renovate or substantially expand in the future. A recent feasibility report identifies potential for a single-family home of approximately 2,750 sq. ft. plus basement and confirms eligibility for a 2-storey garden suite of up to approximately 1,291 sq. ft., with further potential for multi-unit redevelopment of up to 6 units, subject to applicable requirements and approvals. All this on a quiet residential street steps from neighbourhood favourites like Doce Minho Bakery, DAM Sandwiches, Oakwood Espresso and Nonna Lia, along with parks, shops and the vibrant Oakwood strip, and within walking distance of the Eglinton LRT. A fantastic home today with exceptional flexibility for tomorrow.

Key facts

Property type
Detached, Bungalow
MLS®
C13816112
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
30 × 120 ft
Cross streets
Dufferin/Rogers
Parking
2 garage · 8 parking (detached)
Driveway
Private
Basement
Apartment
Heating
Water
A/C
None
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$4,517 / 2025
Days on market
23
Listing brokerage
PROPERTY.CA INC.

Rooms

Living RoomMain4.70 × 3.50 m

hardwood floor · open concept · bay window

BedroomMain3.50 × 2.70 m

hardwood floor · closet · overlooks backyard

Living RoomBasement7.80 × 3.30 m

laminate · open concept · combined w/dining

Primary BedroomMain4.60 × 3.10 m

hardwood floor · closet · overlooks backyard

KitchenMain2.70 × 4.30 m

ceramic floor · centre island · stainless steel appl

Dining RoomBasement7.80 × 3.30 m

laminate · open concept · combined w/living

KitchenBasement3.00 × 4.20 m

modern kitchen · laminate · window

LaundryBasement2.26 × 2.26 m

Ceramic Floor

BedroomBasement2.70 × 3.30 m

laminate · closet · window

Dining RoomMain2.80 × 3.50 m

hardwood floor · open concept · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Fairbank Public 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

Oakwood Village, 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.

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 Fairbank Public School
59%
Fairbank Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 59% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John Bosco Catholic School · Catholic elementary0.5 km · 65% at standard
St Thomas Aquinas Catholic School · Catholic elementary0.5 km · 74% at standard
Fairbank Memorial Community School · Public elementary0.8 km · 66% at standard
J R Wilcox Community School · Public elementary0.9 km · 72% at standard
Rawlinson Community School · Public elementary1.0 km · 63% at standard
Stella Maris Catholic School · Catholic elementary1.3 km · 76% at standard
Cedarvale Community School · Public elementary1.3 km · 85% at standard
F H Miller Junior Public School · Public elementary1.3 km · 78% at standard
St Clare Catholic School · Catholic elementary1.4 km · 72% at standard
St Alphonsus Catholic School · Catholic elementary1.5 km · 74% at standard
St Nicholas of Bari Catholic School · Catholic elementary1.5 km · 59% at standard
Humewood Community School · Public elementary1.5 km · 75% at standard

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

Affordability & Mortgage

Affordability
$4,457/mo
$185KIncome needed
5.3×Price ÷ income
$1,029Weekly cost
$32,070Land 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 $4,457Property tax $376Total carry $4,834

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,326per month

Mortgage amount $782,400 · 4.49% over 25 years

$195,600Down payment (20.0%)
$782,400Loan before insurance
$0CMHC premium
$4,702Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,326
Property tax
$376
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,702

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

One-time closing costs

Ontario land transfer tax
$16,035
Toronto municipal land transfer tax
$16,035
Estimated closing costs
$32,070

Plus your down payment of $195,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,236/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

$515,407Total interest paid
$1,297,807Total of all payments
Principal $782,400 Interest $515,407
YearPrincipalInterestBalance
1$17,460$34,452$764,940
2$18,253$33,660$746,688
3$19,081$32,831$727,606
4$19,948$31,965$707,659
5$20,853$31,059$686,805
6$21,800$30,112$665,005
7$22,790$29,122$642,215
8$23,825$28,087$618,390
9$24,907$27,006$593,484
10$26,037$25,875$567,446
11$27,220$24,693$540,227
12$28,455$23,457$511,771
13$29,747$22,165$482,024
14$31,098$20,814$450,925
15$32,510$19,402$418,415
16$33,986$17,926$384,429
17$35,529$16,383$348,900
18$37,142$14,770$311,757
19$38,829$13,083$272,928
20$40,592$11,320$232,337
21$42,435$9,477$189,902
22$44,362$7,551$145,540
23$46,376$5,536$99,164
24$48,481$3,431$50,683
25$50,683$1,230$0

At the end of your 5-year term

Total paid over the term
$259,561
Principal paid down
$95,595
Interest paid
$163,967
Balance remaining
$686,805

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$1,450/mo
$17,400Gross annual rent
1.0%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.

1.8%
Gross yield
− Property tax $4,517− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,569

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

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