68 Transwell Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C14086468

$1,288,800
For Sale
Listed 3 days agoNo offer date stated
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3+2Bedrooms
3Bathrooms
1Garage · 5 parking
700Sq ft

About this home

In short

  • Welcome to 68 Transwell Ave, a charming single-family bungalow set on a rare and expansive pie-shaped lot in one of North York's most desirable, family friendly...
  • Offering exceptional outdoor privacy, this versatile property features confirmed multiplex development potential, making it a standout opportunity for builders and...

Welcome to 68 Transwell Ave, a charming single-family bungalow set on a rare and expansive pie-shaped lot in one of North York's most desirable, family friendly neighborhoods. Offering exceptional outdoor privacy, this versatile property features confirmed multiplex development potential, making it a standout opportunity for builders and developers, while remaining equally ideal for end users looking to customize or investors seeking strong rental yield. Perfectly situated just minutes from Finch Station, Yonge Street, top rated schools, parks, and vibrant community amenities, this exceptional home delivers the ultimate blend of prime location, everyday convenience, and outstanding future value.

Key facts

Property type
Detached, Bungalow
MLS®
C14086468
Bedrooms
3+2 (5 total)
Bathrooms
3
Size
700 sq ft
Lot
40 × 149 ft
Cross streets
Bathurst St/ Drewry Ave
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Apartment, Separate Entrance, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,064 / 2026
Days on market
3
Listing brokerage
CENTURY 21 NEW CONCEPT

Rooms

Primary BedroomMain4.50 × 3.40 m

hardwood floor · closet

Bedroom 2Main3.38 × 3.10 m

hardwood floor · closet

KitchenMain3.65 × 3.45 m

pot lights · ceramic floor

Bedroom 3Main3.50 × 3.32 m

hardwood floor · closet

Dining RoomMain3.35 × 3.15 m

Hardwood Floor

SunroomMain4.75 × 3.12 m
BedroomBasement4.26 × 3.65 m

Laminate

Living RoomMain5.30 × 3.85 m

open concept · hardwood floor

BedroomBasement6.31 × 4.26 m

Laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.24Mlikely sale price

Listed at $1,288,800. Going by how homes in Newtonbrook West and the wider GTA have actually closed against their asking prices (about 96%, 17 local closings in 90 days), the likely sale price is near $1.24M, if it sells. A realistic range is $1.16M to $1.40M.

Independent value check: $1.15M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.08M and $1.21M).

Why $1.15M. The typical detached home sold in Newtonbrook West over the past year went for about $1.19M (79 sales). What sets this one apart:

  • ▼ Lowers itIt is 700 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $8,064 a year; the typical home sold here pays about $7,100.
  • ▼ Lowers it slightly1 garage and 5 total parking spaces, against 2 and 5 typically.
List price
$1.16MBelow recent closings$1.40MAbove recent closings

Total price vs nearby homes. Likely closing about $1.24M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.45Mmedian sold price
96%of asking, on average
+15%prices vs a year ago
~20 dayshomes like this take to sell
3days on market so far
$3,895/moest. rent · 21 leases
3.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 5 detached homes for sale in the area against 17 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 $1,841/sqft against an area asking average of $1,058/sqft.

  • 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 193 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. 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

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $989K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. 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 17 comparable homes that sold in Newtonbrook West over the past two years, from 135 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook West · asking prices
$1.70Mavg 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 $1.15M, which is where my estimate comes from.

Per square foot, these ask about $1,892/sqft; this home lists at $1,841/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.29MThis home1.36M949k2.80MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newtonbrook West: $1.68M in August 2026, up 15% from a year ago, on 70 closings in 9 months.

Oct 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.22M6
November 2025$1.10M7
December 2025$1.19M5
March 2026$1.02M5
April 2026$1.20M10
May 2026$1.22M13
June 2026$1.20M10
July 2026$1.13M7
August 2026$1.68M7

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
$2.19M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Steeles
$1.20M

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 · 1.1 km awayBelow the GTA average · 60% meet the provincial standard
Fisherville Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
North West Secondary Alternative School · Public secondary0.4 km
St Antoine Daniel Catholic School · Catholic elementary0.9 km · 58% at standard
Yorkview Public School · Public elementary1.0 km · 52% at standard
Pleasant Public School · Public elementary1.1 km · 58% at standard
Rockford Public School · Public elementary1.1 km · 54% at standard
Churchill Public School · Public elementary1.6 km · 83% at standard
Drewry Secondary School · Public secondary1.6 km
Willowdale Middle School · Public elementary1.7 km · 78% at standard
Newtonbrook Secondary School · Public secondary1.7 km · 68% at standard
St Cyril Catholic School · Catholic elementary1.9 km · 90% at standard
Charles H Best Junior and Middle School · Public elementary2.2 km · 49% at standard
Wilmington Elementary School · Public elementary2.2 km · 67% at standard

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

Affordability & Mortgage

Affordability
$5,874/mo
$249KIncome needed
5.2×Price ÷ income
$1,356Weekly cost
$44,502Land 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 $5,874Property tax $672Total carry $6,546

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)
$5,701per month

Mortgage amount $1,031,040 · 4.49% over 25 years

$257,760Down payment (20.0%)
$1,031,040Loan before insurance
$0CMHC premium
$6,373Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,701
Property tax
$672
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,373

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

One-time closing costs

Ontario land transfer tax
$22,251
Toronto municipal land transfer tax
$22,251
Estimated closing costs
$44,502

Plus your down payment of $257,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,900/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

$679,199Total interest paid
$1,710,239Total of all payments
Principal $1,031,040 Interest $679,199
YearPrincipalInterestBalance
1$23,008$45,401$1,008,032
2$24,053$44,356$983,978
3$25,145$43,264$958,833
4$26,287$42,123$932,546
5$27,480$40,929$905,066
6$28,728$39,681$876,338
7$30,033$38,377$846,305
8$31,396$37,013$814,909
9$32,822$35,588$782,088
10$34,312$34,098$747,776
11$35,870$32,540$711,906
12$37,498$30,911$674,408
13$39,201$29,209$635,207
14$40,981$27,429$594,226
15$42,842$25,568$551,384
16$44,787$23,623$506,597
17$46,820$21,589$459,777
18$48,946$19,464$410,831
19$51,168$17,241$359,663
20$53,492$14,918$306,171
21$55,920$12,489$250,251
22$58,459$9,950$191,791
23$61,114$7,296$130,678
24$63,888$4,521$66,789
25$66,789$1,620$0

At the end of your 5-year term

Total paid over the term
$342,048
Principal paid down
$125,974
Interest paid
$216,074
Balance remaining
$905,066

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 21 whole-home leases in Newtonbrook West$3,895/mo
$46,740Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,365 to $4,547Typical rent range
~22 daysTo find a tenant, on average

The suite is real income here: basements rent in Newtonbrook West (44 of 193 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 numbers

The last 21 whole-home leases in Newtonbrook West signed at a median of $4,185 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,895. 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.

3.6%
Gross yield
− Property tax $8,064− Insurance $1,400− Vacancy & upkeep $5,141Net operating income $32,134

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 NEW CONCEPT. MLS®/PropTx.

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