65 Akil Thomas Gardens, Toronto, ON

Bendale, Toronto · MLS® E12791696

$1,050,000
For Sale
Listed 207 days agoNo offer date statedPrice drop likely
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4Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Live in luxury at MILA Townhome by Madison Group, nestled in the heart of Scarborough at Midland and Lawrence Intersection.
  • This stunning 3-storey executive townhouse boasts 4 spacious bedrooms, 3.5 modern bathrooms, and attached garage parking.
  • Inside, enjoy an open-concept layout 9-foot ceilings second floor, elegant hardwood, and a stylish kitchen featuring quartz countertops, spacious cabinetry for...
  • The primary bedroom is a retreat with a spa-like ensuite and walk-in closet, while the second bedroom features a private balcony.
  • The unfinished basement is spacious for kids-play or work-out.

Live in luxury at MILA Townhome by Madison Group, nestled in the heart of Scarborough at Midland and Lawrence Intersection. This stunning 3-storey executive townhouse boasts 4 spacious bedrooms, 3.5 modern bathrooms, and attached garage parking. With two entrances, It has three rooms are on the third floor and one bedroom is on the main floor. Inside, enjoy an open-concept layout 9-foot ceilings second floor, elegant hardwood, and a stylish kitchen featuring quartz countertops, spacious cabinetry for storage, and stainless steel appliances. The bright family room opens to a spacious deck with BBQ gas connection perfect for entertaining. The primary bedroom is a retreat with a spa-like ensuite and walk-in closet, while the second bedroom features a private balcony. The unfinished basement is spacious for kids-play or work-out. Located near Highway 401, GO Station, Scarborough Town Centre, and top-rated schools, this home has it all. Don't miss this chance to live in a luxurious home in Scarborough's most sought-after neighborhood.

Key facts

Property type
Townhouse, 3-Storey
MLS®
E12791696
Bedrooms
4
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
13.79 × 80.54 ft
Cross streets
Midland Ave & Lawrence Ave
Parking
1 garage · 2 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,525 / 2025
Days on market
207
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Our TakeTeam Asgarian · Broker
Room to negotiate
$991Kest. value

Listed at $1,050,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $991K, typically $971K to $996K. Comparable closings on their own put this home around $854K, 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.

A price cut is the likelier next move. 207 days on the market against about 13 for homes like it here, and asking 6% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

List price
$971KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Fair value about $991K, median of 5 comparables.

The market behind the math:

6sold nearby · 90 days
$935Kmedian sold price
98%of asking, on average
−8%prices vs a year ago
~13 dayshomes like this take to sell
207days on market so far
$3,551/moest. rent · 10 leases
4.1%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $600/sqft against an area asking average of $729/sqft. Size and $/sqft both feed the estimate above.

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.

What the listing highlights4 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Donwood Park Public 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

Priced above comparable homes overall, but the price per square foot ($600/sqft) is below the area, so you are paying for extra space rather than a premium.

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

Based on 5 homes sold on this street over the past two years, from 27 closings in Bendale.

What sellers nearby are askingCurrently listed nearby in Bendale · asking prices
$935kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $534/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.05MThis home950k949k907kThis home vs active comparables

Neighbourhood & location

Bendale, 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.

Clairlea-Birchmount
$850K
Victoria Village
$970K
L'Amoreaux
$677K
Malvern
$690K
Greenwood-Coxwell
$1.15M

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 Donwood Park Public School
57%
Donwood Park Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
David and Mary Thomson Collegiate Institute · Public secondary0.5 km · 52% at standard
Charles Gordon Senior Public School · Public elementary1.0 km
Hunter's Glen Junior Public School · Public elementary1.1 km · 66% at standard
Winston Churchill Collegiate Institute · Public secondary1.3 km · 44% at standard
Dorset Park Public School · Public elementary1.3 km · 62% at standard
St Albert Catholic School · Catholic elementary1.3 km · 66% at standard
Edgewood Public School · Public elementary1.3 km · 36% at standard
St Lawrence Catholic School · Catholic elementary1.3 km · 59% at standard
Lord Roberts Junior Public School · Public elementary1.5 km · 69% at standard
General Crerar Public School · Public elementary1.5 km · 57% at standard
St Andrews Public School · Public elementary1.6 km · 77% at standard
Knob Hill Public School · Public elementary1.6 km · 57% at standard

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

Affordability & Mortgage

Affordability
$4,786/mo
$197KIncome needed
5.3×Price ÷ income
$1,104Weekly cost
$34,950Land 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.

93%mortgage
Mortgage $4,786Property tax $377Total carry $5,163

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)
$4,529per month

Mortgage amount $840,000 · 4.24% over 25 years

$210,000Down payment (20.0%)
$840,000Loan before insurance
$0CMHC premium
$4,906Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,529
Property tax
$377
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,906

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

One-time closing costs

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Estimated closing costs
$34,950

Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,495/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

$518,560Total interest paid
$1,358,560Total of all payments
Principal $840,000 Interest $518,560
YearPrincipalInterestBalance
1$19,408$34,934$820,592
2$20,240$34,103$800,352
3$21,107$33,235$779,245
4$22,011$32,331$757,234
5$22,955$31,388$734,279
6$23,938$30,404$710,341
7$24,964$29,379$685,378
8$26,034$28,309$659,344
9$27,149$27,193$632,195
10$28,312$26,030$603,883
11$29,526$24,817$574,357
12$30,791$23,552$543,566
13$32,110$22,232$511,456
14$33,486$20,856$477,970
15$34,921$19,422$443,049
16$36,417$17,925$406,632
17$37,978$16,365$368,655
18$39,605$14,737$329,050
19$41,302$13,040$287,748
20$43,072$11,271$244,676
21$44,917$9,425$199,759
22$46,842$7,500$152,917
23$48,849$5,493$104,068
24$50,942$3,400$53,125
25$53,125$1,217$0

At the end of your 5-year term

Total paid over the term
$271,712
Principal paid down
$105,721
Interest paid
$165,992
Balance remaining
$734,279

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 10 whole-home leases in Bendale$3,551/mo
$42,612Gross annual rent
3.0%Cap rate after taxes and upkeep
$3,267 to $3,835Typical rent range
~35 daysTo find a tenant, on average

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 10 whole-home leases in Bendale signed at a median of $3,528 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,551. 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.

4.1%
Gross yield
− Property tax $4,525− Insurance $1,400− Vacancy & upkeep $4,687Net operating income $32,000

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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