434 Victoria Park Avenue, Toronto, ON
East End-Danforth, Toronto · MLS® E13119158
About this home
Turnkey Legal Triplex! A Walker's Paradise & Steeps to the Lake! Rare Investment Opportunity in the highly sought-after Upper Beaches, offering strong potential and flexible living options, including living in one unit while renting out the others to help offset ownership costs and maximize value. This well-maintained property features three self-contained units, each with a private entrance plus private parking, with a detached double garage, making it ideal for investors or end-users seeking long-term value. Renovated with high-quality craftsmanship and premium finishes, it combines modern style with practical livability. The main level offers a bright two-bedroom apartment with an open-concept living/dining area and kitchen, two well-sized bedrooms, one with a walk-in closet, and a 3-piece bath. The second level includes a spacious three-bedroom unit with a rear walk-out, two skylights, one in the hallway and one in a bedroom, enhancing natural light. A large kitchen combined with a living/dining area, and the upper-level's primary bedroom with a 3-piece ensuite. The basement features a comfortable and large one-bedroom unit. Three kitchens and a separate in-suite laundry for each unit provide full independence and ease of use for all occupants. Additional features include: 2 tankless water heaters, 2 A/C units, 2 furnaces, 3 hydro meters, an efficient and well-designed mechanical setup that supports simplified utility management and reliable operation across all units. Situated on a good-sized lot close to transit, shops, schools, and everyday amenities. A strong opportunity in a high-demand neighbourhood for investors or homeowners seeking versatile and reliable living options.
Key facts
- Property type
- Other, 3-Storey
- MLS®
- E13119158
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 4
- Size
- 2000-2500
- Lot
- 25 × 108 ft
- Cross streets
- Victoria Park Ave & Kingston Rd
- Parking
- 2 garage · 3 parking (detached)
- Driveway
- Mutual
- Basement
- Finished, Separate Entrance
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Aluminum Siding
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $8,287 / 2025
- Days on market
- 66
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
walk-in closet(s) · 3 pc bath · window
skylight · walk-in closet(s)
large window · pot lights · combined w/kitchen
double closet · window
combined w/living · stainless steel appl · centre island
combined w/dining · combined w/kitchen · w/o to patio
eat-in kitchen · centre island · combined w/living
Listed at $1,529,000, this home is tracking about 24% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 44 similar homes nearby, adjusted for size, beds, and baths.Median of 44 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.68M, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $999K
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $984K
That comparable adjusts to $984K; the $2.02M estimate above is the median of all 44 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Malvern Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Victoria Park Ave at Meadow Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.02M, median of 44 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 18% below the area average of $834/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
East End-Danforth, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Victoria Park Ave at Meadow Ave, about 81 m away
Within a 15-minute (1.5 km) walk.
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,223,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,527
- Property tax
- $691
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,218
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,055
- Toronto municipal land transfer tax
- $27,055
- Estimated closing costs
- $54,110
Plus your down payment of $305,800. 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
- $391,647
- Principal paid down
- $155,775
- Interest paid
- $235,872
- Balance remaining
- $1,067,425
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.