38 Deerfield Road, Toronto, ON
Bendale, Toronto · MLS® E13154222
About this home
Welcome to 38 Deerfield Rd - a beautifully renovated 1.5-storey home offering 3+3 bedrooms, 2 kitchens, and exceptional versatility for families, investors, or multi-generational living. Situated on a premium 40 x 126 ft lot, this property also presents incredible future potential, including the opportunity to build a spacious garden suite. Step inside to discover a bright and airy open-concept layout filled with natural light from oversized windows and enhanced by modern LED lighting throughout. Elegant engineered hardwood flooring adds warmth and sophistication across the home. The stylish chef-inspired kitchen features quartz countertops, sleek cabinetry, stainless steel appliances, and an effortless flow into the living and dining areas - perfect for everyday living and entertaining alike. The inviting family room, complete with a walk-out to the backyard, offers excellent flexibility and can easily serve as a generous main-floor bedroom. Upstairs, you'll find two spacious bedrooms with ample closet space, along with a beautifully updated bathroom showcasing a contemporary vanity, oversized glass shower, and rough-in for second-floor laundry. The fully finished basement with a separate entrance provides outstanding in-law suite or income potential. Complete with a second kitchen, three generously sized bedrooms, a full bathroom, and an additional 2-piece bath, this lower level is bright and functional thanks to its above-grade windows that bring in plenty of natural light. Outside, enjoy a private driveway and attached carport with parking for up to four vehicles. The expansive backyard offers endless opportunities for outdoor entertaining, future additions, or creating the perfect garden suite retreat
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- E13154222
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 4 (2 half)
- Size
- 1100-1500
- Lot
- 40 × 126 ft
- Cross streets
- Brimley Rd & Lawrence Ave
- Parking
- 1 garage · 5 parking (carport)
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,867 / 2026
- Days on market
- 63
- Listing brokerage
- CENTURY 21 INNOVATIVE REALTY INC.
Rooms
porcelain floor · stainless steel appl · quartz counter
tile floor · quartz counter · combined w/laundry
hardwood floor · large closet · large window
combined w/kitchen · led lighting
laminate · above grade window · closet
laminate · above grade window · closet
hardwood floor · w/o to deck · sliding doors
laminate · closet
hardwood floor · led lighting
hardwood floor · combined w/dining
hardwood floor · large closet · large window
Listed at $1,089,000, and my independent estimate is about 15% above what comparable homes suggest.
In Bendale lately, sellers get about 98% of asking; homes sell in ~28 days.
Total price vs nearby homes. Fair value about $945K, median of 83 comparables.
How this estimate is builtthe short version
I take the 83 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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, and the city (MPAC) assessment points to about $783K, a bit lower.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- 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 Hunter's Glen Junior 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 ($838/sqft) is in line with 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 83 comparable homes that recently sold nearby.
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 3% above the area average of $812/sqft.
62 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bendale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $871,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,649
- Property tax
- $322
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,971
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,255
- Toronto municipal land transfer tax
- $18,255
- Estimated closing costs
- $36,510
Plus your down payment of $217,800. 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
- $278,943
- Principal paid down
- $110,948
- Interest paid
- $167,995
- Balance remaining
- $760,252
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 CENTURY 21 INNOVATIVE REALTY INC.. MLS®/PropTx.