741 Milverton Boulevard, Toronto, ON
Woodbine-Lumsden, Toronto · MLS® E13170396
About this home
Charming renovated detached bungalow on a 20 x 87 ft lot in desirable Woodbine-Lumsden, East York, a short walk to Woodbine subway station for an easy ride downtown and across the city, and close to Danforth shops, parks, schools, the Beach and key routes including the DVP and Gardiner/QEW. Thoughtfully updated with engineered bamboo flooring, crystal light fixtures, potlights, and a bright living space, this home features a chef's kitchen with granite counters and backsplash, stainless steel appliances including Bertazzoni Italian gas range, double stainless steel sink and walk-out to the backyard deck. Extensive 2018 improvements include central air conditioning, electrical panel, roof, doors, front and back decks, baseboards, trim/mouldings, front patio enclosure, carport and a sump pump for added peace of mind - creating extra comfort, efficiency and additional covered outdoor and storage space. Washer and dryer replaced in 2019. Custom finished basement in 2020 with fresh laminate flooring, two flexible bedrooms or bedroom plus family room, a 3-piece ensuite and convenient laundry, ideal for guests, work-from-home or future income potential (where permitted). Private lane access with parking for two cars, with flexibility to add more spaces if desired. Move in and enjoy now, with the flexibility to add a storey or explore future redevelopment.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13170396
- Bedrooms
- 3 (1 + 2)
- Bathrooms
- 2
- Size
- 700 sq ft
- Lot
- 20.25 × 87.22 ft
- Cross streets
- Woodbine & Danforth
- Parking
- 2 parking
- Driveway
- Lane
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air, None
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,770 / 2025
- Days on market
- 58
- Listing brokerage
- MODERN SOLUTION REALTY INC.
Rooms
hardwood floor · open concept · pot lights
above grade window · b/i shelves · 3 pc bath
laminate · above grade window · closet
hardwood floor · california shutters
hardwood floor · electric fireplace · pot lights
laminate · closet · above grade window
hardwood floor · granite counters · stainless steel appl
Listed at $899,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Woodbine-Lumsden lately, sellers have been getting about 102% of asking and homes sell in about 16 days.
Based on 30 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 30 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $726K, a close match.
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, sold for $893K
- Adjusts to $893K
That comparable adjusts to $893K; the $752K estimate above is the median of all 30 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Gledhill Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $752K, median of 30 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.
- 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
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 39% above the area average of $925/sqft.
57 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Woodbine-Lumsden, 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 $719,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,838
- Property tax
- $314
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,152
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Toronto municipal land transfer tax
- $14,455
- Estimated closing costs
- $28,910
Plus your down payment of $179,800. 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
- $230,275
- Principal paid down
- $91,590
- Interest paid
- $138,685
- Balance remaining
- $627,610
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
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 MODERN SOLUTION REALTY INC.. MLS®/PropTx.