329 Morningside Avenue, Toronto, ON

West Hill, Toronto · MLS® E13225954

$1,500,000
For Sale
Listed 52 days ago
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◎ Directions
3Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq Ft
7 schools20+ transit stops9 parks20+ restaurantswithin 1.5 km

About this home

Redevelopment opportunity. Ideally Located This 3+1 Bedroom Home Offers All You Need To Live In Or Rent As 2 Units With Their Own Main Floor Entrances Just By Adding A Wall. Sitting On A 50 X 140 Mature Lot W Lots Of Parking & A Separate Garage The Main Unit Offers 3 Bedrooms, An Eat In Kitchen, Separate Dining Room & A Large Living Room With Walk Out To An Extra Large Backyard For Family Fun. The Basement Is Ideally Setup As A 1 Bdrm Rental Unit.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
E13225954
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
50.01 × 140.25 ft
Cross streets
Morningside Ave / Kinston
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$2,828 / 2026
Days on market
52
Listing brokerage
MASTER`S CHOICE REALTY INC.

Rooms

Dining RoomMain3.80 × 3.40 m

Parquet

Primary BedroomSecond4.00 × 3.00 m
KitchenMain3.00 × 3.10 m

ceramic floor · eat-in kitchen

KitchenBasement5.16 × 4.40 m
BedroomMain3.20 × 2.70 m
BedroomSecond3.60 × 1.00 m
Living RoomMain5.50 × 4.50 m

W/O To Deck

BedroomBasement4.60 × 3.67 m
Our TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 345 Morningside Avenue is about a 1-minute walk away.

Comparable listingsCurrently listed nearby · asking prices
$909kavg asking

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

A-21 Wexford Boulevard$899k3 Hardisty Drive$929k24 Rectory Road$900k

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home899k929k900kThis home vs active comparables
Live market pulseActive comparables in West Hill · median list $964K
$1,154this home / sqft
28active listings nearby
52days on market
89sold nearby · 90 days
$910Kmedian sold price
98%of asking, on average

51 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

West Hill, 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.

Getting around

59/ 100

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 OpenStreetMap contributors.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: 345 Morningside Avenue, about 111 m away

20+ transit stops4 grocery20+ dining9 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Woburn
$900K
Clairlea-Birchmount
$880K
L'Amoreaux
$1.54M
Danforth Village-East York
$883K
Leaside
$1.73M

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 St. Martin De Porres
44%
St. Martin De PorresCatholic · Elementary · 0.8 km awayBelow the GTA average · 44% meet the provincial standard
West Hill Public SchoolEQAO results not published
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$6,837/mo
$269KIncome needed
5.6×Price ÷ income
$1,578Weekly cost
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.

97%mortgage
Mortgage $6,837Property tax $236Total carry $7,072

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,404per month

Mortgage amount $1,200,000 · 4.14% over 25 years

$300,000Down payment (20.0%)
$1,200,000Loan before insurance
$0CMHC premium
$6,639Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,404
Property tax
$236
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,639

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

One-time closing costs

Ontario land transfer tax
$26,475
Toronto municipal land transfer tax
$26,475
Estimated closing costs
$52,950

Plus your down payment of $300,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,778/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

$721,094Total interest paid
$1,921,094Total of all payments
Principal $1,200,000 Interest $721,094
YearPrincipalInterestBalance
1$28,112$48,732$1,171,888
2$29,288$47,556$1,142,600
3$30,513$46,331$1,112,088
4$31,789$45,055$1,080,299
5$33,119$43,725$1,047,180
6$34,504$42,340$1,012,676
7$35,947$40,896$976,728
8$37,451$39,393$939,277
9$39,017$37,826$900,260
10$40,650$36,194$859,610
11$42,350$34,494$817,260
12$44,121$32,722$773,139
13$45,967$30,877$727,172
14$47,890$28,954$679,283
15$49,893$26,951$629,390
16$51,980$24,864$577,411
17$54,154$22,690$523,257
18$56,419$20,425$466,838
19$58,779$18,065$408,059
20$61,238$15,606$346,821
21$63,799$13,045$283,022
22$66,468$10,376$216,554
23$69,248$7,596$147,307
24$72,144$4,699$75,162
25$75,162$1,682$0

At the end of your 5-year term

Total paid over the term
$384,219
Principal paid down
$152,820
Interest paid
$231,398
Balance remaining
$1,047,180

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
Estimate$2,300/mo
$27,600Gross annual rent
1.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.8%
Gross yield
− Property tax $2,828− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,336

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MASTER`S CHOICE REALTY INC.. MLS®/PropTx.

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