18 Edgewood Avenue, Toronto, ON
Woodbine Corridor, Toronto · MLS® E13237382
About this home
Rare opportunity in Toronto's highly sought-after Upper Beach neighbourhood. Built in 1920 and situated on a prominent corner lot at Edgewood Avenue and Maughan Crescent, this detached 2+2 bedroom duplex offers exceptional flexibility for investors, multi-generational families, or those seeking a home with income potential in one of the city's most desirable east-end communities. Featuring two self-contained units, this property presents an excellent opportunity for both end-users and investors.The vacant upper unit offers immediate occupancy or the opportunity to secure market rent, while the main floor is occupied by a long-standing family who have called the property home for nine years and have an established history of timely rent payments, providing dependable income from day one. Gas, hydro, and water are separately metered. The lower level is currently utilized as a laundry and storage area with a separate entrance. Recent improvements include a newer roof (2020), upgraded electrical service (2021), NAVIEN high-efficiency combi boiler (2022), updated upper-level kitchen with new appliances (2026), and new garage doors (2026).The beautifully landscaped corner lot was thoughtfully enhanced by the current owners and features mature Emerald Cedars, Beech, and Copper Beech trees, creating a private setting with outstanding curb appeal. A detached double-car garage, double private driveway, and parking for up to four vehicles complete this exceptional offering. Enjoy the best of Upper Beach living with easy access to The Beaches, parks, schools, community centres, local cafés, restaurants, shopping, and TTC transit. Minutes to downtown while surrounded by the charm and character of a well-established residential community. Whether you're looking to live in one unit and offset expenses with rental income, accommodate extended family, or add a quality investment property to your portfolio, this versatile duplex offers long-term potential in a thriving neighbourhood.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13237382
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 20.49 × 102.25 ft
- Cross streets
- COXWELL AVE & DUNDAS ST EAST
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Full, Unfinished, Separate Entrance
- Heating
- Radiant
- A/C
- None
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,965 / 2025
- Days on market
- 50
- Listing brokerage
- POPE REAL ESTATE LIMITED
Rooms
hardwood floor · south view · closet
hardwood floor · south view · overlooks living
hardwood floor · south view · overlooks living
hardwood floor · walk-in closet(s) · west view
tile floor · separate room · north view
hardwood floor · south view · closet
Concrete Floor
hardwood floor · fireplace · east view
hardwood floor · walk-in closet(s) · west view
Concrete Floor
hardwood floor · fireplace · west view
tile floor · separate room · north view
Listed at $1,249,990, and my independent estimate is within the range of comparable homes, on the lower side.
In Woodbine Corridor lately, sellers get about 105% of asking; homes sell in ~14 days.
Total price vs nearby homes. Fair value about $1.40M, median of 52 comparables.
How this estimate is builtthe short version
I take the 52 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 $1.26M, a close match.
What the listing highlights3 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
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Bowmore Road Junior and Senior 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
There were not many closely comparable homes right in Woodbine Corridor, so I widened the search to the surrounding area.
Based on 52 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 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 14% below the area average of $1,124/sqft.
49 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Woodbine Corridor, 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 $999,992 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,336
- Property tax
- $497
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,833
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,475
- Toronto municipal land transfer tax
- $21,475
- Estimated closing costs
- $42,950
Plus your down payment of $249,998. 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
- $320,180
- Principal paid down
- $127,349
- Interest paid
- $192,830
- Balance remaining
- $872,643
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 POPE REAL ESTATE LIMITED. MLS®/PropTx.