122 Marilake Drive, Toronto, ON
Agincourt South-Malvern West, Toronto · MLS® E13412060
About this home
Welcome to this gorgeous, sun-filled 4-bedroom backsplit, impeccably maintained and situated on a spacious irregular lot (123.50 ft x 51.79 ft x 110.12 ft x 50.04 ft). This beautiful home features a newly renovated bathroom, elegant designer stone front steps, and a stunning walkway that enhance its curb appeal. The extra-long 24-foot garage offers direct access to both the backyard and the home for added convenience. A separate side entrance provides excellent potential for an income-generating basement apartment, in-law suite, or multi-generational living arrangement. Located within walking distance of highly regarded schools, including Agincourt Collegiate Institute and C.D. Farquharson Junior Public School, this home is ideal for families seeking quality education. Enjoy exceptional convenience with easy access to highways, TTC transit, GO Transit, shopping centres, restaurants, and grocery stores. Nestled in a quiet, family-friendly neighbourhood, this property offers the perfect blend of comfort, convenience, and investment potential.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- E13412060
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 50 × 116.66 ft
- Cross streets
- Midland & Sheppard
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,564 / 2025
- Days on market
- 46
- Listing brokerage
- REAL ONE REALTY INC.
Rooms
hardwood floor · closet · picture window
hardwood floor · closet · picture window
ceramic floor · window
hardwood floor · closet · picture window
hardwood floor · moulded ceiling · w/o to deck
hardwood floor · moulded ceiling · picture window
broadloom · dropped ceiling · stone fireplace
ceramic floor · renovated · eat-in kitchen
hardwood floor · closet · picture window
Listed at $1,090,000, and my independent estimate is about 15% above what comparable homes suggest.
In Agincourt South-Malvern West lately, sellers get about 99% of asking; homes sell in ~25 days.
Total price vs nearby homes. Fair value about $949K, median of 69 comparables.
How this estimate is builtthe short version
I take the 69 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 $891K, a close match.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit
On schools, this address is zoned for C D Farquharson Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a more car-dependent spot, so buyers here typically drive. Midland Ave at Goodland Gate is about a 5-minute walk away. Worth weighing if transit access matters to you.
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 below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Agincourt South-Malvern West, so I widened the search to the surrounding area.
Based on 69 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 8 active listings nearby.
See all comparable homesThis home lists 15% below the area average of $986/sqft.
45 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Agincourt South-Malvern West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car — groceries and transit are a drive away.
🚉 Nearest transit: Midland Ave at Goodland Gate, about 408 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
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 $872,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,653
- Property tax
- $380
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,034
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,275
- Toronto municipal land transfer tax
- $18,275
- Estimated closing costs
- $36,550
Plus your down payment of $218,000. 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
- $279,199
- Principal paid down
- $111,049
- Interest paid
- $168,150
- Balance remaining
- $760,951
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 REAL ONE REALTY INC.. MLS®/PropTx.