138 Fallingbrook Road, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E13413822

$1,899,000
For Sale
Listed 45 days ago
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4Bedrooms
3Bathrooms
2Garage · 3 parking
1500-2000Sq Ft

About this home

Welcome To Fallingbrook Road, A Charming Detached Family Home Nestled In The Heart Of TheHighly Sought-After Beach Community And Coveted Courcelette Public School Catchment. This Beautifully Maintained 3+1 Bedroom Residence Blends Timeless Character With Thoughtful Modern Updates. Sun-Filled Principal Rooms Offer Warmth And Comfort Throughout, While The Renovated Kitchen Features Stone Counters, Stainless Steel Appliances And A Functional Breakfast Bar Perfect For Everyday Living And Entertaining. The Bright Family Room Walks Out To A Spacious Deck And Private Backyard Retreat. Upstairs, Generous Bedrooms Provide Peaceful Family Living, While The Finished Basement Offers Flexible Space For A Rec Room, Home Office Or Guest Suite. Rare Two-Car Garage Provide Exceptional Convenience. Located Within The Highly Ranked Courcelette Public School And Malvern Collegiate Catchments, This Exceptional Family Neighbourhood Is Known For Its Strong Sense Of Community And Outstanding Schools. Just Steps To The Lake, Boardwalk, Queen Street Shops, Cafes, Restaurants, Parks, TTC And The MartinGoodman Trail. A Wonderful Opportunity To Enjoy The Best Of Beach Living In One Of Toronto'sMost Family-Friendly Neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
E13413822
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
30 × 122 ft
Cross streets
Victoria Park Ave/Kingston Rd
Parking
2 garage · 3 parking (detached)
Driveway
Mutual
Basement
Finished
Heating
Radiant
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$8,189 / 2025
Days on market
45
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Utility RoomBasement3.65 × 2.43 m

Closet

Living RoomMain8.45 × 3.73 m

combined w/dining · fireplace · hardwood floor

BedroomBasement3.65 × 3.43 m

broadloom · above grade window · pot lights

Primary BedroomSecond5.70 × 3.04 m

double closet · hardwood floor · large window

Bedroom 3Second4.00 × 3.04 m

closet · hardwood floor · picture window

Bedroom 2Second4.00 × 2.66 m

hardwood floor · picture window · closet

Family RoomMain4.77 × 2.43 m

w/o to sundeck · skylight · hardwood floor

KitchenMain8.45 × 2.13 m

stone counters · stainless steel appl · breakfast bar

Dining RoomMain8.45 × 3.73 m

combined w/living · hardwood floor · bay window

Our TakeTeam Asgarian · Broker
Above comparables
$1.46Mest. value

Listed at $1,899,000, and my independent estimate is about 30% above what comparable homes suggest.

In Birchcliffe-Cliffside lately, sellers get about 102% of asking; homes sell in ~15 days.

List price
$1.15MGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.46M, median of 45 comparables.

How this estimate is builtthe short version

I take the 45 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 $1.73M, a bit higher.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Malvern Collegiate Institute, 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.

Based on 45 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.49Mavg asking

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

139 King Edward Avenue$999k35 Duart Park Road$2.38M85B Maybourne Avenue$1.09M

The 3 closest active listings nearby.

See all comparable homes
1.90MThis home999k2.38M1.09MThis home vs active comparables
Live market pulseActive comparables in Birchcliffe-Cliffside · median list $1.25M
$1,085this home / sqft
15active listings nearby
45days on market
98sold nearby · 90 days
$1.25Mmedian sold price
102%of asking, on average

44 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

Birchcliffe-Cliffside, 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.

Nearby neighbourhoods

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

Clairlea-Birchmount
$880K
Danforth Village-East York
$883K
Leaside
$1.73M
Woburn
$900K
Bedford Park-Nortown
$2.28M

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 Courcelette Public School
77%
Courcelette Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$8,655/mo
$354KIncome needed
5.4×Price ÷ income
$1,997Weekly 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.

93%mortgage
Mortgage $8,655Property tax $682Total carry $9,337

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,107per month

Mortgage amount $1,519,200 · 4.14% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$8,789Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,107
Property tax
$682
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,789

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

One-time closing costs

Ontario land transfer tax
$34,455
Toronto municipal land transfer tax
$34,455
Estimated closing costs
$68,910

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,847/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

$912,905Total interest paid
$2,432,105Total of all payments
Principal $1,519,200 Interest $912,905
YearPrincipalInterestBalance
1$35,590$61,695$1,483,610
2$37,078$60,206$1,446,532
3$38,629$58,655$1,407,903
4$40,245$57,039$1,367,658
5$41,928$55,356$1,325,730
6$43,682$53,602$1,282,047
7$45,509$51,775$1,236,538
8$47,413$49,871$1,189,125
9$49,396$47,888$1,139,729
10$51,462$45,822$1,088,267
11$53,615$43,669$1,034,652
12$55,858$41,427$978,794
13$58,194$39,090$920,600
14$60,628$36,656$859,972
15$63,164$34,120$796,808
16$65,806$31,478$731,002
17$68,559$28,725$662,443
18$71,426$25,858$591,016
19$74,414$22,870$516,602
20$77,527$19,757$439,076
21$80,770$16,515$358,306
22$84,148$13,136$274,158
23$87,668$9,616$186,490
24$91,335$5,949$95,155
25$95,155$2,129$0

At the end of your 5-year term

Total paid over the term
$486,421
Principal paid down
$193,470
Interest paid
$292,950
Balance remaining
$1,325,730

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$3,150/mo
$37,800Gross annual rent
1.3%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.

2.0%
Gross yield
− Property tax $8,189− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,053

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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