108 Cleta Drive, Toronto, ON

Kennedy Park, Toronto · MLS® E13458046

$849,000
For Sale
Listed 30 days ago
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6Bedrooms
3Bathrooms
6Parking
700-1100Sq Ft

About this home

Absolutely Gorgeous, High-Quality Detached Bungalow on a Premium 40x183 Ft Deep Lot! This beautifully upgraded 3+3 bedroom home is the perfect starter opportunity or income-generating investment. Located in the quiet, family-friendly Kennedy Park neighborhood, it is just steps to the TTC bus, walking distance to Kennedy Station, and minutes to Hwy 401, top schools, and shopping. Features a spacious private driveway with parking for up to 6 cars and a fully finished basement apartment boasting a separate entrance and two upgraded bathrooms. Enjoy stunning views from both the front and backyard. Don't miss this immaculate, move-in-ready gem!

Key facts

Property type
Detached, Bungalow
MLS®
E13458046
Bedrooms
6 (3 + 3)
Bathrooms
3 (1 half)
Size
700-1100
Lot
40 × 183 ft
Cross streets
Kennedy Rd/Eglinton ave
Parking
6 parking
Driveway
Private
Basement
Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,143 / 2026
Days on market
30
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Primary BedroomMain3.60 × 3.60 m

broadloom · double closet · window

Bedroom 2Main3.30 × 3.50 m

broadloom · double closet · window

BedroomBasement2.74 × 3.50 m

broadloom · window

Living RoomMain4.26 × 4.60 m

broadloom · picture window · plaster ceiling

KitchenBasement3.50 × 3.96 m

broadloom · eat-in kitchen · window

BedroomBasement2.90 × 3.50 m

broadloom · window

Bedroom 3Main3.60 × 3.16 m

broadloom · double closet · window

BedroomBasement3.04 × 3.35 m

broadloom · window

KitchenMain2.95 × 2.95 m

linoleum · eat-in kitchen · window

BedroomBasement2.13 × 3.74 m

broadloom · window

BreakfastMain2.95 × 2.95 m

linoleum · combined w/kitchen · window

Moe’s 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.

The assigned public school is Corvette Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Kennedy Rd at Foxridge Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$995kavg asking

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

60 Chillery Avenue$900k88 Frey Crescent$899k20 Martindale Road$1.20M16 McCowan Road$980k5 Cuffley Crescent$998k

The 5 closest active listings nearby.

See all comparable homes
849kThis home900k899k1.20M980k998kThis home vs active comparables
Live market pulseActive comparables in Kennedy Park · median list $1000K
$943this home / sqft
9active listings nearby
30days on market

This home lists 32% above the area average of $715/sqft.

29 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

Kennedy Park, 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

74/ 100

Very 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Kennedy Rd at Foxridge Dr, about 111 m away

20+ transit stops4 grocery20+ dining15 parks20+ 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.

Cliffcrest
$1.51M
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M

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 Corvette Junior Public School
60%
Corvette Junior Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 60% meet the provincial standard
Robert Service Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,869/mo
$162KIncome needed
5.2×Price ÷ income
$893Weekly 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.

92%mortgage
Mortgage $3,869Property tax $345Total carry $4,215

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,624per month

Mortgage amount $679,200 · 4.14% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$3,970Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,624
Property tax
$345
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,970

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

One-time closing costs

Ontario land transfer tax
$13,455
Toronto municipal land transfer tax
$13,455
Estimated closing costs
$26,910

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,402/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

$408,139Total interest paid
$1,087,339Total of all payments
Principal $679,200 Interest $408,139
YearPrincipalInterestBalance
1$15,911$27,582$663,289
2$16,577$26,917$646,712
3$17,270$26,223$629,442
4$17,993$25,501$611,449
5$18,745$24,748$592,704
6$19,529$23,964$573,174
7$20,346$23,147$552,828
8$21,197$22,296$531,631
9$22,084$21,410$509,547
10$23,008$20,486$486,539
11$23,970$19,524$462,569
12$24,973$18,521$437,597
13$26,017$17,476$411,580
14$27,105$16,388$384,474
15$28,239$15,254$356,235
16$29,420$14,073$326,814
17$30,651$12,842$296,163
18$31,933$11,560$264,230
19$33,269$10,225$230,961
20$34,660$8,833$196,301
21$36,110$7,383$160,191
22$37,621$5,873$122,570
23$39,194$4,299$83,376
24$40,834$2,660$42,542
25$42,542$952$0

At the end of your 5-year term

Total paid over the term
$217,468
Principal paid down
$86,496
Interest paid
$130,972
Balance remaining
$592,704

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$1,450/mo
$17,400Gross annual rent
1.2%Est. cap rate

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 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 $4,143− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,943

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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