970 Cosburn Avenue, Toronto, ON
Woodbine-Lumsden, Toronto · MLS® E13505904
About this home
Great opportunity for first-time buyers to own a detached bungalow with a fully renovated basement, separate entrance, detached oversized garage , and additional storage, located in a family-oriented pocket of East York.Situated on an irregular lot that widens toward the rear, this property offers exceptional outdoor space. The bright and functional layout features comfortable living areas, a detached garage with laneway access, and a spacious, private backyard. The main floor features two bedrooms, a living room, and a kitchen with a walkout to the deck. The front porch and curb appeal emphasize the home's charm.The fully renovated basement features new stainless steel appliances and ceramic flooring, offering excellent flexibility for a growing family or the potential for an in-law suite.Enjoy an unbeatable location just steps from Stan Wadlow Park, Memorial Park, and the scenic Taylor Creek Trail, offering kilometres of walking and biking paths through beautiful natural surroundings. Outdoor enthusiasts will appreciate the nearby bike trails and recreational amenities, including the East York Curling Club and DA Morrison School Pool & Grounds.Commuters will enjoy quick access to public transit and the DVP, making travel across the city simple and convenient. Close to local shops, schools, Michael Garron Hospital, and everyday neighbourhood amenities.A fantastic opportunity to own a home in a well-established, family-oriented community where nature, trails, parks, and transit are all within easy reach.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13505904
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 17.5 × 100.66 ft
- Cross streets
- Cosburn Ave & Woodbine Ave
- Parking
- 1 garage (detached)
- Driveway
- Lane
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $3,831 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
Electric Fireplace
above grade window · laminate · 3 pc bath
pot lights · backsplash
hardwood floor · window
laminate · closet · window
eat-in kitchen · sliding doors · w/o to patio
hardwood floor · window · closet
Listed at $818,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $866K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $749K
- Adjusts to $749K
That comparable adjusts to $749K; the $920K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Parkside Elementary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. East York Acres Parking Lot at Haldon Ave is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $920K, median of 5 comparables.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 9% below the area average of $1,001/sqft.
16 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Woodbine-Lumsden, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: East York Acres Parking Lot at Haldon Ave, about 76 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 17, 2026); conventional rates run a little higher.
Mortgage amount $654,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,492
- Property tax
- $319
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,811
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,835
- Toronto municipal land transfer tax
- $12,835
- Estimated closing costs
- $25,670
Plus your down payment of $163,600. 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
- $209,527
- Principal paid down
- $83,338
- Interest paid
- $126,189
- Balance remaining
- $571,062
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.