62 Santamonica Boulevard, Toronto, ON

Clairlea-Birchmount, Toronto · MLS® E13541366

$689,000
For Sale
Listed 9 days ago
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4Bedrooms
2Bathrooms
2Parking
700-1100Sq Ft

About this home

Fantastic opportunity to own a 3-bedroom, 2-bathroom semi-detached home on a 30 x 100 ft lot in a desirable Scarborough neighbourhood. Ideal for contractors, renovators, investors, or buyers looking to add their personal touch. Featuring a separate side entrance with excellent future potential (subject to approvals). Conveniently located near Warden & St. Clair, within walking distance to schools, parks, transit, shopping, and everyday amenities. A great chance to build equity in an unbeatable location!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13541366
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
700-1100
Lot
30 × 101.5 ft
Cross streets
Warden Ave & St. Clair E
Parking
2 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$3,499 / 2025
Days on market
9
Listing brokerage
THE GUARDIAN HOME REALTY INC.

Rooms

Living RoomMain6.81 × 3.33 m

hardwood floor · open concept · large window

KitchenMain3.00 × 2.68 m

tile floor · double sink · window

Dining RoomMain6.81 × 3.33 m

combined w/living · hardwood floor · w/o to deck

Bedroom 2Second2.90 × 2.55 m

hardwood floor · window · closet

Bedroom 3Third3.83 × 2.71 m

hardwood floor · window · closet

Primary BedroomSecond3.90 × 2.40 m

hardwood floor · window · closet

Moe’s TakeTeam Asgarian · Broker
In line
$742Kest. value

Listed at $689,000, 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.

There were not many closely comparable homes right in Clairlea-Birchmount, so I widened the search to the surrounding area.

Based on 34 similar homes nearby, adjusted for size, beds, and baths.Median of 34 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $748K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $727K
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $742K

That comparable adjusts to $742K; the $742K estimate above is the median of all 34 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.

The assigned public school is SATEC @ W A Porter Collegiate Institute. 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. 689 Warden Ave is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$622KGreat deal$987KOverpriced

Total price vs nearby homes. Fair value about $742K, median of 34 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$986kavg asking

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

783 Birchmount Road$785k827 Craven Road$727k122 Holborne Avenue$1.19M327 Deloraine Avenue$1.25M

The 4 closest active listings nearby.

See all comparable homes
689kThis home785k727k1.19M1.25MThis home vs active comparables
Live market pulseActive comparables in Clairlea-Birchmount · median list $900K
$766this home / sqft
8active listings nearby
9days on market

This home lists 14% above the area average of $674/sqft.

5 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Clairlea-Birchmount, 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

73/ 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: 689 Warden Ave, about 376 m away

20+ transit stops1 grocery20+ dining20+ parks7 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.

Woodbine Corridor
$989K
The Beaches
$1.15M
Danforth
$1.10M
Greenwood-Coxwell
$792K
South Riverdale
$1.30M

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 Danforth Gardens Public School
58%
Danforth Gardens Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 58% meet the provincial standard

Affordability & Mortgage

Affordability
$3,140/mo
$132KIncome needed
5.2×Price ÷ income
$725Weekly 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 $3,140Property tax $292Total carry $3,432

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)
$2,941per month

Mortgage amount $551,200 · 4.14% over 25 years

$137,800Down payment (20.0%)
$551,200Loan before insurance
$0CMHC premium
$3,233Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,941
Property tax
$292
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,233

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

One-time closing costs

Ontario land transfer tax
$10,255
Toronto municipal land transfer tax
$10,255
Estimated closing costs
$20,510

Plus your down payment of $137,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,573/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

$331,222Total interest paid
$882,422Total of all payments
Principal $551,200 Interest $331,222
YearPrincipalInterestBalance
1$12,913$22,384$538,287
2$13,453$21,844$524,834
3$14,016$21,281$510,819
4$14,602$20,695$496,217
5$15,213$20,084$481,005
6$15,849$19,448$465,156
7$16,512$18,785$448,644
8$17,202$18,094$431,441
9$17,922$17,375$413,519
10$18,672$16,625$394,848
11$19,453$15,844$375,395
12$20,266$15,031$355,129
13$21,114$14,183$334,014
14$21,997$13,300$312,017
15$22,917$12,380$289,100
16$23,876$11,421$265,224
17$24,875$10,422$240,349
18$25,915$9,382$214,434
19$26,999$8,298$187,435
20$28,128$7,168$159,307
21$29,305$5,992$130,001
22$30,531$4,766$99,471
23$31,808$3,489$67,663
24$33,138$2,159$34,524
25$34,524$772$0

At the end of your 5-year term

Total paid over the term
$176,484
Principal paid down
$70,195
Interest paid
$106,289
Balance remaining
$481,005

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
1.5%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.

2.5%
Gross yield
− Property tax $3,499− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,587

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE GUARDIAN HOME REALTY INC.. MLS®/PropTx.

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