134 Oakmeadow Boulevard, Toronto, ON

Morningside, Toronto · MLS® E13542726

$988,000
For Sale
Listed 8 days ago
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5Bedrooms
3Bathrooms
2Garage · 4 parking
1100-1500Sq Ft

About this home

Gorgeous 3+2 Bedroom Detached Bungalow On A **Premium Pie-Shaped Lot** with 2-Car Garage in Desirable Seven Oaks Community! Finished Basement with Side Entrance/Walk-Out for Potential In-law or Income! Step Outside to Your Private Fenced Backyard Oasis Surrounded By Mature Trees Perfect For Relaxing Or Entertaining! Featuring Renovated Modern Kitchen ('24) With Stainless Steel Appliances, A Stylish Backsplash, Large Centre Island & Pot Lights, Functional Layout, Sun-Filled Living And Dining Area With Bay Window, Newly Renovated Main Bathroom ('24), Newer Windows ('24), Updated Electrical Panel ('19), Newer Garage Door ('24) And More! Finished Basement with 2 Additional Rooms Ideal For Home Office, Guest Bedrooms, Or Home Gym, Large Recreation Room, Bar, Fireplace, Upgraded 3-Piece Bathroom ('25), New Vinyl Flooring ('26). Close To Trails, Highway 401, TTC, U Of T Scarborough, Centennial College, Pan Am Sports Centre, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday Amenities. An Exceptional Opportunity For Families And Commuters In One Of Scarborough's Most Desirable Neighbourhoods!

Key facts

Property type
Detached, Bungalow
MLS®
E13542726
Bedrooms
5 (3 + 2)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
55 × 105.88 ft
Cross streets
Neilson Rd / Hwy 401
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,435 / 2026
Days on market
8
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Exercise RoomBasement3.84 × 3.47 m

Vinyl Floor

RecreationBasement7.29 × 3.81 m

vinyl floor · fireplace · w/o to yard

KitchenMain4.23 × 3.36 m

tile floor · centre island · pot lights

OfficeBasement3.47 × 3.35 m

Vinyl Floor

Living RoomMain5.51 × 3.59 m

hardwood floor · bay window

Bedroom 3Main3.23 × 2.52 m

hardwood floor · closet · window

Primary BedroomMain4.35 × 3.03 m

hardwood floor · 2 pc ensuite · walk-in closet(s)

SittingBasement2.48 × 2.47 m
Bedroom 2Main4.29 × 2.79 m

hardwood floor · closet · window

Dining RoomMain3.36 × 3.09 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.21Mest. value

Listed at $988,000, this home is about 19% below comparable homes, worth a close look. 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 $952K, a bit lower.

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 $899K
  • Bathrooms +$15K
  • Adjusts to $914K

That comparable adjusts to $914K; the $1.21M 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.

The assigned public school is Highcastle 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Neilson Rd at Oakmeadow Blvd is about a 7-minute walk away.

List price
$988KGreat deal$1.23MOverpriced

Total price vs nearby homes. Fair value about $1.21M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.33Mavg asking

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

25 Furness Crescent$980k30 Japonica Road$999k90 Renault Crescent$1.35M44 Transwell Avenue$1.75M215 Honiton Street$1.57M

The 5 closest active listings nearby.

See all comparable homes
988kThis home980k999k1.35M1.75M1.57MThis home vs active comparables
Live market pulseActive comparables in Morningside · median list $899K
$760this home / sqft
5active listings nearby
8days on market

This home lists 16% below the area average of $910/sqft.

7 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

Morningside, 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

50/ 100

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: Neilson Rd at Oakmeadow Blvd, about 583 m away

20+ transit stops3 grocery20+ dining18 parks5 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 Highcastle Public School
65%
Highcastle Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 65% meet the provincial standard

Affordability & Mortgage

Affordability
$4,503/mo
$186KIncome needed
5.3×Price ÷ income
$1,039Weekly 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 $4,503Property tax $370Total carry $4,873

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)
$4,218per month

Mortgage amount $790,400 · 4.14% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,587Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,218
Property tax
$370
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,587

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

One-time closing costs

Ontario land transfer tax
$16,235
Toronto municipal land transfer tax
$16,235
Estimated closing costs
$32,470

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,123/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

$474,960Total interest paid
$1,265,360Total of all payments
Principal $790,400 Interest $474,960
YearPrincipalInterestBalance
1$18,516$32,098$771,884
2$19,291$31,324$752,593
3$20,098$30,517$732,495
4$20,938$29,676$711,557
5$21,814$28,800$689,742
6$22,727$27,888$667,016
7$23,677$26,937$643,338
8$24,668$25,947$618,671
9$25,700$24,915$592,971
10$26,774$23,840$566,197
11$27,894$22,720$538,302
12$29,061$21,553$509,241
13$30,277$20,338$478,964
14$31,543$19,071$447,421
15$32,863$17,752$414,558
16$34,237$16,377$380,321
17$35,669$14,945$344,652
18$37,161$13,453$307,490
19$38,716$11,899$268,775
20$40,335$10,279$228,440
21$42,022$8,592$186,417
22$43,780$6,834$142,637
23$45,611$5,003$97,026
24$47,519$3,095$49,507
25$49,507$1,108$0

At the end of your 5-year term

Total paid over the term
$253,072
Principal paid down
$100,658
Interest paid
$152,414
Balance remaining
$689,742

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$2,300/mo
$27,600Gross annual rent
1.9%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.

2.8%
Gross yield
− Property tax $4,435− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,729

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

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