23 Japonica Road, Toronto, ON
Wexford-Maryvale, Toronto · MLS® E13561382
About this home
*Welcome to a picture perfectly-situated, 23 Japonica Road ***** NEW INTENSIVE RENOVATION INSIDE & OUT(2024---SPENT OVER $100K INC. A PERMITTED NEW DETACHED GARAGE) ***** in the sought-after/family-friendly community & in the heart of Wexford-Maryvale. This luxuriously-intensively renovated(2024) bungalow offers a premium & south land: 45 ft x130 ft, and showcasing extensive & recent upgrades from top to bottom(SPENT $$$$---2024) inside and outside with a 3+2-bedroom, reflecting exceptional *PRIDE OF OWNERSHIP*.The living and dining rooms provide ample space and airy atmosphere, and featuring a custom & contemporary kitchen equipped with premium stainless-steel appliance, quartz countertop/backsplash and large centre island, and offering an experience of culinary perfection of your family. The primary bedroom suite serves as a tranquil haven, happy warm spaces, while overlooking sunny and south exposure-large backyard, and two additional main floor bedrooms offer generous space, windows & closets. The professionally finished basement(2024) offers excellent versatility with a private and convenient side/separate entrance-ideal for extended family(multi-generational living space) or income potential, offering spacious recreation room, two bedrooms, a bathroom and more!! ------ THIS HOME HAS BEEN UPDATED(2024 ----- SPENT $$$$) BEAUTIFULLY AND OFFERS A PREMIUM LAND IN THE AREA ------ SOUTH EXPOSURE, 45 Ft x 130 Ft LAND WITH A PRIVATE BACKYARD(GREAT POTENTIAL WITH A GARDEN SUITE). Prime location near schools, major commuter routes, transits, parks and shopping
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- E13561382
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 45 × 130 ft
- Cross streets
- Warden Ave/E.Victoria Park Ave/N.Ellersmere Rd
- Parking
- 1 garage · 6 parking (detached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,570 / 2025
- Days on market
- 3
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
laminate · south view · closet
Combined w/Laundry
pot lights · tile floor · window
stainless steel appl · centre island · updated
laundry sink · window
laminate · window · closet
laminate · open concept · combined w/kitchen
laminate · window · closet
laminate · closet · window
laminate · window · closet
laminate · pot lights · california shutters
Listed at $800,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
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 $1.02M, higher than the comparables and worth a second look. 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 $849K
- Bedrooms +$30K
- Adjusts to $879K
That comparable adjusts to $879K; the $787K 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.
Its public catchment (Terraview-Willowfield Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Ellesmere Rd at Crocus Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $787K, 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.
- 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 2% above the area average of $872/sqft.
2 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wexford-Maryvale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Ellesmere Rd at Crocus Dr, about 177 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 $640,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,415
- Property tax
- $381
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,796
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,475
- Toronto municipal land transfer tax
- $12,475
- Estimated closing costs
- $24,950
Plus your down payment of $160,000. 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
- $204,917
- Principal paid down
- $81,504
- Interest paid
- $123,413
- Balance remaining
- $558,496
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
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.