24 Latham Avenue, Toronto, ON
Birchcliffe-Cliffside, Toronto · MLS® E13563382
About this home
Seeking the "Bluffs" lifestyle? Call this house home and that lifestyle is yours. The waterfront/beach at Bluffers park is minutes away and you can walk to hiking trails along the top of the bluffs in this quiet, peaceful neighbourhood. Move right in and enjoy the beautifully updated, 1060 sq. ft. 3+1 bedroom detached bungalow, where the major renovations are already done. It boasts stylish finishes, functional living space and loads of extra custom features. Step outside to the real showstopper: your own personal backyard retreat. The custom pergola provides added living space with protection from pesky bugs. Relax in the hot tub or sit and swap stories around the propane fire pit, There is a BBQ hut for outdoor grilling and a comfortable rubber patio to soothe your tired feet. The huge, landscaped, tree-lined yard is fully enclosed with beautiful bamboo fence down one side and lots of perrenial gardens. The lot widens to 60 ft at the rear which offers plenty of room for a pool. This isn't just a backyard, it's a lifestyle.Inside, the bright, open main floor was extensively renovated in 2016, with spacious principal rooms, three generous bedrooms, an updated kitchen and modern finishes throughout. Both bathrooms were fully renovated in 2023. The professionally finished basement (2019) adds a fourth bedroom, ideal for extended family, guests, a home office, or rec room. The large basement laundry room was originally a kitchen and could easily be converted back thus offering great in-law suite potential.This home has been thoughtfully updated top to bottom, inside and out.There's easy access to TTC and GO Train service, sought-after schools, Bluffers Park Marina, Cathedral Bluffs Yacht Club, parks, and tennis courts close by.Move in today and start living your best life! **The buildings across the street are a very well-managed co-op. They are not City of Toronto housing.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13563382
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 48.33 × 127.5 ft
- Cross streets
- Kingston/Midland
- Parking
- 1 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,864 / 2026
- Days on market
- 3
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
combined w/living · open concept
window · closet
gas fireplace · dry bar
large window · open concept
window · overlooks backyard
large window · large closet
window · overlooks backyard
stainless steel appl · breakfast bar · w/o to yard
Listed at $998,000, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1000K, higher than the comparables and worth a second look.
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
- Bedrooms +$30K
- Adjusts to $779K
That comparable adjusts to $779K; the $815K estimate above is the median of all 11 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 Birchmount Park 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. Kingston Rd at Ridgemoor Ave 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 $815K, median of 11 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Value driver
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 14% above the area average of $975/sqft.
2 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Birchcliffe-Cliffside, 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: Kingston Rd at Ridgemoor Ave, about 195 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 $798,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,261
- Property tax
- $405
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,666
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,435
- Toronto municipal land transfer tax
- $16,435
- Estimated closing costs
- $32,870
Plus your down payment of $199,600. 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
- $255,634
- Principal paid down
- $101,676
- Interest paid
- $153,957
- Balance remaining
- $696,724
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.