555 McCowan Road, Toronto, ON
Bendale, Toronto · MLS® E13566026
About this home
A MUST SEE! Welcome to this beautifully renovated bungalow offering the perfect blend of timeless design, modern finishes, and exceptional indoor-outdoor living. With over 2000 Sq ft this home is situated on a spacious, professionally landscaped lot, this move-in ready home showcases outstanding curb appeal with an oversized interlock driveway, manicured gardens, and a welcoming covered front porch. Inside, the thoughtfully designed open-concept layout is filled with natural light and features engineered hardwood flooring throughout the main level, pot lights, elegant custom millwork, and a stunning feature wall with a sleek linear fireplace that creates a warm and inviting focal point. The chef-inspired kitchen is designed to impress, complete with quartz countertops, custom cabinetry, stainless steel appliances, a built-in wall oven and microwave, gas cooktop with a premium range hood, a spacious centre island with breakfast seating, and a skylight that fills the space with natural light. The seamless flow between the kitchen, dining and living areas makes this home ideal for everyday living and effortless entertaining. Generously sized bedrooms provide comfort and versatility, while the beautifully updated bathrooms showcase quality finishes and contemporary design. Large basement with a functional floorplan. The basement is also pre-wired within the walls for a surround sound system, making it ready for the ultimate home theatre or entertainment space. Step outside to your own private backyard oasis featuring a stunning in-ground pool surrounded by low-maintenance concrete decking, beautifully landscaped gardens, a spacious patio for outdoor dining, and a fully fenced yard perfect for relaxing or entertaining family and friends. Located in a desirable family-friendly neighbourhood close to schools, parks, shopping, transit, and major highways, this exceptional home offers comfort, style and convenience in one outstanding package.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13566026
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 50.07 × 125.18 ft
- Cross streets
- McCowan Rd / Lawrence Ave E
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Outdoor
- Property tax
- $4,834 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
pot lights · skylight · fireplace
large window · overlooks backyard · closet
large window · closet
b/i appliances · backsplash · pot lights
Gas Fireplace
large window · overlooks backyard · closet
Listed at $999,990, this home is within the range of comparable homes, on the higher 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 $1.08M, a bit higher.
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 $929K
- Bedrooms −$30K
- Adjusts to $899K
That comparable adjusts to $899K; the $899K 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 John McCrae 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, this is a very walkable address with everyday errands close by. Danforth Rd at Barrymore Rd 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 $899K, 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.
- 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.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 8% above the area average of $711/sqft.
1 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bendale, 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: Danforth Rd at Barrymore Rd, about 196 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 $799,992 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,269
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,672
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Toronto municipal land transfer tax
- $16,475
- Estimated closing costs
- $32,950
Plus your down payment of $199,998. 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
- $256,143
- Principal paid down
- $101,879
- Interest paid
- $154,264
- Balance remaining
- $698,113
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 WEST REALTY INC.. MLS®/PropTx.