555 McCowan Road, Toronto, ON
Bendale, Toronto · MLS® E13566026
About this home
In short
- 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...
- Inside, the thoughtfully designed open-concept layout is filled with natural light and features engineered hardwood flooring throughout the main level, pot lights...
- Step outside to your own private backyard oasis featuring a stunning in-ground pool surrounded by low-maintenance concrete decking, beautifully landscaped gardens, a...
- Located in a desirable family-friendly neighbourhood close to schools, parks, shopping, transit, and major highways, this exceptional home offers comfort, style and...
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
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- 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
- 67
- 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 with no offer date. Homes here have been closing close to ask, so my read is $984K, typically $959K to $996K. Comparable closings on their own put this home around $1.05M, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $984K, from 24 recent closings in this pocket.
The market behind the math:
About 1 months of inventory: 8 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $769/sqft against an area asking average of $702/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Bendale: 62 of the 215 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $920K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
Based on 24 comparable homes that sold in Bendale over the past two years, from 210 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $715/sqft; this home lists at $769/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Bendale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $799,992 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,379
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,782
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
- $262,737
- Principal paid down
- $98,913
- Interest paid
- $163,824
- Balance remaining
- $701,079
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
The suite is real income here: basements rent in Bendale (62 of 215 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 42 whole-home leases in Bendale signed at a median of $2,601 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,766. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
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.