49 Butterworth Avenue, Toronto, ON

Oakridge, Toronto · MLS® E13569286

$1,389,000
For Sale
Listed 2 days ago
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6Bedrooms
5Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

Welcome to 49 Butterworth Ave, A Gorgeous Home In High Demand Area Of Oakridge. Over 2200 Sq Ft Of Luxury Living Featuring High End Finishings, Engineered Hwd Glass Railings! Designer Chefs Kitchen, Quartz Grand Sun Filled Family Room W/Stunning 10 Ft Ceilings & W/O To Deck! Master Bedroom Features, W/I Closet Ensuite W/Glass Shower, Laundry On 2nd Floor & Basement!

Key facts

Property type
Detached, 2-Storey
MLS®
E13569286
Bedrooms
6 (4 + 2)
Bathrooms
5 (1 half)
Size
2000-2500
Lot
23 × 100 ft
Cross streets
Warden and Danforth Rd
Parking
1 garage · 3 parking (attached)
Driveway
Available, Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Heat Pump
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Flat
Sewer
Sewer
Pool
Other
Property tax
$7,306 / 2026
Days on market
2
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Dining RoomGround3.96 × 2.75 m

Hardwood Floor

BedroomBasement3.12 × 2.89 m

Vinyl Floor

Bedroom 3Second3.09 × 3.27 m

Hardwood Floor

Primary BedroomSecond6.75 × 3.65 m

Hardwood Floor

RecreationBasement3.12 × 2.89 m

Vinyl Floor

Bedroom 4Second3.33 × 3.83 m

Hardwood Floor

BedroomBasement3.12 × 2.89 m

Vinyl Floor

KitchenGround5.05 × 2.59 m

Ceramic Floor

Family RoomGround5.49 × 5.53 m

Hardwood Floor

Bedroom 2Second3.35 × 3.27 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.50Mest. value

Listed at $1,389,000, this home is about 7% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($617/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Oakridge, so I widened the search to the surrounding area.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.70M, 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 $1.45M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.49M

That comparable adjusts to $1.49M; the $1.50M estimate above is the median of all 8 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Danforth Ave at Eastwood Ave is about a 3-minute walk away.

List price
$1.39MGreat deal$1.53MOverpriced

Total price vs nearby homes. Fair value about $1.50M, median of 8 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Oakridge · asking prices
$1.31Mavg asking

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

29 Butterworth Avenue$1.40M195 Danforth Road$1.30M33 Wanstead Avenue$1.28M176 Leyton Avenue$1.25M

The 4 closest active listings nearby.

See all comparable homes
1.39MThis home1.40M1.30M1.28M1.25MThis home vs active comparables
Live market pulseActive comparables in Oakridge · median list $1.28M
$617this home / sqft
6active listings nearby
2days on market

This home lists 0% above the area average of $615/sqft.

1 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

Oakridge, 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

66/ 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: Danforth Ave at Eastwood Ave, about 200 m away

20+ transit stops1 grocery20+ dining20+ parks6 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
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M

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 Taylor Creek Public School
41%
Taylor Creek Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 41% meet the provincial standard

Affordability & Mortgage

Affordability
$6,331/mo
$264KIncome needed
5.3×Price ÷ income
$1,461Weekly 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.

91%mortgage
Mortgage $6,331Property tax $609Total carry $6,939

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)
$5,930per month

Mortgage amount $1,111,200 · 4.14% over 25 years

$277,800Down payment (20.0%)
$1,111,200Loan before insurance
$0CMHC premium
$6,539Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,930
Property tax
$609
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,539

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

One-time closing costs

Ontario land transfer tax
$24,255
Toronto municipal land transfer tax
$24,255
Estimated closing costs
$48,510

Plus your down payment of $277,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,202/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

$667,733Total interest paid
$1,778,933Total of all payments
Principal $1,111,200 Interest $667,733
YearPrincipalInterestBalance
1$26,032$45,126$1,085,168
2$27,120$44,037$1,058,048
3$28,255$42,902$1,029,793
4$29,437$41,721$1,000,356
5$30,668$40,489$969,688
6$31,951$39,207$937,738
7$33,287$37,870$904,450
8$34,680$36,478$869,771
9$36,130$35,027$833,641
10$37,641$33,516$795,999
11$39,216$31,941$756,783
12$40,856$30,301$715,927
13$42,565$28,592$673,362
14$44,346$26,812$629,016
15$46,201$24,957$582,815
16$48,133$23,024$534,682
17$50,146$21,011$484,536
18$52,244$18,913$432,292
19$54,429$16,728$377,862
20$56,706$14,451$321,156
21$59,078$12,079$262,078
22$61,549$9,608$200,529
23$64,124$7,034$136,406
24$66,806$4,352$69,600
25$69,600$1,557$0

At the end of your 5-year term

Total paid over the term
$355,787
Principal paid down
$141,512
Interest paid
$214,275
Balance remaining
$969,688

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$4,200/mo
$50,400Gross annual rent
2.6%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.

3.6%
Gross yield
− Property tax $7,306− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,150

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

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