115 Ellington Drive, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13571510

$839,000
For Sale
Listed 1 day ago
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3Bedrooms
2Bathrooms
4Parking
700-1100Sq Ft

About this home

Welcome Home To This Charming All-Brick Detached Bungalow, Beautifully Maintained And Move-In Ready Homes That Has Been Lovingly Cared For By The Same Owners For 30 Years! Featuring Almost $70,000 In Recent Renovations, This Versatile Home Offers 2+1 Bedrooms, 2 Full Baths, 2 Kitchens, A Separate Side Entrance, & A Fully Finished Basement Suite-Perfect For Extended Family, Multi-Generational Living, Or Rental Income Potential! Situated On An Impressive 125- Foot Deep Lot With A Huge Backyard. The Main Floor Features Hardwood Flooring Throughout, A Bright And Inviting Layout, An Updated Kitchen(2021), Renovated Bathroom(2021), & A Carpet- Free Interior. The Brand New Basement Suite Has Been Thoughtfully Renovated Just Under A Year Ago W/ A Side Entrance, Brand-New Kitchen, New Bathroom, New Flooring, New Windows, Pot Lights, A New Bedroom, & A Functional Living Space Offering Excellent Rental Or In-Law Suite Potential Other Big Upgrades! Roof Replacement (May 2020), New PVC Plumbing Upgrades (2025) For Peace of Mind And Long Term Reliability. Conveniently Located In The Highly Desirable Warden & Lawrence Area, You're Just Minutes From TTC Transit, Schools, Parks, Places Of Worship, Shopping Plazas, And Everyday Amenities. Walk To Costco, Food Basics, Parkway Mall, And Numerous Restaurants. Enjoy Quick Access To Highway 401, DVP, Highway 404, And Close Proximity To Scarborough General Hospital. A Rare Opportunity To Own A Turnkey Home With A Separate Entrance, Income Potential, And A Massive Backyard In A Prime Scarborough Location- Don't Miss It! Some Photos Have Been Enhanced And Virtually Staged For Marketing Purposes.

Key facts

Property type
Detached, Bungalow
MLS®
E13571510
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
700-1100
Lot
40.04 × 125.13 ft
Cross streets
Warden/Lawrence
Parking
4 parking
Driveway
Available
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$4,125 / 2025
Days on market
1
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Primary BedroomMain4.30 × 3.30 m

window · closet

LaundryBasement0.00 × 0.00 m

window · renovated

Bedroom 2Main3.40 × 2.90 m

window · w/o to yard

KitchenBasement0.00 × 0.00 m

window · laminate · renovated

Living RoomMain4.00 × 3.40 m

window · pot lights · hardwood floor

Dining RoomMain3.35 × 2.90 m

window · hardwood floor

Living RoomBasement0.00 × 0.00 m

window · laminate · renovated

KitchenMain3.35 × 2.60 m

window · backsplash · quartz counter

Bedroom 3Basement0.00 × 0.00 m

window · laminate · renovated

Moe’s TakeTeam Asgarian · Broker
In line
$844Kest. value

Listed at $839,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $865K, a close match.

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 $819K

That comparable adjusts to $819K; the $844K estimate above is the median of all 12 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 Buchanan 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Warden Ave at Manhattan Dr is about a 5-minute walk away.

List price
$749KGreat deal$940KOverpriced

Total price vs nearby homes. Fair value about $844K, median of 12 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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$850kavg asking

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

97 Livingstone Avenue$800k179 Thirtieth Street$775k59 Dalbeattie Avenue$975k

The 3 closest active listings nearby.

See all comparable homes
839kThis home800k775k975kThis home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $900K
$932this home / sqft
12active listings nearby
1days on market

This home lists 5% below the area average of $986/sqft.

0 days faster 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

Wexford-Maryvale, 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

65/ 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: Warden Ave at Manhattan Dr, about 387 m away

20+ transit stops7 grocery20+ dining9 parks18 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
$1.59M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M

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 Buchanan Public School
53%
Buchanan Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 53% meet the provincial standard
Manhattan Park Junior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,824/mo
$160KIncome needed
5.2×Price ÷ income
$882Weekly 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.

92%mortgage
Mortgage $3,824Property tax $344Total carry $4,168

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)
$3,582per month

Mortgage amount $671,200 · 4.14% over 25 years

$167,800Down payment (20.0%)
$671,200Loan before insurance
$0CMHC premium
$3,926Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,582
Property tax
$344
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,926

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

One-time closing costs

Ontario land transfer tax
$13,255
Toronto municipal land transfer tax
$13,255
Estimated closing costs
$26,510

Plus your down payment of $167,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,350/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

$403,332Total interest paid
$1,074,532Total of all payments
Principal $671,200 Interest $403,332
YearPrincipalInterestBalance
1$15,724$27,257$655,476
2$16,382$26,600$639,094
3$17,067$25,914$622,028
4$17,781$25,201$604,247
5$18,524$24,457$585,723
6$19,299$23,682$566,423
7$20,107$22,875$546,317
8$20,948$22,034$525,369
9$21,824$21,157$503,545
10$22,737$20,245$480,809
11$23,688$19,294$457,121
12$24,679$18,303$432,442
13$25,711$17,271$406,732
14$26,786$16,195$379,946
15$27,907$15,075$352,039
16$29,074$13,907$322,965
17$30,290$12,691$292,675
18$31,557$11,424$261,118
19$32,877$10,104$228,241
20$34,252$8,729$193,989
21$35,685$7,296$158,304
22$37,178$5,804$121,126
23$38,733$4,249$82,393
24$40,353$2,628$42,041
25$42,041$941$0

At the end of your 5-year term

Total paid over the term
$214,906
Principal paid down
$85,477
Interest paid
$129,429
Balance remaining
$585,723

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$1,450/mo
$17,400Gross annual rent
1.2%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.

2.1%
Gross yield
− Property tax $4,125− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,961

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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