316 Burrows Hall Boulevard, Toronto, ON
Malvern, Toronto · MLS® E13583778
About this home
More than just a bungalow, this is a property designed to fit the way you live. Set on an impressive 40 x 150 ft lot in the heart of Malvern, this well-maintained home offers exceptional flexibility, indoor and outdoor living, and spaces rarely found at this price point. Bright principal rooms and three main-floor bedrooms are complemented by a finished basement with a separate side entrance, rec room, partial kitchen, and full bathroom - ideal for extended family, guests, or future rental income potential. Outside, the backyard is truly something special. Professionally finished stone patio creates the perfect entertaining area, while a covered deck connects two finished 10 x 10 sheds, providing incredible storage, hobby space, or workshops. Raised garden beds offer the perfect opportunity to grow your own vegetables or flowers, and the detached 20 x 24 finished garage, newly wired, is a dream for car enthusiasts, tradespeople, hobbyists, or anyone needing exceptional workspace. With parking for four vehicles, this property delivers the versatility today's buyers are searching for. Perfectly located just minutes from Highway 401, commuting across the GTA couldn't be easier. Enjoy quick access to TTC, schools, parks, community centres, shopping, the Toronto Zoo, Rouge National Urban Park, and the University of Toronto Scarborough campus. Whether you're looking for room to grow, space to create, or a home that offers more than the ordinary, this Malvern gem delivers an exceptional lifestyle inside and out.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13583778
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 40 × 150 ft
- Cross streets
- Sheppard Ave E & Neilson Rd
- Parking
- 1 garage · 4 parking (detached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,668 / 2026
- Days on market
- 2
- Listing brokerage
- Signature Elite Realty Ltd.
Rooms
vinyl floor · open concept
parquet · window · closet
Vinyl Floor
Combined w/Living
window · vinyl floor
parquet · window · closet
separate room · b/i shelves · window
tile floor · eat-in kitchen
parquet · window · closet
parquet · large window · overlooks frontyard
Listed at $874,900, this home is about 26% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Malvern lately, sellers have been getting about 100% of asking and homes sell in about 23 days.
There were not many closely comparable homes right in Malvern, so I widened the search to the surrounding area.
Based on 53 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 53 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $815K, 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, sold for $838K
- Bedrooms −$24K
- Adjusts to $814K
That comparable adjusts to $814K; the $692K estimate above is the median of all 53 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Burrows Hall Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $692K, median of 53 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. Value driver
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 homes1 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Malvern, 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $699,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,735
- Property tax
- $306
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,041
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,973
- Toronto municipal land transfer tax
- $13,973
- Estimated closing costs
- $27,946
Plus your down payment of $174,980. 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
- $224,102
- Principal paid down
- $89,135
- Interest paid
- $134,967
- Balance remaining
- $610,785
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 Signature Elite Realty Ltd.. MLS®/PropTx.