1355 Victoria Park Avenue, Toronto, ON

Clairlea-Birchmount, Toronto · MLS® E13586120

$2,350,000
For Sale
Listed 1 day ago
3Bedrooms
2Bathrooms
5Parking
3000-3500Sq Ft
8 schools20+ transit stops13 parks20+ restaurantswithin 1.5 km

About this home

Own a piece of Toronto History. The William Devinish Home Original structure built in 1893. This home has a great deal of potential for a variety of uses. Formerly used as professional offices. Larger lot facing Victoria Park Ave.

Key facts

Property type
Detached, 2-Storey
MLS®
E13586120
Bedrooms
3
Bathrooms
2
Size
3000-3500
Lot
80.11 × 125.16 ft
Cross streets
Victoria Park & Delwood Dr
Parking
5 parking
Driveway
Lane, Private
Basement
Development Potential
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,877 / 2025
Days on market
1
Listing brokerage
RE/MAX MILLENNIUM REAL ESTATE

Rooms

Bedroom 3Second3.80 × 3.42 m
Bedroom 2Second3.80 × 3.95 m
KitchenGround7.20 × 3.15 m

Ceramic Floor

Dining RoomGround4.70 × 3.15 m

Combined w/Living

DenGround4.05 × 3.90 m
Living RoomGround4.70 × 3.15 m

Combined w/Dining

Primary BedroomSecond5.60 × 3.95 m

3 Pc Ensuite

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.72Mest. value

Listed at $2,350,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Clairlea-Birchmount lately, sellers have been getting about 101% of asking and homes sell in about 20 days.

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

Based on 67 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 67 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.37M, lower than the comparables and worth a second look.

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 $1.18M
  • Size difference +$419K
  • Bedrooms −$30K
  • Bathrooms −$30K
  • Adjusts to $1.53M

That comparable adjusts to $1.53M; the $2.72M estimate above is the median of all 67 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.

The assigned public school is SATEC @ W A Porter 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. Bus stop is about a 1-minute walk away.

List price
$2.35MGreat deal$2.85MOverpriced

Total price vs nearby homes. Fair value about $2.72M, median of 67 comparables.

Live market pulseActive comparables in Clairlea-Birchmount · median list $975K
$723this home / sqft
14active listings nearby
1days on market
98sold nearby · 90 days
$968Kmedian sold price
101%of asking, on average

This home lists 12% below the area average of $826/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

Clairlea-Birchmount, 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

31/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Bus stop, about 59 m away

20+ transit stops8 grocery20+ dining13 parks8 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.

Birchcliffe-Cliffside
$1.53M
East York
$925K
Bayview Village
$1.93M
Bedford Park-Nortown
$3.76M
Willowdale East
$1.99M

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 Clairlea Public School
57%
Clairlea Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 57% meet the provincial standard

Affordability & Mortgage

Affordability
$10,711/mo
$427KIncome needed
5.5×Price ÷ income
$2,472Weekly 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.

95%mortgage
Mortgage $10,711Property tax $573Total carry $11,284

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,032per month

Mortgage amount $1,880,000 · 4.14% over 25 years

$470,000Down payment (20.0%)
$1,880,000Loan before insurance
$0CMHC premium
$10,605Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,032
Property tax
$573
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,605

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

One-time closing costs

Ontario land transfer tax
$45,225
Toronto municipal land transfer tax
$45,225
Estimated closing costs
$90,450

Plus your down payment of $470,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,185/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

$1,129,713Total interest paid
$3,009,713Total of all payments
Principal $1,880,000 Interest $1,129,713
YearPrincipalInterestBalance
1$44,042$76,347$1,835,958
2$45,884$74,504$1,790,074
3$47,803$72,585$1,742,271
4$49,803$70,586$1,692,468
5$51,886$68,502$1,640,582
6$54,056$66,332$1,586,525
7$56,318$64,071$1,530,208
8$58,673$61,715$1,471,534
9$61,127$59,261$1,410,407
10$63,684$56,704$1,346,723
11$66,348$54,040$1,280,375
12$69,123$51,265$1,211,251
13$72,015$48,374$1,139,237
14$75,027$45,362$1,064,210
15$78,165$42,223$986,045
16$81,435$38,954$904,610
17$84,841$35,548$819,769
18$88,390$31,999$731,379
19$92,087$28,302$639,292
20$95,939$24,450$543,353
21$99,952$20,437$443,401
22$104,133$16,256$339,269
23$108,488$11,900$230,780
24$113,026$7,362$117,754
25$117,754$2,635$0

At the end of your 5-year term

Total paid over the term
$601,943
Principal paid down
$239,418
Interest paid
$362,524
Balance remaining
$1,640,582

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$6,300/mo
$75,600Gross annual rent
2.5%Est. cap rate

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.

3.2%
Gross yield
− Property tax $6,877− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $59,007

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. MLS®/PropTx.

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