5A Scotia Avenue, Toronto, ON
Oakridge, Toronto · MLS® E13586464
About this home
This is your opportunity to own a one of a kind immaculately finished three-bedroom home all throughout, with many of the upgrades being far above code requirements. As well as a completely self-sufficient occupied finished basement apartment, generating positive income. A total of 2255 sqft of living space. Vibrant double brick construction that has great engineering properties and gives a stately appearance. Colourful acacia hardwood flooring throughout, with porcelain flooring at the kitchen and bathrooms. Generous size family, and dining rooms, located on the main floor arranged with French doors. Brand new freshly designed kitchen with quartz countertop, and plentiful cabinet space. A large main floor entry closet, that offers plenty of storage. Conveniently located main floor laundry with sink and cabinetry. Three generous size bedrooms fitting queen sized beds, with thoughtful Ikea closet organizers. Two gorgeous custom bathrooms with stand-up showers, that needs to be seen to appreciate. Large backyard with a deck that's great for entertaining. Gorgeous landscaping front and back with mature trees, giving great curb appeal, and pride of ownership. Two large sheds, with one being built on a concrete pad, and 2x4 construction. High-quality materials and installation throughout the home. Private drive with pp to 7 car parking, with 2cars tandem. Close to schools, transit, and the beach.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13586464
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 30 × 118 ft
- Cross streets
- DANFORTH AVE / WARDEN AVE
- Parking
- 7 parking
- Driveway
- Available, Tandem, Private Double
- Basement
- Apartment, Separate Entrance, Full, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,178 / 2026
- Listing brokerage
- PG DIRECT REALTY LTD.
Rooms
Listed at $949,000, this home is about 25% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Oakridge, so I widened the search to the surrounding area.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $899K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $2.77M
- Bathrooms −$15K
- Adjusts to $2.75M
That comparable adjusts to $2.75M; the $1.27M estimate above is the median of all 9 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 @ Medford Ave is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.27M, median of 9 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
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 homesThis home lists 13% below the area average of $622/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Oakridge, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Danforth Ave @ Medford Ave, about 104 m away
Within a 15-minute (1.5 km) walk.
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 21, 2026); conventional rates run a little higher.
Mortgage amount $759,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,051
- Property tax
- $348
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,400
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,455
- Toronto municipal land transfer tax
- $15,455
- Estimated closing costs
- $30,910
Plus your down payment of $189,800. 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
- $243,082
- Principal paid down
- $96,684
- Interest paid
- $146,398
- Balance remaining
- $662,516
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 PG DIRECT REALTY LTD.. MLS®/PropTx.