82 August Avenue, Toronto, ON

Oakridge, Toronto · MLS® E13588978

$799,000
For Sale
Listed 1 day ago
3Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Don't miss this exciting opportunity to own a two-storey, detached home in the vibrant Danforth Village! Nestled on a 20 x 122 ft lot, this well-maintained, three-bedroom residence is perfect for a growing family. The main floor features a thoughtful, open concept layout that seamlessly blends comfort with functionality. The tastefully updated kitchen walks out directly onto a large deck overlooking your future backyard sanctuary, offering an exceptional chance to take those Summer BBQs to the next level. The second floor boasts three sun-drenched bedrooms, including a spacious primary that comes equipped with a double closet and large, west-facing windows. Unlock the potential of the basement and create the garden of your dreams on the deep lot, which was freshly sodded in 2018. Upgrades include a new roof in 2019, the hardwood floors were re-sanded in 2018, a back-flow preventer was installed in 2021, while the furnace and central air conditioner were both installed in 2017. Conveniently located steps from the TTC, Victoria Park Station and Danforth GO for easy access to the downtown core. In an area surrounded by fantastic parks, schools, Oakridge Community Centre, Dentonia Park Golf Course, Shoppers World Plaza, Comedy Bar East, as well as all of the shops and cafes of The Danforth, you truly get the best of what life in the city has to offer.

Key facts

Property type
Detached, 2-Storey
MLS®
E13588978
Bedrooms
3
Bathrooms
1
Size
700-1100
Lot
20 × 122.75 ft
Cross streets
Pharmacy & Danforth Ave
Parking
1 parking
Driveway
Front Yard Parking
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Stucco (Plaster)
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,230 / 2026
Days on market
1
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

Bedroom 3Second2.88 × 3.27 m

hardwood floor · east view · closet

Dining RoomMain3.06 × 3.60 m

hardwood floor · combined w/living · open concept

Bedroom 2Second2.35 × 2.48 m

hardwood floor · closet · south view

Primary BedroomSecond3.75 × 3.89 m

overlooks backyard · west view · hardwood floor

KitchenMain3.82 × 3.90 m

w/o to deck · b/i dishwasher · overlooks backyard

Living RoomMain3.06 × 3.92 m

hardwood floor · combined w/dining · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$832Kest. value

Listed at $799,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Oakridge lately, sellers have been getting about 101% of asking and homes sell in about 16 days.

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

Based on 52 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 52 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $638K, 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 $799K
  • Bathrooms −$13K
  • Adjusts to $786K

That comparable adjusts to $786K; the $832K estimate above is the median of all 52 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 Oakridge Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$749KGreat deal$973KOverpriced

Total price vs nearby homes. Fair value about $832K, median of 52 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$955kavg asking

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

1 Damascus Drive$800k511 Donlands Avenue$925k42 Kamloops Drive$999k250 Springdale Boulevard$950k664 Rhodes Avenue$1.10M

The 5 closest of 6 active listings nearby.

See all comparable homes
799kThis home800k925k999k950k1.10MThis home vs active comparables
Live market pulseActive comparables in Oakridge · median list $800K
$888this home / sqft
12active listings nearby
1days on market
97sold nearby · 90 days
$1.02Mmedian sold price
101%of asking, on average

This home lists 5% above the area average of $843/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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Birchcliffe-Cliffside
$1.91M
Danforth Village-East York
$1000K
Highland Creek
$1.60M
Leaside
$1.73M
L'Amoreaux
$1.54M

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 Oakridge Junior Public School
61%
Oakridge Junior Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 61% meet the provincial standard

Affordability & Mortgage

Affordability
$3,642/mo
$150KIncome needed
5.3×Price ÷ income
$840Weekly 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.

93%mortgage
Mortgage $3,642Property tax $269Total carry $3,911

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,411per month

Mortgage amount $639,200 · 4.14% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,680Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,411
Property tax
$269
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,680

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,143/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

$384,103Total interest paid
$1,023,303Total of all payments
Principal $639,200 Interest $384,103
YearPrincipalInterestBalance
1$14,974$25,958$624,226
2$15,601$25,332$608,625
3$16,253$24,679$592,372
4$16,933$23,999$575,439
5$17,641$23,291$557,798
6$18,379$22,553$539,419
7$19,148$21,784$520,271
8$19,949$20,983$500,322
9$20,783$20,149$479,538
10$21,653$19,279$457,886
11$22,558$18,374$435,327
12$23,502$17,430$411,825
13$24,485$16,447$387,340
14$25,509$15,423$361,831
15$26,576$14,356$335,255
16$27,688$13,244$307,567
17$28,846$12,086$278,721
18$30,053$10,880$248,669
19$31,310$9,623$217,359
20$32,619$8,313$184,740
21$33,984$6,948$150,756
22$35,405$5,527$115,351
23$36,886$4,046$78,465
24$38,429$2,503$40,036
25$40,036$896$0

At the end of your 5-year term

Total paid over the term
$204,661
Principal paid down
$81,402
Interest paid
$123,258
Balance remaining
$557,798

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
1.4%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.

2.2%
Gross yield
− Property tax $3,230− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,856

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

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