31-121 L'Amoreaux Drive, Toronto, ON

L'Amoreaux, Toronto · MLS® E13669526

$720,000
For Sale
Listed 68 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq ft

About this home

In short

  • Welcome to 121 L'Amoreaux Drive, nestled in the peaceful and family-friendly L'Amoreaux neighbourhood.
  • This 3-bedroom, 2-bathroom home offers a comfortable layout, 2 parking spaces including a garage and private driveway, and a welcoming backyard.
  • Recent updates include a new roof (2023) and new backyard tiling (2026).
  • Enjoy a quiet residential setting close to parks, schools, shopping, restaurants, public transit, and major highways including the 401 and 404.

Welcome to 121 L'Amoreaux Drive, nestled in the peaceful and family-friendly L'Amoreaux neighbourhood. This 3-bedroom, 2-bathroom home offers a comfortable layout, 2 parking spaces including a garage and private driveway, and a welcoming backyard. Recent updates include a new roof (2023) and new backyard tiling (2026). Enjoy a quiet residential setting close to parks, schools, shopping, restaurants, public transit, and major highways including the 401 and 404. A great opportunity to own in an established and convenient Scarborough community!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13669526
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Finch Ave E & Birchmount Rd
Parking
1 garage · 2 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$462/mo
Exposure
North East
Property tax
$3,040 / 2026
Days on market
68
Listing brokerage
MANORLEAD GROUP INC.

Rooms

Dining RoomMain3.41 × 3.20 m

broadloom · overlooks living

Primary BedroomSecond5.44 × 3.19 m

broadloom · window

Bedroom 2Second2.59 × 3.34 m

broadloom · window

Living RoomMain5.44 × 3.15 m

broadloom · w/o to yard

Bedroom 3Second3.45 × 2.79 m

broadloom · window

RecreationBasement5.39 × 4.39 m

Broadloom

KitchenMain3.25 × 2.86 m

ceramic floor · window

LaundryMain1.57 × 2.06 m

vinyl floor · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$703Klikely sale price

Listed at $720,000. Going by how homes in L'Amoreaux and the wider GTA have actually closed against their asking prices (about 98%, 17 local closings in 90 days), the likely sale price is near $703K, if it sells. A realistic range is $662K to $761K.

Independent value check: $640K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $595K and $673K).

Why $640K. The typical townhouse sold in L'Amoreaux over the past year went for about $673K (46 sales). What sets this one apart:

  • ▼ Lowers it slightlyIt is 1,000 to 1,199 sq ft; the typical home sold here is 1,200 to 1,399.

Longer on the market than typical. 68 days on the market against about 32 for homes like it here, and asking 12% above where comparable closings put it.

List price
$662KBelow recent closings$761KAbove recent closings

Total price vs nearby homes. Likely closing about $703K, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$663Kmedian sold price
101%of asking, on average
−9%prices vs a year ago
~25 dayshomes like this take to sell
68days on market so far
$2,700/moest. rent · 132 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 10 condo townhouse homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $655/sqft against an area asking average of $549/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $619K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Brookmill Boulevard 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.

Based on 17 comparable homes that sold in L'Amoreaux over the past two years, from 117 closings there.

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

L'Amoreaux, 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.

Dorset Park
$671K
Malvern
$646K
Victoria Village
$754K
St. Andrew-Windfields
$929K
West Hill
$575K

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 Brookmill Boulevard Junior Public School
82%
Brookmill Boulevard Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 82% meet the provincial standard
Sir Ernest MacMillan Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Silver Springs Public School · Public elementary0.8 km · 64% at standard
Timberbank Junior Public School · Public elementary0.9 km · 71% at standard
St Sylvester Catholic School · Catholic elementary0.9 km · 94% at standard
Highland Heights Junior Public School · Public elementary0.9 km · 60% at standard
Beverly Glen Junior Public School · Public elementary1.1 km · 74% at standard
David Lewis Public School · Public elementary1.3 km · 86% at standard
North Bridlewood Junior Public School · Public elementary1.4 km · 69% at standard
Lynnwood Heights Junior Public School · Public elementary1.5 km · 84% at standard
Epiphany of our Lord Catholic Academy · Catholic elementary1.5 km
John Buchan Senior Public School · Public elementary1.6 km
Dr Norman Bethune Collegiate Institute · Public secondary1.6 km · 81% at standard
Mary Ward Catholic Secondary School · Catholic secondary1.6 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,282/mo
$145KIncome needed
5.0×Price ÷ income
$757Weekly cost
$21,750Land transfer tax, one-time (Ontario + Toronto)
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.

82%mortgage
Mortgage $3,282Property tax $253Condo fee $462Total carry $3,997

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,185per month

Mortgage amount $576,000 · 4.49% over 25 years

$144,000Down payment (20.0%)
$576,000Loan before insurance
$0CMHC premium
$3,900Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,185
Property tax
$253
Condo / maintenance fees
$462
Heating
$0
Estimated monthly cost
$3,900

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

One-time closing costs

Ontario land transfer tax
$10,875
Toronto municipal land transfer tax
$10,875
Estimated closing costs
$21,750

Plus your down payment of $144,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,855/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

$379,441Total interest paid
$955,441Total of all payments
Principal $576,000 Interest $379,441
YearPrincipalInterestBalance
1$12,854$25,364$563,146
2$13,437$24,780$549,709
3$14,048$24,170$535,661
4$14,685$23,532$520,976
5$15,352$22,865$505,623
6$16,049$22,168$489,574
7$16,778$21,440$472,796
8$17,540$20,678$455,257
9$18,336$19,882$436,920
10$19,169$19,049$417,752
11$20,039$18,179$397,713
12$20,949$17,269$376,764
13$21,900$16,318$354,864
14$22,894$15,323$331,970
15$23,934$14,284$308,036
16$25,021$13,197$283,015
17$26,157$12,061$256,859
18$27,344$10,873$229,515
19$28,586$9,632$200,929
20$29,884$8,334$171,045
21$31,240$6,977$139,805
22$32,659$5,559$107,146
23$34,142$4,076$73,004
24$35,692$2,526$37,312
25$37,312$905$0

At the end of your 5-year term

Total paid over the term
$191,088
Principal paid down
$70,377
Interest paid
$120,712
Balance remaining
$505,623

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
From 132 whole-home leases in L'Amoreaux$2,700/mo
$32,400Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,505 to $2,835Typical rent range
~26 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 132 whole-home leases in L'Amoreaux signed at a median of $2,834 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,700. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.5%
Gross yield
− Property tax $3,040− Condo fees $5,541− Insurance $600− Vacancy & upkeep $3,564Net operating income $19,656

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

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