118 Rexleigh Drive, Toronto, ON
O'Connor-Parkview, Toronto · MLS® E13683676
About this home
Welcome to 118 Rexleigh Dr-a beautifully renovated all-brick bungalow on a rare 45 ft x 159 ft lot in a desirable area ofO'Connor-Parkview. The main floor is filled with natural light and offers serene views of the surrounding landscape. It featuresan open-concept kitchen with stainless-steel appliances and a granite countertop, overlooking the living and dining areas. Amodern bathroom and three generously sized bedrooms. This unique house offers endless possibilities-ideal as a familyresidence, a perfect investment, or the ideal site to build your dream home in the heart of East York. Step outside to a spaciouspool-sized backyard, perfect for summer BBQs and family gatherings. Enjoy the best of both worlds: stroll to Taylor Creek,explore peaceful tree-lined streets, and walk to top schools, restaurants, TTC, and all essential amenities. This rare, renovatedbungalow presents an exceptional opportunity. Surrounded by lush greenery, enjoy a perfect blend of privacy, tranquillity, andurban convenience-ideal for those seeking a peaceful, nature-rich setting to call home. The finished basement, with its ownentrance, kitchen, and two bedrooms, provides versatile space for extended family, entertaining, or guests. With quick access tothe DVP and downtown, this home combines peaceful living with the convenience of city amenities. Don't miss the opportunityto call 118 Rexleigh Dr your home!***Add to Extras:*** The following is the list of upgrades in 2018 and 2019: Roof and vents, pot lights, electrical panel (100AMP), main-floor appliances, upgraded double-glazed windows, furnace and ducts, entire-house waterproofing, the mainentrance stairs, basement finishing, the main door, and many more.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13683676
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 45 × 159.37 ft
- Cross streets
- St.Clair Ave E & Rexleigh
- Parking
- 3 parking
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,429 / 2025
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is George Webster Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
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 27% above the area average of $1,126/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
O'Connor-Parkview, Toronto, ON
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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 4.09% via Ratehub.ca (as of August 17, 2026); conventional rates run a little higher.
Mortgage amount $1,029,600 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,551
- Property tax
- $452
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,003
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,215
- Toronto municipal land transfer tax
- $22,215
- Estimated closing costs
- $44,430
Plus your down payment of $257,400. 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
- $333,041
- Principal paid down
- $129,583
- Interest paid
- $203,458
- Balance remaining
- $900,017
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.