73 Aragon Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13703396

$1,299,000
For Sale
Listed 56 days agoNo offer date stated

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3Bedrooms
2Bathrooms
1Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Large Lot ( 71 feet frontage x 162 feet depth ) Lease out and Build later .
  • Great Location Please respect tenant .
  • Vacant posssession with 60 Days closing

Investment Property . Large Lot ( 71 feet frontage x 162 feet depth ) Lease out and Build later . Great Potential . Great Opportunity . Great Location Please respect tenant . Do not go direct . Vacant posssession with 60 Days closing

Key facts

Property type
Detached, Bungalow
MLS®
E13703396
Bedrooms
3
Bathrooms
2 (1 half)
Size
700-1100 sq ft
Lot
71 × 162 ft
Cross streets
Sheppard and Warden
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Separate Entrance, Partially Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Block, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,855 / 2026
Days on market
56
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

RecreationBasement3.10 × 6.10 m

broadloom · panelled

Living RoomGround3.54 × 4.94 m

Hardwood Floor

Bedroom 3Ground2.60 × 2.70 m

hardwood floor · closet

KitchenBasement14.60 × 5.30 m

ceramic floor · open concept

Bedroom 2Ground2.75 × 2.85 m

hardwood floor · closet

KitchenGround2.84 × 2.95 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Lynngate 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.

Neighbourhood & location

Tam O'Shanter-Sullivan, 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.

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 Lynngate Junior Public School
61%
Lynngate Junior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 61% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Vradenburg Junior Public School · Public elementary0.6 km · 75% at standard
Pauline Johnson Junior Public School · Public elementary0.7 km · 58% at standard
Tam O'Shanter Junior Public School · Public elementary0.9 km · 56% at standard
Inglewood Heights Junior Public School · Public elementary0.9 km · 72% at standard
Bridlewood Junior Public School · Public elementary1.0 km · 83% at standard
Glamorgan Junior Public School · Public elementary1.4 km · 63% at standard
Parkview Alternative School · Public secondary1.4 km
Caring and Safe School 2 · Public secondary1.4 km
Timberbank Junior Public School · Public elementary1.5 km · 71% at standard
Fairglen Junior Public School · Public elementary1.7 km · 74% at standard
Terraview-Willowfield Public School · Public elementary1.7 km · 72% at standard
North Bridlewood Junior Public School · Public elementary1.7 km · 69% at standard

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

Affordability & Mortgage

Affordability
$5,920/mo
$244KIncome needed
5.3×Price ÷ income
$1,366Weekly cost
$44,910Land 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.

92%mortgage
Mortgage $5,920Property tax $488Total carry $6,408

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)
$5,746per month

Mortgage amount $1,039,200 · 4.49% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$6,234Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,746
Property tax
$488
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,234

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,955/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

$684,575Total interest paid
$1,723,775Total of all payments
Principal $1,039,200 Interest $684,575
YearPrincipalInterestBalance
1$23,191$45,760$1,016,009
2$24,243$44,708$991,766
3$25,344$43,607$966,422
4$26,495$42,456$939,927
5$27,698$41,253$912,229
6$28,956$39,995$883,273
7$30,270$38,681$853,003
8$31,645$37,306$821,359
9$33,081$35,870$788,277
10$34,583$34,368$753,694
11$36,154$32,797$717,540
12$37,795$31,156$679,745
13$39,511$29,440$640,234
14$41,305$27,646$598,929
15$43,181$25,770$555,748
16$45,141$23,810$510,607
17$47,191$21,760$463,416
18$49,333$19,618$414,083
19$51,573$17,378$362,509
20$53,915$15,036$308,594
21$56,363$12,588$252,231
22$58,922$10,029$193,309
23$61,597$7,354$131,712
24$64,394$4,557$67,318
25$67,318$1,633$0

At the end of your 5-year term

Total paid over the term
$344,755
Principal paid down
$126,971
Interest paid
$217,784
Balance remaining
$912,229

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
0.6%Cap rate after taxes and upkeep

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 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.

1.3%
Gross yield
− Property tax $5,855− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,231

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

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