135 Conn Smythe Drive, Toronto, ON

Scarborough Village, Toronto · MLS® E13739142

$700,000
For Sale
Listed 9 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this END UNIT (No Maintenance Fee) spacious and inviting 3-bedroom, 4 washroom home located in the highly convenient and family-friendly Scarborough...
  • Private/Separate entrance access through backyard to the home which can be created into a potential unit to bring in rental income.
  • Commuters will appreciate the convenient access to Highway 401 and TTC public transit, providing easy connections throughout Scarborough, downtown Toronto, and the...

Welcome to this END UNIT (No Maintenance Fee) spacious and inviting 3-bedroom, 4 washroom home located in the highly convenient and family-friendly Scarborough Village community. Featuring a practical and comfortable layout with generously sized living spaces, this home offers plenty of room for families, working professionals, or anyone looking for added space in a well-established neighbourhood. The three spacious bedrooms provide comfortable private retreats, while four washrooms offer added convenience for busy households. The functional layout creates an excellent setting for everyday living, relaxing, working from home, and entertaining family and friends. Private/Separate entrance access through backyard to the home which can be created into a potential unit to bring in rental income. Ideally situated near several respected schools, including Scarborough Village Public School, Mason Road Junior Public School, St. Boniface Catholic School, and Cedar Drive Junior Public School. Post-secondary institutions such as Centennial College, Stanford International College, and the University of Toronto Scarborough are also within convenient reach. Enjoy easy access to outdoor recreation at McCowan Park and Cedargrove Park, along with shopping, dining, groceries, and everyday essentials at Scarborough Town Centre and Cedarbrae Mall. Scarborough Health Network-General Hospital and Centenary Hospital are also nearby. Commuters will appreciate the convenient access to Highway 401 and TTC public transit, providing easy connections throughout Scarborough, downtown Toronto, and the rest of the GTA. A wonderful opportunity to enjoy a spacious home in a convenient location surrounded by schools, parks, shopping, healthcare, and transit.

Key facts

Property type
Townhouse, 3-Storey
MLS®
E13739142
Bedrooms
3
Bathrooms
4 (2 half)
Size
1100-1500 sq ft
Lot
49.02 × 79.53 ft
Cross streets
Markham /Eglinton
Parking
1 garage · 3 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,393 / 2025
Days on market
9
Listing brokerage
ROYAL LEPAGE IGNITE REALTY

Rooms

Bedroom 2Second2.15 × 2.60 m

hardwood floor · closet · window

Family RoomGround4.72 × 2.78 m

Laminate

Living RoomSecond3.90 × 3.21 m

laminate · window

Bedroom 3Second3.06 × 2.18 m

hardwood floor · closet · window

Dining RoomSecond2.54 × 2.69 m

laminate · window

Primary BedroomSecond3.06 × 3.03 m

hardwood floor · closet · window

KitchenSecond4.50 × 2.69 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
In line
$688Kest. value

Listed at $700,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $688K, typically $652K to $740K. Comparable closings on their own put this home around $659K, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $757K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$652KBelow recent closings$740KAbove recent closings

Total price vs nearby homes. Fair value about $688K, median of 6 comparables.

The market behind the math:

9days on market so far
$3,025/moest. rent · 5 leases
5.2%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $538/sqft against an area asking average of $733/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $757K, a bit higher.

What the listing highlights1 point to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
Schools & getting aroundcatchment and transit

The assigned public school is Scarborough Village Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

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

Based on 6 homes sold on this street over the past two years, from 14 closings in Scarborough Village.

What sellers nearby are askingCurrently listed nearby · asking prices
$800kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $659K, which is where my estimate comes from.

Per square foot, these ask about $434/sqft; this home lists at $538/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
700kThis home700k699k799k1000kThis home vs active comparables

Neighbourhood & location

Scarborough Village, 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.

Clairlea-Birchmount
$850K
Malvern
$690K
Victoria Village
$970K
L'Amoreaux
$677K
Greenwood-Coxwell
$1.15M

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 Scarborough Village Public School
65%
Scarborough Village Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 65% meet the provincial standard
Maplewood High SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Mason Road Junior Public School · Public elementary0.6 km · 43% at standard
Cedarbrook Public School · Public elementary0.7 km · 48% at standard
Cedar Drive Junior Public School · Public elementary0.8 km · 53% at standard
George P Mackie Junior Public School · Public elementary1.1 km · 81% at standard
Bliss Carman Senior Public School · Public elementary1.3 km
John McCrae Public School · Public elementary1.3 km · 54% at standard
Cedarbrae Collegiate Institute · Public secondary1.4 km · 56% at standard
Elizabeth Simcoe Junior Public School · Public elementary1.5 km · 81% at standard
Cornell Junior Public School · Public elementary1.8 km · 74% at standard
H A Halbert Junior Public School · Public elementary1.9 km · 46% at standard
Native Learning Centre East · Public secondary2.0 km
St Rose of Lima Catholic School · Catholic elementary2.0 km · 73% at standard

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

Affordability & Mortgage

Affordability
$3,190/mo
$134KIncome needed
5.2×Price ÷ income
$736Weekly cost
$20,950Land 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 $3,190Property tax $283Total carry $3,473

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,019per month

Mortgage amount $560,000 · 4.24% over 25 years

$140,000Down payment (20.0%)
$560,000Loan before insurance
$0CMHC premium
$3,302Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,019
Property tax
$283
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,302

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

One-time closing costs

Ontario land transfer tax
$10,475
Toronto municipal land transfer tax
$10,475
Estimated closing costs
$20,950

Plus your down payment of $140,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$3,663/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

$345,707Total interest paid
$905,707Total of all payments
Principal $560,000 Interest $345,707
YearPrincipalInterestBalance
1$12,939$23,290$547,061
2$13,493$22,735$533,568
3$14,071$22,157$519,497
4$14,674$21,554$504,823
5$15,303$20,925$489,520
6$15,959$20,270$473,561
7$16,643$19,586$456,918
8$17,356$18,873$439,563
9$18,099$18,129$421,463
10$18,875$17,353$402,588
11$19,684$16,545$382,905
12$20,527$15,701$362,378
13$21,407$14,822$340,971
14$22,324$13,904$318,647
15$23,281$12,948$295,366
16$24,278$11,950$271,088
17$25,318$10,910$245,770
18$26,403$9,825$219,367
19$27,535$8,694$191,832
20$28,714$7,514$163,117
21$29,945$6,283$133,172
22$31,228$5,000$101,944
23$32,566$3,662$69,378
24$33,962$2,267$35,417
25$35,417$811$0

At the end of your 5-year term

Total paid over the term
$181,141
Principal paid down
$70,480
Interest paid
$110,661
Balance remaining
$489,520

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 5 whole-home leases in Scarborough Village$3,025/mo
$36,300Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,662 to $3,388Typical rent range

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 5 whole-home leases in Scarborough Village signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,025. 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.

5.2%
Gross yield
− Property tax $3,393− Insurance $1,400− Vacancy & upkeep $3,993Net operating income $27,514

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

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