18 Romulus Drive, Toronto, ON

Bendale, Toronto · MLS® E13768170

$879,000
For Sale
Listed 10 days agoNo offer date stated
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4Bedrooms
2Bathrooms
4Parking
1100-1500Sq ft

About this home

In short

  • Attention growing families, investors & contractors, 18 Romulus Dr, for the first time since 1960, is now listed for sale.
  • Located on a quiet, family friendly street, this 1,368sqft, 4 bedroom bungalow is situated on a deep, pie shaped, south facing lot (41ft wide at front, 151ft deep...
  • This home features a spacious open concept living and dining room combo, family sized eat-in kitchen with gas stove, 4 large bedrooms on the main floor, a 4pc main...
  • The full sized, partially finished basement has a side entrance, recreation room, family room, kitchenette, 2pc bathroom, above grade windows, 200amp electrical...
  • Let your imagination and renovations (possible addition) make this your dream home.

Attention growing families, investors & contractors, 18 Romulus Dr, for the first time since 1960, is now listed for sale. Located on a quiet, family friendly street, this 1,368sqft, 4 bedroom bungalow is situated on a deep, pie shaped, south facing lot (41ft wide at front, 151ft deep, 181ft deep & 76ft wide at the rear). This home features a spacious open concept living and dining room combo, family sized eat-in kitchen with gas stove, 4 large bedrooms on the main floor, a 4pc main bath & is loaded with hardwood floors. The full sized, partially finished basement has a side entrance, recreation room, family room, kitchenette, 2pc bathroom, above grade windows, 200amp electrical panel, newer furnace and poured concrete foundation. Enjoy bbq'in & making family memories in the huge, private backyard with mature trees. 4 car parking, close to transit, amenities and schools. Let your imagination and renovations (possible addition) make this your dream home!

Key facts

Property type
Detached, Bungalow
MLS®
E13768170
Bedrooms
4
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
41.19 × 151.8 ft
Cross streets
Midland / Romulus
Parking
4 parking
Basement
Separate Entrance, Partially Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,650 / 2026
Days on market
10
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Dining RoomGround3.85 × 2.70 m
Bedroom 4Ground3.45 × 3.10 m

hardwood floor · large window · closet

Bedroom 3Ground3.95 × 2.67 m

hardwood floor · large window · closet

KitchenGround3.45 × 3.10 m
Living RoomGround5.05 × 3.35 m
Family RoomBasement4.60 × 3.50 m
Bedroom 2Ground3.35 × 3.10 m

hardwood floor · large window · closet

RecreationBasement5.00 × 3.90 m
Primary BedroomGround3.90 × 3.30 m

hardwood floor · semi ensuite · double closet

OtherBasement4.70 × 3.30 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$865Klikely closing

Listed at $879,000 with no offer date. Homes here have been closing close to ask, so my read is $865K, typically $843K to $875K. Comparable closings on their own put this home around $858K, which supports the ask, so this is a firm read.

List price
$843KBelow recent closings$879KAbove recent closings

Total price vs nearby homes. Likely closing about $865K, from 24 recent closings in this pocket.

The market behind the math:

24sold nearby · 90 days
$855Kmedian sold price
98%of asking, on average
−8%prices vs a year ago
~22 dayshomes like this take to sell
10days on market so far
$2,839/moest. rent · 41 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 8 detached homes for sale in the area against 24 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 $676/sqft against an area asking average of $714/sqft. Size and $/sqft both feed the estimate above.

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.

It never sees the asking price. The 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $854K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Lord Roberts 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 24 comparable homes that sold in Bendale over the past two years, from 210 closings there.

Neighbourhood & location

Bendale, 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.

Wexford-Maryvale
$896K
Cliffcrest
$1.41M
Woburn
$853K
Willowdale East
$2.23M
York University Heights
$1.07M

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 Lord Roberts Junior Public School
69%
Lord Roberts Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 69% meet the provincial standard
Charles Gordon Senior Public SchoolEQAO results not published
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
Hunter's Glen Junior Public School · Public elementary0.4 km · 66% at standard
St Joan of Arc Catholic Academy · Catholic secondary0.9 km · 61% at standard
David and Mary Thomson Collegiate Institute · Public secondary1.1 km · 52% at standard
Winston Churchill Collegiate Institute · Public secondary1.1 km · 44% at standard
Ionview Public School · Public elementary1.1 km · 64% at standard
Glen Ravine Junior Public School · Public elementary1.2 km · 62% at standard
General Crerar Public School · Public elementary1.2 km · 57% at standard
Knob Hill Public School · Public elementary1.2 km · 57% at standard
St Lawrence Catholic School · Catholic elementary1.3 km · 59% at standard
Dorset Park Public School · Public elementary1.3 km · 62% at standard
Donwood Park Public School · Public elementary1.4 km · 57% at standard
St Maria Goretti Catholic School · Catholic elementary1.6 km · 56% at standard

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

Affordability & Mortgage

Affordability
$4,006/mo
$169KIncome needed
5.2×Price ÷ income
$925Weekly cost
$28,110Land 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.

91%mortgage
Mortgage $4,006Property tax $387Total carry $4,394

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,849per month

Mortgage amount $703,200 · 4.39% over 25 years

$175,800Down payment (20.0%)
$703,200Loan before insurance
$0CMHC premium
$4,237Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,849
Property tax
$388
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,237

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

One-time closing costs

Ontario land transfer tax
$14,055
Toronto municipal land transfer tax
$14,055
Estimated closing costs
$28,110

Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,663/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

$451,541Total interest paid
$1,154,741Total of all payments
Principal $703,200 Interest $451,541
YearPrincipalInterestBalance
1$15,913$30,277$687,287
2$16,619$29,571$670,669
3$17,356$28,833$653,312
4$18,127$28,063$635,186
5$18,931$27,258$616,255
6$19,771$26,418$596,483
7$20,649$25,541$575,834
8$21,565$24,624$554,269
9$22,522$23,667$531,747
10$23,522$22,668$508,225
11$24,566$21,624$483,659
12$25,656$20,533$458,003
13$26,795$19,395$431,208
14$27,984$18,206$403,224
15$29,226$16,964$373,998
16$30,523$15,666$343,475
17$31,878$14,312$311,597
18$33,293$12,897$278,304
19$34,770$11,419$243,534
20$36,313$9,876$207,221
21$37,925$8,265$169,296
22$39,608$6,581$129,687
23$41,366$4,824$88,321
24$43,202$2,988$45,119
25$45,119$1,070$0

At the end of your 5-year term

Total paid over the term
$230,948
Principal paid down
$86,945
Interest paid
$144,003
Balance remaining
$616,255

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 41 whole-home leases in Bendale$2,839/mo
$34,068Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,650 to $3,127Typical rent range
~41 daysTo find a tenant, on average

The suite is real income here: basements rent in Bendale (62 of 215 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 41 whole-home leases in Bendale signed at a median of $2,601 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,839. 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.

3.9%
Gross yield
− Property tax $4,650− Insurance $1,400− Vacancy & upkeep $3,747Net operating income $24,271

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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