58 Joanith Drive, Toronto, ON
O'Connor-Parkview, Toronto · MLS® E13774756
About this home
In short
- Welcome to 58 Joanith Road, a turnkey legal two-unit dwelling in the heart of East York's growing community.
- Thoughtfully renovated with PERMITS and designed for both style and functionality, this charming bungalow offers an exceptional opportunity for homeowners...
- Step inside to discover a bright, open-concept interior that makes excellent use of every square foot.
- The main floor features impressive 10-foot ceilings, while the underpinned basement offers comfortable 8-foot ceilings.
- Additional improvements include a new 1-inch extended water line to the backyard-ideal for a future GARDEN SUITE -along with a sump pump, backflow valve, and interior...
Welcome to 58 Joanith Road, a turnkey legal two-unit dwelling in the heart of East York's growing community. Thoughtfully renovated with PERMITS and designed for both style and functionality, this charming bungalow offers an exceptional opportunity for homeowners, multi-generational families, and investors alike. Step inside to discover a bright, open-concept interior that makes excellent use of every square foot. The main floor features impressive 10-foot ceilings, while the underpinned basement offers comfortable 8-foot ceilings. Nearly every major component of the home has been updated, including the 200-amp electrical service, HVAC systems, ductwork, roof, plumbing, and more. Additional improvements include a new 1-inch extended water line to the backyard-ideal for a future GARDEN SUITE -along with a sump pump, backflow valve, and interior waterproofing backed by a 25-year warranty. The legal two-unit dwelling provides excellent income potential, whether you choose to live in one unit and rent the other or maximize the property's rental possibilities. Outside, enjoy two-car parking and a spacious backyard enclosed by a new fence. Located in a sought-after and rapidly growing East York neighbourhood, this move-in-ready property offers the perfect blend of modern upgrades, versatile living space, and future potential. Convenient location close to shopping, schools, public transportation, and major highways. The property is ideally situated near top-rated schools, Taylor Creek Park and its scenic trails, Stan Wadlow Park with year-round recreational opportunities, Michael Garron Hospital, and convenient TTC access. With quick connections to the Don Valley Parkway, you're also just minutes from downtown Toronto and all the wonders of Lake Ontario/Beaches. No need to get your hands dirty-this exceptional turnkey home is ready to go. A must-see!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13774756
- Bedrooms
- 2+2 (4 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 30 × 105 ft
- Cross streets
- St. Clair Ave E & Selwyn Ave
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Apartment, Separate Entrance, Walk-Up, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,236 / 2026
- Days on market
- 38
- Listing brokerage
- CULTURELINK REALTY INC.
Rooms
laminate · window
laminate · window
Concrete Floor
laminate · window
laminate · combined w/dining
Concrete Floor
laminate · combined w/dining · quartz counter
hardwood floor · closet
laminate · window
laminate · combined w/kitchen
Laminate
hardwood floor · closet
concrete floor · double sink
combined w/dining · open concept · window
combined w/dining · quartz counter · open concept
combined w/kitchen · laminate · open concept
Concrete Floor
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readOn schools, this address is zoned for Selwyn Elementary School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,081/sqft; this home lists at $1,064/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $766,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,238
- Property tax
- $353
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,591
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,635
- Toronto municipal land transfer tax
- $15,635
- Estimated closing costs
- $31,270
Plus your down payment of $191,600. 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
- $254,253
- Principal paid down
- $93,640
- Interest paid
- $160,613
- Balance remaining
- $672,760
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 CULTURELINK REALTY INC.. MLS®/PropTx.