29 Shudell Avenue, Toronto, ON
Blake-Jones, Toronto · MLS® E13780238
About this home
In short
- Welcome to The Shudell Cottage, a charming Toronto cottage in its own right, with the added potential to renovate, expand or explore the construction of a new custom...
- Built circa 1912, this two-bedroom cottage pairs an intimate sense of scale with a thoughtful, easy-flowing plan.
- Hardwood floors, crown moulding and south-facing windows lend warmth, character and natural light.
- Set on a 25-by-113-foot lot, the property is completed by a detached one-car garage with rear laneway access.
Welcome to The Shudell Cottage, a charming Toronto cottage in its own right, with the added potential to renovate, expand or explore the construction of a new custom home with a possible laneway suite, subject to zoning, approvals and permits. This characterful detached home on a prized residential street in East York. Built circa 1912, this two-bedroom cottage pairs an intimate sense of scale with a thoughtful, easy-flowing plan. A covered front verandah and steep gabled façade introduce the home, while a long central hall creates a clear progression through the interior. The primary bedroom is positioned at the front, with a versatile second bedroom farther along. At the rear, the hallway opens into a comfortable living room centred on a traditional fireplace. Hardwood floors, crown moulding and south-facing windows lend warmth, character and natural light.The adjoining eat-in kitchen features white-painted cabinetry, pale work surfaces and room for everyday dining, with the full bathroom accessed directly from the kitchen. The lower level accommodates laundry, mechanical systems and useful storage. Outside, a frame deck extends into a deep, fenced garden beneath established trees.Set on a 25-by-113-foot lot, the property is completed by a detached one-car garage with rear laneway access. A charming Toronto cottage with practical living space, inviting outdoor space and compelling long-term potential.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13780238
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 25 × 113 ft
- Cross streets
- Jones Ave and Gerrard Street East
- Parking
- 1 garage (detached)
- Driveway
- Lane
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding, Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,156 / 2026
- Days on market
- 35
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
walk-out · eat-in kitchen · window
window · closet · hardwood floor
window · closet · hardwood floor
gas fireplace · hardwood floor · walk-out
Listed at $1,200,000, about 33% above our estimate of $900K (homes like it typically land between $843K and $943K).
Why $900K. The typical detached home sold in Blake-Jones over the past year went for about $1.50M (23 sales). What sets this one apart:
- ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $5,156 a year; the typical home sold here pays about $6,200.
- ▼ Lowers it2 bedrooms and 1 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Fair value about $900K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $1,333/sqft against an area asking average of $958/sqft.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.22M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
Schools & getting aroundcatchment and transit
Its public catchment (Blake Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Blake-Jones, so I widened the search to the surrounding area.
Based on 9 comparable homes that sold in Blake-Jones over the past two years, from 38 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $900K, which is where my estimate comes from.
Per square foot, these ask about $1,020/sqft; this home lists at $1,333/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Blake-Jones, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 20, 2026); conventional rates run a little higher.
Mortgage amount $960,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,308
- Property tax
- $430
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,738
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,475
- Toronto municipal land transfer tax
- $20,475
- Estimated closing costs
- $40,950
Plus your down payment of $240,000. 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
- $318,480
- Principal paid down
- $117,294
- Interest paid
- $201,186
- Balance remaining
- $842,706
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 6 whole-home leases in Blake-Jones signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,661. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.