23 Penetang Crescent, Toronto, ON
Bendale, Toronto · MLS® E13784386
About this home
In short
- THE PERFECT BLEND OF LIFESTYLE, SPACE & INCOME.
- Beautifully finished throughout, this home features spacious rooms, hardwood floors and a custom kitchen with quartz countertops, breakfast bar and modern finishes.
- Step outside to your own private summer retreat with a large deck, side yard and in-ground pool.
- The fully finished basement with separate entrance adds incredible flexibility and income potential.
- In-Ground Pool, Large Deck, Side Yard, Insulated Carport W/Cedar Ceiling & Pot Lights, Separate Basement Entrance, Custom Kitchen W/Quartz Counters & Breakfast Bar.
THE PERFECT BLEND OF LIFESTYLE, SPACE & INCOME! Welcome to 23 Penetang, an exceptional opportunity for investors, growing families and multi-generational living. Beautifully finished throughout, this home features spacious rooms, hardwood floors and a custom kitchen with quartz countertops, breakfast bar and modern finishes. Step outside to your own private summer retreat with a large deck, side yard and in-ground pool. The fully finished basement with separate entrance adds incredible flexibility and income potential. Currently generating approx. $3,300/month on the main floor + $1,800/month from the basement. Continue as an income-producing investment, live in one portion while offsetting your mortgage, or create the space your growing family needs. A home to enjoy today, with income potential working for your future. In-Ground Pool, Large Deck, Side Yard, Insulated Carport W/Cedar Ceiling & Pot Lights, Separate Basement Entrance, Custom Kitchen W/Quartz Counters & Breakfast Bar. Excellent Income & Multi-Generational Potential.
Key facts
- Property type
- Detached, Backsplit 3
- MLS®
- E13784386
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 43.1 × 117.41 ft
- Cross streets
- Brimley/Lawrence
- Parking
- 5 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Other
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $4,504 / 2025
- Days on market
- 5
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
walk-in closet(s) · hardwood floor · w/o to deck
walk-in closet(s) · hardwood floor · w/o to deck
large window · led lighting · laminate
bay window · hardwood floor · pot lights
updated · folding door · b/i appliances
b/i appliances · breakfast area · porcelain floor
laminate · led lighting · open concept
b/i appliances · porcelain floor · breakfast bar
overlooks living · hardwood floor · led lighting
tile floor · b/i appliances · separate room
large closet · large window · hardwood floor
Listed at $999,900. Recent sales of homes like it put this one around $854K, so the ask is about 17% above what similar homes have sold for.
If it sells at this ask, expect about $984K, typically $959K to $996K: that is where homes here have closed against their asks in the last 90 days (24 closings).
The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).
Total price vs nearby homes. Fair value about $854K, learned from recent GTA sales.
The market behind the math:
About 0.8 months of inventory: 6 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $769/sqft against an area asking average of $719/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Bendale: 62 of the 215 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 156 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $873K. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Hunter's Glen 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 156 comparable homes that sold in Bendale over the past two years, from 210 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $743/sqft; this home lists at $769/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Bendale, 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 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $799,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,379
- Property tax
- $375
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,754
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Estimated closing costs
- $32,946
Plus your down payment of $199,980. 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
- $262,713
- Principal paid down
- $98,904
- Interest paid
- $163,809
- Balance remaining
- $701,016
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
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 numbersThe last 42 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 $2,766. 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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.