64 Laurel Avenue, Toronto, ON

Kennedy Park, Toronto · MLS® E13800160

$899,000
For Sale
Listed 31 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
2Parking
700-1100Sq ft

About this home

In short

  • ABSOLUTELY GORGEOUS 3-BEDROOM DETACHED BUNGALOW + SEPARATE ENTRANCE FINISHED BASEMENT APARTMENT.
  • Nestled on a quiet street, this stunning bungalow showcases extensive upgrades with a brand-new, fully renovated interior and exterior.
  • The property features two fully equipped kitchensone on the main level with three spacious bedrooms, and another in the 2-bedroom, 1-bath + spacious living/dining...
  • The separate entrance to the basement makes it perfect for extended family living or rental income generation.

ABSOLUTELY GORGEOUS 3-BEDROOM DETACHED BUNGALOW + SEPARATE ENTRANCE FINISHED BASEMENT APARTMENT. Nestled on a quiet street, this stunning bungalow showcases extensive upgrades with a brand-new, fully renovated interior and exterior. The home greets you with a professionally designed interlock driveway, a welcoming porch, and a beautifully landscaped backyard.The property features two fully equipped kitchensone on the main level with three spacious bedrooms, and another in the 2-bedroom, 1-bath + spacious living/dining basement apartment. The separate entrance to the basement makes it perfect for extended family living or rental income generation.Every detail has been meticulously upgraded, providing a modern and fresh feel throughout. Conveniently located just steps from TTC, shopping centers, schools, and medical facilities, this home is both a remarkable opportunity for homeowners and an exceptional cash-flow investment for savvy investors. This home is perfect for first-time buyers a remarkable, rarely found gem!

Key facts

Property type
Detached, Bungalow
MLS®
E13800160
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
30.07 × 104.12 ft
Cross streets
Danforth/St.Clair
Parking
2 parking
Driveway
Private
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,481 / 2026
Days on market
31
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

The assigned public school is Norman Cook 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.

Neighbourhood & location

Kennedy Park, 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.

Cliffcrest
$799K
Bendale
$900K
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Leaside
$2.15M

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 Norman Cook Junior Public School
56%
Norman Cook Junior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 56% meet the provincial standard
Robert Service Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Corvette Junior Public School · Public elementary0.6 km · 60% at standard
Scarborough Centre for Alternative Studi · Public secondary0.7 km
Caring and Safe School 3 · Public secondary0.7 km
South East Secondary Alternative School · Public secondary0.7 km
John A Leslie Public School · Public elementary1.1 km · 60% at standard
Walter Perry Junior Public School · Public elementary1.3 km · 66% at standard
Anson Park Public School · Public elementary1.3 km · 60% at standard
St Theresa Shrine Catholic School · Catholic elementary1.4 km · 67% at standard
General Brock Public School · Public elementary1.5 km · 55% at standard
R H King Academy · Public secondary1.6 km · 71% at standard
St John Henry Newman Catholic High School · Catholic secondary1.6 km · 63% at standard
St Joan of Arc Catholic Academy · Catholic secondary1.8 km · 61% at standard

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

Affordability & Mortgage

Affordability
$4,097/mo
$171KIncome needed
5.2×Price ÷ income
$946Weekly cost
$28,910Land 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 $4,097Property tax $373Total carry $4,471

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,350Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$373
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,350

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

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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
Estimate$1,450/mo
$17,400Gross annual rent
1.1%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

1.9%
Gross yield
− Property tax $4,481− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,605

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

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