256 Ferris Road, Toronto, ON
O'Connor-Parkview, Toronto · MLS® E13810224
About this home
In short
- Excellent Opportunity To Renovate and Customize Your Dream Home In One Of East York's Most Desirable Pockets.
- Handyman or Investor Special.
- Separate Entrance to Basement for Potential Income, In-Law Suite or Additional Living Space.
- This Solid Detached Brick Bungalow With A 2-Car Garage Plus 2-Car Parking on Private Driveway Is Nestled In A Family-Oriented Community, Backing Onto The Beauty Of...
- Located Minutes To The DVP, Transit, Schools, Parks, And Everyday Amenities.
Excellent Opportunity To Renovate and Customize Your Dream Home In One Of East York's Most Desirable Pockets! Handyman or Investor Special! Separate Entrance to Basement for Potential Income, In-Law Suite or Additional Living Space. This Solid Detached Brick Bungalow With A 2-Car Garage Plus 2-Car Parking on Private Driveway Is Nestled In A Family-Oriented Community, Backing Onto The Beauty Of Taylor Creek Park, Just Steps Away From Nature Trails. Enjoy The Benefits Of Outdoor Living With Scenic Walks Through The Forest, Biking Along Paved Trails, Cross-Country Skiing, And Peaceful Strolls With Your Family Or Pets. Featuring A Bright And Functional Layout With 3 Bedrooms, 2 Bathrooms, And Plenty Of Natural Light Throughout. The Backyard Provides A Wonderful Setting For Summer BBQs, Family Gatherings, Entertaining Friends, Or Enjoying Your Gardening Passion In A Peaceful Outdoor Retreat. Located Minutes To The DVP, Transit, Schools, Parks, And Everyday Amenities. A Great Opportunity For Those Looking To Put Their Own Touch On A Property Or Expand Their Investment Portfolio. Don't Miss This Incredible Value! See Virtual Tour and Floor Plans.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13810224
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 71.5 × 67.5 ft
- Cross streets
- St.Clair Ave E / Victoria Park Ave
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,738 / 2026
- Days on market
- 28
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
tile floor · window · double sink
Broadloom
hardwood floor · window · closet
hardwood floor · window · closet
tile floor · eat-in kitchen
Tile Floor
hardwood floor · window · closet
hardwood floor · window
hardwood floor · large window
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 readThe assigned public school is George Webster Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
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 $1,166/sqft; this home lists at $917/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
O'Connor-Parkview, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $660,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,649
- Property tax
- $395
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,044
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,975
- Toronto municipal land transfer tax
- $12,975
- Estimated closing costs
- $25,950
Plus your down payment of $165,000. 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
- $218,955
- Principal paid down
- $80,640
- Interest paid
- $138,315
- Balance remaining
- $579,360
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.