58 Deanvar Avenue, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13815836

$968,000
For Sale
Listed 26 days agoNo offer date stated

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6Bedrooms
3Bathrooms
1Garage · 3 parking
700-1100Sq ft

About this home

In short

  • Nestled in the heart of desirable Wexford-Maryvale, this versatile bungalow has been converted and optimized for peak rental performance.
  • The property features two bright separate units on the main level , each with separate entrance ,enclosed laundry and kitchen, besides it features a fully finished...
  • In addition , a laneway unit is currently under construction on the property.
  • Unbeatable everyday convenience meets commuting ease: walk to Victoria Terrace in just 1 minute, or reach Parkway Mall, local dining, and neighborhood schools in...
  • Commuters will appreciate the quick 2.3 km drive to Highway 401 and nearby rail transit just 3 km away.

Nestled in the heart of desirable Wexford-Maryvale, this versatile bungalow has been converted and optimized for peak rental performance. The property features two bright separate units on the main level , each with separate entrance ,enclosed laundry and kitchen, besides it features a fully finished 518 sq. ft. basement unit with its own private entrance , laundry and kitchen. In addition , a laneway unit is currently under construction on the property. The independent layouts make this an exceptional turn-key investment or an ideal home for buyers seeking a reliable mortgage helper. Unbeatable everyday convenience meets commuting ease: walk to Victoria Terrace in just 1 minute, or reach Parkway Mall, local dining, and neighborhood schools in under 5 minutes. Commuters will appreciate the quick 2.3 km drive to Highway 401 and nearby rail transit just 3 km away. Whether you want to generate multi-unit rental revenue, comfortably house multi-generational family members, or customize the space to your style, this property offers endless potential in a prime sought after Toronto location.

Key facts

Property type
Detached, Backsplit 3
MLS®
E13815836
Bedrooms
6
Bathrooms
3 (3 half)
Size
700-1100 sq ft
Lot
40 × 125 ft
Cross streets
victoria/lawrence
Parking
1 garage · 3 parking (detached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,080 / 2025
Days on market
26
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Buchanan 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

Wexford-Maryvale, 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.

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 Buchanan Public School
53%
Buchanan Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 53% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Broadlands Public School · Public elementary0.7 km · 68% at standard
Senator O'Connor College School · Catholic secondary0.7 km · 76% at standard
Maryvale Public School · Public elementary0.7 km · 52% at standard
Wexford Public School · Public elementary1.0 km · 55% at standard
Precious Blood Catholic School · Catholic elementary1.1 km · 79% at standard
Annunciation Catholic School · Catholic elementary1.2 km · 78% at standard
Manhattan Park Junior Public School · Public elementary1.2 km
Ranchdale Public School · Public elementary1.3 km · 67% at standard
Victoria Park Collegiate Institute · Public secondary1.4 km · 68% at standard
Victoria Village Public School · Public elementary1.5 km · 43% at standard
St Catherine Catholic School · Catholic elementary1.5 km · 57% at standard
Milne Valley Middle School · Public elementary1.5 km · 61% at standard

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

Affordability & Mortgage

Affordability
$4,412/mo
$182KIncome needed
5.3×Price ÷ income
$1,018Weekly cost
$31,670Land 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.

93%mortgage
Mortgage $4,412Property tax $340Total carry $4,752

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)
$4,282per month

Mortgage amount $774,400 · 4.49% over 25 years

$193,600Down payment (20.0%)
$774,400Loan before insurance
$0CMHC premium
$4,622Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,282
Property tax
$340
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,622

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

One-time closing costs

Ontario land transfer tax
$15,835
Toronto municipal land transfer tax
$15,835
Estimated closing costs
$31,670

Plus your down payment of $193,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,182/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

$510,137Total interest paid
$1,284,537Total of all payments
Principal $774,400 Interest $510,137
YearPrincipalInterestBalance
1$17,281$34,100$757,119
2$18,066$33,316$739,053
3$18,886$32,495$720,167
4$19,744$31,638$700,423
5$20,640$30,741$679,783
6$21,577$29,804$658,205
7$22,557$28,824$635,648
8$23,581$27,800$612,067
9$24,652$26,730$587,415
10$25,771$25,610$561,644
11$26,941$24,440$534,703
12$28,165$23,217$506,538
13$29,443$21,938$477,095
14$30,780$20,601$446,315
15$32,178$19,204$414,137
16$33,639$17,743$380,498
17$35,166$16,215$345,332
18$36,763$14,619$308,570
19$38,432$12,950$270,138
20$40,177$11,205$229,961
21$42,001$9,380$187,960
22$43,908$7,473$144,052
23$45,902$5,480$98,150
24$47,986$3,396$50,165
25$50,165$1,217$0

At the end of your 5-year term

Total paid over the term
$256,907
Principal paid down
$94,617
Interest paid
$162,290
Balance remaining
$679,783

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
1.0%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.

1.8%
Gross yield
− Property tax $4,080− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,006

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

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