227 Eastwood Road, Toronto, ON

Woodbine Corridor, Toronto · MLS® E13839466

$899,000
For Sale
Just listed todayNo offer date stated
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2+1Bedrooms
2Bathrooms
1Parking
700-1100Sq ft

About this home

In short

  • Welcome to 227 Eastwood Ave, a beautifully renovated 2+1 bedroom, 2 bathroom semi in the heart of the Beach, combining thoughtful design, character and turnkey living...
  • An enclosed front foyer keeps coats, shoes and everyday clutter out of the living space, while hardwood floors, custom millwork, pot lights and carefully chosen...
  • Upstairs are two well-proportioned bedrooms and a renovated family bath, while the spacious primary is wrapped in custom built-in cabinetry offering exceptional storage.
  • The eat-in kitchen features extensive cabinetry, granite counters, stainless appliances, farmhouse sink and heated floors.
  • Just around the corner, Fairmount Park feels like an extension of your backyard with tennis courts, playground, outdoor hockey rink and neighbourhood-favourite...

Welcome to 227 Eastwood Ave, a beautifully renovated 2+1 bedroom, 2 bathroom semi in the heart of the Beach, combining thoughtful design, character and turnkey living with one of the neighbourhood's rarest conveniences: a licensed front yard parking pad. An enclosed front foyer keeps coats, shoes and everyday clutter out of the living space, while hardwood floors, custom millwork, pot lights and carefully chosen finishes carry throughout. The main floor offers a generous dining room and bright living room with custom built-ins, feature wall and fireplace, connected by a striking open staircase with glass railings that brings light through the centre of the home. Upstairs are two well-proportioned bedrooms and a renovated family bath, while the spacious primary is wrapped in custom built-in cabinetry offering exceptional storage. The bright, above-grade lower level has been transformed into a functional extension of the home. The eat-in kitchen features extensive cabinetry, granite counters, stainless appliances, farmhouse sink and heated floors. Best of all, it walks directly out to the backyard, creating a natural indoor/outdoor connection with the deck and BBQ just steps from the kitchen. A separate +1 makes an ideal home office or guest space, while a second bathroom and laundry add even more function. Outside, enjoy an elevated deck, stone patio and remarkably deep, private treed yard with plenty of room to entertain, play or unwind. Just around the corner, Fairmount Park feels like an extension of your backyard with tennis courts, playground, outdoor hockey rink and neighbourhood-favourite toboggan hills, while Fairmount Park Community Centre offers an indoor pool for year-round recreation. Steps to Bowmore Road Jr & Sr PS and close to Kingston Rd, Gerrard, Queen, transit, the Beach and waterfront. Beautifully renovated, turnkey, packed with storage & complete with rare licensed parking, this is an east-end home that lives every bit as beautifully as it looks!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13839466
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
700-1100 sq ft
Lot
15.92 × 125 ft
Cross streets
Woodbine & Eastwood
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished with Walk-Out, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Brick
Roof
Flat
Sewer
Sewer
Property tax
$4,857 / 2026
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Living RoomMain3.94 × 3.72 m

hardwood floor · pot lights · crown moulding

Primary BedroomSecond3.95 × 4.10 m

hardwood floor · pot lights · crown moulding

FoyerMain1.20 × 1.20 m

pot lights · crown moulding

Living RoomMain3.94 × 3.72 m

hardwood floor · pot lights · crown moulding

FoyerMain

ceramic floor · pot lights

KitchenBasement3.79 × 3.78 m

w/o to yard · ceramic floor · pot lights

Living RoomMain3.94 × 3.66 m

hardwood floor · pot lights · crown moulding

OfficeBasement2.41 × 3.37 m

window · ceramic floor · irregular room

BathroomSecond

4 pc bath · porcelain floor

FoyerMain
BathroomBasement

2 pc bath · ceramic floor · pot lights

Bedroom 2Second3.83 × 2.38 m

hardwood floor · pot lights · crown moulding

Dining RoomMain3.94 × 3.83 m

hardwood floor · pot lights · crown moulding

FoyerMain1.20 × 1.20 m

pot lights · crown moulding

Living RoomMain3.94 × 3.72 m

hardwood floor · pot lights · crown moulding

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$904Klikely sale price

Listed at $899,000. Going by how homes in Woodbine Corridor and the wider GTA have actually closed against their asking prices (about 101%, 10 local closings in 90 days), the likely sale price is near $904K, if it sells. A realistic range is $847K to $1.02M.

Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $975K and $1.09M).

Why $1.04M. The typical semi-detached home sold in Woodbine Corridor over the past year went for about $1.12M (58 sales). What sets this one apart:

  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly2+1 bedrooms and 2 baths, against 3+1 and 2 typically.
  • ▼ Lowers it slightlyIts lot is 16 by 125 ft; the typical lot sold here is 18 by 100.
List price
$847KBelow recent closings$1.02MAbove recent closings

Total price vs nearby homes. Likely closing about $904K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.07Mmedian sold price
106%of asking, on average
−2%prices vs a year ago
~8 dayshomes like this take to sell
$2,980/moest. rent · 24 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 7 semi-detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $999/sqft against an area asking average of $957/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Woodbine Corridor: 10 of the 52 detached leases here lately were basement units, around $1,590 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.05M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Bowmore Road Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($999/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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.

Based on 5 homes sold on this street over the past two years, from 128 closings in Woodbine Corridor.

What sellers nearby are askingCurrently listed nearby in Woodbine Corridor · asking prices
$1.08Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.04M, which is where my estimate comes from.

Per square foot, these ask about $963/sqft; this home lists at $999/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
899kThis home1.05M988k995k1.10M1.25MThis home vs active comparables

Neighbourhood & location

Woodbine Corridor, 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.

Greenwood-Coxwell
$909K
East End-Danforth
$1.19M
South Riverdale
$1.29M
North Riverdale
$1.30M
Palmerston-Little Italy
$1.96M

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 Bowmore Road Junior and Senior Public School
64%
Bowmore Road Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 64% meet the provincial standard
School of Life ExperienceEQAO results not published
Also nearby: 12 more schools within 2.5 km
Norway Junior Public School · Public elementary0.4 km · 85% at standard
Roden Public School · Public elementary1.0 km · 65% at standard
Equinox Holistic Alternative School · Public elementary1.0 km · 83% at standard
Kew Beach Junior Public School · Public elementary1.0 km · 85% at standard
Glen Ames Senior Public School · Public elementary1.0 km
Earl Haig Public School · Public elementary1.1 km · 62% at standard
Monarch Park Collegiate Institute · Public secondary1.1 km · 79% at standard
Williamson Road Junior Public School · Public elementary1.1 km · 78% at standard
Beaches Alternative Junior School · Public elementary1.3 km
Kimberley Junior Public School · Public elementary1.3 km · 82% at standard
Gledhill Junior Public School · Public elementary1.4 km · 76% at standard
St Brigid Catholic School · Catholic elementary1.4 km · 76% at standard

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

Affordability & Mortgage

Affordability
$4,097/mo
$173KIncome 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.

91%mortgage
Mortgage $4,097Property tax $405Total carry $4,502

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 September 30, 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
$4,381Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$405
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,381

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
From 24 whole-home leases in Woodbine Corridor$2,980/mo
$35,760Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,676 to $3,336Typical rent range

The suite is real income here: basements rent in Woodbine Corridor (10 of 52 recent detached leases were basement units, around $1,590 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,590 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 numbers

The last 24 whole-home leases in Woodbine Corridor signed at a median of $3,441 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,980. 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.

4.0%
Gross yield
− Property tax $4,857− Insurance $1,400− Vacancy & upkeep $3,934Net operating income $25,569

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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