137 Mike Myers Drive, Toronto, ON

Dorset Park, Toronto · MLS® E13843164

$849,900
For Sale
Listed 19 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Extensively Updated & Thoughtfully Designed.
  • Freshly painted from top to bottom, the home features a brand new kitchen with quartz countertops, stylish backsplash & brand new S/S Fridge, S/S Stove, S/S B/I...
  • The main floor offers a rare & highly versatile setup with a separate bedroom, 4 piece ensuite & a brand-new mini kitchen featuring quartz countertop, cabinetry & a...
  • The 2nd floor showcases a rare and highly desirable layout with separate living, dining and family rooms, offering exceptional flexibility for both formal...

Extensively Updated & Thoughtfully Designed. A Home That Offers Style, Space & Versatility! This beautifully upgraded Freehold Townhome combines modern finishes, exceptional functionality and a layout designed to accommodate today's family needs. Freshly painted from top to bottom, the home features a brand new kitchen with quartz countertops, stylish backsplash & brand new S/S Fridge, S/S Stove, S/S B/I Dishwasher (2024) & S/S Hood (2024), complemented by an abundance of pot lights, new light fixtures & elegant crown moulding throughout. All full bathrooms have been enhanced with new vanities & vanity lighting, while new door handles & brand new carpeting on all stairs add to the fresh, refined feel. The main floor offers a rare & highly versatile setup with a separate bedroom, 4 piece ensuite & a brand-new mini kitchen featuring quartz countertop, cabinetry & a striking gold-tone faucet, along with a walkout to the backyard. This flexible space offers excellent potential for extended family, guests, a private home office/guest suite or additional rental income, subject to applicable requirements. The main floor also features the convenience of direct access from the garage. Upstairs, three generously sized bedrooms provide a private retreat for the family. The 2nd floor showcases a rare and highly desirable layout with separate living, dining and family rooms, offering exceptional flexibility for both formal entertaining and relaxed everyday living. California shutters throughout add a sophisticated finishing touch. Step outside to enjoy brand-new grass in both the front and back yards, creating a fresh and inviting outdoor space. Ideally located with everyday conveniences just minutes away, including shopping, schools, restaurants, parks, transit and major amenities. A truly versatile home offering extensive updates, multiple living spaces and a unique main-floor setup with income potential, move-in ready and designed to suit a variety of lifestyles.

Key facts

Property type
Townhouse, 3-Storey
MLS®
E13843164
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
16.75 × 85.6 ft
Cross streets
Kennedy Rd/Lawrence Ave
Parking
1 garage · 2 parking (attached)
Driveway
Available
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,013 / 2026
Days on market
19
Listing brokerage
ROYAL LEPAGE TERREQUITY BHAVSAR REALTY

Rooms

Dining RoomSecond5.69 × 4.86 m

granite floor · open concept · california shutters

Primary BedroomThird4.37 × 4.27 m

hardwood floor · 4 pc ensuite · double closet

Bedroom 4Main4.27 × 3.23 m

granite floor · 4 pc ensuite · w/o to yard

Bedroom 3Third4.22 × 2.41 m

hardwood floor · large window · large closet

KitchenSecond3.76 × 2.24 m

ceramic floor · stainless steel appl · pantry

Family RoomSecond4.83 × 3.56 m

ceramic floor · pot lights · overlooks backyard

Living RoomSecond5.69 × 4.83 m

granite floor · crown moulding · pot lights

Bedroom 2Third5.23 × 2.29 m

hardwood floor · large window · large closet

Our TakeTeam Asgarian · Broker
In line with recent sales
$836Kautomated estimate, from recent sales

Listed at $849,900, about 2% above our estimate of $836K (homes like it typically land between $783K and $876K).

List price
$783KBelow our range$876KAbove our range

Total price vs nearby homes. Fair value about $836K, learned from recent GTA sales.

The market behind the math:

19days on market so far
$3,494/moest. rent · 17 leases
4.9%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $486/sqft against an area asking average of $670/sqft.

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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $792K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Dorset Park 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

There were not many closely comparable homes right in Dorset Park, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Dorset Park over the past two years, from 12 closings there.

What sellers nearby are askingCurrently listed nearby in Dorset Park · asking prices
$821kavg asking

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 $469/sqft; this home lists at $486/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
850kThis home845k824k795kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.06M91

Neighbourhood & location

Dorset 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.

Clairlea-Birchmount
$925K
Victoria Village
$848K
Playter Estates-Danforth
$1.35M
South Riverdale
$1.49M
Cabbagetown-South St. James Town
$1.55M

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 Dorset Park Public School
62%
Dorset Park Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 62% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Lawrence Catholic School · Catholic elementary0.7 km · 59% at standard
General Crerar Public School · Public elementary0.8 km · 57% at standard
Charles Gordon Senior Public School · Public elementary1.0 km
Hunter's Glen Junior Public School · Public elementary1.0 km · 66% at standard
Lord Roberts Junior Public School · Public elementary1.1 km · 69% at standard
David and Mary Thomson Collegiate Institute · Public secondary1.1 km · 52% at standard
Donwood Park Public School · Public elementary1.2 km · 57% at standard
Ionview Public School · Public elementary1.3 km · 64% at standard
St Joan of Arc Catholic Academy · Catholic secondary1.6 km · 61% at standard
Knob Hill Public School · Public elementary1.8 km · 57% at standard
Glen Ravine Junior Public School · Public elementary1.9 km · 62% at standard
Manhattan Park Junior Public School · Public elementary2.0 km

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

Affordability & Mortgage

Affordability
$3,874/mo
$162KIncome needed
5.3×Price ÷ income
$894Weekly cost
$26,946Land 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 $3,874Property tax $334Total carry $4,208

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)
$3,759per month

Mortgage amount $679,920 · 4.49% over 25 years

$169,980Down payment (20.0%)
$679,920Loan before insurance
$0CMHC premium
$4,094Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,759
Property tax
$334
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,094

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

One-time closing costs

Ontario land transfer tax
$13,473
Toronto municipal land transfer tax
$13,473
Estimated closing costs
$26,946

Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,550/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

$447,898Total interest paid
$1,127,818Total of all payments
Principal $679,920 Interest $447,898
YearPrincipalInterestBalance
1$15,173$29,940$664,747
2$15,862$29,251$648,885
3$16,582$28,531$632,303
4$17,335$27,778$614,968
5$18,122$26,991$596,846
6$18,945$26,168$577,902
7$19,805$25,308$558,097
8$20,704$24,409$537,392
9$21,644$23,468$515,748
10$22,627$22,486$493,121
11$23,654$21,458$469,467
12$24,728$20,384$444,738
13$25,851$19,262$418,887
14$27,025$18,088$391,863
15$28,252$16,861$363,611
16$29,535$15,578$334,076
17$30,876$14,237$303,200
18$32,277$12,835$270,923
19$33,743$11,370$237,180
20$35,275$9,838$201,905
21$36,877$8,236$165,028
22$38,551$6,562$126,477
23$40,301$4,811$86,176
24$42,131$2,981$44,044
25$44,044$1,069$0

At the end of your 5-year term

Total paid over the term
$225,564
Principal paid down
$83,074
Interest paid
$142,490
Balance remaining
$596,846

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 17 whole-home leases in Dorset Park$3,494/mo
$41,928Gross annual rent
3.8%Cap rate after taxes and upkeep
$3,320 to $3,669Typical rent range

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 17 whole-home leases in Dorset Park signed at a median of $3,393 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,494. 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.

4.9%
Gross yield
− Property tax $4,013− Insurance $1,400− Vacancy & upkeep $4,612Net operating income $31,903

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY BHAVSAR REALTY. MLS®/PropTx.

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