31 Thora Avenue, Toronto, ON
Oakridge, Toronto · MLS® E13855862
About this home
In short
- STOP THE SEARCH-YOUR PERFECT STARTER HOME IS HERE!Tired of paying rent when you could be building equity?
- This super-cute 2-bedroom, 2-bathroom semi-detached bungalow is packed with possibilities and ready for its next owner.
- Step inside to a bright, open-concept living and dining area featuring spectacular new flooring - the perfect space for relaxing, entertaining and making yourself at...
- One bedroom offers a walkout to a spacious deck and private backyard, creating an ideal spot for morning coffee, summer BBQs or simply enjoying your own outdoor space.
- Plus, with a separate entrance, kitchen and 3-piece bathroom, there is potential for a secondary living arrangement or rental opportunity - buyer to verify permitted...
STOP THE SEARCH-YOUR PERFECT STARTER HOME IS HERE!Tired of paying rent when you could be building equity? This super-cute 2-bedroom, 2-bathroom semi-detached bungalow is packed with possibilities and ready for its next owner!Step inside to a bright, open-concept living and dining area featuring spectacular new flooring - the perfect space for relaxing, entertaining and making yourself at home. The separate, formal kitchen is a dream for those who love to cook (and a great place to close the door and hide the mess!). With tons of cupboard and counter space, there is plenty of room for family meals and entertaining friends. The main floor keeps getting better. One bedroom offers a walkout to a spacious deck and private backyard, creating an ideal spot for morning coffee, summer BBQs or simply enjoying your own outdoor space.Need more room? You've got it! The basement offers excellent ceiling height and above-grade windows, making it incredibly versatile for guests, in-laws, family, a home office or additional living space. Plus, with a separate entrance, kitchen and 3-piece bathroom, there is potential for a secondary living arrangement or rental opportunity - buyer to verify permitted use and requirements. Outside, you've got a mutual drive, parking and a sizeable garage - a rare and valuable bonus in the city.And then there's the location! You get the best of both worlds - tucked into a great neighbourhood while being just minutes from the funky shops, restaurants and cafés of Kingston Road/Upper Beach-with the Danforth right at the end of the street. TTC is close by, and a quick walk gets you to the GO Train, making commuting to the core a breeze. Add in great schools, parks, shopping, big-box stores and plenty of everyday conveniences, and you've got a home that checks a whole lot of boxes.Whether you're a first-time buyer, downsizer, investor or simply looking for a great place to call home, 31 Thora Avenue is one you don't want to miss!
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- E13855862
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 24.83 × 98 ft
- Cross streets
- Victoria Park and Danforth
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Mutual
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,341 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
window · overlooks backyard
Formal Rm
Window
Closet
w/o to patio · closet
combined w/dining · open concept
combined w/living · open concept
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 Oakridge 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.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.
Per square foot, these ask about $1,061/sqft; this home lists at $711/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Oakridge, 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 $511,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,830
- Property tax
- $278
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,109
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,273
- Toronto municipal land transfer tax
- $9,273
- Estimated closing costs
- $18,546
Plus your down payment of $127,980. 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
- $169,830
- Principal paid down
- $62,547
- Interest paid
- $107,282
- Balance remaining
- $449,373
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.