5A Scotia Avenue, Toronto, ON
Oakridge, Toronto · MLS® E13861056
About this home
In short
- Welcome to this beautifully updated detached brick home, ideally situated in the desirable Oakridge neighbourhood.
- Hardwood flooring runs throughout, creating a warm, cohesive atmosphere.
- The main floor also includes a convenient rare 3pc washroom and laundry, adding practicality and ease to the home's well-planned layout.
- The finished basement features a separate, self-contained in-law suite complete with private laundry facilities, offering excellent flexibility for extended family or...
- The current tenant pays $1,300 per month and is willing to stay or leave.
Welcome to this beautifully updated detached brick home, ideally situated in the desirable Oakridge neighbourhood. Thoughtfully updated with a stylish, modern aesthetic, this inviting home offers a comfortable, functional layout designed for everyday living. Hardwood flooring runs throughout, creating a warm, cohesive atmosphere. The stunning newer kitchen stands out, showcasing sleek stainless steel appliances, porcelain flooring, quartz counters and contemporary finishes. A walkout to the spacious sun deck extends the living space and offers an ideal spot for outdoor dining, morning coffee, or fresh air. The main floor also includes a convenient rare 3pc washroom and laundry, adding practicality and ease to the home's well-planned layout. Upstairs, you will find 3 well-appointed bedrooms offering comfortable private spaces for family members or guests. A newer 4 piece washroom, complete with modern fixtures and finishes, serves the upper level. The finished basement features a separate, self-contained in-law suite complete with private laundry facilities, offering excellent flexibility for extended family or potential rental income. The current tenant pays $1,300 per month and is willing to stay or leave. Enjoy exceptional everyday convenience with ample private parking. Families will appreciate nearby schools, local parks, and the community centre, while commuters will benefit from convenient connections to GO Transit and TTC service. A variety of shopping destinations, services, dining options, and everyday essentials are also nearby, making this an ideal place to enjoy a comfortable, well-connected lifestyle.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13861056
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 30 × 118 ft
- Cross streets
- Warden/Danforth
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,178 / 2025
- Days on market
- 14
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
hardwood floor · b/i closet
hardwood floor · overlooks living · 3 pc bath
modern kitchen · w/o to deck · overlooks backyard
overlooks dining · hardwood floor
hardwood floor · closet
Listed at $899,000, about 1% below our estimate of $911K (homes like it typically land between $854K and $955K).
Why $911K. The typical detached home sold in Oakridge over the past year went for about $800K (31 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,500 to 2,000 sq ft; the typical home sold here is 700 to 1,100.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly3+1 bedrooms and 3 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Fair value about $911K, learned from recent GTA sales.
The market behind the math:
About 5 months of inventory: 5 detached homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $514/sqft against an area asking average of $609/sqft.
- basement apartment features. A finished 1 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. In Oakridge basements rarely rent out (4 of 20 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $863K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Birchmount Park Collegiate Institute. 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 Oakridge, so I widened the search to the surrounding area.
Based on 13 comparable homes that sold in Oakridge over the past two years, from 56 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $911K, which is where my estimate comes from.
Per square foot, these ask about $635/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & 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 $719,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,977
- Property tax
- $348
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,325
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
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
- $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.
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
About the suite: in Oakridge basements rarely rent out (4 of 20 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Oakridge signed at a median of $3,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,550. 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.
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.