224 O' Connor Drive, Toronto, ON

East York, Toronto · MLS® E13865986

$888,000
For Sale
Listed 13 days agoNo offer date stated
Request a showing
◎ Directions
2+1Bedrooms
2Bathrooms
1Garage
700-1100Sq ft

About this home

In short

  • A cherished family home for more than three decades, this traditional brick bungalow has preserved the character and proportions of its time.
  • Offering 2 bedrooms with closets, a recreation room, 2 washrooms, a kitchen with stainless steel appliances, a detached garage with laneway access, and a curated...
  • Set in one of East York's more established pockets, known as the Golden Triangle, the property is ideally positioned close to the local community centre, parks...

A cherished family home for more than three decades, this traditional brick bungalow has preserved the character and proportions of its time. Offering 2 bedrooms with closets, a recreation room, 2 washrooms, a kitchen with stainless steel appliances, a detached garage with laneway access, and a curated front and backyard, the home presents a rare opportunity to reimagine and make it your own. French doors provide a walkout to the deck, extending the living space into the backyard.Offering long-term qualities such as solid bones, good proportions, and a traditional layout, this is a true canvas to thoughtfully revive a classic East York bungalow while preserving the character that makes it special. Set in one of East York's more established pockets, known as the Golden Triangle, the property is ideally positioned close to the local community centre, parks, schools, neighbourhood shops and restaurants along the Danforth, public transit, the DVP, and the trails of the Don Valley. The future Cosburn subway station adds another attractive feature, bringing the promise of enhanced connectivity and further strengthening the neighbourhood's lifestyle and investment potential, with downtown Toronto just a short drive away. A home with character and potential-ready for its next chapter. For those who appreciate the value of a well-positioned property with room to transform, this is an opportunity worth exploring.

Key facts

Property type
Detached, Bungalow
MLS®
E13865986
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
28 × 100 ft
Cross streets
Pape Ave and O'Connor Dr
Parking
1 garage (detached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$4,450 / 2026
Days on market
13
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Main3.45 × 2.96 m

french doors · w/o to deck · closet

KitchenMain4.59 × 2.91 m

stainless steel appl · double sink · window

OfficeBasement2.13 × 3.33 m

Broadloom

SittingBasement3.79 × 3.41 m

pot lights · broadloom

Dining RoomMain3.07 × 3.12 m

window · broadloom

RecreationBasement4.18 × 5.92 m

above grade window · pot lights · broadloom

Primary BedroomMain3.45 × 3.07 m

french doors · w/o to deck · closet

LaundryBasement3.55 × 1.80 m

Laundry Sink

Living RoomMain4.30 × 4.10 m

bay window · fireplace · broadloom

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

The assigned public school is Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in East York · asking prices
$1.16Mavg 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 $1,286/sqft; this home lists at $987/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
888kThis home1.10M920k1.19M1.42MThis home vs active comparables

Neighbourhood & location

East York, 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.

Woodbine-Lumsden
$949K
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Wexford-Maryvale
$849K
Willowdale East
$2.29M

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 William Burgess Elementary School
59%
William Burgess Elementary SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 59% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Chester Elementary School · Public elementary0.8 km · 70% at standard
Diefenbaker Elementary School · Public elementary1.3 km · 68% at standard
Thorncliffe Park Public School · Public elementary1.3 km · 33% at standard
Cosburn Middle School · Public elementary1.3 km · 68% at standard
Fraser Mustard Early Learning Academy · Public elementary1.4 km
Wilkinson Junior Public School · Public elementary1.5 km · 86% at standard
East York Collegiate Institute · Public secondary1.5 km · 64% at standard
Jackman Avenue Junior Public School · Public elementary1.6 km · 79% at standard
Danforth Collegiate Institute and Technical School · Public secondary1.6 km · 66% at standard
R H McGregor Elementary School · Public elementary1.6 km · 68% at standard
Rolph Road Elementary School · Public elementary1.7 km · 88% at standard
East York Alternative Secondary School · Public secondary1.7 km

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

Affordability & Mortgage

Affordability
$4,047/mo
$169KIncome needed
5.2×Price ÷ income
$934Weekly cost
$28,470Land 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 $4,047Property tax $371Total carry $4,418

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)
$3,928per month

Mortgage amount $710,400 · 4.49% over 25 years

$177,600Down payment (20.0%)
$710,400Loan before insurance
$0CMHC premium
$4,299Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,928
Property tax
$371
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,299

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

One-time closing costs

Ontario land transfer tax
$14,235
Toronto municipal land transfer tax
$14,235
Estimated closing costs
$28,470

Plus your down payment of $177,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,754/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

$467,977Total interest paid
$1,178,377Total of all payments
Principal $710,400 Interest $467,977
YearPrincipalInterestBalance
1$15,853$31,282$694,547
2$16,573$30,562$677,974
3$17,325$29,810$660,649
4$18,112$29,023$642,537
5$18,934$28,201$623,602
6$19,794$27,341$603,808
7$20,693$26,442$583,115
8$21,632$25,503$561,483
9$22,615$24,521$538,868
10$23,641$23,494$515,227
11$24,715$22,420$490,512
12$25,837$21,298$464,676
13$27,010$20,125$437,666
14$28,236$18,899$409,429
15$29,518$17,617$379,911
16$30,859$16,276$349,052
17$32,260$14,875$316,792
18$33,724$13,411$283,068
19$35,256$11,879$247,812
20$36,856$10,279$210,956
21$38,530$8,605$172,426
22$40,279$6,856$132,147
23$42,108$5,027$90,039
24$44,020$3,115$46,019
25$46,019$1,116$0

At the end of your 5-year term

Total paid over the term
$235,675
Principal paid down
$86,798
Interest paid
$148,878
Balance remaining
$623,602

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
1.1%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.

2.0%
Gross yield
− Property tax $4,450− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,636

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

CallRequest a showing