65 Burkwood Crescent, Toronto, ON
Malvern, Toronto · MLS® E13879076
About this home
In short
- Fully Renovated Semi-Detached Home with Income Potential.
- This beautifully renovated homeoffers move-in-ready living from top to bottom, featuring engineered hardwood flooringthroughout, hardwood stairs, fresh paint, and...
- The finished 1-bedroom,1-bathroom basement includes a separate entrance and kitchen, offering excellent flexibilityfor extended family or additional income potential.
- Enjoy a long private driveway and aspacious backyard, perfect for entertaining, gardening, or exploring the potential for a futuregarden suite.
- Conveniently located close to the 401, Centenary Hospital, Malvern Town Centre,schools, public transit, grocery stores, and everyday amenities.
Fully Renovated Semi-Detached Home with Income Potential! This beautifully renovated homeoffers move-in-ready living from top to bottom, featuring engineered hardwood flooringthroughout, hardwood stairs, fresh paint, and modern finishes. The finished 1-bedroom,1-bathroom basement includes a separate entrance and kitchen, offering excellent flexibilityfor extended family or additional income potential. Enjoy a long private driveway and aspacious backyard, perfect for entertaining, gardening, or exploring the potential for a futuregarden suite. Conveniently located close to the 401, Centenary Hospital, Malvern Town Centre,schools, public transit, grocery stores, and everyday amenities. An excellent opportunity forfirst-time homebuyers or investors looking for a versatile property with strong long-termpotential.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13879076
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 35 × 110 ft
- Cross streets
- Sheppard Ave. E. & Neilson Rd.
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $2,948 / 2025
- Days on market
- 11
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Listed at $699,999. Going by how homes in Malvern and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $688K, if it sells. A realistic range is $645K to $776K.
Independent value check: $742K. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $696K and $778K).
Why $742K. The typical semi-detached home sold in Malvern over the past year went for about $781K (27 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,948 a year; the typical home sold here pays about $3,200.
Total price vs nearby homes. Likely closing about $688K, from 9 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 7 semi-detached homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $538/sqft against an area asking average of $578/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Malvern basements rarely rent out (3 of 21 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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $718K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Lester B Pearson 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 Malvern, so I widened the search to the surrounding area.
Based on 9 comparable homes that sold in Malvern over the past two years, from 53 closings there.
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 $651/sqft; this home lists at $538/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 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 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
Neighbourhood & location
Malvern, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $559,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,096
- Property tax
- $246
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,342
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,475
- Toronto municipal land transfer tax
- $10,475
- Estimated closing costs
- $20,950
Plus your down payment of $140,000. 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
- $185,780
- Principal paid down
- $68,422
- Interest paid
- $117,358
- Balance remaining
- $491,578
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 Malvern basements rarely rent out (3 of 21 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 6 whole-home leases in Malvern signed at a median of $3,280 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,208. 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 REALTRON REALTY INC.. MLS®/PropTx.