3859 Finch Avenue, Toronto, ON

L'Amoreaux, Toronto · MLS® E13886474

$1,599,000
For Sale
Listed 7 days agoNo offer date stated
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6+1Bedrooms
1Bathrooms
2Garage · 4 parking
700-1100Sq ft

About this home

In short

  • KEY-LOK PROPERTY ON FINCH AVE EAST.
  • Prime Corner Lot Situated At Finch Avenue & Kennedy Road Abutting The Petro Canada Gas Station.
  • An exceptional opportunity for developers, builders, investors, and end users alike.
  • Enjoy unparalleled convenience with easy access to shopping centres, schools, restaurants, public transit, major highways including the 401, 404, and 407, as well as...
  • This impressive property offers a rare combination of lot size, location, exposure, and future potential, making it an ideal opportunity for developers, builders...

KEY-LOK PROPERTY ON FINCH AVE EAST! LOCATION, LOCATION, LOCATION! Prime Corner Lot Situated At Finch Avenue & Kennedy Road Abutting The Petro Canada Gas Station! An exceptional opportunity for developers, builders, investors, and end users alike. This substantial corner property offers outstanding potential in a highly sought-after location, with the added advantage of being within walking distance of the future GO Station. With its generous lot size, prominent corner exposure, and strategic location, the property presents exciting possibilities for future development, subject to all applicable municipal approvals and requirements. Whether you are looking to build, invest, or secure a property with significant long-term potential, opportunities of this calibre are rarely available. Enjoy unparalleled convenience with easy access to shopping centres, schools, restaurants, public transit, major highways including the 401, 404, and 407, as well as the scenic and highly desirable Scarborough Bluffs. An exceptional location with tremendous present-day convenience and exciting future potential. Don't miss the opportunity to secure this rare corner property! This impressive property offers a rare combination of lot size, location, exposure, and future potential, making it an ideal opportunity for developers, builders, investors, and discerning end users. Situated within walking distance of the future GO Station, this property is positioned to benefit from significant improvements in transit connectivity and continued growth in the surrounding area. The possibilities are compelling, whether you are looking to explore

Key facts

Property type
Detached, Bungalow
MLS®
E13886474
Bedrooms
6+1 (7 total)
Bathrooms
1
Size
700-1100 sq ft
Lot
60.02 × 125.35 ft
Cross streets
FINCH AVE E & KENNEDY RD
Parking
2 garage · 4 parking (detached)
Basement
Full
Heating
Baseboard
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Metal
Sewer
Septic
Property tax
$4,766 / 2025
Days on market
7
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Main2.68 × 2.80 m
Primary BedroomMain3.99 × 2.59 m
Living RoomMain4.11 × 3.93 m
RecreationBasement4.72 × 3.81 m
Bedroom 2Main3.08 × 2.29 m
KitchenMain3.32 × 3.02 m
Dining RoomMain3.11 × 2.77 m
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 Highland Heights 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.

Neighbourhood & location

L'Amoreaux, 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.

Steeles
$1.20M
Bendale
$900K
Bayview Village
$1.60M
Banbury-Don Mills
$5.50M
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 Highland Heights Junior Public School
60%
Highland Heights Junior Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 60% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Silver Springs Public School · Public elementary0.6 km · 64% at standard
St Sylvester Catholic School · Catholic elementary0.7 km · 94% at standard
Lynnwood Heights Junior Public School · Public elementary0.7 km · 84% at standard
Sir William Osler High School · Public secondary0.9 km
Msgr Fraser-Midland · Catholic secondary1.0 km · 64% at standard
St Marguerite Bourgeoys Catholic Catholic School · Catholic elementary1.2 km
Timberbank Junior Public School · Public elementary1.3 km · 71% at standard
Alexmuir Junior Public School · Public elementary1.3 km · 74% at standard
Brookmill Boulevard Junior Public School · Public elementary1.4 km · 82% at standard
Mary Ward Catholic Secondary School · Catholic secondary1.5 km · 78% at standard
Chartland Junior Public School · Public elementary1.5 km · 71% at standard
Delphi Secondary Alternative School · Public secondary1.6 km · 73% at standard

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

Affordability & Mortgage

Affordability
$7,288/mo
$292KIncome needed
5.5×Price ÷ income
$1,682Weekly cost
$56,910Land 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.

95%mortgage
Mortgage $7,288Property tax $397Total carry $7,685

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,470Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$397
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,470

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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
0.6%Cap rate after taxes and upkeep

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.

1.1%
Gross yield
− Property tax $4,766− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,320

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

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