70 Madelaine Avenue, Toronto, ON

Oakridge, Toronto · MLS® E14031874

$819,900
For Sale
Listed 5 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to a home cherished by the same family since 1963 and thoughtfully maintained for generations.
  • Offering 3 bedrooms and 2 bathrooms, this inviting property blends timeless character with comfortable, practical living.
  • The unfinished basement, featuring a separate entrance, is ready for your vision and offers exciting potential for a family room, recreation space, or in-law suite.

Welcome to a home cherished by the same family since 1963 and thoughtfully maintained for generations. Offering 3 bedrooms and 2 bathrooms, this inviting property blends timeless character with comfortable, practical living. Laminate flooring creates a cohesive flow throughout, while the rare main-floor powder room adds convenience for family and guests. The spacious eat-in kitchen offers plenty of room to prepare meals, gather around the table, and enjoy everyday moments together. Upstairs, the generous primary bedroom provides a peaceful place to unwind, complemented by two additional well-proportioned bedrooms with ample storage for family, guests, or a home office. The unfinished basement, featuring a separate entrance, is ready for your vision and offers exciting potential for a family room, recreation space, or in-law suite. Outside, the detached garage has heat and power, making it a valuable space for year-round parking, hobbies, storage, or projects. Ideally situated near transit, shopping, schools, and parks, this well-located home offers buyers the opportunity to enjoy urban convenience in a quiet, comfortable setting-with room to make it their own.

Key facts

Property type
Detached, 2-Storey
MLS®
E14031874
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
26 × 112 ft
Cross streets
Warden Ave/Danforth
Parking
1 garage · 3 parking (detached)
Driveway
Mutual
Basement
Unfinished, Separate Entrance
Heating
Radiant
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,786 / 2025
Days on market
5
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

FoyerMain
RecreationBasement5.06 × 11.10 m

unfinished · concrete floor · combined w/laundry

Bedroom 2Second4.36 × 2.47 m

laminate · closet

Primary BedroomSecond5.33 × 3.08 m

parquet · double closet

Dining RoomMain5.24 × 3.38 m

Laminate

Bedroom 3Second3.66 × 3.20 m

laminate · double closet

Living RoomMain3.86 × 3.08 m

Laminate

KitchenMain3.69 × 4.12 m

Laminate

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 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.

What sellers nearby are askingCurrently listed nearby in Oakridge · asking prices
$963kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $632/sqft; this home lists at $631/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
820kThis home859k795k899k1.30MThis home vs active comparables

Neighbourhood & location

Oakridge, 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
Wexford-Maryvale
$849K
Leaside
$2.15M
Bendale
$949K
Banbury-Don Mills
$5.50M

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 Oakridge Junior Public School
61%
Oakridge Junior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 61% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Crescent Town Elementary School · Public elementary0.6 km · 68% at standard
Taylor Creek Public School · Public elementary0.9 km · 41% at standard
Blantyre Public School · Public elementary1.0 km · 71% at standard
St Nicholas Catholic School · Catholic elementary1.1 km · 61% at standard
William J McCordic School · Public elementary1.1 km
Adam Beck Junior Public School · Public elementary1.3 km · 73% at standard
Secord Elementary School · Public elementary1.3 km · 61% at standard
George Webster Elementary School · Public elementary1.4 km · 58% at standard
Malvern Collegiate Institute · Public secondary1.4 km · 87% at standard
Regent Heights Public School · Public elementary1.4 km · 68% at standard
Notre Dame Catholic High School · Catholic secondary1.6 km · 82% at standard
Birch Cliff Public School · Public elementary1.6 km · 68% at standard

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

Affordability & Mortgage

Affordability
$3,737/mo
$156KIncome needed
5.3×Price ÷ income
$862Weekly cost
$25,746Land 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 $3,737Property tax $316Total carry $4,052

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,627per month

Mortgage amount $655,920 · 4.49% over 25 years

$163,980Down payment (20.0%)
$655,920Loan before insurance
$0CMHC premium
$3,942Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,627
Property tax
$316
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,942

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

One-time closing costs

Ontario land transfer tax
$12,873
Toronto municipal land transfer tax
$12,873
Estimated closing costs
$25,746

Plus your down payment of $163,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,390/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

$432,088Total interest paid
$1,088,008Total of all payments
Principal $655,920 Interest $432,088
YearPrincipalInterestBalance
1$14,637$28,883$641,283
2$15,302$28,218$625,981
3$15,997$27,524$609,984
4$16,723$26,797$593,261
5$17,482$26,038$575,779
6$18,276$25,244$557,503
7$19,106$24,414$538,397
8$19,973$23,547$518,423
9$20,880$22,640$497,543
10$21,828$21,692$475,715
11$22,819$20,701$452,895
12$23,855$19,665$429,040
13$24,939$18,582$404,101
14$26,071$17,449$378,030
15$27,255$16,266$350,776
16$28,492$15,028$322,284
17$29,786$13,735$292,498
18$31,138$12,382$261,360
19$32,552$10,968$228,808
20$34,030$9,490$194,778
21$35,575$7,945$159,203
22$37,190$6,330$122,013
23$38,879$4,641$83,134
24$40,644$2,876$42,490
25$42,490$1,031$0

At the end of your 5-year term

Total paid over the term
$217,602
Principal paid down
$80,141
Interest paid
$137,460
Balance remaining
$575,779

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$2,300/mo
$27,600Gross annual rent
2.4%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.

3.4%
Gross yield
− Property tax $3,786− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,378

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

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