55 Laurel Avenue, Toronto, ON

Kennedy Park, Toronto · MLS® E14079912

$1,199,000
For Sale
Listed 5 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Sophisticated, Stylish, And Immaculately Renovated In 2025, This 3 Beds, 3 Bath Home Offers A Sun-Filled And Open-Concept Layout With Exceptional Craftsmanship...
  • The Gourmet Kitchen Is A Showstopper, With Discreet Fridge And Dishwasher, Induction Cooktop, Sleek Quartz Countertops, And Abundant Cabinetry For Effortless...
  • The Inviting Living Room Features An Expansive Window And Rich Hardwood Floors That Add Warmth And Charm.
  • The Finished Lower Level With Separate Entrance Offers A Cozy Lounge Area Ideal For Movie Nights, Relaxation, Or Additional Living Space, Plus Powder Room And...
  • Centrally Located Just Steps From Scarborough GO Station, With Direct Train Service To Union Station In Approximately 20 Minutes, This Home Is A Rare Opportunity To...

Sophisticated, Stylish, And Immaculately Renovated In 2025, This 3 Beds, 3 Bath Home Offers A Sun-Filled And Open-Concept Layout With Exceptional Craftsmanship Throughout. Every Inch Has Been Thoughtfully Reimagined With A Cohesive, Calming And Luxurious Aesthetic. The Gourmet Kitchen Is A Showstopper, With Discreet Fridge And Dishwasher, Induction Cooktop, Sleek Quartz Countertops, And Abundant Cabinetry For Effortless Functionality. It Flows Seamlessly Into The Dining Area With Built-In Seating And Storage Cabinets, Where A Floor-To-Ceiling Window Floods The Space With Natural Light And Offers A Walk-Out To The Private, Fully-Fenced, East-Facing Backyard, Where You'll Find A Sizeable Interlocking Patio, Grass And Gardens. The Inviting Living Room Features An Expansive Window And Rich Hardwood Floors That Add Warmth And Charm. Upstairs, Three Spacious Bedrooms Await, Including A Primary Suite With Luxurious En-Suite Bath. The Finished Lower Level With Separate Entrance Offers A Cozy Lounge Area Ideal For Movie Nights, Relaxation, Or Additional Living Space, Plus Powder Room And Dedicated Laundry Room. Enjoy The Detached Garage, Ideal For A Smaller Vehicle Or Handy Storage Space, Plus Ample Driveway Parking For Everyday Convenience. Centrally Located Just Steps From Scarborough GO Station, With Direct Train Service To Union Station In Approximately 20 Minutes, This Home Is A Rare Opportunity To Connect City And Suburban Life.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E14079912
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
27.5 × 104 ft
Cross streets
Danforth Rd Between Midland Ave & St Claire Ave E
Parking
1 garage · 3 parking (detached)
Driveway
Mutual
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,250 / 2026
Days on market
5
Listing brokerage
LPT REALTY

Rooms

RecreationBasement6.14 × 4.38 m

laminate · pot lights · window

Primary BedroomSecond4.43 × 3.58 m

hardwood floor · ensuite bath · window

Bedroom 3Second3.61 × 2.65 m

hardwood floor · closet · window

Living RoomMain4.88 × 4.29 m

hardwood floor · large window · pot lights

KitchenMain5.42 × 3.76 m

quartz counter · combined w/dining · hardwood floor

Bedroom 2Second3.62 × 2.70 m

hardwood floor · closet · window

Dining RoomMain5.42 × 3.76 m

w/o to yard · combined w/kitchen · hardwood floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Kennedy Park, 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.

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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Wedgewood Junior School · Public elementary0.7 km · 79% at standard
St Elizabeth Catholic School · Catholic elementary0.8 km · 82% at standard
Etobicoke Secondary Alternative School · Public secondary0.8 km
Burnhamthorpe Collegiate Institute · Public secondary1.2 km
Eatonville Junior School · Public elementary1.2 km · 75% at standard
West Glen Junior School · Public elementary1.3 km · 57% at standard
Bloordale Middle School · Public elementary1.6 km · 69% at standard
Broadacres Junior Public School · Public elementary1.8 km · 55% at standard
St Clement Catholic School · Catholic elementary2.0 km · 85% at standard
Islington Junior Middle School · Public elementary2.1 km · 66% at standard
Millwood Junior School · Public elementary2.2 km · 65% at standard
St Gregory Catholic School · Catholic elementary2.2 km · 83% at standard

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

Affordability & Mortgage

Affordability
$5,465/mo
$222KIncome needed
5.4×Price ÷ income
$1,261Weekly cost
$40,910Land 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.

94%mortgage
Mortgage $5,465Property tax $354Total carry $5,819

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)
$5,304per month

Mortgage amount $959,200 · 4.49% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,658Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,304
Property tax
$354
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,658

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,419/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

$631,874Total interest paid
$1,591,074Total of all payments
Principal $959,200 Interest $631,874
YearPrincipalInterestBalance
1$21,405$42,238$937,795
2$22,377$41,266$915,418
3$23,393$40,250$892,024
4$24,455$39,188$867,569
5$25,566$38,077$842,003
6$26,726$36,917$815,277
7$27,940$35,703$787,337
8$29,209$34,434$758,129
9$30,535$33,108$727,594
10$31,921$31,722$695,673
11$33,370$30,273$662,302
12$34,886$28,757$627,417
13$36,470$27,173$590,947
14$38,125$25,518$552,822
15$39,856$23,787$512,965
16$41,666$21,977$471,299
17$43,558$20,085$427,741
18$45,536$18,107$382,206
19$47,603$16,040$334,602
20$49,764$13,878$284,838
21$52,024$11,619$232,814
22$54,386$9,257$178,428
23$56,855$6,788$121,572
24$59,437$4,206$62,136
25$62,136$1,507$0

At the end of your 5-year term

Total paid over the term
$318,215
Principal paid down
$117,197
Interest paid
$201,018
Balance remaining
$842,003

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
1.6%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.

2.3%
Gross yield
− Property tax $4,250− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,914

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

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