2239 Gerrard Street, Toronto, ON
East End-Danforth, Toronto · MLS® E14080602
About this home
Discover A Home Designed For Comfortable Family Living, Entertaining & Multi-Generational Possibilities. This Handsome All-Brick Detached Residence Offers An Attached Garage, Private Drive & A Wonderful Backyard Surrounded By A Peaceful, Park-Like Setting. Inside, An Impressive Open Staircase, Sunken Living Room & Rich Oak Flooring Create A Warm And Inviting Atmosphere. The Separate Family Room With Fireplace Opens Directly Onto The Rear Deck, Providing An Easy Connection Between Indoor & Outdoor Living. The Well-Appointed Nema Kitchen Features Quartz Countertops, Quality Cabinetry & Generous Workspace.Upstairs, A Skylight Brings Natural Light Into The Second Level, Where Three Spacious Bedrooms Provide Excellent Closet Space. The Primary Bedroom Enjoys Its Own Private Balcony Overlooking The Backyard, With Plans Available To Create A Future Ensuite & Walk-In Closet. The Main Bathroom Is Designed For Relaxation With A Jacuzzi Tub, Separate Shower, Bidet & Designer Fixtures.The Finished Lower Level Adds Valuable Living Space & Exceptional Flexibility, Featuring A Gas Fireplace, Second Full Kitchen & Direct Walkout To The Backyard-An Excellent Setup For Extended Family, An In-Law Suite Or Potential Separate Living Quarters. A Cold Room Provides Additional Storage. With Generous Living Areas, Two Kitchens, Multiple Fireplaces & A Private Outdoor Setting, This Is A Unique Home With Space To Adapt To Your Family's Changing Needs.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E14080602
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 2500-3000 sq ft
- Lot
- 32.5 × 150 ft
- Cross streets
- Main/Gerrard
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,304 / 2025
- Days on market
- 4
- Listing brokerage
- PAUL ZAMMIT REAL ESTATE LTD.
Rooms
hardwood floor · double closet
hardwood floor · fireplace · w/o to deck
hardwood floor · open concept
hardwood floor · bay window · sunken room
tile floor · gas fireplace · 4 pc bath
hardwood floor · double closet · w/o to balcony
stainless steel appl · quartz counter
walk-up · tile floor
hardwood floor · double closet · bay window
6 pc bath · tile floor
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 readOn schools, this address is zoned for Malvern Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $883/sqft; this home lists at $505/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
East End-Danforth, Toronto, ON
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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 $1,110,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,140
- Property tax
- $525
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,665
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,235
- Toronto municipal land transfer tax
- $24,235
- Estimated closing costs
- $48,470
Plus your down payment of $277,600. 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
- $368,376
- Principal paid down
- $135,670
- Interest paid
- $232,705
- Balance remaining
- $974,730
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.