987 Victoria Park Avenue, Toronto, ON
Clairlea-Birchmount, Toronto · MLS® E14087268
About this home
In short
- Bright & Spacious 3 Bedroom Bungalow on Big Corner Lot.
- Newly Renovated Main Floor with Brand-new Appliances, Freshly Painted Throughout.
- Separate Entrance to Basement Apt. w/Kitchen & Bathroom.
- Close to Subway, Line 5 (Eglinton) LRT, Steps To TTC, Shopping Center.
- Extras: Existing Appliances: 2Fridges, 1Stove(New), 1Dishwasher(New), 1Washer, 1Dryer (New), CAC, Gb&E, All Elf's.
Bright & Spacious 3 Bedroom Bungalow on Big Corner Lot! Newly Renovated Main Floor with Brand-new Appliances, Freshly Painted Throughout. Brand New Windows. Newer Roof. Deep Yard with Concrete Slab Patio, Perfect for BBQs and Outdoor Entertaining! Oversized Garage Big Enough to Accommodate a Pickup Truck. Separate Entrance to Basement Apt. w/Kitchen & Bathroom. Close to Subway, Line 5 (Eglinton) LRT, Steps To TTC, Shopping Center. Move-In Condition. Shows 10+++. You Will Love This Immaculately Clean & Cozy Home! Extras: Existing Appliances: 2Fridges, 1Stove(New), 1Dishwasher(New), 1Washer, 1Dryer (New), CAC, Gb&E, All Elf's.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E14087268
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50 × 106 ft
- Cross streets
- St Bede's Rd
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Separate Entrance, Finished, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,525 / 2025
- Days on market
- 3
- Listing brokerage
- CENTURY 21 REGAL REALTY INC.
Rooms
laminate · closet
backsplash · b/i appliances · breakfast area
ceramic floor · combined w/rec
laminate · closet
ceramic floor · closet
ceramic floor · combined w/kitchen
Combined w/Living
Combined w/Dining
laminate · closet
Listed at $995,000. Going by how homes in Clairlea-Birchmount and the wider GTA have actually closed against their asking prices (about 99%, 22 local closings in 90 days), the likely sale price is near $980K, if it sells. A realistic range is $918K to $1.10M.
Independent value check: $917K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $859K and $961K).
Why $917K. The typical detached home sold in Clairlea-Birchmount over the past year went for about $870K (94 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $980K, from 22 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 6 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $765/sqft against an area asking average of $849/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- 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. Basements do rent in Clairlea-Birchmount: 27 of the 105 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income. 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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $792K. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is SATEC @ W A Porter 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
Priced above comparable homes overall, but the price per square foot ($765/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 22 comparable homes that sold in Clairlea-Birchmount over the past two years, from 172 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 $797/sqft; this home lists at $765/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Clairlea-Birchmount: $830K in September 2026, down 5% from a year ago, on 90 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $939K | 12 |
| November 2025 | $843K | 10 |
| December 2025 | $915K | 5 |
| March 2026 | $1.13M | 6 |
| April 2026 | $878K | 14 |
| May 2026 | $835K | 13 |
| June 2026 | $852K | 10 |
| July 2026 | $897K | 5 |
| August 2026 | $897K | 6 |
| September 2026 | $830K | 9 |
Neighbourhood & location
Clairlea-Birchmount, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $796,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,401
- Property tax
- $377
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,778
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,375
- Toronto municipal land transfer tax
- $16,375
- Estimated closing costs
- $32,750
Plus your down payment of $199,000. 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
- $264,073
- Principal paid down
- $97,257
- Interest paid
- $166,817
- Balance remaining
- $698,743
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
The suite is real income here: basements rent in Clairlea-Birchmount (27 of 105 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 27 whole-home leases in Clairlea-Birchmount signed at a median of $3,124 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,512. 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 CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.