317 Morningside Avenue, Toronto, ON

West Hill, Toronto · MLS® E14087276

$869,000
For Sale
Listed 3 days agoNo offer date stated
Request a showing
◎ Directions
3Parking
1100-1500Sq ft

About this home

In short

  • Opportunities : 1.This is a Major Transit Location.
  • Walk to West Hill Public and High School.
  • University of Toronto,Pan Am Centre, Bus 401.Kingston Rd and Neighbourhood amenities.

Power of Sale! Land Value.Opportunities : 1.This is a Major Transit Location. 2. Major Thoroughfare which may allow possible Multi Units. 3. Long Term Investment. 4. New Home Location. Walk to West Hill Public and High School.University of Toronto,Pan Am Centre, Bus 401.Kingston Rd and Neighbourhood amenities.

Key facts

Property type
Other, Other
MLS®
E14087276
Size
1100-1500 sq ft
Lot
50 × 140 ft
Cross streets
Kingston Rd N.of Morningside
Parking
3 parking
Sewer
Sewer
Property tax
$3,137 / 2025
Days on market
3
Listing brokerage
RE/MAX ULTIMATE REALTY INC.
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

Neighbourhood & location

West Hill, 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.

Bayview Village
$544K
Leaside
$2.80M
Church-Yonge Corridor
$549K
Waterfront Communities C8
$569K
Wychwood
$1.28M

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 St. Martin De Porres
44%
St. Martin De PorresCatholic · Elementary · 0.8 km awayBelow the GTA average · 44% meet the provincial standard
West Hill Public SchoolEQAO results not published
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
West Hill Public School · Public elementary0.2 km · 60% at standard
West Hill Collegiate Institute · Public secondary0.3 km · 52% at standard
St Margaret's Public School · Public elementary0.9 km · 57% at standard
Galloway Road Public School · Public elementary1.2 km · 57% at standard
Joseph Brant Senior Public School · Public elementary1.2 km · 43% at standard
Highland Creek Public School · Public elementary1.3 km · 53% at standard
George B Little Public School · Public elementary1.6 km · 54% at standard
Eastview Public School · Public elementary1.7 km · 52% at standard
Maplewood High School · Public secondary1.7 km
St Malachy Catholic School · Catholic elementary1.8 km · 73% at standard
Military Trail Public School · Public elementary1.9 km · 36% at standard
William G Miller Junior Public School · Public elementary1.9 km · 62% at standard

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

Affordability & Mortgage

Affordability
$3,961/mo
$162KIncome needed
5.4×Price ÷ income
$914Weekly cost
$27,710Land 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 $3,961Property tax $261Total carry $4,222

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,844per month

Mortgage amount $695,200 · 4.49% over 25 years

$173,800Down payment (20.0%)
$695,200Loan before insurance
$0CMHC premium
$4,105Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,844
Property tax
$261
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,105

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

One-time closing costs

Ontario land transfer tax
$13,855
Toronto municipal land transfer tax
$13,855
Estimated closing costs
$27,710

Plus your down payment of $173,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,652/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

$457,964Total interest paid
$1,153,164Total of all payments
Principal $695,200 Interest $457,964
YearPrincipalInterestBalance
1$15,514$30,613$679,686
2$16,218$29,908$663,468
3$16,955$29,172$646,513
4$17,724$28,402$628,789
5$18,529$27,597$610,259
6$19,371$26,756$590,889
7$20,250$25,877$570,639
8$21,169$24,957$549,469
9$22,131$23,996$527,339
10$23,135$22,991$504,203
11$24,186$21,941$480,017
12$25,284$20,842$454,733
13$26,432$19,695$428,301
14$27,632$18,494$400,669
15$28,887$17,240$371,782
16$30,198$15,928$341,584
17$31,569$14,557$310,014
18$33,003$13,124$277,011
19$34,501$11,625$242,510
20$36,068$10,059$206,442
21$37,705$8,421$168,737
22$39,417$6,709$129,319
23$41,207$4,919$88,112
24$43,078$3,048$45,034
25$45,034$1,093$0

At the end of your 5-year term

Total paid over the term
$230,633
Principal paid down
$84,941
Interest paid
$145,692
Balance remaining
$610,259

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
2.3%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.

3.2%
Gross yield
− Property tax $3,137− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,027

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

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