165 Frank Rivers Drive, Toronto, ON
Steeles, Toronto · MLS® E14093044
About this home
In short
- Rarely Offered, premium pie-shaped lot near Warden & Steeles, convenient Toronto location, featuring a 4 bedroom house, large 1.5 car garage with storage shelves...
- Located close To Top-Ranked Schools Including Dr.
- Norman Bethune CI, Terry Fox PS, And Close To Supermarkets, Shops, Parks, Restaurants, Transit and Hwy.
Rarely Offered, premium pie-shaped lot near Warden & Steeles, convenient Toronto location, featuring a 4 bedroom house, large 1.5 car garage with storage shelves included, double driveway that fits 4 cars, 2 full bathrooms on the second floor, 1 half bathroom on the main floor and a partially finished 3-piece basement bathroom; shower stall is roughed in/incomplete and left for the buyer to finish. Practical layout, living, dining room, family room with brick fireplace. Bright natural light from the glass sliding door flows into the eat in kitchen with a direct access outside into the expansive, wide backyard that offers enhanced privacy and highlights a seamless blend of indoor and outdoor living. Highly functional, multi-purpose basement design that features a wet bar, large game & recreational area, large bedroom/study, laundry room and a good sized storage that balances entertainment, guest hosting, and utility. Located close To Top-Ranked Schools Including Dr. Norman Bethune CI, Terry Fox PS, And Close To Supermarkets, Shops, Parks, Restaurants, Transit and Hwy.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E14093044
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 1500-2000 sq ft
- Lot
- 25.22 × 120.5 ft
- Cross streets
- Warden/Steeles
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,023 / 2026
- Listing brokerage
- HOMELIFE FRONTIER REALTY INC.
Rooms
double doors · broadloom
Brick Fireplace
Eat-in Kitchen
Double Closet
4 pc ensuite · walk-in closet(s) · broadloom
Broadloom
double closet · broadloom
B/I Bar
double closet · broadloom
Broadloom
Listed at $1,200,000. Going by how homes in Steeles and the wider GTA have actually closed against their asking prices (about 99%, 18 local closings in 90 days), the likely sale price is near $1.19M, if it sells. A realistic range is $1.11M to $1.34M.
Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $975K and $1.09M).
Why $1.04M. The typical detached home sold in Steeles over the past year went for about $1.17M (64 sales). What sets this one apart:
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $6,023 a year; the typical home sold here pays about $6,300.
Total price vs nearby homes. Likely closing about $1.19M, from 18 recent closings in this pocket.
The market behind the math:
About 1.8 months of inventory: 11 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $686/sqft against an area asking average of $569/sqft.
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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Dr Norman Bethune Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 18 comparable homes that sold in Steeles over the past two years, from 128 closings there.
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. Homes like this one have recently closed around $1.04M, which is where my estimate comes from.
Per square foot, these ask about $579/sqft; this home lists at $686/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Steeles, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $960,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,308
- Property tax
- $502
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,810
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,475
- Toronto municipal land transfer tax
- $20,475
- Estimated closing costs
- $40,950
Plus your down payment of $240,000. 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
- $318,480
- Principal paid down
- $117,294
- Interest paid
- $201,186
- Balance remaining
- $842,706
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
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 21 whole-home leases in Steeles signed at a median of $3,210 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,177. 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 HOMELIFE FRONTIER REALTY INC.. MLS®/PropTx.