83 Shendale Drive, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W12882256

$1,299,000
For Sale
Listed 131 days ago
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4Bedrooms
4Bathrooms
1Garage · 5 parking
1500-2000Sq Ft

About this home

Beautifully renovated and filled with natural light, this stunning 4-bedroom (3+1) home is perfectly situated in a sought-after family neighbourhood backing onto Elms Park. Walk to elementary schools, the public pool, parks, and scenic hiking and biking trails. Just 3 minutes to the 401 and close to Costco and all amenities - this unbeatable location offers both convenience and lifestyle. Fully renovated in 2022, this move-in ready home features a bright open-concept main floor with engineered hardwood flooring throughout. The showpiece kitchen boasts a large island, modern finishes, and seamless flow into the dining and living areas. A striking feature wall with fireplace creates a warm focal point, while a walkout leads to two private patios - ideal for entertaining or relaxing outdoors. A 2-piece powder room and convenient side entrance from the garage complete the main level. Upstairs offers three spacious bedrooms with continued hardwood flooring, new trim, and updated doors. The primary retreat features a beautifully designed 5-piece ensuite, complemented by a stylish 4-piece family bath. The fully finished basement with 8-foot ceilings adds exceptional versatility, offering a fourth bedroom, large rec room, 3-piece bath, and laundry - perfect for an in-law or nanny suite. The Large Private pool-sized yard, with no rear neighbours, is ready for your customization and enjoyment! Major 2022 upgrades include new plumbing and electrical, new stucco and mouldings, and a new concrete driveway, pathway, and rear patio. Move in with confidence and enjoy refined living in an incredible location. Offers anytime!

Key facts

Property type
Detached, 2-Storey
MLS®
W12882256
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
47 × 111.16 ft
Cross streets
Islington and Elmhurst Drive
Parking
1 garage · 5 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,276 / 2025
Days on market
131
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

Primary BedroomSecond4.17 × 3.96 m

overlooks ravine · 5 pc ensuite

KitchenMain3.81 × 3.25 m

stainless steel appl · side door · quartz counter

Bedroom 2Second3.94 × 3.12 m

Hardwood Floor

BathroomMain1.24 × 1.40 m

2 Pc Bath

Bedroom 4Basement3.00 × 2.95 m
RecreationBasement7.06 × 4.83 m

Combined w/Laundry

Living RoomMain7.01 × 3.76 m

open concept · hardwood floor · fireplace

BathroomSecond1.73 × 2.67 m

4 Pc Bath

Bedroom 3Second3.12 × 3.10 m

Hardwood Floor

BathroomBasement2.34 × 1.65 m

3 Pc Bath

Dining RoomMain3.35 × 2.77 m

w/o to patio · open concept · overlooks ravine

BathroomSecond2.21 × 2.87 m

5 Pc Ensuite

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.09Mest. value

Listed at $1,299,000, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($742/sqft) is below the area, so you are paying for extra space rather than a premium.

In Elms-Old Rexdale lately, sellers have been getting about 97% of asking and homes sell in about 32 days.

There were not many closely comparable homes right in Elms-Old Rexdale, so I widened the search to the surrounding area.

Based on 65 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 65 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $980K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $1.17M
  • Bedrooms +$29K
  • Bathrooms +$14K
  • Adjusts to $1.22M

That comparable adjusts to $1.22M; the $1.09M estimate above is the median of all 65 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is The Elms Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1.03MGreat deal$1.30MOverpriced

Total price vs nearby homes. Fair value about $1.09M, median of 65 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.24Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

47 Becca Hall Trail$999k139 Redgrave Drive$2.00M139 King Edward Avenue$999k3 Gillbank Crescent$950k

The 4 closest active listings nearby.

See all comparable homes
1.30MThis home999k2.00M999k950kThis home vs active comparables
Live market pulseActive comparables in Elms-Old Rexdale · median list $850K
$742this home / sqft
12active listings nearby
131days on market
66sold nearby · 90 days
$934Kmedian sold price
97%of asking, on average

This home lists 7% below the area average of $796/sqft.

130 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Elms-Old Rexdale, 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.

Eringate-Centennial-West Deane
$1000K
Bedford Park-Nortown
$4.46M
Alderwood
$1.56M
Willowdale East
$3.00M
East York
$925K

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 The Elms Junior Middle School
61%
The Elms Junior Middle SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 61% meet the provincial standard

Affordability & Mortgage

Affordability
$5,920/mo
$239KIncome needed
5.4×Price ÷ income
$1,366Weekly cost
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 $5,920Property tax $356Total carry $6,277

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$5,902Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$356
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,902

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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$3,150/mo
$37,800Gross annual rent
2.2%Est. cap rate

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.

2.9%
Gross yield
− Property tax $4,276− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,966

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.

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