2317 Weston Road, Toronto, ON

Weston, Toronto · MLS® W12914436

$849,000
For Sale
Listed 119 days ago
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3Bedrooms
2Bathrooms
1Garage · 4 parking
1100-1500Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Priced to Sell! Attention First-Time Home Buyers & Investors! Welcome to this well-maintained detached 3-bedroom, 2-storey home situated on a generous lot in the highly sought-after Weston Village. Offering incredible potential, this property is perfect for families or savvy investors alike. Step inside to a bright and functional layout with plenty of opportunity to customize and make it your own. The second floor features three well-sized bedrooms and a 4-piece bathroom, providing comfortable living space for the whole family. The home also includes a separate basement entrance and a 3-piece bathroom, making it ideal for a future in-law suite or income-generating apartment. Outside, enjoy a long private driveway with ample parking for multiple vehicles. A fully brick detached garage at the rear provides additional space, perfect for a workshop, storage, or accommodating larger vehicles. Located in a fantastic, convenient neighbourhood-everything you need is within walking distance, including shopping, schools, parks, and a supermarket. Commuters will love the easy access to Highway 401, Pearson Airport, the UP Express, and the Mount Dennis Transit Hub. Don't miss this incredible opportunity in a prime location!

Key facts

Property type
Detached, 2-Storey
MLS®
W12914436
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
33 × 120 ft
Cross streets
Weston Rd / St.Phillips
Parking
1 garage · 4 parking (detached)
Driveway
Private
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Block
Roof
Shingles
Sewer
Sewer
Property tax
$3,122 / 2025
Days on market
119
Listing brokerage
RE/MAX WEST REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.02Mest. value

Listed at $849,000, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($653/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

In Weston lately, sellers have been getting about 98% of asking and homes sell in about 27 days.

Based on 71 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 71 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $689K, lower than the comparables and worth a second look.

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 $1.05M
  • Bathrooms +$15K
  • Adjusts to $1.07M

That comparable adjusts to $1.07M; the $1.02M estimate above is the median of all 71 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 H J Alexander Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bus stop is about a 1-minute walk away.

List price
$849KGreat deal$1.17MOverpriced

Total price vs nearby homes. Fair value about $1.02M, median of 71 comparables.

Comparable listingsCurrently listed nearby in Weston · asking prices
$989kavg asking

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

256 John Street$1.10M10 King Street Crescent$1.07M224 King Street$970k96 Macdonald Avenue$1000k29A South Station Street$800k

The 5 closest of 6 active listings nearby.

See all comparable homes
849kThis home1.10M1.07M970k1000k800kThis home vs active comparables
Live market pulseActive comparables in Weston · median list $1000K
$653this home / sqft
7active listings nearby
119days on market
90sold nearby · 90 days
$1.05Mmedian sold price
98%of asking, on average

This home lists 6% below the area average of $693/sqft.

118 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

Weston, 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.

Getting around

61/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Bus stop, about 89 m away

20+ transit stops2 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rockcliffe-Smythe
$1.10M
Bedford Park-Nortown
$3.76M
Alderwood
$1.50M
Willowdale East
$1.99M
Newtonbrook East
$1.70M

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 H J Alexander Community School
68%
H J Alexander Community SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 68% meet the provincial standard
St. John the EvangelistEQAO results not published

Affordability & Mortgage

Affordability
$3,869/mo
$159KIncome needed
5.4×Price ÷ income
$893Weekly 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 $3,869Property tax $260Total carry $4,130

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)
$3,624per month

Mortgage amount $679,200 · 4.14% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$3,885Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,624
Property tax
$260
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,885

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

One-time closing costs

Ontario land transfer tax
$13,455
Toronto municipal land transfer tax
$13,455
Estimated closing costs
$26,910

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,402/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

$408,139Total interest paid
$1,087,339Total of all payments
Principal $679,200 Interest $408,139
YearPrincipalInterestBalance
1$15,911$27,582$663,289
2$16,577$26,917$646,712
3$17,270$26,223$629,442
4$17,993$25,501$611,449
5$18,745$24,748$592,704
6$19,529$23,964$573,174
7$20,346$23,147$552,828
8$21,197$22,296$531,631
9$22,084$21,410$509,547
10$23,008$20,486$486,539
11$23,970$19,524$462,569
12$24,973$18,521$437,597
13$26,017$17,476$411,580
14$27,105$16,388$384,474
15$28,239$15,254$356,235
16$29,420$14,073$326,814
17$30,651$12,842$296,163
18$31,933$11,560$264,230
19$33,269$10,225$230,961
20$34,660$8,833$196,301
21$36,110$7,383$160,191
22$37,621$5,873$122,570
23$39,194$4,299$83,376
24$40,834$2,660$42,542
25$42,542$952$0

At the end of your 5-year term

Total paid over the term
$217,468
Principal paid down
$86,496
Interest paid
$130,972
Balance remaining
$592,704

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
2.4%Est. cap rate

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 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.

3.3%
Gross yield
− Property tax $3,122− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,042

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

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