3012 Keele Street, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13037910

$789,000
For Sale
Listed 85 days ago
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3Bedrooms
2Bathrooms
2Parking
1100-1500Sq Ft

About this home

Handyman special with incredible potential featuring a backyard and detached garage. Whether you're looking to renovate, rebuild, or add value, this property offers a solid footprint and endless possibilities. The existing layout includes multiple bedrooms, a functional main floor, a great starting point for a full transformation. With the right vision, it can become a modern family home or a strong income producing property. Outside, the backyard provides space to expand, landscape, or create your own outdoor retreat, while the long driveway offers ample parking.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13037910
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
34.94 × 84.2 ft
Cross streets
Sheppard Ave W & Keele St
Parking
2 parking
Driveway
Mutual, Front Yard Parking
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,747 / 2025
Days on market
85
Listing brokerage
TONY K REAL ESTATE

Rooms

Bedroom 3Second3.26 × 3.65 m
Primary BedroomSecond3.76 × 3.13 m
Living RoomMain4.48 × 4.10 m
BedroomMain3.09 × 3.00 m
Common RoomBasement5.08 × 3.65 m
KitchenMain3.09 × 3.02 m
Bedroom 2Second3.20 × 2.70 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.07Mest. value

Listed at $789,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Downsview-Roding-CFB, so I widened the search to the surrounding area.

Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.22M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, listed at $1.28M
  • Adjusts to $1.28M

That comparable adjusts to $1.28M; the $1.07M estimate above is the median of all 20 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Pierre Laporte Middle 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, this is a very walkable address with everyday errands close by. Keele St at Whitburn Cres is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$789KGreat deal$1.29MOverpriced

Total price vs nearby homes. Fair value about $1.07M, median of 20 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$845kavg asking

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

12 Durant Avenue$800k101 Holwood Avenue$849k115 Bergen Road$879k73 Talent Crescent$699k81 Cleveland Street$1000k

The 5 closest of 8 active listings nearby.

See all comparable homes
789kThis home800k849k879k699k1000kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1000K
$607this home / sqft
62active listings nearby
85days on market

This home lists 27% below the area average of $830/sqft.

81 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Downsview-Roding-CFB, 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

71/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Keele St at Whitburn Cres, about 35 m away

20+ transit stops4 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.

Glenfield-Jane Heights
$879K
York University Heights
$920K
Corso Italia-Davenport
$951K
Newtonbrook West
$940K
Mount Pleasant East
$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 Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$3,596/mo
$157KIncome needed
5.0×Price ÷ income
$830Weekly 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.

88%mortgage
Mortgage $3,596Property tax $479Total carry $4,075

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,368per month

Mortgage amount $631,200 · 4.14% over 25 years

$157,800Down payment (20.0%)
$631,200Loan before insurance
$0CMHC premium
$3,847Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,368
Property tax
$479
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,847

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

One-time closing costs

Ontario land transfer tax
$12,255
Toronto municipal land transfer tax
$12,255
Estimated closing costs
$24,510

Plus your down payment of $157,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,091/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

$379,295Total interest paid
$1,010,495Total of all payments
Principal $631,200 Interest $379,295
YearPrincipalInterestBalance
1$14,787$25,633$616,413
2$15,405$25,014$601,008
3$16,050$24,370$584,958
4$16,721$23,699$568,237
5$17,420$22,999$550,817
6$18,149$22,271$532,667
7$18,908$21,512$513,759
8$19,699$20,721$494,060
9$20,523$19,897$473,537
10$21,382$19,038$452,155
11$22,276$18,144$429,879
12$23,208$17,212$406,671
13$24,179$16,241$382,493
14$25,190$15,230$357,303
15$26,244$14,176$331,059
16$27,341$13,079$303,718
17$28,485$11,935$275,233
18$29,676$10,743$245,557
19$30,918$9,502$214,639
20$32,211$8,209$182,428
21$33,558$6,862$148,870
22$34,962$5,458$113,908
23$36,424$3,995$77,483
24$37,948$2,472$39,535
25$39,535$885$0

At the end of your 5-year term

Total paid over the term
$202,099
Principal paid down
$80,383
Interest paid
$121,716
Balance remaining
$550,817

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
2.2%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.

3.5%
Gross yield
− Property tax $5,747− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,417

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

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