128 Spears Street, Toronto, ON
Rockcliffe-Smythe, Toronto · MLS® W13072770
About this home
Deep Ravine Lot 186 feet deep! Finished Bsmt with Sep Entrance. Convenient location close to public transportation, amenities and highways.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13072770
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700 sq ft
- Lot
- 15 × 186 ft
- Cross streets
- Weston Rd/Rogers Rd
- Parking
- 1 parking
- Driveway
- Front Yard Parking
- Basement
- Finished, Separate Entrance
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick Front
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $1,700 / 2026
- Days on market
- 83
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Listed at $575,000, and my independent estimate is about 18% below comparable homes, worth a close look.
In Rockcliffe-Smythe lately, sellers get about 100% of asking; homes sell in ~25 days.
Total price vs nearby homes. Fair value about $698K, median of 23 comparables.
- Ravine / green setting. This home is described as backing onto a ravine or green setting, a premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 23 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $353K, lower than the comparables and worth a second look.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Harwood Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Rockcliffe-Smythe, so I widened the search to the surrounding area.
Based on 23 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 14% below the area average of $955/sqft.
82 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rockcliffe-Smythe, 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.
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 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $460,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,455
- Property tax
- $142
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,596
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,975
- Toronto municipal land transfer tax
- $7,975
- Estimated closing costs
- $15,950
Plus your down payment of $115,000. 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
- $147,284
- Principal paid down
- $58,581
- Interest paid
- $88,703
- Balance remaining
- $401,419
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.