165 Caledonia Road, Toronto, ON
Corso Italia-Davenport, Toronto · MLS® W13103240
About this home
Welcome to this detached two-storey home in Corso Italia. The front porch offers a nice place to sit and enjoy the neighbourhood. Inside, the main floor features an open-concept living and dining room, a two-piece washroom, and an eat-in kitchen with plenty of counter and cabinet space. The kitchen also includes a washer and dryer closet, and double doors lead from the kitchen to the backyard. On the second floor, there are three bedrooms and a five-piece bathroom. The primary bedroom has a walk-in closet. The middle bedroom, bathroom, and hallway are brightened by skylights, adding good natural light throughout the day. The fully finished basement has a separate entrance and includes a full bathroom, laundry area, kitchen, and a large open area that provides flexible living space. Part of this open area can be used as a bedroom or recreation room. The basement is a good option for an older child looking for their own space. Other features include oak stairs from the basement to the second floor, heated floors in the rear basement room, the main floor kitchen, and the second-floor bathroom. Both the front and back yards are low maintenance, with no lawnmower needed. The front yard has a clean design with a retaining wall, while the backyard features patterned concrete and offers space for outdoor dining and entertaining. A double car garage is located at the rear of the property. This home is conveniently located in the Caledonia and St. Clair area of Toronto, near Earlscourt Park and the Joseph J. Piccininni Community Centre, with swimming in the summer, skating in the winter, and activities for all ages year-round. Shops, restaurants, and cafés along St. Clair's Corso Italia are just a short walk away, with public transportation close by. This is a well-established neighbourhood that continues to improve with new developments in the area.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13103240
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 18 × 132 ft
- Cross streets
- St Clair Avenue West and Caledonia Road
- Parking
- 2 garage (detached)
- Driveway
- Lane
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,346 / 2025
- Days on market
- 76
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
hardwood floor · hardwood floor · open concept
hardwood floor · skylight · irregular room
hardwood floor · open concept · pot lights
hardwood floor · closet · pot lights
hardwood floor · pot lights · open concept
ceramic floor · w/o to yard · pot lights
hardwood floor · walk-in closet(s) · pot lights
hardwood floor · open concept · pot lights
ceramic floor · heated floor · w/o to yard
Listed at $1,229,000, and my independent estimate is within the range of comparable homes, on the lower side.
In Corso Italia-Davenport lately, sellers get about 101% of asking; homes sell in ~20 days.
Total price vs nearby homes. Fair value about $1.32M, median of 52 comparables.
How this estimate is builtthe short version
I take the 52 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 $1.14M, a bit lower.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is F H Miller Junior 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 Corso Italia-Davenport, so I widened the search to the surrounding area.
Based on 52 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 5 closest active listings nearby.
See all comparable homesThis home lists 17% below the area average of $846/sqft.
75 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Corso Italia-Davenport, 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 $983,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,247
- Property tax
- $446
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,692
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,055
- Toronto municipal land transfer tax
- $21,055
- Estimated closing costs
- $42,110
Plus your down payment of $245,800. 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
- $314,803
- Principal paid down
- $125,211
- Interest paid
- $189,592
- Balance remaining
- $857,989
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 RE/MAX WEST REALTY INC.. MLS®/PropTx.