616 Old Weston Road, Toronto, ON
Weston-Pellam Park, Toronto · MLS® W13116340
About this home
Welcome to 616 Old Weston Road, a warm and well-kept red brick semi-detached home that has been lovingly maintained by the same family for over fifty years. Inside, the main and second levels unfold with hardwood floors, generous principal rooms, and natural light that moves easily throughout the day. The second floor offers three comfortably scaled bedrooms and a newly renovated family bathroom. The recently renovated lower level adds valuable flexibility, featuring modern dark vinyl flooring, a new kitchen, bathroom, fresh drywall and paint, and a dedicated laundry room, ideal for extended family, guests, or additional living space. A mutual drive provides parking for two vehicles. Set in a family friendly pocket close to General Mercer Junior Public School, St. Matthew Catholic School, and St. Nicholas of Bari Catholic School, with Corso Italia just minutes away for cafes, shops, and everyday essentials, this is a home rooted in community and long-term comfort. Situated on a deep lot with rear laneway access, this property offers exciting future possibilities. In addition to two parking spaces via a shared driveway, the laneway presents potential for additional parking or a future laneway suite. An ideal opportunity for added income or multi-generational living.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13116340
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 24.92 × 116 ft
- Cross streets
- Old Weston Road and St. Clair Avenue West
- Parking
- 2 parking
- Driveway
- Mutual
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,258 / 2025
- Days on market
- 66
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
hardwood floor · open concept · window
hardwood floor · window · closet
tile floor · window · carpet free
window · hardwood floor · combined w/living
overlooks backyard · hardwood floor · closet
vinyl floor · window · modern kitchen
hardwood floor · window · overlooks frontyard
Listed at $895,000, this home is about 30% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $769K, a bit higher.
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 $795K
- Bedrooms +$30K
- Adjusts to $825K
That comparable adjusts to $825K; the $688K estimate above is the median of all 10 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 Oakwood Collegiate Institute. 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. Old Weston Rd at Turnberry Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $688K, median of 10 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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 33% above the area average of $748/sqft.
62 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Weston-Pellam Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Old Weston Rd at Turnberry Ave, about 29 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $716,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,821
- Property tax
- $272
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,092
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,375
- Toronto municipal land transfer tax
- $14,375
- Estimated closing costs
- $28,750
Plus your down payment of $179,000. 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
- $229,251
- Principal paid down
- $91,183
- Interest paid
- $138,068
- Balance remaining
- $624,817
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.
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.