320 Boon Avenue, Toronto, ON
Caledonia-Fairbank, Toronto · MLS® W13155168
About this home
Updated and move-in ready! Welcome to this beautiful 2-storey detached home offering stylish upgrades and incredible value for first-time buyers, young professionals, or investors alike. Thoughtfully designed with warm modern finishes throughout, the main floor features a bright open-concept living area, a beautifully updated kitchen with extensive cabinetry, sleek countertops, stainless steel appliances, and a centre island perfect for casual dining or entertaining. A versatile main floor den provides the ideal space for a home office, and a 4-piece main floor bathroom adds tremendous value. Upstairs, you'll find two well-sized bedrooms filled with natural light, along with a contemporary 3-piece bathroom. Rich flooring throughout the home adds warmth and character, while updated lighting and tasteful finishes showcase the home's inviting atmosphere. Enjoy a backyard BBQ or afternoons on in the sun on the deck. Parking for two with the convenience of a legal front parking pad. This home has a functional layout that maximizes every inch of space. Located close to the new LRT and TTC, schools, parks, shopping, and everyday amenities, this home offers a fantastic opportunity to own a move-in-ready property in a convenient neighbourhood! Offers anytime!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13155168
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 16.75 × 79 ft
- Cross streets
- Dufferin & Rogers
- Parking
- 2 parking
- Driveway
- Front Yard Parking
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Window Unit(s)
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,205 / 2025
- Days on market
- 64
- Listing brokerage
- RE/MAX PLUS CITY TEAM INC.
Rooms
separate room · window · hardwood floor
window · closet · hardwood floor
window · closet · hardwood floor
stainless steel appl · centre island · hardwood floor
open concept · window · hardwood floor
Listed at $879,000, and my independent estimate is right in line with comparable homes.
In Caledonia-Fairbank lately, sellers get about 99% of asking; homes sell in ~21 days.
Total price vs nearby homes. Fair value about $915K, median of 10 comparables.
How this estimate is builtthe short version
I take the 10 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 $722K, a bit lower.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Fairbank Memorial Community 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Caledonia-Fairbank, so I widened the search to the surrounding area.
Based on 10 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 of 7 active listings nearby.
See all comparable homesThis home lists 6% above the area average of $926/sqft.
63 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Caledonia-Fairbank, 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 $703,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,753
- Property tax
- $267
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,020
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,055
- Toronto municipal land transfer tax
- $14,055
- Estimated closing costs
- $28,110
Plus your down payment of $175,800. 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
- $225,152
- Principal paid down
- $89,553
- Interest paid
- $135,599
- Balance remaining
- $613,647
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
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 PLUS CITY TEAM INC.. MLS®/PropTx.