50 Guestville Avenue, Toronto, ON

Rockcliffe-Smythe, Toronto · MLS® W13170976

$699,000
For Sale
Listed 120 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
700-1100Sq ft

About this home

One of the lowest-priced detached livable homes in Toronto. You don't want to miss out on this one! Ideal And Affordable Property For First-Time Home Buyers And Investors. Impossible To Beat The Value. Walking Distance To the Eglinton Subway Line. Dead-End Street With No Through Traffic, Family-Friendly Neighbourhood, Close Proximity To Up Express And The Stockyards! Short Ride To Bloor West Village! Located In Up And Coming Rockcliffe-Smythe! Property is Separated into two Self-Contained Units.

Key facts

Property type
Detached, Bungalow
MLS®
W13170976
Bedrooms
2
Bathrooms
2
Size
700-1100 sq ft
Lot
25 × 93 ft
Cross streets
Weston/Lambton
Parking
1 parking
Driveway
Front Yard Parking
Basement
Apartment, Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
None
Exterior
Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$2,647 / 2025
Days on market
120
Listing brokerage
SIXROOFS REALTY

Rooms

Dining RoomGround3.45 × 3.06 m
Living RoomGround3.45 × 3.06 m
KitchenGround3.00 × 2.65 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$683Klikely sale price

Listed at $699,000. Going by how homes in Rockcliffe-Smythe and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $683K, if it sells. A realistic range is $640K to $770K.

Independent value check: $704K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $660K and $738K).

Why $704K. The typical detached home sold in Rockcliffe-Smythe over the past year went for about $852K (64 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,647 a year; the typical home sold here pays about $3,900.
List price
$640KBelow recent closings$770KAbove recent closings

Total price vs nearby homes. Likely closing about $683K, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$810Kmedian sold price
98%of asking, on average
−5%prices vs a year ago
~21 dayshomes like this take to sell
120days on market so far
$2,689/moest. rent · 24 leases
4.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 6 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $777/sqft against an area asking average of $977/sqft.

  • Separate-entrance basement apartment features. A finished basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Rockcliffe-Smythe: 24 of the 78 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $676K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Dennis Avenue 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.

Based on 22 comparable homes that sold in Rockcliffe-Smythe over the past two years, from 141 closings there.

What sellers nearby are askingCurrently listed nearby in Rockcliffe-Smythe · asking prices
$741kavg asking

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

Per square foot, these ask about $824/sqft; this home lists at $777/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
699kThis home700k899k625kThis home vs active comparables

Neighbourhood & location

Rockcliffe-Smythe, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Oakwood Village
$1.04M
Stonegate-Queensway
$2.41M
Islington-City Centre West
$1.42M
Forest Hill South
$4.74M
Lawrence Park South
$2.85M

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 Dennis Avenue Community School
57%
Dennis Avenue Community SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 57% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Oscar Romero Catholic Secondary School · Catholic secondary0.7 km · 61% at standard
Roselands Junior Public School · Public elementary0.8 km · 50% at standard
Santa Maria Catholic School · Catholic elementary0.9 km · 35% at standard
Bala Avenue Community School · Public elementary1.1 km · 51% at standard
Keelesdale Junior Public School · Public elementary1.1 km · 46% at standard
Harwood Public School · Public elementary1.1 km · 55% at standard
York Memorial Collegiate Institute · Public secondary1.3 km · 50% at standard
George Syme Community School · Public elementary1.5 km · 48% at standard
York Humber High School · Public secondary1.5 km
Charles E Webster Public School · Public elementary1.7 km · 47% at standard
Silverthorn Community School · Public elementary1.7 km · 65% at standard
St Matthew Catholic School · Catholic elementary1.7 km · 63% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,186/mo
$131KIncome needed
5.3×Price ÷ income
$735Weekly cost
$20,910Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $3,186Property tax $221Total carry $3,406

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,061per month

Mortgage amount $559,200 · 4.39% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,281Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,061
Property tax
$221
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,281

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,708/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

$359,075Total interest paid
$918,275Total of all payments
Principal $559,200 Interest $359,075
YearPrincipalInterestBalance
1$12,654$24,077$546,546
2$13,216$23,515$533,330
3$13,802$22,929$519,528
4$14,415$22,316$505,114
5$15,054$21,677$490,059
6$15,723$21,008$474,336
7$16,420$20,311$457,916
8$17,149$19,582$440,767
9$17,910$18,821$422,857
10$18,705$18,026$404,151
11$19,535$17,196$384,616
12$20,402$16,329$364,214
13$21,308$15,423$342,906
14$22,254$14,477$320,652
15$23,241$13,490$297,411
16$24,273$12,458$273,138
17$25,350$11,381$247,789
18$26,475$10,256$221,314
19$27,650$9,081$193,664
20$28,877$7,854$164,786
21$30,159$6,572$134,628
22$31,497$5,234$103,130
23$32,895$3,836$70,235
24$34,355$2,376$35,880
25$35,880$851$0

At the end of your 5-year term

Total paid over the term
$183,655
Principal paid down
$69,141
Interest paid
$114,514
Balance remaining
$490,059

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
From 24 whole-home leases in Rockcliffe-Smythe$2,689/mo
$32,268Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,351 to $2,904Typical rent range
~22 daysTo find a tenant, on average

The suite is real income here: basements rent in Rockcliffe-Smythe (24 of 78 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 24 whole-home leases in Rockcliffe-Smythe signed at a median of $2,760 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,689. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.6%
Gross yield
− Property tax $2,647− Insurance $1,400− Vacancy & upkeep $3,549Net operating income $24,672

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SIXROOFS REALTY. MLS®/PropTx.

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