257 Prescott Avenue, Toronto, ON
Weston-Pellam Park, Toronto · MLS® W13216602
About this home
Welcome to 257 Prescott Avenue, a beautifully detached extensively renovated over the years. This 3-bedroom home comes with a finished basement and two parking spots. The front porch provides a rare and relaxing outdoor space in the city. Renovations completed over the past 3/4 years include a modern stucco and vinyl exterior, new roof shingles, updated windows, gas furnace, and central air conditioning. Inside, the home features a bright, carpet-free layout with spacious rooms and a stunning waffle ceiling in the living and dining area. The open-concept kitchen is perfect for family living, offering stainless steel appliances, quartz countertops, and a walkout to the backyard. The finished basement comes with a kitchen, full washroom, and separate walkout entrance, ideal for in-laws or rental potential. Added conveniences include main-floor laundry, wifi thermostat, wifi doorbell, and smart light switches for modern living. Solar lights brighten the front and backyards, and two backyard sheds provide extra storage space. Located close to Earlscourt Park, schools, recreation centers, and public transit, this move-in-ready home offers the perfect blend of comfort, convenience, and modern upgrades - a rare find in the city! Just move in and enjoy.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13216602
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 25 × 53.69 ft
- Cross streets
- St. Clair/Caledonia Rd
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished with Walk-Out, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Vinyl Siding
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,205 / 2026
- Days on market
- 49
- Listing brokerage
- HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Rooms
Hardwood Floor
eat-in kitchen · w/o to yard · modern kitchen
hardwood floor · combined w/dining
Hardwood Floor
hardwood floor · combined w/living
Hardwood Floor
Listed at $899,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Weston-Pellam Park, so I widened the search to the surrounding area.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $703K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $899K
- Bedrooms +$30K
- Adjusts to $929K
That comparable adjusts to $929K; the $891K estimate above is the median of all 8 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $891K, median of 8 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 9% above the area average of $914/sqft.
48 days longer than the Toronto average (1 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
Car-DependentA 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.
Almost all errands require a car.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $719,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,842
- Property tax
- $267
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,109
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Toronto municipal land transfer tax
- $14,473
- Estimated closing costs
- $28,946
Plus your down payment of $179,980. 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
- $230,506
- Principal paid down
- $91,682
- Interest paid
- $138,824
- Balance remaining
- $628,238
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 HOMELIFE SUPERSTARS REAL ESTATE LIMITED. MLS®/PropTx.