78 Bowie Avenue, Toronto, ON
Briar Hill-Belgravia, Toronto · MLS® W13226518
About this home
Brand New Purpose-Built Duplex Offering Exceptional Quality, Versatility, And Income Potential! This Stunning Property Features Two Beautifully Appointed Self-Contained Units Designed With Modern Living In Mind, Showcasing Contemporary Finishes, Spacious Layouts, Stylish Kitchens, Elegant Bathrooms, And Quality Craftsmanship Throughout. Ideal For Investors, Multi-Generational Families, Or Owner-Occupants Looking To Generate Additional Rental Income While Enjoying The Benefits Of A Brand-New Home. The Professionally Finished Basement Provides Outstanding Flexibility And Offers Potential For A Future Third Residential Unit, In-Law Suite, Or Additional Income-Generating Space. Built To Today's Standards With Attention To Detail And Long-Term Value In Mind, This Turnkey Property Presents A Rare Opportunity To Acquire A New Construction Income Property With Multiple Revenue Streams And Significant Future Upside. Whether You're Expanding Your Investment Portfolio Or Seeking A Smart Home ownership Opportunity, This Property Combines Modern Design, Functionality, And Strong Income Potential In One Exceptional Package.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- W13226518
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5
- Size
- 2000-2500
- Lot
- 25 × 125 ft
- Cross streets
- Eglinton/ Dufferin
- Parking
- 4 parking
- Driveway
- Available, Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,225 / 2025
- Days on market
- 50
- Listing brokerage
- HOME LAND PLUS REALTY LTD.
Rooms
3 pc ensuite · hardwood floor · w/o to deck
3 pc ensuite · balcony · walk-in closet(s)
combined w/game · tile floor · b/i bar
hardwood floor · large window · pot lights
walk-up · tile floor · pot lights
hardwood floor · large window · b/i closet
combined w/dining · centre island · hardwood floor
walk-up · tile floor · pot lights
above grade window · tile floor · pot lights
hardwood floor · large window · pot lights
hardwood floor · large window · pot lights
b/i closet · large window · hardwood floor
combined w/dining · centre island · hardwood floor
Listed at $2,495,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Briar Hill-Belgravia lately, sellers have been getting about 97% of asking and homes sell in about 27 days.
There were not many closely comparable homes right in Briar Hill-Belgravia, so I widened the search to the surrounding area.
Based on 64 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 64 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.17M, a close match. 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, sold for $1.25M
- Bathrooms +$29K
- Adjusts to $1.27M
That comparable adjusts to $1.27M; the $2.02M estimate above is the median of all 64 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
Total price vs nearby homes. Fair value about $2.02M, median of 64 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. Value driver
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 homesOn the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Briar Hill-Belgravia, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,996,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,651
- Property tax
- $852
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,503
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,850
- Toronto municipal land transfer tax
- $48,850
- Estimated closing costs
- $97,700
Plus your down payment of $499,000. 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
- $639,084
- Principal paid down
- $254,191
- Interest paid
- $384,893
- Balance remaining
- $1,741,809
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 HOME LAND PLUS REALTY LTD.. MLS®/PropTx.