49 Cordella Avenue, Toronto, ON
Rockcliffe-Smythe, Toronto · MLS® W13421576
About this home
Completely Reimagined Duplex-Style Home Offering Two Self-Contained Living Spaces, Renovated Top To Bottom In November 2024. Designed With Privacy In Mind, Each Level Features Its Own Separate Entrance And No Shared Living Areas-Ideal For Multi-Generational Living, Extended Family Use Or A Turn Key Opportunity. The Main Level Showcases A Private Cedar Plank Entryway With Updated Structural Improvements, Leading Into A Bright, Modern Interior Finished With White Shaker Cabinetry, Quartz Countertops, Subway Tile Backsplash, And Stainless Steel Appliances. Durable, Waterproof EVA Vinyl Plank Flooring Runs Throughout, Complemented By A Stylish Bathroom With Porcelain Tile, Custom Glass Shower, And Contemporary Fixtures. Smart Home Features Including A Ring Doorbell And Ecobee Thermostat Add Everyday Convenience, Along With Exclusive In-Suite Laundry. The Lower Level Offers A Similar High Quality Level Of Finish With Its Own Private Entrance, Upgraded Kitchen, Stainless Steel Appliances, Modern Finishes, And In-Suite Laundry, Providing Flexible Living Space. Additional Highlights Include New Electrical With Pot Lights, Professionally Cleaned Ventilation System, Ample Storage, And A Spacious Backyard. Optional Parking Available, Plus Affordable Street Permit Parking Through The City For Just $23/Month. Please See Attached Upgrades List for All The Amazing Upgrades... Too Many To List Here! Situated In A Prime Location Close To Schools, Transit, And Major Highways... This Is The One To Get Both Your Feet In The Door!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13421576
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 700 sq ft
- Lot
- 25.03 × 120.15 ft
- Cross streets
- Cordella Avenue & Weston Road
- Parking
- 1 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,710 / 2025
- Days on market
- 39
- Listing brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Rooms
eat-in kitchen · combined w/laundry · backsplash
Combined w/Laundry
closet · window · pot lights
closet · pot lights
closet · window · pot lights
closet · window · pot lights
Window
Pot Lights
Window
3 Pc Bath
window · pot lights
3 Pc Bath
galley kitchen · combined w/dining
Listed at $899,900, this home is about 29% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rockcliffe-Smythe, so I widened the search to the surrounding area.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $788K, 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 $999K
- Size difference −$200K
- Adjusts to $799K
That comparable adjusts to $799K; the $699K estimate above is the median of all 9 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 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.
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 $699K, median of 9 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- 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 8 active listings nearby.
See all comparable homes37 days longer than the Toronto average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rockcliffe-Smythe, 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
- $309
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,151
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 RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.