111 Shoreham Drive, Toronto, ON

Black Creek, Toronto · MLS® W13425174

$929,000
For Sale
Listed 37 days ago
3Bedrooms
2Bathrooms
1Garage · 4 parking
1100-1500Sq Ft

About this home

Charming 3-Bedroom, Semi-Detached Raised Bungalow Nestled In Well Established Neighbourhood. Extremely Well Maintained Sun-Filled Main Floor Features Strip Hardwood Flooring, Open Dining And Living Area With Large W-Out To Porch/Veranda At Front, Large Eat-In Kitchen W Backsplash, Large Windows, And Tons Of Prep Space And Great For Entertaining. Main Floor Includes Three Good Sized Bedrooms With Large Windows And Separate Closest, Bathroom And Tons Of Handy Storage Throughout. Great Basement Setup With Separate Entrance That Includes Appliances, Good Sized Eat-In Kitchen, Custom Backsplash, Tall Uppers, And Large Windows. Large Rec Area That Can Easily Be Customized To Your Needs, Gas Fireplace, Plenty Of Large Above Grade Windows And Recently Renovated Custom Bathroom And Tons Of Handy Storage. Major System Upgrades Include Furnace, A/C, And Water Heater. Located Close To York University, Good Schools, TTC, Shopping, Parks, And Grocery, All Within Walking Distance, With Easy Access To Major Highways For Commuting. Exterior Features Include A Private Interlock Walkway, Fenced Yard, Private Spacious Driveway, Garage And A Backyard Great For Entertaining. A Rare Opportunity For Families, Investors, Or Those Seeking A Versatile Property In A Prime Location.

Key facts

Property type
Semi-Detached, Bungalow
MLS®
W13425174
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
30 × 120.29 ft
Cross streets
Jane and Steeles
Parking
1 garage · 4 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$3,529 / 2025
Days on market
37
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

BedroomMain3.53 × 3.00 m

hardwood floor · window · closet

BreakfastMain3.52 × 2.07 m

tile floor · combined w/kitchen

Living RoomMain4.90 × 4.46 m

hardwood floor · combined w/dining · w/o to porch

BedroomMain2.43 × 3.12 m

hardwood floor · window · closet

RecreationLower7.33 × 6.12 m

fireplace · above grade window

Primary BedroomMain3.02 × 4.41 m

hardwood floor · window · closet

Dining RoomMain3.02 × 3.93 m

hardwood floor · combined w/living

KitchenLower3.72 × 4.88 m

backsplash · above grade window

KitchenMain3.52 × 2.77 m

tile floor · window

Moe’s TakeTeam Asgarian · Broker
In line
$980Kest. value

Listed at $929,000, 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 Black Creek, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $668K, lower than the comparables and worth a second look.

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 $800K
  • Bedrooms −$30K
  • Adjusts to $770K

That comparable adjusts to $770K; the $980K estimate above is the median of all 5 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 Blacksmith Public 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 very walkable address with everyday errands close by. Hullmar Dr at Shoreham Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$910KGreat deal$1.07MOverpriced

Total price vs nearby homes. Fair value about $980K, median of 5 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$946kavg asking

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

33 Elise Terrace$940k21 Buckland Road$800k18 Tuna Court$1.10M

The 3 closest active listings nearby.

See all comparable homes
929kThis home940k800k1.10MThis home vs active comparables
Live market pulseActive comparables in Black Creek · median list $865K
$715this home / sqft
5active listings nearby
37days on market

This home lists 17% above the area average of $613/sqft.

33 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Black Creek, 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.

Getting around

75/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Hullmar Dr at Shoreham Dr, about 206 m away

20+ transit stops5 grocery20+ dining8 parks14 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

York University Heights
$920K
Glenfield-Jane Heights
$879K
Newtonbrook West
$940K
Corso Italia-Davenport
$951K
Mount Pleasant East
$1.28M

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 Blacksmith Public School
50%
Blacksmith Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 50% meet the provincial standard

Affordability & Mortgage

Affordability
$4,234/mo
$174KIncome needed
5.4×Price ÷ income
$977Weekly cost
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 $4,234Property tax $294Total carry $4,528

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,966per month

Mortgage amount $743,200 · 4.14% over 25 years

$185,800Down payment (20.0%)
$743,200Loan before insurance
$0CMHC premium
$4,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,966
Property tax
$294
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,260

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

One-time closing costs

Ontario land transfer tax
$15,055
Toronto municipal land transfer tax
$15,055
Estimated closing costs
$30,110

Plus your down payment of $185,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,817/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

$446,597Total interest paid
$1,189,797Total of all payments
Principal $743,200 Interest $446,597
YearPrincipalInterestBalance
1$17,411$30,181$725,789
2$18,139$29,453$707,651
3$18,898$28,694$688,753
4$19,688$27,904$669,065
5$20,512$27,080$648,553
6$21,370$26,222$627,184
7$22,263$25,328$604,920
8$23,195$24,397$581,726
9$24,165$23,427$557,561
10$25,176$22,416$532,385
11$26,229$21,363$506,157
12$27,326$20,266$478,831
13$28,469$19,123$450,362
14$29,660$17,932$420,702
15$30,900$16,692$389,802
16$32,193$15,399$357,610
17$33,539$14,053$324,070
18$34,942$12,650$289,128
19$36,404$11,188$252,724
20$37,926$9,665$214,798
21$39,513$8,079$175,285
22$41,166$6,426$134,119
23$42,888$4,704$91,232
24$44,681$2,910$46,550
25$46,550$1,041$0

At the end of your 5-year term

Total paid over the term
$237,959
Principal paid down
$94,647
Interest paid
$143,313
Balance remaining
$648,553

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
Estimate$2,300/mo
$27,600Gross annual rent
2.1%Est. cap rate

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

Talk about the numbers

Estimates 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.

3.0%
Gross yield
− Property tax $3,529− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,635

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

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