40 Benway Drive, Toronto, ON
Rexdale-Kipling, Toronto · MLS® W13482378
About this home
Welcome to this well maintained bungalow in a quiet neighbourhood of Etobicoke. This home offers 3 bedrooms and 2 bathrooms. The large living room, with fireplace and separate dining room complement this home providing wonderful space to gather with family and friends. The kitchen has ample cupboards and ready to prepare fan favorite meals. The main floor bathroom has been recently updated with a tiled and glass shower. The original hardwood flooring in the bedrooms and dining room have been meticulously cared for. There is carpet in the hallways and living room, however underneath you will be surprised to find the same beautiful hardwood. The basement is finished and functional with a large recreation room, additional bedroom, den/study, laundry room and workshop. There are possibilities in the basement to suit your family needs and/or multigenerational living. The backyard is fully fenced with lots of beautiful trees, hedges and perennials for amazing privacy and natural beauty. From the backyard, you can enter the house through the doorway that takes you to the kitchen or basement entry. The attached, single car garage also provides backyard access. Storage in this home is plentiful with many cupboards, storage areas in the basement and a garage loft. This home is conveniently located with easy access to HWY 401 and 427 for quick trips to Pearson Airport or downtown Toronto! Public transit (TTC) stops are within walking distance to Kipling Ave. This community is close to elementary, high schools, libraries and places of worship. Please review the Feature List and check the property website at 40benway.com This home is waiting for your personal touch! If you are downsizing or first-time home buyers...this home will be very suitable for you! Don't wait, come see this beauty today!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13482378
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 1100-1500
- Lot
- 55.25 × 99.5 ft
- Cross streets
- Kipling Ave and Rexdale Blvd
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,316 / 2026
- Days on market
- 23
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
hardwood floor · window · closet
hardwood floor · window · closet
window · linoleum · backsplash
hardwood floor · large window
window · panelled
window · panelled
vinyl floor · window · panelled
hardwood floor · large window · closet
picture window · brick fireplace
This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairThe assigned public school is Thistletown 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 very walkable address with everyday errands close by. Kipling Ave at Redwater Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 5% below the area average of $727/sqft.
22 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rexdale-Kipling, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Kipling Ave at Redwater Dr, about 243 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $718,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,834
- Property tax
- $360
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,193
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,435
- Toronto municipal land transfer tax
- $14,435
- Estimated closing costs
- $28,870
Plus your down payment of $179,600. 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
- $230,019
- Principal paid down
- $91,488
- Interest paid
- $138,531
- Balance remaining
- $626,912
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
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 COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.