23 Allenby Avenue, Toronto, ON

Elms-Old Rexdale, Toronto · MLS® W13489250

$850,000
For Sale
Listed 22 days ago
3Bedrooms
2Bathrooms
3Parking
1100-1500Sq Ft

About this home

Welcome to 23 Allenby Avenue, a beautifully updated 3bedroom, 2bathroom home in a highly convenient Etobicoke location. Freshly painted throughout, this home offers a bright and inviting atmosphere with thoughtful upgrades, including a newly renovated second bathroom. Both showers are backed by a transferable 25 year warranty, providing added peace of mind. The home features quality KitchenAid appliances throughout, blending style and functionality for everyday living and entertaining. Major mechanical updates include a newer roof (2018/2019), as well as a furnace, air conditioner, and hot water tank that are approximately 8 years old, with no rentals, offering full ownership and long term value. Additional exterior improvements include new gutters and functional outdoor outlets for added convenience. Step outside to an impressive backyard featuring a walkout deck, perfect for hosting gatherings, summer barbecues, or relaxing with family. The yard backs onto a quiet open field, offering added privacy and a rare sense of space. Ideally situated, the property provides direct access through the field to the Pine Point area, including a park, tennis club, banquet hall, and outdoor pool. Enjoy unmatched convenience with Costco and Walmart just a 5 minute walk away. Commuters will appreciate quick access to Highways 401, 427, and 400, while Toronto Pearson Airport is only a 10 minute drive. Nature lovers can reach the Humber River Trail in just 7 minutes. A perfect blend of comfort, updates, and location, this home is not to be missed.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13489250
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
44 × 114 ft
Cross streets
Islington Ave & Allenby Ave
Parking
3 parking
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,288 / 2025
Days on market
22
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

KitchenMain2.58 × 4.42 m
Bedroom 2Upper3.93 × 3.08 m
Bedroom 3Upper3.93 × 3.70 m
Living RoomMain5.03 × 3.53 m
Family RoomBasement5.12 × 3.28 m
SunroomMain3.33 × 2.40 m
BedroomMain3.04 × 3.61 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is The Elms Junior Middle 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. Islington Ave at Allenby Ave is about a 2-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.

  • 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.38Mavg asking

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

99 Foch Avenue$998k247 Gainsborough Road$989k27 Sunray Crescent$899k73 St Andrews Boulevard$1.70M134 Morningside Avenue$2.30M

The 5 closest active listings nearby.

See all comparable homes
850kThis home998k989k899k1.70M2.30MThis home vs active comparables
Live market pulseActive comparables in Elms-Old Rexdale · median list $869K
$654this home / sqft
9active listings nearby
22days on market

This home lists 21% below the area average of $829/sqft.

21 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Elms-Old Rexdale, 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

81/ 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: Islington Ave at Allenby Ave, about 126 m away

20+ transit stops5 grocery20+ dining12 parks8 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Alderwood
$998K
High Park-Swansea
$4.99M

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 Elmlea Junior School
46%
Elmlea Junior SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 46% meet the provincial standard

Affordability & Mortgage

Affordability
$3,874/mo
$159KIncome needed
5.3×Price ÷ income
$894Weekly 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.

93%mortgage
Mortgage $3,874Property tax $274Total carry $4,148

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)
$3,629per month

Mortgage amount $680,000 · 4.14% over 25 years

$170,000Down payment (20.0%)
$680,000Loan before insurance
$0CMHC premium
$3,903Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,629
Property tax
$274
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,903

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

One-time closing costs

Ontario land transfer tax
$13,475
Toronto municipal land transfer tax
$13,475
Estimated closing costs
$26,950

Plus your down payment of $170,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,407/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

$408,620Total interest paid
$1,088,620Total of all payments
Principal $680,000 Interest $408,620
YearPrincipalInterestBalance
1$15,930$27,615$664,070
2$16,596$26,948$647,474
3$17,291$26,254$630,183
4$18,014$25,531$612,169
5$18,767$24,777$593,402
6$19,552$23,992$573,850
7$20,370$23,175$553,479
8$21,222$22,323$532,257
9$22,110$21,435$510,147
10$23,035$20,510$487,112
11$23,998$19,547$463,114
12$25,002$18,543$438,112
13$26,048$17,497$412,064
14$27,137$16,407$384,927
15$28,273$15,272$356,654
16$29,455$14,090$327,199
17$30,687$12,858$296,512
18$31,971$11,574$264,541
19$33,308$10,237$231,233
20$34,701$8,844$196,532
21$36,153$7,392$160,379
22$37,665$5,880$122,714
23$39,240$4,304$83,474
24$40,882$2,663$42,592
25$42,592$953$0

At the end of your 5-year term

Total paid over the term
$217,724
Principal paid down
$86,598
Interest paid
$131,126
Balance remaining
$593,402

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
2.3%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.

3.2%
Gross yield
− Property tax $3,288− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,876

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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