132 Spears Street, Toronto, ON
Rockcliffe-Smythe, Toronto · MLS® W13496410
About this home
Charming detached bungalow on a quiet residential street in Toronto's sought-after Rockcliffe-Smythe neighbourhood. This bright and functional home features an open-concept living and dining area, spacious kitchen, generous-sized bedrooms, and a deep 15 x 150 ft lot with backyard space perfect for relaxing or entertaining. Currently set up as a 2 family property with a basement apartment with separate entrance from the front, ideal for income or in-law suite. Stairs to basement currently blocked but easily opened if single family is desired. Long backyard. Resident has been parking in front of the home on the boulevard for many years but does not have a parking permit (Buyer to do due diligence). Very bright with east/west exposure. Conveniently located close to parks, schools, shopping, transit, and everyday amenities, offering comfortable urban living in an established family-friendly community. Ideal for professionals, couples, or small families seeking a well-connected west-end location. Small concrete floor section on side of the house to be repaired once the weather improves and before closing. Offers anytime. Don't miss this opportunity!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13496410
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 15 × 150 ft
- Cross streets
- Weston Road / Northland Ave
- Parking
- 0 parking
- Driveway
- None
- Basement
- Apartment, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $3,084 / 2025
- Days on market
- 21
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
ceramic floor · closet · window
parquet · combined w/living · window
parquet · closet · crown moulding
parquet · combined w/dining · window
parquet · walk-in closet(s) · window
ceramic floor · open concept · window
parquet · combined w/living · window
parquet · closet · window
parquet · combined w/dining · window
Listed at $649,000, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $819K, a close match.
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 $809K
- Adjusts to $809K
That comparable adjusts to $809K; the $793K estimate above is the median of all 6 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 Harwood 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Humber Blvd at Cliff St is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $793K, median of 6 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.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 23% below the area average of $938/sqft.
20 days longer than the Toronto average (1 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
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Humber Blvd at Cliff St, about 238 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 $519,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,771
- Property tax
- $257
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,028
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,455
- Toronto municipal land transfer tax
- $9,455
- Estimated closing costs
- $18,910
Plus your down payment of $129,800. 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
- $166,239
- Principal paid down
- $66,120
- Interest paid
- $100,118
- Balance remaining
- $453,080
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.