139 Kitchener Avenue, Toronto, ON

Caledonia-Fairbank, Toronto · MLS® W13506826

$949,000
For Sale
Listed 17 days ago
Request a showing
◎ Directions
4Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

Discover the incredible opportunity at 139 Kitchener Avenue, a detached bungalow nestled between two of Toronto's well-established neighbourhoods; Fairbank & Keelesdale, offering family-friendly living with unbeatable convenience. This 3+1 bedroom home stands out in an area primarily known for two-bedroom bungalows, making it an exceptional opportunity for first-time buyers, growing families, and multi-generational families. Bright and functional throughout, the home features a sun-filled living room, combined with an open-concept kitchen and a separate entrance leading to a finished basement complete with its own kitchen and bedroom, an ideal setup for extended family, guests, or potential rental income. Outside, enjoy a sunny backyard with a spacious deck, detached garage, and the convenience of a rare private driveway. Situated just steps from Keelesdale Village, you'll love the neighbourhood's inviting mix of local cafés, and bakeries, perfect for an evening out or your morning coffee. Everyday essentials are just around the corner at Westside Mall, home to FreshCo, Canadian Tire, Pharmacy, and a variety of shops and services. Commuting throughout the city is seamless with the Eglinton Crosstown LRT now open. Caledonia Station is just minutes away, and Mount Dennis Station is one stop west, providing direct access to the UP Express for quick trips to Downtown Toronto and Pearson Airport. With convenient access to Black Creek Drive, Allen Road, Highways 400 and 401, excellent schools, recreation, and the added bonus of Bert Robinson Park right behind the property, this location truly offers the perfect balance of connectivity and outdoor living. Don't miss your chance to own one of the area's rare detached 3-bedroom bungalows in one of Toronto's most convenient and desirable neighbourhoods.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13506826
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
30 × 103.37 ft
Cross streets
Caledonia Rd and Eglinton Ave W
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,791 / 2025
Days on market
17
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomBasement4.48 × 6.34 m

laminate · window

Primary BedroomMain2.56 × 3.87 m

closet · window · laminate

RecreationBasement2.60 × 4.04 m

Laminate

KitchenMain2.56 × 5.15 m

stainless steel appl · window · open concept

Bedroom 2Main2.17 × 3.87 m

closet · window · laminate

Living RoomMain2.85 × 4.06 m

laminate · window · open concept

KitchenBasement2.79 × 5.31 m

laminate · open concept · window

Bedroom 3Main1.99 × 3.37 m

window · laminate

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.06Mest. value

Listed at $949,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $773K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $899K
  • Size difference +$328K
  • Bedrooms +$30K
  • Adjusts to $1.26M

That comparable adjusts to $1.26M; the $1.06M estimate above is the median of all 13 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 Fairbank Memorial 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 very walkable address with everyday errands close by. Caledonia Rd at Kitchener Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$770KGreat deal$1.24MOverpriced

Total price vs nearby homes. Fair value about $1.06M, median of 13 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.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.48Mavg asking

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

41 Burnview Crescent$1.43M400 Manse Road$1.75M25 Grovetree Road$1.20M39 Heathview Avenue$1.55M

The 4 closest active listings nearby.

See all comparable homes
949kThis home1.43M1.75M1.20M1.55MThis home vs active comparables
Live market pulseActive comparables in Caledonia-Fairbank · median list $999K
$730this home / sqft
13active listings nearby
17days on market

This home lists 12% below the area average of $826/sqft.

16 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

Caledonia-Fairbank, 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

79/ 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: Caledonia Rd at Kitchener Ave, about 52 m away

20+ transit stops14 grocery20+ dining19 parks15 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.

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

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 Fairbank Memorial Community School
66%
Fairbank Memorial Community SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 66% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,325/mo
$178KIncome needed
5.3×Price ÷ income
$998Weekly 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 $4,325Property tax $316Total carry $4,641

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)
$4,051per month

Mortgage amount $759,200 · 4.14% over 25 years

$189,800Down payment (20.0%)
$759,200Loan before insurance
$0CMHC premium
$4,367Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,051
Property tax
$316
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,367

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

One-time closing costs

Ontario land transfer tax
$15,455
Toronto municipal land transfer tax
$15,455
Estimated closing costs
$30,910

Plus your down payment of $189,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,921/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

$456,212Total interest paid
$1,215,412Total of all payments
Principal $759,200 Interest $456,212
YearPrincipalInterestBalance
1$17,785$30,831$741,415
2$18,529$30,087$722,885
3$19,304$29,312$703,581
4$20,112$28,505$683,469
5$20,953$27,663$662,516
6$21,830$26,787$640,686
7$22,743$25,874$617,943
8$23,694$24,922$594,249
9$24,685$23,931$569,564
10$25,718$22,899$543,847
11$26,793$21,823$517,053
12$27,914$20,702$489,139
13$29,082$19,535$460,058
14$30,298$18,318$429,760
15$31,565$17,051$398,194
16$32,886$15,731$365,308
17$34,261$14,355$331,047
18$35,694$12,922$295,353
19$37,187$11,429$258,165
20$38,743$9,874$219,422
21$40,364$8,253$179,059
22$42,052$6,565$137,007
23$43,811$4,806$93,196
24$45,643$2,973$47,553
25$47,553$1,064$0

At the end of your 5-year term

Total paid over the term
$243,082
Principal paid down
$96,684
Interest paid
$146,398
Balance remaining
$662,516

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
2.0%Est. cap rate

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 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.

2.9%
Gross yield
− Property tax $3,791− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,373

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

CallRequest a showing