23 Chappel Hill Road, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13529396

$1,039,000
For Sale
Listed 16 days ago
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3Bedrooms
2Bathrooms
2Garage · 5 parking
1100-1500Sq Ft

About this home

Attention investors, multi generational families, and savvy buyers! Welcome to 23 Chappel Hill Rd, ideally situated in Toronto's desirable Downsview Roding community. This well located property offers outstanding convenience, minutes from Humber River Hospital, York University, Downsview Park, Yorkdale Shopping centre, and everyday amenities, Inside buyers will find a functional layout with excellent in law or income potential, featuring a 2nd kitchen that provides flexibility for extended family living. The detached double garage offers ample space for vehicles, storage, or a workshop. Set in an established neighbourhood with nearby bus routes and easy access to major commuter routes, this property presents an exceptional opportunity to renovate, personalize, or invest in one of Toronto's continually growing communities. Whether you're looking to add to your investment portfolio or create a home that meets the needs of a growing family, this property is full of potential and possibilities.

Key facts

Property type
Detached, Bungalow
MLS®
W13529396
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
50.1 × 120 ft
Cross streets
Richard Clark to Chappel Hill Rd
Parking
2 garage · 5 parking (detached)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,404 / 2026
Days on market
16
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Rooms

Bedroom 2Ground3.26 × 3.65 m
RecreationBasement10.66 × 3.27 m
Primary BedroomGround4.64 × 3.03 m
KitchenGround2.44 × 3.53 m
Bedroom 3Ground3.66 × 2.65 m
Living RoomGround4.96 × 3.33 m
Dining RoomGround2.59 × 3.65 m
KitchenBasement3.63 × 2.60 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.00Mest. value

Listed at $1,039,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Downsview-Roding-CFB lately, sellers have been getting about 99% of asking and homes sell in about 31 days.

Based on 68 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 68 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $927K, 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, sold for $840K
  • Bathrooms +$15K
  • Adjusts to $855K

That comparable adjusts to $855K; the $1.00M estimate above is the median of all 68 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Beverley Heights Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$881KGreat deal$1.20MOverpriced

Total price vs nearby homes. Fair value about $1.00M, median of 68 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Comparable listingsCurrently listed nearby in Downsview-Roding-CFB · asking prices
$1.16Mavg asking

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

243 Epsom Downs Drive$999k28 Renshaw Street$1.10M22 Nash Drive$1.39M

The 3 closest active listings nearby.

See all comparable homes
1.04MThis home999k1.10M1.39MThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $1.08M
$799this home / sqft
6active listings nearby
16days on market
77sold nearby · 90 days
$1.05Mmedian sold price
99%of asking, on average

This home lists 6% below the area average of $849/sqft.

15 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

Downsview-Roding-CFB, 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.

Nearby neighbourhoods

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

Bedford Park-Nortown
$4.46M
Eringate-Centennial-West Deane
$1000K
Willowdale East
$3.00M
East York
$925K
Alderwood
$1.58M

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 Beverley Heights Middle School
53%
Beverley Heights Middle SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 53% meet the provincial standard

Affordability & Mortgage

Affordability
$4,735/mo
$195KIncome needed
5.3×Price ÷ income
$1,093Weekly 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 $4,735Property tax $367Total carry $5,102

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,436per month

Mortgage amount $831,200 · 4.14% over 25 years

$207,800Down payment (20.0%)
$831,200Loan before insurance
$0CMHC premium
$4,803Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,436
Property tax
$367
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,803

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

One-time closing costs

Ontario land transfer tax
$17,255
Toronto municipal land transfer tax
$17,255
Estimated closing costs
$34,510

Plus your down payment of $207,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,387/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

$499,478Total interest paid
$1,330,678Total of all payments
Principal $831,200 Interest $499,478
YearPrincipalInterestBalance
1$19,472$33,755$811,728
2$20,287$32,940$791,441
3$21,135$32,092$770,306
4$22,019$31,208$748,287
5$22,940$30,287$725,346
6$23,900$29,327$701,447
7$24,900$28,328$676,547
8$25,941$27,286$650,606
9$27,026$26,201$623,580
10$28,157$25,071$595,423
11$29,334$23,893$566,089
12$30,561$22,666$535,528
13$31,840$21,387$503,688
14$33,171$20,056$470,517
15$34,559$18,668$435,958
16$36,005$17,223$399,953
17$37,511$15,717$362,442
18$39,080$14,148$323,363
19$40,714$12,513$282,649
20$42,417$10,810$240,231
21$44,191$9,036$196,040
22$46,040$7,187$150,000
23$47,966$5,261$102,034
24$49,972$3,255$52,062
25$52,062$1,165$0

At the end of your 5-year term

Total paid over the term
$266,136
Principal paid down
$105,854
Interest paid
$160,282
Balance remaining
$725,346

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
1.8%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.

2.7%
Gross yield
− Property tax $4,404− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,760

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

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