39 Holley Avenue, Toronto, ON

Weston, Toronto · MLS® W13559198

$510,000
For Sale
Listed 78 days agoNo offer date stated
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2Bedrooms
1Bathrooms
0Parking
1100-1500Sq ft

About this home

In short

  • LOT VALUE- PRICED TO SELL.
  • This Property Near Transit Hub Offers Quick Access Downtown, Airport, Suburbs, All Amenities, Parks. Property is being sold in "as is, where is" condition for land...
  • Hydro, gas and water services have been disconnected. Sold as is where is, home is NOT LIVEABLE lot value only.

LOT FOR SALE! HANDYMAN SPECIAL! LOT VALUE- PRICED TO SELL! RENOVATE OR BUILD NEW IN UP AND COMING AREA. Opportunity Knocking! Attention, Renovators, Builders & Investors. First time home buyers This is the Diamond in the rough you've been waiting for! Value will only go up as Toronto builds more housing, Buy Now "Up Express", And More! This Property Near Transit Hub Offers Quick Access Downtown, Airport, Suburbs, All Amenities, Parks. ***Property is being sold in "as is, where is" condition for land value only. ** The dwelling is uninhabitable, not insured, and no access to the interior, exterior of the building or the lot will not be permitted prior to / or following acceptance of an offer. Buyers, agents, inspectors, contractors, and any other persons are strictly prohibited from entering the building for safety and liability reasons. ** All inspections and due diligence must be conducted from the exterior of the property only.** The Seller makes no representations or warranties whatsoever regarding the condition, fitness, habitability, structural integrity, zoning, redevelopment potential, or future use of the property or any structures thereon. Hydro, gas and water services have been disconnected. *** Sold as is where is, home is NOT LIVEABLE lot value only. There will be no trespassing onto the lot.***

Key facts

Property type
Detached, 2-Storey
MLS®
W13559198
Bedrooms
2
Bathrooms
1
Size
1100-1500 sq ft
Lot
20 × 100 ft
Cross streets
Weston Rd/St Phillip's/Rectory Rd
Parking
0 parking
Basement
Unfinished
Heating
Other
A/C
None
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
None, On Ground
Property tax
$2,783 / 2025
Days on market
78
Listing brokerage
RE/MAX PROFESSIONALS INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$495Klikely sale price

Listed at $510,000. Going by how homes in Weston and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $495K, if it sells. A realistic range is $464K to $558K.

Independent value check: $543K. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $509K and $569K).

Why $543K. The typical detached home sold in Weston over the past year went for about $853K (40 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,783 a year; the typical home sold here pays about $4,000.
  • ▼ Lowers it strongly2 bedrooms and 1 baths, against 3+1 and 2 typically.
  • ▼ Lowers it stronglyThe listing presents it as a home to renovate or rebuild.
  • ▼ Lowers it strongly0 garage and 0 total parking spaces, against 1 and 4 typically.
List price
$464KBelow recent closings$558KAbove recent closings

Total price vs nearby homes. Likely closing about $495K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$848Kmedian sold price
96%of asking, on average
−3%prices vs a year ago
~38 dayshomes like this take to sell
78days on market so far
$3,200/moest. rent · 8 leases
7.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 5 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $392/sqft against an area asking average of $787/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $626K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is H J Alexander Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Weston, so I widened the search to the surrounding area.

Based on 12 comparable homes that sold in Weston over the past two years, from 80 closings there.

What sellers nearby are askingCurrently listed nearby in Weston · asking prices
$984kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $543K, which is where my estimate comes from.

Per square foot, these ask about $830/sqft; this home lists at $392/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
510kThis home1.04M959k1.06M969k899kThis home vs active comparables

Neighbourhood & location

Weston, 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.

Islington-City Centre West
$1.32M
High Park-Swansea
$2.20M
Willowdale West
$1.30M
St. Andrew-Windfields
$8.80M
Banbury-Don Mills
$2.12M

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 H J Alexander Community School
68%
H J Alexander Community SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 68% meet the provincial standard
St. John the EvangelistEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John the Evangelist Catholic School · Catholic elementary0.7 km · 61% at standard
Pelmo Park Public School · Public elementary1.1 km · 43% at standard
School of Experiential Education · Public secondary1.5 km
Valleyfield Junior School · Public elementary1.5 km · 77% at standard
St Simon Catholic School · Catholic elementary1.6 km · 67% at standard
Weston Memorial Junior Public School · Public elementary1.6 km · 85% at standard
St Eugene Catholic School · Catholic elementary1.7 km · 78% at standard
Dante Alighieri Academy · Catholic secondary1.7 km · 55% at standard
Kingsview Village Junior School · Public elementary1.9 km · 62% at standard
Elmlea Junior School · Public elementary1.9 km · 46% at standard
Hilltop Middle School · Public elementary1.9 km · 62% at standard
Westmount Junior School · Public elementary2.1 km · 53% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,324/mo
$100KIncome needed
5.1×Price ÷ income
$536Weekly cost
$13,350Land transfer tax, one-time (Ontario + Toronto)
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.

91%mortgage
Mortgage $2,324Property tax $232Total carry $2,556

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,256per month

Mortgage amount $408,000 · 4.49% over 25 years

$102,000Down payment (20.0%)
$408,000Loan before insurance
$0CMHC premium
$2,488Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,256
Property tax
$232
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,488

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

One-time closing costs

Ontario land transfer tax
$6,675
Toronto municipal land transfer tax
$6,675
Estimated closing costs
$13,350

Plus your down payment of $102,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,730/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

$268,771Total interest paid
$676,771Total of all payments
Principal $408,000 Interest $268,771
YearPrincipalInterestBalance
1$9,105$17,966$398,895
2$9,518$17,553$389,377
3$9,950$17,120$379,427
4$10,402$16,669$369,024
5$10,874$16,196$358,150
6$11,368$15,703$346,782
7$11,884$15,186$334,897
8$12,424$14,647$322,473
9$12,988$14,083$309,485
10$13,578$13,493$295,908
11$14,194$12,877$281,713
12$14,839$12,232$266,874
13$15,512$11,558$251,362
14$16,217$10,854$235,145
15$16,953$10,118$218,192
16$17,723$9,348$200,469
17$18,528$8,543$181,942
18$19,369$7,702$162,573
19$20,248$6,823$142,325
20$21,168$5,903$121,157
21$22,129$4,942$99,028
22$23,133$3,937$75,895
23$24,184$2,887$51,711
24$25,282$1,789$26,430
25$26,430$641$0

At the end of your 5-year term

Total paid over the term
$135,354
Principal paid down
$49,850
Interest paid
$85,504
Balance remaining
$358,150

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
From 8 whole-home leases in Weston$3,200/mo
$38,400Gross annual rent
5.9%Cap rate after taxes and upkeep
$2,944 to $3,456Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in Weston signed at a median of $3,021 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,200. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.5%
Gross yield
− Property tax $2,783− Insurance $1,400− Vacancy & upkeep $4,224Net operating income $29,993

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

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