234 Nairn Avenue, Toronto, ON
Caledonia-Fairbank, Toronto · MLS® W13562244
About this home
Updated and move-in ready! Welcome to this beautifully renovated detached bungalow offeringexceptional value for first-time buyers, young professionals, or those looking to downsizewithout compromising on style. Thoughtfully redesigned with soft, modern finishes throughout,this home is ready for you to move in and enjoy from day one.The bright, open-concept main floor features a spacious living area and a stunning updatedkitchen with sleek countertops, stainless steel appliances, and a centre island that's perfectfor casual dining and entertaining. Two well-appointed bedrooms and a beautifully renovated3-piece bathroom complete the main level.The professionally finished basement expands your living space with a large recreation area, adedicated office nook, an additional bedroom, a stylish 3-piece bathroom, and a separatelaundry room for added convenience.Engineered hardwood flooring, pot lights, and quality finishes throughout create a warm andinviting atmosphere. This home offers both front and rear entrances, with the front entrancefeaturing a charming covered front porch that provides a welcoming space to relax and enjoyyour morning coffee. Step outside to a private backyard featuring a deck and concretepatio-ideal for summer entertaining, or simply relaxing outdoors. A detached garage with oneparking space adds everyday convenience.Ideally located close to the new LRT, TTC, schools, parks, shopping, and everyday amenities,this move-in-ready home offers the perfect blend of comfort, style, and convenience. Offers welcome anytime!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13562244
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 18.53 × 127.18 ft
- Cross streets
- Rogers Rd & Nairn
- Parking
- 1 garage (detached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Other
- Property tax
- $4,045 / 2026
- Days on market
- 3
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
hardwood floor · closet · closet
hardwood floor · combined w/dining · w/o to yard
hardwood floor · closet · window
laminate · led lighting · window
laminate · led lighting · closet
led lighting · window
Laminate
hardwood floor · combined w/family · led lighting
Laminate
Laminate
Listed at $948,888, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $915K, 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 $899K
- Adjusts to $899K
That comparable adjusts to $899K; the $899K estimate above is the median of all 5 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 Oakwood Collegiate Institute. 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. Rogers Rd at Nairn Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $899K, median of 5 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 1% below the area average of $1,069/sqft.
2 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Caledonia-Fairbank, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Rogers Rd at Nairn Ave, about 49 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 $759,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,051
- Property tax
- $337
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,388
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,453
- Toronto municipal land transfer tax
- $15,453
- Estimated closing costs
- $30,906
Plus your down payment of $189,778. 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
- $243,054
- Principal paid down
- $96,673
- Interest paid
- $146,381
- Balance remaining
- $662,438
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.