67 Kay Drive, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13564046

$859,900
For Sale
Listed 3 days ago
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3Bedrooms
3Bathrooms
1Garage · 4 parking
1100-1500Sq Ft

About this home

Welcome To This Beautifully Cared-For 3-Bedroom, 3-Bath Detached Home, Proudly Owned By The Same Family For 23 Years. Ideally Located On A Quiet, Family-Friendly Street Just Steps From Kay Park, This Home Sits On A Premium 30 Ft Lot And Offers The Perfect Blend Of Comfort, Space, And Everyday Convenience. Inside, You'll Find An Extended Living Room, Spacious Eat-In Kitchen, Elegant Oak Staircase, Pot Lights, An Upgraded Electric Fireplace, Recently Updated Stainless Steel Appliances, A Home Security Camera System, And An Extended Driveway. The Finished Basement Features A Kitchenette And Full Washroom, Providing Excellent In-Law Living Or Rental Income Potential, With The Possibility Of Adding A Side Entrance. Enjoy Peace Of Mind With Numerous Mechanical And Exterior Upgrades, Including The Furnace, Central Air Conditioning, Roof, Covered Deck, Shed, Fencing, And Front Porch Railings With Epoxy Finish. The Exterior Is Equally Impressive With A Large Front Porch Featuring Glass Railings And A Low-Maintenance Concrete Backyard. Ideally Situated Close To Top-Rated Schools, Public Transit, The Upcoming LRT, Humber College, Albion Mall, Rowntree Mills Trails, Community Centre, And Offering Quick Access To Highways 407 And 427.

Key facts

Property type
Detached, 2-Storey
MLS®
W13564046
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500
Lot
30.51 × 96.78 ft
Cross streets
Kipling & Steeles
Parking
1 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$3,514 / 2025
Days on market
3
Listing brokerage
LPT REALTY

Rooms

Primary BedroomSecond5.20 × 3.20 m
Bedroom 3Second2.92 × 2.90 m
Bedroom 2Second3.95 × 2.92 m
Dining RoomMain4.50 × 3.05 m
KitchenMain5.50 × 2.50 m
Living RoomMain4.50 × 3.05 m
RecreationBasement5.50 × 4.60 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.26Mest. value

Listed at $859,900, this home is about 32% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Mount Olive-Silverstone-Jamestown, so I widened the search to the surrounding area.

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 $740K, 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 $1.90M
  • Bathrooms +$15K
  • Adjusts to $1.91M

That comparable adjusts to $1.91M; the $1.26M 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 John D Parker Junior 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. Steeles Ave West at Walkway to Cathy Jean Cres is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$860KGreat deal$1.91MOverpriced

Total price vs nearby homes. Fair value about $1.26M, 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.39Mavg asking

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

107 Twenty Fourth Street$939k31 Griffen Drive$778k110 Gillard Avenue$1.25M351 Fairlawn Avenue$1.90M122 Strath Avenue$2.10M

The 5 closest active listings nearby.

See all comparable homes
860kThis home939k778k1.25M1.90M2.10MThis home vs active comparables
Live market pulseActive comparables in Mount Olive-Silverstone-Jamestown · median list $949K
$661this home / sqft
7active listings nearby
3days on market

This home lists 10% below the area average of $732/sqft.

2 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

Mount Olive-Silverstone-Jamestown, 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: Steeles Ave West at Walkway to Cathy Jean Cres, about 219 m away

20+ transit stops3 grocery20+ dining19 parks5 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
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 John D Parker Junior School
72%
John D Parker Junior SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$3,919/mo
$162KIncome needed
5.3×Price ÷ income
$904Weekly 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 $3,919Property tax $293Total carry $4,212

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)
$3,671per month

Mortgage amount $687,920 · 4.14% over 25 years

$171,980Down payment (20.0%)
$687,920Loan before insurance
$0CMHC premium
$3,964Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$293
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,964

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

One-time closing costs

Ontario land transfer tax
$13,673
Toronto municipal land transfer tax
$13,673
Estimated closing costs
$27,346

Plus your down payment of $171,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,459/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

$413,379Total interest paid
$1,101,299Total of all payments
Principal $687,920 Interest $413,379
YearPrincipalInterestBalance
1$16,116$27,936$671,804
2$16,790$27,262$655,015
3$17,492$26,560$637,523
4$18,224$25,828$619,299
5$18,986$25,066$600,313
6$19,780$24,272$580,533
7$20,607$23,445$559,926
8$21,469$22,583$538,456
9$22,367$21,685$516,089
10$23,303$20,749$492,786
11$24,278$19,774$468,508
12$25,293$18,759$443,215
13$26,351$17,701$416,864
14$27,453$16,598$389,410
15$28,602$15,450$360,808
16$29,798$14,254$331,010
17$31,045$13,007$299,966
18$32,343$11,709$267,622
19$33,696$10,356$233,926
20$35,105$8,947$198,821
21$36,574$7,478$162,247
22$38,104$5,948$124,143
23$39,698$4,354$84,446
24$41,358$2,694$43,088
25$43,088$964$0

At the end of your 5-year term

Total paid over the term
$220,260
Principal paid down
$87,607
Interest paid
$132,653
Balance remaining
$600,313

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
2.3%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.

3.2%
Gross yield
− Property tax $3,514− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,650

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

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