627 Caledonia Road, Toronto, ON
Briar Hill-Belgravia, Toronto · MLS® W13570664
About this home
Updated and well maintained, this home offers exceptional value with rare features including ample parking and an oversized garage. Ideal for first-time buyers or savvy investors; the property is situated in a highly desirable location with strong long-term upside. A very functional layout maximizes both comfort and usability, featuring a separate entrance to a renovated basement with impressive ceiling height and above-grade windows, creating a versatile space as in law suite. Recent upgrades include newer windows, doors and roof shingles, enhancing both efficiency and curb appeal. Enjoy the convenience of a private driveway, oversized garage, and walking distance to the LRT and future GO Station, making commuting effortless. Surrounded by great shops, restaurants, schools, and parks, and just moments from the scenic York Beltline Trail-perfect for outdoor enthusiasts. A versatile opportunity in a sought-after neighborhood-move in, rent out, or invest for the future.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- W13570664
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700 sq ft
- Lot
- 25 × 108 ft
- Cross streets
- Caledonia & Eglinton
- Parking
- 1 garage · 3 parking (detached)
- Driveway
- Private
- Basement
- Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,416 / 2025
- Days on market
- 1
- Listing brokerage
- Royal LePage Security Real Estate
Rooms
vinyl floor · combined w/living
tile floor · combined w/kitchen · open concept
Hardwood Floor
vinyl floor · above grade window
tile floor · combined w/living · open concept
vinyl floor · combined w/kitchen
Hardwood Floor
Listed at $774,900, 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 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $733K, a bit higher.
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 $800K
- Size difference −$178K
- Adjusts to $622K
That comparable adjusts to $622K; the $637K estimate above is the median of all 12 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 Bowie 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 $637K, median of 12 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 2% below the area average of $1,124/sqft.
0 days faster than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Briar Hill-Belgravia, 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: Caledonia Rd at Bowie Ave, about 85 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 $619,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,308
- Property tax
- $285
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,593
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,973
- Toronto municipal land transfer tax
- $11,973
- Estimated closing costs
- $23,946
Plus your down payment of $154,980. 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
- $198,487
- Principal paid down
- $78,947
- Interest paid
- $119,540
- Balance remaining
- $540,973
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 Security Real Estate. MLS®/PropTx.