17 Old Oak Road, Toronto, ON
Kingsway South, Toronto · MLS® W13590516
About this home
A fully turn-key property in one of Toronto's most sought-after neighbourhoods, with excellent rental income potentially already in place. This detached 2-storey gem offers an opportunity to generate both income and appreciation value, rarely seen in The Kingsway. Fantastic buy-and-hold potential OR with the option to make it your forever home. The residence has been recently renovated down to the studs with both attention to detail and premium finishes throughout. For investors, it's a low-maintenance hold in a low-vacancy, high-demand area. For end users, it's a chance to secure a home in The Kingsway now, at today's price, and let a tenant carry the costs until you're ready to move in or take advantage of potentially significant appreciation. Resort-style backyard with hot tub, pizza oven, and built-in BBQ, it's an entertainers dream. Tesla EV charger, tankless water heater, B/I Sonos speakers, and Philips Hue lighting. Located in Kingsway South, one of Toronto's most established west-end pockets, known for tree-lined streets, top-rated schools, and tight, low-turnover housing supply. Minutes to the subway, Bloor West Village, and The Kingsway's shops and restaurants.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13590516
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 54.4 × 136.1 ft
- Cross streets
- Montgomery Rd & Dundas St W
- Parking
- 1 garage · 5 parking (carport)
- Driveway
- Private
- Basement
- Finished
- Heating
- Water
- A/C
- Central Air, Other
- Exterior
- Brick, Aluminum Siding
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $7,352 / 2025
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
marble counter · centre island · stainless steel appl
tile floor · closet · pot lights
hardwood floor · skylight · window
wet bar · w/o to yard
6 pc ensuite · walk-in closet(s) · w/o to balcony
wet bar · pot lights · window
window · hardwood floor
window · tile floor · picture window
closet · window · b/i closet
Listed at $1,999,999, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
In Kingsway South lately, sellers have been getting about 100% of asking and homes sell in about 20 days.
Based on 90 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 90 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.59M, lower than the comparables and worth a second look.
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 $3.08M
- Bedrooms −$30K
- Bathrooms −$30K
- Adjusts to $3.02M
That comparable adjusts to $3.02M; the $2.31M estimate above is the median of all 90 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.
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bus stop is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $2.31M, median of 90 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 25% below the area average of $1,182/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kingsway South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Bus stop, about 124 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.
Mortgage amount $1,599,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $613
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,151
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,475
- Toronto municipal land transfer tax
- $36,475
- Estimated closing costs
- $72,950
Plus your down payment of $400,000. 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
- $512,291
- Principal paid down
- $203,760
- Interest paid
- $308,531
- Balance remaining
- $1,396,239
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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.