29 Brookmere Road, Toronto, ON

Rexdale-Kipling, Toronto · MLS® W13590686

$699,000
For Sale
Just listed today
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4Bedrooms
2Bathrooms
4Parking
1100-1500Sq Ft
8 schools20+ transit stops11 parks20+ restaurantswithin 1.5 km

About this home

Welcome To This Beautifully Updated Semi-Detached Home Located In One Of Etobicoke's Most Desirable And Convenient Neighbourhoods. Featuring 3+1 Bedrooms And Numerous Upgrades Throughout, This Freshly Painted Home Offers Exceptional Value For First-Time Buyers, Investors, And Growing Families Alike. The Modern Interior Showcases Updated Flooring, Fresh Paint, Spacious Living Areas, And A Stunning Kitchen With Quartz Countertops, Stainless Steel Stove, Fridge, Range Hood, And Sleek Cabinetry. Generously Sized Bedrooms Provide Comfort For The Whole Family. The Finished Basement Features A Separate Entrance, An Additional Bedroom, And A Full Bathroom, Offering Excellent Potential For Extended Family Living Or Future Rental Income. Recent Major Updates Include A Furnace (2025) And A/C (2025), Providing Peace Of Mind For Years To Come. Conveniently Located Near TTC Transit, Humber College, Major Highways, Shopping Plazas, Schools, Parks, And All Essential Amenities. A Fantastic Opportunity To Own A Move-In-Ready Home In A Highly Sought-After Location. Don't Miss This Incredible Opportunity!

Key facts

Property type
Semi-Detached, Backsplit 3
MLS®
W13590686
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
34 × 100 ft
Cross streets
Brookmere/ Kipling
Parking
4 parking
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$3,243 / 2025
Listing brokerage
HOMELIFE SILVERCITY REALTY INC.

Rooms

Primary BedroomSecond3.97 × 3.64 m

Vinyl Floor

RecreationBasement6.99 × 4.59 m

Vinyl Floor

BedroomUpper3.35 × 3.35 m

Vinyl Floor

BedroomSecond3.38 × 2.96 m

Vinyl Floor

Living RoomUpper4.82 × 3.66 m

Vinyl Floor

KitchenMain5.31 × 2.25 m

Ceramic Floor

BreakfastMain4.27 × 3.20 m

Vinyl Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$817Kest. value

Listed at $699,000, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Rexdale-Kipling lately, sellers have been getting about 99% of asking and homes sell in about 37 days. Prices are down 13% versus a year ago.

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

Based on 46 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 46 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $768K, 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, sold for $730K
  • Adjusts to $730K

That comparable adjusts to $730K; the $817K estimate above is the median of all 46 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.

The assigned public school is Thistletown 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 more car-dependent spot, so buyers here typically drive. Kipling Avenue at Brookmere Road is about a 1-minute walk away. Worth weighing if transit access matters to you.

List price
$699KGreat deal$875KOverpriced

Total price vs nearby homes. Fair value about $817K, median of 46 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.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$843kavg asking

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

39 Kilmarnock Avenue$699k21 Buckland Road$800k32 Firenza Drive$889k71 Gambello Crescent$900k108 Caledonia Road$929k

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home699k800k889k900k929kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $998K
$538this home / sqft
68active listings nearby
12sold nearby · 90 days
$735Kmedian sold price
99%of asking, on average
13%vs a year ago

This home lists 31% below the area average of $783/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rexdale-Kipling, 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

18/ 100

Car-DependentA 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.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: Kipling Avenue at Brookmere Road, about 33 m away

20+ transit stops7 grocery20+ dining11 parks7 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.

Glenfield-Jane Heights
$893K
York University Heights
$906K
Junction Area
$999K
Corso Italia-Davenport
$912K
Dovercourt-Wallace Emerson-Junction
$900K

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 Thistletown Collegiate Institute
56%
Thistletown Collegiate InstitutePublic · Secondary · 0.9 km awayBelow the GTA average · 56% meet the provincial standard
Rivercrest Junior SchoolEQAO results not published
West Humber Junior Middle SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,186/mo
$133KIncome needed
5.2×Price ÷ income
$735Weekly 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.

92%mortgage
Mortgage $3,186Property tax $270Total carry $3,456

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,254Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$270
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,254

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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
2.8%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.9%
Gross yield
− Property tax $3,243− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,921

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

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