159 Hillside Avenue, Toronto, ON
Mimico, Toronto · MLS® W13593970
About this home
159 Hillside has a way of calling you home. Perched among the mature trees on one of Mimico's favourite streets, this raised bungalow (with tall basement) sits quietly above it all, the kind of home you don't find so much as arrive at (with your jaw wide open). 2+1 beds, 2 full baths, 2 kitchens, and a ton of warmth and character. Enter through a full-sized mudroom - boots, stroller, life - all taken care of before you step into the open-concept great room. The eat-in kitchen with peninsula and generous living space flow together the way a home should, easy and unhurried. Both bedrooms are a great size with serious storage ability. The bathroom has the size, function, and just the right amount of Kinfolk-cabin-kitsch to make you forget the city exists. Follow the back foyer - desk space, playroom, or simply a moment to breathe - and step out to a massive deck overlooking an even more massive private yard. The kind of yard that makes your friends jealous. Now descend into something that surprises. Large, bright shared laundry and ceilings that just keep going - nearly 8 feet, with ample soundproofing. This one's for you, Mr. Big, who keeps vetoing every house because you can't stand in the basement. Stand here. Comfortably. AND NOW FOR THE MAIN EVENT ... behind the laundry door: a lower-level kitchen, bath, and bedroom finished just as well as upstairs, with a separate side entrance for sneaky late-night pizza deliveries - no questions asked. Walk to Mimico GO and TTC, parks, shops restaurants and the famous lake front trails. Hillside has it all.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- W13593970
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 25 × 125 ft
- Cross streets
- Royal York Rd & Hillside Ave
- Parking
- 2 parking
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,236 / 2026
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Listed at $945,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Mimico lately, sellers have been getting about 99% of asking and homes sell in about 23 days.
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 81 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 81 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $952K, a bit higher. 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, sold for $965K
- Bedrooms +$30K
- Adjusts to $995K
That comparable adjusts to $995K; the $855K estimate above is the median of all 81 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 John English Junior Middle 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Hillside Avenue is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $855K, median of 81 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 4% below the area average of $1,097/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, 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 OpenStreetMap contributors.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Hillside Avenue, about 230 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 22, 2026); conventional rates run a little higher.
Mortgage amount $756,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,034
- Property tax
- $353
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,387
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,375
- Toronto municipal land transfer tax
- $15,375
- Estimated closing costs
- $30,750
Plus your down payment of $189,000. 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
- $242,058
- Principal paid down
- $96,277
- Interest paid
- $145,781
- Balance remaining
- $659,723
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
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 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 RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.