987 Saint Clarens Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13602960

$1,325,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
2Parking
1100-1500Sq Ft

About this home

Just Steps From St. Clair West, This Updated Three-Bedroom Corso Italia Gem Showcases Thoughtfully Considered Contemporary Design & Effortless Functionality Over Two Well-Appointed Floors. The Charming Living Room Is Perched Over A Tranquil Front Porch Offering An Abundance Of Natural Light. The Spacious Dining Room Promotes Social Circulation And Is Exceptional For Entertaining. The Contemporary Kitchen Offers Ample Preparation Space & Storage. The Convenient Rear Mud Room Seamlessly Integrates Into The Rear Gardens. The Upper Level Features Three Bedrooms, Perfect For Growing Families & Guests As Well As A Four-Piece Spa-Like Washroom. The Primary Bedroom Retreat Overlooks Saint Clarens Avenue & Includes A Large Wall To Wall Closet System. The Rear Bedroom Includes A Walkout To An Exceptional Terrace, Which Provides Jaw Dropping East Views Of The Neighborhood. The Spacious Lower Level Features A Large Recreational Room, Laundry & A Three-Piece Bathroom With Large Tub. The Spacious Backyard Provides An Exceptional Private Urban Oasis - Perfect For Families And Includes Easy Access To Full-Width Two Car Parking Area.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13602960
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
18.25 × 132.83 ft
Cross streets
St. Clair Avenue West & Dufferin Street
Parking
2 parking
Driveway
Lane
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,750 / 2026
Listing brokerage
RE/MAX HALLMARK BIBBY GROUP REALTY
Our TakeTeam Asgarian · Broker
Above comparables
$1.07Mest. value

Listed at $1,325,000, and my independent estimate is about 24% above what comparable homes suggest.

In Corso Italia-Davenport lately, sellers get about 104% of asking; homes sell in ~22 days.

List price
$945KGreat deal$1.32MOverpriced

Total price vs nearby homes. Fair value about $1.07M, median of 70 comparables.

How this estimate is builtthe short version

I take the 70 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.01M, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Regal Road Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 70 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Corso Italia-Davenport · asking prices
$1.03Mavg asking

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

37 Gilbert Avenue$1.18M45 Rutland Street$1.27M122 Ascot Avenue$888k54 St Clair Gardens$800k

The 4 closest active listings nearby.

See all comparable homes
1.32MThis home1.18M1.27M888k800kThis home vs active comparables
Live market pulseActive comparables in Corso Italia-Davenport · median list $929K
$1,019this home / sqft
7active listings nearby
100sold nearby · 90 days
$1.16Mmedian sold price
104%of asking, on average
View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Corso Italia-Davenport, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$900K
Junction Area
$999K
Mount Pleasant East
$1.28M
Mimico
$900K
South Riverdale
$1.22M

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 Regal Road Junior Public School
73%
Regal Road Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 73% meet the provincial standard
Winona Drive Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,039/mo
$245KIncome needed
5.4×Price ÷ income
$1,394Weekly 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.

94%mortgage
Mortgage $6,039Property tax $396Total carry $6,435

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,657per month

Mortgage amount $1,060,000 · 4.14% over 25 years

$265,000Down payment (20.0%)
$1,060,000Loan before insurance
$0CMHC premium
$6,052Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,657
Property tax
$396
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,052

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

One-time closing costs

Ontario land transfer tax
$22,975
Toronto municipal land transfer tax
$22,975
Estimated closing costs
$45,950

Plus your down payment of $265,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,870/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

$636,966Total interest paid
$1,696,966Total of all payments
Principal $1,060,000 Interest $636,966
YearPrincipalInterestBalance
1$24,832$43,046$1,035,168
2$25,871$42,008$1,009,297
3$26,953$40,926$982,344
4$28,080$39,798$954,264
5$29,255$38,624$925,009
6$30,479$37,400$894,530
7$31,753$36,125$862,777
8$33,082$34,797$829,695
9$34,465$33,413$795,229
10$35,907$31,972$759,322
11$37,409$30,470$721,913
12$38,974$28,905$682,940
13$40,604$27,275$642,336
14$42,302$25,576$600,033
15$44,072$23,807$555,961
16$45,915$21,963$510,046
17$47,836$20,043$462,210
18$49,837$18,042$412,373
19$51,921$15,957$360,452
20$54,093$13,785$306,359
21$56,356$11,523$250,003
22$58,713$9,166$191,290
23$61,169$6,710$130,121
24$63,728$4,151$66,393
25$66,393$1,485$0

At the end of your 5-year term

Total paid over the term
$339,393
Principal paid down
$134,991
Interest paid
$204,402
Balance remaining
$925,009

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
1.4%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.

2.1%
Gross yield
− Property tax $4,750− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,414

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

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