62 Keegan Crescent, Toronto, ON

York University Heights, Toronto · MLS® W13634610

$1,395,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage · 5 parking
1500-2000Sq ft

About this home

In short

  • Beautifully renovated 3-bedroom all-brick bungalow offering exceptional flexibility, income potential and outstanding indoor & outdoor living in sought-after York...
  • 57x106 ft. lot, this home features a separate side entrance to the basement, making it ideal for an in-law suite or potential rental.
  • Enjoy peaceful mornings and relaxing evenings on the inviting covered front porch, or unwind in your own private backyard retreat.
  • An enclosed sunroom w/ skylight extends your living space, while mature cedar hedges, fruit trees, decorative stone landscaping, an interlock side walkway & a storage...
  • The finished basement offers exceptional versatility w/ a spacious family-sized eat-in kitchen, living and dining area, rec room, laundry, 4-pc bathroom and abundant...

Beautifully renovated 3-bedroom all-brick bungalow offering exceptional flexibility, income potential and outstanding indoor & outdoor living in sought-after York University Heights. Situated on an approx. 57x106 ft. lot, this home features a separate side entrance to the basement, making it ideal for an in-law suite or potential rental. Main floor is roughed-in for a second laundry w/ water, venting & electrical already in place for added future flexibility. Main floor features a large living room, small office nook, a spacious 5-pc main bathroom, & a family-sized eat-in kitchen w/ stainless steel appliances, quartz countertops & matching quartz backsplash. Enjoy peaceful mornings and relaxing evenings on the inviting covered front porch, or unwind in your own private backyard retreat. The fully fenced yard features an expansive wood deck w/ a covered gazebo, perfect for outdoor dining, relaxing & entertaining. An enclosed sunroom w/ skylight extends your living space, while mature cedar hedges, fruit trees, decorative stone landscaping, an interlock side walkway & a storage shed create a peaceful outdoor oasis. The finished basement offers exceptional versatility w/ a spacious family-sized eat-in kitchen, living and dining area, rec room, laundry, 4-pc bathroom and abundant storage, making it an ideal space for extended family, guests or future income potential. Ideally located near York University, Downsview Park GO Station, TTC transit, shopping and everyday amenities, w/ convenient access to HWYs 400, 401 & 407. Families will appreciate the excellent selection of nearby public, Catholic and private schools, including French Immersion programs. Enjoy numerous nearby parks w/ playgrounds, sports fields, tennis courts, skating, pools & dog parks. Property is being sold substantially furnished, indoors & out, including all brand-new appliances, furniture, furnishings, décor, household contents, BBQ, allowing the next owner to move in and enjoy from day one.

Key facts

Property type
Detached, Bungalow
MLS®
W13634610
Bedrooms
3
Bathrooms
2
Size
1500-2000 sq ft
Lot
57.06 × 106.02 ft
Cross streets
Keele St and Grandravine Dr
Parking
2 garage · 5 parking (built-in)
Driveway
Private
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,052 / 2025
Days on market
35
Listing brokerage
RE/MAX PREMIER INC.

Rooms

BreakfastGround2.87 × 2.87 m

vinyl floor · pot lights

Family RoomBasement4.44 × 3.68 m

vinyl floor · pot lights · open concept

Bedroom 3Ground3.56 × 2.74 m

vinyl floor · pot lights · closet

Living RoomGround5.46 × 3.94 m

vinyl floor · crown moulding · pot lights

BreakfastBasement2.74 × 2.29 m

vinyl floor · pot lights

KitchenGround2.87 × 2.87 m

vinyl floor · family size kitchen · pot lights

KitchenBasement3.17 × 2.74 m

vinyl floor · renovated · family size kitchen

Primary BedroomGround3.94 × 3.56 m

vinyl floor · pot lights · closet

FoyerGround1.70 × 1.62 m

vinyl floor · double doors

SunroomGround4.94 × 4.62 m

tile floor · overlooks backyard · skylight

Cold Room/CantinaBasement7.36 × 1.24 m

Concrete Floor

OfficeGround3.55 × 2.67 m

vinyl floor · crown moulding · pot lights

Dining RoomBasement4.06 × 2.74 m

vinyl floor · pot lights · open concept

RecreationBasement7.11 × 3.30 m

vinyl floor · pot lights · fireplace

Bedroom 2Ground3.63 × 2.92 m

vinyl floor · pot lights · closet

Our TakeTeam Asgarian · Broker
In line
$1.50Mest. value

Listed at $1,395,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.50M, typically $1.29M to $1.55M. Comparable listings on their own put this home around $1.75M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.

Second read, from the city assessment: $1.11M. That is about 36% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

One thing to square: this home asks more than the ones for sale nearby, yet my estimate still puts it below adjusted comparables. That usually means the nearby listings are smaller or simpler homes, so the sticker comparison undersells what this one is.

List price
$1.29MBelow asking range$1.55MAbove asking range

Total price vs nearby homes. Fair value about $1.50M, median of 9 comparables.

The market behind the math:

12sold nearby · 90 days
$1.06Mmedian sold price
96%of asking, on average
−10%prices vs a year ago
~32 dayshomes like this take to sell
35days on market so far
$3,147/moest. rent · 6 leases
2.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 5 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $797/sqft against an area asking average of $713/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In York University Heights basements rarely rent out (3 of 17 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

I take the 9 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.11M, lower than the comparables and worth a second look.

What the listing highlights4 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • 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 Lamberton Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in York University Heights, so I widened the search to the surrounding area.

Based on 9 comparable homes nearby.

Neighbourhood & location

York University Heights, 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.

Newtonbrook West
$2.01M
Bedford Park-Nortown
$3.50M
Princess-Rosethorn
$2.10M
Mount Pleasant East
$2.42M
Bridle Path-Sunnybrook-York Mills
$4.90M

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 Lamberton Public School
63%
Lamberton Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 63% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Topcliff Public School · Public elementary0.4 km · 34% at standard
Yorkwoods Public School · Public elementary0.6 km · 16% at standard
Oakdale Park Middle School · Public elementary0.7 km · 55% at standard
St Francis de Sales Catholic School · Catholic elementary1.0 km · 38% at standard
St. Margherita of Cittá di Castello Catholic School · Catholic elementary1.1 km · 75% at standard
Firgrove Public School · Public elementary1.1 km · 55% at standard
Stilecroft Public School · Public elementary1.1 km · 60% at standard
Derrydown Public School · Public elementary1.2 km · 34% at standard
Driftwood Public School · Public elementary1.3 km · 42% at standard
St Jane Frances Catholic School · Catholic elementary1.3 km · 47% at standard
St Martha Catholic School · Catholic elementary1.4 km · 58% at standard
St Charles Garnier Catholic School · Catholic elementary1.4 km · 63% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,358/mo
$258KIncome needed
5.4×Price ÷ income
$1,467Weekly cost
$48,750Land transfer tax, one-time (Ontario + Toronto)
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 $6,358Property tax $421Total carry $6,779

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,016per month

Mortgage amount $1,116,000 · 4.24% over 25 years

$279,000Down payment (20.0%)
$1,116,000Loan before insurance
$0CMHC premium
$6,437Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,016
Property tax
$421
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,437

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

One-time closing costs

Ontario land transfer tax
$24,375
Toronto municipal land transfer tax
$24,375
Estimated closing costs
$48,750

Plus your down payment of $279,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,300/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

$688,944Total interest paid
$1,804,944Total of all payments
Principal $1,116,000 Interest $688,944
YearPrincipalInterestBalance
1$25,785$46,413$1,090,215
2$26,890$45,308$1,063,325
3$28,042$44,156$1,035,283
4$29,244$42,954$1,006,039
5$30,497$41,701$975,543
6$31,803$40,394$943,739
7$33,166$39,032$910,573
8$34,587$37,610$875,986
9$36,069$36,128$839,916
10$37,615$34,583$802,301
11$39,227$32,971$763,074
12$40,908$31,290$722,167
13$42,661$29,537$679,506
14$44,488$27,709$635,018
15$46,395$25,803$588,623
16$48,383$23,815$540,240
17$50,456$21,742$489,784
18$52,618$19,580$437,166
19$54,873$17,325$382,294
20$57,224$14,974$325,070
21$59,676$12,522$265,394
22$62,233$9,965$203,161
23$64,900$7,298$138,261
24$67,681$4,517$70,581
25$70,581$1,617$0

At the end of your 5-year term

Total paid over the term
$360,989
Principal paid down
$140,457
Interest paid
$220,532
Balance remaining
$975,543

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
From 6 whole-home leases in York University Heights$3,147/mo
$37,764Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,564 to $3,771Typical rent range

About the suite: in York University Heights basements rarely rent out (3 of 17 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in York University Heights signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,147. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.7%
Gross yield
− Property tax $5,052− Insurance $1,400− Vacancy & upkeep $4,154Net operating income $27,158

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

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