39 Ruby Lang Lane, Toronto, ON
Mimico, Toronto · MLS® W13673314
About this home
Rarely offered floor plan in a highly sought-after freehold townhome complex with back deck privacy. Arguably the most ideally situated unit in the complex. Meticulously maintained 3-bedroom, 3-bath home with tandem 2-car garage parking and ground-floor flex space for a home office, gym, playroom, or 4th bedroom. Open concept living and dining with built-in speakers in the soaring main floor ceiling and a walk-out to a serene private deck with views of mature trees. Kitchen built for entertaining with raised breakfast bar and central island. Upstairs, retreat to a private primary suite complete with a walk-in closet and private ensuite bath, while separate from generously sized secondary bedrooms, the main bathroom, and convenient laundry room below. This little oasis isn't far from all the conveniences of city living, with quick highway access and major shopping amenities, including Costco, Healthy Planet, and Sherway Gardens. An easy 20-minute drive to downtown, or let someone else do the driving and hop on the Mimico GO. But the best part? 0% guilt, 100% proximity: Enjoy an easy stroll to the famous San Remo Bakery and a built-in calorie burn on your walk back. *POTL fee includes water
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- W13673314
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 14.01 × 59.38 ft
- Cross streets
- Islington & Evans
- Parking
- 2 garage (built-in)
- Driveway
- Private
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $5,793 / 2026
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Listed at $1,188,000, and my independent estimate is right in line with comparable homes.
In Mimico lately, sellers get about 100% of asking; homes sell in ~19 days · prices up 1% YoY.
Total price vs nearby homes. Fair value about $1.16M, median of 60 comparables.
How this estimate is builtthe short version
I take the 60 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 $1.28M, a bit higher.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- 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 George R Gauld Junior 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 60 comparable homes that recently sold nearby.
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 6% above the area average of $642/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.
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 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.
Mortgage amount $950,400 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,098
- Property tax
- $483
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,580
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,235
- Toronto municipal land transfer tax
- $20,235
- Estimated closing costs
- $40,470
Plus your down payment of $237,600. 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
- $305,860
- Principal paid down
- $120,323
- Interest paid
- $185,537
- Balance remaining
- $830,077
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.