Hysel Road
750 m Away2017
Sign In To See The Price40 Montana Avenue, Toronto, ON
Downsview-Roding-CFB, Toronto · MLS® W13674436
$1,098,000
For SaleListed 89 Days AgoSitting longer than typical
3+1BedroomsBeds
2BathroomsBaths
2Garage · 12 Parking
12Parking
700-1100Sq ft
Listed By Jdl Realty Inc.
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Key Facts
- Property type
- Detached, Bungalow
- Lot
- 50 × 150 ft
- Basement
- Finished, Apartment, Full, Separate Entrance
- Parking
- 2 garage · 12 parking (detached)
- Property tax
- $4,719 / 2026
- Offer date
- None stated
- Cross streets
- Jane St & Wilson Ave
- Days on market
- 89
All Facts And 6 Rooms, Floor By Floor
- Property type
- Detached, Bungalow
- MLS®
- W13674436
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 50 × 150 ft
- Cross streets
- Jane St & Wilson Ave
- Parking
- 2 garage · 12 parking (detached)
- Driveway
- Private
- Basement
- Finished, Apartment, Full, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete Block
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,719 / 2026
- Days on market
- 89
- Offer date
- None stated
- Listing brokerage
- Jdl Realty Inc.
Bedroom 3Main3.35 × 3.55 m
hardwood floor · window
Bedroom 2Main2.80 × 3.00 m
hardwood floor · window
KitchenMain2.50 × 2.90 m
ceramic backsplash · ceramic floor · window
Living RoomMain4.50 × 3.00 m
large window · w/o to porch · broadloom
Dining RoomMain2.80 × 3.00 m
w/o to porch · ceramic floor · window
Primary BedroomMain3.65 × 2.90 m
hardwood floor · window
About This Home
From The Listing Description By Jdl Realty Inc.
In short
- Welcome to 40 Montana Ave.
- Solid-brick 3-bedroom, 2-bathroom bungalow situated on a 50' x 150' pool-sized lot in a highly desirable, family-oriented North York neighborhood.
- Enjoy an oversized detached 2-car garage plus a private driveway with parking for up to 10 vehicles.
- Recent updates include:Freshly painted living room, dining room, kitchen, hallway & 3 bedrooms, Newer roof (2022)Newer broadloom in living room & hallway (2024)...
- Just minutes to York University, Highways 400 & 401, parks, schools, grocery stores, restaurants, medical clinics and recreation facilities.
Read The Full Description
Welcome to 40 Montana Ave. Solid-brick 3-bedroom, 2-bathroom bungalow situated on a 50' x 150' pool-sized lot in a highly desirable, family-oriented North York neighborhood.Enjoy an oversized detached 2-car garage plus a private driveway with parking for up to 10 vehicles. The private side entrance provides easy access to the basement, featuring a bedroom, family room, kitchen, bathroom and laundry. The spacious family room could easily be converted to create 2 additional bedrooms. Large cold-storage/cantina conveniently located beneath the front porch.Recent updates include:Freshly painted living room, dining room, kitchen, hallway & 3 bedrooms, Newer roof (2022)Newer broadloom in living room & hallway (2024) Excellent Location! Walk to TTC bus service and enjoy easy access to Jane St. and Wilson Ave. bus routes connecting to Wilson and Pioneer Village subway stations. Just minutes to York University, Highways 400 & 401, parks, schools, grocery stores, restaurants, medical clinics and recreation facilities. Sheridan Mall is approximately 5 minutes by car or 15 minutes on foot.A fantastic opportunity for families, investors, or buyers looking for a solid home on a premium-sized lot with excellent parking and convenient access to everything you need.
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A discount is likely
$1.03Mlikely sale price
Listed at $1,098,000. Going by how homes in Downsview-Roding-CFB and across Toronto have actually closed against their asking prices (about 97%, blended from 25 local closings in 90 days), the likely sale price is near $1.03M, if it sells. It has been listed 89 days, and homes on the market that long have closed lower against their asking prices, which this figure allows for. A realistic range is $949K to $1.09M.
Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It
Longer on the market than typical. 89 days on the market against about 27 for homes like it here, and asking 11% above where comparable closings put it.
List price
$949KBelow recent closings$1.10MAbove recent closings
Total price vs nearby homes. Likely closing about $1.03M, from 25 recent closings in this pocket.
The market behind the math, in Downsview-Roding-CFB
25sold nearby · 90 days
$920Kmedian detached sold · 90 days
98%of asking, local average
~20 dayshomes like this take to sell
89days on market so far
$3,111/moest. rent · 7 leases
3.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market
About 1.4 months of inventory: 12 detached homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.
This home
Below area avgAbove area avg
Price per square foot: this home lists at $1,220/sqft against an area asking average of $870/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Downsview-Roding-CFB: 44 of the 123 detached leases here lately were basement units, around $1,850 a month. That points to potential income. 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
The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Pierre Laporte Middle 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 25 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for detached homes in Downsview-Roding-CFB: $920K in October 2026, down 7% from a year ago, on 92 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $1.05M | 9 |
| December 2025 | $1.00M | 7 |
| February 2026 | $1.00M | 5 |
| March 2026 | $954K | 5 |
| April 2026 | $1.03M | 10 |
| May 2026 | $945K | 14 |
| June 2026 | $965K | 9 |
| July 2026 | $960K | 7 |
| August 2026 | $935K | 6 |
| September 2026 | $945K | 9 |
| October 2026 | $920K | 11 |
Own A Home Nearby?
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 5 km of Montana Avenue. Signed-in members see each price, verified against board records.
Teston Boulevard
4.5 km Away2021
Sign In To See The Price
Replin Road
4.8 km Away2020
Sign In To See The Price
Wilson Avenue
4.7 km Away2018
Sign In To See The PriceOther Homes For Sale In Downsview-Roding-CFB
For sale in Downsview-Roding-CFB now · asking prices
How This Price Compares
$1.09Mavg asking
Every home like this one for sale in Downsview-Roding-CFB right now. These are asking prices, not sales.
4 Dunreo Drive $807/sqft$1.05M81 Nash Drive $1,154/sqft$1.04M77 Nash Drive $1,287/sqft$1.16M4 Rosalie Avenue $589/sqft$1.03M85 Letchworth Crescent $900/sqft$1.17M
Per square foot, these ask about $947/sqft; this home lists at $1,220/sqft.
The 5 closest in price of 25 for sale in Downsview-Roding-CFB.
See all comparable homesNeighbourhood & Location
Downsview-Roding-CFB, Toronto, ON
Commute
Time from this home to where you spend your dayEnter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →
Schools & Catchment
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.
71%
Also nearby: 12 more schools within 2.5 km
Highview Public School · Public elementary0.4 km · 51% at standard
Tumpane Public School · Public elementary0.7 km · 55% at standard
Maple Leaf Public School · Public elementary1.1 km · 42% at standard
Chaminade College School · Catholic secondary1.3 km · 66% at standard
Chalkfarm Public School · Public elementary1.3 km · 38% at standard
St Conrad Catholic School · Catholic elementary1.3 km · 72% at standard
St Fidelis Catholic School · Catholic elementary1.4 km · 66% at standard
St Raphael Catholic School · Catholic elementary1.4 km · 76% at standard
Beverley Heights Middle School · Public elementary1.4 km · 53% at standard
Gracefield Public School · Public elementary1.5 km · 29% at standard
Amesbury Middle School · Public elementary1.5 km · 42% at standard
Pelmo Park Public School · Public elementary1.6 km · 43% at standard
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Estimated Mortgage
$5,004/mo
$206KIncome needed
5.3×Price ÷ income
$1,155Weekly cost
$36,870Land transfer tax, one-time (Ontario + Toronto)
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.
Mortgage is 93% of the monthly costMortgage $5,004Property tax $393Total carry $5,398
Calculate And Customize Your Mortgage
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%
$
%
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 11, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$4,906per month
Mortgage amount $878,400 · 4.59% over 25 years
$219,600Down payment (20.0%)
$878,400Loan before insurance
$0CMHC premium
$5,299Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,906
- Property tax
- $393
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,299
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,435
- Toronto municipal land transfer tax
- $18,435
- Estimated closing costs
- $36,870
Plus your down payment of $219,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$5,932/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
$593,326Total interest paid
$1,471,726Total of all payments
Principal $878,400 Interest $593,326
YearPrincipalInterestBalance
1$19,330$39,539$859,070
2$20,228$38,641$838,842
3$21,167$37,702$817,675
4$22,149$36,720$795,526
5$23,178$35,691$772,348
6$24,254$34,615$748,094
7$25,380$33,489$722,714
8$26,558$32,311$696,156
9$27,791$31,078$668,365
10$29,081$29,788$639,284
11$30,432$28,437$608,852
12$31,844$27,025$577,007
13$33,323$25,546$543,685
14$34,870$23,999$508,815
15$36,489$22,380$472,326
16$38,183$20,686$434,143
17$39,956$18,913$394,187
18$41,811$17,058$352,377
19$43,752$15,117$308,625
20$45,783$13,086$262,842
21$47,909$10,960$214,933
22$50,133$8,736$164,801
23$52,460$6,409$112,340
24$54,896$3,973$57,444
25$57,444$1,425$0
At the end of your 5-year term
- Total paid over the term
- $294,345
- Principal paid down
- $106,052
- Interest paid
- $188,293
- Balance remaining
- $772,348
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.
Questions About 40 Montana Avenue
What is the asking price for 40 Montana Avenue?
It is listed at $1,098,000.
How many bedrooms and bathrooms does 40 Montana Avenue have?
3+1 bedrooms, and 2 bathrooms.
How big is 40 Montana Avenue?
The listing gives 700-1100 sq ft of living space, on a 50 × 150 ft lot.
Does 40 Montana Avenue have parking?
2 garage spaces, 12 parking spaces in all.
What are the property taxes on 40 Montana Avenue?
$4,719 a year, for 2026.
Is there an offer date for 40 Montana Avenue?
The listing does not state an offer date.
Which schools is 40 Montana Avenue zoned for?
By the school boards' attendance boundaries: Pierre Laporte Middle School, Downsview Secondary School and St. Andre. Boundaries change, so confirm with the board before relying on it.
When was 40 Montana Avenue listed?
It came on the market on August 14, 2026.
Who is the listing brokerage for 40 Montana Avenue?
Jdl Realty Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 40 Montana Avenue?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Jdl Realty Inc. MLS®/PropTx.