982 Briar Hill Avenue, Toronto, ON
Briar Hill-Belgravia, Toronto · MLS® W13705610
About this home
In short
- Welcome to this charming 2+1 bedroom bungalow in Toronto's family friendly Briar Hill-Belgravia neighbourhood, great for first time buyers, downsizers, or investors...
- Set on a generous 32.5ft x 120ft lot with private driveway, offering rare combination of comfortable everyday living, room to grow, & exciting future possibilities in...
- A 4-pc bath includes a window & ample counterspace for your daily routine.
- The basement extends the home's functionality w/additional bedroom, a utility room big enough to be a flex/bonus room ideal for storage, home office, hobby room, or...
- Commuters will appreciate easy access to Hwy 401 across Toronto & the GTA, as well as nearby Glencairn subway station.
Welcome to this charming 2+1 bedroom bungalow in Toronto's family friendly Briar Hill-Belgravia neighbourhood, great for first time buyers, downsizers, or investors seeking a property w/space, convenience & potential. Set on a generous 32.5ft x 120ft lot with private driveway, offering rare combination of comfortable everyday living, room to grow, & exciting future possibilities in an established community. The main floor features a bright living room w/large picture window filling the space w/natural light, along w/a working wood fireplace. The combined Dining area is a cozy and inviting setting for meals & entertaining. The kitchen is practical, featuring a window above the sink, plenty of cupboard space for pantry essentials, cookware & storage. The primary bedroom is conveniently located on the main floor, while both the primary & second bedroom offer large windows, closets & carpeting for added comfort. A 4-pc bath includes a window & ample counterspace for your daily routine. The basement extends the home's functionality w/additional bedroom, a utility room big enough to be a flex/bonus room ideal for storage, home office, hobby room, or other creative uses, plus a 3 piece bathroom w/two entrances - one from the bedroom & one from the hallway. Laundry is also located in the basement for practical everyday use. Enjoy the home's HUGE fenced-in backyard with lots of trees and foliage. Close proximity to several parks including Viewmount Park w/Tennis Club, Ben Nobleman Park, & Walter Saunders Memorial Park w/York Beltline Trail just a few blocks south. Sobeys is nearby for grocery shopping, while the shops, restaurants, and more along Dufferin St & Eglinton Ave W provide excellent everyday convenience. Commuters will appreciate easy access to Hwy 401 across Toronto & the GTA, as well as nearby Glencairn subway station. Offering a great lot, a functional layout, a welcoming neighbourhood & plenty of potential to make it your own, this is an exciting opportunity!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13705610
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 32.5 × 120 ft
- Cross streets
- N of Eglinton Ave W; E of Dufferin St
- Parking
- 3 parking
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,989 / 2025
- Days on market
- 15
- Listing brokerage
- CRESCENT REAL ESTATE INC.
Rooms
window · closet · broadloom
window · closet · broadloom
window · combined w/living · hardwood floor
picture window · fireplace · hardwood floor
window · concrete floor
Tile Floor
4 pc bath · window · tile floor
window · tile floor
window · 3 pc ensuite · broadloom
Listed at $1,200,000. My estimate lands at $870K, so the ask sits about 38% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Second read, from the city assessment: $918K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $870K, median of 54 comparables.
The market behind the math:
About 1.4 months of inventory: 5 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,333/sqft against an area asking average of $1,558/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 54 most comparable recent sales 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 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 $918K, a close match.
Schools & getting aroundcatchment and transit
Its public catchment (J R Wilcox Community School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,333/sqft) is below the area, so you are paying for extra space rather than a premium.
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 54 comparable homes that sold in Briar Hill-Belgravia over the past two years, from 90 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $870K, which is where my estimate comes from.
Per square foot, these ask about $984/sqft; this home lists at $1,333/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Briar Hill-Belgravia, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.
Mortgage amount $960,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,175
- Property tax
- $332
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,508
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,475
- Toronto municipal land transfer tax
- $20,475
- Estimated closing costs
- $40,950
Plus your down payment of $240,000. 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
- $310,528
- Principal paid down
- $120,823
- Interest paid
- $189,705
- Balance remaining
- $839,177
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 numbersThe last 25 whole-home leases in Briar Hill-Belgravia signed at a median of $2,743 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,621. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CRESCENT REAL ESTATE INC.. MLS®/PropTx.