131 West Deane Park Drive, Toronto, ON
Eringate-Centennial-West Deane, Toronto · MLS® W13717484
About this home
In short
- Rare OpportunityTo Own A Beautiful Bungalow In The Heart Of Family Friendly West Deane Neighborhood.
- Separate Entrance & Bath & Kitchenette In Basement.
- Walk Out From Dining Room To Covered Veranda To Private Yard.
- Easy Access To Parks, Trails, Excellent Schools, Centennial Olympic Pool, TTC At Your Door Step, Minutes To Hwy 427, 401, Q.E.W., Pearson Airport, Future Eglinton...
- EXISTING BUILDING PERMIT - 3,000 SQ FT.
Location! Location! Location! Rare OpportunityTo Own A Beautiful Bungalow In The Heart Of Family Friendly West Deane Neighborhood. Separate Entrance & Bath & Kitchenette In Basement. 2 Fireplaces. Walk Out From Dining Room To Covered Veranda To Private Yard. Quiet Suburban Country Feel, Beautiful Established Lot. Treed Community. This Home Offers The Best Of Both Worlds. Move In Or Build Your New Dream Home. Down Size Or Build On This Incredible Property. Easy Access To Parks, Trails, Excellent Schools, Centennial Olympic Pool, TTC At Your Door Step, Minutes To Hwy 427, 401, Q.E.W., Pearson Airport, Future Eglinton Crosstown Lrt., Go Transit, Subway, Sherway Gardens. Note: Irreg Lot Size. Lower Level Offers Incredible Versatility With Spacious Family Room, Bathroom, Bar, Hook Up for Kitchen. Ideal For Nanny/In law Suite, Or Rental Potential. EXISTING BUILDING PERMIT - 3,000 SQ FT. PERMIT AVAILABLE AND TRANSFERRABLE.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13717484
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50 × 123 ft
- Cross streets
- RATHBURN/MARTIN GROVE
- Parking
- 1 garage · 2 parking (attached)
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,379 / 2026
- Days on market
- 53
- Listing brokerage
- SPECTRUM REALTY SERVICES INC.
Rooms
hardwood floor · stone fireplace · window
4 pc bath · b/i bar · tile floor
brick fireplace · tile floor
tile floor · window · eat-in kitchen
hardwood floor · closet · window
hardwood floor · w/o to deck · combined w/living
hardwood floor · closet · window
hardwood floor · closet · window
Listed at $1,321,000. Going by how homes in Eringate-Centennial-West Deane and the wider GTA have actually closed against their asking prices (about 97%, 26 local closings in 90 days), the likely sale price is near $1.29M, if it sells. A realistic range is $1.20M to $1.45M.
Independent value check: $1.11M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.04M and $1.17M).
Why $1.11M. The typical detached home sold in Eringate-Centennial-West Deane over the past year went for about $1.14M (91 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.
Longer on the market than typical. 53 days on the market against about 24 for homes like it here, and asking 19% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.29M, from 26 recent closings in this pocket.
The market behind the math:
About 1 months of inventory: 9 detached homes for sale in the area against 26 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,016/sqft against an area asking average of $928/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. Condition and finishes 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (John G Althouse Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 26 comparable homes that sold in Eringate-Centennial-West Deane over the past two years, from 167 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $977/sqft; this home lists at $1,016/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Eringate-Centennial-West Deane: $1.20M in September 2026, up 5% from a year ago, on 80 closings in 9 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 |
|---|---|---|
| October 2025 | $1.06M | 10 |
| November 2025 | $1.15M | 9 |
| March 2026 | $1.07M | 5 |
| April 2026 | $1.18M | 7 |
| May 2026 | $1.12M | 15 |
| June 2026 | $1.00M | 7 |
| July 2026 | $1.14M | 10 |
| August 2026 | $1.19M | 7 |
| September 2026 | $1.20M | 10 |
Neighbourhood & location
Eringate-Centennial-West Deane, 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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,056,800 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,843
- Property tax
- $448
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,291
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,895
- Toronto municipal land transfer tax
- $22,895
- Estimated closing costs
- $45,790
Plus your down payment of $264,200. 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
- $350,594
- Principal paid down
- $129,121
- Interest paid
- $221,472
- Balance remaining
- $927,679
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 24 whole-home leases in Eringate-Centennial-West Deane signed at a median of $3,492 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,554. 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 SPECTRUM REALTY SERVICES INC.. MLS®/PropTx.