79 Shoreham Drive, Toronto, ON

Black Creek, Toronto · MLS® W13727556

$1,288,000
For Sale
Listed 49 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to this spacious custom-built backsplit, offering over 2,700 sq. ft. of living space and an incredible opportunity for the next family to make it their own.
  • The home features 4 spacious bedrooms, including 3 + 1 bedrooms on the main floor, along with an abundance of natural sunlight throughout.
  • Located close to schools, shopping, hospital, places of worship, public transit, and TTC stops, with easy access to the 400-series highways, this home combines space...

Welcome to this spacious custom-built backsplit, offering over 2,700 sq. ft. of living space and an incredible opportunity for the next family to make it their own. Perfect for renovators, investors, or families looking to create their dream home, this property offers generous space, a functional layout, and endless potential. The home features 4 spacious bedrooms, including 3 + 1 bedrooms on the main floor, along with an abundance of natural sunlight throughout. The spacious kitchen includes a convenient breakfast area, while the oversized family room provides plenty of room for family gatherings and everyday living. Enjoy generously sized living and dining rooms, ideal for entertaining guests. Adding even more versatility, the main floor also features a second kitchen, a side-door entrance, and additional space that can be customized to suit your family's needs. Located close to schools, shopping, hospital, places of worship, public transit, and TTC stops, with easy access to the 400-series highways, this home combines space, convenience, and tremendous potential. Bring your vision and transform this spacious property into the home of your dreams!

Key facts

Property type
Detached, Backsplit 3
MLS®
W13727556
Bedrooms
3
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
56.49 × 125.96 ft
Cross streets
Jane St & Shoreham Dr
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Unfinished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,248 / 2026
Days on market
49
Listing brokerage
CAPITAL NORTH REALTY CORPORATION

Rooms

KitchenMain3.50 × 2.44 m

ceramic floor · large window

Bedroom 4Main3.01 × 2.44 m

parquet · large window · large closet

Family RoomMain8.52 × 2.44 m

parquet · large window · side door

KitchenMain2.07 × 2.44 m

ceramic floor · combined w/kitchen

BreakfastMain3.31 × 2.44 m

ceramic floor · combined w/kitchen · w/o to yard

Living RoomMain4.17 × 2.44 m

parquet · large window · combined w/dining

Primary BedroomSecond4.49 × 2.44 m

parquet · large window · 3 pc ensuite

Bedroom 3Second3.02 × 2.44 m

parquet · large window · large closet

Dining RoomMain4.17 × 2.44 m

parquet · large window · combined w/living

Bedroom 2Second4.03 × 2.44 m

parquet · large window · large closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.25Mlikely sale price

Listed at $1,288,000. Going by how homes in Black Creek and the wider GTA have actually closed against their asking prices (about 97%, 5 local closings in 90 days), the likely sale price is near $1.25M, if it sells. A realistic range is $1.17M to $1.41M.

Independent value check: $1.17M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.09M and $1.22M).

Why $1.17M. The typical detached home sold in Black Creek over the past year went for about $890K (16 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly2 garage and 6 total parking spaces, against 1 and 4 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $5,248 a year; the typical home sold here pays about $3,800.
List price
$1.17MBelow recent closings$1.41MAbove recent closings

Total price vs nearby homes. Likely closing about $1.25M, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$959Kmedian sold price
97%of asking, on average
−5%prices vs a year ago
~25 dayshomes like this take to sell
49days on market so far
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 6 detached homes for sale in the area against 5 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 $468/sqft against an area asking average of $783/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.23M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • 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 Blacksmith 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

Priced above comparable homes overall, but the price per square foot ($468/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Black Creek, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Black Creek over the past two years, from 32 closings there.

What sellers nearby are askingCurrently listed nearby in Black Creek · asking prices
$959kavg asking

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 $1.17M, which is where my estimate comes from.

Per square foot, these ask about $764/sqft; this home lists at $468/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.29MThis home839k900k1.20M959k899kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Black Creek, 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.

Willowdale East
$2.19M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Dovercourt-Wallace Emerson-Junction
$1.25M
Islington-City Centre West
$1.54M

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 Blacksmith Public School
50%
Blacksmith Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 50% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Shoreham Public School · Public elementary0.5 km · 54% at standard
Gosford Public School · Public elementary0.5 km · 48% at standard
St Charles Garnier Catholic School · Catholic elementary0.8 km · 63% at standard
Driftwood Public School · Public elementary0.9 km · 42% at standard
Msgr Fraser College (Norfinch Campus) · Catholic secondary1.2 km
St Francis de Sales Catholic School · Catholic elementary1.6 km · 38% at standard
Topcliff Public School · Public elementary1.7 km · 34% at standard
Firgrove Public School · Public elementary1.8 km · 55% at standard
St Wilfrid Catholic School · Catholic elementary1.9 km · 74% at standard
Yorkwoods Public School · Public elementary2.1 km · 16% at standard
C W Jefferys Collegiate Institute · Public secondary2.2 km · 44% at standard
Lamberton Public School · Public elementary2.3 km · 63% at standard

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

Affordability & Mortgage

Affordability
$5,870/mo
$240KIncome needed
5.4×Price ÷ income
$1,355Weekly cost
$44,470Land 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.

93%mortgage
Mortgage $5,870Property tax $437Total carry $6,308

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,697per month

Mortgage amount $1,030,400 · 4.49% over 25 years

$257,600Down payment (20.0%)
$1,030,400Loan before insurance
$0CMHC premium
$6,135Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,697
Property tax
$437
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,135

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

One-time closing costs

Ontario land transfer tax
$22,235
Toronto municipal land transfer tax
$22,235
Estimated closing costs
$44,470

Plus your down payment of $257,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,896/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

$678,778Total interest paid
$1,709,178Total of all payments
Principal $1,030,400 Interest $678,778
YearPrincipalInterestBalance
1$22,994$45,373$1,007,406
2$24,038$44,329$983,368
3$25,130$43,238$958,238
4$26,271$42,097$931,968
5$27,463$40,904$904,504
6$28,710$39,657$875,794
7$30,014$38,353$845,780
8$31,377$36,990$814,403
9$32,801$35,566$781,602
10$34,291$34,077$747,311
11$35,847$32,520$711,464
12$37,475$30,892$673,989
13$39,177$29,190$634,812
14$40,955$27,412$593,857
15$42,815$25,552$551,042
16$44,759$23,608$506,283
17$46,791$21,576$459,492
18$48,916$19,451$410,576
19$51,137$17,230$359,440
20$53,458$14,909$305,981
21$55,886$12,481$250,095
22$58,423$9,944$191,672
23$61,076$7,291$130,597
24$63,849$4,518$66,748
25$66,748$1,619$0

At the end of your 5-year term

Total paid over the term
$341,836
Principal paid down
$125,896
Interest paid
$215,940
Balance remaining
$904,504

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
Estimate$5,250/mo
$63,000Gross annual rent
3.8%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

4.9%
Gross yield
− Property tax $5,248− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $49,422

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CAPITAL NORTH REALTY CORPORATION. MLS®/PropTx.

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