2387 Weston Road, Toronto, ON

Weston, Toronto · MLS® W13728558

$649,600
For Sale
Listed 49 days agoNo offer date stated
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About this home

Vacant residential land not on water

Key facts

Property type
Other, Other
MLS®
W13728558
Lot
37.12 × 95 ft
Cross streets
St. Phillips Rd
Property tax
$4,243 / 2026
Days on market
49
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is H J Alexander Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Weston, 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.

Islington-City Centre West
$645K
Stonegate-Queensway
$1.49M
Dovercourt-Wallace Emerson-Junction
$1.06M
Niagara
$901K
Waterfront Communities C1
$613K

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 H J Alexander Community School
68%
H J Alexander Community SchoolPublic · Elementary · 1.1 km awayBelow the GTA average · 68% meet the provincial standard
St. John the EvangelistEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John the Evangelist Catholic School · Catholic elementary0.9 km · 61% at standard
School of Experiential Education · Public secondary1.3 km
Pelmo Park Public School · Public elementary1.3 km · 43% at standard
St Simon Catholic School · Catholic elementary1.5 km · 67% at standard
Valleyfield Junior School · Public elementary1.5 km · 77% at standard
Dante Alighieri Academy · Catholic secondary1.6 km · 55% at standard
St Eugene Catholic School · Catholic elementary1.6 km · 78% at standard
Elmlea Junior School · Public elementary1.7 km · 46% at standard
Kingsview Village Junior School · Public elementary1.8 km · 62% at standard
Weston Memorial Junior Public School · Public elementary1.9 km · 85% at standard
Hilltop Middle School · Public elementary1.9 km · 62% at standard
St Maurice Catholic School · Catholic elementary2.0 km · 52% at standard

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

Affordability & Mortgage

Affordability
$2,961/mo
$128KIncome needed
5.1×Price ÷ income
$683Weekly cost
$18,934Land 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.

89%mortgage
Mortgage $2,961Property tax $354Total carry $3,314

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,873per month

Mortgage amount $519,680 · 4.49% over 25 years

$129,920Down payment (20.0%)
$519,680Loan before insurance
$0CMHC premium
$3,227Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,873
Property tax
$354
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,227

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

One-time closing costs

Ontario land transfer tax
$9,467
Toronto municipal land transfer tax
$9,467
Estimated closing costs
$18,934

Plus your down payment of $129,920. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,478/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

$342,340Total interest paid
$862,020Total of all payments
Principal $519,680 Interest $342,340
YearPrincipalInterestBalance
1$11,597$22,884$508,083
2$12,124$22,357$495,959
3$12,674$21,807$483,285
4$13,250$21,231$470,036
5$13,851$20,630$456,185
6$14,480$20,001$441,705
7$15,137$19,343$426,567
8$15,825$18,656$410,743
9$16,543$17,938$394,199
10$17,294$17,186$376,905
11$18,080$16,401$358,825
12$18,900$15,580$339,925
13$19,759$14,722$320,166
14$20,656$13,825$299,510
15$21,594$12,887$277,917
16$22,574$11,907$255,343
17$23,599$10,882$231,744
18$24,671$9,810$207,073
19$25,791$8,690$181,283
20$26,962$7,519$154,321
21$28,186$6,295$126,135
22$29,466$5,015$96,670
23$30,803$3,677$65,866
24$32,202$2,279$33,664
25$33,664$817$0

At the end of your 5-year term

Total paid over the term
$172,404
Principal paid down
$63,495
Interest paid
$108,909
Balance remaining
$456,185

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$2,650/mo
$31,800Gross annual rent
3.5%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 $4,243− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $22,659

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

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