138 Cabernet Circle, Toronto, ON
West Humber-Clairville, Toronto · MLS® W13729426
About this home
Corner Lot !! Detached two story home in a family oriented neighbourhood of north Etobicoke. Amazing opportunity for First time home buyer or investor with finished basement. Huge backyard. Great location steps to TTC, minutes to Humber college & Hwy 427/407 and Close to schools, Shopping plaza, Public library and Humber Hospital.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13729426
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500
- Lot
- 26.01 × 80.52 ft
- Cross streets
- Martin Grove Rd/ Steeles Ave W
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,965 / 2025
- Days on market
- 1
- Listing brokerage
- RE/MAX GOLD REALTY INC.
Rooms
laminate · closet · window
ceramic floor · family size kitchen · w/o to yard
laminate · window
laminate · window · open concept
laminate · closet · window
laminate · mirrored closet · window
laminate · led lighting · overlooks backyard
Listed at $899,900. My estimate lands at $793K. The ask is about 13% ahead of that, which usually means the seller is pricing in the finishes, the lot, or simply room to negotiate. Worth a close look at what justifies it before you offer.
Total price vs nearby homes. Fair value about $793K, median of 5 comparables.
The market behind the math:
Price per square foot: this home lists at $692/sqft against an area asking average of $629/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $921K, a bit higher.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Smithfield Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 5 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $638/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
West Humber-Clairville, 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.
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 1, 2026); conventional rates run a little higher.
Mortgage amount $719,920 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,881
- Property tax
- $330
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,212
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Toronto municipal land transfer tax
- $14,473
- Estimated closing costs
- $28,946
Plus your down payment of $179,980. 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
- $232,870
- Principal paid down
- $90,608
- Interest paid
- $142,263
- Balance remaining
- $629,312
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX GOLD REALTY INC.. MLS®/PropTx.