31 Monterrey Drive, Toronto, ON
Thistletown-Beaumonde Heights, Toronto · MLS® W13756670
About this home
In short
- Renovated 3 Bedroom Bungalow with 2 Bedroom Basement apartment (separate entrance).
- This inviting house offers a spacious eat-in kitchen, 2 piece ensuite Master Bedroom, bright living and dining rooms, the large window in living room fill the home...
- 3 generously sized bedrooms provide comfortable family living, while the 2 Bedroom basement adds valuable space with a family living room.
- The house Set on a large lot (45 feet) in a convenient location close to schools, shopping, the Toronto International Airport and major highways.
- The recent upgrade includes, Flooring with Engineered Hardwood in main floor (2026), the whole house freshly painted, renovation of Kitchen, driveway and Deck.
Renovated 3 Bedroom Bungalow with 2 Bedroom Basement apartment (separate entrance). This inviting house offers a spacious eat-in kitchen, 2 piece ensuite Master Bedroom, bright living and dining rooms, the large window in living room fill the home with natural light. 3 generously sized bedrooms provide comfortable family living, while the 2 Bedroom basement adds valuable space with a family living room. The house Set on a large lot (45 feet) in a convenient location close to schools, shopping, the Toronto International Airport and major highways. A wonderful opportunity to own a truly cherished home. The house has gone through several upgrades through out the years. The recent upgrade includes, Flooring with Engineered Hardwood in main floor (2026), the whole house freshly painted, renovation of Kitchen, driveway and Deck. Also the furnace (2025), Water Filter (2025), Roof (2022), Carport (2022), Garden shed (2024).
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- W13756670
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 45.05 × 123.32 ft
- Cross streets
- Islington Ave & Albion Rd.
- Parking
- 1 garage · 5 parking (carport)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block, Brick, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,952 / 2026
- Days on market
- 41
- Listing brokerage
- CENTURY 21 TITANS REALTY INC.
Rooms
hardwood floor · 2 pc ensuite · walk-in closet(s)
tile floor · window · renovated
laminate · renovated
tile floor · combined w/kitchen · window
hardwood floor · combined w/living · overlooks frontyard
laminate · renovated
laminate · window · closet
tile floor · renovated · ceramic backsplash
hardwood floor · combined w/dining · large window
hardwood floor · window · closet
tile floor · window · ceramic backsplash
hardwood floor · window · closet
laminate · window · closet
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe assigned public school is Beaumonde Heights Junior Middle 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
Thistletown-Beaumonde Heights, Toronto, ON
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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 $760,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,202
- Property tax
- $329
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,532
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,475
- Toronto municipal land transfer tax
- $15,475
- Estimated closing costs
- $30,950
Plus your down payment of $190,000. 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
- $252,130
- Principal paid down
- $92,858
- Interest paid
- $159,272
- Balance remaining
- $667,142
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 CENTURY 21 TITANS REALTY INC.. MLS®/PropTx.