16 Clearbrooke Circle, Toronto, ON

Rexdale-Kipling, Toronto · MLS® W13772872

$819,000
For Sale
Listed 38 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
3Parking
700-1100Sq ft

About this home

In short

  • BEAUTIFUL, BRIGHT & MOVE-IN READY.
  • Inside, Natural Light & Hardwood Floors Flow Through The Main Level.
  • Upstairs Are Two Additional Bedrooms, Including A Bright Primary Bedroom, With Charming Sloped & Vaulted Ceilings Adding Character.
  • The Fully Renovated Basement Adds Valuable Living Space With Modern Flooring, Pot Lights, A Large Open Recreation Area, & A Bathroom.
  • Conveniently Located Close To Excellent Schools, Parks, Transit, Shopping, & Major Highways.

BEAUTIFUL, BRIGHT & MOVE-IN READY! Welcome To 16 Clearbrooke Circle, A Well-Kept Detached Home With A Warm, Inviting Feel & A Functional Layout That Makes The Most Of Every Space. Nestled On A Mature, Tree-Lined Street In An Established Etobicoke Neighbourhood, Featuring A Cozy Front Porch, Private Driveway & Ample Parking. Inside, Natural Light & Hardwood Floors Flow Through The Main Level. The Bright Living Room Is Surrounded By Large Windows, Creating A Comfortable Space For Everyday Living & Entertaining. The Eat-In Kitchen Offers Plenty Of Cabinetry & Counter Space, Stainless Steel Appliances, & A Dining Area Overlooking The Backyard. A Main-Floor Bedroom Offers Flexibility For Family, Guests, Or A Home Office. Upstairs Are Two Additional Bedrooms, Including A Bright Primary Bedroom, With Charming Sloped & Vaulted Ceilings Adding Character. The Fully Renovated Basement Adds Valuable Living Space With Modern Flooring, Pot Lights, A Large Open Recreation Area, & A Bathroom. Outside, Enjoy A Private, Fenced Backyard, Spacious Lawn, & A Garden Shed-Perfect For Summer Gatherings Or Relaxing Outdoors. Conveniently Located Close To Excellent Schools, Parks, Transit, Shopping, & Major Highways. A Wonderful Opportunity To Make This Home Your Own!! Must See!!!

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13772872
Bedrooms
3
Bathrooms
2
Size
700-1100 sq ft
Lot
45 × 112 ft
Cross streets
Kipling Ave & Rexdale Blvd
Parking
3 parking
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$3,599 / 2026
Days on market
38
Listing brokerage
ROYAL LEPAGE TERREQUITY TEAM SOBERANO

Rooms

KitchenMain5.68 × 4.90 m

ceramic floor · eat-in kitchen · overlooks backyard

Bedroom 3Main3.35 × 3.04 m

hardwood floor · window · closet

Bedroom 2Second4.09 × 2.77 m

hardwood floor · window · walk-in closet(s)

Primary BedroomSecond4.40 × 3.21 m

broadloom · window · walk-in closet(s)

Living RoomMain7.21 × 3.40 m

hardwood floor · picture window

RecreationBasement7.65 × 6.75 m

laminate · pot lights · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$799Klikely sale price

Listed at $819,000. Going by how homes in Rexdale-Kipling and the wider GTA have actually closed against their asking prices (about 98%, 15 local closings in 90 days), the likely sale price is near $799K, if it sells. A realistic range is $749K to $901K.

Independent value check: $793K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $743K and $831K).

Why $793K. The typical detached home sold in Rexdale-Kipling over the past year went for about $863K (53 sales). What sets this one apart:

  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $3,599 a year; the typical home sold here pays about $3,800.

Longer on the market than typical. 38 days on the market against about 24 for homes like it here, and asking 3% above where comparable closings put it.

List price
$749KBelow recent closings$901KAbove recent closings

Total price vs nearby homes. Likely closing about $799K, from 15 recent closings in this pocket.

The market behind the math:

15sold nearby · 90 days
$861Kmedian sold price
98%of asking, on average
−7%prices vs a year ago
~21 dayshomes like this take to sell
38days on market so far
$2,800/moest. rent · 14 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 14 detached homes for sale in the area against 15 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 $910/sqft against an area asking average of $808/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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $784K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • 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 Thistletown Collegiate Institute. 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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Rexdale-Kipling, so I widened the search to the surrounding area.

Based on 15 comparable homes that sold in Rexdale-Kipling over the past two years, from 101 closings there.

What sellers nearby are askingCurrently listed nearby in Rexdale-Kipling · asking prices
$893kavg 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 $793K, which is where my estimate comes from.

Per square foot, these ask about $992/sqft; this home lists at $910/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
819kThis home825k850k899k960k930kThis 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

Rexdale-Kipling, 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
$1.54M
Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
St. Andrew-Windfields
$4.10M
Willowdale East
$2.19M

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 Thistletown Collegiate Institute
56%
Thistletown Collegiate InstitutePublic · Secondary · 1.1 km awayBelow the GTA average · 56% meet the provincial standard
Rivercrest Junior SchoolEQAO results not published
West Humber Junior Middle SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Caring and Safe School 1 · Public secondary0.2 km
Monsignor Percy Johnson Catholic High School · Catholic secondary0.6 km · 65% at standard
St Stephen Catholic School · Catholic elementary1.0 km · 58% at standard
The Elms Junior Middle School · Public elementary1.2 km · 61% at standard
Elmlea Junior School · Public elementary1.3 km · 46% at standard
Rivercrest Junior School · Public elementary1.3 km · 59% at standard
West Humber Junior Middle School · Public elementary1.4 km · 69% at standard
Braeburn Junior School · Public elementary1.7 km · 61% at standard
Dante Alighieri Academy · Catholic secondary2.2 km · 55% at standard
West Humber Collegiate Institute · Public secondary2.2 km · 62% at standard
Greenholme Junior Middle School · Public elementary2.3 km · 72% at standard
St Simon Catholic School · Catholic elementary2.4 km · 67% at standard

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

Affordability & Mortgage

Affordability
$3,733/mo
$155KIncome needed
5.3×Price ÷ income
$861Weekly cost
$25,710Land 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 $3,733Property tax $300Total carry $4,033

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)
$3,623per month

Mortgage amount $655,200 · 4.49% over 25 years

$163,800Down payment (20.0%)
$655,200Loan before insurance
$0CMHC premium
$3,923Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,623
Property tax
$300
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,923

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

One-time closing costs

Ontario land transfer tax
$12,855
Toronto municipal land transfer tax
$12,855
Estimated closing costs
$25,710

Plus your down payment of $163,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,385/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

$431,614Total interest paid
$1,086,814Total of all payments
Principal $655,200 Interest $431,614
YearPrincipalInterestBalance
1$14,621$28,851$640,579
2$15,285$28,187$625,294
3$15,979$27,493$609,314
4$16,705$26,768$592,610
5$17,463$26,009$575,147
6$18,256$25,217$556,891
7$19,085$24,388$537,806
8$19,951$23,521$517,854
9$20,857$22,615$496,997
10$21,804$21,668$475,193
11$22,794$20,678$452,398
12$23,829$19,643$428,569
13$24,911$18,561$403,658
14$26,042$17,430$377,615
15$27,225$16,248$350,391
16$28,461$15,012$321,930
17$29,753$13,719$292,177
18$31,104$12,369$261,073
19$32,516$10,956$228,557
20$33,993$9,480$194,564
21$35,536$7,937$159,028
22$37,149$6,323$121,879
23$38,836$4,636$83,042
24$40,600$2,873$42,443
25$42,443$1,030$0

At the end of your 5-year term

Total paid over the term
$217,363
Principal paid down
$80,053
Interest paid
$137,309
Balance remaining
$575,147

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
From 14 whole-home leases in Rexdale-Kipling$2,800/mo
$33,600Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,579 to $3,440Typical rent range

The suite is real income here: basements rent in Rexdale-Kipling (9 of 42 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 14 whole-home leases in Rexdale-Kipling signed at a median of $3,058 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,800. 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.

4.1%
Gross yield
− Property tax $3,599− Insurance $1,400− Vacancy & upkeep $3,696Net operating income $24,905

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY TEAM SOBERANO. MLS®/PropTx.

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