39 Checkendon Drive, Toronto, ON
Rexdale-Kipling, Toronto · MLS® W13775408
About this home
In short
- 3-Bedroom Raised Bungalow with Spacious 2-Bedroom Lower Level & Excellent Income Potential.
- The main floor features a bright open-concept living and dining area with large windows, an updated kitchen, 3 spacious bedrooms and a well-appointed 4-piece bathroom.
- Bright, clean and versatile, it offers a separate kitchen, 2 bedrooms, large recreation room and 3-piece bathroom, plus additional space that could potentially serve...
- The lower level is currently accessed from inside the home, with the potential to create a separate entrance by adding two interior doors.
- Important updates include central A/C (2024), owned hot water tank and newer appliances .Excellent location close to Etobicoke Humber Park, Humber River trails...
3-Bedroom Raised Bungalow with Spacious 2-Bedroom Lower Level & Excellent Income Potential! Welcome to this lovingly maintained home on a quiet, family-friendly street in an established Etobicoke neighbourhood. Bright, clean and move-in ready, this home offers comfortable living with exceptional flexibility for families, extended family or buyers seeking future income potential. The main floor features a bright open-concept living and dining area with large windows, an updated kitchen, 3 spacious bedrooms and a well-appointed 4-piece bathroom. The lower level is a standout feature! Bright, clean and versatile, it offers a separate kitchen, 2 bedrooms, large recreation room and 3-piece bathroom, plus additional space that could potentially serve as a 3rd bedroom. Ideal for extended family, an in-law setup, guests or potential rental accommodation. The lower level is currently accessed from inside the home, with the potential to create a separate entrance by adding two interior doors. Enjoy the spacious, fully fenced backyard surrounded by mature trees and greenery-perfect for children, pets, gardening and entertaining. Private driveway accommodates up to 6 vehicles. Important updates include central A/C (2024), owned hot water tank and newer appliances .Excellent location close to Etobicoke Humber Park, Humber River trails, Rivercrest Junior School, transit, shopping and everyday amenities, with easy access to Highways 401 & 427 and Kipling GO Station. A home offering space, flexibility and a great income potential!
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- W13775408
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 45 × 119.97 ft
- Cross streets
- Kipling Ave/Henley Crescent
- Parking
- 1 garage · 7 parking (attached)
- Driveway
- Private
- Basement
- Finished, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,966 / 2026
- Days on market
- 38
- Listing brokerage
- KELLER WILLIAMS EMPOWERED REALTY
Rooms
breakfast area · stainless steel appl · ceramic floor
open concept · window · laminate
window · closet · laminate
window · overlooks backyard
window · closet · laminate
combined w/dining · open concept · laminate
window · closet · laminate
large window · large closet · laminate
separate room · family size kitchen · ceramic floor
combined w/living · large window · laminate
window · closet · laminate
Listed at $948,000. 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 $925K, if it sells. A realistic range is $867K to $1.04M.
Independent value check: $843K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $790K and $883K).
Why $843K. The typical detached home sold in Rexdale-Kipling over the past year went for about $863K (53 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.
Longer on the market than typical. 38 days on the market against about 24 for homes like it here, and asking 12% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $925K, from 15 recent closings in this pocket.
The market behind the math:
About 3.2 months of inventory: 16 detached homes for sale in the area against 15 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $729/sqft against an area asking average of $789/sqft.
- basement apartment features. A finished 2 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Rexdale-Kipling: 9 of the 42 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $845K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Open-concept layout: modern, sought-after flow. 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
Priced above comparable homes overall, but the price per square foot ($729/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 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.
For sale
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For saleNothing 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 $843K, which is where my estimate comes from.
Per square foot, these ask about $709/sqft; this home lists at $729/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Rexdale-Kipling, 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.
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 19, 2026); conventional rates run a little higher.
Mortgage amount $758,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,193
- Property tax
- $331
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,524
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,435
- Toronto municipal land transfer tax
- $15,435
- Estimated closing costs
- $30,870
Plus your down payment of $189,600. 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
- $251,599
- Principal paid down
- $92,662
- Interest paid
- $158,937
- Balance remaining
- $665,738
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
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 numbersThe last 13 whole-home leases in Rexdale-Kipling signed at a median of $3,315 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,499. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EMPOWERED REALTY. MLS®/PropTx.