182 Derrydown Road, Toronto, ON

York University Heights, Toronto · MLS® W13800590

$1,068,888
For Sale
Listed 12 days agoNo offer date stated
4Bedrooms
2Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Location, lifestyle & opportunity come together at 182 Derrydown Rd.
  • This home was lovingly cared for by the same family for over 55 years, and now it's ready for its next chapter.
  • This 4-bed, 1.5-bath, 2-car garage, detached home features a side entrance and finished basement complete with rough-in kitchen & wet bar, and is ideally situated in...
  • Families will appreciate the surrounding schools, parks and community facilities, while easy access to Highway 400 connecting you to the 407 and 401 makes commuting...
  • 182 Derrydown Rd offers an exciting opportunity in a vibrant and well-connected neighbourhood, close to the people, places, education, recreation and amenities that...

Location, lifestyle & opportunity come together at 182 Derrydown Rd! This home was lovingly cared for by the same family for over 55 years, and now it's ready for its next chapter! Here is your opportunity to renovate, refresh and reimagine this home to create a space that showcases your unique style and lifestyle. This 4-bed, 1.5-bath, 2-car garage, detached home features a side entrance and finished basement complete with rough-in kitchen & wet bar, and is ideally situated in the sought-after York University Heights community. Offering incredible convenience for families, students, professionals and investors alike, the location is just minutes from York University's expansive Keele Campus, with easy access to world-class academic, recreational, dining and campus amenities. This close proximity is a significant advantage for York University students, faculty and staff, while investors benefit from being close to a major university. Excellent transit offers tremendous convenience, with York University and Pioneer Village TTC subway stations providing easy access to downtown Toronto and York Region. Endless everyday amenities are nearby, including shopping, restaurants, groceries, services and more along Jane St., Finch Ave W and Keele St. Yorkgate Mall and Jane Finch Mall are close at hand, while Downsview Park offers an impressive urban escape with expansive green space, walking and cycling trails, recreation, events and year-round activities. Families will appreciate the surrounding schools, parks and community facilities, while easy access to Highway 400 connecting you to the 407 and 401 makes commuting throughout the GTA simple. Whether you're looking to live, invest or bring your imagination to life, don't just dream about it, create it! 182 Derrydown Rd offers an exciting opportunity in a vibrant and well-connected neighbourhood, close to the people, places, education, recreation and amenities that matter most. Come see your future self in YOUR FOREVER HOME!

Key facts

Property type
Detached, 2-Storey
MLS®
W13800590
Bedrooms
4
Bathrooms
2 (1 half)
Size
1500-2000 sq ft
Lot
60.06 × 100.12 ft
Cross streets
Sentinel Rd & Derrydown Rd
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,772 / 2026
Days on market
12
Listing brokerage
EXP REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.03Mlikely sale price

Listed at $1,068,888. Going by how homes in York University Heights and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.03M, if it sells. A realistic range is $969K to $1.17M.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $943K and $1.06M).

Why $1.01M. The typical detached home sold in York University Heights over the past year went for about $1.04M (33 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,772 a year; the typical home sold here pays about $4,500.
  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
List price
$969KBelow recent closings$1.17MAbove recent closings

Total price vs nearby homes. Likely closing about $1.03M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$955Kmedian sold price
95%of asking, on average
−16%prices vs a year ago
~22 dayshomes like this take to sell
12days on market so far
$3,587/moest. rent · 6 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.9 months of inventory: 13 detached homes for sale in the area against 10 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 $611/sqft against an area asking average of $741/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $862K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

The assigned public school is Elia Middle School. 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 ($611/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 York University Heights, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in York University Heights over the past two years, from 56 closings there.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$1.11Mavg 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 $1.01M, which is where my estimate comes from.

Per square foot, these ask about $765/sqft; this home lists at $611/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.07MThis home1.25M1.05M1.10M1.14M989kThis home vs active comparables

Neighbourhood & location

York University Heights, 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.

Willowdale West
$1.30M
St. Andrew-Windfields
$8.80M
Banbury-Don Mills
$2.12M
High Park-Swansea
$2.20M
Islington-City Centre West
$1.32M

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 Derrydown Public School
34%
Derrydown Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 34% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
James Cardinal McGuigan Catholic High School · Catholic secondary0.6 km · 66% at standard
Lamberton Public School · Public elementary0.8 km · 63% at standard
Stilecroft Public School · Public elementary1.0 km · 60% at standard
Topcliff Public School · Public elementary1.1 km · 34% at standard
Driftwood Public School · Public elementary1.4 km · 42% at standard
St Jerome Catholic School · Catholic elementary1.4 km · 66% at standard
St Charles Garnier Catholic School · Catholic elementary1.6 km · 63% at standard
Yorkwoods Public School · Public elementary1.6 km · 16% at standard
Oakdale Park Middle School · Public elementary1.7 km · 55% at standard
Brookview Middle School · Public elementary1.8 km · 51% at standard
St Francis de Sales Catholic School · Catholic elementary1.8 km · 38% at standard
Sheppard Public School · Public elementary1.8 km · 24% at standard

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

Affordability & Mortgage

Affordability
$4,872/mo
$201KIncome needed
5.3×Price ÷ income
$1,124Weekly cost
$35,706Land 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.

92%mortgage
Mortgage $4,872Property tax $398Total carry $5,269

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 September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,728per month

Mortgage amount $855,110 · 4.49% over 25 years

$213,778Down payment (20.0%)
$855,110Loan before insurance
$0CMHC premium
$5,126Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,728
Property tax
$398
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,126

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

One-time closing costs

Ontario land transfer tax
$17,853
Toronto municipal land transfer tax
$17,853
Estimated closing costs
$35,706

Plus your down payment of $213,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,723/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

$563,305Total interest paid
$1,418,416Total of all payments
Principal $855,110 Interest $563,305
YearPrincipalInterestBalance
1$19,082$37,654$836,028
2$19,949$36,788$816,079
3$20,855$35,882$795,225
4$21,801$34,935$773,423
5$22,791$33,945$750,632
6$23,826$32,910$726,806
7$24,908$31,829$701,898
8$26,039$30,698$675,859
9$27,221$29,515$648,637
10$28,457$28,280$620,180
11$29,749$26,987$590,431
12$31,100$25,637$559,331
13$32,512$24,225$526,819
14$33,988$22,748$492,831
15$35,531$21,205$457,300
16$37,145$19,592$420,155
17$38,831$17,905$381,324
18$40,594$16,142$340,730
19$42,437$14,299$298,292
20$44,364$12,372$253,928
21$46,379$10,358$207,550
22$48,484$8,252$159,065
23$50,686$6,051$108,380
24$52,987$3,750$55,393
25$55,393$1,344$0

At the end of your 5-year term

Total paid over the term
$283,683
Principal paid down
$104,479
Interest paid
$179,204
Balance remaining
$750,632

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 6 whole-home leases in York University Heights$3,587/mo
$43,044Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,875 to $3,928Typical rent range

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 6 whole-home leases in York University Heights signed at a median of $3,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,587. 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.

4.0%
Gross yield
− Property tax $4,772− Insurance $1,400− Vacancy & upkeep $4,735Net operating income $32,137

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

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