35 Montcalm Avenue, Toronto, ON
Briar Hill-Belgravia, Toronto · MLS® W13817060
About this home
In short
- First Time Home Buyer Opportunity.
- Open concept Main Floor W/Upgraded Kitchen, New Fridge Oct-2025.
- Large Open Concept Living Room.
- Kitchen Appliances-Basement New Oct-2025.
- Complete New Heating System-Nov-2025.
First Time Home Buyer Opportunity. Detached Bungalow. Well Maintained in the heart of Briar-Hill. Extra Income option Basement apartment. Separate Entrance. Open concept Main Floor W/Upgraded Kitchen, New Fridge Oct-2025. Hardwood Floors. Large Open Concept Living Room. W/Dining Breakfast Bar. Kitchen Appliances-Basement New Oct-2025. Spacious Bathrooms. Walking Closet. Complete New Heating System-Nov-2025. Steps from Subway Station, TTC, School, Park, Restaurants and Plaza. Easy Access to Allen Express, 401 and 400. Sump pump
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13817060
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 700-1100 sq ft
- Lot
- 25 × 125.5 ft
- Cross streets
- Eglington & Caledonia
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Radiant
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,770 / 2025
- Days on market
- 23
- Listing brokerage
- KIC REALTY
Rooms
stainless steel appl · quartz counter · breakfast bar
Partly Finished
pot lights · tile floor
finished · tile floor · sump pump
overlooks backyard · hardwood floor · closet
window · laminate · walk-in closet(s)
pot lights · laminate · window
stainless steel appl · tile floor · eat-in kitchen
open concept · hardwood floor · window
closet · hardwood floor · w/o to porch
2 pc ensuite · hardwood floor · overlooks backyard
large window · hardwood floor · open concept
Listed at $875,000. Going by how homes in Briar Hill-Belgravia and the wider GTA have actually closed against their asking prices (about 98%, 8 local closings in 90 days), the likely sale price is near $859K, if it sells. A realistic range is $805K to $968K.
Independent value check: $795K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $745K and $833K).
Why $795K. The typical detached home sold in Briar Hill-Belgravia over the past year went for about $863K (52 sales). What sets this one apart:
- ▲ Raises it slightly2+1 bedrooms and 3 baths, against 2.5+1 and 2 typically.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $3,770 a year; the typical home sold here pays about $4,100.
Total price vs nearby homes. Likely closing about $859K, from 8 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 5 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $972/sqft against an area asking average of $1,019/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Briar Hill-Belgravia: 22 of the 81 detached leases here lately were basement units, around $1,600 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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $747K. 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Fairbank Memorial Community 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 ($972/sqft) is in line with the area, so you are paying for extra space rather than a premium.
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.
Based on 8 comparable homes that sold in Briar Hill-Belgravia over the past two years, from 91 closings there.
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 $1,025/sqft; this home lists at $972/sqft. Size is part of the price story, not just the sticker.
The 3 closest 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 7,361 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 | 679 |
Neighbourhood & location
Briar Hill-Belgravia, 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 16, 2026); conventional rates run a little higher.
Mortgage amount $700,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,870
- Property tax
- $314
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,185
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,975
- Toronto municipal land transfer tax
- $13,975
- Estimated closing costs
- $27,950
Plus your down payment of $175,000. 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
- $232,225
- Principal paid down
- $85,527
- Interest paid
- $146,698
- Balance remaining
- $614,473
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 Briar Hill-Belgravia (22 of 81 recent detached leases were basement units, around $1,600 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,600 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 24 whole-home leases in Briar Hill-Belgravia signed at a median of $3,020 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,973. 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 KIC REALTY. MLS®/PropTx.