627 Caledonia Road, Toronto, ON

Briar Hill-Belgravia, Toronto · MLS® W13850472

$774,900
For Sale
Listed 18 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage · 5 parking
700Sq ft

About this home

In short

  • Updated and well maintained, this home offers exceptional value with rare features including ample parking and an oversized garage.
  • A very functional layout maximizes both comfort and usability, featuring a separate entrance to a renovated basement with impressive ceiling height and above-grade...
  • Recent upgrades include newer windows, doors and roof shingles, enhancing both efficiency and curb appeal.

Updated and well maintained, this home offers exceptional value with rare features including ample parking and an oversized garage. Ideal for first-time buyers or savvy investors; the property is situated in a highly desirable location with strong long-term upside. A very functional layout maximizes both comfort and usability, featuring a separate entrance to a renovated basement with impressive ceiling height and above-grade windows, creating a versatile space as in law suite. Recent upgrades include newer windows, doors and roof shingles, enhancing both efficiency and curb appeal. Enjoy the convenience of a private driveway, oversized garage, and walking distance to the LRT and future GO Station, making commuting effortless. Surrounded by great shops, restaurants, schools, and parks, and just moments from the scenic York Beltline Trail-perfect for outdoor enthusiasts. A versatile opportunity in a sought-after neighborhood-move in, rent out, or invest for the future.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13850472
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700 sq ft
Lot
25 × 108 ft
Cross streets
Caledonia & Eglinton
Parking
2 garage · 5 parking (detached)
Driveway
Private
Basement
Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Block
Roof
Shingles
Sewer
Sewer
Property tax
$3,416 / 2025
Days on market
18
Listing brokerage
ROYAL LEPAGE SECURITY REAL ESTATE

Rooms

KitchenMain4.62 × 4.15 m

tile floor · combined w/living · open concept

Primary BedroomMain3.48 × 3.40 m

Hardwood Floor

Living RoomMain4.62 × 4.15 m

tile floor · combined w/kitchen · open concept

KitchenBasement5.96 × 4.01 m

vinyl floor · combined w/living

BedroomBasement5.10 × 2.89 m

vinyl floor · above grade window

Living RoomBasement5.96 × 4.01 m

vinyl floor · combined w/kitchen

Bedroom 2Main3.50 × 3.33 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Briar Hill-Belgravia, 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.

Dovercourt-Wallace Emerson-Junction
$1.25M
Stonegate-Queensway
$2.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Islington-City Centre West
$1.54M

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 Fairbank Memorial Community School
66%
Fairbank Memorial Community SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 66% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Silverthorn Community School · Public elementary1.0 km · 65% at standard
Charles E Webster Public School · Public elementary1.0 km · 47% at standard
St John Bosco Catholic School · Catholic elementary1.1 km · 65% at standard
F H Miller Junior Public School · Public elementary1.2 km · 78% at standard
St Nicholas of Bari Catholic School · Catholic elementary1.2 km · 59% at standard
Immaculate Conception Catholic School · Catholic elementary1.4 km · 48% at standard
York Memorial Collegiate Institute · Public secondary1.4 km · 50% at standard
Keelesdale Junior Public School · Public elementary1.4 km · 46% at standard
D'Arcy McGee Catholic School · Catholic elementary1.6 km · 48% at standard
St Matthew Catholic School · Catholic elementary1.6 km · 63% at standard
General Mercer Junior Public School · Public elementary1.7 km · 54% at standard
Regina Mundi Catholic School · Catholic elementary1.8 km · 63% at standard

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

Affordability & Mortgage

Affordability
$3,532/mo
$147KIncome needed
5.3×Price ÷ income
$815Weekly cost
$23,946Land 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 $3,532Property tax $285Total carry $3,816

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)
$3,428per month

Mortgage amount $619,920 · 4.49% over 25 years

$154,980Down payment (20.0%)
$619,920Loan before insurance
$0CMHC premium
$3,712Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,428
Property tax
$285
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,712

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

One-time closing costs

Ontario land transfer tax
$11,973
Toronto municipal land transfer tax
$11,973
Estimated closing costs
$23,946

Plus your down payment of $154,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,149/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

$408,373Total interest paid
$1,028,293Total of all payments
Principal $619,920 Interest $408,373
YearPrincipalInterestBalance
1$13,834$27,298$606,086
2$14,462$26,670$591,624
3$15,119$26,013$576,505
4$15,805$25,327$560,700
5$16,523$24,609$544,177
6$17,273$23,859$526,904
7$18,057$23,074$508,847
8$18,877$22,255$489,970
9$19,734$21,397$470,236
10$20,630$20,501$449,605
11$21,567$19,565$428,038
12$22,546$18,586$405,492
13$23,570$17,562$381,922
14$24,640$16,492$357,282
15$25,759$15,373$331,524
16$26,928$14,203$304,595
17$28,151$12,981$276,444
18$29,429$11,703$247,015
19$30,765$10,366$216,250
20$32,162$8,970$184,088
21$33,623$7,509$150,465
22$35,149$5,983$115,316
23$36,745$4,387$78,571
24$38,413$2,718$40,158
25$40,158$974$0

At the end of your 5-year term

Total paid over the term
$205,659
Principal paid down
$75,743
Interest paid
$129,916
Balance remaining
$544,177

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
Estimate$1,450/mo
$17,400Gross annual rent
1.4%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

2.2%
Gross yield
− Property tax $3,416− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,670

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

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