21 Seventeenth Street, Toronto, ON

New Toronto, Toronto · MLS® W13865902

$770,000
For Sale
Listed 13 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage · 4 parking
700-1100Sq ft

About this home

In short

  • Opportunity knocks in the heart of New Toronto.
  • Situated on a 33' x 100' freehold lot (approx.
  • 3,336 sq. ft.), this property offers exceptional potential for investors, builders, and renovators looking to capitalize on a prime residential location.
  • Currently improved with a detached home originally built in 1948, the property presents an ideal canvas for renovation, expansion, or a custom rebuild.

Opportunity knocks in the heart of New Toronto. Situated on a 33' x 100' freehold lot (approx. 3,336 sq. ft.), this property offers exceptional potential for investors, builders, and renovators looking to capitalize on a prime residential location. The site features a level topography, detached garage, private driveway, and is designated residential with RM zoning, supporting strong redevelopment or value-add possibilities.Currently improved with a detached home originally built in 1948, the property presents an ideal canvas for renovation, expansion, or a custom rebuild. Whether your strategy is to renovate and hold, flip, or redevelop, this is a rare chance to secure a well-sized lot in an established, high-demand west-end neighbourhood with long-term upside.

Key facts

Property type
Detached, Bungalow
MLS®
W13865902
Bedrooms
2
Bathrooms
2 (1 half)
Size
700-1100 sq ft
Lot
33.38 × 100.11 ft
Cross streets
Lakeshore Blvd W / Kipling Ave
Parking
1 garage · 4 parking (detached)
Driveway
Private
Basement
Partially Finished
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Other
Roof
Shingles
Sewer
Sewer
Property tax
$4,155 / 2025
Days on market
13
Listing brokerage
HOMELIFE/CIMERMAN REAL ESTATE LIMITED

Rooms

KitchenBasement0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m
Primary BedroomMain0.00 × 0.00 m
BathroomMain0.00 × 0.00 m
BathroomBasement0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
BedroomBasement0.00 × 0.00 m
Living RoomBasement0.00 × 0.00 m
Bedroom 2Main0.00 × 0.00 m
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 Twentieth Street Junior 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

New Toronto, 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.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Leaside
$2.15M
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M

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 Twentieth Street Junior School
70%
Twentieth Street Junior SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 6 more schools within 2.5 km
Father John Redmond Catholic Secondary School · Catholic secondary0.6 km · 84% at standard
Seventh Street Junior School · Public elementary1.0 km · 73% at standard
James S Bell Junior Middle School · Public elementary1.3 km · 70% at standard
John English Junior Middle School · Public elementary2.2 km · 73% at standard
St Leo Catholic School · Catholic elementary2.3 km · 82% at standard
St Josaphat Catholic School · Catholic elementary2.5 km · 45% at standard

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

Affordability & Mortgage

Affordability
$3,509/mo
$148KIncome needed
5.2×Price ÷ income
$810Weekly cost
$23,750Land 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.

91%mortgage
Mortgage $3,509Property tax $346Total carry $3,856

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,406per month

Mortgage amount $616,000 · 4.49% over 25 years

$154,000Down payment (20.0%)
$616,000Loan before insurance
$0CMHC premium
$3,752Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,406
Property tax
$346
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,752

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

One-time closing costs

Ontario land transfer tax
$11,875
Toronto municipal land transfer tax
$11,875
Estimated closing costs
$23,750

Plus your down payment of $154,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,122/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

$405,791Total interest paid
$1,021,791Total of all payments
Principal $616,000 Interest $405,791
YearPrincipalInterestBalance
1$13,746$27,125$602,254
2$14,371$26,501$587,883
3$15,023$25,849$572,860
4$15,705$25,166$557,154
5$16,418$24,453$540,736
6$17,164$23,708$523,572
7$17,943$22,929$505,629
8$18,758$22,114$486,872
9$19,609$21,262$467,262
10$20,500$20,372$446,762
11$21,431$19,441$425,332
12$22,404$18,468$402,928
13$23,421$17,451$379,507
14$24,484$16,387$355,023
15$25,596$15,276$329,427
16$26,758$14,114$302,669
17$27,973$12,899$274,696
18$29,243$11,629$245,453
19$30,571$10,301$214,882
20$31,959$8,913$182,923
21$33,410$7,462$149,514
22$34,927$5,945$114,587
23$36,513$4,359$78,074
24$38,170$2,701$39,904
25$39,904$968$0

At the end of your 5-year term

Total paid over the term
$204,358
Principal paid down
$75,264
Interest paid
$129,094
Balance remaining
$540,736

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
1.3%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.

2.3%
Gross yield
− Property tax $4,155− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,931

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

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