44 Leduc Drive, Toronto, ON

Rexdale-Kipling, Toronto · MLS® W14029816

$1,149,000
For Sale
Listed 5 days agoNo offer date stated
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4+2Bedrooms
3Bathrooms
4Parking
2000-2500Sq ft

About this home

In short

  • RARE INVESTMENT OPPORTUNITY.
  • Featuring THREE spacious, self-contained 2-bedroom apartments, one on each level, offering functional layouts, generous living space and excellent income potential.
  • Major recent upgrades include a BRAND NEW ROOF (2026) and NEW ASPHALT DRIVEWAY (2024).
  • Conveniently located just minutes from Highways 401 and 409, Walmart, Costco, SmartCentres, schools, parks and everyday amenities.
  • EXTRAS: 3 Fridges, 3 Stoves, 3 Separate Hydro Meters and Owned Hot Water Tank.

RARE INVESTMENT OPPORTUNITY! Welcome to this well-maintained LEGAL TRIPLEX nestled on a quiet street in a desirable Etobicoke neighbourhood! Featuring THREE spacious, self-contained 2-bedroom apartments, one on each level, offering functional layouts, generous living space and excellent income potential. Perfect for savvy investors, multi-generational families or buyers looking to live in one unit while generating rental income from the others. Major recent upgrades include a BRAND NEW ROOF (2026) and NEW ASPHALT DRIVEWAY (2024)! VACANT POSSESSION AVAILABLE, offering exceptional flexibility for the new owner to maximize rental potential or accommodate extended family. Conveniently located just minutes from Highways 401 and 409, Walmart, Costco, SmartCentres, schools, parks and everyday amenities. A fantastic opportunity to own a versatile, income-generating property in a convenient and sought-after location! EXTRAS: 3 Fridges, 3 Stoves, 3 Separate Hydro Meters and Owned Hot Water Tank.

Key facts

Property type
Other, 2-Storey
MLS®
W14029816
Bedrooms
4+2 (6 total)
Bathrooms
3
Size
2000-2500 sq ft
Lot
35 × 145 ft
Cross streets
Islington/Rexdale
Parking
4 parking
Driveway
Private
Basement
Apartment, Separate Entrance
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,650 / 2026
Days on market
5
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Primary BedroomSecond3.80 × 2.85 m

Hardwood Floor

Primary BedroomMain3.85 × 2.80 m

Hardwood Floor

Living RoomSecond4.90 × 3.40 m

Hardwood Floor

Living RoomMain4.90 × 3.40 m

Hardwood Floor

KitchenMain3.90 × 2.20 m

Ceramic Floor

Bedroom 2Main4.90 × 3.00 m

Hardwood Floor

Bedroom 2Second4.40 × 3.10 m

Hardwood Floor

KitchenSecond3.85 × 2.20 m

Ceramic 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 The Elms Junior Middle 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

Rexdale-Kipling, 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
$999K
Mimico
$1.20M
Annex
$1.03M
Niagara
$650K
Bayview Village
$554K

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 The Elms Junior Middle School
61%
The Elms Junior Middle SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 61% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Caring and Safe School 1 · Public secondary0.7 km
Elmlea Junior School · Public elementary0.7 km · 46% at standard
Monsignor Percy Johnson Catholic High School · Catholic secondary1.2 km · 65% at standard
St Benedict Catholic School · Catholic elementary1.3 km · 79% at standard
Braeburn Junior School · Public elementary1.4 km · 61% at standard
Rivercrest Junior School · Public elementary1.6 km · 59% at standard
St Simon Catholic School · Catholic elementary1.8 km · 67% at standard
Dante Alighieri Academy · Catholic secondary1.9 km · 55% at standard
West Humber Junior Middle School · Public elementary1.9 km · 69% at standard
School of Experiential Education · Public secondary2.0 km
St Maurice Catholic School · Catholic elementary2.2 km · 52% at standard
St Basil-the-Great College School · Catholic secondary2.3 km · 58% at standard

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

Affordability & Mortgage

Affordability
$5,237/mo
$215KIncome needed
5.4×Price ÷ income
$1,208Weekly cost
$38,910Land 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 $5,237Property tax $387Total carry $5,624

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)
$5,082per month

Mortgage amount $919,200 · 4.49% over 25 years

$229,800Down payment (20.0%)
$919,200Loan before insurance
$0CMHC premium
$5,470Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,082
Property tax
$388
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,470

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

One-time closing costs

Ontario land transfer tax
$19,455
Toronto municipal land transfer tax
$19,455
Estimated closing costs
$38,910

Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,151/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

$605,524Total interest paid
$1,524,724Total of all payments
Principal $919,200 Interest $605,524
YearPrincipalInterestBalance
1$20,513$40,476$898,687
2$21,444$39,545$877,243
3$22,418$38,571$854,826
4$23,435$37,553$831,390
5$24,500$36,489$806,891
6$25,612$35,377$781,279
7$26,775$34,214$754,504
8$27,990$32,998$726,514
9$29,261$31,728$697,252
10$30,590$30,399$666,662
11$31,979$29,010$634,683
12$33,431$27,558$601,253
13$34,949$26,040$566,304
14$36,536$24,453$529,768
15$38,194$22,795$491,574
16$39,929$21,060$451,645
17$41,741$19,247$409,904
18$43,637$17,352$366,267
19$45,618$15,371$320,649
20$47,689$13,300$272,960
21$49,855$11,134$223,105
22$52,118$8,871$170,987
23$54,484$6,504$116,503
24$56,958$4,031$59,544
25$59,544$1,445$0

At the end of your 5-year term

Total paid over the term
$304,945
Principal paid down
$112,309
Interest paid
$192,636
Balance remaining
$806,891

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$4,200/mo
$50,400Gross annual rent
3.4%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.4%
Gross yield
− Property tax $4,650− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,806

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

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