31 Diana Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W14083528

$979,000
For Sale
Just listed todayNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

A welcoming brick bungalow with generous rooms, a lovely front porch and plenty of space for family life. Welcome to 31 Diana Drive, where a bright, comfortable main floor offers a layout that makes everyday living easy. The large picture window brings natural light into the spacious living room, while the adjoining dining area is ready for family dinners, holiday gatherings and catching up with friends. A separate eat-in kitchen, three well-proportioned bedrooms and a full bathroom complete the main floor. The lower level offers substantial additional space, with a fourth bedroom, second bathroom, second kitchen and plenty of room for hobbies, storage or the kids to spread out. A large laundry and utility room, cold room and attached garage add welcome practicality. With Diana Park just along the street and Downsview Park just steps away, there are plenty of reasons to get outside, from playground visits to long walks and lakeside loops. A home with generous space, everyday comfort and possibilities for the years ahead.

Key facts

Property type
Detached, Bungalow
MLS®
W14083528
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
50 × 120 ft
Cross streets
Keele and Sheppard
Parking
1 garage · 5 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$4,803 / 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain3.89 × 6.02 m

hardwood floor · combined w/dining · overlooks frontyard

Dining RoomMain3.07 × 2.90 m

hardwood floor · combined w/living · picture window

LaundryLower7.92 × 2.82 m

concrete floor · above grade window

Family RoomLower3.78 × 5.89 m

tile floor · above grade window

KitchenMain4.57 × 2.90 m

tile floor · pot lights · stainless steel appl

Primary BedroomMain4.65 × 3.40 m

hardwood floor · double closet · overlooks backyard

Cold Room/CantinaLower7.32 × 1.57 m

concrete floor · above grade window

Bedroom 3Main3.96 × 2.90 m

hardwood floor · closet · overlooks backyard

RecreationLower7.72 × 5.94 m

tile floor · above grade window

Bedroom 2Main3.05 × 3.96 m

hardwood floor · double closet · picture window

Bedroom 4Lower3.78 × 4.09 m

tile floor · above grade window

Our TakeTeam Asgarian · Broker
A small discount is typical
$955Klikely sale price

Listed at $979,000. Going by how homes in Downsview-Roding-CFB and the wider GTA have actually closed against their asking prices (about 98%, 27 local closings in 90 days), the likely sale price is near $955K, if it sells. A realistic range is $895K to $1.08M.

Independent value check: $983K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $921K and $1.03M).

Why $983K. The typical detached home sold in Downsview-Roding-CFB over the past year went for about $995K (105 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$895KBelow recent closings$1.08MAbove recent closings

Total price vs nearby homes. Likely closing about $955K, from 27 recent closings in this pocket.

The market behind the math:

27sold nearby · 90 days
$920Kmedian sold price
98%of asking, on average
−8%prices vs a year ago
~25 dayshomes like this take to sell
$3,084/moest. rent · 20 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 7 detached homes for sale in the area against 27 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 $753/sqft against an area asking average of $811/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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $952K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 27 comparable homes that sold in Downsview-Roding-CFB over the past two years, from 209 closings there.

Sold price trend

Median sold price for detached homes in Downsview-Roding-CFB: $945K in September 2026, down 6% from a year ago, on 100 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$984K20
November 2025$1.05M9
December 2025$1.00M7
February 2026$1.00M5
March 2026$954K5
April 2026$1.03M10
May 2026$945K13
June 2026$965K9
July 2026$960K7
August 2026$935K6
September 2026$945K9

Neighbourhood & location

Downsview-Roding-CFB, 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.

Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.96M
Willowdale West
$1.92M
Oakwood Village
$1.74M
Lawrence Park South
$2.67M

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 Africentric Alternative School
57%
Africentric Alternative SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 57% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Sheppard Public School · Public elementary0.5 km · 24% at standard
Blaydon Public School · Public elementary0.6 km · 38% at standard
Downsview Public School · Public elementary1.1 km · 70% at standard
St Martha Catholic School · Catholic elementary1.2 km · 58% at standard
St Conrad Catholic School · Catholic elementary1.2 km · 72% at standard
Stilecroft Public School · Public elementary1.3 km · 60% at standard
Downsview Secondary School · Public secondary1.3 km · 42% at standard
St Raphael Catholic School · Catholic elementary1.3 km · 76% at standard
ALPHA II Alternative School · Public secondary1.4 km
Calico Public School · Public elementary1.4 km · 28% at standard
Madonna Catholic Secondary School · Catholic secondary1.5 km · 60% at standard
Beverley Heights Middle School · Public elementary1.6 km · 53% at standard

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

Affordability & Mortgage

Affordability
$4,462/mo
$186KIncome needed
5.3×Price ÷ income
$1,030Weekly cost
$32,110Land 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 $4,462Property tax $400Total carry $4,862

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,330per month

Mortgage amount $783,200 · 4.49% over 25 years

$195,800Down payment (20.0%)
$783,200Loan before insurance
$0CMHC premium
$4,731Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,330
Property tax
$400
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,731

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

One-time closing costs

Ontario land transfer tax
$16,055
Toronto municipal land transfer tax
$16,055
Estimated closing costs
$32,110

Plus your down payment of $195,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,241/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

$515,934Total interest paid
$1,299,134Total of all payments
Principal $783,200 Interest $515,934
YearPrincipalInterestBalance
1$17,478$34,488$765,722
2$18,271$33,694$747,451
3$19,101$32,865$728,350
4$19,968$31,997$708,382
5$20,875$31,091$687,507
6$21,823$30,143$665,685
7$22,813$29,152$642,872
8$23,849$28,116$619,022
9$24,932$27,033$594,090
10$26,064$25,901$568,026
11$27,247$24,718$540,779
12$28,485$23,481$512,294
13$29,778$22,187$482,516
14$31,130$20,835$451,387
15$32,543$19,422$418,843
16$34,021$17,944$384,822
17$35,566$16,400$349,257
18$37,180$14,785$312,076
19$38,869$13,097$273,208
20$40,633$11,332$232,574
21$42,478$9,487$190,096
22$44,407$7,558$145,689
23$46,423$5,542$99,266
24$48,531$3,434$50,735
25$50,735$1,231$0

At the end of your 5-year term

Total paid over the term
$259,827
Principal paid down
$95,693
Interest paid
$164,134
Balance remaining
$687,507

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 20 whole-home leases in Downsview-Roding-CFB$3,084/mo
$37,008Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,858 to $3,731Typical 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 20 whole-home leases in Downsview-Roding-CFB signed at a median of $3,029 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,084. 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.

3.8%
Gross yield
− Property tax $4,803− Insurance $1,400− Vacancy & upkeep $4,071Net operating income $26,734

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

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