985 Caledonia Road, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W14157696

$1,150,000
For Sale
Listed 4 Days Ago
2+2BedroomsBeds
2BathroomsBaths
1Garage · 3 Parking
3Parking
1100-1500Sq ft

Listed By RE/MAX Premier Inc.

Own Nearby? Discuss Your Home's Value ›

Top 1% of agents in Canada · 5.0 / 300+ reviews across the web

به فارسی صحبت کنیم؟ همین حالا وقت مشاوره بگیرید ←

Key Facts

Property type
Detached, Bungalow
Lot
40.33 × 137.77 ft
Basement
Apartment, Separate Entrance
Parking
1 garage · 3 parking (built-in)
Property tax
$5,601 / 2026
Offer date
None stated
Cross streets
CALEDONIA RD/LAWRENCE AVE
Days on market
4
All Facts And 9 Rooms, Floor By Floor
Property type
Detached, Bungalow
MLS®
W14157696
Bedrooms
2+2 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
40.33 × 137.77 ft
Cross streets
CALEDONIA RD/LAWRENCE AVE
Parking
1 garage · 3 parking (built-in)
Driveway
Private Double
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,601 / 2026
Days on market
4
Offer date
None stated
Listing brokerage
RE/MAX Premier Inc.
Living RoomMain4.28 × 3.78 m

parquet · overlooks dining · open concept

Bedroom 4Basement3.91 × 3.71 m

laminate · walk-in closet(s) · above grade window

KitchenBasement3.99 × 3.97 m

laminate · eat-in kitchen · b/i dishwasher

Bedroom 3Basement4.50 × 3.65 m

laminate · his and hers closets · above grade window

Bedroom 2Main3.98 × 3.79 m

parquet · double closet · east view

Primary BedroomMain4.00 × 3.96 m

parquet · walk-in closet(s) · south view

Dining RoomMain5.12 × 3.19 m

parquet · overlooks dining

KitchenMain5.14 × 4.17 m

ceramic floor · eat-in kitchen · w/o to deck

Living RoomBasement5.04 × 3.99 m

laminate · combined w/kitchen · above grade window

About This Home

From The Listing Description By RE/MAX Premier Inc.

In short

  • The perfect fit for first-time, move-up & multigenerational buyers.
  • Also lots of room for a future garden suite or pool.
  • Fantastic large open-concept layout for the kitchen, living, and dining area.
  • Steps to the TTC, minutes to shopping, Yorkdale & the subway.
  • Garden suite potential; buyer to verify with the City.
Read The Full Description

The perfect fit for first-time, move-up & multigenerational buyers! This bright, spacious bungalow comes with an incredible mortgage helper & is a smart way to skip condo maintenance fees. Enjoy your morning coffee on the verandah, or relax on the back deck overlooking a generous backyard made for summer BBQs. Also lots of room for a future garden suite or pool! The main floor has 9ft ceilings, a dining room overlooking the living room, an eat-in kitchen (overlooking the backyard with a double-door walkout), oversized rooms, wood floors, a skylight & three walkouts. Downstairs, a separate side entrance opens to a fully finished, large 2-bedroom in-law suite. Fantastic large open-concept layout for the kitchen, living, and dining area. It has laminate floors, an upgraded bathroom, large above-grade windows, lots of extra pantry/storage, a 2nd exit through the garage, shared laundry & plenty of storage in the cold cellar. Steps to the TTC, minutes to shopping, Yorkdale & the subway. Garden suite potential; buyer to verify with the City. Some photos are virtually staged to help buyers picture the possibilities. Please review the full marketing package through the virtual link, including detailed floor plans and more.

Our Take

Team Asgarian, RE/MAX Hallmark Realty Ltd.
A small discount is typical
$1.12Mlikely sale price

Listed at $1,150,000. Going by how homes in Yorkdale-Glen Park and across Toronto have actually closed against their asking prices (about 97%, blended from 7 local closings in 90 days), the likely sale price is near $1.12M, if it sells. A realistic range is $1.06M to $1.26M.

Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It

List price
$1.06MBelow recent closings$1.26MAbove recent closings

Total price vs nearby homes. Likely closing about $1.12M, from 7 recent closings in this pocket.

The market behind the math, in Yorkdale-Glen Park
7sold nearby · 90 days
$1.20Mmedian detached sold · 90 days
98%of asking, local average
~57 dayshomes like this take to sell
4days on market so far
$2,943/moest. rent · 6 leases
3.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.1 months of inventory: 12 detached homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $885/sqft against an area asking average of $998/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed 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 Yorkdale-Glen Park: 15 of the 82 detached leases here lately were basement units, around $1,800 a month. That points to potential 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

The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Joyce Public 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 ($885/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Yorkdale-Glen Park, so I widened the search to the surrounding area.

Based on 7 closings nearby in the last 90 days.

Sold Price Trend

Median sold price for detached homes in Toronto: $1.25M in October 2026, up 2% from a year ago, on 7,374 closings in 12 months.

Nov 25Oct 26

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
MonthMedian soldClosings
November 2025$1.21M601
December 2025$1.14M385
January 2026$1.20M287
February 2026$1.21M459
March 2026$1.33M583
April 2026$1.30M784
May 2026$1.30M868
June 2026$1.25M778
July 2026$1.17M685
August 2026$1.19M553
September 2026$1.19M680
October 2026$1.25M711

Own A Home Nearby?

Discuss your home's value and your selling plans with Team Asgarian. Free, with no obligation to list.

به فارسی صحبت کنیم؟ همین حالا وقت مشاوره بگیرید ←

Our Transactions Near This Listing

Homes Team Asgarian has handled within 3 km of Caledonia Road. Signed-in members see each price, verified against board records.

Other Homes For Sale In Yorkdale-Glen Park

For sale in Yorkdale-Glen Park now · asking prices

How This Price Compares

$1.23Mavg asking

Every home like this one for sale in Yorkdale-Glen Park right now. These are asking prices, not sales.

Per square foot, these ask about $980/sqft; this home lists at $885/sqft.

The 5 closest in price of 17 for sale in Yorkdale-Glen Park.

See all comparable homes
$1.15MThis home$1.19M$1.30M$998k$1.34M$1.35MThis home vs active comparables

Neighbourhood & Location

Yorkdale-Glen Park, Toronto, ON

Commute

Time 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.

Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →

Schools & Catchment

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 Joyce Public School
64%
Joyce Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
George Anderson Public School · Public elementary1.1 km · 88% at standard
St Charles Catholic School · Catholic elementary1.3 km · 62% at standard
Yorkdale Secondary School · Public secondary1.4 km
St Francis Xavier Catholic School · Catholic elementary1.4 km · 64% at standard
Immaculate Conception Catholic School · Catholic elementary1.6 km · 48% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.7 km · 84% at standard
Lawrence Heights Middle School · Public elementary1.8 km · 44% at standard
St Fidelis Catholic School · Catholic elementary1.8 km · 66% at standard
Fairbank Memorial Community School · Public elementary2.1 km · 66% at standard
Fairbank Public School · Public elementary2.1 km · 59% at standard
Gracefield Public School · Public elementary2.1 km · 29% at standard
Maple Leaf Public School · Public elementary2.1 km · 42% at standard

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

Affordability & Mortgage

Estimated Mortgage
$5,241/mo
$218KIncome needed
5.3×Price ÷ income
$1,210Weekly cost
$38,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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 is 92% of the monthly costMortgage $5,241Property tax $467Total carry $5,708
Calculate And Customize Your Mortgage

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%
$
%
4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,138per month

Mortgage amount $920,000 · 4.59% over 25 years

$230,000Down payment (20.0%)
$920,000Loan before insurance
$0CMHC premium
$5,605Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,138
Property tax
$467
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,605

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

One-time closing costs

Ontario land transfer tax
$19,475
Toronto municipal land transfer tax
$19,475
Estimated closing costs
$38,950

Plus your down payment of $230,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$6,213/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

$621,425Total interest paid
$1,541,425Total of all payments
Principal $920,000 Interest $621,425
YearPrincipalInterestBalance
1$20,246$41,411$899,754
2$21,186$40,471$878,569
3$22,169$39,488$856,400
4$23,198$38,459$833,201
5$24,275$37,382$808,926
6$25,402$36,255$783,523
7$26,582$35,075$756,941
8$27,816$33,841$729,125
9$29,107$32,550$700,018
10$30,459$31,198$669,559
11$31,873$29,784$637,686
12$33,353$28,304$604,334
13$34,901$26,756$569,433
14$36,521$25,136$532,912
15$38,217$23,440$494,695
16$39,991$21,666$454,703
17$41,848$19,809$412,856
18$43,791$17,866$369,065
19$45,824$15,833$323,241
20$47,951$13,706$275,290
21$50,177$11,480$225,112
22$52,507$9,150$172,605
23$54,945$6,712$117,661
24$57,496$4,161$60,165
25$60,165$1,492$0

At the end of your 5-year term

Total paid over the term
$308,285
Principal paid down
$111,074
Interest paid
$197,211
Balance remaining
$808,926

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.

Book a Consultation

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.

Questions About 985 Caledonia Road

What is the asking price for 985 Caledonia Road?

It is listed at $1,150,000.

How many bedrooms and bathrooms does 985 Caledonia Road have?

2+2 bedrooms, and 2 bathrooms.

How big is 985 Caledonia Road?

The listing gives 1100-1500 sq ft of living space, on a 40.33 × 137.77 ft lot.

Does 985 Caledonia Road have parking?

1 garage space, 3 parking spaces in all.

What are the property taxes on 985 Caledonia Road?

$5,601 a year, for 2026.

Is there an offer date for 985 Caledonia Road?

The listing does not state an offer date.

Which schools is 985 Caledonia Road zoned for?

By the school boards' attendance boundaries: Joyce Public School, Charles E Webster Public School, John Polanyi Collegiate Institute and Regina Mundi. Boundaries change, so confirm with the board before relying on it.

When was 985 Caledonia Road listed?

It came on the market on November 6, 2026.

Who is the listing brokerage for 985 Caledonia Road?

RE/MAX Premier Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.

How can I request a showing of 985 Caledonia Road?

Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.

Can Team Asgarian represent me as the buyer?

Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Premier Inc. MLS®/PropTx.

Request A Showing

Request A Showing

985 CALEDONIA ROAD, TORONTO, ON · Listed By RE/MAX Premier Inc.

Your request goes to Team Asgarian, RE/MAX Hallmark Realty Ltd. We'll call to discuss your request and confirm a time.

Top 1% of agents in Canada · 5.0 / 300+ reviews across the web

به فارسی صحبت کنیم؟ همین حالا وقت مشاوره بگیرید ←

Discuss Your Home's Value

With Team Asgarian, RE/MAX Hallmark Realty Ltd

Tell us where your home is. We'll call to talk through its value and your selling plans, free and with no obligation to list.

به فارسی صحبت کنیم؟ همین حالا وقت مشاوره بگیرید ←