What they're asking vs what we value it at — with the area benchmark for context.
Benchmark $1,053,000
Typical low · $1,000,000Typical high · $1,105,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for detached homes in Gorham-College Manor (TRREB HPI, June 2026), a market reference — not this home's exact value.
About this home
Attention Investors & Savvy Homebuyers! Incredible turnkey income property showcasing approx. 2,800 sq ft of total finished living space. This exceptionally well-maintained home features an ideal layout with excellent, stable tenants already in place generating gross rental income of $4,500/month (Upstairs: $2,600, Lower: $1,900). The bright and spacious principal residence features an updated kitchen (2016), neutral decor, and vinyl windows. The lower level boasts a fantastic basement apartment with a separate kitchen (2016). Enjoy peace of mind with extensive big-ticket upgrades: Brand New Deck, A/C (2022), Furnace (2019), and Shingles replaced 8 years ago. A rare, high-yield asset in a prime location. Nothing to do but collect rent!
Property details
Listed on
July 11, 2026
Days on market
19 days
Property tax
$5,466 (2025)
Lot
50 × 110 Feet
Style
Backsplit 5
Rooms
10
Heating
Forced Air
Cooling
Central Air
MLS®
N13552240
Full details
Parking
GarageAttached
Total parking6
Parking featuresPrivate
Room dimensions
Room
Level
Dimensions
Features
Dining Room
Main
4.69 x 3.99
Laminate, Large Window, Combined w/Living
Living Room
Main
3.99 x 2.96
Laminate
Kitchen
Main
5.73 x 3.05
Ceramic Floor, Backsplash, Overlooks Family
Primary Bedroom
Upper
4.42 x 3.35
Laminate, Closet
Bedroom 2
Upper
3.84 x 2.84
Laminate, Closet
Bedroom 3
Upper
3.23 x 2.77
Laminate, Closet
Bedroom 4
In Between
3.66 x 2.78
Laminate, Closet
Family Room
In Between
6.65 x 3.69
Hardwood Floor, Fireplace, W/O To Deck
Laundry
Lower
2.89 x 2.89
Linoleum
Recreation
Lower
7.35 x 6.34
Laminate
Utility Room
Basement
6.80 x 4.21
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Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.6% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$17,473
Legal · title · inspection$2,800
Closing costs$20,273
Down payment$209,980
Total cash to close$230,253
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
Neighbourhood market
The Gorham-College Manor market
How homes are selling here right now — sold data for July 2026.