Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

38 Connaught Avenue, Toronto, ON M2M 1G6

5 beds · 7 baths · 1 kitchen · 10 rooms · 4 parking spaces · 3500-5000 sq ft · Detached
$2,299,000
Property tax
$11,613 / year

Walk to Yonge st, TTC, Shops, Tim Hortons, Custom Built Luxurious Home In Highly Sought After Location! Double Entrance Door With Iron And Murano Glass, Family Size Kitchen W/Granite Counter And B/I Appliances, Crown Molding, Pot lights, Huge Hallway 2nd Floor W/Skylight, Open Riser Stairs, Marble Flooring In Foyer,4 Bedrooms Have their Own Bathrooms And W/In Closets Perfect For Big Family, Master bedroom W /6Pc Ensuite-Double Vanity, Jacuzzi Tub, Bidet And Two Closets, Huge Backyard And Deck. Separate Entrance To The Bsmt.

MLS number
C13696146
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
7
Postal code
M2M 1G6
Photos
3
Laundry
Not in the unit
24days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

R J Lang Elementary and Middle School6.0 / 10
Elementary · Regular Track
TDSB boundary
Newtonbrook Secondary School6.9 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Unionville International AcademySecondary256 mNot reported
Unionville AcademySecondary256 mNot reported
Drewry Secondary School
Toronto DSB
Secondary265 mNot reported
Alpha Quality Education IncSecondary291 mNot reported
Toronto International SchoolSecondary328 mNot reported
ÉSC Monseigneur-de-Charbonnel
CS catholique MonAvenir
Secondary429 m7.8 / 10
78% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Newtonbrook West122 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$1.08M$1.70M$2.32M20252026this home’s asking price
$1.20Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
94%97%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d17d34d20252026
20dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in newtonbrook west. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 722 people.

$92,000Median household income
71.4%Own their home
80%Detached houses
43.6Median age
59.1%Born outside Canada
32.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35202511 — the few blocks around this address, home to 722 people. It describes the area, not this property.

722Population
44.4Average age
2.9Household size
$111,000Average household income
$92,000Median household income
71%Own their home
29%Rent
0%Condominiums
59%Born outside Canada
32%University degree
$1,620,000Average home value
15%Low income
81%Not in the labour force
40%Never married
Under $5,0001%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over31%
$100,000 to $124,9999%
$125,000 to $149,9994%
$150,000 to $199,9999%
$200,000 and over9%

Percentages are of the 350 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$459,800 · minimum here is $459,800
$10,179.47per month
Borrowed before insurance$1,839,200
Total borrowed$1,839,200
Interest over 25 years at 4.5%$1,214,642

If you rented it out

-$11,147.22per month out of pocket
Rent$0.00
Everything it costs to hold$11,147.22
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

5949 YONGE ST441 m
Under Review · applied October 15, 2024

Draft Plan of Condo Application to convert existing 118 residential co-ownership units into condominium units.

City planning file →
41 CENTRE AVE390 m
Under Review · applied July 20, 2022

The development proposal consists of 146 units within four, 4-storey buildings. Blocks A, B and C front onto Centre Avenue with Block D in the south portion of the site connected to the streetscape.…

City planning file →
20 CENTRE AVE268 m
Under Review · applied April 29, 2022

Proposal for a 12-storey mid-rise building with 510 residential units and 388 parking spaces. The development includes 37,910 square metres of residentia GFA and 81 square metres of retail GFA, for a total density of 4.54 FSI.

City planning file →
9 MADAWASKA AVE315 m
Council Approved · applied January 27, 2022

Official Plan and Zoning By-law Amendment to facilitate the redevelopment of the site for two 14-storey mixed-use buildings having a total gross floor area of 29.476 square metres. A total of 457 residential dwelling units are proposed.

City planning file →
9 MADAWASKA AVE315 m
Under Review · applied January 27, 2022

Site Plan Control Application to facilitate the redevelopment of the site for two 14-storey mixed-use buildings having a total gross floor area of 29.476 square metres. A total of 457 residential dwelling units are proposed.

City planning file →
11 MOORE PARK AVE258 m
Under Review · applied December 31, 2021

Site plan approval application to facilitate the redevelopment of the site for a 16-storey mixed use building with a gross floor area of 24,533.6 square metres, including 386 square metres of non-residential space. A total of 356 dwelling units are proposed.…

City planning file →
11 HOMEWOOD AVE52 m
Under Review · applied November 3, 2021

*** Draft plan of condominium for 259 units.

City planning file →
5995 YONGE ST310 m
Under Review · applied November 3, 2021

***

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by REAL WORLD REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.