Name: 31 Monterrey Drive
SKU: W13756670
Price: 950000 CAD
Availability: InStock

3 Bed, 2 Bath Detached Home in Toronto

About 31 Monterrey Drive

Renovated 3 Bedroom Bungalow with 2 Bedroom Basement apartment (separate entrance). This inviting house offers a spacious eat-in kitchen, 2 piece ensuite Master Bedroom, bright living and dining rooms, the large window in living room fill the home with natural light. 3 generously sized bedrooms provide comfortable family living, while the 2 Bedroom basement adds valuable space with a family living room. The house Set on a large lot (45 feet) in a convenient location close to schools, shopping, the Toronto International Airport and major highways. A wonderful opportunity to own a truly cherished home. The house has gone through several upgrades through out the years. The recent upgrade includes, Flooring with Engineered Hardwood in main floor (2026), the whole house freshly painted, renovation of Kitchen, driveway and Deck. Also the furnace (2025), Water Filter (2025), Roof (2022), Carport (2022), Garden shed (2024).

3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $864 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 31 Monterrey Dr

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow-Raised
Living space: 1100-1500 sq ftas stated on the listing
Parking: 5 spacesYes garage
Basement: Apartment, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 5

Interior

Basement: Apartment · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow-Raised
Property class: Detached

31 Monterrey Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® W13756670−$25,000 (2.6%)$950,000
Sep 8, 2026For saleListedThis listingMLS® W13756670$975,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 31 Monterrey Dr Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,081,109
Average days on market: 31
Homes sold: 9,511

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,395Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.

Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home31 Monterrey Drive 3 bd · 2 ba · 1,100 sqft	$950,000asking	$864	—	—
59 De Vere Gardens 5 bd · 4 ba · 3,500 sqft
300 Parkview Avenue 5 bd · 5 ba · 3,500 sqft
16 Chipping Road 3 bd · 3 ba · 2,500 sqft
149 Lascelles Boulevard 3 bd · 1 ba · 1,100 sqft
61 Hanna Road 4 bd · 1 ba · 2,000 sqft
148 Scarboro Crescent 3 bd · 3 ba · 1,500 sqft

59 De Vere Gardens
5 bd · 4 ba · 3,500 sqft
300 Parkview Avenue
5 bd · 5 ba · 3,500 sqft
16 Chipping Road
3 bd · 3 ba · 2,500 sqft
149 Lascelles Boulevard
3 bd · 1 ba · 1,100 sqft
61 Hanna Road
4 bd · 1 ba · 2,000 sqft
148 Scarboro Crescent
3 bd · 3 ba · 1,500 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Rowntree Mills StationLine 6540 m7 min walk
Mount Olive StationLine 6840 m10 min walk
Pearldale StationLine 6930 m12 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Rowntree Mills Station (Line 6)7 min walk
Mount Olive Station (Line 6)10 min walk
Pearldale Station (Line 6)12 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Rowntree Mills Station
540 m7 minClosest· Line 6
Homes near Rowntree Mills Station
Mount Olive Station
840 m10 min· Line 6
Homes near Mount Olive Station
Pearldale Station
930 m12 min· Line 6
Homes near Pearldale Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 31 Monterrey Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 31 Monterrey Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,667; 20% down · 25 years · 5.5% assumed
Property tax: $523; 0.66% mill rate · ON
Total per month: $5,190; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$4,667

/mo

based on the purchase price of $950,000

Down payment20%

$190,000 cash

Amortization25 yr

$760,000 financed

Rate5.50%

$640,119 total interest

Principal54%$760,000

Interest46%$640,119

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 31 Monterrey Dr

How much is 31 Monterrey Dr listed for?

31 Monterrey Dr is listed at $950,000 (MLS® W13756670). Summitly updates the price as soon as the MLS® record changes.

Is $950,000 a good price for 31 Monterrey Dr?

Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 31 Monterrey Dr changed?

Yes — it was first listed at $975,000 and is now $950,000, a drop of $25,000 (2.6%).

How many bedrooms and bathrooms does 31 Monterrey Dr have?

31 Monterrey Dr has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Toronto.

Is 31 Monterrey Dr close to transit?

The nearest rapid-transit station is Rowntree Mills Station (Line 6), about 540 m (about a 7-minute walk) in a straight line. Mount Olive Station is about 840 m (about a 10-minute walk), and Pearldale Station is about 930 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 31 Monterrey Dr?

About $4,667 a month — principal and interest on $950,000 with 20% down ($190,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 31 Monterrey Dr compare with other homes in Toronto?

Its asking price of $950,000 is about 13% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 31 Monterrey Dr been sold before?

Summitly has no earlier MLS® sale or lease of 31 Monterrey Dr on record from the last two years. Older records aren't shown under TRREB rules.

Where is 31 Monterrey Dr?

31 Monterrey Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 31 Monterrey Dr been on the market?

48 days — 31 Monterrey Dr was listed on September 8, 2026.

What is the price per square foot of 31 Monterrey Dr?

About $633 to $864 per square foot: the asking price of $950,000 over the 1,100–1,500 sq ft the listing gives as its size range.

Does 31 Monterrey Dr have parking or a garage?

Yes — the listing gives 5 parking spaces. Garage: Yes.

31 Monterrey Dr, Toronto

What you should know

3 Bed, 2 Bath Detached Home in Toronto

About 31 Monterrey Drive

Inside 31 Monterrey Dr

Features & systems

31 Monterrey Dr Price & Sale History

How 31 Monterrey Dr Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 31 Monterrey Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Monterrey Drive? See what yours is worth

Zara, any time

A licensed local agent

See 31 Monterrey Dr, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

3 Bed, 2 Bath Detached Home in Toronto

About 31 Monterrey Drive

Inside 31 Monterrey Dr

Features & systems

31 Monterrey Dr Price & Sale History

How 31 Monterrey Dr Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 31 Monterrey Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Monterrey Drive? See what yours is worth

Zara, any time

A licensed local agent

See 31 Monterrey Dr, Toronto in person

Questions About 31 Monterrey Dr

How much is 31 Monterrey Dr listed for?

Is $950,000 a good price for 31 Monterrey Dr?

Has the price of 31 Monterrey Dr changed?

How many bedrooms and bathrooms does 31 Monterrey Dr have?

Is 31 Monterrey Dr close to transit?

How much would the monthly mortgage be on 31 Monterrey Dr?

How does 31 Monterrey Dr compare with other homes in Toronto?

Has 31 Monterrey Dr been sold before?

Where is 31 Monterrey Dr?

How long has 31 Monterrey Dr been on the market?

What is the price per square foot of 31 Monterrey Dr?

Does 31 Monterrey Dr have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 31 Monterrey Dr

How much is 31 Monterrey Dr listed for?

Is $950,000 a good price for 31 Monterrey Dr?

Has the price of 31 Monterrey Dr changed?

How many bedrooms and bathrooms does 31 Monterrey Dr have?

Is 31 Monterrey Dr close to transit?

How much would the monthly mortgage be on 31 Monterrey Dr?

How does 31 Monterrey Dr compare with other homes in Toronto?

Has 31 Monterrey Dr been sold before?

Where is 31 Monterrey Dr?

How long has 31 Monterrey Dr been on the market?

What is the price per square foot of 31 Monterrey Dr?

Does 31 Monterrey Dr have parking or a garage?