Welcome to 40 Montana Ave. Solid-brick 3-bedroom, 2-bathroom bungalow situated on a 50' x 150' pool-sized lot in a highly desirable, family-oriented North York neighborhood.Enjoy an oversized detached 2-car garage plus a private driveway with parking for up to 10 vehicles. The private side entrance provides easy access to the basement, featuring a bedroom, family room, kitchen, bathroom and laundry. The spacious family room could easily be converted to create 2 additional bedrooms. Large cold-storage/cantina conveniently located beneath the front porch.Recent updates include:Freshly painted living room, dining room, kitchen, hallway & 3 bedrooms, Newer roof (2022)Newer broadloom in living room & hallway (2024) Excellent Location! Walk to TTC bus service and enjoy easy access to Jane St. and Wilson Ave. bus routes connecting to Wilson and Pioneer Village subway stations. Just minutes to York University, Highways 400 & 401, parks, schools, grocery stores, restaurants, medical clinics and recreation facilities. Sheridan Mall is approximately 5 minutes by car or 15 minutes on foot.A fantastic opportunity for families, investors, or buyers looking for a solid home on a premium-sized lot with excellent parking and convenient access to everything you need. Motivated seller - make an offer!
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,569 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 40 Montana Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Finished, Apartment
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Finished · Apartment
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
40 Montana Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,394
/mo
based on the purchase price of $1,098,000
$219,600 cash
$878,400 financed
$739,843 total interest
Principal54%$878,400
Interest46%$739,843
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $1.1M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4899.1%On average, homes sold at or above asking.
Active listings11,999Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,689 sales from Jul 15 – Oct 13, 2026 (6,631 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
40 Montana Ave is listed at $1,098,000 (MLS® W13674436). Summitly updates the price as soon as the MLS® record changes.
Is $1,098,000 a good price for 40 Montana Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 40 Montana Ave changed?
Yes — it was first listed at $1,188,000 and is now $1,098,000, a drop of $90,000 (7.6%).
How many bedrooms and bathrooms does 40 Montana Ave have?
40 Montana Ave has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Toronto.
Is 40 Montana Ave close to transit?
The nearest rapid-transit station is Weston GO Station (Kitchener GO, UP Express), about 2.4 km in a straight line. Mount Dennis Station is about 3.8 km, and Keelesdale Station is about 4.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 40 Montana Ave?
About $5,394 a month — principal and interest on $1,098,000 with 20% down ($219,600), 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.
Are there open houses at 40 Montana Ave?
Yes — Saturday, October 17, 2:00 PM – 4:00 PM; Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 40 Montana Ave compare with other homes in Toronto?
Its asking price of $1,098,000 is about 29% above the median sold price in Toronto over the last 90 days, $847,888, across 9,689 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 40 Montana Ave been sold before?
Summitly has no earlier MLS® sale or lease of 40 Montana Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Montana Ave?
40 Montana Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Montana Ave been on the market?
60 days — 40 Montana Ave was listed on August 14, 2026.
What is the price per square foot of 40 Montana Ave?
About $998 to $1,569 per square foot: the asking price of $1,098,000 over the 700–1,100 sq ft the listing gives as its size range.
