40 Tealham Dr is a 3-bedroom, 2-bathroom detached home in Toronto, listed for $929,900. It has 1100-1500 sq ft of living space.
1Spacious Move-In-Ready Bungalow with Income Potential!Discover this spacious, move-in-ready bungalow featuring a beautifully updated modern kitchen, porcelain tile flooring, and appliances.
2BasementSeparate Entrance, as described in the listing.
Spacious Move-In-Ready Bungalow with Income Potential!Discover this spacious, move-in-ready bungalow featuring a beautifully updated modern kitchen, porcelain tile flooring, and appliances. Enjoy generously sized bedrooms, well-maintained floors, bright pot lights, and oversized windows that fill the home with natural light.The fully finished basement offers excellent investment potential, featuring a large living area and two additional bedrooms. The existing bar area offers the potential to be converted into a kitchen, subject to applicable approvals.Conveniently located just minutes from Humber College, this home is close to parks, public transit, shopping, and dining, with easy access to major highways for a convenient commute.Perfect for homeowners, investors, or multi-generational families looking for space, comfort, and income potential!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $845 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 40 Tealham 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
3 spacesYes garage
Basement
Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
40 Tealham Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14133200$929,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 40 Tealham Dr Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$4,568
/mo
based on the purchase price of $929,900
$185,980 cash
$743,920 financed
$626,576 total interest
Principal54%$743,920
Interest46%$626,576
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.
For homeowners nearby
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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 2–4 bed homes for sale in Toronto around $930K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,553Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 40 Tealham Dr
How much is 40 Tealham Dr listed for?
40 Tealham Dr is listed at $929,900 (MLS® W14133200). Summitly updates the price as soon as the MLS® record changes.
Is $929,900 a good price for 40 Tealham 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 40 Tealham Dr changed?
No — 40 Tealham Dr is still listed at its original asking price of $929,900.
How many bedrooms and bathrooms does 40 Tealham Dr have?
40 Tealham 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.
How much would the monthly mortgage be on 40 Tealham Dr?
About $4,568 a month — principal and interest on $929,900 with 20% down ($185,980), 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 40 Tealham Dr compare with other homes in Toronto?
Its asking price of $929,900 is about 11% above the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 Tealham Dr been sold before?
Summitly has no earlier MLS® sale or lease of 40 Tealham Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Tealham Dr?
40 Tealham Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Tealham Dr been on the market?
1 day — 40 Tealham Dr was listed on October 29, 2026.
What is the price per square foot of 40 Tealham Dr?
About $620 to $845 per square foot: the asking price of $929,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 40 Tealham Dr have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 40 Tealham Dr have a basement, and is it finished?
The listing describes the basement as: Separate Entrance.
