429 Gilbert Ave is a 2-bedroom, 2-bathroom detached home in Toronto, listed for $799,000. It has 700-1100 sq ft of living space.
1Let's not forget the finished basement featuring a separate entrance, additional bedroom, kitchen, living space, bathroom and its own laundry.
2Outside, enjoy an expansive backyard with plenty of room for entertaining, summer BBQs, gardening, family activities or exploring future development opportunities.
An Incredible Opportunity on a Generous 25 x 142 Ft Lot in a Family-Friendly Toronto Neighbourhood! This beautifully updated, fully detached home offers the perfect combination of modern living, income potential and exciting future development possibilities! See report highlighting the potential for a 2-storey garden suite of up to 1,291 sq. ft., conversion of the existing home into multiple units, or a new multiplex development with potential for up to 6 units. Whether you're looking to live in, rent out, expand or build, the possibilities are impressive! Step inside to a bright, open-concept layout featuring modern finishes and a functional design with virtually no wasted space. A main-floor laundry hookup adds even more flexibility. Let's not forget the finished basement featuring a separate entrance, additional bedroom, kitchen, living space, bathroom and its own laundry. Outside, enjoy an expansive backyard with plenty of room for entertaining, summer BBQs, gardening, family activities or exploring future development opportunities. Covered carport parking adds everyday convenience. Located on a quiet, family-friendly street just steps to the Eglinton LRT, Bert Robinson Park, schools, shopping and amenities. A rare opportunity to enjoy a move-in-ready detached home today while exploring the potential of this impressive lot for tomorrow! Report available for review, Buyers to conduct their own due diligence.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,141 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 429 Gilbert Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
429 Gilbert Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14122536$799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 429 Gilbert Ave 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
$3,925
/mo
based on the purchase price of $799,000
$159,800 cash
$639,200 financed
$538,374 total interest
Principal54%$639,200
Interest46%$538,374
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 2–3 bed homes for sale in Toronto around $799K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4966.8%On average, homes sold at or above asking.
Active listings12,836Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.
Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 429 Gilbert Ave
How much is 429 Gilbert Ave listed for?
429 Gilbert Ave is listed at $799,000 (MLS® W14122536). Summitly updates the price as soon as the MLS® record changes.
Is $799,000 a good price for 429 Gilbert 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 429 Gilbert Ave changed?
No — 429 Gilbert Ave is still listed at its original asking price of $799,000.
How many bedrooms and bathrooms does 429 Gilbert Ave have?
429 Gilbert Ave has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Toronto.
How much would the monthly mortgage be on 429 Gilbert Ave?
About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), 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 429 Gilbert Ave compare with other homes in Toronto?
Its asking price of $799,000 is about 5% below the median sold price in Toronto over the last 90 days, $840,000, across 9,552 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 429 Gilbert Ave been sold before?
Summitly has no earlier MLS® sale or lease of 429 Gilbert Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 429 Gilbert Ave?
429 Gilbert Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 429 Gilbert Ave been on the market?
429 Gilbert Ave was listed today (October 27, 2026).
What is the price per square foot of 429 Gilbert Ave?
About $726 to $1,141 per square foot: the asking price of $799,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 429 Gilbert Ave have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 429 Gilbert Ave have a basement, and is it finished?
The listing describes the basement as: Finished, Separate Entrance.
