53 Alameda Avenue, Toronto, ON
Oakwood Village, Toronto · MLS® C12865802
About this home
Custom Built Legal Triplex, Boasting High-End Finishes. A Luxury and Practical two storey unit on second. & third floor W/ 4 Bdrms, Very Bright & Airy, Featuring High Ceilings, Large Windows, Open Concept with Gourmet Kitchen & Large Centre Island, Perfect for Entertaining, Pot Lights & Wide Plank Hardwoods Throughout, Generous Size Primary Bdrm W/ 5 Pc Spa Ensuite, Perfect to be Owner Occupied. While Collecting Rent from the other units. Main Floor & Lower Level Units Feature 2 Bedrooms Unit, Open Concept W/ High Ceilings. Live in the upper unit while generating rental income $$$ from other units. Walking distance to Parks, Public Transit, Shopping Etc. All Units have Been Soundproofed & Have separate Heating/Cooling Systems & Hydro Meters. **EXTRAS** Fantastic neighbourhood, Walking distance to Leo Baeck School, Walking to shops/restaurants of Eglinton and St. Clair West, Cedarvale Ravine/Park Nature Trails, Outdoor Tennis Courts, Sport Fields, & Off Leash Dog Park. Short Walk To TTC & Eglinton LRT.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C12865802
- Bedrooms
- 8 (6 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 25.25 × 132 ft
- Cross streets
- Eglinton/Allen
- Parking
- 3 parking
- Driveway
- Mutual
- Basement
- Apartment, Separate Entrance
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Metal/Steel Siding, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Flat, Metal
- Sewer
- Sewer
- Property tax
- $10,067 / 2025
- Days on market
- 134
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
centre island · b/i appliances
hardwood floor · closet
pot lights · large window
walk-in closet(s) · hardwood floor · 5 pc ensuite
pot lights · hardwood floor
w/o to deck · pot lights · hardwood floor
closet · large window
hardwood floor · picture window · closet
combined w/dining · pot lights · stainless steel appl
hardwood floor · pot lights · picture window
closet · walk-out
Listed at $2,499,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Oakwood Village lately, sellers have been getting about 93% of asking and homes sell in about 20 days. Prices are up 62% versus a year ago.
There were not many closely comparable homes right in Oakwood Village, so I widened the search to the surrounding area.
Based on 31 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 31 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.13M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $1.33M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.38M
That comparable adjusts to $1.38M; the $2.20M estimate above is the median of all 31 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is J R Wilcox Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $2.20M, median of 31 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 4% below the area average of $951/sqft.
133 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Oakwood Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,999,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,668
- Property tax
- $839
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,507
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,950
- Toronto municipal land transfer tax
- $48,950
- Estimated closing costs
- $97,900
Plus your down payment of $499,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $640,108
- Principal paid down
- $254,599
- Interest paid
- $385,510
- Balance remaining
- $1,744,601
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.