52 Heydon Park Road, Toronto, ON

Little Portugal, Toronto · MLS® C13018394

$2,175,000
For Sale
Listed 88 days ago
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7Bedrooms
6Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Welcome to 52 Heydon Park Road, a beautifully maintained investment property gutted and rebuilt in the mid 90's features 5 self-contained apartments with 4 separate hydro meters on a 400amp service, basement underpinned with over 7 foot ceilings . Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a walk-out balcony with great views, while keeping the 4 lower rental units to off set mortgage payments. The property is fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained, with separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn key investment with very low interior and exterior maintenance, in a fantastic location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13018394
Bedrooms
7 (5 + 2)
Bathrooms
6
Size
2000-2500
Lot
29 × 90 ft
Cross streets
College/Dovercourt
Parking
2 garage · 4 parking (detached)
Driveway
Private
Basement
Apartment, Separate Entrance
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,562 / 2025
Days on market
88
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

BedroomBasement3.35 × 3.35 m

walk-in closet(s) · parquet

Primary BedroomSecond4.51 × 3.71 m

closet · parquet

BedroomBasement3.35 × 3.23 m

double closet · laminate

Mud RoomMain3.23 × 1.70 m

walk-out · ceramic floor

Living RoomBasement3.96 × 3.35 m

combined w/kitchen · laminate

BedroomSecond3.05 × 2.68 m

closet · parquet

KitchenMain4.63 × 3.77 m

eat-in kitchen · ceramic floor · window

Living RoomMain3.84 × 3.26 m

bay window · parquet · brick fireplace

KitchenBasement3.96 × 3.35 m

renovated · laminate

Living RoomSecond5.66 × 3.66 m

marble fireplace · w/o to balcony · parquet

KitchenSecond4.17 × 3.14 m

eat-in kitchen · ceramic floor

BedroomMain3.41 × 3.20 m

large closet · parquet

Living RoomBasement4.75 × 3.16 m

above grade window · parquet

BedroomMain3.29 × 2.71 m

parquet · closet

Living RoomMain4.67 × 3.77 m

combined w/kitchen · ceramic floor · window

KitchenBasement3.35 × 2.62 m

eat-in kitchen · laminate

KitchenMain3.98 × 3.71 m

family size kitchen · large window · ceramic floor

LaundryBasement3.05 × 2.68 m

Walk-Out

BedroomSecond3.74 × 2.16 m

closet · parquet

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.84Mest. value

Listed at $2,175,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.91M, 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, listed at $1.80M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.84M

That comparable adjusts to $1.84M; the $1.84M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Ossington/Old Orchard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. College St at Havelock St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.31MGreat deal$4.23MOverpriced

Total price vs nearby homes. Fair value about $1.84M, median of 9 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Value driver
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.33Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

12 Bingley Road$1000k10B Holmstead Avenue$1.80M49 Butterworth Avenue$1.39M65 Becca Hall Trail$1.15M

The 4 closest active listings nearby.

See all comparable homes
2.17MThis home1000k1.80M1.39M1.15MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1.80M
$967this home / sqft
9active listings nearby
88days on market

This home lists 1% below the area average of $976/sqft.

87 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Little Portugal, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

86/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: College St at Havelock St, about 128 m away

20+ transit stops13 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Alderwood
$998K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ossington/Old Orchard Junior Public School
88%
Ossington/Old Orchard Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 88% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$9,913/mo
$405KIncome needed
5.4×Price ÷ income
$2,288Weekly cost
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $9,913Property tax $797Total carry $10,710

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,285per month

Mortgage amount $1,740,000 · 4.14% over 25 years

$435,000Down payment (20.0%)
$1,740,000Loan before insurance
$0CMHC premium
$10,082Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,285
Property tax
$797
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,082

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$40,850
Toronto municipal land transfer tax
$40,850
Estimated closing costs
$81,700

Plus your down payment of $435,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,278/monthPayment at the qualifying rate

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

$1,045,586Total interest paid
$2,785,586Total of all payments
Principal $1,740,000 Interest $1,045,586
YearPrincipalInterestBalance
1$40,762$70,661$1,699,238
2$42,467$68,956$1,656,771
3$44,244$67,180$1,612,527
4$46,094$65,329$1,566,433
5$48,022$63,401$1,518,411
6$50,031$61,392$1,468,380
7$52,124$59,300$1,416,256
8$54,304$57,120$1,361,952
9$56,575$54,848$1,305,377
10$58,942$52,482$1,246,435
11$61,407$50,016$1,185,028
12$63,976$47,448$1,121,052
13$66,652$44,772$1,054,400
14$69,440$41,984$984,960
15$72,344$39,079$912,616
16$75,370$36,053$837,245
17$78,523$32,900$758,722
18$81,808$29,616$676,915
19$85,229$26,194$591,685
20$88,794$22,629$502,891
21$92,509$18,915$410,382
22$96,378$15,045$314,004
23$100,409$11,014$213,595
24$104,609$6,814$108,985
25$108,985$2,438$0

At the end of your 5-year term

Total paid over the term
$557,117
Principal paid down
$221,589
Interest paid
$335,528
Balance remaining
$1,518,411

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
1.6%Est. cap rate

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 numbers

Estimates 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.

2.3%
Gross yield
− Property tax $9,562− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $33,894

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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