32 Belcourt Road, Toronto, ON
Mount Pleasant East, Toronto · MLS® C13062060
About this home
A once-in-a-generation offering in the heart of Davisville Village, this remarkable residence sits on one of the neighbourhood's most coveted streets. Boasting an exceptional 50-foot frontage, double the size of nearly all other lots in the area, its stately facade and rare detached garage create an immediate sense of arrival. With its superbly-insulated, double-brick construction, the house is of a build quality not available today. Cherished by the same family for over half a century, this is a home rich in character. Inside, a blend of classic charm and tasteful updates unfolds, where an arts-inspired aesthetic meets a two-storey rear addition designed for modern living. Featuring hardwood floors throughout, the main floor opens to a welcoming foyer. The formal living room, with fire-place, connects by double sliding doors to the dining room, ideal for entertaining, while a versatile sitting room functions beautifully as a study, music room or home office. At the rear, the renovated kitchen features abundant cabinetry and opens to a sun-filled family room with wall to wall windows and a walkout to the garden. The garden is a serene, natural oasis with lush, mature landscaping and a west-facing exposure for all-day sun. A discreet powder room completes the main level. The second floor with hardwood floors throughout features four well-proportioned bedrooms. The primary suite offers a walk-in closet and a bay window overlooking the front gardens. Additional bedrooms provide generous space and share a well-appointed four- piece bath. A rare third level adds two more bedrooms, an ideal setting for guests, teenagers, or a private workspace. The expansive lower level includes a workshop, storage, a bathroom and a separate walk-out entrance. Located in the Maurice Cody school district, and just steps to Bayview, Mount Pleasant, TTC, and nearby green space, this is a rare opportunity to own a character-filled home on an exceptional lot in a beloved community.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- C13062060
- Bedrooms
- 6
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 50 × 125 ft
- Cross streets
- Belsize Drive and Belcourt Road
- Parking
- 1 garage · 3 parking (detached)
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick, Vinyl Siding
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,530 / 2025
- Days on market
- 83
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Rooms
hardwood floor · closet · overlooks backyard
hardwood floor · eat-in kitchen · stainless steel appl
Hardwood Floor
hardwood floor · overlooks backyard
hardwood floor · walk-in closet(s) · bay window
hardwood floor · overlooks frontyard
hardwood floor · b/i shelves
hardwood floor · fireplace · bay window
hardwood floor · overlooks living
hardwood floor · closet
hardwood floor · closet · overlooks frontyard
hardwood floor · pot lights · bay window
Listed at $2,699,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Mount Pleasant East lately, sellers have been getting about 96% of asking and homes sell in about 24 days.
There were not many closely comparable homes right in Mount Pleasant East, so I widened the search to the surrounding area.
Based on 67 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 67 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.31M, a bit lower.
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 $3.40M
- Bedrooms +$60K
- Bathrooms −$30K
- Adjusts to $3.42M
That comparable adjusts to $3.42M; the $2.78M estimate above is the median of all 67 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.
Its public catchment (Northern Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Forman Avenue is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $2.78M, median of 67 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. Value driver
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 2% above the area average of $1,171/sqft.
82 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 OpenStreetMap contributors.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Forman Avenue, about 331 m away
Within a 15-minute (1.5 km) walk.
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 $2,159,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,522
- Property tax
- $961
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,483
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,950
- Toronto municipal land transfer tax
- $53,950
- Estimated closing costs
- $107,900
Plus your down payment of $539,800. 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
- $691,338
- Principal paid down
- $274,975
- Interest paid
- $416,363
- Balance remaining
- $1,884,225
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
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 ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.