48 Shaftesbury Avenue, Toronto, ON
Rosedale-Moore Park, Toronto · MLS® C13064418
About this home
A rare opportunity in Toronto's established Summerhill neighbourhood, this custom-built semi-detached residence offers over 2,700 square feet of thoughtfully finished living space, defined by a clean architectural approach and a highly functional layout. Just steps to Yonge Street, boutique shopping, dining, and transit, the location supports a well-connected urban lifestyle. The home features 3+1 bedrooms, each with its own ensuite, along with 4.5 well-appointed bathrooms. The main level is designed for both everyday living and entertaining, with polished concrete floors, floor-to-ceiling windows, and a seamless open-concept layout that connects the kitchen, living, and dining areas. A direct walkout extends the interior to the rear patio, reinforcing the natural flow of the space. Upper levels are thoughtfully arranged, with two bedrooms on the second floor and a full-floor primary suite above, complete with a skylight, walk-in closet, and five-piece ensuite. The lower level adds flexibility with a fourth bedroom, full bathroom, and a media or recreation space. The exterior presents a composed brick façade with expansive glazing, while inside, Venetian plaster walls and custom millwork introduce warmth and texture, creating a cohesive and well-executed residence.
Key facts
- Property type
- Semi-Detached, 3-Storey
- MLS®
- C13064418
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 18.5 × 89.99 ft
- Cross streets
- Yonge & Summerhill
- Parking
- 0 parking
- Driveway
- None, Available
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $8,046 / 2025
- Days on market
- 78
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
walk-out · concrete floor · walk-out
3 pc ensuite · hardwood floor · closet
skylight · hardwood floor · 5 pc ensuite
stone counters · concrete floor · b/i fridge
3 pc bath · concrete floor · b/i closet
3 pc ensuite · hardwood floor · closet
b/i shelves · concrete floor
pot lights · concrete floor · window floor to ceiling
b/i shelves · concrete floor · pot lights
Listed at $2,299,000, this home is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.67M, lower than the comparables and worth a second look.
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 $2.40M
- Bathrooms +$15K
- Adjusts to $2.41M
That comparable adjusts to $2.41M; the $2.76M estimate above is the median of all 6 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 (Cottingham 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. Summerhill is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.76M, median of 6 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.
- Primary suite: a key comfort and resale feature.
- 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 3 closest active listings nearby.
See all comparable homesThis home lists 21% below the area average of $1,290/sqft.
74 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rosedale-Moore Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Summerhill, about 88 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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,839,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,815
- Property tax
- $671
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,485
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,950
- Toronto municipal land transfer tax
- $43,950
- Estimated closing costs
- $87,900
Plus your down payment of $459,800. 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
- $588,879
- Principal paid down
- $234,223
- Interest paid
- $354,657
- Balance remaining
- $1,604,977
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.