641 St Clair Avenue, Toronto, ON
Wychwood, Toronto · MLS® C13091266
About this home
Positioned mid-block along one of Toronto's most established neighbourhood corridors, this two-storey mixed-use building presents a balance of flexibility, opportunity and long-term relevance through its adaptable configuration and full vacancy. The modernized ground floor offers an uninterrupted open plan with a glazed storefront that establishes a strong relationship to the street. Direct access to a full lower level expands the building's functional footprint, while the rear laneway and parking introduce a level of practicality ideal for a range of uses, including retail, office, studio, wellness, private practice and professional service. The second floor retains a quieter character with a self-contained 2 bedroom apartment that offers the cadence of a residential floor plan set above the rhythm of the street below. Open living spaces, a full kitchen, generous natural light and a walkout to the roof create a sense of openness that exceeds the building's modest scale. The apartment invites thoughtful reinterpretation, with the potential to expand or reimagine the upper level. The configuration lends itself naturally to a live-work model for an owner-occupier or an entrepreneur looking to integrate business and residential use across both floors, while also presenting a clear opportunity for investors pursuing long-term value-add repositioning. Quietly central and defined more by possibility than prescribed use, the property brings together full vacancy, mixed-use flexibility, and future scale potential within a neighbourhood that continues to evolve without losing the texture that defines it. Anchored by the surrounding communities of Wychwood, Humewood and Casa Loma, this stretch of St. Clair West draws from a midtown population rooted in daily use. Independent cafés, bakeries, retail, and longstanding local businesses shape a streetscape that feels established. Nearby, the Wychwood Barns reinforces the area's creative and community-oriented identity.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- C13091266
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 14.75 × 116.58 ft
- Cross streets
- St Clair W + Wychwood Ave
- Parking
- 1 parking
- Basement
- Full, Walk-Out, Unfinished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Flat
- Property tax
- $12,891 / 2025
- Days on market
- 78
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
window floor to ceiling · north view
large window · north view
Open Concept
open concept · walk-out
Listed at $1,599,000, and my independent estimate is right in line with comparable homes.
In Wychwood lately, sellers get about 98% of asking; homes sell in ~31 days.
Total price vs nearby homes. Fair value about $1.63M, median of 5 comparables.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.22M, higher than the comparables and worth a second look.
Schools & getting aroundcatchment and transit
The assigned public school is Oakwood Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Wychwood, so I widened the search to the surrounding area.
Based on 5 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 34% below the area average of $1,084/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wychwood, 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 24, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,826
- Property tax
- $1,074
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,901
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. 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
- $409,577
- Principal paid down
- $162,906
- Interest paid
- $246,671
- Balance remaining
- $1,116,294
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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.