136 Spruce Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13454652
About this home
You have spent time looking at homes that require renovation, need a roof or need a furnace. After all of this running around, you've concluded that you just want to move in and spend the summer living. It's time you came to look at this meticulously renovated and lovingly maintained detached Cabbagetown home. Situated on an extra-wide lot, it offers the perfect blend of character, comfort, and thoughtful modern updates. Soaring 10-foot ceilings enhance the bright, open-concept main floor, while large windows fill the home with natural light, including the lower-level bedroom, which has a large above-grade window. Designed for everyday living, the home features a beautifully updated kitchen with an abundance of cupboards and drawers, built-in storage in the primary bedroom, and a versatile lower level with a separate entrance, dog wash station, and a spa-inspired bathroom complete with heated floors and a heated towel rack. Outside, enjoy a private fenced garden with mature perennials and a stunning white lilac tree. A powered garage plus an additional parking space provides the convenience of two-car parking. The extensive list of improvements includes underpinning with a new concrete foundation, a new roof, a new furnace, a new water main, newer A/C, and an owned tankless water heater. A rare turnkey opportunity where no detail has been overlooked, and every upgrade has been completed with long-term ownership in mind. Property classified as a duplex by MPAC. Open house Saturday July 24 2-4PM.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13454652
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 24.62 × 90 ft
- Cross streets
- Sumach and Gerrard
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Lane
- Basement
- Full, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Other
- Roof
- Tar and Gravel
- Sewer
- Sewer
- Property tax
- $8,832 / 2026
- Days on market
- 30
- Listing brokerage
- REAL ESTATE HOMEWARD
Rooms
2 pc bath · granite floor
stainless steel appl · granite counters · granite floor
b/i shelves · pot lights · w/o to garden
above grade window · closet organizers · pocket doors
4 Pc Bath
hardwood floor · open concept · gas fireplace
hardwood floor · w/o to yard · double doors
b/i shelves · w/o to balcony · double closet
granite floor · double closet
hardwood floor · juliette balcony · overlooks backyard
Laundry Sink
3 pc bath · semi ensuite · pocket doors
hardwood floor · juliette balcony · double closet
separate shower · b/i shelves
Listed at $1,749,900, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Cabbagetown-South St. James Town, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.18M, a close match.
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 $2.72M
- Bathrooms −$15K
- Adjusts to $2.70M
That comparable adjusts to $2.70M; the $2.30M estimate above is the median of all 5 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.
The assigned public school is Sprucecourt Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Gerrard St East at Sumach St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.30M, median of 5 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Income potential
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 13% below the area average of $899/sqft.
29 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cabbagetown-South St. James Town, 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: Gerrard St East at Sumach St, about 176 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 $1,399,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,470
- Property tax
- $736
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,206
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,473
- Toronto municipal land transfer tax
- $31,473
- Estimated closing costs
- $62,946
Plus your down payment of $349,980. 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
- $448,230
- Principal paid down
- $178,280
- Interest paid
- $269,949
- Balance remaining
- $1,221,640
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 REAL ESTATE HOMEWARD. MLS®/PropTx.