181 Rumsey Road, Toronto, ON
Leaside, Toronto · MLS® C13491198
About this home
Custom built and well-designed home that captures timeless contemporary architecture and a floor plan designed for versatile family living. Situated on a prime 33' x 134' lot in the heart of Leaside. Modern interiors, 9 foot ceilings and hardwood floors on main & second floor, clean architectural lines, and minimalist trim. Spacious living & dining room are anchored by a wood burning fireplace. Designed for everyday family living & entertaining, the kitchen has shaker style maple cabinetry, oversized island topped in Quartz that seats 6, breakfast area, spacious built-in desk functions as an office nook/homework station. Family room with a wall of windows, gas fireplace, custom built-ins, powder room and walk out to the garden. Second floor is highlighted by a large skylight, a custom wood staircase with adonized aluminum detailing. Spacious primary suite features a wall of windows, sitting area, and a 4 piece ensuite, separate shower and soaker tub. Three additional well-proportioned bedrooms with excellent closet space & a large 4 piece bathroom. Lower level was designed to provide exceptional versatility with changing family dynamics in mind. Currently used as an extension of the family's living space, it can function as a fully self-contained suite; ideal for extended family, a young adult transitioning toward independent living while remaining home, live-in nanny, or income producing suite. Features: living/dining, full kitchen, separate entrance, bedroom with large windows, and three piece bath; or use the space as the current owner does-recreation room with kitchen for entertaining. Fully fenced garden with flagstone patio, perennial plantings, & garden shed with brick detailing/contemporary horizontal wood. Exceptional walkability to Bayview and Laird amenities, Leaside LRT stop, school catchment area of Bessborough Elemen & Middle, Leaside High, St. Anselm Catholic. A home that combines exceptional design, generous living space, and an enviable location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13491198
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 33 × 134 ft
- Cross streets
- South of Parkhurst, West of McRae Dr.
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $13,014 / 2026
- Days on market
- 22
- Listing brokerage
- ROYAL LEPAGE/J & D DIVISION
Rooms
w/o to garden · b/i desk · hardwood floor
centre island · family size kitchen · pantry
double closet · hardwood floor
w/w closet · w/o to garden
mirrored closet · slate flooring
side door · pot lights · above grade window
4 pc ensuite · walk-in closet(s) · hardwood floor
double closet · broadloom
double closet · double closet · hardwood floor
Open Concept
Laundry Sink
Renovated
fireplace · open concept · hardwood floor
double closet · hardwood floor
4 pc ensuite · walk-in closet(s) · hardwood floor
combined w/living · hardwood floor
Listed at $2,750,000, 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.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.10M, 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, listed at $4.39M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $4.35M
That comparable adjusts to $4.35M; the $3.63M estimate above is the median of all 10 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.
On schools, this address is zoned for Bessborough Drive Elementary and Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. McRae Dr at Rumsey Rd 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 $3.63M, median of 10 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- 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 26% below the area average of $1,359/sqft.
21 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Leaside, 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: McRae Dr at Rumsey Rd, about 144 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 $2,200,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,740
- Property tax
- $1,085
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,825
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $55,225
- Toronto municipal land transfer tax
- $55,225
- Estimated closing costs
- $110,450
Plus your down payment of $550,000. 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
- $704,401
- Principal paid down
- $280,171
- Interest paid
- $424,230
- Balance remaining
- $1,919,829
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 ROYAL LEPAGE/J & D DIVISION. MLS®/PropTx.