80 Northcote Avenue, Toronto, ON
Little Portugal, Toronto · MLS® C13514426
About this home
Urban Oasis in Downtown Toronto! Stunning 2-storey detached home featuring 3+1 spacious bedrooms, 4 stylish washrooms, and a private backyard deck perfect for BBQs and entertaining. The huge detached garage comfortably fits 2 large vehicles plus additional storage. A rare bonus, the fully self-contained lower-level apartment currently generates $2,400/month in rental income and can remain tenanted, be delivered vacant, or easily be reintegrated into the main home if desired. The main residence is currently tenanted at $7,350/month, with tenants scheduled to vacate August 31, offering excellent flexibility for investors or end users. Ideally located steps from cafes, boutiques, restaurants, and green spaces. Privacy, style, income potential, and convenience all in one exceptional property. Book your showing today!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13514426
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 20 × 113 ft
- Cross streets
- Queen & Beaconsfield
- Parking
- 25 garage (detached)
- Driveway
- None
- Basement
- Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,710 / 2025
- Days on market
- 15
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · window · b/i closet
2 pc bath · marble counter
hardwood floor · window · b/i closet
b/i appliances · large closet · laundry sink
4 pc bath · renovated · b/i vanity
hardwood floor · his and hers closets · large window
hardwood floor · fireplace · overlooks backyard
hardwood floor · eat-in kitchen · combined w/living
hardwood floor · granite counters · w/o to yard
hardwood floor · window · closet
hardwood floor · large window · combined w/dining
Listing history
- Jul 7, 2026Listed$7,200
- Jul 2, 2026Listed$2,300
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $2,395,000, this home is about 4% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Little Portugal, 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 $2.15M, 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.
Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior 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. Dufferin St at Alma Ave 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Weigh carefully
- 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 18% above the area average of $899/sqft.
14 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Little Portugal, 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: Dufferin St at Alma Ave, about 192 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 $1,916,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,224
- Property tax
- $726
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,950
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,350
- Toronto municipal land transfer tax
- $46,350
- Estimated closing costs
- $92,700
Plus your down payment of $479,000. 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
- $613,469
- Principal paid down
- $244,003
- Interest paid
- $369,466
- Balance remaining
- $1,671,997
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.