55 Shirley Street, Toronto, ON

Little Portugal, Toronto · MLS® C13552430

$1,195,000
For Sale
Listed 6 days ago
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3Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Welcome to this beautifully renovated home, extensively updated from top to bottom with quality craftsmanship and modern finishes throughout. Renovated between 2023 and 2026, nearly every major component has been upgraded, offering stylish, move-in-ready living with peace of mind. Inside, you'll find new flooring throughout, a stunning new kitchen, and fully renovated bathrooms on both the upper level and basement, complete with updated plumbing. A sleek glass balustrade adds a contemporary touch, while the finished basement features new flooring, pot lights, new windows, a separate front entrance, and a fire-rated entry door, creating versatile additional living space. The home also features 200-amp ESA-approved electrical service, updated washroom plumbing with a dedicated upper-level washer and dryer connection, most new windows throughout the home, a new patio door, and a high-efficiency heat pump and air conditioning system for year-round comfort, complemented by a newer rental hot water tank. New vinyl siding, a brand-new front veranda, a new rear veranda, and a stylish front entry door, delivering outstanding curb appeal. Enjoy exceptional connectivity with the UP Express within walking distance, the future Lansdowne GO Station adding even greater transit access, and both the Dundas and College streetcars just a five-minute walk away for an easy downtown commute. You'll also be steps from grocery stores, including one of the city's best No Frills locations, and an outstanding selection of cafés, restaurants, boutiques, and local shops along Dundas West, the Ossington Strip, and Roncesvalles Village. Families will appreciate the excellent nearby schools, while outdoor enthusiasts will enjoy easy access to Mary McCormick Park and Recreation Centre, featuring a pool, gym, ice rink, and playground, as well as the beloved Sorauren Park. Rare opportunity to enjoy a beautifully updated home in one of Toronto's most desirable west-end neighbourhoods. Offers anytime.

Key facts

Property type
Townhouse, 2-Storey
MLS®
C13552430
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
12 × 80.92 ft
Cross streets
Dundas St W / Lansdowne Ave
Parking
0 parking
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,766 / 2025
Days on market
6
Listing brokerage
CENTURY 21 REGAL REALTY INC.

Rooms

BedroomMain2.44 × 2.44 m

Carpet Free

Living RoomMain3.35 × 2.50 m

large window · carpet free

RecreationBasement8.10 × 3.35 m

pot lights · carpet free

Family RoomSecond4.46 × 3.35 m

bay window · carpet free

Dining RoomMain4.63 × 3.35 m

Carpet Free

KitchenMain4.75 × 2.43 m

window · modern kitchen

Primary BedroomSecond4.14 × 3.35 m

bay window · carpet free

Bedroom 2Second5.22 × 2.44 m

window · carpet free

Moe’s TakeTeam Asgarian · Broker
Above comparables
$989Kest. value

Listed at $1,195,000, this home is about 21% 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 $811K, 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 $970K
  • Bathrooms −$15K
  • Adjusts to $955K

That comparable adjusts to $955K; the $989K 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. Lansdowne Ave at Rideau Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$955KGreat deal$1.20MOverpriced

Total price vs nearby homes. Fair value about $989K, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.02Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

413 Westmoreland Avenue$1.10M1-265 Van Dusen Boulevard$1.09M112 Wolseley Street$989k39 Noble Street$970k46 Georgina Gate$929k

The 5 closest of 7 active listings nearby.

See all comparable homes
1.20MThis home1.10M1.09M989k970k929kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $929K
$919this home / sqft
67active listings nearby
6days on market

This home lists 33% above the area average of $692/sqft.

4 days faster than the Toronto average (10 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Little Portugal, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

82/ 100

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: Lansdowne Ave at Rideau Ave, about 139 m away

20+ transit stops16 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Trinity-Bellwoods
$1.12M
Cabbagetown-South St. James Town
$1.71M
Moss Park
$1.27M
Mimico
$1.18M
South Riverdale
$999K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 73% meet the provincial standard
City View Alternative Senior SchoolEQAO results not published
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,446/mo
$223KIncome needed
5.4×Price ÷ income
$1,257Weekly cost
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $5,446Property tax $397Total carry $5,844

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,102per month

Mortgage amount $956,000 · 4.14% over 25 years

$239,000Down payment (20.0%)
$956,000Loan before insurance
$0CMHC premium
$5,499Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,102
Property tax
$397
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,499

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,375
Toronto municipal land transfer tax
$20,375
Estimated closing costs
$40,750

Plus your down payment of $239,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,196/monthPayment at the qualifying rate

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

$574,471Total interest paid
$1,530,471Total of all payments
Principal $956,000 Interest $574,471
YearPrincipalInterestBalance
1$22,396$38,823$933,604
2$23,333$37,886$910,272
3$24,309$36,910$885,963
4$25,325$35,894$860,638
5$26,385$34,834$834,253
6$27,488$33,731$806,765
7$28,638$32,581$778,127
8$29,836$31,383$748,291
9$31,084$30,135$717,207
10$32,384$28,835$684,823
11$33,739$27,480$651,084
12$35,150$26,069$615,934
13$36,620$24,599$579,314
14$38,152$23,067$541,162
15$39,748$21,471$501,414
16$41,410$19,808$460,004
17$43,143$18,076$416,861
18$44,947$16,272$371,914
19$46,827$14,392$325,087
20$48,786$12,433$276,301
21$50,827$10,392$225,474
22$52,953$8,266$172,522
23$55,167$6,051$117,354
24$57,475$3,744$59,879
25$59,879$1,340$0

At the end of your 5-year term

Total paid over the term
$306,094
Principal paid down
$121,747
Interest paid
$184,347
Balance remaining
$834,253

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.

Let's connect

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

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
1.5%Est. cap rate

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 numbers

Estimates 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.

2.3%
Gross yield
− Property tax $4,766− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,398

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.

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