17 Romney Road, Toronto, ON
Lansing-Westgate, Toronto · MLS® C13558638
About this home
Muskoka vibes in the city! Luxury resort-style living on a Huge 56 x 125 lot.Welcome to this exceptional residence, on a premium 56' x 125 lot in the heart of Summit Heights, offering approximately 4674+ Sq.Ft. of thoughtfully designed living space that blends timeless traditional architecture with elegant transitional interiors for modern family living. Completely renovated and enlarged in 2023, the Main floor presents a seamless open-concept layout anchored by a chef-inspired kitchen with Sub-Zero and Wolf appliances, oversized Ceserstone island, and custom cabinetry, flowing into a spacious family room with Gas Fireplace and walkout past the Floor to Ceiling Windows and Doors by Loewen, to a professionally landscaped backyard with a spectacular Swimming Pool. A highly functional 5-bedroom home that includes a main level private office for work-from-home needs, and a separate Living Room for Formal entertaining. The upper level features four generously sized bedrooms, luxurious primary retreat featuring a Balcony, expansive and luxurious walk in closet, and 5piece ensuite with Freestanding Tub and Heated Floor.The fully finished lower level extends the living space with a sprawling great room room, kitchenette, exercise/games room, additional bedroom, ideal for guests teens or live insupport. And of course a much desired walk out to the back yard. Exterior highlights include professional landscaping, with lighting, inground sprinklers, a Gib-San concrete pool with new Marbelite finish, garage, impressive perennials and trees. Located within much coveted Summit Heights neighborhood close to Avenue Road with its vibrant array of Shops and Restaurants, Earl Bales Park, And close to the 401 and subway.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13558638
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 56 × 125 ft
- Cross streets
- 401 and Avenue Rd.
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished, Finished with Walk-Out, Full, Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $14,132 / 2025
- Days on market
- 4
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
window floor to ceiling · gas fireplace
W/O To Pool
window floor to ceiling · centre island
ensuite bath · walk-in closet(s) · w/o to deck
Listing history
- Jul 15, 2026Listed$11,800
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $3,950,000, this home is tracking about 35% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.88M, 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 $2.85M
- Bathrooms +$15K
- Adjusts to $2.86M
That comparable adjusts to $2.86M; the $2.93M estimate above is the median of all 16 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 Humber Valley Village Junior 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Royal York Rd at Romney Rd is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $2.93M, median of 16 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 39% above the area average of $872/sqft.
3 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Lansing-Westgate, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Royal York Rd at Romney Rd, about 140 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 $3,160,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,863
- Property tax
- $1,178
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,041
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $85,225
- Toronto municipal land transfer tax
- $94,725
- Estimated closing costs
- $179,950
Plus your down payment of $790,000. 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
- $1,011,776
- Principal paid down
- $402,427
- Interest paid
- $609,349
- Balance remaining
- $2,757,573
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 REAL ESTATE SERVICES LTD.. MLS®/PropTx.