16 Rosemount Avenue, Toronto, ON
Wychwood, Toronto · MLS® C13571804
About this home
Welcome to 16 Rosemount Avenue, a redeveloped, legal fourplex in midtown Toronto that underwent a complete gut renovation back to the studs in 2022/23. Originally conceived as a long term multi generation family investment, the property was intentionally designed for quality private residences and comfort. Unlike many Edwardian-era building renovations which focus on cosmetic changes, 16 Rosemount's rework included hydronic underfloor heating, energy recovery ventilators (ERVs) Mitsubishi Hyper Heat pump systems, engineer designed soundproofing and insulation and separate electrical metering (5). All new electricals, plumbing, energy efficient windows, new roofing, enormous decks for 3 units (each of which have gas outlets for barbecues). This means an investor faces zero capital outlays for years. The result is a building engineered for efficient operation, tenant ease and long-term ownership. Two units have gas fireplaces for added tenant comfort. The third-floor tenant enjoys high vaulted ceilings with a view over downtown Toronto with a window that spans the front of the house. The basement apartment benefits from a large deep window well and Bay window to bring in plenty of natural light. The quality of mechanics and structure is matched by quality finishings Each suite has been renovated with premium, durable materials and high quality appliances, principally LG and Bosch, and each unit includes ensuite laundry. Materials include premium hardwood and LVP flooring, quartz countertops, marble mosaic or ceramic tiles and carefully selected fixtures including lighting, all designed to withstand long term use without compromising appearance. These same design principles now create an exceptional rental asset for tenant satisfaction and long-term retention. Premium construction. Premium tenants. Premium opportunity.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13571804
- Bedrooms
- 5
- Bathrooms
- 6 (1 half)
- Size
- 2500-3000
- Lot
- 30 × 106 ft
- Cross streets
- St Clair and Oakwood
- Parking
- 1 parking
- Basement
- Apartment
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick, Stone
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,918 / 2025
- Days on market
- 1
- Listing brokerage
- REMAX CONNECT REALTY
Listing history
- Jul 16, 2026Listed$2,599,900
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $2,599,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with 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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.11M, a bit higher.
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 $3.30M
- Bathrooms +$30K
- Adjusts to $3.33M
That comparable adjusts to $3.33M; the $2.57M estimate above is the median of all 8 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 (McMurrich Junior 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. Oakwood Ave at Rosemount 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 $2.57M, median of 8 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
- 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 3% below the area average of $976/sqft.
0 days faster than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wychwood, 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: Oakwood Ave at Rosemount Ave, about 137 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 $2,079,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,099
- Property tax
- $1,077
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,176
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,473
- Toronto municipal land transfer tax
- $51,473
- Estimated closing costs
- $102,945
Plus your down payment of $519,980. 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
- $665,954
- Principal paid down
- $264,878
- Interest paid
- $401,075
- Balance remaining
- $1,815,042
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 REMAX CONNECT REALTY. MLS®/PropTx.