7 Louise Avenue, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C13607616

$1,999,000
For Sale
Listed 84 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
1Parking
1500-2000Sq ft

About this home

In short

  • Welcome to this exceptional family home in the heart of Humewood, one of Toronto' s most sought-after neighbourhoods.
  • Filled with natural light, the home features an inviting open-concept layout designed for both everyday living and effortless entertaining.
  • The upper levels offer four spacious bedrooms, highlighted by a stunning third-floor primary retreat featuring vaulted ceilings, a private balcony, a generous walk-in...

Welcome to this exceptional family home in the heart of Humewood, one of Toronto' s most sought-after neighbourhoods. Thoughtfully updated and beautifully maintained, this three-storey residence offers the perfect blend of space, comfort, and style for modern family living. Filled with natural light, the home features an inviting open-concept layout designed for both everyday living and effortless entertaining. At its heart is a beautifully appointed kitchen that seamlessly connects to the principal living spaces, creating the ideal setting for family gatherings and memorable evenings with friends. The upper levels offer four spacious bedrooms, highlighted by a stunning third-floor primary retreat featuring vaulted ceilings, a private balcony, a generous walk-in closet, and a spa-inspired five-piece ensuite. The finished lower level provides exceptional flexibility with a separate in-law suite and a spacious family room, perfect for movie nights, relaxing with loved ones, or accommodating extended family and guests. Beyond the home itself, you'll enjoy being part of a vibrant and welcoming community. Just steps from the boutiques, cafés, and acclaimed restaurants along the St. Clair West corridor, as well as excellent public and private schools, parks, and convenient transit, including St. Clair West Station, this location offers an exceptional lifestyle where community and convenience come together. A rare opportunity to own a truly special home in one of Toronto's most desirable neighbourhoods. Come experience for yourself what makes this home and this community so special. Some picture are virtual staged.

Key facts

Property type
Detached, 3-Storey
MLS®
C13607616
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
23 × 60 ft
Cross streets
St. Clair Ave & Bathurst
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,609 / 2026
Days on market
84
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 2Second3.30 × 2.50 m

overlooks frontyard · pot lights · hardwood floor

Dining RoomMain5.70 × 3.88 m

combined w/living · window · hardwood floor

Living RoomMain5.70 × 3.88 m

combined w/dining · w/o to patio · hardwood floor

Bedroom 3Second2.98 × 2.45 m

closet · hardwood floor · pot lights

Family RoomLower3.64 × 3.27 m

pot lights · built-in speakers · laminate

BathroomSecond0.00 × 0.00 m

4 pc bath · window · ceramic floor

Bedroom 4Second2.91 × 2.81 m

overlooks backyard · hardwood floor · pot lights

LaundryLower0.00 × 0.00 m

laundry sink · b/i shelves · ceramic floor

Powder RoomMain0.00 × 0.00 m

2 pc bath · ceramic floor · window

Bedroom 5Lower3.40 × 3.27 m

closet · window · laminate

Primary BedroomThird4.82 × 4.29 m

5 pc ensuite · walk-in closet(s) · cathedral ceiling(s)

KitchenMain3.78 × 4.16 m

stainless steel appl · granite counters · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.94Mlikely sale price

Listed at $1,999,000. Going by how homes in Humewood-Cedarvale and the wider GTA have actually closed against their asking prices (about 97%, 13 local closings in 90 days), the likely sale price is near $1.94M, if it sells. A realistic range is $1.82M to $2.19M.

Independent value check: $1.88M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.76M and $1.97M).

Why $1.88M. The typical detached home sold in Humewood-Cedarvale over the past year went for about $1.81M (66 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts lot is 23 by 60 ft; the typical lot sold here is 27 by 120.
  • ▲ Raises it4+1 bedrooms and 4 baths, against 3+1 and 3 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $8,609 a year; the typical home sold here pays about $7,900.
List price
$1.82MBelow recent closings$2.19MAbove recent closings

Total price vs nearby homes. Likely closing about $1.94M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$1.96Mmedian sold price
95%of asking, on average
+2%prices vs a year ago
~18 dayshomes like this take to sell
84days on market so far
$4,732/moest. rent · 6 leases
2.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 9 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,142/sqft against an area asking average of $1,382/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.59M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Humewood Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,142/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Humewood-Cedarvale, so I widened the search to the surrounding area.

Based on 13 comparable homes that sold in Humewood-Cedarvale over the past two years, from 119 closings there.

What sellers nearby are askingCurrently listed nearby in Humewood-Cedarvale · asking prices
$2.18Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.88M, which is where my estimate comes from.

Per square foot, these ask about $1,114/sqft; this home lists at $1,142/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home2.30M2.25M2.35M1.82MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Humewood-Cedarvale, 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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K

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 Humewood Community School
75%
Humewood Community SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 75% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Holy Rosary Catholic School · Catholic elementary0.7 km · 89% at standard
Hillcrest Community School · Public elementary0.8 km · 85% at standard
McMurrich Junior Public School · Public elementary1.0 km · 81% at standard
Winona Drive Senior Public School · Public elementary1.1 km
St Bruno/St. Raymond Catholic School · Catholic elementary1.3 km · 56% at standard
Forest Hill Junior and Senior Public School · Public elementary1.4 km · 82% at standard
Rawlinson Community School · Public elementary1.4 km · 63% at standard
Cedarvale Community School · Public elementary1.5 km · 85% at standard
St Clare Catholic School · Catholic elementary1.6 km · 72% at standard
J R Wilcox Community School · Public elementary1.7 km · 72% at standard
Brown Junior Public School · Public elementary1.7 km · 86% at standard
Palmerston Avenue Junior Public School · Public elementary1.8 km · 80% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$9,111/mo
$372KIncome needed
5.4×Price ÷ income
$2,102Weekly cost
$72,910Land transfer tax, one-time (Ontario + Toronto)
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 $9,111Property tax $717Total carry $9,828

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,842per month

Mortgage amount $1,599,200 · 4.49% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,560Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,842
Property tax
$717
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,560

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

One-time closing costs

Ontario land transfer tax
$36,455
Toronto municipal land transfer tax
$36,455
Estimated closing costs
$72,910

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,702/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

$1,053,475Total interest paid
$2,652,675Total of all payments
Principal $1,599,200 Interest $1,053,475
YearPrincipalInterestBalance
1$35,687$70,420$1,563,513
2$37,308$68,799$1,526,205
3$39,002$67,105$1,487,203
4$40,772$65,335$1,446,431
5$42,624$63,483$1,403,807
6$44,559$61,548$1,359,248
7$46,582$59,525$1,312,666
8$48,697$57,410$1,263,969
9$50,908$55,199$1,213,061
10$53,220$52,887$1,159,841
11$55,636$50,471$1,104,205
12$58,162$47,945$1,046,043
13$60,803$45,304$985,240
14$63,564$42,543$921,677
15$66,450$39,657$855,227
16$69,467$36,640$785,761
17$72,621$33,486$713,140
18$75,918$30,189$637,222
19$79,365$26,742$557,857
20$82,968$23,139$474,888
21$86,736$19,371$388,153
22$90,674$15,433$297,479
23$94,791$11,316$202,688
24$99,095$7,012$103,594
25$103,594$2,513$0

At the end of your 5-year term

Total paid over the term
$530,535
Principal paid down
$195,393
Interest paid
$335,142
Balance remaining
$1,403,807

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
From 6 whole-home leases in Humewood-Cedarvale$4,732/mo
$56,784Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,757 to $5,110Typical rent range
~28 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Humewood-Cedarvale signed at a median of $4,496 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,732. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.8%
Gross yield
− Property tax $8,609− Insurance $1,400− Vacancy & upkeep $6,246Net operating income $40,529

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

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