213 Walmer Road, Toronto, ON

Casa Loma, Toronto · MLS® C13756922

$2,299,000
For Sale
Listed 3 days agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
4Bathrooms
1Garage
2500-3000Sq ft

About this home

In short

  • Elegant and sophisticated townhouse in 'Castle Hill'.
  • With approximately 3,814 sq. ft. of finished living space and high ceilings, enjoy spacious rooms with an abundance of natural light streaming through large windows...
  • The renovated eat-in kitchen features top-of-the-line appliances, ample cabinetry and a breakfast bar.
  • Perfect for everyday living, the second floor offers 2 bedrooms and a 3-piece semi-ensuite bathroom.
  • The primary bedroom offers a luxurious 5-piece ensuite, abundant closet space and skylights.

Elegant and sophisticated townhouse in 'Castle Hill'! Live an upgraded urban lifestyle in a unique enclave of European-style townhomes at the foot of beautiful Casa Loma. With approximately 3,814 sq. ft. of finished living space and high ceilings, enjoy spacious rooms with an abundance of natural light streaming through large windows and skylights. The renovated eat-in kitchen features top-of-the-line appliances, ample cabinetry and a breakfast bar. The open living/dining room is perfect for entertaining, with a woodburning fireplace and walk-out to the deck, yard and garage.Perfect for everyday living, the second floor offers 2 bedrooms and a 3-piece semi-ensuite bathroom. The magnificent primary suite occupies the entire third floor, with an open staircase leading to a versatile lounge/office/den featuring a walk-out to the rooftop deck. The primary bedroom offers a luxurious 5-piece ensuite, abundant closet space and skylights.The lower level is a wonderful surprise and a comfortable retreat for relaxation, featuring a recreation/family room with custom built-in cabinetry, coffered ceilings and a gas fireplace, with a walk-out to the patio and city garden. This level also offers the 4th bedroom with a window and double closet, a 3-piece bathroom, laundry and utility/storage rooms.This exceptional home features plenty of storage, cupboards and closets throughout, along with multiple outdoor spaces and a detached laneway garage with 1-car parking.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13756922
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
15.75 × 112.04 ft
Cross streets
Spadina & Davenport
Parking
1 garage (detached)
Driveway
Lane
Basement
Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Development Potential, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Unknown
Roof
Asphalt Rolled, Flat, Unknown
Sewer
Sewer
Property tax
$10,627 / 2026
Days on market
3
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Dining RoomMain5.05 × 3.40 m

hardwood floor · overlooks living

BedroomSecond4.52 × 4.42 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

BedroomSecond5.33 × 4.42 m

hardwood floor · double closet

BedroomBasement3.78 × 4.42 m

concrete floor · double closet · window

LaundryBasement2.24 × 2.21 m

Concrete Floor

Living RoomMain5.59 × 4.42 m

hardwood floor · fireplace · walk-out

Primary BedroomThird8.31 × 4.42 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

FoyerMain2.90 × 2.06 m

tile floor · closet

Utility RoomBasement2.62 × 2.21 m

Concrete Floor

KitchenMain6.55 × 2.26 m

tile floor · eat-in kitchen · renovated

RecreationBasement5.92 × 4.42 m

concrete floor · gas fireplace · w/o to patio

Our TakeTeam Asgarian · Broker
In the wider range
$2.30Mest. value

Listed at $2,299,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.30M, typically $2.08M to $2.55M. Comparable closings on their own put this home around $2.31M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $2.65M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$2.08MBelow recent closings$2.55MAbove recent closings

Total price vs nearby homes. Fair value about $2.30M, median of 9 comparables.

The market behind the math:

3days on market so far
$7,075/moest. rent · 5 leases
3.7%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $836/sqft against an area asking average of $725/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Casa Loma basements rarely rent out (2 of 11 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

I take the 9 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.65M, a bit higher.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Oakwood Collegiate Institute. 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

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 3 homes sold on this street over the past two years, plus 2 nearby in Casa Loma, from 12 closings in Casa Loma.

What sellers nearby are askingCurrently listed nearby · asking prices
$2.35Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $2.31M, which is where my estimate comes from.

Per square foot, these ask about $1,011/sqft; this home lists at $836/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.30MThis home1.50M2.40M2.17M2.29M3.38MThis home vs active comparables

Neighbourhood & location

Casa Loma, 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.

Annex
$2.29M
University
$1.40M
Trinity-Bellwoods
$1.20M
Cabbagetown-South St. James Town
$1.85M
Little Portugal
$1.26M

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 Oakwood Collegiate Institute
66%
Oakwood Collegiate InstitutePublic · Secondary · 2.3 km awayBelow the GTA average · 66% meet the provincial standard
Hillcrest Community SchoolEQAO results not published
Winona Drive Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Hillcrest Community School · Public elementary0.7 km · 85% at standard
Huron Street Junior Public School · Public elementary0.8 km · 74% at standard
Palmerston Avenue Junior Public School · Public elementary0.9 km · 80% at standard
Msgr Fraser Orientation Centre · Catholic secondary1.1 km
Brown Junior Public School · Public elementary1.1 km · 86% at standard
Cottingham Junior Public School · Public elementary1.1 km · 100% at standard
Loretto College School · Catholic secondary1.3 km · 62% at standard
Jesse Ketchum Junior and Senior Public School · Public elementary1.4 km · 87% at standard
Essex Junior and Senior Public School · Public elementary1.4 km · 64% at standard
Hawthorne II Bilingual Alternative Junior School · Public elementary1.4 km · 74% at standard
Central Technical School · Public secondary1.5 km · 54% at standard
St Bruno/St. Raymond Catholic School · Catholic elementary1.5 km · 56% at standard

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

Affordability & Mortgage

Affordability
$10,478/mo
$430KIncome needed
5.3×Price ÷ income
$2,418Weekly cost
$87,900Land 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.

92%mortgage
Mortgage $10,478Property tax $886Total carry $11,364

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,915per month

Mortgage amount $1,839,200 · 4.24% over 25 years

$459,800Down payment (20.0%)
$1,839,200Loan before insurance
$0CMHC premium
$10,801Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,915
Property tax
$886
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,801

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

One-time closing costs

Ontario land transfer tax
$43,950
Toronto municipal land transfer tax
$43,950
Estimated closing costs
$87,900

Plus your down payment of $459,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$12,031/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

$1,135,400Total interest paid
$2,974,600Total of all payments
Principal $1,839,200 Interest $1,135,400
YearPrincipalInterestBalance
1$42,494$76,490$1,796,706
2$44,315$74,669$1,752,390
3$46,214$72,770$1,706,176
4$48,194$70,790$1,657,982
5$50,259$68,725$1,607,722
6$52,413$66,571$1,555,309
7$54,659$64,325$1,500,650
8$57,001$61,983$1,443,649
9$59,444$59,541$1,384,206
10$61,991$56,993$1,322,215
11$64,647$54,337$1,257,568
12$67,417$51,567$1,190,151
13$70,306$48,678$1,119,846
14$73,318$45,666$1,046,527
15$76,460$42,524$970,067
16$79,736$39,248$890,331
17$83,153$35,831$807,178
18$86,716$32,268$720,462
19$90,432$28,552$630,031
20$94,307$24,677$535,724
21$98,348$20,636$437,377
22$102,562$16,422$334,815
23$106,956$12,028$227,858
24$111,539$7,445$116,319
25$116,319$2,665$0

At the end of your 5-year term

Total paid over the term
$594,920
Principal paid down
$231,478
Interest paid
$363,442
Balance remaining
$1,607,722

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 5 whole-home leases in Casa Loma$7,075/mo
$84,900Gross annual rent
2.8%Cap rate after taxes and upkeep
$6,226 to $7,924Typical rent range

About the suite: in Casa Loma basements rarely rent out (2 of 11 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 5 whole-home leases in Casa Loma signed at a median of $7,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,075. 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.

3.7%
Gross yield
− Property tax $10,627− Insurance $1,400− Vacancy & upkeep $9,339Net operating income $63,534

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

CallRequest a showing