59 Shirley Street, Toronto, ON

Little Portugal, Toronto · MLS® C13774460

$899,999
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
0Parking
1100-1500Sq ft

About this home

In short

  • Exquisitely renovated 2 storey townhouse in the heart of Little Portugal.
  • This bright 3 bedroom, 3 bathroom residence showcases a sophisticated open concept design, bespoke modern finishes, and a beautifully appointed kitchen with...

Exquisitely renovated 2 storey townhouse in the heart of Little Portugal. This bright 3 bedroom, 3 bathroom residence showcases a sophisticated open concept design, bespoke modern finishes, and a beautifully appointed kitchen with integrated appliances. Every element has been thoughtfully curated to deliver a warm, harmonious, move-in-ready interior. Set on a quiet residential street just steps from McCormick Park, charming cafés, transit, and the vibrant Queen/Dundas West corridor. A rare offering for buyers seeking elevated style and exceptional walkability.

Key facts

Property type
Townhouse, 2-Storey
MLS®
C13774460
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
14 × 95 ft
Cross streets
Dundas St. W. & Lansdowne
Parking
0 parking
Driveway
None
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,726 / 2025
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Our TakeTeam Asgarian · Broker
In line
$1.01Mest. value

Listed at $899,999 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.01M, typically $867K to $1.24M. Comparable closings on their own put this home around $1.25M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.

Second read, from the city assessment: $1.49M. That is about 19% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

List price
$867KBelow recent closings$1.24MAbove recent closings

Total price vs nearby homes. Fair value about $1.01M, median of 36 comparables.

The market behind the math:

3sold nearby · 90 days
$4,585/moest. rent · 18 leases
6.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 townhouse homes for sale in the area against 3 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 $692/sqft against an area asking average of $839/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 36 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 $1.49M, higher than the comparables and worth a second look.

What the listing highlights2 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

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

There were not many closely comparable homes right in Little Portugal, so I widened the search to the surrounding area.

Based on 36 comparable homes that sold in Little Portugal over the past two years, from 44 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.20Mavg 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 $1.25M, which is where my estimate comes from.

Per square foot, these ask about $828/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
900kThis home999k1.20M1.39MThis home vs active comparables

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.

Nearby neighbourhoods

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

Trinity-Bellwoods
$1.20M
University
$1.40M
Annex
$2.29M
Cabbagetown-South St. James Town
$1.85M
Islington-City Centre West
$1.34M

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
Also nearby: 12 more schools within 2.5 km
Shirley Street Junior Public School · Public elementary0.2 km · 70% at standard
Parkdale Junior and Senior Public School · Public elementary0.5 km · 51% at standard
St Ambrose Catholic School · Catholic elementary0.5 km · 85% at standard
Brock Public School · Public elementary0.6 km · 81% at standard
Fern Avenue Junior and Senior Public School · Public elementary0.7 km · 75% at standard
St Vincent de Paul Catholic School · Catholic elementary0.8 km · 83% at standard
The Grove Community School · Public elementary0.8 km
Parkdale Collegiate Institute · Public secondary0.9 km · 74% at standard
Garden Avenue Junior Public School · Public elementary1.0 km · 91% at standard
Holy Family Catholic School · Catholic elementary1.1 km · 45% at standard
Caring and Safe School 4 · Public secondary1.2 km
Howard Junior Public School · Public elementary1.2 km · 76% at standard

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

Affordability & Mortgage

Affordability
$4,102/mo
$179KIncome needed
5.0×Price ÷ income
$947Weekly cost
$28,950Land 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.

88%mortgage
Mortgage $4,102Property tax $561Total carry $4,662

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%
$
%
4.24%
%
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)
$3,882per month

Mortgage amount $719,999 · 4.24% over 25 years

$180,000Down payment (20.0%)
$719,999Loan before insurance
$0CMHC premium
$4,442Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,882
Property tax
$561
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,442

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

One-time closing costs

Ontario land transfer tax
$14,475
Toronto municipal land transfer tax
$14,475
Estimated closing costs
$28,950

Plus your down payment of $180,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$4,710/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

$444,480Total interest paid
$1,164,479Total of all payments
Principal $719,999 Interest $444,480
YearPrincipalInterestBalance
1$16,635$29,944$703,364
2$17,348$29,231$686,015
3$18,092$28,488$667,924
4$18,867$27,712$649,057
5$19,675$26,904$629,382
6$20,518$26,061$608,863
7$21,398$25,182$587,466
8$22,314$24,265$565,151
9$23,271$23,309$541,881
10$24,268$22,311$517,613
11$25,308$21,272$492,305
12$26,392$20,187$465,913
13$27,523$19,056$438,391
14$28,702$17,877$409,688
15$29,932$16,647$379,756
16$31,215$15,364$348,542
17$32,552$14,027$315,989
18$33,947$12,632$282,042
19$35,402$11,178$246,641
20$36,919$9,661$209,722
21$38,501$8,079$171,222
22$40,150$6,429$131,071
23$41,871$4,708$89,201
24$43,665$2,914$45,536
25$45,536$1,043$0

At the end of your 5-year term

Total paid over the term
$232,896
Principal paid down
$90,617
Interest paid
$142,278
Balance remaining
$629,382

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 18 whole-home leases in Little Portugal$4,585/mo
$55,020Gross annual rent
4.5%Cap rate after taxes and upkeep
$3,995 to $5,098Typical rent range

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 18 whole-home leases in Little Portugal signed at a median of $4,742 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,585. 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.

6.1%
Gross yield
− Property tax $6,726− Insurance $1,400− Vacancy & upkeep $6,052Net operating income $40,842

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

CallRequest a showing