111 Gorman Park Road, Toronto, ON

Clanton Park, Toronto · MLS® C13794560

$1,329,000
For Sale
Listed 33 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Welcome To 111 Gorman Park Road.
  • This Extensively Renovated Detached Bungalow Combines Modern Design, Thoughtful Updates And Exceptional Functionality On A Spacious 40 X 120 Ft Lot In Sought-After...
  • The Bright, Open-Concept Main Floor Features Oak Hardwood Flooring, Pot Lights, Ample Storage, Three Bedrooms And A Stylishly Renovated Bathroom.
  • The Finished Basement, Complete With A Separate Entrance, Offers Additional Living Space, A Bedroom, Full Bathroom And Laundry Room.
  • Extensive Updates Completed In 2024-2025 Include All New Windows And Exterior Door, Furnace, Central Air Conditioning, Tankless Water Heater And Laundry Appliances...

Welcome To 111 Gorman Park Road! This Extensively Renovated Detached Bungalow Combines Modern Design, Thoughtful Updates And Exceptional Functionality On A Spacious 40 X 120 Ft Lot In Sought-After Clanton Park.The Bright, Open-Concept Main Floor Features Oak Hardwood Flooring, Pot Lights, Ample Storage, Three Bedrooms And A Stylishly Renovated Bathroom. The Modern Kitchen Features Stainless Steel Appliances And A Spacious Island With Seating For Up To Five.The Finished Basement, Complete With A Separate Entrance, Offers Additional Living Space, A Bedroom, Full Bathroom And Laundry Room. Plumbing Was Added To Accommodate The New Basement Bathroom And Separate Laundry Area, Providing Excellent Flexibility For Family Living, Guests, A Home Office Or Additional Living Space.Extensive Updates Completed In 2024-2025 Include All New Windows And Exterior Door, Furnace, Central Air Conditioning, Tankless Water Heater And Laundry Appliances, Along With Updated Electrical And Plumbing Where Required. The Home Is Also Wired And Ready For An EV Charger - Just Plug And Charge.The Fully Fenced Backyard Is Lined With Mature Greenery On Three Sides, Providing Privacy And Ample Green Space, Plus A Storage Shed. A Private Driveway And Carport Offer Parking For Up To Five Vehicles.Ideally Located In Clanton Park, Close To Schools, Parks, Places Of Worship, Shopping, Transit And Major Transportation Routes, With Yorkdale Shopping Centre Just Minutes Away.Move-In Ready And Thoughtfully Renovated, This Home Offers A Rare Combination Of Modern Updates, Generous Parking, A Functional Layout And A Spacious Lot In A Highly Convenient Location.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
C13794560
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
40 × 121.25 ft
Cross streets
Bathurst and Sheppard
Parking
1 garage · 5 parking (carport)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete Block
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$6,315 / 2026
Days on market
33
Listing brokerage
RE/MAX DASH REALTY

Rooms

BedroomBasement6.99 × 4.05 m

Window

BedroomMain3.52 × 3.63 m

b/i closet · window

LaundryBasement3.52 × 3.17 m

Vinyl Floor

Utility RoomBasement2.12 × 1.26 m

Vinyl Floor

BathroomMain2.35 × 1.58 m

4 Pc Bath

KitchenMain3.37 × 5.68 m

Centre Island

Bedroom 3Main2.64 × 3.63 m

closet · window

BathroomBasement2.12 × 1.31 m

tile floor · tile ceiling

Dining RoomMain3.62 × 2.52 m

B/I Shelves

RecreationBasement6.99 × 5.68 m

Window

Living RoomMain3.62 × 3.16 m

Large Window

Bedroom 2Main3.52 × 2.74 m

w/o to sunroom · glass doors

SolariumMain6.99 × 2.55 m

Glass Doors

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.28Mlikely sale price

Listed at $1,329,000. Going by how homes in Clanton Park and the wider GTA have actually closed against their asking prices (about 96%, 11 local closings in 90 days), the likely sale price is near $1.28M, if it sells. A realistic range is $1.20M to $1.44M.

Independent value check: $1.25M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.18M and $1.31M).

Why $1.25M. The typical detached home sold in Clanton Park over the past year went for about $1.36M (57 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,315 a year; the typical home sold here pays about $7,000.
  • ▼ Lowers it slightly1 garage and 5 total parking spaces, against 2 and 5 typically.
  • ▼ Lowers it slightlyIts lot is 40 by 121 ft; the typical lot sold here is 50 by 137.
List price
$1.20MBelow recent closings$1.44MAbove recent closings

Total price vs nearby homes. Likely closing about $1.28M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.07Mmedian sold price
98%of asking, on average
−27%prices vs a year ago
~36 dayshomes like this take to sell
33days on market so far
$4,569/moest. rent · 11 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 12 detached homes for sale in the area against 11 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 $1,022/sqft against an area asking average of $950/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.17M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (William Lyon Mackenzie Collegiate Institute) 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 Clanton Park, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Clanton Park over the past two years, from 120 closings there.

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

Clanton Park, 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.

Willowdale East
$2.19M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Dovercourt-Wallace Emerson-Junction
$1.25M
Wexford-Maryvale
$849K

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 Dublin Heights Elementary and Middle School
68%
Dublin Heights Elementary and Middle SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
Faywood Arts-Based Curriculum School · Public elementary1.4 km · 70% at standard
Summit Heights Public School · Public elementary1.9 km · 85% at standard
Charles H Best Junior and Middle School · Public elementary1.9 km · 49% at standard
Wilmington Elementary School · Public elementary2.1 km · 67% at standard
Cameron Public School · Public elementary2.1 km · 81% at standard
St Norbert Catholic School · Catholic elementary2.4 km · 70% at standard
St Margaret Catholic School · Catholic elementary2.5 km · 82% at standard
Yorkview Public School · Public elementary2.5 km · 52% at standard
Northview Heights Secondary School · Public secondary2.5 km · 72% at standard

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

Affordability & Mortgage

Affordability
$6,057/mo
$251KIncome needed
5.3×Price ÷ income
$1,398Weekly cost
$46,110Land 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 $6,057Property tax $526Total carry $6,583

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,879per month

Mortgage amount $1,063,200 · 4.49% over 25 years

$265,800Down payment (20.0%)
$1,063,200Loan before insurance
$0CMHC premium
$6,405Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,879
Property tax
$526
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,405

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

One-time closing costs

Ontario land transfer tax
$23,055
Toronto municipal land transfer tax
$23,055
Estimated closing costs
$46,110

Plus your down payment of $265,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,115/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

$700,385Total interest paid
$1,763,585Total of all payments
Principal $1,063,200 Interest $700,385
YearPrincipalInterestBalance
1$23,726$46,817$1,039,474
2$24,803$45,740$1,014,671
3$25,930$44,614$988,741
4$27,107$43,437$961,634
5$28,338$42,206$933,297
6$29,624$40,919$903,672
7$30,969$39,574$872,703
8$32,375$38,168$840,328
9$33,845$36,698$806,482
10$35,382$35,161$771,100
11$36,989$33,555$734,112
12$38,668$31,875$695,444
13$40,424$30,120$655,020
14$42,259$28,284$612,761
15$44,178$26,366$568,583
16$46,184$24,360$522,399
17$48,281$22,263$474,119
18$50,473$20,071$423,646
19$52,764$17,779$370,881
20$55,160$15,383$315,721
21$57,665$12,879$258,057
22$60,283$10,261$197,774
23$63,020$7,523$134,754
24$65,881$4,662$68,873
25$68,873$1,671$0

At the end of your 5-year term

Total paid over the term
$352,717
Principal paid down
$129,903
Interest paid
$222,814
Balance remaining
$933,297

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 11 whole-home leases in Clanton Park$4,569/mo
$54,828Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,945 to $5,293Typical 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 11 whole-home leases in Clanton Park signed at a median of $4,548 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,569. 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.

4.1%
Gross yield
− Property tax $6,315− Insurance $1,400− Vacancy & upkeep $6,031Net operating income $41,082

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

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