52 Heydon Park Road, Toronto, ON

Little Portugal, Toronto · MLS® C13819852

$2,150,000
For Sale
Listed 10 days agoNo offer date stated

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5+2Bedrooms
6Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 52 Heydon Park Road, a beautifully maintained investment property gutted and rebuilt in the mid 90's features 5 self-contained apartments with 4 separate...
  • This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit...
  • The property is fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units.
  • A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further.
  • Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard...

Welcome to 52 Heydon Park Road, a beautifully maintained investment property gutted and rebuilt in the mid 90's features 5 self-contained apartments with 4 separate hydro meters on a 400amp service, basement underpinned with over 7 foot ceilings . Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a walk-out balcony with great views, while keeping the 4 lower rental units to off set mortgage payments. The property is fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained, with separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn key investment with very low interior and exterior maintenance, in a fantastic location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13819852
Bedrooms
5+2 (7 total)
Bathrooms
6
Size
2000-2500 sq ft
Lot
29 × 90 ft
Cross streets
College/Dovercourt Rd
Parking
2 garage · 4 parking (detached)
Driveway
Private Double
Basement
Separate Entrance, Apartment
Heating
Baseboard
A/C
Central Air, Wall Unit(s)
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,730 / 2026
Days on market
10
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

KitchenBasement3.96 × 3.35 m

renovated · stainless steel appl

Living RoomSecond5.66 × 3.66 m

marble fireplace · w/o to balcony · parquet

BedroomMain3.29 × 2.71 m

parquet · closet

LaundryBasement3.05 × 2.68 m

Walk-Out

KitchenSecond4.17 × 3.14 m

eat-in kitchen · ceramic floor

Living RoomBasement3.96 × 3.35 m

combined w/kitchen · ceramic floor

Bedroom 2Second3.74 × 2.16 m

parquet · closet

Living RoomBasement4.75 × 3.16 m

parquet · above grade window

Mud RoomMain3.23 × 1.70 m

walk-out · ceramic floor

BedroomMain3.41 × 3.20 m

large closet · parquet

Primary BedroomSecond4.51 × 3.71 m

parquet · large closet

BedroomBasement3.35 × 3.23 m

double closet · laminate

BedroomBasement3.35 × 3.35 m

walk-in closet(s) · laminate

KitchenMain4.67 × 3.77 m

eat-in kitchen · ceramic floor · large window

Living RoomMain3.84 × 3.26 m

bay window · brick fireplace · parquet

Bedroom 3Second3.05 × 2.68 m

parquet · closet

KitchenBasement3.35 × 2.62 m

eat-in kitchen · laminate

KitchenMain3.98 × 3.71 m

family size kitchen · large window · ceramic floor

Living RoomMain4.67 × 3.77 m

combined w/kitchen · ceramic floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Ossington/Old Orchard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

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 Ossington/Old Orchard Junior Public School
88%
Ossington/Old Orchard Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 88% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Dewson Street Junior Public School · Public elementary0.5 km · 64% at standard
St Mary Catholic Academy · Catholic secondary0.6 km · 66% at standard
St Helen Catholic School · Catholic elementary0.6 km · 74% at standard
St Ambrose Catholic School · Catholic elementary0.7 km · 85% at standard
Horizon Alternative Senior School · Public elementary0.7 km
Central Toronto Academy · Public secondary0.8 km · 69% at standard
The Grove Community School · Public elementary0.8 km
Brock Public School · Public elementary0.8 km · 81% at standard
City View Alternative Senior School · Public elementary0.9 km
Shirley Street Junior Public School · Public elementary0.9 km · 70% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.9 km
Delta Senior Alternative School · Public elementary1.0 km

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

Affordability & Mortgage

Affordability
$9,799/mo
$402KIncome needed
5.4×Price ÷ income
$2,261Weekly cost
$80,450Land 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 $9,799Property tax $811Total carry $10,610

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)
$9,510per month

Mortgage amount $1,720,000 · 4.49% over 25 years

$430,000Down payment (20.0%)
$1,720,000Loan before insurance
$0CMHC premium
$10,321Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,510
Property tax
$811
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,321

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

One-time closing costs

Ontario land transfer tax
$40,225
Toronto municipal land transfer tax
$40,225
Estimated closing costs
$80,450

Plus your down payment of $430,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,511/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

$1,133,053Total interest paid
$2,853,053Total of all payments
Principal $1,720,000 Interest $1,133,053
YearPrincipalInterestBalance
1$38,383$75,739$1,681,617
2$40,126$73,996$1,641,491
3$41,948$72,174$1,599,543
4$43,852$70,270$1,555,691
5$45,843$68,279$1,509,848
6$47,925$66,197$1,461,923
7$50,101$64,021$1,411,822
8$52,376$61,747$1,359,447
9$54,754$59,368$1,304,693
10$57,240$56,882$1,247,453
11$59,839$54,284$1,187,615
12$62,556$51,567$1,125,059
13$65,396$48,726$1,059,663
14$68,365$45,757$991,298
15$71,469$42,653$919,829
16$74,714$39,408$845,115
17$78,106$36,016$767,009
18$81,653$32,469$685,356
19$85,360$28,762$599,996
20$89,236$24,886$510,760
21$93,287$20,835$417,473
22$97,523$16,599$319,950
23$101,951$12,171$217,999
24$106,580$7,542$111,419
25$111,419$2,703$0

At the end of your 5-year term

Total paid over the term
$570,611
Principal paid down
$210,152
Interest paid
$360,458
Balance remaining
$1,509,848

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
Estimate$4,200/mo
$50,400Gross annual rent
1.6%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

2.3%
Gross yield
− Property tax $9,730− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $33,727

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

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