26 Larchmount Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E12772382

$985,000
For Sale
Listed 252 days agoNo offer date statedSitting longer than typical
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3Bedrooms
1Bathrooms
1Parking
700-1100Sq ft

About this home

In short

  • Opportunity knocks in this well-located semi-detached home just steps from vibrant Queen St.
  • The unfinished basement offers additional space and future possibilities.
  • A new roof on the front of the home was completed in 2024.

Opportunity knocks in this well-located semi-detached home just steps from vibrant Queen St. E. Featuring three bedrooms, one bathroom, and a solid, functional layout, this property offers excellent potential for investors, renovators, or buyers looking to customize their own space. The main floor includes a walk-out from the kitchen to the backyard, perfect for future entertaining or outdoor enjoyment. An Acorn stairlift provides convenient access from the main level to the upper floor. The unfinished basement offers additional space and future possibilities. Laneway parking at the rear adds valuable convenience. A new roof on the front of the home was completed in 2024. Ideally situated half a block from Queen St. E with its shops, restaurants, cafés, and everyday amenities, including a nearby grocery store, plus easy access to the Don Valley Parkway.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E12772382
Bedrooms
3
Bathrooms
1
Size
700-1100 sq ft
Lot
15.92 × 100 ft
Cross streets
Queen St E
Parking
1 parking
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$5,316 / 2025
Days on market
252
Listing brokerage
PARKER COULTER REALTY BROKERAGE INC.

Rooms

Primary BedroomSecond4.04 × 4.06 m
Dining RoomMain3.08 × 4.15 m
Living RoomMain2.87 × 3.65 m
KitchenMain2.88 × 3.99 m
Bedroom 2Second2.94 × 3.61 m
BathroomUpper0.00 × 0.00 m

4 Pc Bath

Bedroom 3Second3.45 × 2.52 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in South Riverdale · asking prices
$1.04Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,155/sqft; this home lists at $1,094/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
985kThis home1.17M1000k949kThis home vs active comparables

Neighbourhood & location

South Riverdale, 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.

Greenwood-Coxwell
$969K
Woodbine Corridor
$999K
The Beaches
$1.48M
Danforth
$999K
University
$1.75M

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 Bruce Public School
68%
Bruce Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 68% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Morse Street Junior Public School · Public elementary0.5 km · 76% at standard
Leslieville Junior Public School · Public elementary0.8 km · 62% at standard
Riverdale Collegiate Institute · Public secondary1.1 km · 86% at standard
Duke of Connaught Junior and Senior Public School · Public elementary1.1 km · 71% at standard
Dundas Junior Public School · Public elementary1.2 km · 59% at standard
Queen Alexandra Middle School · Public elementary1.3 km · 71% at standard
Pape Avenue Junior Public School · Public elementary1.3 km · 90% at standard
Blake Street Junior Public School · Public elementary1.3 km · 75% at standard
East Alternative School of Toronto · Public elementary1.3 km
SEED Alternative School · Public secondary1.3 km
Eastdale Collegiate Institute · Public secondary1.4 km
Equinox Holistic Alternative School · Public elementary1.6 km · 83% at standard

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

Affordability & Mortgage

Affordability
$4,489/mo
$189KIncome needed
5.2×Price ÷ income
$1,036Weekly cost
$32,350Land 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.

91%mortgage
Mortgage $4,489Property tax $443Total carry $4,932

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,357per month

Mortgage amount $788,000 · 4.49% over 25 years

$197,000Down payment (20.0%)
$788,000Loan before insurance
$0CMHC premium
$4,800Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,357
Property tax
$443
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,800

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

One-time closing costs

Ontario land transfer tax
$16,175
Toronto municipal land transfer tax
$16,175
Estimated closing costs
$32,350

Plus your down payment of $197,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,273/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

$519,096Total interest paid
$1,307,096Total of all payments
Principal $788,000 Interest $519,096
YearPrincipalInterestBalance
1$17,585$34,699$770,415
2$18,383$33,901$752,032
3$19,218$33,066$732,814
4$20,090$32,193$712,724
5$21,003$31,281$691,721
6$21,956$30,328$669,765
7$22,953$29,331$646,812
8$23,995$28,289$622,816
9$25,085$27,199$597,731
10$26,224$26,060$571,508
11$27,414$24,869$544,093
12$28,659$23,625$515,434
13$29,960$22,323$485,474
14$31,321$20,963$454,153
15$32,743$19,541$421,410
16$34,229$18,054$387,181
17$35,784$16,500$351,397
18$37,408$14,876$313,989
19$39,107$13,177$274,882
20$40,882$11,401$234,000
21$42,739$9,545$191,261
22$44,679$7,605$146,582
23$46,708$5,576$99,874
24$48,828$3,455$51,045
25$51,045$1,238$0

At the end of your 5-year term

Total paid over the term
$261,419
Principal paid down
$96,279
Interest paid
$165,140
Balance remaining
$691,721

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$1,450/mo
$17,400Gross annual rent
0.9%Cap rate after taxes and upkeep

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.

1.8%
Gross yield
− Property tax $5,316− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,770

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

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