12 Glenheather Terrace, Toronto, ON
Rouge E11, Toronto · MLS® E13170942
About this home
Welcome to this beautifully maintained brick detached 2-storey home offering approximately 2,002 sq. ft. of living space (as per floor plan) in a highly sought-after family-friendly neighborhood. This spacious home features 4 generously sized bedrooms and tasteful décor throughout in modern neutral tones. Elegant hardwood flooring extends through the staircase, upper hallway, all bedrooms, living room, and dining room, while durable vinyl flooring enhances the main hallway, kitchen, breakfast area, and family room. The main floor includes an updated bathroom with an additional shower stall, providing added convenience for busy families. Enjoy a bright and functional layout with walkout access from the deck to a private ravine lot, offering peaceful views and exceptional outdoor living. The walkout basement provides excellent in-law suite, featuring a kitchen, living room, 1 bedroom, and a 3-piece bathroom, all with direct access to the ravine backyard. Ideally located just steps from schools, parks, and the library, and only a short drive to Highway 401, shopping centers, the hospital, and the mosque. This is a wonderful opportunity to own a spacious home in a desirable neighborhood perfect for growing families.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13170942
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4
- Size
- 2000-2500
- Lot
- 39.37 × 117.86 ft
- Cross streets
- Morningside and Sewells road
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Triple
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,105 / 2025
- Days on market
- 59
- Listing brokerage
- HOMELIFE/CHAMPIONS REALTY INC.
Rooms
closet · window · hardwood floor
combined w/kitchen · w/o to patio · vinyl floor
hardwood floor · window
fireplace insert · vinyl floor
combined w/br · vinyl floor
closet · window · hardwood floor
3 pc ensuite · walk-in closet(s) · window
window · hardwood floor
Listed at $999,000, and my independent estimate is about 8% below comparable homes, worth a close look.
In Rouge E11 lately, sellers get about 100% of asking; homes sell in ~18 days.
Total price vs nearby homes. Fair value about $1.09M, median of 46 comparables.
- Ravine / green setting. This home backs onto a green space, a premium that comparable-sales math under-prices, so read the estimate as a floor.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 46 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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 $1.12M, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Heritage Park Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Sewells Road is about a 3-minute walk away.
Based on 46 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 19% below the area average of $547/sqft.
58 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rouge E11, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from OpenStreetMap contributors.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Sewells Road, about 223 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,265
- Property tax
- $425
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,690
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $255,890
- Principal paid down
- $101,778
- Interest paid
- $154,111
- Balance remaining
- $697,422
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/CHAMPIONS REALTY INC.. MLS®/PropTx.