635 Pape Avenue, Toronto, ON

Blake-Jones, Toronto · MLS® E13427350

$1,250,000
For Sale
Listed 37 days ago
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4Bedrooms
2Bathrooms
0Parking
1500-2000Sq Ft

About this home

Location! Fabulous Home Located In The Family Friendly Pape/Danforth Community. This Home Is Located Within Steps To Withrow Park (One Of The Best Parks Around!), Schools And All Amenities! This Property Has Three Functional Floors, Finished Basement (With Bedroom), And A Beautiful Kitchen. Third Floor Can Be Used As An Large Office, Media Space, Or Bedroom With A Beautiful Deck! Don't Miss Out On This Excellent Family Home In An Amazing Neighborhood.

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
E13427350
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1500-2000
Lot
19.42 × 90 ft
Cross streets
Pape and Danforth
Parking
0 parking
Driveway
Street Only
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick, Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$4,999 / 2025
Days on market
37
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

RecreationBasement4.83 × 3.59 m

4 pc bath · window

Dining RoomMain3.73 × 2.77 m

Combined w/Living

Living RoomMain4.47 × 3.28 m

Combined w/Dining

KitchenMain4.83 × 2.92 m

w/o to deck · stone counters

BedroomBasement4.52 × 2.67 m

Window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.35Mest. value

Listed at $1,250,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 66 similar homes nearby, adjusted for size, beds, and baths.Median of 66 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $918K
  • Adjusts to $918K

That comparable adjusts to $918K; the $1.35M estimate above is the median of all 66 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Pape Ave at Harcourt Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.18MGreat deal$1.58MOverpriced

Total price vs nearby homes. Fair value about $1.35M, median of 66 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.36Mavg asking

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

475 Shaw Street$1000k21 Bertmount Avenue$1.20M236 Seaton Street$1.43M45 Grant Street$1.80M

The 4 closest active listings nearby.

See all comparable homes
1.25MThis home1000k1.20M1.43M1.80MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1000K
$714this home / sqft
66active listings nearby
37days on market

This home lists 10% below the area average of $796/sqft.

32 days longer than the Toronto average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Blake-Jones, 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.

Getting around

86/ 100

Very 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Pape Ave at Harcourt Ave, about 58 m away

20+ transit stops14 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Danforth
$1.10M
South Riverdale
$1.30M
Greenwood-Coxwell
$792K
Woodbine Corridor
$989K
The Beaches
$1.15M

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 Holy Name
80%
Holy NameCatholic · Elementary · 0.3 km awayAbove the GTA average · 80% meet the provincial standard
Earl Grey Senior Public SchoolEQAO results not published
Kapapamahchakwew (Elem) - Wandering Spirit SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$5,697/mo
$233KIncome needed
5.4×Price ÷ income
$1,315Weekly cost
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.

93%mortgage
Mortgage $5,697Property tax $417Total carry $6,114

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,336per month

Mortgage amount $1,000,000 · 4.14% over 25 years

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$5,753Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,336
Property tax
$417
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,753

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

One-time closing costs

Ontario land transfer tax
$21,475
Toronto municipal land transfer tax
$21,475
Estimated closing costs
$42,950

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,482/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

$600,911Total interest paid
$1,600,911Total of all payments
Principal $1,000,000 Interest $600,911
YearPrincipalInterestBalance
1$23,427$40,610$976,573
2$24,406$39,630$952,167
3$25,427$38,609$926,740
4$26,491$37,546$900,249
5$27,599$36,437$872,650
6$28,753$35,283$843,896
7$29,956$34,080$813,940
8$31,209$32,827$782,731
9$32,515$31,522$750,216
10$33,875$30,162$716,342
11$35,292$28,745$681,050
12$36,768$27,269$644,283
13$38,306$25,731$605,977
14$39,908$24,129$566,069
15$41,577$22,459$524,492
16$43,316$20,720$481,175
17$45,128$18,908$436,047
18$47,016$17,021$389,031
19$48,982$15,054$340,049
20$51,031$13,005$289,018
21$53,166$10,871$235,852
22$55,390$8,647$180,462
23$57,707$6,330$122,755
24$60,120$3,916$62,635
25$62,635$1,401$0

At the end of your 5-year term

Total paid over the term
$320,182
Principal paid down
$127,350
Interest paid
$192,832
Balance remaining
$872,650

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$3,150/mo
$37,800Gross annual rent
2.2%Est. cap rate

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.

3.0%
Gross yield
− Property tax $4,999− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,243

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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