17 Altair Avenue, Toronto, ON

L'Amoreaux, Toronto · MLS® E13475218

$1,339,000
For Sale
Listed 25 days ago
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6Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Welcome to this well-maintained detached 5-level back-split offering outstanding space, comfort, and versatility for today's modern family lifestyle. Featuring four spacious bedrooms and three full bathrooms, this home provides plenty of room for both everyday living and entertaining. The bright eat-in kitchen is perfect for family meals, complemented by a formal dining room ready for holiday gatherings and celebrations. The large family room with fireplace and walk-out to the garden offers a relaxing space to unwind or host guests. A separate entrance leads to a private 2-bedroom lower-level apartment - ideal for extended family living or excellent rental income potential or personal use.A rare combination of space, flexibility, and long-term value in a highly desirable neighbourhood. A smart choice for families looking to settle and invest in the future.

Key facts

Property type
Detached, Backsplit 5
MLS®
E13475218
Bedrooms
6 (4 + 2)
Bathrooms
3
Size
2000-2500
Lot
50 × 110.05 ft
Cross streets
Victoria Park / Altair Ave
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete Block
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,952 / 2026
Days on market
25
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

LaundrySub-Basement4.56 × 2.33 m
FoyerMain5.81 × 2.00 m

hardwood floor · closet · vaulted ceiling(s)

Living RoomLower6.00 × 4.10 m

Ceramic Floor

BedroomLower3.38 × 2.52 m

ceramic floor · window

Dining RoomMain7.80 × 4.00 m

hardwood floor · combined w/living

RecreationSub-Basement6.00 × 4.10 m

ceramic floor · window · closet

KitchenLower5.20 × 2.87 m

eat-in kitchen · walk-out

Family RoomIn Between7.36 × 3.80 m

parquet · fireplace · walk-out

Living RoomMain7.80 × 4.00 m

hardwood floor · overlooks frontyard · combined w/dining

Bedroom 3Second3.27 × 3.85 m

hardwood floor · closet

KitchenMain5.40 × 3.07 m

eat-in kitchen · ceramic floor · overlooks backyard

Primary BedroomSecond4.20 × 3.30 m

hardwood floor · closet · overlooks backyard

Bedroom 2Second3.94 × 3.13 m

hardwood floor · closet · overlooks backyard

Bedroom 4In Between2.80 × 3.80 m

closet · parquet

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.54Mest. value

Listed at $1,339,000, this home is tracking about 13% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.44M, a close match.

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 $999K
  • Bedrooms +$30K
  • Adjusts to $1.03M

That comparable adjusts to $1.03M; the $1.54M estimate above is the median of all 12 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.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Victoria Park Av / Altair Av is about a 2-minute walk away.

List price
$1.34MGreat deal$1.83MOverpriced

Total price vs nearby homes. Fair value about $1.54M, median of 12 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Income potential
Comparable listingsCurrently listed nearby in L'Amoreaux · asking prices
$1.22Mavg asking

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

49 Bellefontaine Street$1.15M57 Gloxinia Crescent$999k49 King Louis Crescent$1.34M46 Tidefall Drive$1.37M32 Perthshire Street$1.23M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.34MThis home1.15M999k1.34M1.37M1.23MThis home vs active comparables
Live market pulseActive comparables in L'Amoreaux · median list $1.25M
$595this home / sqft
12active listings nearby
25days on market

This home lists 22% below the area average of $767/sqft.

24 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

L'Amoreaux, 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

68/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Victoria Park Av / Altair Av, about 142 m away

20+ transit stops4 grocery20+ dining15 parks15 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.

Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Cliffcrest
$1.51M
High Park-Swansea
$4.99M

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 Fairglen Junior Public School
74%
Fairglen Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 74% meet the provincial standard
J B Tyrrell Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,103/mo
$254KIncome needed
5.3×Price ÷ income
$1,408Weekly 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.

91%mortgage
Mortgage $6,103Property tax $579Total carry $6,682

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,716per month

Mortgage amount $1,071,200 · 4.14% over 25 years

$267,800Down payment (20.0%)
$1,071,200Loan before insurance
$0CMHC premium
$6,296Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,716
Property tax
$579
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,296

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

One-time closing costs

Ontario land transfer tax
$23,255
Toronto municipal land transfer tax
$23,255
Estimated closing costs
$46,510

Plus your down payment of $267,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,943/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

$643,696Total interest paid
$1,714,896Total of all payments
Principal $1,071,200 Interest $643,696
YearPrincipalInterestBalance
1$25,095$43,501$1,046,105
2$26,144$42,452$1,019,961
3$27,238$41,358$992,724
4$28,377$40,219$964,346
5$29,564$39,032$934,782
6$30,801$37,795$903,982
7$32,089$36,507$871,893
8$33,431$35,165$838,462
9$34,830$33,766$803,632
10$36,286$32,309$767,345
11$37,804$30,792$729,541
12$39,386$29,210$690,156
13$41,033$27,563$649,122
14$42,749$25,846$606,373
15$44,538$24,058$561,836
16$46,400$22,195$515,435
17$48,341$20,255$467,094
18$50,363$18,232$416,730
19$52,470$16,126$364,260
20$54,665$13,931$309,596
21$56,951$11,645$252,644
22$59,333$9,262$193,311
23$61,815$6,781$131,496
24$64,401$4,195$67,095
25$67,095$1,501$0

At the end of your 5-year term

Total paid over the term
$342,979
Principal paid down
$136,418
Interest paid
$206,562
Balance remaining
$934,782

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
2.7%Est. cap rate

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.

3.8%
Gross yield
− Property tax $6,952− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,504

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

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