49 Victor Avenue, Toronto, ON
North Riverdale, Toronto · MLS® E13564530
About this home
A rare opportunity in North Riverdale: a detached, architecturally interesting home built circa 1986 and designed across four well-planned levels. The main floor offers a dramatic sunken living room with excellent ceiling height, a working gas fireplace, and a comfortable flow for both everyday living and entertaining. The kitchen and dining areas connect beautifully to the outdoors, creating an easy transition to the professionally landscaped rear garden. Thoughtfully updated and carefully maintained, the home features newer windows and doors, multiple walkouts, generous natural light and a wonderful sense of privacy. The second floor offers well-proportioned bedrooms, the convenience of second floor laundry, and a bright den off the hallway - ideal for working from home or a quiet reading space. Outdoor living is a major highlight, with inviting decks that extend the living space and provide excellent areas to relax or entertain. The landscaped backyard is a true urban retreat, complete with sprinkler system and a polished garden settting. Additional features include an owned on-demand gas hot water tank, built-in garage, an electric garage door opener with wall-mounted control. A distinctive home with strong architectural character, excellent functionality, and the space and privacy so rarely found in this sought-after neighbourhood.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- E13564530
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 20 × 111.37 ft
- Cross streets
- Broadview & Gerrard
- Parking
- 1 garage (built-in)
- Driveway
- Mutual
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,476 / 2026
- Days on market
- 3
- Listing brokerage
- SKYBOUND REALTY
Rooms
Combined w/Living
double closet · w/o to deck · overlooks backyard
renovated · quartz counter · stainless steel appl
bay window · overlooks garden · mirrored walls
double closet · bay window · overlooks frontyard
sunken room · tile floor · double closet
4 pc ensuite · w/o to terrace · walk-in closet(s)
combined w/dining · gas fireplace · overlooks garden
Listed at $1,999,900, this home is tracking about 24% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 50 similar homes nearby, adjusted for size, beds, and baths.Median of 50 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.06M, higher than the comparables and worth a second look.
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 $2.30M
- Bathrooms +$15K
- Adjusts to $2.31M
That comparable adjusts to $2.31M; the $1.61M estimate above is the median of all 50 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. Gerrard St East at De Grassi St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.61M, median of 50 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 26% above the area average of $905/sqft.
2 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
North Riverdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Gerrard St East at De Grassi St, about 194 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,599,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $790
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,327
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,473
- Toronto municipal land transfer tax
- $36,473
- Estimated closing costs
- $72,946
Plus your down payment of $399,980. 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
- $512,266
- Principal paid down
- $203,750
- Interest paid
- $308,516
- Balance remaining
- $1,396,170
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYBOUND REALTY. MLS®/PropTx.