16 Squires Avenue, Toronto, ON

O'Connor-Parkview, Toronto · MLS® E13797152

$1,849,000
For Sale
Listed 32 days agoNo offer date stated
5Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Quality Italian-Built, Custom Home on One of the Longest Lots in the Neighbourhood.
  • Custom built by the original owners with the quality and craftsmanship that still shines through today, 16 Squires Ave is a truly rare opportunity.
  • The main level offers a renovated living room, dining room and spacious eat-in kitchen.
  • A few steps up from the main level are 3 additional generous bedrooms and a beautifully renovated bathroom with double sinks, glass shower and soaker tub.
  • A private, pool-sized backyard offers exceptional privacy and endless possibilities.

A Rare Offering! Quality Italian-Built, Custom Home on One of the Longest Lots in the Neighbourhood! Custom built by the original owners with the quality and craftsmanship that still shines through today, 16 Squires Ave is a truly rare opportunity. This fully detached, all-brick home is deceptively large inside-what appears from the street to be a bungalow is actually a thoughtfully designed backsplit offering an impressive 5 bedrooms, oversized family room and a completely separate bachelor/in-law suite with its own private side entrance. Flexible living for every generation. The self-contained lower-level space is ideal for an in-law suite, nanny, adult child, rental income or multigenerational living, giving your family the flexibility to adapt as life changes. And despite the home's generous size, there are not a lot of stairs, making the layout remarkably easy to manage for all generations with bathrooms on almost every level. The main level offers a renovated living room, dining room and spacious eat-in kitchen. A few steps down lead to 2 bedrooms, an oversized family room with walkout to the backyard and a 3-piece bath. A few steps up from the main level are 3 additional generous bedrooms and a beautifully renovated bathroom with double sinks, glass shower and soaker tub. Outside, discover what may be one of the longest and most desirable lots in the neighbourhood-over 200 feet deep! A private, pool-sized backyard offers exceptional privacy and endless possibilities. Enjoy dining under the stars on the expansive patio or retreat beneath the stunning mature evergreen.A long private driveway accommodates many cars. Set on a charming, tree-lined street where neighbours stay for generations, this is the kind of community that feels like home the moment you arrive.Quality. Space. Privacy. Flexibility. A truly rare gem that is increasingly difficult to find. **OPEN HOUSE WED OCT 7, 11AM-2PM**

Key facts

Property type
Detached, 2-Storey
MLS®
E13797152
Bedrooms
5
Bathrooms
3
Size
1500-2000 sq ft
Lot
42.04 × 223 ft
Cross streets
St Clair Ave E & Victoria Park Ave
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Apartment, Full, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Above Ground
Property tax
$6,008 / 2025
Days on market
32
Listing brokerage
ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

Rooms

BreakfastSecond3.05 × 2.32 m
Family RoomMain3.86 × 4.24 m
BedroomThird2.95 × 4.55 m
RecreationBasement4.69 × 5.69 m
KitchenBasement2.79 × 2.88 m

Wet Bar

BedroomThird2.79 × 2.74 m
Living RoomSecond3.88 × 3.93 m
Utility RoomBasement4.02 × 7.11 m
Dining RoomSecond3.86 × 3.21 m
BedroomMain2.94 × 4.24 m
Primary BedroomThird3.86 × 4.55 m
OfficeMain2.79 × 3.05 m
KitchenSecond2.54 × 3.21 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.81Mlikely sale price

Listed at $1,849,000. Going by how homes in O'Connor-Parkview and the wider GTA have actually closed against their asking prices (about 98%, 14 local closings in 90 days), the likely sale price is near $1.81M, if it sells. A realistic range is $1.70M to $2.04M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.70MBelow recent closings$2.04MAbove recent closings

Total price vs nearby homes. Likely closing about $1.81M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.24Mmedian sold price
98%of asking, on average
+22%prices vs a year ago
~24 dayshomes like this take to sell
32days on market so far
$4,257/moest. rent · 5 leases
2.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 12 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,057/sqft against an area asking average of $819/sqft.

  • Separate-entrance basement apartment features. A finished basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in O'Connor-Parkview: 23 of the 117 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.05M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in O'Connor-Parkview, so I widened the search to the surrounding area.

Based on 14 comparable homes that sold in O'Connor-Parkview over the past two years, from 161 closings there.

What sellers nearby are askingCurrently listed nearby in O'Connor-Parkview · asking prices
$1.52Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.18M, which is where my estimate comes from.

Per square foot, these ask about $793/sqft; this home lists at $1,057/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.85MThis home899k1.80M1.75M880k2.29MThis home vs active comparables

Sold price trend

Median sold price for detached homes in O'Connor-Parkview: $1.25M in September 2026, up 28% from a year ago, on 76 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$950K12
December 2025$900K5
February 2026$830K5
March 2026$903K8
April 2026$1.38M9
May 2026$1.36M10
June 2026$960K7
July 2026$1.16M14
September 2026$1.25M6

Neighbourhood & location

O'Connor-Parkview, 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.

Woodbine-Lumsden
$949K
Wexford-Maryvale
$849K
Leaside
$2.15M
Bendale
$949K
Banbury-Don Mills
$5.50M

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 George Webster Elementary School
58%
George Webster Elementary SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 58% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Gordon A Brown Middle School · Public elementary0.5 km · 77% at standard
Selwyn Elementary School · Public elementary0.7 km · 85% at standard
Victoria Park Elementary School · Public elementary0.8 km · 92% at standard
Regent Heights Public School · Public elementary0.8 km · 68% at standard
Crescent Town Elementary School · Public elementary1.1 km · 68% at standard
Clairlea Public School · Public elementary1.2 km · 57% at standard
O'Connor Public School · Public elementary1.3 km · 47% at standard
Presteign Heights Elementary School · Public elementary1.4 km · 91% at standard
D A Morrison Middle School · Public elementary1.5 km · 79% at standard
Secord Elementary School · Public elementary1.5 km · 61% at standard
Parkside Elementary School · Public elementary1.5 km · 75% at standard
SATEC @ W A Porter Collegiate Institute · Public secondary1.6 km · 75% at standard

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

Affordability & Mortgage

Affordability
$8,427/mo
$339KIncome needed
5.5×Price ÷ income
$1,945Weekly cost
$66,910Land 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.

94%mortgage
Mortgage $8,427Property tax $501Total carry $8,928

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,179per month

Mortgage amount $1,479,200 · 4.49% over 25 years

$369,800Down payment (20.0%)
$1,479,200Loan before insurance
$0CMHC premium
$8,679Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,179
Property tax
$501
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,679

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

One-time closing costs

Ontario land transfer tax
$33,455
Toronto municipal land transfer tax
$33,455
Estimated closing costs
$66,910

Plus your down payment of $369,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,899/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

$974,425Total interest paid
$2,453,625Total of all payments
Principal $1,479,200 Interest $974,425
YearPrincipalInterestBalance
1$33,009$65,136$1,446,191
2$34,508$63,637$1,411,682
3$36,075$62,070$1,375,607
4$37,713$60,432$1,337,894
5$39,425$58,720$1,298,469
6$41,215$56,930$1,257,254
7$43,087$55,058$1,214,167
8$45,043$53,102$1,169,124
9$47,088$51,057$1,122,036
10$49,226$48,919$1,072,810
11$51,461$46,684$1,021,349
12$53,798$44,347$967,551
13$56,240$41,905$911,310
14$58,794$39,351$852,517
15$61,463$36,682$791,053
16$64,254$33,891$726,799
17$67,171$30,974$659,628
18$70,221$27,924$589,406
19$73,410$24,735$515,997
20$76,743$21,402$439,254
21$80,227$17,918$359,027
22$83,870$14,275$275,157
23$87,678$10,467$187,479
24$91,659$6,486$95,820
25$95,820$2,325$0

At the end of your 5-year term

Total paid over the term
$490,725
Principal paid down
$180,731
Interest paid
$309,994
Balance remaining
$1,298,469

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
From 5 whole-home leases in O'Connor-Parkview$4,257/mo
$51,084Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,746 to $4,768Typical rent range
~28 daysTo find a tenant, on average

The suite is real income here: basements rent in O'Connor-Parkview (23 of 117 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in O'Connor-Parkview signed at a median of $4,007 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,257. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.8%
Gross yield
− Property tax $6,008− Insurance $1,400− Vacancy & upkeep $5,619Net operating income $38,057

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

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