293 Glebemount Avenue, Toronto, ON

East York, Toronto · MLS® E13870834

$1,189,000
For Sale
Listed 12 days agoNo offer date stated
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2+2Bedrooms
2Bathrooms
1Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Beautifully Newly Renovated & Move-In Ready.
  • The main level features an inviting open-concept living and dining area with wide-plank flooring, pot lights, crown moulding and an abundance of natural light.
  • The sleek renovated kitchen offers contemporary cabinetry, quartz countertops, stainless steel appliances and ample storage, creating a stylish and functional space...
  • The fully finished basement features its own modern kitchen, spacious open-concept living area, additional rooms and a separate entrance, allowing each level to...
  • Outside, enjoy a deep, private backyard surrounded by mature trees and established landscaping, offering a peaceful outdoor retreat with plenty of space to relax...

Beautifully Newly Renovated & Move-In Ready! Welcome to 293 Glebemount Ave, a bright and spacious home thoughtfully updated with a fresh, modern aesthetic. The main level features an inviting open-concept living and dining area with wide-plank flooring, pot lights, crown moulding and an abundance of natural light. The sleek renovated kitchen offers contemporary cabinetry, quartz countertops, stainless steel appliances and ample storage, creating a stylish and functional space for everyday living and entertaining. Two generously sized bedrooms and a beautifully updated bathroom complete the main level. A standout feature of this home is the completely separate main and lower-level living spaces, offering exceptional flexibility for extended family, multi-generational living or the potential to generate. additional rental income from the lower level. The fully finished basement features its own modern kitchen, spacious open-concept living area, additional rooms and a separate entrance, allowing each level to function independently.Outside, enjoy a deep, private backyard surrounded by mature trees and established landscaping, offering a peaceful outdoor retreat with plenty of space to relax, garden or entertain. A long private driveway and detached garage provide excellent parking and additional storage.A fantastic turnkey opportunity for homeowners and investors alike-live upstairs while generating potential income below, accommodate extended family, or simply enjoy the additional space. Modern finishes, flexible living options, a beautiful lot and detached garage make this one a must-see!

Key facts

Property type
Detached, Bungalow
MLS®
E13870834
Bedrooms
2+2 (4 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
36.12 × 124.78 ft
Cross streets
Cosburn Ave/Glebemount Ave
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Apartment, Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,045 / 2026
Days on market
12
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Basement0.00 × 0.00 m

laminate · closet · window

KitchenMain0.00 × 0.00 m

stainless steel appl · quartz counter · open concept

KitchenBasement0.00 × 0.00 m

laminate · quartz counter · stainless steel appl

Living RoomMain0.00 × 0.00 m

laminate · pot lights · open concept

Bedroom 4Basement0.00 × 0.00 m

laminate · closet · window

Bedroom 2Main0.00 × 0.00 m

laminate · closet · window

Dining RoomMain0.00 × 0.00 m

laminate · pot lights · open concept

Primary BedroomMain0.00 × 0.00 m

laminate · closet · window

Dining RoomBasement0.00 × 0.00 m

open concept · window

Living RoomBasement0.00 × 0.00 m

laminate · open concept · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in East York · asking prices
$1.08Mavg asking

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

Per square foot, these ask about $1,202/sqft; this home lists at $1,321/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.19MThis home1.42M920k888k1.10MThis home vs active comparables

Neighbourhood & location

East York, 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
Leaside
$2.15M
Wexford-Maryvale
$849K
Banbury-Don Mills
$5.50M
St. Andrew-Windfields
$4.10M

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 Parkside Elementary School
75%
Parkside Elementary SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 75% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
East York Alternative Secondary School · Public secondary0.3 km
East York Collegiate Institute · Public secondary0.5 km · 64% at standard
Cosburn Middle School · Public elementary0.8 km · 68% at standard
R H McGregor Elementary School · Public elementary0.8 km · 68% at standard
Diefenbaker Elementary School · Public elementary0.8 km · 68% at standard
D A Morrison Middle School · Public elementary0.8 km · 79% at standard
St Brigid Catholic School · Catholic elementary1.1 km · 76% at standard
Earl Beatty Junior and Senior Public School · Public elementary1.1 km · 87% at standard
Presteign Heights Elementary School · Public elementary1.1 km · 91% at standard
Gledhill Junior Public School · Public elementary1.3 km · 76% at standard
Earl Haig Public School · Public elementary1.6 km · 62% at standard
Secord Elementary School · Public elementary1.7 km · 61% at standard

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

Affordability & Mortgage

Affordability
$5,419/mo
$223KIncome needed
5.3×Price ÷ income
$1,251Weekly cost
$40,510Land 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.

93%mortgage
Mortgage $5,419Property tax $420Total carry $5,839

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%
$
%
4.49%
%
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)
$5,259per month

Mortgage amount $951,200 · 4.49% over 25 years

$237,800Down payment (20.0%)
$951,200Loan before insurance
$0CMHC premium
$5,680Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,259
Property tax
$420
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,680

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

One-time closing costs

Ontario land transfer tax
$20,255
Toronto municipal land transfer tax
$20,255
Estimated closing costs
$40,510

Plus your down payment of $237,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,366/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

$626,604Total interest paid
$1,577,804Total of all payments
Principal $951,200 Interest $626,604
YearPrincipalInterestBalance
1$21,227$41,885$929,973
2$22,191$40,922$907,783
3$23,198$39,914$884,585
4$24,251$38,861$860,333
5$25,352$37,760$834,981
6$26,504$36,609$808,477
7$27,707$35,405$780,770
8$28,965$34,147$751,806
9$30,280$32,832$721,525
10$31,655$31,457$689,871
11$33,092$30,020$656,778
12$34,595$28,518$622,184
13$36,165$26,947$586,018
14$37,807$25,305$548,211
15$39,524$23,588$508,687
16$41,319$21,794$467,368
17$43,195$19,918$424,174
18$45,156$17,956$379,018
19$47,206$15,906$331,812
20$49,349$13,763$282,462
21$51,590$11,522$230,872
22$53,932$9,180$176,940
23$56,381$6,731$120,559
24$58,941$4,171$61,617
25$61,617$1,495$0

At the end of your 5-year term

Total paid over the term
$315,561
Principal paid down
$116,219
Interest paid
$199,342
Balance remaining
$834,981

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$1,450/mo
$17,400Gross annual rent
0.8%Cap rate after taxes and upkeep

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.

1.5%
Gross yield
− Property tax $5,045− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,041

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

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