93 Northcliffe Boulevard, Toronto, ON
Corso Italia-Davenport, Toronto · MLS® W12881686
About this home
Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering over 4,000 sqft of living space plus a 2,000+ sqft basement. Each of the four spacious units ranges between 1,000-1,200 sqft and features 2 bedrooms, with every tenant enjoying access to approximately 500 sqft of basement space. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods. NOI approx $98K annually. Financials attached to listing.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- W12881686
- Bedrooms
- 8
- Bathrooms
- 4
- Size
- 3500-5000
- Lot
- 40 × 120 ft
- Cross streets
- St. Clair Ave W & Dufferin St
- Parking
- 4 garage (detached)
- Driveway
- None
- Basement
- Apartment
- Heating
- Water
- A/C
- None
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,236 / 2026
- Days on market
- 130
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
laminate · window · wainscoting
laminate · window · closet
laminate · wainscoting · window
laminate · closet · window
laminate · large window
laminate · window · wainscoting
hardwood floor · combined w/dining · window
hardwood floor · bay window · wainscoting
hardwood floor · window
laminate · closet · window
laminate · window
hardwood floor · window · closet
laminate · window · closet
laminate · window
Listed at $2,148,888, this home is about 32% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Corso Italia-Davenport lately, sellers have been getting about 98% of asking and homes sell in about 34 days. Prices are down 7% versus a year ago.
There were not many closely comparable homes right in Corso Italia-Davenport, so I widened the search to the surrounding area.
Based on 54 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 54 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.11M, lower 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, sold for $4.40M
- Bedrooms +$30K
- Bathrooms −$30K
- Adjusts to $4.40M
That comparable adjusts to $4.40M; the $3.14M estimate above is the median of all 54 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Regal Road Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Northcliffe is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.14M, median of 54 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.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
This home lists 35% below the area average of $779/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Corso Italia-Davenport, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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: Northcliffe, about 60 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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,719,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,174
- Property tax
- $936
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,110
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $40,197
- Toronto municipal land transfer tax
- $40,197
- Estimated closing costs
- $80,394
Plus your down payment of $429,778. 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
- $550,429
- Principal paid down
- $218,929
- Interest paid
- $331,500
- Balance remaining
- $1,500,181
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.
Investor snapshot
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.