48 Leopold Street, Toronto, ON
South Parkdale, Toronto · MLS® W12960190
About this home
Stunning Victorian Home in Trendy Parkdale Tucked Away on a Quiet, Leafy Street. This beautifully preserved Victorian-era home seamlessly blends historic charm with modern updates. The home's architectural character shines through with its exposed interior brick walls, soaring cathedral ceilings, and abundant natural light filling every room. The main floor boasts hardwood floors, crown mouldings, 10-foot ceilings and a sunroom, creating a grand and inviting atmosphere. The second floor is a separate unit with its own modern kitchen, living room with custom built-in walnut shelving, a 3-piece bathroom and a bedroom with ample custom closet space. The third-floor primary bedroom is exceptional, featuring a striking 13-foot cathedral ceiling, complemented by a modern ensuite bath and a spacious private terrace off the master bedroom. Extra-large custom wardrobes and a built-in shoe closet provide plenty of storage, while the large laundry area with custom cabinetry brings modern convenience. This grandiose home, located in the city's core, is nearly 3000 square feet (including the basement), making it a unique find for an original Victorian treasure of this magnitude, which presents the opportunity for either a lucrative income-generating property or a magnificent family home. Ideally located just a short walk to vibrant Roncesvalles Avenue, this home offers access to an eclectic mix of trendy restaurants, coffee shops, and boutique shops, all within steps of your front door. This majestic home is a rare opportunity to experience a Victorian residence's timeless beauty and charm, combined with the best of contemporary living in one of Parkdale's most desirable neighbourhoods.
Key facts
- Property type
- Semi-Detached, 3-Storey
- MLS®
- W12960190
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 22.25 × 88 ft
- Cross streets
- Queen st W and Jameson
- Parking
- 0 parking
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,915 / 2026
- Days on market
- 102
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
Tile Floor
Hardwood Floor
Hardwood Floor
Listed at $1,599,990, this home is tracking about 14% 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 66 similar homes nearby, adjusted for size, beds, and baths.Median of 66 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, a bit lower.
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 $988K
- Bedrooms −$30K
- Adjusts to $958K
That comparable adjusts to $958K; the $1.85M estimate above is the median of all 66 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 (Parkdale Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. King St West at Dowling Ave 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 $1.85M, median of 66 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Worth verifying
- Lifestyle
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 16% below the area average of $847/sqft.
98 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
South Parkdale, 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: King St West at Dowling Ave, about 185 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 $1,279,992 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,831
- Property tax
- $576
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,407
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,475
- Toronto municipal land transfer tax
- $28,475
- Estimated closing costs
- $56,950
Plus your down payment of $319,998. 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
- $409,831
- Principal paid down
- $163,007
- Interest paid
- $246,823
- Balance remaining
- $1,116,985
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
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 RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.