48 Leopold Street, Toronto, ON
South Parkdale, Toronto · MLS® W12960190
About this home
In short
- Stunning Victorian Home in Trendy Parkdale Tucked Away on a Quiet, Leafy Street.
- 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...
- 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...
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 sq ft
- 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
- 197
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
Tile Floor
Hardwood Floor
Hardwood Floor
Listed at $1,599,990, about 35% above our estimate of $1.18M (homes like it typically land between $1.11M and $1.24M). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.
Longer on the market than typical. 197 days on the market, and asking 35% above where comparable closings put it.
Total price vs nearby homes. Fair value about $1.18M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $711/sqft against an area asking average of $911/sqft.
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.39M. 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Parkdale Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($711/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in South Parkdale, so I widened the search to the surrounding area.
Based on 8 comparable homes that sold in South Parkdale over the past two years, from 16 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.45M, which is where my estimate comes from.
Per square foot, these ask about $991/sqft; this home lists at $711/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,279,992 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,077
- Property tax
- $576
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,654
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
- $424,638
- Principal paid down
- $156,391
- Interest paid
- $268,246
- Balance remaining
- $1,123,601
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 numbersThe last 15 whole-home leases in South Parkdale signed at a median of $2,055 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,243. 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.
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.