28 Eldorado Court, Toronto, ON

York University Heights, Toronto · MLS® W12969134

$1,220,000
For Sale
Listed 106 days ago
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5Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Excellent Opportunity! Located amongst large custom homes of distinction. Approximately 3000 plus sq ft finished space. Beautiful immaculately maintained detached Custom Bungalow on large 55 ft x 145 ft lot. Located on Prestige Eldorado Court address surrounded by a large greenbelt forest setting! Excellent income potential from a lower level apartment with seperate access at rear. Fabulous dark oak strip flooring throughout upper level. Solid concrete wrought iron raised private balcony at rear of property with access from living rm overlooking rear yard. Approximately 1500 sq ft finished bright sun filled space on lower level. Very Large radiant family rm on lower level easliy seperated into 2 rooms to include a 5th bedroom. Updated windows. Oversized 2 car garage plus a large 4 car parking driveway. Perfect home for a large family. Earn potential rental income from a 1500 sq ft separate lower 2 Bedroom apartment. Close to York University. Near excellent schools and major highways 401 and 400. **Steps to public transit**

Key facts

Property type
Detached, Bungalow
MLS®
W12969134
Bedrooms
5 (3 + 2)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
55.21 × 140 ft
Cross streets
Keele St and Grandravine Dr
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,400 / 2026
Days on market
106
Listing brokerage
ROMULUS REALTY INC.

Rooms

Utility RoomBasement7.00 × 3.80 m

Linoleum

Bedroom 3Main3.43 × 3.05 m

hardwood floor · closet · large window

BathroomMain2.23 × 1.83 m

5 pc bath · ceramic floor · granite counters

Living RoomMain5.40 × 4.20 m

hardwood floor · closed fireplace · w/o to balcony

Bedroom 4Basement5.40 × 3.20 m

Parquet

Bedroom 2Main3.70 × 3.20 m

hardwood floor · closet

Primary BedroomMain4.60 × 3.60 m

hardwood floor · 2 pc bath

Living RoomBasement7.20 × 5.40 m

Parquet

Dining RoomMain3.70 × 3.10 m

Hardwood Floor

KitchenMain6.70 × 3.00 m

ceramic floor · eat-in kitchen

KitchenBasement3.48 × 3.20 m

laminate · pantry · above grade window

Our TakeTeam Asgarian · Broker
In line
$1.17Mest. value

Listed at $1,220,000, and my independent estimate is right in line with comparable homes.

In York University Heights lately, sellers get about 97% of asking; homes sell in ~30 days.

List price
$1.07MGreat deal$1.25MOverpriced

Total price vs nearby homes. Fair value about $1.17M, median of 63 comparables.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 63 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.21M, a close match.

What the listing highlights1 point to weigh

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

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Lamberton Public 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 York University Heights, so I widened the search to the surrounding area.

Based on 63 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.19Mavg asking

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

39 Camborne Avenue$1.05M38 Feltham Avenue$1.20M14 Bonacres Avenue$1.25M84 Allanford Road$999k77 Cronin Drive$1.47M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.22MThis home1.05M1.20M1.25M999k1.47MThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $1.18M
$697this home / sqft
8active listings nearby
106days on market
39sold nearby · 90 days
$965Kmedian sold price
97%of asking, on average

This home lists 8% below the area average of $754/sqft.

105 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

York University Heights, 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.

Willowdale West
$2.10M
Bedford Park-Nortown
$2.28M
Eringate-Centennial-West Deane
$1.07M
Leaside
$1.73M
Stonegate-Queensway
$1.63M

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 Lamberton Public School
63%
Lamberton Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 63% meet the provincial standard

Affordability & Mortgage

Affordability
$5,560/mo
$229KIncome needed
5.3×Price ÷ income
$1,283Weekly cost
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 $5,560Property tax $450Total carry $6,010

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,208per month

Mortgage amount $976,000 · 4.14% over 25 years

$244,000Down payment (20.0%)
$976,000Loan before insurance
$0CMHC premium
$5,658Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,208
Property tax
$450
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,658

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

One-time closing costs

Ontario land transfer tax
$20,875
Toronto municipal land transfer tax
$20,875
Estimated closing costs
$41,750

Plus your down payment of $244,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,326/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

$586,489Total interest paid
$1,562,489Total of all payments
Principal $976,000 Interest $586,489
YearPrincipalInterestBalance
1$22,864$39,635$953,136
2$23,821$38,679$929,315
3$24,817$37,683$904,498
4$25,855$36,644$878,643
5$26,937$35,563$851,706
6$28,063$34,436$823,643
7$29,237$33,262$794,406
8$30,460$32,039$763,946
9$31,734$30,765$732,211
10$33,062$29,438$699,150
11$34,445$28,055$664,705
12$35,885$26,614$628,820
13$37,386$25,113$591,433
14$38,950$23,549$552,483
15$40,579$21,920$511,904
16$42,277$20,223$469,627
17$44,045$18,454$425,582
18$45,887$16,612$379,695
19$47,807$14,693$331,888
20$49,807$12,693$282,081
21$51,890$10,610$230,191
22$54,060$8,439$176,131
23$56,322$6,178$119,809
24$58,677$3,822$61,132
25$61,132$1,368$0

At the end of your 5-year term

Total paid over the term
$312,498
Principal paid down
$124,294
Interest paid
$188,204
Balance remaining
$851,706

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$3,150/mo
$37,800Gross annual rent
2.2%Est. cap rate

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.

3.1%
Gross yield
− Property tax $5,400− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,842

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

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