227 Verobeach Boulevard, Toronto, ON

Humbermede, Toronto · MLS® W13001588

$750,000
For Sale
Listed 93 days ago
4Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

Welcome to this large semi-detached 4 level backsplit home in family-friendly Humbermede, North Toronto, next to the Humber River, offering potential for all types of families a home of their own or investors seeking a property w/possibility. Immediate ownership takeover available making this a great opportunity for buyers eager to move-in and start building equity. The home features flexible living space. The main floor offers a bright combined living & dining area highlighted by a large window filling the space w/natural light & a kitchen w/breakfast area for casual meals or morning coffee. The upper level has two large bedrooms, including a primary bedroom w/closet & a large 2nd bedroom featuring a walk-in closet, along w/a 4 pc bath. The lower level includes a 3rd bedroom w/another walk in closet, and a 4th bedroom! w/closet, as well as a 2 pc bath for large family and guest functionality. The basement level includes a laundry room & spacious rec room w/windows & a dry bar, perfect for movie nights, hobbies, or entertaining. Featuring a detached garage offering one parking space & additional storage, along w/a long private driveway accommodating up to 4 more parking spots! The neighbourhood offers many amenities: Carmine Stefano Community Centre, Gulf Stream Public School and St. Jude's Catholic School both in walking distance, the amazing Verobeach Parkette (a must see!) & access to the trails, close proximity to Humber River offering beautiful green space for biking, walking & exploring, a variety of places of worship, the North Padel Club, & convenient shopping plaza, Superstore, Costco & Walmart. Commuting is simple w/Crosstown LRT located just north at Finch & Weston, while quick access to Hwy 401 allows easy travel across Toronto in either direction, Hwy 427 a convenient route south, & Hwy 400 makes heading north to cottage country effortless. Offering value, space, location & outstanding potential, this property is ready for its next chapter.

Key facts

Property type
Semi-Detached, Backsplit 4
MLS®
W13001588
Bedrooms
4
Bathrooms
2 (1 half)
Size
1100-1500
Lot
29.3 × 122.75 ft
Cross streets
N of Sheppard Ave W; W of Weston Rd
Parking
1 garage · 5 parking (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,583 / 2026
Days on market
93
Listing brokerage
CRESCENT REAL ESTATE INC.

Rooms

Bedroom 2Upper3.91 × 2.74 m

walk-in closet(s) · window · hardwood floor

Dining RoomMain3.84 × 2.92 m

combined w/living · hardwood floor

Bedroom 3Lower3.40 × 2.76 m

walk-in closet(s) · window · parquet

BathroomLower2.00 × 1.28 m

window · vinyl floor

Bedroom 4Lower3.44 × 3.40 m

window · closet · parquet

BathroomUpper2.41 × 1.98 m

4 pc bath · window · vinyl floor

Primary BedroomUpper3.91 × 3.53 m

window · closet · hardwood floor

RecreationBasement6.17 × 3.25 m

window · broadloom · dry bar

Living RoomMain3.54 × 2.74 m

large window · combined w/dining · hardwood floor

KitchenMain2.72 × 2.24 m

window · tile floor

BreakfastMain2.41 × 2.31 m

window · tile floor

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$824Kest. value

Listed at $750,000, this home is tracking about 9% 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $865K, a close match.

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 $800K
  • Bedrooms −$30K
  • Adjusts to $770K

That comparable adjusts to $770K; the $824K estimate above is the median of all 6 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.

The assigned public school is Gulfstream 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$750KGreat deal$850KOverpriced

Total price vs nearby homes. Fair value about $824K, median of 6 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.

  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Worth verifying
Comparable listingsCurrently listed nearby in Humbermede · asking prices
$800kavg asking

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

9 Songwood Drive$850k19 Davelayne Road$849k246 Verobeach Boulevard$800k73 Talent Crescent$699k7 Daystrom Drive$800k

The 5 closest of 8 active listings nearby.

See all comparable homes
750kThis home850k849k800k699k800kThis home vs active comparables
Live market pulseActive comparables in Humbermede · median list $849K
$577this home / sqft
8active listings nearby
93days on market

This home lists 13% below the area average of $662/sqft.

89 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Humbermede, 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.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Glenfield-Jane Heights
$879K
York University Heights
$920K
Corso Italia-Davenport
$951K
Newtonbrook West
$940K
Palmerston-Little Italy
$1000K

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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$3,418/mo
$143KIncome needed
5.2×Price ÷ income
$789Weekly 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.

92%mortgage
Mortgage $3,418Property tax $299Total carry $3,717

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,202per month

Mortgage amount $600,000 · 4.14% over 25 years

$150,000Down payment (20.0%)
$600,000Loan before insurance
$0CMHC premium
$3,500Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,202
Property tax
$299
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,500

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

One-time closing costs

Ontario land transfer tax
$11,475
Toronto municipal land transfer tax
$11,475
Estimated closing costs
$22,950

Plus your down payment of $150,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,889/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

$360,547Total interest paid
$960,547Total of all payments
Principal $600,000 Interest $360,547
YearPrincipalInterestBalance
1$14,056$24,366$585,944
2$14,644$23,778$571,300
3$15,256$23,165$556,044
4$15,895$22,527$540,149
5$16,559$21,862$523,590
6$17,252$21,170$506,338
7$17,974$20,448$488,364
8$18,725$19,696$469,639
9$19,509$18,913$450,130
10$20,325$18,097$429,805
11$21,175$17,247$408,630
12$22,061$16,361$386,570
13$22,983$15,438$363,586
14$23,945$14,477$339,641
15$24,946$13,476$314,695
16$25,990$12,432$288,705
17$27,077$11,345$261,628
18$28,210$10,212$233,419
19$29,389$9,032$204,029
20$30,619$7,803$173,411
21$31,900$6,522$141,511
22$33,234$5,188$108,277
23$34,624$3,798$73,653
24$36,072$2,350$37,581
25$37,581$841$0

At the end of your 5-year term

Total paid over the term
$192,109
Principal paid down
$76,410
Interest paid
$115,699
Balance remaining
$523,590

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$2,300/mo
$27,600Gross annual rent
2.6%Est. cap rate

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.

3.7%
Gross yield
− Property tax $3,583− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,581

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

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