16 Gambello Crescent, Toronto, ON

York University Heights, Toronto · MLS® W13070358

$929,000
For Sale
Listed 133 days agoNo offer date stated
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4Bedrooms
2Bathrooms
4Parking
1500-2000Sq ft

About this home

In short

  • Beautiful all-brick corner semi-detached backsplit home in an exceptional location, just steps from TTC transit and close to York University.
  • This spacious property offers 4 generously sized bedrooms, including a primary bedroom complete with a walk-in closet.
  • Hardwood flooring flows throughout the bedrooms, living, and dining areas, while the kitchen features durable ceramic tile flooring.
  • The partially finished basement adds valuable extra living space, featuring a cozy recreation room with a bar, along with a laundry area and additional crawl space...
  • The property also offers ample parking for up to 4 vehicles, with the potential to accommodate 2 additional small cars if needed.

Beautiful all-brick corner semi-detached backsplit home in an exceptional location, just steps from TTC transit and close to York University. This spacious property offers 4 generously sized bedrooms, including a primary bedroom complete with a walk-in closet. Hardwood flooring flows throughout the bedrooms, living, and dining areas, while the kitchen features durable ceramic tile flooring. A large pass-through window connects the kitchen to the living area, making it easy to serve food and drinks-perfect for entertaining. The partially finished basement adds valuable extra living space, featuring a cozy recreation room with a bar, along with a laundry area and additional crawl space for convenient storage. The property also offers ample parking for up to 4 vehicles, with the potential to accommodate 2 additional small cars if needed. Enjoy professionally landscaped front and backyard spaces with elegant interlocking.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13070358
Bedrooms
4
Bathrooms
2
Size
1500-2000 sq ft
Lot
58.18 × 90.94 ft
Cross streets
SENTINEL RD AND GRANDVINE DR
Parking
4 parking
Basement
Partially Finished, Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,582 / 2025
Days on market
133
Listing brokerage
ROYAL CANADIAN REALTY

Rooms

KitchenGround2.90 × 5.18 m

Ceramic Floor

RecreationBasement3.66 × 7.62 m

Ceramic Floor

Bedroom 4Lower3.20 × 2.29 m

Hardwood Floor

Bedroom 3Lower3.20 × 2.29 m

Hardwood Floor

Living RoomGround3.50 × 0.76 m

hardwood floor · open concept

Primary BedroomUpper3.20 × 4.57 m

hardwood floor · closet

Bedroom 2Upper3.20 × 4.57 m

hardwood floor · closet

Our TakeTeam Asgarian · Broker
In line
$938Kest. value

Listed at $929,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $938K, typically $865K to $951K. Comparable closings on their own put this home around $959K, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $900K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$865KBelow recent closings$951KAbove recent closings

Total price vs nearby homes. Fair value about $938K, median of 5 comparables.

The market behind the math:

7sold nearby · 90 days
$890Kmedian sold price
98%of asking, on average
−11%prices vs a year ago
~22 dayshomes like this take to sell
133days on market so far
$3,575/moest. rent · 6 leases
4.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 10 semi-detached homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $531/sqft against an area asking average of $636/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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 $900K, a close match.

What the listing highlights3 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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

This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.

There were not many closely comparable homes right in York University Heights, so I widened the search to the surrounding area.

Based on 3 homes sold on this street over the past two years, plus 2 nearby in York University Heights, from 75 closings in York University Heights.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$874kavg asking

Nothing 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 $959K, which is where my estimate comes from.

Per square foot, these ask about $562/sqft; this home lists at $531/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
929kThis home888k945k789kThis home vs active comparables

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.

Humber Summit
$909K
Corso Italia-Davenport
$1.02M
Dovercourt-Wallace Emerson-Junction
$1.23M
Annex
$2.19M
Leaside
$1.65M

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 · 0.4 km awayBelow the GTA average · 63% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Stilecroft Public School · Public elementary0.4 km · 60% at standard
St Jerome Catholic School · Catholic elementary0.8 km · 66% at standard
Derrydown Public School · Public elementary0.9 km · 34% at standard
Sheppard Public School · Public elementary1.0 km · 24% at standard
Topcliff Public School · Public elementary1.1 km · 34% at standard
Africentric Alternative School · Public elementary1.1 km · 57% at standard
St. Margherita of Cittá di Castello Catholic School · Catholic elementary1.1 km · 75% at standard
Oakdale Park Middle School · Public elementary1.1 km · 55% at standard
St Martha Catholic School · Catholic elementary1.2 km · 58% at standard
Yorkwoods Public School · Public elementary1.2 km · 16% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary1.4 km · 66% at standard
ALPHA II Alternative School · Public secondary1.5 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,234/mo
$174KIncome needed
5.3×Price ÷ income
$977Weekly cost
$30,110Land transfer tax, one-time (Ontario + Toronto)
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 $4,234Property tax $298Total carry $4,533

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,007per month

Mortgage amount $743,200 · 4.24% over 25 years

$185,800Down payment (20.0%)
$743,200Loan before insurance
$0CMHC premium
$4,305Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,007
Property tax
$299
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,305

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

One-time closing costs

Ontario land transfer tax
$15,055
Toronto municipal land transfer tax
$15,055
Estimated closing costs
$30,110

Plus your down payment of $185,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$4,862/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

$458,802Total interest paid
$1,202,002Total of all payments
Principal $743,200 Interest $458,802
YearPrincipalInterestBalance
1$17,171$30,909$726,029
2$17,907$30,173$708,121
3$18,675$29,405$689,447
4$19,475$28,605$669,972
5$20,309$27,771$649,663
6$21,180$26,901$628,483
7$22,087$25,993$606,396
8$23,033$25,047$583,362
9$24,020$24,060$559,342
10$25,050$23,030$534,292
11$26,123$21,957$508,169
12$27,242$20,838$480,927
13$28,410$19,670$452,517
14$29,627$18,453$422,890
15$30,897$17,183$391,993
16$32,221$15,860$359,773
17$33,601$14,479$326,172
18$35,041$13,039$291,131
19$36,542$11,538$254,588
20$38,108$9,972$216,480
21$39,741$8,339$176,739
22$41,444$6,636$135,295
23$43,220$4,860$92,075
24$45,072$3,008$47,003
25$47,003$1,077$0

At the end of your 5-year term

Total paid over the term
$240,400
Principal paid down
$93,537
Interest paid
$146,863
Balance remaining
$649,663

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
From 6 whole-home leases in York University Heights$3,575/mo
$42,900Gross annual rent
3.6%Cap rate after taxes and upkeep
$2,900 to $4,000Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in York University Heights signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,575. 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.

4.6%
Gross yield
− Property tax $3,582− Insurance $1,400− Vacancy & upkeep $4,719Net operating income $33,199

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

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