29 Ranwood Drive, Toronto, ON
Humberlea-Pelmo Park W4, Toronto · MLS® W13073846
About this home
Fully renovated from the studs up, this stunning 2-storey detached home sits on a corner lot in the heart of Humberlea, offering over 2,700 sq ft of liveable space across 3+2 bedrooms and 4+1 baths, with a backyard designed for entertaining. The main floor features beautiful porcelain floors, an open-concept living and dining area with walkout to a spacious back porch, and a modern white kitchen with island and premium Bosch appliances, including a smart wifi-connected fridge. A striking glass staircase leads to a fully finished in-law suite with its own kitchen (Samsung appliances), 2 bedrooms, 1 bath, and separate entrance - ideal for extended family or rental income. Upstairs, every bedroom features its own ensuite. The primary retreat includes a walk-in closet and a 5-piece bath with his-and-her sinks and soaker tub. The pool-sized backyard offers endless potential. No detail was overlooked.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13073846
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 1500-2000
- Lot
- 50 × 125 ft
- Cross streets
- Queenslea / Ranwood
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,969 / 2025
- Days on market
- 76
- Listing brokerage
- REAL ESTATE ADVISORS INC.
Rooms
W/O To Yard
walk-in closet(s) · ensuite bath
2 Pc Bath
Closet
closet · semi ensuite
ensuite bath · closet
double sink · soaking tub · 5 pc ensuite
combined w/dining · w/o to porch · porcelain floor
centre island · combined w/dining
Closet
Listed at $1,679,900, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Humberlea-Pelmo Park W4, so I widened the search to the surrounding area.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.04M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.25M
- Bathrooms +$15K
- Adjusts to $1.26M
That comparable adjusts to $1.26M; the $1.33M estimate above is the median of all 12 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 C R Marchant Middle 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Gary Dr at Langside Ave is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1.33M, median of 12 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 25% above the area average of $768/sqft.
75 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Humberlea-Pelmo Park W4, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Gary Dr at Langside Ave, about 191 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 $1,343,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,172
- Property tax
- $414
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,586
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,073
- Toronto municipal land transfer tax
- $30,073
- Estimated closing costs
- $60,146
Plus your down payment of $335,980. 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
- $430,299
- Principal paid down
- $171,149
- Interest paid
- $259,151
- Balance remaining
- $1,172,771
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 REAL ESTATE ADVISORS INC.. MLS®/PropTx.