1049 Glencairn Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13083808

$2,399,888
For Sale
Listed 78 days ago
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4Bedrooms
3Bathrooms
1Garage · 7 parking
1100-1500Sq Ft

About this home

An exceptional investment opportunity in one of Midtown Toronto's most prestigious and sought-after communities. Situated on a quiet, tree-lined street with a mature, this property offers incredible versatility for investors, and builders. This oversized lot may offer the potential to be severed into two building lots. Whether you're looking to redevelop, build a custom dream home, or capitalize on the existing layout, the potential here is undeniable. The property features 3 separate newly renovated units, making it ideal to generate immediate cash flow while planning future development. Perfectly positioned with easy access to major highways, seamless connectivity via TTC transit, and just minutes to downtown and key midtown business districts. Enjoy proximity to top-rated public and private schools, as well as premier shopping and dining options. A rare infill opportunity in a high-demand neighbourhood-ideal for custom builders, savvy investors, or those seeking long-term growth and strong rental potential.

Key facts

Property type
Detached, 2-Storey
MLS®
W13083808
Bedrooms
4
Bathrooms
3
Size
1100-1500
Lot
50.21 × 138.36 ft
Cross streets
Dufferin Street & Glencairn Avenue
Parking
1 garage · 7 parking (detached)
Basement
Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,505 / 2026
Days on market
78
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Joyce Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$975kavg asking

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

70 Halfmoon Square$850k19 Arnold Avenue$1.10M100 Dunkirk Road$1000k42 Kamloops Drive$999k511 Donlands Avenue$925k

The 5 closest of 6 active listings nearby.

See all comparable homes
2.40MThis home850k1.10M1000k999k925kThis home vs active comparables
Live market pulseActive comparables in Yorkdale-Glen Park · median list $1.90M
$1,846this home / sqft
8active listings nearby
78days on market
100sold nearby · 90 days
$1.19Mmedian sold price
97%of asking, on average

77 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

Yorkdale-Glen Park, 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.

Bedford Park-Nortown
$2.28M
Leaside
$1.73M
Willowdale East
$3.00M
Danforth Village-East York
$1000K
Eringate-Centennial-West Deane
$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 Joyce Public School
64%
Joyce Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 64% meet the provincial standard

Affordability & Mortgage

Affordability
$10,938/mo
$431KIncome needed
5.6×Price ÷ income
$2,524Weekly 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.

96%mortgage
Mortgage $10,938Property tax $459Total carry $11,397

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$10,245per month

Mortgage amount $1,919,910 · 4.14% over 25 years

$479,978Down payment (20.0%)
$1,919,910Loan before insurance
$0CMHC premium
$10,704Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,245
Property tax
$459
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,704

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

One-time closing costs

Ontario land transfer tax
$46,472
Toronto municipal land transfer tax
$46,472
Estimated closing costs
$92,944

Plus your down payment of $479,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,444/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

$1,153,696Total interest paid
$3,073,606Total of all payments
Principal $1,919,910 Interest $1,153,696
YearPrincipalInterestBalance
1$44,977$77,967$1,874,934
2$46,858$76,086$1,828,075
3$48,818$74,126$1,779,257
4$50,860$72,084$1,728,397
5$52,988$69,957$1,675,409
6$55,204$67,740$1,620,205
7$57,513$65,431$1,562,692
8$59,919$63,025$1,502,774
9$62,425$60,519$1,440,348
10$65,036$57,908$1,375,312
11$67,757$55,188$1,307,556
12$70,591$52,354$1,236,965
13$73,543$49,401$1,163,421
14$76,620$46,325$1,086,802
15$79,825$43,120$1,006,977
16$83,163$39,781$923,814
17$86,642$36,302$837,172
18$90,266$32,678$746,905
19$94,042$28,902$652,863
20$97,976$24,969$554,888
21$102,074$20,871$452,814
22$106,343$16,601$346,471
23$110,791$12,153$235,680
24$115,426$7,519$120,254
25$120,254$2,690$0

At the end of your 5-year term

Total paid over the term
$614,721
Principal paid down
$244,501
Interest paid
$370,220
Balance remaining
$1,675,409

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
0.7%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.

1.2%
Gross yield
− Property tax $5,505− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,659

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

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