114 Rosemount Avenue, Toronto, ON
Corso Italia-Davenport, Toronto · MLS® W13141474
About this home
Welcome to your own private retreat in prestigious Regal Heights, in the heart of Corso Italia. Set on one of the largest lots in the neighbourhood and surrounded by lush greenery, mature fruit trees, and fig trees, this sun-filled and lovingly maintained home offers space, charm, and incredible flexibility.Warm and inviting throughout, the home features bright principal rooms with hardwood flooring, crown moulding, generous living areas, creating the perfect setting for family living and entertaining. The main floor offers a welcoming foyer, sunroom, and eat-in kitchen, while the second floor includes spacious bedrooms, hardwood flooring, ample storage, and an additional kitchen, creating excellent potential for extended family living.The finished basement, with a separate entrance, additional bedroom, kitchen area, and basement under garage, adds even more possibilities for an in-law suite or income-generating apartment potential. With separate entrances to each level, a heated attic offering versatile bonus space, and a rare outdoor setting complete with a greenhouse, this property is full of options for large families, multi-generational living, gardeners, or future investment potential.All in an unbeatable location close to parks, schools, shops, transit, streetcar routes, Dufferin Station, and community amenities. A rare opportunity full of charm, comfort, and endless possibilities. A must see! Property also known as 42 Northcliffe Blvd. Some photos are virtually staged.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13141474
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 3
- Size
- 2500-3000
- Lot
- 50 × 125 ft
- Cross streets
- Dufferin/St Clair
- Parking
- 2 garage · 5 parking (detached)
- Basement
- Separate Entrance, Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Stucco (Plaster)
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,879 / 2025
- Days on market
- 65
- Listing brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Rooms
ceramic floor · 4 pc bath · window
hardwood floor · closet · window
hardwood floor · window · south view
broadloom · skylight · closet
ceramic floor · window · window
hardwood floor · closet · window
hardwood floor · family size kitchen · window
hardwood floor · closet · window
ceramic floor · 3 pc bath · pot lights
hardwood floor · walk-thru
ceramic floor · 4 pc bath · window
hardwood floor · window · south view
hardwood floor · window · window
ceramic floor · window · window
ceramic floor · window · west view
hardwood floor · window · south view
ceramic floor · w/o to yard · combined w/laundry
Listed at $1,999,900, and my independent estimate is within the range of comparable homes, on the lower side.
In Corso Italia-Davenport lately, sellers get about 101% of asking; homes sell in ~19 days.
Total price vs nearby homes. Fair value about $2.63M, median of 6 comparables.
How this estimate is builtthe short version
I take the 6 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 $1.87M, lower than the comparables and worth a second look.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- 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 Regal Road Junior 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 Corso Italia-Davenport, so I widened the search to the surrounding area.
Based on 6 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 14% below the area average of $845/sqft.
64 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Corso Italia-Davenport, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $1,599,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $823
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,361
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,473
- Toronto municipal land transfer tax
- $36,473
- Estimated closing costs
- $72,946
Plus your down payment of $399,980. 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
- $512,266
- Principal paid down
- $203,750
- Interest paid
- $308,516
- Balance remaining
- $1,396,170
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
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 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 SUTTON GROUP REALTY SYSTEMS INC.. MLS®/PropTx.