16 Barker Avenue, Toronto, ON

Thistletown-Beaumonde Heights, Toronto · MLS® W13207300

$2,499,000
For Sale
Listed 50 days ago
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4Bedrooms
6Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

About this home

Experience refined living in this stunning newly constructed contemporary home, perfectly situated on a rare 65-foot frontage lot. Designed with sophistication and practicality in mind, this residence offers 4 generously sized bedrooms and 6 elegant bathrooms with premium finishes throughout. The bright and airy main floor showcases an open-concept design with impressive ceiling heights, oversized windows, and upscale detailing at every turn. The gourmet chef's kitchen is the heart of the home, featuring top-tier appliances, custom millwork, and an oversized island ideal for hosting and daily family living. Each bedroom is thoughtfully designed to provide comfort and privacy, while the luxurious primary suite offers a spa-inspired ensuite with heated floors and abundant closet space. The fully finished lower level provides exceptional flexibility for extended living, recreation, a home gym, theatre, or additional entertainment space. Complete with heated floors and all legal requirements already in place for a basement apartment, this level offers outstanding potential. Step outside through the private walkout to a spacious backyard with a unique lot shape that provides extra depth, character, and outdoor possibilities rarely found in standard properties. The vendor can potentially finish the basement to suit the buyer's taste.

Key facts

Property type
Detached, 2-Storey
MLS®
W13207300
Bedrooms
4
Bathrooms
6 (1 half)
Size
3000-3500
Lot
65 × 150 ft
Cross streets
Barker/Islington
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out, Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$3,846 / 2025
Days on market
50
Listing brokerage
GRANGE HALL REALTY INC.

Rooms

Bedroom 4Second4.05 × 3.60 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 2Second4.11 × 3.39 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Living RoomGround4.11 × 3.39 m

Hardwood Floor

Bedroom 3Second4.11 × 3.39 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

KitchenGround4.60 × 4.66 m

hardwood floor · combined w/family · overlooks backyard

RecreationBasement10.82 × 13.66 m

4 pc bath · tile floor

BedroomSecond6.61 × 4.45 m

walk-in closet(s) · overlooks backyard · 4 pc ensuite

Family RoomGround6.00 × 6.03 m

hardwood floor · w/o to deck

Dining RoomGround4.11 × 4.91 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3.29Mest. value

Listed at $2,499,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($769/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $889K, lower than the comparables and worth a second look. 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 $3.60M
  • Bedrooms −$30K
  • Adjusts to $3.56M

That comparable adjusts to $3.56M; the $3.29M estimate above is the median of all 9 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 R H McGregor Elementary 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 very walkable address with everyday errands close by. Mortimer Ave at Knight St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.50MGreat deal$3.75MOverpriced

Total price vs nearby homes. Fair value about $3.29M, median of 9 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.02Mavg asking

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

21 Albertus Avenue$2.72M416 Patricia Avenue$2.92M268 Brooke Avenue$3.60M443 Northcliffe Boulevard$2.29M167 Harlandale Avenue$3.59M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.50MThis home2.72M2.92M3.60M2.29M3.59MThis home vs active comparables
Live market pulseActive comparables in Thistletown-Beaumonde Heights · median list $979K
$769this home / sqft
12active listings nearby
50days on market

This home lists 6% below the area average of $815/sqft.

49 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

Thistletown-Beaumonde 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.

Getting around

80/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Mortimer Ave at Knight St, about 186 m away

20+ transit stops8 grocery20+ dining20+ parks20+ pharmacies

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.

Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Cliffcrest
$1.51M
Bedford Park-Nortown
$2.90M

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 R H McGregor Elementary School
68%
R H McGregor Elementary SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$11,390/mo
$443KIncome needed
5.6×Price ÷ income
$2,628Weekly 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.

97%mortgage
Mortgage $11,390Property tax $321Total carry $11,710

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

years
years (your rate-locked period)
$10,668per month

Mortgage amount $1,999,200 · 4.14% over 25 years

$499,800Down payment (20.0%)
$1,999,200Loan before insurance
$0CMHC premium
$10,989Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,668
Property tax
$321
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,989

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

One-time closing costs

Ontario land transfer tax
$48,950
Toronto municipal land transfer tax
$48,950
Estimated closing costs
$97,900

Plus your down payment of $499,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,958/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

$1,201,342Total interest paid
$3,200,542Total of all payments
Principal $1,999,200 Interest $1,201,342
YearPrincipalInterestBalance
1$46,834$81,187$1,952,366
2$48,793$79,228$1,903,572
3$50,834$77,187$1,852,738
4$52,961$75,061$1,799,777
5$55,176$72,846$1,744,601
6$57,484$70,538$1,687,118
7$59,888$68,133$1,627,229
8$62,393$65,628$1,564,836
9$65,003$63,019$1,499,833
10$67,722$60,300$1,432,111
11$70,555$57,467$1,361,556
12$73,506$54,516$1,288,050
13$76,581$51,441$1,211,469
14$79,784$48,238$1,131,685
15$83,121$44,900$1,048,564
16$86,598$41,424$961,966
17$90,220$37,801$871,746
18$93,994$34,028$777,752
19$97,926$30,096$679,826
20$102,022$26,000$577,804
21$106,289$21,732$471,515
22$110,735$17,287$360,780
23$115,367$12,655$245,413
24$120,193$7,829$125,220
25$125,220$2,802$0

At the end of your 5-year term

Total paid over the term
$640,108
Principal paid down
$254,599
Interest paid
$385,510
Balance remaining
$1,744,601

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$6,300/mo
$75,600Gross annual rent
2.5%Est. cap rate

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 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.

3.0%
Gross yield
− Property tax $3,846− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $62,038

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

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