14 Ranwood Drive, Toronto, ON
Humberlea-Pelmo Park W4, Toronto · MLS® W13232866
About this home
In short
- Step into a realm of unparalleled luxury at 14 Ranwood Drive, an architectural masterpiece that redefines modern living in the west part of Toronto.
- As you enter, be captivated by the soaring 9 ft ceilings that create an airy atmosphere, adorned with exquisite hardwood flooring that flows seamlessly throughout.
- The highlight is a custom gourmet kitchen, featuring state-of-the-art smart appliances, sleek quartz countertops, and a concealed walk-in butler's pantry, perfect for...
- The open-concept layout is anchored by a stunning floating staircase, leading you to a serene main-floor office-an invaluable space for productivity.
- Outside, indulge in the meticulously landscaped lot featuring a sophisticated irrigation system and beautiful interlocked pathways, enhancing your outdoor oasis.
Step into a realm of unparalleled luxury at 14 Ranwood Drive, an architectural masterpiece that redefines modern living in the west part of Toronto. This distinctive residence with a living space of over 4800 square feet, harmoniously blends sophistication, comfort, and functionality, offering a lifestyle that is both grand and inviting. As you enter, be captivated by the soaring 9 ft ceilings that create an airy atmosphere, adorned with exquisite hardwood flooring that flows seamlessly throughout. Oversized solid-core wood doors and contemporary baseboards add an elegant touch, while energy-efficient LED lighting and stylish pot lights illuminate every corner of this beautifully designed home. The highlight is a custom gourmet kitchen, featuring state-of-the-art smart appliances, sleek quartz countertops, and a concealed walk-in butler's pantry, perfect for both daily meals and lavish entertaining. The open-concept layout is anchored by a stunning floating staircase, leading you to a serene main-floor office-an invaluable space for productivity. Ascend to find five generously proportioned bedrooms, each designed with convenience in mind, with bath ensuites, ensuring both comfort and privacy for family living. The fully finished in-law suite, complete with its own kitchen and separate entrance, opens the door to endless possibilities-ideal for extended family stays or potential rental income. Outside, indulge in the meticulously landscaped lot featuring a sophisticated irrigation system and beautiful interlocked pathways, enhancing your outdoor oasis. This extraordinary home offers a unique lifestyle where elegance meets practicality. Embrace a living experience that must be seen to be fully appreciated-a truly rare offering in today's competitive market. Minutes from Humber River Hospital, Highways 400 and 401.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13232866
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 50 × 125 ft
- Cross streets
- Black Creek/401
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete, Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 138
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
vinyl floor · closet organizers · above grade window
hardwood floor · closet organizers · pot lights
vinyl floor · separate room
hardwood floor · 3 pc ensuite · walk-in closet(s)
hardwood floor · fireplace · w/o to patio
vinyl floor · open stairs · pot lights
vinyl floor · open concept · pot lights
hardwood floor · b/i bookcase · large window
vinyl floor · stainless steel appl · quartz counter
hardwood floor · led lighting · open concept
hardwood floor · 3 pc ensuite · closet organizers
hardwood floor · semi ensuite · walk-in closet(s)
coffered ceiling(s) · 5 pc ensuite · walk-in closet(s)
hardwood floor · semi ensuite · closet organizers
hardwood floor · led lighting · dry bar
hardwood floor · pot lights · open concept
porcelain floor · quartz counter · pot lights
stainless steel appl · pot lights · quartz counter
Listed at $2,399,000. Comparable sales put this home around $1.27M, so the ask is about 88% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.
Compared as a project. The listing presents this home as one to renovate or rebuild, so the finished homes among its comparable sales were adjusted for that before comparing.
Longer on the market than typical. 138 days on the market, and asking 88% above where comparable closings put it.
Total price vs nearby homes. Fair value about $1.27M, median of 5 comparables.
The market behind the math:
About 14 months of inventory: 14 detached homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $738/sqft against an area asking average of $759/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Humberlea-Pelmo Park W4: 8 of the 25 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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.
What the listing highlights5 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
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($738/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Humberlea-Pelmo Park W4, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in Humberlea-Pelmo Park W4 over the past two years, from 38 closings there.
For sale
For sale
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.89M, which is where my estimate comes from.
Per square foot, these ask about $780/sqft; this home lists at $738/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,919,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,612
- Estimated property tax
- $1,499
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,111
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Toronto municipal land transfer tax
- $46,450
- Estimated closing costs
- $92,900
Plus your down payment of $479,800. 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
- $636,695
- Principal paid down
- $234,491
- Interest paid
- $402,204
- Balance remaining
- $1,684,709
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
The suite is real income here: basements rent in Humberlea-Pelmo Park W4 (8 of 25 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 7 whole-home leases in Humberlea-Pelmo Park W4 signed at a median of $1,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,065. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.