132-80 Parrotta Drive, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13248616

$620,000
For Sale
Listed 42 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Sun-Filled Two-Storey Townhome, Desirable Community! This Bright And Spacious Open-Concept Layout Features Large Windows, A Functional Kitchen With Breakfast Bar, And A Walk-Out To A Private Balcony Perfect For Morning Coffee Or Evening Relaxation. The Generous Primary Bedroom Includes A Large Double Closet, While Additional Pantry Storage Provides Extra Convenience And Organization. A Standout Feature Of This Home Is The Fully Owned HVAC System And Water Heater-No Rental Contracts To Assume, Saving Approximately $150 Per Month. Enjoy The Convenience Of One Underground Parking Space And One Locker. Ideally Located Steps To Humber Sheppard Park, Joseph Bannon Park, Local Restaurants, Shopping, Transit, And Everyday Amenities. Easy Access To Highways 401 & 400, York University, And Toronto Pearson Airport Makes Commuting A Breeze.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13248616
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Sheppard and Weston
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$364/mo
Exposure
West
Property tax
$2,985 / 2026
Days on market
42
Listing brokerage
GET SOLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$740Kest. value

Listed at $620,000, this home is within the range of comparable homes, on the lower 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 W5, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $515K, lower than the comparables and worth a second look.

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 $799K
  • Bathrooms −$15K
  • Adjusts to $784K

That comparable adjusts to $784K; the $740K estimate above is the median of all 5 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 Gulfstream Public 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. Sheppard Ave West at Rivalda Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$584KGreat deal$784KOverpriced

Total price vs nearby homes. Fair value about $740K, median of 5 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Humberlea-Pelmo Park W5 · asking prices
$649kavg asking

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

50-2315 Sheppard Avenue$600k89-100 Parrotta Drive$650k14-2335 Sheppard Avenue$698k

The 3 closest active listings nearby.

See all comparable homes
620kThis home600k650k698kThis home vs active comparables
Live market pulseActive comparables in Humberlea-Pelmo Park W5 · median list $598K
$564this home / sqft
16active listings nearby
42days on market

This home lists 3% below the area average of $581/sqft.

38 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Humberlea-Pelmo Park W5, 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

70/ 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: Sheppard Ave West at Rivalda Rd, about 161 m away

20+ transit stops1 grocery20+ dining12 parks3 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.

Humbermede
$509K
Islington-City Centre West
$849K
Willowdale East
$799K
New Toronto
$780K
Niagara
$559K

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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$2,826/mo
$126KIncome needed
4.9×Price ÷ income
$652Weekly 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.

82%mortgage
Mortgage $2,826Property tax $249Condo fee $364Total carry $3,439

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%
$
%
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)
$2,647per month

Mortgage amount $496,000 · 4.14% over 25 years

$124,000Down payment (20.0%)
$496,000Loan before insurance
$0CMHC premium
$3,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,647
Property tax
$249
Condo / maintenance fees
$364
Heating
$0
Estimated monthly cost
$3,260

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

One-time closing costs

Ontario land transfer tax
$8,875
Toronto municipal land transfer tax
$8,875
Estimated closing costs
$17,750

Plus your down payment of $124,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,215/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

$298,052Total interest paid
$794,052Total of all payments
Principal $496,000 Interest $298,052
YearPrincipalInterestBalance
1$11,620$20,143$484,380
2$12,106$19,656$472,275
3$12,612$19,150$459,663
4$13,139$18,623$446,523
5$13,689$18,073$432,834
6$14,262$17,500$418,573
7$14,858$16,904$403,714
8$15,480$16,282$388,235
9$16,127$15,635$372,107
10$16,802$14,960$355,306
11$17,505$14,257$337,801
12$18,237$13,525$319,564
13$19,000$12,762$300,565
14$19,794$11,968$280,770
15$20,622$11,140$260,148
16$21,485$10,277$238,663
17$22,384$9,378$216,279
18$23,320$8,442$192,960
19$24,295$7,467$168,664
20$25,312$6,451$143,353
21$26,370$5,392$116,982
22$27,473$4,289$89,509
23$28,622$3,140$60,887
24$29,820$1,942$31,067
25$31,067$695$0

At the end of your 5-year term

Total paid over the term
$158,810
Principal paid down
$63,166
Interest paid
$95,645
Balance remaining
$432,834

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$3,400/mo
$40,800Gross annual rent
4.6%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.

6.6%
Gross yield
− Property tax $2,985− Condo fees $4,371− Insurance $600− Vacancy & upkeep $4,488Net operating income $28,356

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

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