48 Venetian Crescent, Toronto, ON
Glenfield-Jane Heights, Toronto · MLS® W13437230
About this home
Welcome to this bright and freshly painted semi-detached 3-level backsplit in the heart of NorthYork! Offering exceptional versatility & income potential, this well-maintained home is ideal for families, multi-generational living, or buyers looking for a mortgage helper. Step inside to a sun-filled interior featuring warm hardwood floors, stylish finishes, and a spacious open-concept living & dining area perfect for everyday living & entertaining. The updated kitchen offers ample cabinetry, an eat-in kitchen & exit to a generous private backyard. The upper level features 3 spacious bedrooms, while the fully self-contained lower level boasts a separate entrance & a bright 2-bdr basement apartment-ideal for extended family, or rental income. Enjoy an extra-long private driveway and a convenient location just steps to Jane & Finch Mall, Yorkgate Mall, TTC, Finch LRT, schools, parks, and York University. Quick access to Highways 400 and 401 makes commuting a breeze. Basement currently renting for $2200.00 monthly. A fantastic opportunity to own a versatile family home with income potential in a highly convenient North York neighbourhood!!!
Key facts
- Property type
- Semi-Detached, Backsplit 3
- MLS®
- W13437230
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 30 × 120 ft
- Cross streets
- JANE & YEWTREE
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,115 / 2026
- Days on market
- 35
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
quartz counter · stainless steel appl · eat-in kitchen
hardwood floor · large closet · large window
hardwood floor · double closet · large window
hardwood floor · combined w/dining
hardwood floor · picture window · open concept
pot lights · combined w/kitchen · open concept
laminate · window
hardwood floor · large closet · large window
laminate · window · large window
Listed at $995,101, this home is tracking about 12% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $784K, a bit lower.
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 $800K
- Bedrooms +$30K
- Adjusts to $830K
That comparable adjusts to $830K; the $887K estimate above is the median of all 22 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 Oakdale Park Middle 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. Jane St at Firgrove Cres South Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $887K, median of 22 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 14% above the area average of $671/sqft.
31 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Glenfield-Jane Heights, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Jane St at Firgrove Cres South Side, about 143 m away
Within a 15-minute (1.5 km) walk.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $796,081 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,248
- Property tax
- $260
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,508
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,377
- Toronto municipal land transfer tax
- $16,377
- Estimated closing costs
- $32,754
Plus your down payment of $199,020. 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
- $254,891
- Principal paid down
- $101,381
- Interest paid
- $153,510
- Balance remaining
- $694,700
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 RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.