299 Quebec Avenue, Toronto, ON
Junction Area, Toronto · MLS® W13481142
About this home
Investor's Dream! Rare Opportunity To Own A Legal Triplex In The Heart Of The Junction. This Semi-Detached Income Property Offers Approx. 2,744 Sq.Ft. above grade, Creating Exceptional Cash Flow And House-Hacking Potential. Live In One Unit While The Other Suites Help Pay Your Mortgage, Or Maximize Income By Renting All 3 Levels. The 2nd Floor Unit Is Currently Tenanted, Providing Immediate Rental Revenue. Two Of The Three Units Have Been Recently Renovated, Including The Addition Of New A/C Units On Each Floor For Enhanced Comfort And Efficiency. Rare 2-Car Garage Plus Ample Street Parking. Unbeatable Location Directly Across From Humberside Collegiate Institute, One Of Toronto's Top-Ranked High Schools. Steps To High Park, High Park Subway Station, Bloor West Village, The Junction, Trendy Restaurants, Cafes, Shops, Grocery Stores, And All Major Amenities. Quick Access To Downtown Toronto. A Turnkey, Income-Generating Property In One Of Toronto's Most Desirable And High-Demand Rental Neighborhoods
Key facts
- Property type
- Other, 2-Storey
- MLS®
- W13481142
- Bedrooms
- 8
- Bathrooms
- 3
- Size
- 2500-3000
- Lot
- 24.41 × 133 ft
- Cross streets
- Parkside Dr & Bloor Street W
- Parking
- 2 garage · 4 parking (other)
- Basement
- Finished
- Heating
- Water
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $8,913 / 2025
- Days on market
- 30
- Listing brokerage
- RE/MAX PREMIER THE OP TEAM
Rooms
Listed at $1,798,800, and my independent estimate is right in line with comparable homes.
In Junction Area lately, sellers get about 95% of asking; homes sell in ~39 days · prices down 24% YoY.
Total price vs nearby homes. Fair value about $1.85M, median of 7 comparables.
How this estimate is builtthe short version
I take the 7 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 $1.66M, a bit lower.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Junction Area, so I widened the search to the surrounding area.
Based on 7 comparable homes that recently sold nearby.
This home lists 22% below the area average of $838/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Junction Area, 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 $1,439,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,679
- Property tax
- $743
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,422
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,451
- Toronto municipal land transfer tax
- $32,451
- Estimated closing costs
- $64,902
Plus your down payment of $359,760. 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
- $460,755
- Principal paid down
- $183,262
- Interest paid
- $277,493
- Balance remaining
- $1,255,778
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
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 PREMIER THE OP TEAM. MLS®/PropTx.