1-2A Muir Avenue, Toronto, ON

Humber Summit, Toronto · MLS® W13508096

$849,000
For Sale
Listed 17 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Rare, nearly new, END-UNIT townhome, at the luxurious Belmont Residences! The Ascot 2 model by Caliber Homes offers 1,901 sq.ft. of bright, modern living space featuring a stately stone/brick facade and front/rear/garage entries. $$$ spent on upgrades - smooth ceilings throughout, spotlights for main & second floors. Inside, discover a main-floor recreation room, 9 ft. ceilings, and oversized Energy Star windows throughout. An elegant oak staircase leads to an incredible open-concept great room, dining area, and a gourmet kitchen featuring stone countertops, upgraded cabinetry & stainless steel sink, a walk-in pantry, and a walk-out balcony. Includes a premium Fisher & Paykel stainless steel appliance package with a double dishwasher. The third floor hosts 3 bedrooms, including a principal retreat with its own private balcony and a frameless glass-shower ensuite. Efficient HRV (heat recovery ventilator) system included. Nestled in a family-friendly enclave steps to transit, parks, trails, schools, and minutes to Highways 400/407! Don't miss your chance to make this exceptional home your own!

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13508096
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000
Lot
25.46 × 64.65 ft
Cross streets
Islington Ave & Muir Ave
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,562 / 2025
Days on market
17
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

KitchenSecond2.32 × 3.54 m

open concept · eat-in kitchen

Great RoomSecond3.90 × 4.57 m

combined w/br · w/o to balcony

Bedroom 2Third2.44 × 2.83 m

b/i closet · 3 pc bath

Primary BedroomThird3.05 × 4.72 m

w/o to balcony · 4 pc ensuite · b/i closet

Bedroom 3Third3.11 × 3.57 m

Walk-In Closet(s)

RecreationGround3.23 × 3.05 m

combined w/laundry · access to garage

Dining RoomSecond3.17 × 4.72 m

combined w/living · 2 pc bath

Moe’s TakeTeam Asgarian · Broker
Below comparables
$980Kest. value

Listed at $849,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Humber Summit, so I widened the search to the surrounding area.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $834K, 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 $1.26M
  • Adjusts to $1.26M

That comparable adjusts to $1.26M; the $980K estimate above is the median of all 8 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 Humber Summit 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. Islington Av / Muir Av is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$849KGreat deal$1.07MOverpriced

Total price vs nearby homes. Fair value about $980K, median of 8 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.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$925kavg asking

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

9 Thomas Mulholland Drive$799k3014 Islington Avenue$799k110 Tisdale Avenue$899k2 Hayes Lane$1.06M64 Curzon Street$1.07M

The 5 closest of 8 active listings nearby.

See all comparable homes
849kThis home799k799k899k1.06M1.07MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $989K
$485this home / sqft
78active listings nearby
17days on market

This home lists 28% below the area average of $673/sqft.

8 days longer than the Toronto average (9 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Humber Summit, 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

77/ 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: Islington Av / Muir Av, about 115 m away

20+ transit stops2 grocery20+ dining17 parks8 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.

West Humber-Clairville
$937K
Downsview-Roding-CFB
$805K
Willowdale East
$1.10M
Mimico
$1.18M
Roncesvalles
$999K

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 Gracedale Public School
53%
Gracedale Public SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 53% meet the provincial standard

Affordability & Mortgage

Affordability
$3,869/mo
$163KIncome needed
5.2×Price ÷ income
$893Weekly 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.

91%mortgage
Mortgage $3,869Property tax $380Total carry $4,250

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)
$3,624per month

Mortgage amount $679,200 · 4.14% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$4,005Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,624
Property tax
$380
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,005

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

One-time closing costs

Ontario land transfer tax
$13,455
Toronto municipal land transfer tax
$13,455
Estimated closing costs
$26,910

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,402/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

$408,139Total interest paid
$1,087,339Total of all payments
Principal $679,200 Interest $408,139
YearPrincipalInterestBalance
1$15,911$27,582$663,289
2$16,577$26,917$646,712
3$17,270$26,223$629,442
4$17,993$25,501$611,449
5$18,745$24,748$592,704
6$19,529$23,964$573,174
7$20,346$23,147$552,828
8$21,197$22,296$531,631
9$22,084$21,410$509,547
10$23,008$20,486$486,539
11$23,970$19,524$462,569
12$24,973$18,521$437,597
13$26,017$17,476$411,580
14$27,105$16,388$384,474
15$28,239$15,254$356,235
16$29,420$14,073$326,814
17$30,651$12,842$296,163
18$31,933$11,560$264,230
19$33,269$10,225$230,961
20$34,660$8,833$196,301
21$36,110$7,383$160,191
22$37,621$5,873$122,570
23$39,194$4,299$83,376
24$40,834$2,660$42,542
25$42,542$952$0

At the end of your 5-year term

Total paid over the term
$217,468
Principal paid down
$86,496
Interest paid
$130,972
Balance remaining
$592,704

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$3,150/mo
$37,800Gross annual rent
3.3%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.

4.5%
Gross yield
− Property tax $4,562− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,680

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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