53 Grampian Crescent, Toronto, ON
Humber Summit, Toronto · MLS® W13508860
About this home
Nestled in a highly desirable West Side neighborhood just steps from the new Finch West LRT, this freshly painted, exceptionally versatile home offers the perfect blend of space, convenience, and income potential. Step through the front entry door into a bright and expansive living and dining area, complemented by hardwood floors, a bay window and an oversized eat-in kitchen with stone counters and stainless steel appliances. This particular multi-level layout features 3 bathrooms, a walk-out to the oversize backyard from the main floor, and 4 large sized bedrooms, including primary bedrooms, on each level with their own walk-in closet. A key highlight is the side door separate entrance leading directly to the ground floor and basement areas, offering incredible potential to easily convert the property into a two-unit rental or a private in-law suite. Outside, the premium, fully fenced 30 x 150-foot lot provides a massive, private backyard ideal for large family gatherings. Complete with major mechanical upgrades-including a newer roof (2 years old) alongside the furnace, central air conditioning, and a tankless hot water tank (all 3 years old). This home offers total peace of mind. Enjoy an unbeatable Humber Summit west side location within walking distance to beautiful Rowntree Mills Park and the scenic nature trails along the Humber River, while remaining just minutes from major highways, shopping, hospitals, and rapid transit to Humber College and the subway network. An incredible opportunity with endless potential - don't miss it!
Key facts
- Property type
- Semi-Detached, Backsplit 4
- MLS®
- W13508860
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 30 × 150.91 ft
- Cross streets
- Islington Btwn Steeles & Finch
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance, Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,929 / 2026
- Days on market
- 16
- Listing brokerage
- ROYAL LEPAGE CITIZEN REALTY
Rooms
2 pc bath · closet
laminate · glass block window
laminate · walk-in closet(s) · b/i closet
combined w/living · hardwood floor
combined w/dining · bay window · hardwood floor
ceramic floor · window
granite counters · ceramic floor · stainless steel appl
laminate · walk-in closet(s) · large window
laminate · w/o to yard · closet
laminate · double closet · large window
laundry sink · 3 pc bath
Listed at $928,800, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with 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 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $900K, 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 $900K
- Bathrooms −$15K
- Adjusts to $885K
That comparable adjusts to $885K; the $1.14M estimate above is the median of all 13 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Islington Av / Milady Rd is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1.14M, median of 13 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- 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% below the area average of $614/sqft.
12 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Humber Summit, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Islington Av / Milady Rd, about 134 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 $743,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,965
- Property tax
- $327
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,293
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,051
- Toronto municipal land transfer tax
- $15,051
- Estimated closing costs
- $30,102
Plus your down payment of $185,760. 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
- $237,908
- Principal paid down
- $94,626
- Interest paid
- $143,282
- Balance remaining
- $648,414
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 ROYAL LEPAGE CITIZEN REALTY. MLS®/PropTx.