21 Ruby Lang Lane, Toronto, ON

Mimico, Toronto · MLS® W13535336

$1,199,990
For Sale
Listed 10 days ago
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4Bedrooms
3Bathrooms
2Garage
1500-2000Sq Ft

About this home

Welcome to 21 Ruby Lang Lane, an exceptional freehold POTL townhouse built by Dunpar in 2009, ideally located in the heart of prestigious Islington Village. Proudly offered by the original owners, this meticulously maintained home showcases outstanding pride of ownership. Perfectly positioned across from a beautifully landscaped park and backing onto charming bungalows, this sun-filled residence offers rare privacy and desirable southern exposure. Featuring approximately 1,970 SF plus a private 176 SF terrace, this extensively upgraded home blends luxury and functionality throughout. The lower level features heated tile floors, a 2-piece bath, and a premium office/den with custom California Closets built-ins. An oversized tandem garage offers parking for 2 vehicles plus exceptional storage. Hardwood staircases, 9-foot ceilings on the main and third floors, hardwood in the primary suite, and custom window coverings throughout enhance the elegant interior. The living room offers hardwood floors, gas fireplace, built-in ceiling speakers, crown moulding and scenic park views. The designer kitchen features granite counters, centre island, breakfast bar, pantry, valance lighting, new stainless steel fridge, gas range, built-in dishwasher and microwave, with walkout to a private terrace with retractable awning and gas BBQ line. The bedroom level includes a spacious second bedroom with southern exposure and custom built-ins, a third bedroom with park views, a full 4-piece bath, and convenient laundry. The luxurious third-floor primary retreat offers a sitting area, private balcony, custom built-in closet, walk-in closet complete with custom closet organizer & spa-inspired 5-piece ensuite with double vanity, whirlpool soaker tub, and frameless glass shower. POTL fees cover professional landscaping and snow removal. Minutes to Mimico GO, steps to The Queensway, Lakeshore, and easy QEW/427 access. A rare turnkey opportunity in one of Etobicoke's most sought-after communities.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13535336
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
14 × 62 ft
Cross streets
Evans Avenue & Islington Ave
Parking
2 garage (built-in)
Driveway
Lane
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$5,693 / 2025
Days on market
10
Listing brokerage
POPE REAL ESTATE LIMITED

Rooms

FoyerMain3.32 × 2.08 m

tile floor · heated floor · w/o to garage

KitchenSecond3.96 × 3.91 m

stainless steel appl · centre island · w/o to terrace

OtherUpper3.96 × 1.50 m

closet · hardwood floor

LaundrySecond2.11 × 1.65 m

tile floor · laundry sink

Dining RoomSecond4.19 × 2.79 m

hardwood floor · overlooks living · crown moulding

Living RoomSecond3.96 × 3.96 m

hardwood floor · fireplace · overlooks park

OtherUpper3.96 × 2.80 m

tile floor · 5 pc ensuite

Bedroom 3Second3.94 × 3.43 m

broadloom · closet · overlooks park

OfficeMain2.69 × 2.53 m

tile floor · heated floor · b/i desk

Bedroom 2Second3.96 × 3.96 m

broadloom · b/i bookcase · closet

Primary BedroomUpper6.63 × 3.96 m

walk-in closet(s) · balcony · 5 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.14Mest. value

Listed at $1,199,990, this home is about 5% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

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 $1.18M, a close match.

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 $1.10M
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $1.14M 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 George R Gauld Junior 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. Evans Ave at Ourland Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.10MGreat deal$1.20MOverpriced

Total price vs nearby homes. Fair value about $1.14M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.17Mavg asking

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

62 Cormier Heights$1.20M71 Cormier Heights$1.23M77 Ruby Lang Lane$1.14MC-839 Oxford Street$1.10M

The 4 closest active listings nearby.

See all comparable homes
1.20MThis home1.20M1.23M1.14M1.10MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $1.20M
$686this home / sqft
5active listings nearby
10days on market

This home lists 7% above the area average of $639/sqft.

1 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

Mimico, 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

74/ 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: Evans Ave at Ourland Ave, about 87 m away

20+ transit stops3 grocery20+ dining20+ parks13 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.

Roncesvalles
$999K
Trinity-Bellwoods
$1.12M
Moss Park
$1.27M
Cabbagetown-South St. James Town
$1.71M
Downsview-Roding-CFB
$805K

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 George R Gauld Junior School
73%
George R Gauld Junior SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$5,469/mo
$227KIncome needed
5.3×Price ÷ income
$1,262Weekly 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.

92%mortgage
Mortgage $5,469Property tax $474Total carry $5,944

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)
$5,123per month

Mortgage amount $959,992 · 4.14% over 25 years

$239,998Down payment (20.0%)
$959,992Loan before insurance
$0CMHC premium
$5,597Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,123
Property tax
$474
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,597

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

One-time closing costs

Ontario land transfer tax
$20,475
Toronto municipal land transfer tax
$20,475
Estimated closing costs
$40,950

Plus your down payment of $239,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,222/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

$576,870Total interest paid
$1,536,862Total of all payments
Principal $959,992 Interest $576,870
YearPrincipalInterestBalance
1$22,489$38,985$937,503
2$23,430$38,044$914,073
3$24,410$37,064$889,663
4$25,431$36,043$864,232
5$26,495$34,980$837,737
6$27,603$33,871$810,134
7$28,758$32,717$781,376
8$29,961$31,514$751,416
9$31,214$30,261$720,202
10$32,519$28,955$687,682
11$33,880$27,595$653,803
12$35,297$26,178$618,506
13$36,773$24,701$581,733
14$38,311$23,163$543,422
15$39,914$21,561$503,508
16$41,583$19,891$461,925
17$43,323$18,152$418,602
18$45,135$16,340$373,467
19$47,023$14,452$326,444
20$48,990$12,485$277,455
21$51,039$10,436$226,416
22$53,174$8,301$173,242
23$55,398$6,077$117,844
24$57,715$3,759$60,129
25$60,129$1,345$0

At the end of your 5-year term

Total paid over the term
$307,372
Principal paid down
$122,255
Interest paid
$185,117
Balance remaining
$837,737

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
2.2%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.

3.2%
Gross yield
− Property tax $5,693− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,549

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of POPE REAL ESTATE LIMITED. MLS®/PropTx.

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