12 George McKenzie Court, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13562062

$1,499,900
For Sale
Listed 3 days ago
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4Bedrooms
3Bathrooms
2Garage · 7 parking
1500-2000Sq Ft

About this home

An exceptional opportunity to secure a truly unique property in one of Toronto's most picturesque settings. Situated on an impressive 100-foot frontage lot at the end of a quiet court, this raised bungalow offers breathtaking views overlooking the Humber River valley, surrounding ravine, and golf course. An outstanding opportunity for renovators, builders, investors, or end users looking to create their dream home, with potential lot severance and redevelopment possibilities (buyer to conduct their own due diligence).The existing home features a spacious and functional layout, including a main floor primary bedroom with a large walk-in closet (originally configured as a second bedroom), a full main bathroom, convenient powder room, and a bright kitchen with walkout to a large deck overlooking the spectacular natural setting. Ideally located close to transit, major highways, shopping, parks, schools, and everyday amenities, this is a rare chance to own an exceptional property with incredible potential in one of Toronto's most sought-after neighbourhoods.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13562062
Bedrooms
4 (1 + 3)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
100.82 × 173.62 ft
Cross streets
Weston Road/ Sheppard
Parking
2 garage · 7 parking (built-in)
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,499 / 2026
Days on market
3
Listing brokerage
RE/MAX NOBLECORP REAL ESTATE

Rooms

KitchenLower3.05 × 4.02 m

stainless steel appl · walk-out · updated

KitchenMain2.74 × 6.74 m

window · w/o to deck · laminate

Primary BedroomMain3.39 × 5.52 m

hardwood floor · window · walk-in closet(s)

OfficeMain3.17 × 3.47 m

hardwood floor · overlooks ravine · window

Family RoomMain4.30 × 7.28 m

hardwood floor · fireplace · overlooks ravine

BedroomLower2.96 × 3.66 m

window · laminate

Dining RoomMain3.78 × 3.90 m

hardwood floor · window

RecreationLower3.69 × 5.52 m

laminate · window · overlooks ravine

BedroomLower3.29 × 3.57 m

overlooks ravine · closet · laminate

BedroomLower3.14 × 3.56 m

laminate · closet · overlooks ravine

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.33Mest. value

Listed at $1,499,900, 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.

Priced above comparable homes overall, but the price per square foot ($857/sqft) is below the area, so you are paying for extra space rather than a premium.

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 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 $1.65M, higher than the comparables and worth a second look.

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 $950K
  • Size difference +$334K
  • Bathrooms +$15K
  • Adjusts to $1.30M

That comparable adjusts to $1.30M; the $1.33M 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 Gulfstream Public 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. Weston Rd at Starview Lane is about a 2-minute walk away.

List price
$1.30MGreat deal$1.50MOverpriced

Total price vs nearby homes. Fair value about $1.33M, 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.48Mavg asking

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

41 Burnview Crescent$1.43M400 Manse Road$1.75M39 Heathview Avenue$1.55M25 Grovetree Road$1.20M

The 4 closest active listings nearby.

See all comparable homes
1.50MThis home1.43M1.75M1.55M1.20MThis home vs active comparables
Live market pulseActive comparables in Humberlea-Pelmo Park W5 · median list $1.04M
$857this home / sqft
10active listings nearby
3days on market

This home lists 9% below the area average of $941/sqft.

2 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Humberlea-Pelmo Park W5, 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

57/ 100

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: Weston Rd at Starview Lane, about 158 m away

20+ transit stops2 grocery20+ dining14 parks3 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Alderwood
$998K

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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 1.3 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$6,836/mo
$280KIncome needed
5.3×Price ÷ income
$1,578Weekly 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.

93%mortgage
Mortgage $6,836Property tax $542Total carry $7,378

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)
$6,403per month

Mortgage amount $1,199,920 · 4.14% over 25 years

$299,980Down payment (20.0%)
$1,199,920Loan before insurance
$0CMHC premium
$6,945Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,403
Property tax
$542
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,945

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

One-time closing costs

Ontario land transfer tax
$26,473
Toronto municipal land transfer tax
$26,473
Estimated closing costs
$52,946

Plus your down payment of $299,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,777/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

$721,046Total interest paid
$1,920,966Total of all payments
Principal $1,199,920 Interest $721,046
YearPrincipalInterestBalance
1$28,110$48,729$1,171,810
2$29,286$47,553$1,142,524
3$30,511$46,328$1,112,013
4$31,787$45,052$1,080,226
5$33,117$43,722$1,047,110
6$34,502$42,337$1,012,608
7$35,945$40,894$976,663
8$37,448$39,390$939,215
9$39,015$37,824$900,200
10$40,647$36,192$859,553
11$42,347$34,492$817,206
12$44,118$32,720$773,088
13$45,964$30,875$727,124
14$47,886$28,952$679,238
15$49,889$26,949$629,348
16$51,976$24,862$577,372
17$54,150$22,688$523,222
18$56,415$20,423$466,807
19$58,775$18,064$408,032
20$61,233$15,605$346,798
21$63,795$13,044$283,003
22$66,463$10,375$216,540
23$69,243$7,595$147,297
24$72,140$4,699$75,157
25$75,157$1,682$0

At the end of your 5-year term

Total paid over the term
$384,193
Principal paid down
$152,810
Interest paid
$231,383
Balance remaining
$1,047,110

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
1.7%Est. cap rate

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 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.

2.5%
Gross yield
− Property tax $6,499− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,743

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

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