62 Cormier Heights, Toronto, ON
Mimico, Toronto · MLS® W13564930
About this home
Welcome to this exceptional executive freehold townhome by Dunpar Homes, perfectly positioned in the heart of Mimico, just minutes to the QEW, Gardiner, 427 and Mimico GO. The classic stone and brick exterior leads into an exquisitely tiled foyer and a bright, open-concept main level featuring 9-foot ceilings, upgraded hardwood floors, crown moulding and modern pot lighting throughout. Large windows fill the space with natural light. The living area centres around a gas fireplace with custom built-ins and integrated surround sound, ideal for everyday living and entertaining. The upgraded designer kitchen is the heart of the home, featuring a spacious centre island and breakfast bar seating with quartz countertops, extended cabinetry and stainless steel appliances. A walkout from the living room leads to a large sunny deck with gas BBQ hookup, perfect for seamless indoor-outdoor living. The second level features two spacious bedrooms, a beautifully appointed 4-piece bathroom and a separate laundry room, both finished in striking high-end tile. The entire third floor is dedicated to the primary retreat, complete with a private balcony, walk-in closet with custom organizers and a spa-inspired ensuite featuring soaker tub and glass shower. The ground level offers a versatile flex space ideal as a bedroom or office, a 2-piece bathroom and direct access to the oversized tandem garage with parking for two vehicles. The home is also equipped with central vacuum throughout and upgraded tankless boiler system for added convenience. Visitor parking is located directly across the street, adjacent to the park, offering exceptional convenience for guests. Surrounded by parks, schools, shops and community amenities, this home delivers the perfect balance of comfort, design and location. A rare opportunity in one of Mimico's most desirable enclaves.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- W13564930
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 14.01 × 62.01 ft
- Cross streets
- Islington Ave & Evans Ave
- Parking
- 2 garage (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,786 / 2026
- Days on market
- 2
- Listing brokerage
- REAL ESTATE HOMEWARD
Listed at $1,199,900, this home is right in line with comparable homes. 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 $1.22M, 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.
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.
- Open-concept layout: modern, sought-after flow.
- 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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 7% above the area average of $639/sqft.
7 days faster than the Toronto average (9 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 104 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 $959,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,122
- Property tax
- $482
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,605
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,473
- Toronto municipal land transfer tax
- $20,473
- Estimated closing costs
- $40,946
Plus your down payment of $239,980. 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
- $307,349
- Principal paid down
- $122,246
- Interest paid
- $185,103
- Balance remaining
- $837,674
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 REAL ESTATE HOMEWARD. MLS®/PropTx.