50 Cobb Avenue, Toronto, ON
Glenfield-Jane Heights, Toronto · MLS® W13585570
About this home
In short
- Impressive 4+3 Bedroom, 1,385 Sq.
- An ideal multi-generational home or investment opportunity featuring 3 separate entrances and parking for up to 7 vehicles on two driveways.
- The beautifully updated modern kitchen offers stainless steel appliances, abundant cabinetry, and contemporary finishes that complement the extensive renovations...
- Freshly painted with new laminate flooring in the living and dining rooms, pot lighting, updated main bathroom, and a spacious primary bedroom featuring a renovated...
- Ideally located close to the Finch West LRT, York University, Toronto Pearson Airport, Yorkdale Mall, schools, parks, shopping, restaurants, hospitals, grocery...
Impressive 4+3 Bedroom, 1,385 Sq. Ft. Bungalow with Two Fully Finished In-Law Suites! An ideal multi-generational home or investment opportunity featuring 3 separate entrances and parking for up to 7 vehicles on two driveways. Welcoming covered verandah with double-door entry. The beautifully updated modern kitchen offers stainless steel appliances, abundant cabinetry, and contemporary finishes that complement the extensive renovations completed throughout the home. Freshly painted with new laminate flooring in the living and dining rooms, pot lighting, updated main bathroom, and a spacious primary bedroom featuring a renovated ensuite and walk-in closet. The fully finished lower level offers two separate in-law suites, pot lighting, and separate entrances, making it ideal for extended family or excellent income potential. Enjoy a maintenance-free backyard with artificial grass and a covered BBQ canopy for outdoor entertaining. Meticulously maintained inside and out, this turnkey property is truly move-in ready. Ideally located close to the Finch West LRT, York University, Toronto Pearson Airport, Yorkdale Mall, schools, parks, shopping, restaurants, hospitals, grocery stores, public transit, and major highways 400, 401, 407 & 409, offering exceptional convenience and connectivity. Great opportunity to live in and rent! Seller and Listing Brokerage make no legal representation regarding the retrofit status of the basement.
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- W13585570
- Bedrooms
- 4+3 (7 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 36.75 × 115 ft
- Cross streets
- East of Jane/ North of Sheppard Ave W
- Parking
- 1 garage · 7 parking (carport)
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,261 / 2025
- Days on market
- 79
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
laminate · pot lights · overlook patio
ceramic floor · eat-in kitchen · above grade window
laminate · pot lights · above grade window
broadloom · closet · above grade window
ceramic floor · stainless steel appl · ceramic backsplash
laminate · closet · pocket doors
laminate · walk-in closet(s) · 3 pc ensuite
broadloom · closet · pocket doors
laminate · walk-out · above grade window
tile floor · closet · above grade window
laminate · closet · b/i shelves
laminate · pot lights · crown moulding
tile floor · closet · above grade window
concrete floor · laundry sink
laminate · closet · south view
Listed at $1,049,800. Going by how homes in Glenfield-Jane Heights and the wider GTA have actually closed against their asking prices (about 98%, 26 local closings in 90 days), the likely sale price is near $1.03M, if it sells. A realistic range is $965K to $1.16M.
Independent value check: $957K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $897K and $1.00M).
Why $957K. The typical semi-detached home sold in Glenfield-Jane Heights over the past year went for about $870K (77 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,261 a year; the typical home sold here pays about $3,700.
- ▲ Raises it slightly1 garage and 7 total parking spaces, against 1 and 4 typically.
Longer on the market than typical. 79 days on the market against about 37 for homes like it here, and asking 10% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.03M, from 26 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 20 semi-detached homes for sale in the area against 26 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $808/sqft against an area asking average of $635/sqft.
- Separate-entrance basement apartment features. A finished 3 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Glenfield-Jane Heights: 12 of the 42 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $856K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Oakdale Park Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Glenfield-Jane Heights, so I widened the search to the surrounding area.
Based on 3 homes sold on this street over the past two years, plus 2 nearby in Glenfield-Jane Heights, from 156 closings in Glenfield-Jane Heights.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $957K, which is where my estimate comes from.
Per square foot, these ask about $645/sqft; this home lists at $808/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Glenfield-Jane Heights: $838K in September 2026, down 6% from a year ago, on 62 closings in 8 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $874K | 12 |
| November 2025 | $900K | 5 |
| December 2025 | $883K | 6 |
| April 2026 | $801K | 5 |
| June 2026 | $879K | 6 |
| July 2026 | $850K | 12 |
| August 2026 | $796K | 10 |
| September 2026 | $838K | 6 |
Neighbourhood & location
Glenfield-Jane Heights, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.
Mortgage amount $839,840 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,644
- Property tax
- $355
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,999
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,471
- Toronto municipal land transfer tax
- $17,471
- Estimated closing costs
- $34,942
Plus your down payment of $209,960. 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
- $278,617
- Principal paid down
- $102,613
- Interest paid
- $176,004
- Balance remaining
- $737,227
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
The suite is real income here: basements rent in Glenfield-Jane Heights (12 of 42 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 11 whole-home leases in Glenfield-Jane Heights signed at a median of $2,650 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,908. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.