126 Close Avenue, Toronto, ON
South Parkdale, Toronto · MLS® W13627516
About this home
In short
- Bring your vision to one of the city's most coveted neighbourhoods.
- Rich in character, and scale with over 2500 sq' above grade.
- The main-floor suite offers two well-proportioned bedrooms, high ceilings, and an efficient layout.
Bring your vision to one of the city's most coveted neighbourhoods. Rich in character, and scale with over 2500 sq' above grade. Whether reimagined as a sophisticated single-family residence, a thoughtfully updated duplex, or a high-performing income property, this property has excellent potential. Currently configured as two self-contained suites, the upper residence spans two levels and features three generous bedrooms alongside a bright, airy living space. The main-floor suite offers two well-proportioned bedrooms, high ceilings, and an efficient layout. Original details and period charm remain throughout, providing an authentic foundation for a modern transformation. Positioned in an exceptionally walkable pocket of the city, you're just steps from beloved cafes, independent boutiques, parks, schools, and transit, with seamless access to the Gardiner for easy commuting.
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- W13627516
- Bedrooms
- 5
- Bathrooms
- 3
- Size
- 2500-3000 sq ft
- Lot
- 22.17 × 97.83 ft
- Cross streets
- Close Ave & King St
- Parking
- 0 parking
- Basement
- Unfinished
- Heating
- Radiant
- A/C
- None
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,775 / 2026
- Days on market
- 80
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
window · closet
window · hardwood floor
Window
hardwood floor · window
hardwood floor · closet · window
hardwood floor · formal rm
hardwood floor · fireplace · window
Separate Room
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readIts public catchment (Parkdale Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Neighbourhood & location
South Parkdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 20, 2026); conventional rates run a little higher.
Mortgage amount $799,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $565
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,987
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Estimated closing costs
- $32,946
Plus your down payment of $199,980. 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
- $265,374
- Principal paid down
- $97,735
- Interest paid
- $167,638
- Balance remaining
- $702,185
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 KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.