48 Venetian Crescent, Toronto, ON
Glenfield-Jane Heights, Toronto · MLS® W13628350
About this home
In short
- Welcome to this bright and freshly painted semi-detached backsplit in the heart of North York! offering the perfect blend comfort & opportunities.
- Step inside to a sun-filled interior featuring warm hardwood floors, stylish finishes, and a spacious open-concept living &dining area perfect for everyday living &...
- The updated kitchen offers ample cabinetry, eat in kitchen, SS appliances & exit to a generous private backyard.
- The upper level features 3 spacious bedrooms, updated bathroom & ample storage while the fully self-contained lower level contains a 2 bedroom apartment featuring...
- Located close to schools, parks, shops, community center, hospitals, & quick access to 400/401The home makes everyday life easy, the possibilities are endless.
Welcome to this bright and freshly painted semi-detached backsplit in the heart of North York! offering the perfect blend comfort & opportunities. This well-maintained home is ideal for families, investor , or buyers looking for a mortgage helper. Step inside to a sun-filled interior featuring warm hardwood floors, stylish finishes, and a spacious open-concept living &dining area perfect for everyday living & entertaining. The updated kitchen offers ample cabinetry, eat in kitchen, SS appliances & exit to a generous private backyard. The upper level features 3 spacious bedrooms, updated bathroom & ample storage while the fully self-contained lower level contains a 2 bedroom apartment featuring separate entrance, open concept kitchen/living room and plenty of storage . Ideal for multi-generational living, growing teenagers or rental income. Enjoy an extra- long private driveway & a fully fenced backyard ready for family get togethers, gardening or just enjoying the sun while the kids play!! Located close to schools, parks, shops, community center, hospitals, & quick access to 400/401The home makes everyday life easy, the possibilities are endless!!!
Key facts
- Property type
- Semi-Detached, Backsplit 3
- MLS®
- W13628350
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 30 × 120 ft
- Cross streets
- JANE & YEWTREE
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,115 / 2026
- Days on market
- 59
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
hardwood floor · large closet · large window
hardwood floor · large closet · large window
hardwood floor · combined w/dining
hardwood floor · picture window · open concept
hardwood floor · double closet · large window
pot lights · combined w/kitchen · open concept
quartz counter · stainless steel appl · eat-in kitchen
laminate · window · large window
laminate · window
Listed at $899,000. Going by how homes in Glenfield-Jane Heights and the wider GTA have actually closed against their asking prices (about 98%, 27 local closings in 90 days), the likely sale price is near $881K, if it sells. A realistic range is $826K to $993K.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 59 days on the market against about 38 for homes like it here, and asking 32% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $881K, from 27 recent closings in this pocket.
The market behind the math:
About 2.2 months of inventory: 20 semi-detached homes for sale in the area against 27 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $692/sqft against an area asking average of $618/sqft.
- basement apartment features. A finished 2 bed basement apartment. 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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $737K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 27 comparable homes that sold in Glenfield-Jane Heights over the past two years, from 155 closings there.
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 $679K, which is where my estimate comes from.
Per square foot, these ask about $651/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & 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 September 30, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,977
- Property tax
- $260
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,236
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Toronto municipal land transfer tax
- $14,455
- Estimated closing costs
- $28,910
Plus your down payment of $179,800. 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
- $238,595
- Principal paid down
- $87,873
- Interest paid
- $150,722
- Balance remaining
- $631,327
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 6 whole-home leases in Glenfield-Jane Heights signed at a median of $2,850 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,713. 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 ULTIMATE REALTY INC.. MLS®/PropTx.