2 Grenadine Court, Toronto, ON
Humber Summit, Toronto · MLS® W13664966
About this home
In short
- Welcome to this beautifully renovated 4-bedroom, 2-bathroom backsplit, perfectly situated on a premium corner lot.
- Extensively updated in 2020, the home showcases a stunning modern kitchen, new front windows, front door, and railings.
- A separate entrance to the basement and kitchen rough-in provide excellent flexibility for an in-law suite, multi-generational living, or future secondary living...
- Step outside to your private backyard oasis, complete with a spacious entertainment deck and fully equipped outdoor kitchen featuring a built-in BBQ, wood-fired oven...
Welcome to this beautifully renovated 4-bedroom, 2-bathroom backsplit, perfectly situated on a premium corner lot. Featuring a rare backsplit layout, this move-in-ready semi-detached home offers exceptional space, functionality, and flexibility for growing families. Extensively updated in 2020, the home showcases a stunning modern kitchen, new front windows, front door, and railings. The thoughtfully designed multi-level layout creates distinct living spaces, complemented by a dedicated laundry room for added convenience. A separate entrance to the basement and kitchen rough-in provide excellent flexibility for an in-law suite, multi-generational living, or future secondary living space, subject to buyer verification and any required approvals. Step outside to your private backyard oasis, complete with a spacious entertainment deck and fully equipped outdoor kitchen featuring a built-in BBQ, wood-fired oven, and sink. Beautifully landscaped with mature trees, fruit trees, and established gardens, the outdoor space is just as inviting as the interior. An interlock driveway provides parking for three vehicles. Ideally located just minutes from the Finch West LRT, York University, Humber College, major highways, parks, schools, shopping, and everyday amenities, this truly unique turnkey home offers an exceptional combination of space, style, versatility, and location.
Key facts
- Property type
- Semi-Detached, Backsplit 5
- MLS®
- W13664966
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 58.15 × 88.44 ft
- Cross streets
- Islington Ave & Finch Ave W
- Parking
- 1 garage · 4 parking (built-in)
- Basement
- Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,652 / 2026
- Days on market
- 31
- Listing brokerage
- RIGHT AT HOME REALTY
Listed at $1,249,000. My estimate lands at $803K, so the ask sits about 56% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Second read, from the city assessment: $800K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $803K, median of 5 comparables.
The market behind the math:
About 3.8 months of inventory: 15 semi-detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $961/sqft against an area asking average of $632/sqft. Size and $/sqft both feed the estimate above.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $800K, a close match.
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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Humber Summit 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
This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.
There were not many closely comparable homes right in Humber Summit, 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 Humber Summit, from 89 closings in Humber Summit.
For sale
For sale
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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 $803K, which is where my estimate comes from.
Per square foot, these ask about $612/sqft; this home lists at $961/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
Humber Summit, 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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $999,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,387
- Property tax
- $304
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,691
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,455
- Toronto municipal land transfer tax
- $21,455
- Estimated closing costs
- $42,910
Plus your down payment of $249,800. 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
- $323,208
- Principal paid down
- $125,757
- Interest paid
- $197,451
- Balance remaining
- $873,443
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 Humber Summit (10 of 37 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 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 Humber Summit signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,000. 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 RIGHT AT HOME REALTY. MLS®/PropTx.