8 Fairglen Crescent, Toronto, ON
Humberlea-Pelmo Park W4, Toronto · MLS® W13677418
About this home
In short
- Excellent opportunity to own this stunning, newly renovated detached home with exceptional cash flow potential, located in one of North York's most desirable...
- Completely upgraded from top to bottom with quality craftsmanship, featuring elegant vinyl flooring throughout, an open-concept main floor, and a bright new kitchen...
- Includes a separate side entrance leading to a fully finished basement with a 4-piece bathroom.
- The backyard showcases interlocking, fresh grass, and a renovated outdoor room and washroom offering additional income potential.
- Upgrades include new entrance steps, risers, railing, deck, soffits, ductwork, air system, HVAC, insulation, drywall, downpipes, gutters, and all-new windows.
Excellent opportunity to own this stunning, newly renovated detached home with exceptional cash flow potential, located in one of North York's most desirable neighborhoods. Completely upgraded from top to bottom with quality craftsmanship, featuring elegant vinyl flooring throughout, an open-concept main floor, and a bright new kitchen with modern cabinets, granite countertops, stainless steel appliances, and a new exhaust hood. Pot lights throughout add a contemporary touch. Includes a separate side entrance leading to a fully finished basement with a 4-piece bathroom. The backyard showcases interlocking, fresh grass, and a renovated outdoor room and washroom offering additional income potential. Upgrades include new entrance steps, risers, railing, deck, soffits, ductwork, air system, HVAC, insulation, drywall, downpipes, gutters, and all-new windows. Ideally located within walking distance to TTC, schools, parks, banks, gas stations, car wash, and other amenities. Fully fenced backyard for added privacy.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13677418
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 4 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 25.03 × 120.55 ft
- Cross streets
- 401 & Weston Road
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $3,261 / 2026
- Days on market
- 46
- Listing brokerage
- RE/MAX GOLD REALTY INC.
Rooms
Granite Counters
Vinyl Floor
Vinyl Floor
Tile Floor
vinyl floor · open concept
vinyl floor · closet
Tile Floor
vinyl floor · open concept
vinyl floor · closet
Tile Floor
vinyl floor · double closet
granite counters · stainless steel appl
Listed at $799,900, about 7% below our estimate of $862K (homes like it typically land between $808K and $903K).
Why $862K. The typical detached home sold in Humberlea-Pelmo Park W4 over the past year went for about $1.15M (17 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,261 a year; the typical home sold here pays about $5,600.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it slightlyIts lot is 25 by 121 ft; the typical lot sold here is 50 by 125.
Total price vs nearby homes. Fair value about $862K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $615/sqft against an area asking average of $794/sqft.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $839K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is C R Marchant 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 Humberlea-Pelmo Park W4, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in Humberlea-Pelmo Park W4 over the past two years, from 38 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $862K, which is where my estimate comes from.
Per square foot, these ask about $705/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Humberlea-Pelmo Park W4, 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 $639,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,538
- Property tax
- $272
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,810
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,473
- Toronto municipal land transfer tax
- $12,473
- Estimated closing costs
- $24,946
Plus your down payment of $159,980. 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
- $212,294
- Principal paid down
- $78,186
- Interest paid
- $134,107
- Balance remaining
- $561,734
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 numbersThe last 6 whole-home leases in Humberlea-Pelmo Park W4 signed at a median of $1,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,489. 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 GOLD REALTY INC.. MLS®/PropTx.