553 Runnymede Road, Toronto, ON
Junction Area, Toronto · MLS® W13729356
About this home
Meticulously maintained this exceptional 2 1/2 storey detached brick home blends charming character with complete renovation in the heart of Bloor West Village. 1,569 square feet above grade with oak hardwood floors on all three levels, complement beautifully preserved original wood trim, pocket doors and a classic staircase showcase the home's timeless character, while the flexible floor plan easily adapts to a variety of family lifestyles and needs. The renovated chef's kitchen features classic Shaker cabinetry, stone countertops, stainless steel appliances, pantry storage, and a walkout to the sunroom and private rear garden. An open den space and a powder room complete the main level. The second and third floor offer five bedrooms, allowing for a variety of flexible layouts, including bedrooms, home office, second floor den, and third floor ideal for teenagers. A stylishly renovated bathroom features a seamless glass shower. Landscaped and fully fenced backyard with perennial gardens, lawn space, and a newly poured concrete patio with a door to the back of the rare double detached garage with laneway access adds outstanding convenience. Finished lower level with vinyl plank flooring, pot lighting, bathroom and a large laundry room offer additional space. Extensively upgraded throughout, including a new furnace and central air conditioning (2025), basement renovation (2024), concrete front porch, rear patio and walkways (2021), many newer windows(2019), kitchen renovation (2016), bathroom renovation (2013), electrical upgrades, and more. Ideally situated in highly sought-after Runnymede-Bloor West Village, steps to Runnymede station, shopping, cafes, restaurants, and High Park. King George the small community focused school, Humbercrest for Middle school or St. Cecilia Catholic with French Immersion are close by. A remarkable opportunity to own a turnkey family home in one of Toronto's most desirable neighbourhoods.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- W13729356
- Bedrooms
- 5
- Bathrooms
- 3 (2 half)
- Size
- 1500-2000
- Lot
- 25 × 113.96 ft
- Cross streets
- Runnymede Road and Annette Street
- Parking
- 2 garage (detached)
- Driveway
- Lane
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,078 / 2025
- Listing brokerage
- ROYAL LEPAGE/J & D DIVISION
Listed at $1,498,000, and my independent estimate is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal.
Total price vs nearby homes. Fair value about $1.80M, median of 5 comparables.
The market behind the math:
Price per square foot: this home lists at $856/sqft against an area asking average of $982/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.52M, a bit lower.
What the listing highlights4 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
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (King George Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 comparable homes nearby.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $982/sqft; this home lists at $856/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Junction Area, 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.
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 August 31, 2026); conventional rates run a little higher.
Mortgage amount $1,198,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,461
- Property tax
- $507
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,967
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,435
- Toronto municipal land transfer tax
- $26,435
- Estimated closing costs
- $52,870
Plus your down payment of $299,600. 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
- $387,643
- Principal paid down
- $150,828
- Interest paid
- $236,815
- Balance remaining
- $1,047,572
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 ROYAL LEPAGE/J & D DIVISION. MLS®/PropTx.