404 Glen Park Avenue, Toronto, ON
Yorkdale-Glen Park, Toronto · MLS® W13730356
About this home
In short
- Welcome to a home that has been lovingly renovated, thoughtfully designed and truly enjoyed.
- This warm and inviting home was renovated in 2023, blending modern finishes with the character and comfort that make a house feel like home.
- The main floor features beautiful hardwood floors, large windows, pot lights, elegant 7" baseboards and a modern kitchen with stainless steel appliances, quartz...
- The finished basement is a standout feature - a fully permitted, legal second suite with its own separate entrance, full kitchen with stainless steel appliances and...
- Located in a highly sought-after neighbourhood close to Glencairn subway station, transit, highways, schools, parks, the Beltline Trail, restaurants, shopping and more.
Welcome to a home that has been lovingly renovated, thoughtfully designed and truly enjoyed. This warm and inviting home was renovated in 2023, blending modern finishes with the character and comfort that make a house feel like home. The main floor features beautiful hardwood floors, large windows, pot lights, elegant 7" baseboards and a modern kitchen with stainless steel appliances, quartz countertops and a walk-out to the backyard. The second floor offers well-proportioned bedrooms and convenient stackable laundry. The finished basement is a standout feature - a fully permitted, legal second suite with its own separate entrance, full kitchen with stainless steel appliances and dishwasher, separate laundry and comfortable living space. Ideal for extended family, guests, a private workspace or as a mortgage helper with excellent rental potential. The backyard is a natural extension of the living space, with a spacious deck and multiple areas for dining, lounging and entertaining. The deck includes a gas line for a BBQ, making it an ideal setup for summer gatherings. Additional updates include windows (2020-2021), roof (2022), furnace & A/C (2019), 200 amp electrical panel and upgraded water service. The detached garage provides additional storage. Located in a highly sought-after neighbourhood close to Glencairn subway station, transit, highways, schools, parks, the Beltline Trail, restaurants, shopping and more. A turnkey home offering modern living, excellent outdoor space and the added flexibility of a fully legal secondary suite.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13730356
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 25 × 135.66 ft
- Cross streets
- Dufferin/Glencairn
- Parking
- 1 garage · 2 parking (detached)
- Basement
- Apartment, Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,888 / 2026
- Days on market
- 7
- Listing brokerage
- RE/MAX IMPERIAL REALTY INC.
Rooms
combined w/kitchen · hardwood floor · pot lights
window · laminate · closet
combined w/kitchen · laminate · combined w/laundry
hardwood floor · combined w/laundry · large window
hardwood floor · closet · ceiling fan(s)
hardwood floor · pot lights · large window
combined w/living · laminate · stainless steel appl
hardwood floor · closet · window
combined w/dining · quartz counter · stainless steel appl
Listed at $1,599,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.48M, typically $1.39M to $1.84M. Comparable listings on their own put this home around $1.19M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.
Second read, from the city assessment: $897K. That is about 25% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $1.48M, median of 10 comparables.
The market behind the math:
About 1.8 months of inventory: 8 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,230/sqft against an area asking average of $807/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Yorkdale-Glen Park: 15 of the 78 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. 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
I take the 10 most comparable recent listings 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 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 $897K, lower than the comparables and worth a second look.
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
- 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
- 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 John Polanyi Collegiate Institute. 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 Yorkdale-Glen Park, so I widened the search to the surrounding area.
Based on 10 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 $1,042/sqft; this home lists at $1,230/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Yorkdale-Glen Park, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,896
- Property tax
- $407
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,304
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. 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
- $413,779
- Principal paid down
- $160,997
- Interest paid
- $252,781
- Balance remaining
- $1,118,203
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 Yorkdale-Glen Park (15 of 78 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 11 whole-home leases in Yorkdale-Glen Park signed at a median of $2,973 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,517. 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 IMPERIAL REALTY INC.. MLS®/PropTx.