60 Delabo Drive, Toronto, ON

York University Heights, Toronto · MLS® W13742362

$1,549,900
For Sale
Listed 5 days agoNo offer date stated
Request a showing
◎ Directions
8+3Bedrooms
7Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Discover this rare and spacious home in the heart of Torontos vibrant York University district.
  • Boasting 8+3 bedrooms, washrooms, and fully equipped kitchens,The Home is Turn key with Furniture Included.
  • Conveniently Located Near High Way 400/407 and Public Transit with the Finch West LTR (Line 6) is an 11-Kilometre Light Rail Transit Line along the Finch Ave West In...

Discover this rare and spacious home in the heart of Torontos vibrant York University district. Boasting 8+3 bedrooms, washrooms, and fully equipped kitchens,The Home is Turn key with Furniture Included. With Interlock Driveway and Back Yard And Drive way. This property is designed for versatility. Ideal for investors or buyers looking for a multi-family residence. Its thoughtful layout offers both privacy and convenience, making it perfectly suited for extended families or shared living. Located just steps from School, parks, trails, trendy shops, diverse restaurants, and excellent public transit, this home provides unmatched urban accessibility and long-term value. If you envision a spacious home base in one of Torontos most desirable neighbourhoods, this exceptional residence delivers on every level. Conveniently Located Near High Way 400/407 and Public Transit with the Finch West LTR (Line 6) is an 11-Kilometre Light Rail Transit Line along the Finch Ave West In North West Toronto, Connecting to Keele St To Humber College.

Key facts

Property type
Detached, 3-Storey
MLS®
W13742362
Bedrooms
8+3 (11 total)
Bathrooms
7 (1 half)
Size
3000-3500 sq ft
Lot
41.27 × 100.07 ft
Cross streets
KEELE/FINCH
Parking
2 garage · 4 parking (detached)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$6,923 / 2025
Days on market
5
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Dining RoomMain2.43 × 3.65 m

hardwood floor · large window

Primary BedroomThird4.20 × 4.20 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

BedroomBasement3.10 × 3.10 m

hardwood floor · 3 pc ensuite · closet

BedroomMain3.10 × 3.50 m

hardwood floor · window · closet

Bedroom 3Second3.10 × 3.50 m

hardwood floor · window · closet

Bedroom 2Main3.10 × 3.50 m

hardwood floor · window · closet

BedroomSecond3.10 × 3.30 m

hardwood floor · window · closet

KitchenBasement3.10 × 3.50 m

Hardwood Floor

Bedroom 4Second3.20 × 3.10 m

hardwood floor · window · closet

Bedroom 5Second3.20 × 3.20 m

hardwood floor · window · closet

KitchenMain2.74 × 3.84 m

hardwood floor · centre island · quartz counter

BedroomBasement3.10 × 3.10 m

hardwood floor · 3 pc ensuite · closet

BedroomThird3.50 × 3.50 m

hardwood floor · walk-out · closet

BedroomBasement3.10 × 3.10 m

hardwood floor · 3 pc ensuite · closet

Family RoomMain5.21 × 3.65 m

hardwood floor · large window · walk-out

Our TakeTeam Asgarian · Broker
In the wider range
$1.51Mest. value

Listed at $1,549,900 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.51M, typically $1.39M to $1.72M. Comparable closings on their own put this home around $1.42M, 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: $1.36M. 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.

List price
$1.39MBelow recent closings$1.72MAbove recent closings

Total price vs nearby homes. Fair value about $1.51M, median of 17 comparables.

The market behind the math:

12sold nearby · 90 days
$1.06Mmedian sold price
96%of asking, on average
−10%prices vs a year ago
~32 dayshomes like this take to sell
5days on market so far
$5,032/moest. rent · 10 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 11 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $477/sqft against an area asking average of $666/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 17 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 $1.36M, a bit lower.

Schools & getting aroundcatchment and transit

The assigned public school is Lamberton Public 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 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 17 comparable homes that sold in York University Heights over the past two years, from 54 closings there.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$1.38Mavg asking

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 $1.42M, which is where my estimate comes from.

Per square foot, these ask about $592/sqft; this home lists at $477/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.55MThis home1.37M1.30M1.46M1.48M1.30MThis home vs active comparables

Neighbourhood & location

York University Heights, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Newtonbrook West
$2.01M
Bedford Park-Nortown
$3.50M
Bridle Path-Sunnybrook-York Mills
$4.90M
Mount Pleasant East
$2.42M
Princess-Rosethorn
$2.10M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Lamberton Public School
63%
Lamberton Public SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 63% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Driftwood Public School · Public elementary0.9 km · 42% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary1.0 km · 66% at standard
Brookview Middle School · Public elementary1.0 km · 51% at standard
Shoreham Public School · Public elementary1.1 km · 54% at standard
St Charles Garnier Catholic School · Catholic elementary1.1 km · 63% at standard
Derrydown Public School · Public elementary1.2 km · 34% at standard
Topcliff Public School · Public elementary1.2 km · 34% at standard
Gosford Public School · Public elementary1.4 km · 48% at standard
St Augustine Catholic School · Catholic elementary1.6 km · 65% at standard
St Francis de Sales Catholic School · Catholic elementary1.7 km · 38% at standard
Yorkwoods Public School · Public elementary1.8 km · 16% at standard
Stilecroft Public School · Public elementary1.8 km · 60% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,064/mo
$290KIncome needed
5.3×Price ÷ income
$1,630Weekly cost
$54,946Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $7,064Property tax $577Total carry $7,641

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 9, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,685per month

Mortgage amount $1,239,920 · 4.24% over 25 years

$309,980Down payment (20.0%)
$1,239,920Loan before insurance
$0CMHC premium
$7,261Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,685
Property tax
$577
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,261

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$27,473
Toronto municipal land transfer tax
$27,473
Estimated closing costs
$54,946

Plus your down payment of $309,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$8,111/monthPayment at the qualifying rate

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

$765,444Total interest paid
$2,005,364Total of all payments
Principal $1,239,920 Interest $765,444
YearPrincipalInterestBalance
1$28,648$51,566$1,211,272
2$29,876$50,339$1,181,396
3$31,156$49,059$1,150,240
4$32,491$47,724$1,117,750
5$33,883$46,332$1,083,866
6$35,335$44,880$1,048,532
7$36,849$43,366$1,011,683
8$38,428$41,787$973,255
9$40,075$40,140$933,180
10$41,792$38,423$891,388
11$43,583$36,632$847,806
12$45,450$34,765$802,356
13$47,398$32,817$754,958
14$49,428$30,786$705,530
15$51,546$28,668$653,983
16$53,755$26,459$600,228
17$56,059$24,156$544,169
18$58,461$21,754$485,709
19$60,966$19,249$424,743
20$63,578$16,637$361,165
21$66,302$13,912$294,863
22$69,143$11,071$225,720
23$72,106$8,109$153,614
24$75,196$5,019$78,418
25$78,418$1,797$0

At the end of your 5-year term

Total paid over the term
$401,073
Principal paid down
$156,054
Interest paid
$245,019
Balance remaining
$1,083,866

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.

Let's connect

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

Rental yield
From 10 whole-home leases in York University Heights$5,032/mo
$60,384Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,930 to $5,434Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 10 whole-home leases in York University Heights signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,032. 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.

3.9%
Gross yield
− Property tax $6,923− Insurance $1,400− Vacancy & upkeep $6,642Net operating income $45,419

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.

CallRequest a showing