17 Cabana Drive, Toronto, ON
Humber Summit, Toronto · MLS® W13758770
About this home
In short
- Exceptional Opportunity to Own a Spacious 5-Level Backsplit in a Highly Desirable Family Neighbourhood.
- This complete renovated backsplit offers about 2600 sq ft of living space and exceptional versatility for today's families.
- Featuring 4 bedrooms plus a dinning, 2 Modern kitchens & 3 fully renovated bath, multiple entrances, this home is perfect for growing families, multi-generational...
- The finished basement adds valuable living space and flexibility to suit your family's needs.
- Conveniently located close to schools, parks, shopping, TTC, York University, and Highways 400 & 401.With generous living space, a versatile layout, and a prime...
Exceptional Opportunity to Own a Spacious 5-Level Backsplit in a Highly Desirable Family Neighbourhood! This complete renovated backsplit offers about 2600 sq ft of living space and exceptional versatility for today's families.Featuring 4 bedrooms plus a dinning, 2 Modern kitchens & 3 fully renovated bath, multiple entrances, this home is perfect for growing families, multi-generational living, or those seeking in-law suite potential. The spacious family room walks out to fully fenced backyard. Upper-level balcony provides a peaceful place to unwind. The finished basement adds valuable living space and flexibility to suit your family's needs. Whether you're looking to move right in or personalize the space over time, this home offers endless possibilities. Conveniently located close to schools, parks, shopping, TTC, York University, and Highways 400 & 401.With generous living space, a versatile layout, and a prime location, this well-loved home offers the perfect place to grow, gather, and make it your own. *** Live in 4 Bedroom 2 full bath and rent out complete 3 bedroom lower unit to help pay your Mortgage***
Key facts
- Property type
- Semi-Detached, Backsplit 5
- MLS®
- W13758770
- Bedrooms
- 4+3 (7 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 30.03 × 121.39 ft
- Cross streets
- Steeles Ave W/ Islington Ave
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,155 / 2025
- Days on market
- 20
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
Ceramic Floor
hardwood floor · closet · window
mirrored closet · hardwood floor · window
vinyl floor · window · closet
parquet · window
quartz counter · backsplash · window
combined w/living · hardwood floor · open concept
hardwood floor · window · closet
vinyl floor · window · linen closet
vinyl floor · window · closet
combined w/dining · crown moulding · w/o to balcony
vinyl floor · double sink · closet
parquet · fireplace · w/o to yard
Listed at $1,059,000. Going by how homes in Humber Summit and the wider GTA have actually closed against their asking prices (about 98%, 15 local closings in 90 days), the likely sale price is near $1.04M, if it sells. A realistic range is $974K to $1.17M.
Independent value check: $901K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $844K and $944K).
Why $901K. The typical semi-detached home sold in Humber Summit over the past year went for about $815K (40 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightlyIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,155 a year; the typical home sold here pays about $3,700.
Total price vs nearby homes. Likely closing about $1.04M, from 15 recent closings in this pocket.
The market behind the math:
About 3.4 months of inventory: 17 semi-detached homes for sale in the area against 15 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $605/sqft against an area asking average of $647/sqft.
- Separate-entrance basement apartment features. A finished 3 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 Humber Summit: 11 of the 39 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. 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
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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $926K. Condition and finishes remain an in-person call.
What the listing highlights3 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
- 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 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
Priced above comparable homes overall, but the price per square foot ($605/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Humber Summit, so I widened the search to the surrounding area.
Based on 8 homes sold on this street over the past two years, from 87 closings in Humber Summit.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
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 $901K, which is where my estimate comes from.
Per square foot, these ask about $628/sqft; this home lists at $605/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: 7 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 $847,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,684
- Property tax
- $346
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,031
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,655
- Toronto municipal land transfer tax
- $17,655
- Estimated closing costs
- $35,310
Plus your down payment of $211,800. 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
- $281,059
- Principal paid down
- $103,512
- Interest paid
- $177,547
- Balance remaining
- $743,688
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 (11 of 39 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 16 whole-home leases in Humber Summit signed at a median of $3,010 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,774. 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 WEST REALTY INC.. MLS®/PropTx.