82 Parkway Avenue, Toronto, ON
Roncesvalles, Toronto · MLS® W13762772
About this home
In short
- Truly turn-key & fully-leased legal triplex Roncesvalles.
- Full interior reconstruction completed under permit completed in 2018.
- Very low operating costs with electricity, gas, and water heater rentals paid by tenants. || Thoughtfully designed to make the best of the existing structure with a...
Truly turn-key & fully-leased legal triplex Roncesvalles! Full interior reconstruction completed under permit completed in 2018. Permits, plans, and progress photos for project available. Currently with the the current property management that was also responsible for both the project and stabilization of the property. || Buy with confidence that this property and its tenants will be the among the most trouble-free investment property opportunities. Very low operating costs with electricity, gas, and water heater rentals paid by tenants. || Thoughtfully designed to make the best of the existing structure with a 2-level 3-bedroom 2.5-bathroom upper 'primary' suite with east-facing balcony, then a 2-bedroom 1-bathhroom suite on the main floor with private enclosed rear yard. and finally a 1-bedro om 1-bathroom suite with private enclosed patio. || Laneway suite potential on portion of land existing garage occupies || Features and Finishes include: engineered wood flooring on above grade levels and carpet in the basement, pot lights throughout, stainless steel kitchen appliances, stone countertops and tile backsplashes in all suites, as of 2018 all new windows, electrical, plumbing, HVAC systems (each suite has separate HVAC systems). || Appliances: 3x electric stoves, 3x fridges, 3x dishwasher, 3x range hood fans, 2x range microwaves, 3x washers, 3x dryers. || Mechanicals: 2x gas forced air furnaces for main and upper, 1x heat pump for basement, 3x rental hot water tanks.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- W13762772
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 4
- Size
- 1500-2000 sq ft
- Lot
- 25 × 100 ft
- Cross streets
- Parkway/Dundas
- Parking
- 1 garage (detached)
- Driveway
- Covered
- Basement
- Apartment, Separate Entrance
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,728 / 2026
- Days on market
- 40
- Listing brokerage
- LANDLORD REALTY INC.
Rooms
linoleum · window · overlooks backyard
broadloom · b/i closet · overlooks backyard
broadloom · b/i closet · window
broadloom · bay window · fireplace
broadloom · bay window · b/i closet
broadloom · large window · overlooks backyard
linoleum · w/o to yard · window
linoleum · window · overlooks backyard
Linoleum
broadloom · b/i closet · overlooks frontyard
Listed at $2,600,000. Going by how homes in Roncesvalles and the wider GTA have actually closed against their asking prices (about 102%, 8 local closings in 90 days), the likely sale price is near $2.65M, if it sells. A realistic range is $2.48M to $2.99M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes more than one self-contained unit, and the single-family sales around it do not price the extra units.
Longer on the market than typical. 40 days on the market against about 15 for homes like it here, and asking 47% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $2.65M, from 8 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 6 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,486/sqft against an area asking average of $971/sqft.
- 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 Roncesvalles: 10 of the 55 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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.03M. 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
Its public catchment (Howard 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 were not many closely comparable homes right in Roncesvalles, so I widened the search to the surrounding area.
Based on 8 comparable homes that sold in Roncesvalles over the past two years, from 57 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 $2.01M, which is where my estimate comes from.
Per square foot, these ask about $1,000/sqft; this home lists at $1,486/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Roncesvalles, 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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,080,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,501
- Property tax
- $811
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,311
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,475
- Toronto municipal land transfer tax
- $51,475
- Estimated closing costs
- $102,950
Plus your down payment of $520,000. 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
- $690,041
- Principal paid down
- $254,138
- Interest paid
- $435,903
- Balance remaining
- $1,825,862
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 Roncesvalles (10 of 55 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 5 whole-home leases in Roncesvalles signed at a median of $2,978 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,088. 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 LANDLORD REALTY INC.. MLS®/PropTx.