2 Wright Avenue, Toronto, ON
Roncesvalles, Toronto · MLS® W13785044
About this home
In short
- Detached Solid Brick, Century home in Coveted Fern School District .
- 4 Bedrooms upstairs offers Great Multi Family or Income possibilities with Second Kitchen in Fourth Bedroom, and Separate Entrance to High & Dry Basement with Full Bath.
- New Roof & Tuckpointing 2025, Updated Wiring & 100 Amp Panel, Professionally Landscaped, Fully Fenced, Private Yard & Freshly Painted throughout.
- With its classic architecture, along with access to a thriving community, 2 Wright Ave presents an exceptional opportunity for anyone looking to immerse themselves...
Detached Solid Brick, Century home in Coveted Fern School District . Rare Private Drive with parking for Two Cars and Taxes much lower than most homes in the neighbourhood, saving you thousands of dollars every year! 4 Bedrooms upstairs offers Great Multi Family or Income possibilities with Second Kitchen in Fourth Bedroom, and Separate Entrance to High & Dry Basement with Full Bath. New Roof & Tuckpointing 2025, Updated Wiring & 100 Amp Panel, Professionally Landscaped, Fully Fenced, Private Yard & Freshly Painted throughout. As you step inside this delightful residence, you are greeted by an inviting atmosphere that exudes Historic Charm with Original Pocket Doors, Wood Burning Fireplace, Wood Floors, Original Stained Glass and Oversized Trim. Natural light floods the interior highlighting the beautiful architectural details that make this home so special. Known for its Vibrant Community Spirit, this neighbourhood boasts an array of Amenities including Shops, Artisanal Cafes & Bakeries, Large Parks, Splash pad, and a Fantastic weekly Farmers Market, all just steps away. Conveniently located near public transportation, and the Highly desirable Fern Jr & Sr Public School is just up the street. With its classic architecture, along with access to a thriving community, 2 Wright Ave presents an exceptional opportunity for anyone looking to immerse themselves, or raise a family in one of Toronto's most Vibrant West End neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13785044
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 20 × 50 ft
- Cross streets
- Wright/Macdonell
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Block, Stone
- Roof
- Asphalt Rolled, Shingles, Flat
- Sewer
- Sewer
- Property tax
- $5,248 / 2026
- Days on market
- 34
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
tile floor · window
hardwood floor · west view · window
Wood Trim
hardwood floor · closet
hardwood floor · closet
3 Pc Bath
hardwood floor · closet
Above Grade Window
hardwood floor · w/o to porch · picture window
hardwood floor · stained glass · large window
Listed at $1,499,000. 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 $1.53M, if it sells. A realistic range is $1.43M to $1.72M.
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 usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 34 days on the market against about 15 for homes like it here, and asking 35% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.53M, 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 $1,153/sqft against an area asking average of $1,027/sqft.
- Separate-entrance basement apartment features. A finished 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 $1.29M. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Fern Avenue Junior and Senior 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 $1.11M, which is where my estimate comes from.
Per square foot, these ask about $1,032/sqft; this home lists at $1,153/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
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 $1,199,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,631
- Property tax
- $437
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,068
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Toronto municipal land transfer tax
- $26,455
- Estimated closing costs
- $52,910
Plus your down payment of $299,800. 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
- $397,835
- Principal paid down
- $146,520
- Interest paid
- $251,315
- Balance remaining
- $1,052,680
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 8 whole-home leases in Roncesvalles signed at a median of $3,634 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,631. 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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.