61 Grenview Boulevard, Toronto, ON

Kingsway South, Toronto · MLS® W13789956

$2,690,000
For Sale
Listed 33 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Gracious Kingsway side-hall home ideally situated on the preferred second block on one of the most sought-after streets in Toronto's South Kingsway neighbourhood.
  • Step into a bright and inviting interior featuring hardwood floors and a thoughtfully designed open-concept main floor, perfect for both everyday living and entertaining.
  • Upstairs, the third-floor primary retreat offers a peaceful escape, featuring a generous walk-in closet and a stylish 3-piece ensuite.
  • Outside, enjoy professionally landscaped grounds that enhance both curb appeal and outdoor enjoyment.

Gracious Kingsway side-hall home ideally situated on the preferred second block on one of the most sought-after streets in Toronto's South Kingsway neighbourhood. Situated on a premium child-friendly street with one of the area's few sidewalks. Just one block to the subway, vibrant shops, top-rated schools, and the charm of Bloor/Royal York. This beautifully family residence blends classic elegance with modern comfort and showcases exceptional pride of ownership throughout. Step into a bright and inviting interior featuring hardwood floors and a thoughtfully designed open-concept main floor, perfect for both everyday living and entertaining. The spacious living and dining areas are enhanced by two fireplaces, creating warm and welcoming spaces for gatherings. The kitchen is a true highlight, complete with quality finishes, honed limestone accents, and a walkout to a private outdoor dining and summer relaxation. Upstairs, the third-floor primary retreat offers a peaceful escape, featuring a generous walk-in closet and a stylish 3-piece ensuite. Additional bedrooms are well-sized, perfect for family living or home office needs. The finished lower level provides versatile space for recreation, a media room, or guest accommodations, along with ample storage throughout the home. Outside, enjoy professionally landscaped grounds that enhance both curb appeal and outdoor enjoyment. A rare double garage adds convenience and value. This home is offering a seamless blend of character, updates, and functionality. Set on a quiet, tree-lined street in one of Toronto's most sought-after neighbourhoods, this bright and beautiful home is a rare opportunity-truly one of a kind.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13789956
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
40 × 125 ft
Cross streets
Bloor/Royal York
Parking
2 garage · 6 parking (detached)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Water
A/C
Central Air
Exterior
Brick, Stone
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$13,190 / 2026
Days on market
33
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

LaundryLower3.45 × 2.46 m

halogen lighting · tile floor

Primary BedroomThird6.55 × 3.89 m

3 pc ensuite · walk-in closet(s) · overlooks garden

Bedroom 4Second3.91 × 3.07 m

Closet

KitchenMain5.49 × 3.66 m

breakfast bar · w/o to deck · stainless steel appl

Living RoomMain5.49 × 4.95 m

bay window · fireplace · french doors

FoyerMain3.73 × 3.05 m

wainscoting · leaded glass · closet

RecreationLower4.90 × 4.60 m

halogen lighting · above grade window

Dining RoomMain4.72 × 3.61 m

leaded glass · overlooks family · hardwood floor

Bedroom 2Second4.09 × 3.89 m

double closet · closet organizers · double closet

Game RoomLower3.89 × 3.45 m

halogen lighting · above grade window

Family RoomMain4.60 × 3.61 m

gas fireplace · overlooks garden · hardwood floor

Bedroom 3Second3.99 × 3.81 m

double closet · overlooks garden

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.63Mlikely sale price

Listed at $2,690,000. Going by how homes in Kingsway South and the wider GTA have actually closed against their asking prices (about 98%, 20 local closings in 90 days), the likely sale price is near $2.63M, if it sells. A realistic range is $2.47M to $2.97M.

Independent value check: $2.74M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $2.57M and $2.87M).

Why $2.74M. The typical detached home sold in Kingsway South over the past year went for about $2.60M (79 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $13,190 a year; the typical home sold here pays about $12,000.
  • ▼ Lowers it4 bedrooms and 3 baths, against 4+1 and 4 typically.
List price
$2.47MBelow recent closings$2.97MAbove recent closings

Total price vs nearby homes. Likely closing about $2.63M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$2.42Mmedian sold price
99%of asking, on average
−7%prices vs a year ago
~8 dayshomes like this take to sell
33days on market so far
$6,629/moest. rent · 28 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 15 detached homes for sale in the area against 20 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 $1,196/sqft against an area asking average of $1,252/sqft.

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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.58M. 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Etobicoke Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Kingsway South, so I widened the search to the surrounding area.

Based on 20 comparable homes that sold in Kingsway South over the past two years, from 161 closings there.

What sellers nearby are askingCurrently listed nearby in Kingsway South · asking prices
$2.25Mavg 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 $2.74M, which is where my estimate comes from.

Per square foot, these ask about $1,172/sqft; this home lists at $1,196/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
2.69MThis home1.80M2.69M2.48M2.19M2.10MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Kingsway South: $2.42M in September 2026, down 23% from a year ago, on 72 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$3.44M6
February 2026$2.32M6
March 2026$3.06M8
April 2026$2.27M6
May 2026$2.83M12
June 2026$2.52M7
July 2026$2.12M10
August 2026$1.88M7
September 2026$2.42M10

Neighbourhood & location

Kingsway South, 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.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
Banbury-Don Mills
$5.50M

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 Etobicoke Collegiate Institute
82%
Etobicoke Collegiate InstitutePublic · Secondary · 1.1 km awayAbove the GTA average · 82% meet the provincial standard
Lambton-Kingsway Junior Middle SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lambton Kingsway Junior Middle School · Public elementary0.8 km · 91% at standard
Sunnylea Junior School · Public elementary1.1 km · 96% at standard
Warren Park Junior Public School · Public elementary1.5 km · 74% at standard
Islington Junior Middle School · Public elementary1.6 km · 66% at standard
Humbercrest Public School · Public elementary1.7 km · 80% at standard
St James Catholic School · Catholic elementary1.8 km · 88% at standard
Park Lawn Junior and Middle School · Public elementary1.9 km · 71% at standard
St Pius X Catholic School · Catholic elementary1.9 km · 82% at standard
Lambton Park Community School · Public elementary2.0 km · 52% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.0 km · 88% at standard
Norseman Junior Middle School · Public elementary2.0 km · 77% at standard
Runnymede Collegiate Institute · Public secondary2.0 km · 46% at standard

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

Affordability & Mortgage

Affordability
$12,260/mo
$505KIncome needed
5.3×Price ÷ income
$2,829Weekly cost
$107,450Land 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 $12,260Property tax $1,099Total carry $13,359

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,899per month

Mortgage amount $2,152,000 · 4.49% over 25 years

$538,000Down payment (20.0%)
$2,152,000Loan before insurance
$0CMHC premium
$12,998Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,899
Property tax
$1,099
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,998

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

One-time closing costs

Ontario land transfer tax
$53,725
Toronto municipal land transfer tax
$53,725
Estimated closing costs
$107,450

Plus your down payment of $538,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,402/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

$1,417,633Total interest paid
$3,569,633Total of all payments
Principal $2,152,000 Interest $1,417,633
YearPrincipalInterestBalance
1$48,023$94,762$2,103,977
2$50,204$92,581$2,053,773
3$52,483$90,302$2,001,289
4$54,866$87,919$1,946,423
5$57,358$85,428$1,889,065
6$59,962$82,824$1,829,104
7$62,684$80,101$1,766,419
8$65,530$77,255$1,700,889
9$68,506$74,280$1,632,383
10$71,616$71,169$1,560,767
11$74,868$67,918$1,485,899
12$78,267$64,518$1,407,632
13$81,821$60,965$1,325,811
14$85,536$57,250$1,240,276
15$89,419$53,366$1,150,856
16$93,479$49,306$1,057,377
17$97,724$45,062$959,653
18$102,161$40,625$857,492
19$106,799$35,986$750,693
20$111,648$31,137$639,044
21$116,718$26,068$522,327
22$122,017$20,768$400,310
23$127,557$15,228$272,752
24$133,349$9,436$139,403
25$139,403$3,382$0

At the end of your 5-year term

Total paid over the term
$713,927
Principal paid down
$262,935
Interest paid
$450,992
Balance remaining
$1,889,065

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 28 whole-home leases in Kingsway South$6,629/mo
$79,548Gross annual rent
2.1%Cap rate after taxes and upkeep
$6,286 to $7,680Typical rent range
~18 daysTo find a tenant, on average

About the suite: in Kingsway South basements rarely rent out (3 of 46 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 28 whole-home leases in Kingsway South signed at a median of $6,616 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,629. 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.

3.0%
Gross yield
− Property tax $13,190− Insurance $1,400− Vacancy & upkeep $8,750Net operating income $56,208

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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