53 Grampian Crescent, Toronto, ON
Humber Summit, Toronto · MLS® W13800402
About this home
In short
- Exceptional value resides here with over 2200 sqft of living space across 4 finished levels.
- Step through the front entry door into a bright and expansive living and dining area, complemented by hardwood floors, a bay window and an oversized eat-in kitchen...
- This particular multi-level layout features 3 bathrooms, a walk-out to the oversize backyard from the main floor, and 4 large sized bedrooms, including primary...
- Outside, the premium, fully fenced 30 x 150-foot lot provides a massive, private backyard ideal for large family gatherings.
- Complete with major mechanical upgrades-including a newer roof (2 years old) alongside the furnace, central air conditioning, and a tankless hot water tank (all 3...
Exceptional value resides here with over 2200 sqft of living space across 4 finished levels. Nestled in a highly desirable West Side neighborhood just steps from the new Finch West LRT, this freshly painted, exceptionally versatile home offers the perfect blend of space, convenience, and income potential. Step through the front entry door into a bright and expansive living and dining area, complemented by hardwood floors, a bay window and an oversized eat-in kitchen with stone counters and stainless steel appliances. This particular multi-level layout features 3 bathrooms, a walk-out to the oversize backyard from the main floor, and 4 large sized bedrooms, including primary bedrooms, on each level with their own walk-in closet. A key highlight is the side door separate entrance leading directly to the ground floor and basement areas, offering incredible potential to easily convert the property into a two-unit rental or a private in-law suite. Outside, the premium, fully fenced 30 x 150-foot lot provides a massive, private backyard ideal for large family gatherings. Complete with major mechanical upgrades-including a newer roof (2 years old) alongside the furnace, central air conditioning, and a tankless hot water tank (all 3 years old). This home offers total peace of mind. Enjoy an unbeatable Humber Summit west side location within walking distance to beautiful Rowntree Mills Park and the scenic nature trails along the Humber River, while remaining just minutes from major highways, shopping, hospitals, and rapid transit to Humber College and the subway network. An incredible opportunity with endless potential - don't miss it!
Key facts
- Property type
- Semi-Detached, Backsplit 4
- MLS®
- W13800402
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 30 × 150.91 ft
- Cross streets
- Islington Btwn Steeles & Finch
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,929 / 2026
- Days on market
- 12
- Listing brokerage
- ROYAL LEPAGE CITIZEN REALTY
Rooms
ceramic floor · window
combined w/living · hardwood floor
granite counters · ceramic floor · stainless steel appl
laminate · walk-in closet(s) · large window
laminate · glass block window
laundry sink · 3 pc bath
laminate · w/o to yard · closet
combined w/dining · bay window · hardwood floor
2 pc bath · closet
laminate · double closet · large window
laminate · walk-in closet(s) · b/i closet
Listed at $848,800. 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 $833K, if it sells. A realistic range is $781K to $939K.
Independent value check: $810K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $759K and $849K).
Why $810K. 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 itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
Total price vs nearby homes. Likely closing about $833K, from 15 recent closings in this pocket.
The market behind the math:
About 3.2 months of inventory: 16 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 $485/sqft against an area asking average of $657/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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $808K. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 ($485/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 15 comparable homes that sold in Humber Summit over the past two years, from 87 closings there.
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 $810K, which is where my estimate comes from.
Per square foot, these ask about $625/sqft; this home lists at $485/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: 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 September 30, 2026); conventional rates run a little higher.
Mortgage amount $679,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,755
- Property tax
- $327
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,082
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,451
- Toronto municipal land transfer tax
- $13,451
- Estimated closing costs
- $26,902
Plus your down payment of $169,760. 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
- $225,272
- Principal paid down
- $82,966
- Interest paid
- $142,306
- Balance remaining
- $596,074
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 11 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 $3,730. 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 CITIZEN REALTY. MLS®/PropTx.