201/2 O'hara Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13807318

$1,299,000
For Sale
Listed 29 days agoNo offer date stated
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◎ Directions
5+1Bedrooms
3Bathrooms
2Garage
1500-2000Sq ft

About this home

In short

  • Attention Investors & Renovators.
  • Spacious 21/2 Story Home Located In The Heart Of Roncesvalles.
  • Amazing Opportunity With Features Including Large Principal Room, Main, Second & Basement Kitchens, 5 Bedrooms, 3 Full Bathrooms, Double Car Garage, 133' Deep Lot...
  • Convenient Location Close To Parks, Schools, Transit & All Amenities.

Attention Investors & Renovators!!! Spacious 21/2 Story Home Located In The Heart Of Roncesvalles! Amazing Opportunity With Features Including Large Principal Room, Main, Second & Basement Kitchens, 5 Bedrooms, 3 Full Bathrooms, Double Car Garage, 133' Deep Lot, Walk-Up Basement, Large Backyard And Much More! Convenient Location Close To Parks, Schools, Transit & All Amenities. Create Your Dream Home Or Convert Into Multi-Residence! Don't Miss Out!!!

Key facts

Property type
Townhouse, 2 1/2 Storey
MLS®
W13807318
Bedrooms
5+1 (6 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
18 × 133 ft
Cross streets
Queen Street West
Parking
2 garage (detached)
Basement
Apartment, Separate Entrance
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,207 / 2026
Days on market
29
Listing brokerage
CENTURY 21 REGAL REALTY INC.

Rooms

BathroomLower3.05 × 1.83 m

4 Pc Bath

Bedroom 2Main4.17 × 3.40 m

Window

BedroomMain

closet · window

Primary BedroomSecond4.06 × 3.61 m

closet · window

Bedroom 4Second
Dining RoomSecond3.66 × 3.35 m

Window

Living RoomMain3.81 × 3.30 m

Window

Bedroom 4Lower

Window

Living RoomMain

4 pc bath · window

Bedroom 2Main3.48 × 2.74 m

Window

Bedroom 3Third

closet · window

KitchenSecond3.40 × 3.05 m

Window

KitchenMain6.48 × 3.66 m

window · w/o to garden

Living RoomMain4.01 × 2.06 m

Large Window

BathroomSecond

4 Pc Bath

Bedroom 4Third4.35 × 3.05 m

closet · window

KitchenMain5.84 × 3.73 m

window · w/o to garden

Bedroom 3Second3.40 × 3.05 m

Closet

BathroomMain

4 pc bath · window

Bedroom 5Lower4.72 × 3.81 m
Bedroom 3Third4.65 × 3.96 m

closet · window

Primary BedroomSecond4.62 × 4.32 m

closet · window

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.05Mautomated estimate, from recent sales

Listed at $1,299,000, about 23% above our estimate of $1.05M (homes like it typically land between $987K and $1.10M).

Why $1.05M. The typical townhouse sold in Roncesvalles over the past year went for about $1.52M (14 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,207 a year; the typical home sold here pays about $6,800.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it slightly2 garage and 2 total parking spaces, against 1 and 1 typically.
List price
$987KBelow our range$1.30MAbove our range

Total price vs nearby homes. Fair value about $1.05M, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
29days on market so far
$6,289/moest. rent · 5 leases
5.8%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $742/sqft against an area asking average of $586/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. In Roncesvalles basements rarely rent out (2 of 26 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.30M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • 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 Parkdale Collegiate Institute. 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

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 18 comparable homes that sold in Roncesvalles over the past two years, from 23 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.29Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.05M, which is where my estimate comes from.

Per square foot, these ask about $847/sqft; this home lists at $742/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home1.34M1.10M1.30M1.35M1.38MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.06M91

Neighbourhood & location

Roncesvalles, 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.

Palmerston-Little Italy
$1.30M
Dovercourt-Wallace Emerson-Junction
$987K
Stonegate-Queensway
$1.43M
Cabbagetown-South St. James Town
$1.55M
Playter Estates-Danforth
$1.35M

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 Parkdale Junior and Senior Public School
51%
Parkdale Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 51% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Holy Family Catholic School · Catholic elementary0.5 km · 45% at standard
St Ambrose Catholic School · Catholic elementary0.6 km · 85% at standard
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary0.6 km · 73% at standard
The Grove Community School · Public elementary0.6 km
City View Alternative Senior School · Public elementary0.6 km
Shirley Street Junior Public School · Public elementary0.6 km · 70% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.7 km · 56% at standard
Fern Avenue Junior and Senior Public School · Public elementary0.9 km · 75% at standard
St Vincent de Paul Catholic School · Catholic elementary1.1 km · 83% at standard
Garden Avenue Junior Public School · Public elementary1.1 km · 91% at standard
Brock Public School · Public elementary1.1 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.2 km

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

Affordability & Mortgage

Affordability
$5,920/mo
$245KIncome needed
5.3×Price ÷ income
$1,366Weekly cost
$44,910Land 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 $5,920Property tax $517Total carry $6,438

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%
$
%
4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$5,746per month

Mortgage amount $1,039,200 · 4.49% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$6,263Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,746
Property tax
$517
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,263

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,955/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

$684,575Total interest paid
$1,723,775Total of all payments
Principal $1,039,200 Interest $684,575
YearPrincipalInterestBalance
1$23,191$45,760$1,016,009
2$24,243$44,708$991,766
3$25,344$43,607$966,422
4$26,495$42,456$939,927
5$27,698$41,253$912,229
6$28,956$39,995$883,273
7$30,270$38,681$853,003
8$31,645$37,306$821,359
9$33,081$35,870$788,277
10$34,583$34,368$753,694
11$36,154$32,797$717,540
12$37,795$31,156$679,745
13$39,511$29,440$640,234
14$41,305$27,646$598,929
15$43,181$25,770$555,748
16$45,141$23,810$510,607
17$47,191$21,760$463,416
18$49,333$19,618$414,083
19$51,573$17,378$362,509
20$53,915$15,036$308,594
21$56,363$12,588$252,231
22$58,922$10,029$193,309
23$61,597$7,354$131,712
24$64,394$4,557$67,318
25$67,318$1,633$0

At the end of your 5-year term

Total paid over the term
$344,755
Principal paid down
$126,971
Interest paid
$217,784
Balance remaining
$912,229

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 5 whole-home leases in Roncesvalles$6,289/mo
$75,468Gross annual rent
4.6%Cap rate after taxes and upkeep
$5,535 to $7,044Typical rent range

About the suite: in Roncesvalles basements rarely rent out (2 of 26 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 5 whole-home leases in Roncesvalles signed at a median of $5,020 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,289. 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.

5.8%
Gross yield
− Property tax $6,207− Insurance $1,400− Vacancy & upkeep $8,301Net operating income $59,560

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.

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