28 Eldorado Court, Toronto, ON
York University Heights, Toronto · MLS® W13807844
About this home
In short
- Rarely offered on Eldorado, a quiet enclave of custom-built executive homes backing the Black Creek ravine and trail system.
- Original hardwood strip floors refinished three years ago.
- Primary bedroom with renovated two-piece ensuite, plus a four-piece main bath.
- Three-piece bath with walk-in shower, renovated approx. four years ago.
- Steps to transit, minutes to the subway, York University, and Highways 400 and 401.
Rarely offered on Eldorado, a quiet enclave of custom-built executive homes backing the Black Creek ravine and trail system. Meticulously maintained mid-century bungalow, built in 1968 and owned by the same family since new. Approx. 2,527 sq ft of finished living space across two levels: 1,415 sq ft on the main floor plus 1,112 sq ft below grade, per floor plan, on an irregular 6,942 sq ft lot with 55 ft frontage and depths reaching 145 ft. Main floor offers three bedrooms and a light-filled 13' x 17'6" living room with a wood-burning fireplace, custom mantel, crown moulding, and four floor-to-ceiling window panels opening to a full-size covered balcony with treed views over the rear yard. Adjoining dining room with the original builder's chandelier. Sunny kitchen with breakfast area overlooking the front garden. Original hardwood strip floors refinished three years ago. Primary bedroom with renovated two-piece ensuite, plus a four-piece main bath. The lower level is a true in-law suite with its own walk-up to the private rear yard. Expansive 24'1" x 16'8" family room with three large windows, pot lights, original parquet floors, and a second wood-burning fireplace with Elmira insert and blower. Full second kitchen and dining, 14'5" x 14'3", with cabinetry under two years old, stainless appliances, and a pantry. Fourth bedroom, 13'8" x 12'3", with a full window. Three-piece bath with walk-in shower, renovated approx. four years ago. Separate laundry, plus approx. 440 sq ft of storage and cold cellar. Roof and furnace under six years old; large 2.5-tonne air conditioner five years old; updated water tank. Double garage with extra-high door and parking for six. Covered front veranda with wrought-iron railings, leaded-glass entry, and new interlock walkway. Landscaped rear yard with circular patio, mature trees, and full cedar hedge. Steps to transit, minutes to the subway, York University, and Highways 400 and 401.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13807844
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 55.3 × 145 ft
- Cross streets
- Keele and Sheppard
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,362 / 2026
- Days on market
- 8
- Listing brokerage
- METROGLOBE REALTY BROKERAGE CORP.
Rooms
vinyl floor · unfinished
vinyl floor · laundry sink · unfinished
hardwood floor · marble fireplace · w/o to balcony
stainless steel appl · eat-in kitchen · laminate
parquet · brick fireplace · walk-up
ceramic floor · combined w/kitchen · overlooks frontyard
ceramic floor · ceramic backsplash · b/i dishwasher
ceramic floor · double closet · crown moulding
4 pc bath · ceramic floor · bidet
2 pc ensuite · renovated · ceramic floor
parquet · window
hardwood floor · double closet · window
hardwood floor · combined w/living · crown moulding
hardwood floor · 2 pc ensuite · overlooks backyard
3 pc bath · separate shower · renovated
hardwood floor · closet · large window
Listed at $1,219,800. Going by how homes in York University Heights and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.18M, if it sells. A realistic range is $1.11M to $1.33M.
Independent value check: $1.14M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.07M and $1.20M).
Why $1.14M. The typical detached home sold in York University Heights over the past year went for about $1.04M (33 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,362 a year; the typical home sold here pays about $4,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.18M, from 10 recent closings in this pocket.
The market behind the math:
About 3.3 months of inventory: 11 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $938/sqft against an area asking average of $707/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 York University Heights basements rarely rent out (2 of 16 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $963K. 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- 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 Lamberton Public 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
There were not many closely comparable homes right in York University Heights, so I widened the search to the surrounding area.
Based on 10 comparable homes that sold in York University Heights over the past two years, from 56 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 $1.14M, which is where my estimate comes from.
Per square foot, these ask about $776/sqft; this home lists at $938/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
York University Heights, 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 $975,840 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,396
- Property tax
- $447
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,842
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,871
- Toronto municipal land transfer tax
- $20,871
- Estimated closing costs
- $41,742
Plus your down payment of $243,960. 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
- $323,735
- Principal paid down
- $119,230
- Interest paid
- $204,506
- Balance remaining
- $856,610
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
About the suite: in York University Heights basements rarely rent out (2 of 16 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 numbersThe last 6 whole-home leases in York University Heights signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,214. 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 METROGLOBE REALTY BROKERAGE CORP.. MLS®/PropTx.