83 Floral Parkway, Toronto, ON

Maple Leaf, Toronto · MLS® W13809812

$1,769,000
For Sale
Listed 8 days agoNo offer date stated
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4+3Bedrooms
7Bathrooms
1Garage · 7 parking
2500-3000Sq ft

About this home

In short

  • Custom Home in the Sought After Maple Leaf Neighbourhood.
  • Beautiful bright main level features heated porcelain tile throughout, pot lights, high ceilings, & a gourmet kitchen featuring Quartz counters & backsplash.
  • Heated flooring throughout the main level, as well as extensive sound proofing between the main & 2nd floor.
  • Primary bedroom w/ Balcony, 5 pc ensuite, and huge walk in Closet.
  • Basement is tenanted at $3800 per month all inclusive, with great tenants.

Custom Home in the Sought After Maple Leaf Neighbourhood! Beautiful bright main level features heated porcelain tile throughout, pot lights, high ceilings, & a gourmet kitchen featuring Quartz counters & backsplash. The kitchen features a large Quartz eat-in island. Tons of natural light, with a walkout to the backyard from the open concept living & dining. Heated flooring throughout the main level, as well as extensive sound proofing between the main & 2nd floor. Front office w/ 3 pc ensuite on Main level that can also be used as a 5th bedroom, or an in-law suite for aging parents! 4 generously sized bedrooms on the 2nd floor. Primary bedroom w/ Balcony, 5 pc ensuite, and huge walk in Closet! Featuring basement apartment with separate entrance & separate ensuite laundry! Sound insulation between all floors for complete privacy between Main levels and basement. Basement is tenanted at $3800 per month all inclusive, with great tenants! Tenants are happy and willing to stay or can be made vacant for closing! Detached finished & heated garage with it's own panel ready for your EV charger! Fully heated driveway with tons of parking space... say goodbye to shovelling!

Key facts

Property type
Detached, 2-Storey
MLS®
W13809812
Bedrooms
4+3 (7 total)
Bathrooms
7 (1 half)
Size
2500-3000 sq ft
Lot
40 × 120 ft
Cross streets
Keele St / Hwy 401
Parking
1 garage · 7 parking (detached)
Driveway
Private
Basement
Apartment
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,398 / 2025
Days on market
8
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Primary BedroomSecond4.35 × 5.00 m

balcony · 5 pc ensuite · walk-in closet(s)

BedroomBasement3.71 × 3.52 m

porcelain floor · heated floor · window

BedroomBasement3.52 × 3.68 m

porcelain floor · heated floor · window

Dining RoomMain3.01 × 4.98 m

porcelain floor · combined w/living · w/o to yard

KitchenBasement4.62 × 6.84 m

porcelain floor · heated floor · combined w/living

BathroomMain4.10 × 3.36 m

porcelain floor · 3 pc ensuite · window

Living RoomMain7.32 × 4.98 m

heated floor · gas fireplace · combined w/dining

Bedroom 4Second2.83 × 3.53 m

hardwood floor · 3 pc ensuite · double closet

KitchenMain5.14 × 5.29 m

heated floor · quartz counter · stainless steel appl

Bedroom 3Second3.60 × 3.62 m

hardwood floor · double closet · large window

Bedroom 2Second4.30 × 3.58 m

hardwood floor · double closet · large window

KitchenBasement4.98 × 3.36 m

porcelain floor · heated floor · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.72Mlikely sale price

Listed at $1,769,000. Going by how homes in Maple Leaf 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 $1.72M, if it sells. A realistic range is $1.61M to $1.94M.

Independent value check: $1.54M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.44M and $1.61M).

Why $1.54M. The typical detached home sold in Maple Leaf over the past year went for about $1.10M (39 sales). What sets this one apart:

  • ▲ Raises it strongly4+3 bedrooms and 7 baths, against 3+1 and 2 typically.
  • ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $7,398 a year; the typical home sold here pays about $5,300.
  • ▼ Lowers it slightlyIts lot is 40 by 120 ft; the typical lot sold here is 50 by 140.
List price
$1.61MBelow recent closings$1.94MAbove recent closings

Total price vs nearby homes. Likely closing about $1.72M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.14Mmedian sold price
95%of asking, on average
−9%prices vs a year ago
~47 dayshomes like this take to sell
8days on market so far
$6,016/moest. rent · 19 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 5 detached homes for sale in the area against 10 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 $643/sqft against an area asking average of $690/sqft.

  • basement apartment features. A finished 3 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Maple Leaf: 15 of the 43 detached leases here lately were basement units, around $2,000 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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.66M. 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
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Weston 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

Priced above comparable homes overall, but the price per square foot ($643/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 Maple Leaf, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Maple Leaf over the past two years, from 72 closings there.

What sellers nearby are askingCurrently listed nearby in Maple Leaf · asking prices
$2.13Mavg 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 $1.54M, which is where my estimate comes from.

Per square foot, these ask about $690/sqft; this home lists at $643/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.77MThis home1.88M1.85M2.40M2.95M1.58MThis home vs active comparables

Neighbourhood & location

Maple Leaf, 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.

Willowdale West
$1.30M
St. Andrew-Windfields
$8.80M
High Park-Swansea
$2.20M
Banbury-Don Mills
$2.12M
Islington-City Centre West
$1.32M

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 Gracefield Public School
29%
Gracefield Public SchoolPublic · Elementary · 2.1 km awayBelow the GTA average · 29% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Madonna Catholic Secondary School · Catholic secondary0.7 km · 60% at standard
Downsview Secondary School · Public secondary1.0 km · 42% at standard
Downsview Public School · Public elementary1.1 km · 70% at standard
Yorkdale Secondary School · Public secondary1.2 km
Ancaster Public School · Public elementary1.2 km · 47% at standard
St Raphael Catholic School · Catholic elementary1.4 km · 76% at standard
Pierre Laporte Middle School · Public elementary1.5 km · 71% at standard
St Norbert Catholic School · Catholic elementary1.5 km · 70% at standard
St Francis Xavier Catholic School · Catholic elementary1.5 km · 64% at standard
Joyce Public School · Public elementary1.6 km · 64% at standard
Maple Leaf Public School · Public elementary1.6 km · 42% at standard
St Conrad Catholic School · Catholic elementary1.7 km · 72% at standard

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

Affordability & Mortgage

Affordability
$8,063/mo
$329KIncome needed
5.4×Price ÷ income
$1,861Weekly cost
$63,710Land 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.

93%mortgage
Mortgage $8,063Property tax $617Total carry $8,679

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 September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,825per month

Mortgage amount $1,415,200 · 4.49% over 25 years

$353,800Down payment (20.0%)
$1,415,200Loan before insurance
$0CMHC premium
$8,441Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,825
Property tax
$617
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,441

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

One-time closing costs

Ontario land transfer tax
$31,855
Toronto municipal land transfer tax
$31,855
Estimated closing costs
$63,710

Plus your down payment of $353,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,471/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

$932,265Total interest paid
$2,347,465Total of all payments
Principal $1,415,200 Interest $932,265
YearPrincipalInterestBalance
1$31,581$62,317$1,383,619
2$33,015$60,883$1,350,604
3$34,514$59,384$1,316,089
4$36,081$57,817$1,280,008
5$37,719$56,179$1,242,289
6$39,432$54,466$1,202,857
7$41,222$52,676$1,161,634
8$43,094$50,804$1,118,540
9$45,051$48,848$1,073,489
10$47,096$46,802$1,026,393
11$49,235$44,664$977,158
12$51,470$42,429$925,688
13$53,807$40,092$871,881
14$56,250$37,649$815,631
15$58,804$35,095$756,827
16$61,474$32,425$695,353
17$64,265$29,633$631,088
18$67,183$26,716$563,905
19$70,233$23,665$493,671
20$73,422$20,476$420,249
21$76,756$17,143$343,493
22$80,241$13,658$263,252
23$83,884$10,014$179,368
24$87,693$6,206$91,675
25$91,675$2,224$0

At the end of your 5-year term

Total paid over the term
$469,493
Principal paid down
$172,911
Interest paid
$296,582
Balance remaining
$1,242,289

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 19 whole-home leases in Maple Leaf$6,016/mo
$72,192Gross annual rent
3.1%Cap rate after taxes and upkeep
$4,898 to $7,374Typical rent range

The suite is real income here: basements rent in Maple Leaf (15 of 43 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 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 numbers

The last 19 whole-home leases in Maple Leaf signed at a median of $4,086 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,016. 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.

4.1%
Gross yield
− Property tax $7,398− Insurance $1,400− Vacancy & upkeep $7,941Net operating income $55,453

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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