118 Lansdowne Avenue, Toronto, ON
Roncesvalles, Toronto · MLS® W13810008
About this home
In short
- Welcome to 118 Lansdowne Ave, a timeless Victorian residence ideally situated on the border of two iconic Toronto neighbourhoods of Parkdale and Roncesvalles.
- Soaring 10-foot ceilings, hardwood flooring, refurbished high-profile baseboards and elegant mouldings create a warm and sophisticated atmosphere.
- The newly renovated chef's kitchen is a standout feature, complete with custom two-tone hardwood cabinetry, quartz countertops, stainless steel appliances, and a deep...
- At the rear ofthe home, a sun-filled family room offers the perfect gathering space, with a walkout to the beautifully landscaped yard featuring a large garden shed...
- Upstairs, three generously sized bedrooms provide exceptional comfort and storage, all centred around a newly renovated four-piece bathroom.
Welcome to 118 Lansdowne Ave, a timeless Victorian residence ideally situated on the border of two iconic Toronto neighbourhoods of Parkdale and Roncesvalles. Surrounded by vibrant cafes, boutique shopping, acclaimed restaurants, convenient transit and Gardiner Expressway access, this location offers the perfect balance of urban energy and community charm. This fully detached, two-storey brick home immediately captivates with its classic curb appeal, highlighted by a spacious covered front porch and inviting front foyer. Inside, rich character and thoughtful updates blend seamlessly throughout. Soaring 10-foot ceilings, hardwood flooring, refurbished high-profile baseboards and elegant mouldings create a warm and sophisticated atmosphere. Designed for both everyday living and entertaining, the expansive principal rooms flow effortlessly from one to the next while maintaining their own unique character. The newly renovated chef's kitchen is a standout feature, complete with custom two-tone hardwood cabinetry, quartz countertops, stainless steel appliances, and a deep farmhouse sink. At the rear ofthe home, a sun-filled family room offers the perfect gathering space, with a walkout to the beautifully landscaped yard featuring a large garden shed and private laneway parking. Upstairs, three generously sized bedrooms provide exceptional comfort and storage, all centred around a newly renovated four-piece bathroom. An additional versatile room offers the ideal space for a nursery, home office, or reading retreat. The basement presents abundant storage and exciting future potential for customization. Lovingly maintained and tastefully updated throughout, this exceptional home is ready to welcome its next chapter with your family. Other items include: 2nd parking spot based on a $0 "verbal agreement" with the neighbour, Furnace 2024, AC 2016, Flooring 2022, Shingles 2018, Flat Roof 2011, French Immersion at both schools & two highly sought after day cares.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13810008
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 25 × 129 ft
- Cross streets
- Lansdowne Ave & Queen St W
- Parking
- 1 parking
- Driveway
- Lane, Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick, Concrete Block
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $7,058 / 2026
- Days on market
- 28
- Listing brokerage
- RIGHT AT HOME REALTY
Listed at $1,739,900. Going by how homes in Roncesvalles and the wider GTA have actually closed against their asking prices (about 102%, 8 local closings in 90 days), the likely sale price is near $1.77M, if it sells. A realistic range is $1.66M to $2.00M.
Independent value check: $1.50M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.41M and $1.57M).
Why $1.50M. The typical detached home sold in Roncesvalles over the past year went for about $1.88M (28 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,058 a year; the typical home sold here pays about $8,400.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.77M, from 8 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 6 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $773/sqft against an area asking average of $1,090/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.76M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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
Priced above comparable homes overall, but the price per square foot ($773/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 Roncesvalles, so I widened the search to the surrounding area.
Based on 8 comparable homes that sold in Roncesvalles over the past two years, from 57 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 $1.50M, which is where my estimate comes from.
Per square foot, these ask about $1,011/sqft; this home lists at $773/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Roncesvalles, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,391,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,696
- Property tax
- $588
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,284
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,273
- Toronto municipal land transfer tax
- $31,273
- Estimated closing costs
- $62,546
Plus your down payment of $347,980. 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
- $461,770
- Principal paid down
- $170,067
- Interest paid
- $291,703
- Balance remaining
- $1,221,853
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
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 7 whole-home leases in Roncesvalles signed at a median of $2,775 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,996. 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 RIGHT AT HOME REALTY. MLS®/PropTx.