276-60 Parrotta Drive, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13822018

$624,900
For Sale
Listed 25 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to this stunning, beautifully maintained townhouse featuring a bright, spacious open-concept layout and stylish modern finishes throughout.
  • Situated in a well-maintained community, conveniently located close to parks, schools, shopping, restaurants, transit, and major highways.

Move-In Ready! Welcome to this stunning, beautifully maintained townhouse featuring a bright, spacious open-concept layout and stylish modern finishes throughout. Oversized windows fill the home with natural light, complemented by elegant flooring, pot lights, and a striking fireplace feature wall that creates a warm and inviting living space. The modern kitchen features quartz countertops, stainless steel appliances, ample cabinetry, and a convenient breakfast bar, opening seamlessly to the spacious living and dining areas. Perfect for both everyday living and entertaining. Enjoy your own private balcony, ideal for morning coffee or relaxing at the end of the day. Upstairs, generously sized bedrooms and modern bathrooms provide comfortable and functional living space. Additional conveniences include secure underground parking and a private locker. Situated in a well-maintained community, conveniently located close to parks, schools, shopping, restaurants, transit, and major highways. A wonderful opportunity to enjoy stylish, low-maintenance living in a highly convenient location. Move in and enjoy!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13822018
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Sheppard/Weston
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$440/mo
Exposure
East
Property tax
$2,378 / 2026
Days on market
25
Listing brokerage
WE REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$609Klikely sale price

Listed at $624,900. Going by how homes in Humberlea-Pelmo Park W5 and the wider GTA have actually closed against their asking prices (about 98%, 5 local closings in 90 days), the likely sale price is near $609K, if it sells. A realistic range is $574K to $659K.

Independent value check: $519K. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $483K and $545K).

Why $519K. The typical townhouse sold in Humberlea-Pelmo Park W5 over the past year went for about $595K (13 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,378 a year; the typical home sold here pays about $2,600.
List price
$574KBelow recent closings$659KAbove recent closings

Total price vs nearby homes. Likely closing about $609K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$600Kmedian sold price
97%of asking, on average
−5%prices vs a year ago
~41 dayshomes like this take to sell
25days on market so far
$2,781/moest. rent · 32 leases
5.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 5 condo townhouse homes for sale in the area against 5 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 $568/sqft against an area asking average of $577/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 and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $550K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. 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 Gulfstream 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

Priced above comparable homes overall, but the price per square foot ($568/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Humberlea-Pelmo Park W5, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Humberlea-Pelmo Park W5 over the past two years, from 30 closings there.

What sellers nearby are askingCurrently listed nearby in Humberlea-Pelmo Park W5 · asking prices
$541kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $519K, which is where my estimate comes from.

Per square foot, these ask about $619/sqft; this home lists at $568/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
625kThis home600k499k525kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 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$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

Humberlea-Pelmo Park W5, 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.

Downsview-Roding-CFB
$699K
Islington-City Centre West
$555K
Casa Loma
$2.80M
St. Andrew-Windfields
$929K
Mimico
$840K

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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Basil-the-Great College School · Catholic secondary0.7 km · 58% at standard
St Jude Catholic School · Catholic elementary0.8 km · 56% at standard
Braeburn Junior School · Public elementary1.2 km · 61% at standard
St John Vianney Catholic School · Catholic elementary1.5 km · 68% at standard
Emery EdVance Secondary School · Public secondary1.7 km
Stanley Public School · Public elementary1.7 km · 44% at standard
The Elms Junior Middle School · Public elementary1.8 km · 61% at standard
Daystrom Public School · Public elementary1.8 km · 54% at standard
St Andre Catholic School · Catholic elementary1.9 km · 66% at standard
Chalkfarm Public School · Public elementary1.9 km · 38% at standard
St Stephen Catholic School · Catholic elementary2.0 km · 58% at standard
St Jane Frances Catholic School · Catholic elementary2.1 km · 47% at standard

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

Affordability & Mortgage

Affordability
$2,848/mo
$126KIncome needed
5.0×Price ÷ income
$657Weekly cost
$17,946Land 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.

82%mortgage
Mortgage $2,848Property tax $198Condo fee $440Total carry $3,486

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,764per month

Mortgage amount $499,920 · 4.49% over 25 years

$124,980Down payment (20.0%)
$499,920Loan before insurance
$0CMHC premium
$3,402Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,764
Property tax
$198
Condo / maintenance fees
$440
Heating
$0
Estimated monthly cost
$3,402

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

One-time closing costs

Ontario land transfer tax
$8,973
Toronto municipal land transfer tax
$8,973
Estimated closing costs
$17,946

Plus your down payment of $124,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,346/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

$329,323Total interest paid
$829,243Total of all payments
Principal $499,920 Interest $329,323
YearPrincipalInterestBalance
1$11,156$22,014$488,764
2$11,663$21,507$477,101
3$12,192$20,978$464,909
4$12,746$20,424$452,163
5$13,324$19,845$438,839
6$13,929$19,240$424,910
7$14,562$18,608$410,348
8$15,223$17,947$395,125
9$15,914$17,256$379,211
10$16,637$16,533$362,574
11$17,392$15,778$345,182
12$18,182$14,988$327,000
13$19,007$14,162$307,992
14$19,870$13,299$288,122
15$20,773$12,397$267,349
16$21,716$11,454$245,634
17$22,702$10,468$222,932
18$23,732$9,437$199,200
19$24,810$8,360$174,390
20$25,936$7,233$148,453
21$27,114$6,056$121,339
22$28,345$4,825$92,994
23$29,632$3,538$63,362
24$30,978$2,192$32,384
25$32,384$786$0

At the end of your 5-year term

Total paid over the term
$165,849
Principal paid down
$61,081
Interest paid
$104,768
Balance remaining
$438,839

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 32 whole-home leases in Humberlea-Pelmo Park W5$2,781/mo
$33,372Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,642 to $2,921Typical rent range
~43 daysTo find a tenant, on average

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 32 whole-home leases in Humberlea-Pelmo Park W5 signed at a median of $2,727 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,781. 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.

5.3%
Gross yield
− Property tax $2,378− Condo fees $5,280− Insurance $600− Vacancy & upkeep $3,671Net operating income $21,443

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

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