198 A Boon Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13827906

$1,049,990
For Sale
Listed 21 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 198A Boon Avenue, a stunning two-storey, three-bedroom semi-detached home in Toronto's vibrant Corso Italia neighbourhood.
  • Rarely offered, this impressive and spacious property features a finished basement with a kitchen and separate entrance, providing excellent flexibility for extended...

Welcome to 198A Boon Avenue, a stunning two-storey, three-bedroom semi-detached home in Toronto's vibrant Corso Italia neighbourhood. Rarely offered, this impressive and spacious property features a finished basement with a kitchen and separate entrance, providing excellent flexibility for extended family or rental-income potential. The home also includes a covered backyard porch and a laneway garage. It is an excellent opportunity for young families, investors looking to rent the main and lower levels, or anyone hoping to enter this highly desirable neighbourhood. Ideally located just steps from the St. Clair streetcar, schools, parks, places of worship, highways, shops, cafés, and restaurants, this property offers the perfect combination of urban convenience, investment potential, and welcoming community charm.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13827906
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
18 × 128 ft
Cross streets
St Clair/Dufferin
Parking
1 garage · 2 parking (detached)
Driveway
Lane
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,773 / 2025
Days on market
21
Listing brokerage
CENTURY 21 TITANS REALTY INC.

Rooms

LaundryMain3.04 × 1.21 m

parquet · open concept

Primary BedroomUpper3.15 × 4.21 m

parquet · closet · window

Bedroom 2Upper3.07 × 4.24 m

parquet · closet · window

Family RoomMain2.94 × 4.29 m

broadloom · large window · open concept

KitchenMain3.10 × 4.16 m

walk-out · tile floor · stainless steel appl

Bedroom 3Upper2.87 × 3.04 m

parquet · closet · window

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.05Mlikely sale price

Listed at $1,049,990. Going by how homes in Corso Italia-Davenport and the wider GTA have actually closed against their asking prices (about 100%, 21 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $983K to $1.18M.

Independent value check: $974K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $913K and $1.02M).

Why $974K. The typical semi-detached home sold in Corso Italia-Davenport over the past year went for about $1.09M (61 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,773 a year; the typical home sold here pays about $4,700.
List price
$983KBelow recent closings$1.18MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$1.05Mmedian sold price
102%of asking, on average
+1%prices vs a year ago
~9 dayshomes like this take to sell
21days on market so far
$4,204/moest. rent · 14 leases
4.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 5 semi-detached homes for sale in the area against 21 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 $808/sqft against an area asking average of $806/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 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Oakwood 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 ($808/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 homes sold on this street over the past two years, from 133 closings in Corso Italia-Davenport.

Sold price trend

Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 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$1.08M252
November 2025$1.03M207
December 2025$967K117
January 2026$997K100
February 2026$1.09M151
March 2026$1.18M180
April 2026$1.18M242
May 2026$1.18M282
June 2026$1.21M262
July 2026$999K237
August 2026$970K166
September 2026$1.12M213

Neighbourhood & location

Corso Italia-Davenport, 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.

Wychwood
$1.18M
Dufferin Grove
$849K
Palmerston-Little Italy
$1.68M
Annex
$2.33M
Mount Pleasant East
$1.34M

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 Rawlinson Community School
63%
Rawlinson Community SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 63% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Clare Catholic School · Catholic elementary0.7 km · 72% at standard
St John Bosco Catholic School · Catholic elementary0.7 km · 65% at standard
F H Miller Junior Public School · Public elementary0.9 km · 78% at standard
St Nicholas of Bari Catholic School · Catholic elementary1.0 km · 59% at standard
St Paul VI Catholic School · Catholic elementary1.1 km · 76% at standard
Regal Road Junior Public School · Public elementary1.2 km · 73% at standard
Fairbank Memorial Community School · Public elementary1.2 km · 66% at standard
D'Arcy McGee Catholic School · Catholic elementary1.2 km · 48% at standard
General Mercer Junior Public School · Public elementary1.3 km · 54% at standard
St Mary of the Angels Catholic School · Catholic elementary1.3 km · 76% at standard
Fairbank Public School · Public elementary1.4 km · 59% at standard
St Alphonsus Catholic School · Catholic elementary1.4 km · 74% at standard

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

Affordability & Mortgage

Affordability
$4,786/mo
$198KIncome needed
5.3×Price ÷ income
$1,104Weekly cost
$34,950Land 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 $4,786Property tax $398Total carry $5,183

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,644per month

Mortgage amount $839,992 · 4.49% over 25 years

$209,998Down payment (20.0%)
$839,992Loan before insurance
$0CMHC premium
$5,042Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,644
Property tax
$398
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,042

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

One-time closing costs

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Estimated closing costs
$34,950

Plus your down payment of $209,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,621/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

$553,346Total interest paid
$1,393,338Total of all payments
Principal $839,992 Interest $553,346
YearPrincipalInterestBalance
1$18,745$36,988$821,247
2$19,596$36,137$801,651
3$20,486$35,248$781,165
4$21,416$34,317$759,749
5$22,388$33,345$737,360
6$23,405$32,329$713,956
7$24,468$31,266$689,488
8$25,579$30,155$663,909
9$26,740$28,994$637,170
10$27,954$27,780$609,216
11$29,223$26,510$579,992
12$30,550$25,183$549,442
13$31,937$23,796$517,505
14$33,387$22,346$484,118
15$34,903$20,830$449,215
16$36,488$19,246$412,727
17$38,145$17,589$374,582
18$39,877$15,857$334,706
19$41,687$14,046$293,019
20$43,580$12,154$249,439
21$45,559$10,175$203,880
22$47,627$8,106$156,253
23$49,790$5,944$106,464
24$52,050$3,683$54,413
25$54,413$1,320$0

At the end of your 5-year term

Total paid over the term
$278,668
Principal paid down
$102,632
Interest paid
$176,036
Balance remaining
$737,360

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 14 whole-home leases in Corso Italia-Davenport$4,204/mo
$50,448Gross annual rent
3.7%Cap rate after taxes and upkeep
$3,506 to $4,414Typical rent range

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 14 whole-home leases in Corso Italia-Davenport signed at a median of $3,858 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,204. 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.

4.8%
Gross yield
− Property tax $4,773− Insurance $1,400− Vacancy & upkeep $5,549Net operating income $38,726

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

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