21 Delabo Drive, Toronto, ON

York University Heights, Toronto · MLS® W13831096

$1,265,000
For Sale
Listed 12 days agoNo offer date stated
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9+3Bedrooms
10Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • HARD TO FIND DETACHED HOME AT YORK UNIVERSITY HEIGHTS DISTRICT - 9+3 Bedrooms, 10 Washrooms.
  • OR FOR THE RIGHT INVESTOR, PRESENTLY TENANTED BY SELLER STAFFS, $4000.00 / Mth., Guarantee for (One) 1 Year or Choose To Have Vacant Position Within 60 Days.
  • Ft Above grade and over 3,000 Sq.
  • Conveniently located close to schools, parks, trails, shops, restaurants and public transit, with easy access to Highway 400 and Highway 407.
  • The Finch West LRT (Line 6) provides convenient connections along Finch Avenue West from Keele Street toward Humber College.

HARD TO FIND DETACHED HOME AT YORK UNIVERSITY HEIGHTS DISTRICT - 9+3 Bedrooms, 10 Washrooms. Spacious Terrace, This property provides plenty of room for large or extended families. OR FOR THE RIGHT INVESTOR, PRESENTLY TENANTED BY SELLER STAFFS, $4000.00 / Mth., Guarantee for (One) 1 Year or Choose To Have Vacant Position Within 60 Days. 2645 Sq.Ft Above grade and over 3,000 Sq.Ft. of total living area,The well-designed layout offers a good balance of privacy and functionality, with generous living areas and multiple bedrooms and washrooms. The spacious terrace provides additional outdoor space to relax or entertain. Conveniently located close to schools, parks, trails, shops, restaurants and public transit, with easy access to Highway 400 and Highway 407. The Finch West LRT (Line 6) provides convenient connections along Finch Avenue West from Keele Street toward Humber College.A great opportunity for buyers looking for a large home in a well-connected location with plenty of flexibility and future potential.

Key facts

Property type
Detached, 3-Storey
MLS®
W13831096
Bedrooms
9+3 (12 total)
Bathrooms
10 (1 half)
Size
2500-3000 sq ft
Lot
24.28 × 100.07 ft
Cross streets
Keele St / Finch Ave W
Parking
2 garage · 4 parking (attached)
Driveway
Other
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,965 / 2025
Days on market
12
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Family RoomMain3.89 × 2.63 m

parquet · large window · 3 pc ensuite

Living RoomMain4.05 × 3.14 m

parquet · large closet · north view

BedroomBasement4.80 × 2.40 m

laminate · above grade window · bow window

KitchenMain4.00 × 3.04 m

ceramic floor · quartz counter

Dining RoomMain3.89 × 3.77 m

parquet · window

Bedroom 2Second5.14 × 2.80 m

2 way fireplace · large window · 3 pc ensuite

Bedroom 3Second5.15 × 2.77 m

laminate · large window · 3 pc ensuite

OfficeThird2.93 × 2.31 m

laminate · w/o to terrace · window

Primary BedroomThird4.23 × 3.88 m

laminate · closet organizers · 3 pc ensuite

Bedroom 4Second4.00 × 2.80 m

laminate · window · closet

BedroomBasement5.30 × 2.60 m

2 way fireplace · large window · 3 pc ensuite

Bedroom 4Second4.60 × 2.80 m

laminate · large window · 3 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.22Mlikely sale price

Listed at $1,265,000. Going by how homes in York University Heights and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $1.22M, if it sells. A realistic range is $1.15M to $1.38M.

Independent value check: $1.24M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.16M and $1.30M).

Why $1.24M. 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 stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it strongly9+3 bedrooms and 10 baths, against 3+2 and 3 typically.
  • ▼ Lowers it slightlyIts lot is 24 by 100 ft; the typical lot sold here is 50 by 116.
List price
$1.15MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Likely closing about $1.22M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$949Kmedian sold price
94%of asking, on average
−17%prices vs a year ago
~22 dayshomes like this take to sell
12days on market so far
$4,636/moest. rent · 11 leases
4.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 8.6 months of inventory: 23 detached homes for sale in the area against 8 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 $460/sqft against an area asking average of $621/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. In York University Heights basements rarely rent out (2 of 17 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.
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 $1.11M. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
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 8 comparable homes that sold in York University Heights over the past two years, from 55 closings there.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$1.43Mavg 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 $1.24M, which is where my estimate comes from.

Per square foot, these ask about $504/sqft; this home lists at $460/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.26MThis home1.45M1.46M1.55M1.49M1.22MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,353 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$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M671

Neighbourhood & location

York University Heights, 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.

St. Andrew-Windfields
$3.98M
Oakwood Village
$1.88M
Don Valley Village
$1.25M
Islington-City Centre West
$1.71M
East York
$1.19M

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 Lamberton Public School
63%
Lamberton Public SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 63% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
James Cardinal McGuigan Catholic High School · Catholic secondary0.8 km · 66% at standard
Driftwood Public School · Public elementary1.0 km · 42% at standard
Derrydown Public School · Public elementary1.0 km · 34% at standard
Brookview Middle School · Public elementary1.2 km · 51% at standard
Shoreham Public School · Public elementary1.3 km · 54% at standard
St Charles Garnier Catholic School · Catholic elementary1.3 km · 63% at standard
Topcliff Public School · Public elementary1.3 km · 34% at standard
Gosford Public School · Public elementary1.5 km · 48% at standard
Stilecroft Public School · Public elementary1.7 km · 60% at standard
St Francis de Sales Catholic School · Catholic elementary1.8 km · 38% at standard
St Augustine Catholic School · Catholic elementary1.8 km · 65% at standard
Yorkwoods Public School · Public elementary1.9 km · 16% at standard

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

Affordability & Mortgage

Affordability
$5,765/mo
$239KIncome needed
5.3×Price ÷ income
$1,330Weekly cost
$43,550Land 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 $5,765Property tax $497Total carry $6,263

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 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,596per month

Mortgage amount $1,012,000 · 4.49% over 25 years

$253,000Down payment (20.0%)
$1,012,000Loan before insurance
$0CMHC premium
$6,093Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,596
Property tax
$497
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,093

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

One-time closing costs

Ontario land transfer tax
$21,775
Toronto municipal land transfer tax
$21,775
Estimated closing costs
$43,550

Plus your down payment of $253,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,772/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

$666,657Total interest paid
$1,678,657Total of all payments
Principal $1,012,000 Interest $666,657
YearPrincipalInterestBalance
1$22,584$44,563$989,416
2$23,609$43,537$965,808
3$24,681$42,465$941,127
4$25,801$41,345$915,325
5$26,973$40,173$888,352
6$28,198$38,949$860,155
7$29,478$37,668$830,677
8$30,816$36,330$799,860
9$32,216$34,931$767,645
10$33,678$33,468$733,967
11$35,207$31,939$698,759
12$36,806$30,340$661,953
13$38,477$28,669$623,476
14$40,224$26,922$583,252
15$42,050$25,096$541,202
16$43,960$23,187$497,242
17$45,956$21,191$451,287
18$48,042$19,104$403,244
19$50,223$16,923$353,021
20$52,504$14,642$300,517
21$54,888$12,259$245,629
22$57,380$9,766$188,250
23$59,985$7,161$128,265
24$62,709$4,438$65,556
25$65,556$1,590$0

At the end of your 5-year term

Total paid over the term
$335,731
Principal paid down
$123,648
Interest paid
$212,084
Balance remaining
$888,352

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 11 whole-home leases in York University Heights$4,636/mo
$55,632Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,930 to $5,300Typical rent range

About the suite: in York University Heights basements rarely rent out (2 of 17 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 numbers

The last 11 whole-home leases in York University Heights signed at a median of $3,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,636. 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.

4.4%
Gross yield
− Property tax $5,965− Insurance $1,400− Vacancy & upkeep $6,120Net operating income $42,147

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

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