12 Macdonell Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13855370

$2,399,000
For Sale
Listed 17 days agoNo offer date stated
4+3Bedrooms
6Bathrooms
2Garage
3000-3500Sq ft

About this home

In short

  • An exceptional Roncesvalles approx.4,200 sq. ft. residence blends style, space, comfort & versatility across 4 beautifully finished levels, perfect balance of elegant...
  • Designed for refined entertaining & comfortable family living, gracious formal living room w/fireplace, dining room & spectacular chef's kitchen.
  • The 2nd floor offers exceptional space & versatility, featuring 3 generously sized bedrooms designed for comfort and functionality.
  • Impressive walk-in closet & a spa-inspired 6-piece ensuite w/heated floors for comfort & indulgence.
  • Finished basement offers exceptional versatility, featuring a private gym room complete w/2-pc ensuite.

An exceptional Roncesvalles approx.4,200 sq. ft. residence blends style, space, comfort & versatility across 4 beautifully finished levels, perfect balance of elegant living & functionality. A welcoming foyer w/built-ins, leading O/C main level w/stunning herringbone hrdwd flrs. Designed for refined entertaining & comfortable family living, gracious formal living room w/fireplace, dining room & spectacular chef's kitchen. Outfitted w/premium appliances, Wolf stove, Sub-Zero paneled refrigerator, Miele coffee machine & custom pantry. A spacious family area completes the space, creating the perfect gathering place. The 2nd floor offers exceptional space & versatility, featuring 3 generously sized bedrooms designed for comfort and functionality. The bright front bedroom includes a w/o balcony & 3pc ensuite. At the rear, the spacious bedroom includes an additional adjoining room, ideal for a home office, studio, nursery, creative retreat-offering incredible flexibility to suit your lifestyle. A convenient laundry room w/cabinets & laundry tub completes this well-appointed level. The entire 3rd level is devoted to an exceptional primary sanctuary designed for comfort, relaxation & luxury, filled with natural light thanks to two skylights & abundance of windows. Impressive walk-in closet & a spa-inspired 6-piece ensuite w/heated floors for comfort & indulgence. A thoughtfully designed work-from-home area provides a quiet & inspiring space for productivity. Blending elegance, functionality and serenity. Finished basement offers exceptional versatility, featuring a private gym room complete w/2-pc ensuite. Separate 2-bedroom nanny/in-law suite w/private entrance, ideal for extended family, 3 piece bathroom, a spacious living w/stackable washer/dryer. Large windows allow for plenty of natural light, creating a bright & comfortable living environment. Completing the property is a rare 2-car garage w/versatile loft area above, offering valuable storage & endless possibilities.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
W13855370
Bedrooms
4+3 (7 total)
Bathrooms
6 (2 half)
Size
3000-3500 sq ft
Lot
24.17 × 126 ft
Cross streets
Queen St. W. and Lansdowne Ave
Parking
2 garage (detached)
Driveway
Lane
Basement
Finished with Walk-Out, Separate Entrance, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick, Aluminum Siding
Foundation
Concrete Block, Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,974 / 2025
Days on market
17
Listing brokerage
HOMELIFE REGIONAL REALTY LTD.

Rooms

Primary BedroomThird6.10 × 9.14 m

walk-in closet(s) · combined w/den · 6 pc ensuite

BathroomMain1.27 × 1.51 m

ceramic floor · b/i vanity · 2 pc bath

RecreationBasement4.82 × 5.73 m

laminate · pot lights · open concept

KitchenMain5.15 × 4.03 m

hardwood floor · stainless steel appl · pantry

FoyerMain2.39 × 2.60 m

ceramic floor · closet organizers · heated floor

BathroomThird3.56 × 4.59 m

ceramic floor · 6 pc bath · heated floor

BathroomSecond3.10 × 1.52 m

4 pc bath · soaking tub · pot lights

Living RoomMain5.13 × 5.87 m

hardwood floor · electric fireplace · open concept

BedroomSecond5.12 × 3.55 m

double closet · 3 pc ensuite · w/o to balcony

BathroomBasement1.98 × 0.09 m

2 pc bath · ceramic floor · pot lights

BedroomBasement3.49 × 2.68 m

laminate · closet · picture window

DenThird3.38 × 0.78 m

large window · pot lights · open concept

BathroomBasement2.48 × 1.54 m

3 pc bath · ceramic floor · pot lights

DenSecond4.42 × 5.04 m

vaulted ceiling(s) · picture window · open concept

BedroomSecond5.16 × 3.47 m

double closet · closet organizers · pot lights

Dining RoomMain6.05 × 5.23 m

hardwood floor · pot lights · open concept

LaundrySecond1.58 × 2.58 m

ceramic floor · pot lights · laundry sink

BedroomSecond4.08 × 3.94 m

double closet · closet organizers · pot lights

BathroomSecond2.60 × 1.41 m

3 pc bath · separate shower · pot lights

Family RoomMain5.26 × 3.33 m

hardwood floor · pot lights · w/o to yard

KitchenBasement3.42 × 3.27 m

laminate · stainless steel appl · ceramic backsplash

BedroomBasement3.16 × 3.31 m

laminate · closet · window

Exercise RoomBasement2.94 × 3.84 m

laminate · 2 pc bath · window

Utility RoomBasement1.91 × 1.96 m
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$2.44Mlikely sale price

Listed at $2,399,000. Going by how homes in Roncesvalles and the wider GTA have actually closed against their asking prices (about 102%, 9 local closings in 90 days), the likely sale price is near $2.44M, if it sells. A realistic range is $2.29M to $2.75M.

Independent value check: $2.41M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $2.26M and $2.53M).

Why $2.41M. The typical semi-detached home sold in Roncesvalles over the past year went for about $1.49M (36 sales). What sets this one apart:

  • ▲ Raises it strongly4+3 bedrooms and 6 baths, against 3+1 and 3 typically.
  • ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,974 a year; the typical home sold here pays about $7,000.
List price
$2.29MBelow recent closings$2.75MAbove recent closings

Total price vs nearby homes. Likely closing about $2.44M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$1.45Mmedian sold price
112%of asking, on average
−4%prices vs a year ago
~7 dayshomes like this take to sell
17days on market so far
$6,143/moest. rent · 5 leases
3.1%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $738/sqft against an area asking average of $773/sqft.

  • Walk-out basement apartment features. A finished 3 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Roncesvalles: 11 of the 41 detached leases here lately were basement units, around $1,800 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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.58M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • 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
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

There were not many closely comparable homes right in Roncesvalles, so I widened the search to the surrounding area.

Based on 3 homes sold on this street over the past two years, plus 2 nearby in Roncesvalles, from 86 closings in Roncesvalles.

What sellers nearby are askingCurrently listed nearby in Roncesvalles · asking prices
$1.43Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $2.41M, which is where my estimate comes from.

Per square foot, these ask about $905/sqft; this home lists at $738/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.40MThis home1.80M1.39M1.10MThis home vs active comparables

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

Roncesvalles, 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.

Palmerston-Little Italy
$1.68M
University
$1.75M
Junction Area
$1.16M
Wychwood
$1.14M
Annex
$2.07M

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 Parkdale Junior and Senior Public School
51%
Parkdale Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 51% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Holy Family Catholic School · Catholic elementary0.4 km · 45% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.5 km · 56% at standard
Fern Avenue Junior and Senior Public School · Public elementary0.8 km · 75% at standard
City View Alternative Senior School · Public elementary0.9 km
Shirley Street Junior Public School · Public elementary0.9 km · 70% at standard
Garden Avenue Junior Public School · Public elementary0.9 km · 91% at standard
St Ambrose Catholic School · Catholic elementary0.9 km · 85% at standard
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.0 km · 73% at standard
The Grove Community School · Public elementary1.0 km
St Helen Catholic School · Catholic elementary1.3 km · 74% at standard
Brock Public School · Public elementary1.4 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.5 km

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

Affordability & Mortgage

Affordability
$10,934/mo
$442KIncome needed
5.4×Price ÷ income
$2,523Weekly cost
$92,900Land 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.

94%mortgage
Mortgage $10,934Property tax $748Total carry $11,682

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

years
years (your rate-locked period)
$10,612per month

Mortgage amount $1,919,200 · 4.49% over 25 years

$479,800Down payment (20.0%)
$1,919,200Loan before insurance
$0CMHC premium
$11,359Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,612
Property tax
$748
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,359

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

One-time closing costs

Ontario land transfer tax
$46,450
Toronto municipal land transfer tax
$46,450
Estimated closing costs
$92,900

Plus your down payment of $479,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,844/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

$1,264,276Total interest paid
$3,183,476Total of all payments
Principal $1,919,200 Interest $1,264,276
YearPrincipalInterestBalance
1$42,828$84,511$1,876,372
2$44,773$82,566$1,831,599
3$46,806$80,533$1,784,793
4$48,931$78,408$1,735,862
5$51,153$76,186$1,684,709
6$53,475$73,864$1,631,234
7$55,903$71,436$1,575,331
8$58,441$68,898$1,516,889
9$61,095$66,244$1,455,795
10$63,869$63,470$1,391,926
11$66,769$60,570$1,325,157
12$69,800$57,539$1,255,357
13$72,970$54,370$1,182,387
14$76,283$51,056$1,106,104
15$79,746$47,593$1,026,358
16$83,367$43,972$942,991
17$87,152$40,187$855,839
18$91,109$36,230$764,730
19$95,246$32,093$669,484
20$99,570$27,769$569,914
21$104,091$23,248$465,822
22$108,818$18,521$357,005
23$113,758$13,581$243,246
24$118,923$8,416$124,323
25$124,323$3,016$0

At the end of your 5-year term

Total paid over the term
$636,695
Principal paid down
$234,491
Interest paid
$402,204
Balance remaining
$1,684,709

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 5 whole-home leases in Roncesvalles$6,143/mo
$73,716Gross annual rent
2.3%Cap rate after taxes and upkeep
$4,472 to $6,881Typical rent range

The suite is real income here: basements rent in Roncesvalles (11 of 41 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 5 whole-home leases in Roncesvalles signed at a median of $5,868 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,143. 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.

3.1%
Gross yield
− Property tax $8,974− Insurance $1,400− Vacancy & upkeep $8,109Net operating income $55,233

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

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