228 Rosemount Avenue, Toronto, ON

Humberlea-Pelmo Park W4, Toronto · MLS® W13864308

$1,298,000
For Sale
Listed 13 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • An Exceptional and Rarely Offered Newer-Build Residence in Weston Village, Named Toronto Life's #1 Neighbourhood to Invest In.
  • A Unique Opportunity Combining the Benefits of a Newer Build, Flexible Living Space, a Self-Contained Income-Generating Suite, Private Outdoor Space and Coveted 2 Car...

An Exceptional and Rarely Offered Newer-Build Residence in Weston Village, Named Toronto Life's #1 Neighbourhood to Invest In. Complete With a Self-Contained Lower-Level Apartment Offering Valuable Potential Income or an Ideal Private Space for Extended Family. This Home Also Features a Rare Double-Car Garage-An Exceptionally Difficult Combination to Find in the Neighbourhood. The Main Residence Offers a Spacious, thoughtfully Designed Layout with an Upgraded Kitchen & Generous Living Space. Originally Designed as a Four-Bedroom Home, the Fourth Bedroom on the Upper Level has been Converted into a Generous Full-Size Laundry Room, providing Exceptional Everyday Functionality While Remaining Easily Convertible Back to a Bedroom if Desired. The Maintenance-Free Backyard is Designed for Effortless Outdoor Living, featuring a Large Deck for Entertaining and a Turfed Area with Plenty of Space for Children to Play. A Unique Opportunity Combining the Benefits of a Newer Build, Flexible Living Space, a Self-Contained Income-Generating Suite, Private Outdoor Space and Coveted 2 Car Parking in one of the Area's Most Desirable Communities. See the Attached Feature Sheet for a Complete List of Notable Upgrades and Features.

Key facts

Property type
Detached, 2-Storey
MLS®
W13864308
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
35.17 × 98.6 ft
Cross streets
Weston & 401
Parking
2 garage · 4 parking (built-in)
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,861 / 2026
Days on market
13
Listing brokerage
CENTURY 21 PARKLAND LTD.

Rooms

Bedroom 2Second3.01 × 2.72 m

hardwood floor · large window · closet

KitchenBasement2.74 × 5.79 m

ceramic floor · open concept

Dining RoomGround5.61 × 3.10 m

combined w/living · hardwood floor · fireplace

Bedroom 5Basement3.05 × 3.35 m
Living RoomGround5.61 × 3.10 m

combined w/dining · hardwood floor

KitchenGround6.17 × 2.68 m

ceramic floor · eat-in kitchen · walk-out

LaundrySecond5.00 × 3.23 m

hardwood floor · closet · window

RecreationBasement5.85 × 3.85 m

ceramic floor · pot lights

BedroomSecond4.31 × 3.32 m

hardwood floor · 4 pc ensuite · closet

Bedroom 3Second4.54 × 3.08 m

hardwood floor · closet · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is C R Marchant Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Humberlea-Pelmo Park W4 · asking prices
$1.37Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $781/sqft; this home lists at $742/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.30MThis home1.40M1.15M1.55MThis home vs active comparables

Neighbourhood & location

Humberlea-Pelmo Park W4, 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.

Islington-City Centre West
$1.54M
Willowdale East
$2.29M
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Bayview Village
$1.60M

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 Pelmo Park Public School
43%
Pelmo Park Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 43% meet the provincial standard
St. John the EvangelistEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John the Evangelist Catholic School · Catholic elementary0.4 km · 61% at standard
H J Alexander Community School · Public elementary0.6 km · 68% at standard
Weston Memorial Junior Public School · Public elementary1.2 km · 85% at standard
St Simon Catholic School · Catholic elementary1.7 km · 67% at standard
Valleyfield Junior School · Public elementary1.9 km · 77% at standard
St Andre Catholic School · Catholic elementary1.9 km · 66% at standard
Portage Trail Community School · Public elementary1.9 km · 44% at standard
St Eugene Catholic School · Catholic elementary1.9 km · 78% at standard
School of Experiential Education · Public secondary1.9 km
St Bernard Catholic School · Catholic elementary2.0 km · 54% at standard
Westmount Junior School · Public elementary2.0 km · 53% at standard
Hilltop Middle School · Public elementary2.1 km · 62% at standard

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

Affordability & Mortgage

Affordability
$5,916/mo
$244KIncome needed
5.3×Price ÷ income
$1,365Weekly cost
$44,870Land 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 $5,916Property tax $488Total carry $6,404

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)
$5,741per month

Mortgage amount $1,038,400 · 4.49% over 25 years

$259,600Down payment (20.0%)
$1,038,400Loan before insurance
$0CMHC premium
$6,230Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,741
Property tax
$488
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,230

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

One-time closing costs

Ontario land transfer tax
$22,435
Toronto municipal land transfer tax
$22,435
Estimated closing costs
$44,870

Plus your down payment of $259,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,949/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

$684,048Total interest paid
$1,722,448Total of all payments
Principal $1,038,400 Interest $684,048
YearPrincipalInterestBalance
1$23,173$45,725$1,015,227
2$24,225$44,673$991,003
3$25,325$43,573$965,678
4$26,475$42,423$939,203
5$27,677$41,221$911,527
6$28,933$39,965$882,593
7$30,247$38,651$852,347
8$31,620$37,278$820,726
9$33,056$35,842$787,670
10$34,557$34,341$753,114
11$36,126$32,772$716,988
12$37,766$31,132$679,222
13$39,481$29,417$639,741
14$41,273$27,625$598,468
15$43,147$25,751$555,320
16$45,106$23,791$510,214
17$47,154$21,743$463,059
18$49,295$19,602$413,764
19$51,534$17,364$362,230
20$53,873$15,024$308,357
21$56,320$12,578$252,037
22$58,877$10,021$193,160
23$61,550$7,348$131,611
24$64,345$4,553$67,266
25$67,266$1,632$0

At the end of your 5-year term

Total paid over the term
$344,490
Principal paid down
$126,873
Interest paid
$217,616
Balance remaining
$911,527

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
Estimate$3,150/mo
$37,800Gross annual rent
2.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.9%
Gross yield
− Property tax $5,861− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,381

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

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