24 Elmvale Crescent, Toronto, ON
West Humber-Clairville, Toronto · MLS® W13868712
About this home
In short
- This bright, very spacious, and well-maintained detached home offers exceptional versatility for growing families or multi-generational living.
- This home offers over 2000 square feet of above grade finished space and 680 square feet with a large recreation room and finished bar with sink below.
- This 4-level backsplit features 5 generously sized bedrooms, multiple living spaces, and a functional layout designed for comfort and convenience.
- The home includes three separate living areas, a dedicated dining room, and a fully finished basement-providing plenty of room to relax, entertain, or create...
This bright, very spacious, and well-maintained detached home offers exceptional versatility for growing families or multi-generational living. This home offers over 2000 square feet of above grade finished space and 680 square feet with a large recreation room and finished bar with sink below. This 4-level backsplit features 5 generously sized bedrooms, multiple living spaces, and a functional layout designed for comfort and convenience. The home includes three separate living areas, a dedicated dining room, and a fully finished basement-providing plenty of room to relax, entertain, or create additional living quarters. With two full bathrooms, a complete laundry area, and a well-equipped setup that includes two fridges, two stoves and a stand alone freezer. Perfectly suited for extended family living or potential rental income. Situated on an oversized lot with a private driveway, this home also offers ample outdoor space and parking. Additional features include a full HVAC system for year-round comfort. A fantastic opportunity in a desirable Toronto location-don't miss your chance to make this versatile property your next home.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- W13868712
- Bedrooms
- 5
- Bathrooms
- 2
- Size
- 2000-2500 sq ft
- Lot
- 42.23 × 139.91 ft
- Cross streets
- Silverstone Dr & Albion Rd
- Parking
- 1 garage · 4 parking (carport)
- Driveway
- Covered, Private
- Basement
- Finished, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,381 / 2025
- Days on market
- 13
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
combined w/rec · broadloom
large window · overlooks garden · fireplace
overlooks garden · hardwood floor
Overlooks Garden
window · b/i closet · hardwood floor
window · b/i closet · hardwood floor
overlooks backyard · hardwood floor
finished · dry bar
window · overlooks backyard · hardwood floor
Tile Floor
b/i dishwasher · pantry
4 pc ensuite · tile floor
ensuite bath · b/i closet · hardwood floor
Listed at $1,100,000. Going by how homes in West Humber-Clairville and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $1.07M, if it sells. A realistic range is $999K to $1.20M.
Independent value check: $933K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $874K and $977K).
Why $933K. The typical detached home sold in West Humber-Clairville over the past year went for about $863K (65 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,381 a year; the typical home sold here pays about $3,900.
Total price vs nearby homes. Likely closing about $1.07M, from 17 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 11 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $489/sqft against an area asking average of $657/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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $983K. Condition and finishes remain an in-person call.
What the listing highlights1 point 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
Schools & getting aroundcatchment and transit
The assigned public school is Melody Village Junior 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 ($489/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in West Humber-Clairville, so I widened the search to the surrounding area.
Based on 17 comparable homes that sold in West Humber-Clairville over the past two years, from 130 closings there.
For sale
For sale
For sale
For sale
For saleNothing 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 $933K, which is where my estimate comes from.
Per square foot, these ask about $589/sqft; this home lists at $489/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
West Humber-Clairville, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $880,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,866
- Property tax
- $365
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,231
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Toronto municipal land transfer tax
- $18,475
- Estimated closing costs
- $36,950
Plus your down payment of $220,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $291,940
- Principal paid down
- $107,520
- Interest paid
- $184,421
- Balance remaining
- $772,480
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 14 whole-home leases in West Humber-Clairville signed at a median of $3,516 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,527. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.