24 Aura Lea Boulevard, Toronto, ON
Humberlea-Pelmo Park W5, Toronto · MLS® W13871316
About this home
**Welcome to this Bright & Spacious 4-Bedroom, 2-Bathroom Detached Home in Toronto**1,095 Square Feet as per MPAC**AC & Furnace Replaced (2023)**Roof Replaced (2018)**Abundant Natural Light Throughout, Creating a Bright & Welcoming Atmosphere**Attached Garage Thoughtfully Converted into a Primary Bedroom, Expanding the Original 3-Bedroom Layout to 4 Bedrooms**Live-In Nanny Suite-Style Basement with Studio-Style Layout, Plus a Versatile Den that can be used for Multiple Purposes**Laundry Room is in the Basement**Exceptionally Wide and Deep Lot with No Sidewalk**Just a 5-Minute Drive to North York Sheridan Mall for Shopping & Everyday Essentials**
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13871316
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 68 × 112.5 ft
- Cross streets
- Weston And Aura Lea
- Parking
- 1 garage · 9 parking (detached)
- Basement
- Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,566 / 2026
- Listing brokerage
- CENTURY 21 SKYLARK REAL ESTATE LTD.
Rooms
laminate · closet · window
hardwood floor · window
ceramic floor · window
hardwood floor · window
hardwood floor · fireplace · window
ceramic floor · combined w/living · window
ceramic floor · breakfast area · window
ceramic floor · combined w/kitchen · window
hardwood floor · window
ceramic floor · combined w/living · window
Listed at $1,249,900, about 49% above our estimate of $840K (homes like it typically land between $787K and $880K). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.
Why $840K. The typical detached home sold in Humberlea-Pelmo Park W5 over the past year went for about $978K (20 sales). What sets this one apart:
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,566 a year; the typical home sold here pays about $4,100.
Total price vs nearby homes. Fair value about $840K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $1,389/sqft against an area asking average of $694/sqft.
- basement apartment features. A finished 1 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Humberlea-Pelmo Park W5: 6 of the 25 detached leases here lately were basement units, around $2,000 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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.02M. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
The assigned public school is Gulfstream 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Humberlea-Pelmo Park W5, so I widened the search to the surrounding area.
Based on 14 comparable homes that sold in Humberlea-Pelmo Park W5 over the past two years, from 42 closings there.
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 $840K, which is where my estimate comes from.
Per square foot, these ask about $867/sqft; this home lists at $1,389/sqft. Size is part of the price story, not just the sticker.
The 4 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 7,351 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 | 669 |
Neighbourhood & location
Humberlea-Pelmo Park W5, 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 7, 2026); conventional rates run a little higher.
Mortgage amount $999,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,529
- Property tax
- $381
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,909
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,473
- Toronto municipal land transfer tax
- $21,473
- Estimated closing costs
- $42,946
Plus your down payment of $249,980. 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
- $331,724
- Principal paid down
- $122,172
- Interest paid
- $209,552
- Balance remaining
- $877,748
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
The suite is real income here: basements rent in Humberlea-Pelmo Park W5 (6 of 25 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 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 numbersThe last 5 whole-home leases in Humberlea-Pelmo Park W5 signed at a median of $3,942 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,634. 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 CENTURY 21 SKYLARK REAL ESTATE LTD.. MLS®/PropTx.