47 Thirteenth Street, Toronto, ON

New Toronto, Toronto · MLS® W14008788

$1,599,850
For Sale
Listed 6 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Experience Elevated Living In This Exceptional Custom-Built Home Offering Nearly 3,000 SqFt Of Finished Living Space, Where Modern Design Meets The Needs Of...
  • A Grand Oversized Entrance Opens To An Impressive Foyer Featuring Soaring Ceilings, A Statement Chandelier & Wide-Plank Engineered Hdwd Flooring That Continues...
  • At The Centre Of The Home Is A Stunning O/c Living & Entertaining Area Anchored By A Showpiece Chef's Kitchen.
  • A Dramatic 165-Inch Waterfall Quartz Island W/ Integrated Gas Cooktop, Undermount Sink & Seating Serves As The Ultimate Gathering Space.
  • Upstairs, The Luxurious Primary Suite Features Vaulted Ceilings, Custom B/i Cabinetry & A Sleek Vapor F/p.

Experience Elevated Living In This Exceptional Custom-Built Home Offering Nearly 3,000 SqFt Of Finished Living Space, Where Modern Design Meets The Needs Of Contemporary Family Life. A Grand Oversized Entrance Opens To An Impressive Foyer Featuring Soaring Ceilings, A Statement Chandelier & Wide-Plank Engineered Hdwd Flooring That Continues Throughout The Main & Upper Lvls. The Dining Room/Office Is Bathed In Natural Light Through An Expansive Picture Window, Creating An Elegant Setting For Entertaining. A Stylish Powder Room W/ A Floating Vanity & Porcelain Finishes Enhances The Home's Appeal. At The Centre Of The Home Is A Stunning O/c Living & Entertaining Area Anchored By A Showpiece Chef's Kitchen. A Dramatic 165-Inch Waterfall Quartz Island W/ Integrated Gas Cooktop, Undermount Sink & Seating Serves As The Ultimate Gathering Space. Custom Flat-Panel Cabinetry, Premium Wi-Fi-Enabled B/I Appls & Designer Finishes Complete This Space. The Adjoining Family Room Offers A Warm & Inviting Atmosphere W/ A Contemporary Linear Gas f/p Set Within A Striking Feature Wall. Floor-To-Ceil Black-Framed Windows & Sliding Doors Flood The Space W/ Natural Light & Provide Access To The Pvt Bkyd Featuring A Composite Deck W/ Iron Railings. Upstairs, The Luxurious Primary Suite Features Vaulted Ceilings, Custom B/i Cabinetry & A Sleek Vapor F/p. The Spa-Inspired Ensuite Is Enhanced By A Skylight, Floating Double Vanity, Deep Soaker Tub & An Oversized Glass Shower Finished W/ Sophisticated Gold Fixtures. 2 Addn'l Bdrms Share A Beautifully Appointed Jack-&-Jill Bathroom Complete W/ A Skylight, Double Vanity & Designer Details. The Finished Lower Lvl Adds Exceptional Flexibility W/ A Walk-Up To The Bkyd, A Spacious Rec Room, A Stylish Wet Bar & A Finished 3-Piece Bath, Ideal For Entertaining, Guests Or Extended Family Living. Perfectly Situated Just Moments From Lake Ontario, Waterfront Parks & Trails, Humber Polytechnic Lakeshore Campus, Shopping, Dining, Major Hwys & TTC Access.

Key facts

Property type
Detached, 2-Storey
MLS®
W14008788
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
25 × 110.01 ft
Cross streets
Lake Shore Blvd W. & Thirteenth St.
Parking
1 garage · 3 parking (built-in)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,711 / 2026
Days on market
6
Listing brokerage
RE/MAX REALTY ENTERPRISES INC.

Rooms

KitchenMain4.09 × 5.54 m

b/i appliances · centre island · pot lights

RecreationLower3.91 × 3.02 m

3 pc bath · wet bar · pot lights

Bedroom 3Main2.95 × 5.52 m

b/i closet · window · pot lights

Bedroom 2Main3.42 × 3.32 m

4 pc bath · b/i closet · window

Dining RoomMain3.80 × 3.75 m

open concept · window · pot lights

Primary BedroomMain5.48 × 5.52 m

5 pc ensuite · b/i closet · pot lights

Living RoomMain4.25 × 5.54 m

2 pc bath · window floor to ceiling · fireplace

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.55Mlikely sale price

Listed at $1,599,850. Going by how homes in New Toronto and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.55M, if it sells. A realistic range is $1.45M to $1.75M.

Independent value check: $1.79M. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $1.68M and $1.88M).

Why $1.79M. The typical detached home sold in New Toronto over the past year went for about $1.10M (61 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,711 a year; the typical home sold here pays about $4,700.
  • ▲ Raises it3 bedrooms and 4 baths, against 3+1 and 2 typically.
  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.45MBelow recent closings$1.75MAbove recent closings

Total price vs nearby homes. Likely closing about $1.55M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$783Kmedian sold price
95%of asking, on average
−27%prices vs a year ago
~23 dayshomes like this take to sell
6days on market so far
$4,689/moest. rent · 13 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 8 detached homes for sale in the area against 10 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 $914/sqft against an area asking average of $940/sqft.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.44M. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Seventh Street 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

Below comparable homes on total price, yet the price per square foot ($914/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 10 comparable homes that sold in New Toronto over the past two years, from 121 closings there.

What sellers nearby are askingCurrently listed nearby in New Toronto · asking prices
$1.66Mavg 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 $947/sqft; this home lists at $914/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.70M1.80M1.83M1.30MThis 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 7,360 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$1.20M678

Neighbourhood & location

New Toronto, 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.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Leaside
$2.15M
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M

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 Seventh Street Junior School
73%
Seventh Street Junior SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 5 more schools within 2.5 km
Father John Redmond Catholic Secondary School · Catholic secondary0.5 km · 84% at standard
Twentieth Street Junior School · Public elementary0.8 km · 70% at standard
James S Bell Junior Middle School · Public elementary1.6 km · 70% at standard
John English Junior Middle School · Public elementary2.1 km · 73% at standard
St Leo Catholic School · Catholic elementary2.3 km · 82% at standard

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

Affordability & Mortgage

Affordability
$7,292/mo
$301KIncome needed
5.3×Price ÷ income
$1,683Weekly cost
$56,944Land 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 $7,292Property tax $643Total carry $7,934

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)
$7,077per month

Mortgage amount $1,279,880 · 4.49% over 25 years

$319,970Down payment (20.0%)
$1,279,880Loan before insurance
$0CMHC premium
$7,719Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,077
Property tax
$643
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,719

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

One-time closing costs

Ontario land transfer tax
$28,472
Toronto municipal land transfer tax
$28,472
Estimated closing costs
$56,944

Plus your down payment of $319,970. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,565/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

$843,123Total interest paid
$2,123,003Total of all payments
Principal $1,279,880 Interest $843,123
YearPrincipalInterestBalance
1$28,561$56,359$1,251,319
2$29,858$55,062$1,221,460
3$31,214$53,706$1,190,246
4$32,631$52,289$1,157,615
5$34,113$50,807$1,123,502
6$35,662$49,258$1,087,841
7$37,281$47,639$1,050,560
8$38,974$45,947$1,011,586
9$40,743$44,177$970,843
10$42,593$42,327$928,250
11$44,527$40,393$883,723
12$46,549$38,372$837,175
13$48,662$36,258$788,513
14$50,872$34,049$737,641
15$53,181$31,739$684,460
16$55,596$29,324$628,864
17$58,120$26,800$570,744
18$60,759$24,161$509,985
19$63,518$21,402$446,467
20$66,402$18,518$380,065
21$69,417$15,503$310,648
22$72,568$12,352$238,080
23$75,863$9,057$162,217
24$79,308$5,612$82,909
25$82,909$2,011$0

At the end of your 5-year term

Total paid over the term
$424,601
Principal paid down
$156,378
Interest paid
$268,223
Balance remaining
$1,123,502

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 13 whole-home leases in New Toronto$4,689/mo
$56,268Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,262 to $5,375Typical rent range

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 13 whole-home leases in New Toronto signed at a median of $4,524 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,689. 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.

3.5%
Gross yield
− Property tax $7,711− Insurance $1,400− Vacancy & upkeep $6,189Net operating income $40,967

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

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