132 Close Avenue, Toronto, ON

South Parkdale, Toronto · MLS® W14029124

$899,000
For Sale
Listed 7 days agoNo offer date stated
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5Bedrooms
2Bathrooms
0Parking
1500-2000Sq ft

About this home

In short

  • Explore the possibilities in South Parkdale with this charming three-story semi, featuring a solid brick façade, excellent curb appeal and a deep 141-foot lot with a...
  • Additional highlights include a newer roof and windows, along with a basement offering good ceiling height and a separate entrance.
  • An exciting opportunity to update and personalize a spacious home in an established Toronto neighbourhood, close to the waterfront, parks, schools, transit and local...

Explore the possibilities in South Parkdale with this charming three-story semi, featuring a solid brick façade, excellent curb appeal and a deep 141-foot lot with a spacious, beautifully landscaped backyard. Currently arranged as two self-contained units with separate entrances, the property offers flexibility for multigenerational living, rental income or the potential to reimagine it as a grand single-family home. The main floor suite features one bedroom, a living room, a kitchen and a walkout to the backyard. The upper suite spans the second and third floors, offering three bedrooms, a living room, its own kitchen and CN Tower views from both levels. Generous room dimensions, wide hallways and staircases, and two interior staircases add to the home's distinctive appeal. Additional highlights include a newer roof and windows, along with a basement offering good ceiling height and a separate entrance. An exciting opportunity to update and personalize a spacious home in an established Toronto neighbourhood, close to the waterfront, parks, schools, transit and local shops.

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
W14029124
Bedrooms
5
Bathrooms
2
Size
1500-2000 sq ft
Lot
18 × 141 ft
Cross streets
Queen St West & Lansdowne Ave
Parking
0 parking
Driveway
None
Basement
Unfinished
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Stone
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$6,584 / 2026
Days on market
7
Listing brokerage
Royal LePage Real Estate Associates
Our TakeTeam Asgarian · Broker
Below what recent sales support
$973Kautomated estimate, from recent sales

Listed at $899,000, about 8% below our estimate of $973K (homes like it typically land between $912K and $1.02M).

List price
$899KBelow our range$1.02MAbove our range

Total price vs nearby homes. Fair value about $973K, learned from recent GTA sales.

The market behind the math:

7days on market so far
$3,174/moest. rent · 15 leases
4.2%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $514/sqft against an area asking average of $944/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.28M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Parkdale Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

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

Based on 5 comparable homes that sold in South Parkdale over the past two years, from 16 closings there.

What sellers nearby are askingCurrently listed nearby in South Parkdale · asking prices
$1.45Mavg 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 $973K, which is where my estimate comes from.

Per square foot, these ask about $911/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
899kThis home1000k1.85M1.29M1.50M1.60MThis 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

South Parkdale, 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.

Trinity-Bellwoods
$1.54M
University
$1.75M
Dovercourt-Wallace Emerson-Junction
$1.20M
Annex
$1.12M
Wychwood
$1.07M

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 Collegiate Institute
74%
Parkdale Collegiate InstitutePublic · Secondary · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Dr Rita Cox - Kina Minagok Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.1 km · 56% at standard
Parkdale Junior and Senior Public School · Public elementary0.6 km · 51% 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 Ambrose Catholic School · Catholic elementary1.1 km · 85% at standard
City View Alternative Senior School · Public elementary1.2 km
Shirley Street Junior Public School · Public elementary1.2 km · 70% at standard
Fern Avenue Junior and Senior Public School · Public elementary1.2 km · 75% at standard
Garden Avenue Junior Public School · Public elementary1.3 km · 91% at standard
St Vincent de Paul Catholic School · Catholic elementary1.4 km · 83% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.4 km
St Helen Catholic School · Catholic elementary1.6 km · 74% at standard

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

Affordability & Mortgage

Affordability
$4,097/mo
$178KIncome needed
5.1×Price ÷ income
$946Weekly cost
$28,910Land 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.

88%mortgage
Mortgage $4,097Property tax $549Total carry $4,646

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,525Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$549
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,525

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

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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 15 whole-home leases in South Parkdale$3,174/mo
$38,088Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,977 to $3,416Typical 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 15 whole-home leases in South Parkdale signed at a median of $2,055 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,174. 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.

4.2%
Gross yield
− Property tax $6,584− Insurance $1,400− Vacancy & upkeep $4,190Net operating income $25,915

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

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