62 Elm Grove Avenue, Toronto, ON

South Parkdale, Toronto · MLS® W14029986

$1,375,000
For Sale
Listed 5 days agoNo offer date stated
3+1Bedrooms
3Bathrooms
2Parking
1100-1500Sq ft

About this home

In short

  • Renovated from the studs, this exceptional Queen West Victorian blends restored, timeless character with modern design and function.
  • This almost 2,000 sqft, 3 bedroom, 3 bathroom home features a spacious, open plan living and dining space, soaring 10-foot ceilings, white oak floors and a designer...
  • The bright, underpinned, finished, 8' tall basement with separate entrance adds good potential for a separate apartment and significant additional living space...

Renovated from the studs, this exceptional Queen West Victorian blends restored, timeless character with modern design and function. This almost 2,000 sqft, 3 bedroom, 3 bathroom home features a spacious, open plan living and dining space, soaring 10-foot ceilings, white oak floors and a designer kitchen with white oak cabinetry, a bar/coffee station, white quartz countertops and matching backsplash. Heated concrete floors and expansive window-wall sliders connects the main level to the sunny, west-facing backyard. The inviting front porch with restored brick and slate is an ideal place to sit back and relax and catch up with friends and neighbours. Upstairs, the east-facing primary bedroom offers two large closets and a sleek ensuite. The two additional bedrooms are a comfortable size and each include large windows and closets, the back room also features a walkout to a future west-facing balcony. The bright, underpinned, finished, 8' tall basement with separate entrance adds good potential for a separate apartment and significant additional living space, allowing for a large rec/living room, and a guest/office/workout or media room, and a spacious 3 piece bathroom all with heated exposed-concrete floors.

Key facts

Property type
Townhouse, 2-Storey
MLS®
W14029986
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
15.71 × 116 ft
Cross streets
Queen St. W. & Brock
Parking
2 parking
Driveway
Lane
Basement
Finished with Walk-Out
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick, Wood
Foundation
Brick
Roof
Shingles, Rolled
Sewer
Sewer
Property tax
$5,000 / 2025
Days on market
5
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Living RoomMain0.00 × 0.00 m

hardwood floor · overlooks frontyard · open concept

Primary BedroomSecond0.00 × 0.00 m

hardwood floor · 3 pc ensuite · his and hers closets

Living RoomBasement0.00 × 0.00 m

concrete floor · combined w/rec · heated floor

Dining RoomMain0.00 × 0.00 m

hardwood floor · large window · open concept

BedroomBasement0.00 × 0.00 m

concrete floor · large window · closet

BedroomSecond0.00 × 0.00 m

hardwood floor · walk-out · closet

RecreationBasement0.00 × 0.00 m

concrete floor · combined w/living · heated floor

BedroomSecond0.00 × 0.00 m

hardwood floor · pocket doors · closet

KitchenMain0.00 × 0.00 m

hardwood floor · modern kitchen · eat-in kitchen

Family RoomMain0.00 × 0.00 m

heated floor · glass doors · open concept

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

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

What sellers nearby are askingCurrently listed nearby · asking prices
$1.19Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market.

Per square foot, these ask about $916/sqft; this home lists at $1,058/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.38MThis home1.25M1.35M1.07M1.09MThis home vs active comparables

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.

Palmerston-Little Italy
$1.30M
Dovercourt-Wallace Emerson-Junction
$987K
Stonegate-Queensway
$1.43M
Cabbagetown-South St. James Town
$1.55M
Playter Estates-Danforth
$1.35M

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 · 0.4 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
Parkdale Junior and Senior Public School · Public elementary0.5 km · 51% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.5 km · 56% at standard
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary0.6 km · 73% at standard
The Grove Community School · Public elementary0.6 km
St Ambrose Catholic School · Catholic elementary0.8 km · 85% at standard
City View Alternative Senior School · Public elementary1.0 km
Shirley Street Junior Public School · Public elementary1.0 km · 70% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.0 km
Fern Avenue Junior and Senior Public School · Public elementary1.3 km · 75% at standard
Givins/Shaw Junior Public School · Public elementary1.3 km · 81% at standard
St Helen Catholic School · Catholic elementary1.3 km · 74% at standard
Garden Avenue Junior Public School · Public elementary1.4 km · 91% at standard

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

Affordability & Mortgage

Affordability
$6,267/mo
$254KIncome needed
5.4×Price ÷ income
$1,446Weekly cost
$47,950Land 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.

94%mortgage
Mortgage $6,267Property tax $417Total carry $6,683

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)
$6,082per month

Mortgage amount $1,100,000 · 4.49% over 25 years

$275,000Down payment (20.0%)
$1,100,000Loan before insurance
$0CMHC premium
$6,499Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,082
Property tax
$417
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,499

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

One-time closing costs

Ontario land transfer tax
$23,975
Toronto municipal land transfer tax
$23,975
Estimated closing costs
$47,950

Plus your down payment of $275,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,361/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

$724,627Total interest paid
$1,824,627Total of all payments
Principal $1,100,000 Interest $724,627
YearPrincipalInterestBalance
1$24,547$48,438$1,075,453
2$25,662$47,323$1,049,791
3$26,827$46,158$1,022,964
4$28,045$44,940$994,919
5$29,318$43,667$965,600
6$30,650$42,335$934,951
7$32,041$40,944$902,909
8$33,496$39,489$869,413
9$35,017$37,968$834,397
10$36,607$36,378$797,790
11$38,269$34,716$759,521
12$40,006$32,979$719,515
13$41,823$31,162$677,692
14$43,722$29,263$633,970
15$45,707$27,278$588,263
16$47,782$25,203$540,481
17$49,952$23,033$490,529
18$52,220$20,765$438,309
19$54,591$18,394$383,718
20$57,069$15,916$326,649
21$59,661$13,325$266,989
22$62,369$10,616$204,619
23$65,201$7,784$139,418
24$68,162$4,823$71,256
25$71,256$1,729$0

At the end of your 5-year term

Total paid over the term
$364,925
Principal paid down
$134,400
Interest paid
$230,526
Balance remaining
$965,600

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$2,300/mo
$27,600Gross annual rent
1.3%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.

2.0%
Gross yield
− Property tax $5,000− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,164

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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