229 McRoberts Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W14032900

$899,000
For Sale
Listed 2 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Parking
1100-1500Sq ft

About this home

In short

  • This beautifully renovated home features a designer-inspired transformation completed in 2016.
  • The open-concept main floor offers a spacious living and dining area, a large modern kitchen, and a convenient powder room.
  • Enjoy peace of mind with newer windows, doors, furnace and roof, sump pump and 200-amp electrical service.
  • The finished basement, complete with a private separate entrance and separate laundry, offers excellent in-law suite or rental income potential, or can easily be...
  • Ideally located just steps to top-rated schools, parks, a recreation centre, TTC, and the Eglinton LRT.

Welcome to this bright Semi-Detached Home in Desirable, Family-Friendly Corso Italia/Caledonia Neighborhood! This beautifully renovated home features a designer-inspired transformation completed in 2016. The open-concept main floor offers a spacious living and dining area, a large modern kitchen, and a convenient powder room. Enjoy peace of mind with newer windows, doors, furnace and roof, sump pump and 200-amp electrical service. The finished basement, complete with a private separate entrance and separate laundry, offers excellent in-law suite or rental income potential, or can easily be converted back to a single-family layout. Step outside to a fenced yard backing onto a mutual lane, with one parking space. Ideally located just steps to top-rated schools, parks, a recreation centre, TTC, and the Eglinton LRT. A fantastic opportunity for homeowners and investors alike - live in it, rent it, or enjoy the best of both worlds!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W14032900
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
18 × 122 ft
Cross streets
Rogers & Caledonia
Parking
1 parking
Driveway
Lane
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,305 / 2026
Days on market
2
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenBasement5.22 × 3.67 m

open concept · laminate

Bedroom 3Second3.48 × 2.97 m

window · broadloom · closet

Primary BedroomSecond8.31 × 5.64 m

window · broadloom · double closet

Great RoomBasement5.22 × 3.67 m

open concept · laminate · 3 pc bath

Bedroom 2Second2.62 × 3.18 m

window · broadloom · closet

BathroomBasement2.48 × 1.44 m

3 Pc Bath

Living RoomMain8.84 × 4.24 m

combined w/dining · laminate · 2 pc bath

BedroomBasement3.67 × 3.32 m

open concept · laminate · closet

Dining RoomMain8.84 × 4.24 m

combined w/living · laminate · open concept

KitchenMain4.24 × 4.24 m

breakfast bar · laminate · walk-out

BathroomSecond2.63 × 1.61 m

3 Pc Bath

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$898Klikely sale price

Listed at $899,000. Going by how homes in Corso Italia-Davenport and the wider GTA have actually closed against their asking prices (about 100%, 21 local closings in 90 days), the likely sale price is near $898K, if it sells. A realistic range is $842K to $1.01M.

Independent value check: $995K. Without looking at the asking price, our model values the home itself about 11% above the ask (homes like it typically land between $932K and $1.04M).

Why $995K. The typical semi-detached home sold in Corso Italia-Davenport over the past year went for about $1.09M (61 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,305 a year; the typical home sold here pays about $4,700.
List price
$842KBelow recent closings$1.01MAbove recent closings

Total price vs nearby homes. Likely closing about $898K, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$1.05Mmedian sold price
102%of asking, on average
+1%prices vs a year ago
~9 dayshomes like this take to sell
2days on market so far
$3,586/moest. rent · 5 leases
4.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 5 semi-detached homes for sale in the area against 21 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 $692/sqft against an area asking average of $829/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 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $930K. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is F H Miller Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 8 homes sold on this street over the past two years, from 133 closings in Corso Italia-Davenport.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.14Mavg 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 $879/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
899kThis home1.05M1.20M999k1.32MThis 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

Corso Italia-Davenport, 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.

Wychwood
$1.18M
Dufferin Grove
$849K
Palmerston-Little Italy
$1.68M
Annex
$2.33M
Mount Pleasant East
$1.34M

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 F H Miller Junior Public School
78%
F H Miller Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
General Mercer Junior Public School · Public elementary0.7 km · 54% at standard
St Paul VI Catholic School · Catholic elementary0.8 km · 76% at standard
St John Bosco Catholic School · Catholic elementary0.9 km · 65% at standard
Stella Maris Catholic School · Catholic elementary0.9 km · 76% at standard
St Matthew Catholic School · Catholic elementary1.0 km · 63% at standard
Fairbank Memorial Community School · Public elementary1.1 km · 66% at standard
St Clare Catholic School · Catholic elementary1.2 km · 72% at standard
Silverthorn Community School · Public elementary1.3 km · 65% at standard
Rawlinson Community School · Public elementary1.3 km · 63% at standard
York Memorial Collegiate Institute · Public secondary1.5 km · 50% at standard
Regal Road Junior Public School · Public elementary1.5 km · 73% at standard
Fairbank Public School · Public elementary1.5 km · 59% at standard

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

Affordability & Mortgage

Affordability
$4,097/mo
$171KIncome needed
5.3×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.

92%mortgage
Mortgage $4,097Property tax $359Total carry $4,456

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 17, 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
$4,335Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$359
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,335

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 5 whole-home leases in Corso Italia-Davenport$3,586/mo
$43,032Gross annual rent
3.6%Cap rate after taxes and upkeep
$3,156 to $4,042Typical 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 5 whole-home leases in Corso Italia-Davenport signed at a median of $4,570 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,586. 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.

4.8%
Gross yield
− Property tax $4,305− Insurance $1,400− Vacancy & upkeep $4,734Net operating income $32,594

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

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