34 Elora Road, Toronto, ON

High Park North, Toronto · MLS® W14095066

$1,499,000
For Sale
Just listed todayNo offer date stated
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4+1Bedrooms
2Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Rarely offered, this detached four-bedroom home pairs timeless character with exceptional potential in a special High Park neighbourhood.
  • Set on a quiet and family-friendly street, 34 Elora retains its classic period woodwork, French doors and a handsome fireplace that anchors the living room.
  • Garage parking adds convenience, and the location is hard to beat: within the top-rated Runnymede PS and Humberside CI school catchments, and an easy walk to the...

Rarely offered, this detached four-bedroom home pairs timeless character with exceptional potential in a special High Park neighbourhood. Set on a quiet and family-friendly street, 34 Elora retains its classic period woodwork, French doors and a handsome fireplace that anchors the living room. Spacious principal rooms offer plenty of room to gather, while four well-proportioned bedrooms share a five-piece second-floor bath. A second bathroom and walk-out access on the lower level offer excellent potential for a nanny or in-law suite.The kitchen and bathrooms are ready for your personal touch, presenting an opportunity to create a home that reflects your own style while preserving its original charm. Garage parking adds convenience, and the location is hard to beat: within the top-rated Runnymede PS and Humberside CI school catchments, and an easy walk to the subway, High Park and the shops, cafés, restaurants and services of Bloor West Village.With its sought-after High Park location, distinctive original character and room to make it your own, this home has all the makings of a beautiful forever home.

Key facts

Property type
Detached, 2-Storey
MLS®
W14095066
Bedrooms
4+1 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
30.83 × 95 ft
Cross streets
Bloor & Clendenan
Parking
1 garage · 2 parking (detached)
Driveway
Mutual
Basement
Finished
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,095 / 2026
Listing brokerage
BABIAK TEAM REAL ESTATE BROKERAGE LTD.

Rooms

Primary BedroomSecond4.37 × 3.45 m

window · closet · hardwood floor

Bedroom 4Second4.12 × 2.74 m

window · closet · hardwood floor

Dining RoomMain4.06 × 3.89 m

french doors · b/i bookcase · crown moulding

Bedroom 2Second3.45 × 2.92 m

window · closet · hardwood floor

Bedroom 3Second3.43 × 2.85 m

window · closet · hardwood floor

Living RoomMain5.72 × 3.89 m

bay window · fireplace · wall sconce lighting

Bedroom 5Lower3.23 × 2.85 m

3 pc ensuite · above grade window · closet

LaundryLower3.23 × 2.85 m

double sink · above grade window · tile floor

KitchenMain4.19 × 2.36 m

w/o to yard · glass doors · tile floor

RecreationLower5.18 × 3.23 m

above grade window · track lighting · tile ceiling

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.49Mlikely sale price

Listed at $1,499,000. Going by how homes in High Park North and the wider GTA have actually closed against their asking prices (about 99%, 13 local closings in 90 days), the likely sale price is near $1.49M, if it sells. A realistic range is $1.40M to $1.68M.

Independent value check: $1.68M. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $1.57M and $1.76M).

Why $1.68M. The typical detached home sold in High Park North over the past year went for about $1.82M (39 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightlyIts lot is 31 by 95 ft; the typical lot sold here is 30 by 120.
List price
$1.40MBelow recent closings$1.68MAbove recent closings

Total price vs nearby homes. Likely closing about $1.49M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$1.72Mmedian sold price
102%of asking, on average
−2%prices vs a year ago
~8 dayshomes like this take to sell
$5,869/moest. rent · 6 leases
4.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 6 detached homes for sale in the area against 13 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 $1,153/sqft against an area asking average of $957/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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.68M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Runnymede Junior and Senior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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

Below comparable homes on total price, yet the price per square foot ($1,153/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in High Park North, so I widened the search to the surrounding area.

Based on 13 comparable homes that sold in High Park North over the past two years, from 82 closings there.

What sellers nearby are askingCurrently listed nearby in High Park North · asking prices
$1.61Mavg asking

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 $1.68M, which is where my estimate comes from.

Per square foot, these ask about $1,023/sqft; this home lists at $1,153/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home1.43M1.60M1.79MThis 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

High Park North, 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
Dovercourt-Wallace Emerson-Junction
$1.25M
Islington-City Centre West
$1.54M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Runnymede Junior and Senior Public School
92%
Runnymede Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayAmong the top in the GTA · 92% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
The Student School · Public secondary0.3 km
Ursula Franklin Academy · Public secondary0.3 km · 92% at standard
Western Technical & Commercial School · Public secondary0.3 km · 68% at standard
Annette Street Junior and Senior Public School · Public elementary0.8 km · 81% at standard
High Park Alternative School Junior · Public elementary0.8 km · 82% at standard
Keele Street Public School · Public elementary1.0 km · 82% at standard
Mountview Alternative School School · Public elementary1.0 km · 83% at standard
St Pius X Catholic School · Catholic elementary1.0 km · 82% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.3 km · 78% at standard
James Culnan Catholic School · Catholic elementary1.3 km · 64% at standard
Indian Road Crescent Junior Public School · Public elementary1.4 km · 88% at standard
King George Junior Public School · Public elementary1.5 km · 91% at standard

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

Affordability & Mortgage

Affordability
$6,832/mo
$285KIncome needed
5.3×Price ÷ income
$1,577Weekly cost
$52,910Land 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.

91%mortgage
Mortgage $6,832Property tax $675Total carry $7,507

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)
$6,631per month

Mortgage amount $1,199,200 · 4.49% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,305Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,631
Property tax
$675
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,305

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

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,025/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

$789,975Total interest paid
$1,989,175Total of all payments
Principal $1,199,200 Interest $789,975
YearPrincipalInterestBalance
1$26,761$52,806$1,172,439
2$27,976$51,591$1,144,463
3$29,246$50,321$1,115,217
4$30,574$48,993$1,084,642
5$31,962$47,605$1,052,680
6$33,414$46,153$1,019,266
7$34,931$44,636$984,336
8$36,517$43,050$947,819
9$38,175$41,392$909,644
10$39,908$39,659$869,736
11$41,720$37,847$828,016
12$43,614$35,953$784,402
13$45,595$33,972$738,807
14$47,665$31,902$691,142
15$49,829$29,738$641,314
16$52,091$27,476$589,222
17$54,456$25,111$534,766
18$56,929$22,638$477,837
19$59,514$20,053$418,323
20$62,216$17,351$356,107
21$65,041$14,526$291,066
22$67,994$11,573$223,072
23$71,081$8,486$151,991
24$74,309$5,258$77,682
25$77,682$1,885$0

At the end of your 5-year term

Total paid over the term
$397,835
Principal paid down
$146,520
Interest paid
$251,315
Balance remaining
$1,052,680

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 6 whole-home leases in High Park North$5,869/mo
$70,428Gross annual rent
3.5%Cap rate after taxes and upkeep
$4,637 to $6,368Typical rent range
~26 daysTo find a tenant, on average

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 6 whole-home leases in High Park North signed at a median of $5,744 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,869. 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.

4.7%
Gross yield
− Property tax $8,095− Insurance $1,400− Vacancy & upkeep $7,747Net operating income $53,186

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

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