85 Floral Parkway, Toronto, ON
Maple Leaf, Toronto · MLS® W14110988
About This Home
In short
- Welcome To 85 Floral Parkway.
- Updated Detached Bungalow On A 40 X 120 Ft Lot In Sought-After Maple Leaf, Complete With A Separate-Entrance 2-Bedroom Basement Apartment.
- Renovated Bathroom (2024).
- Lower Level Fully Renovated In 2025 With Its Own Kitchen, Living Room, 2 Bedrooms, 3-Pc Bath, Laundry And Separate Side Entrance - Perfect For Rental Income To Help...
- Steps To TTC, Humber River Hospital, Schools, Parks And Places Of Worship, With Quick Access To Hwy 401/400, Yorkdale Mall And Downtown.
Read the full description
Welcome To 85 Floral Parkway! Updated Detached Bungalow On A 40 X 120 Ft Lot In Sought-After Maple Leaf, Complete With A Separate-Entrance 2-Bedroom Basement Apartment! Bright Main Floor Offers 3 Generous Bedrooms, A Sun-Filled Living Room, Fresh Paint And A Crisp White Kitchen With New Stove & Oven (2024). Renovated Bathroom (2024). The Big-Ticket Items Are Done: Triple-Pane Windows (2025), Furnace & Central Air (2024), Owned Hot Water Tank (2024) - No Rentals - And New Eavestroughs (2026). Lower Level Fully Renovated In 2025 With Its Own Kitchen, Living Room, 2 Bedrooms, 3-Pc Bath, Laundry And Separate Side Entrance - Perfect For Rental Income To Help Carry The Mortgage, Or For Extended Family. Long Private Driveway, Deep Backyard And Refreshed Curb Appeal. Move-In Ready For First-Time Buyers, Investors And Downsizers Alike. Steps To TTC, Humber River Hospital, Schools, Parks And Places Of Worship, With Quick Access To Hwy 401/400, Yorkdale Mall And Downtown. Don't Miss It! Some Basement Photos Are Virtually Staged.
Key Facts
- Property type
- Detached, Bungalow
- MLS®
- W14110988
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 40.05 × 120.16 ft
- Cross streets
- Keele St & Floral Pkwy
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Apartment, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,351 / 2026
- Days on market
- 6
- Listing brokerage
- RIGHT AT HOME REALTY
Our Take
Team Asgarian · BrokerListed at $999,999. Going by how homes in Maple Leaf and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $973K, if it sells. A realistic range is $912K to $1.10M.
Independent value check: $941K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $881K and $986K).
Why $941K. The typical detached home sold in Maple Leaf over the past year went for about $1.10M (39 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,351 a year; the typical home sold here pays about $5,300.
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIts lot is 40 by 120 ft; the typical lot sold here is 50 by 140.
Total price vs nearby homes. Likely closing about $973K, from 11 recent closings in this pocket.
The market behind the math:
About 2.2 months of inventory: 8 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,111/sqft against an area asking average of $899/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Maple Leaf: 14 of the 45 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Weston Collegiate Institute. 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 11 comparable homes that sold in Maple Leaf over the past two years, from 75 closings there.
What sellers nearby are asking
For sale in Maple Leaf now · asking prices
Every home like this one for sale in Maple Leaf right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $870/sqft; this home lists at $1,111/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 15 for sale in Maple Leaf.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,409 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 742 |
| November 2025 | $1.21M | 601 |
| December 2025 | $1.14M | 385 |
| January 2026 | $1.20M | 287 |
| February 2026 | $1.21M | 459 |
| March 2026 | $1.33M | 584 |
| April 2026 | $1.30M | 784 |
| May 2026 | $1.30M | 868 |
| June 2026 | $1.25M | 778 |
| July 2026 | $1.17M | 687 |
| August 2026 | $1.19M | 553 |
| September 2026 | $1.20M | 681 |
Thinking of selling near Maple Leaf?
You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.
Neighbourhood & location
Maple Leaf, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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 & catchment
Assigned attendance-boundary schools, with EQAO resultsThe 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Questions About 85 Floral Parkway
What is the asking price for 85 Floral Parkway?
It is listed at $999,999.
How many bedrooms and bathrooms does 85 Floral Parkway have?
3+2 bedrooms, and 2 bathrooms.
How big is 85 Floral Parkway?
The listing gives 700-1100 sq ft of living space, on a 40.05 × 120.16 ft lot.
Does 85 Floral Parkway have parking?
4 parking spaces, no garage listed.
What are the property taxes on 85 Floral Parkway?
$4,351 a year, for 2026.
Is there an offer date for 85 Floral Parkway?
The listing does not state an offer date.
Which schools is 85 Floral Parkway zoned for?
By the school boards' attendance boundaries: Gracefield Public School, Amesbury Middle School, Weston Collegiate Institute and St. Fidelis. Boundaries change, so confirm with the board before relying on it.
When was 85 Floral Parkway listed?
It came on the market on October 23, 2026.
Who is the listing brokerage for 85 Floral Parkway?
RIGHT AT HOME REALTY. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.
Affordability & Mortgage
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.
Calculate and customize your mortgage
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 29, 2026); conventional rates run a little higher.
Mortgage amount $799,999 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,468
- Property tax
- $363
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,830
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Toronto municipal land transfer tax
- $16,475
- Estimated closing costs
- $32,950
Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $268,074
- Principal paid down
- $96,586
- Interest paid
- $171,487
- Balance remaining
- $703,413
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.