Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

48 Cornelius Parkway, Toronto, ON M6L 2K4

4+1 beds · 5 baths · 1+1 kitchens · 10+6 rooms · 6 parking spaces · 3000-3500 sq ft · Laundry on the upper level level · Detached
$2,400,000
Property tax
$9,003 / year

Discover modern luxury in this custom-built smart home (2018) in Toronto's sought-after North Park community. Custom-built smart home (2018) in Toronto's sought-after North Park. Builder-owned, offering 4+1 bedrooms, 5 bathrooms, and parking for 6.Features a 16-ft open foyer with floating glass staircase, open-concept layout with Italian porcelain, engineered hardwood, and 10-9 ft ceilings. Gourmet kitchen with Wolf & Sub-Zero appliances and walkout to patio. Bright living area with fireplace and separate dining. Primary suite with 5-piece ensuite and walk-in closet. Finished basement includes a separate-entry 1-bedroom suite and all-season BBQ room with legal Parilla grill. Landscaped backyard with Hydro Pool swim spa. Upgraded construction throughout. Close to parks, schools, and transit.

MLS number
W13166444
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
5
Postal code
M6L 2K4
Photos
50
Laundry
Upper Level level
112days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Gracefield Public School2.9 / 10
Elementary · Regular Track
TDSB boundary
Amesbury Middle School4.2 / 10
Intermediate · Regular Track
TDSB boundary
Weston Collegiate Institute4.9 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
École élémentaire Mathieu-da-Costa
CS Viamonde
Elementary346 m9.4 / 10
94% met the standard
Metropolitan Bible Baptist Christian AcaElementary and secondary662 mNot reported
St Francis Xavier Catholic School
Toronto CDSB
Elementary744 m6.4 / 10
64% met the standard
St Fidelis Catholic School
Toronto CDSB
Elementary797 m6.6 / 10
66% met the standard
George Anderson Public School
Toronto DSB
Elementary1.1 km8.8 / 10
88% met the standard · 3 of 6 measures
Joyce Public School
Toronto DSB
Elementary1.0 km6.4 / 10
64% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Toronto W04515 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$947k$1.69M$2.43M20252026this home’s asking price
$1.06Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d13d26d20252026
19dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in toronto w04. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 455 people.

$122,000Median household income
88.2%Own their home
67.7%Detached houses
47.6Median age
49.5%Born outside Canada
26.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35202186 — the few blocks around this address, home to 455 people. It describes the area, not this property.

455Population
46.4Average age
2.9Household size
$135,000Average household income
$122,000Median household income
88%Own their home
12%Rent
0%Condominiums
50%Born outside Canada
26%University degree
$1,160,000Average home value
5%Low income
76%Not in the labour force
28%Never married
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9992%
$80,000 to $89,9994%
$100,000 and over39%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99912%
$200,000 and over10%

Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$480,000 · minimum here is $480,000
$10,626.68per month
Borrowed before insurance$1,920,000
Total borrowed$1,920,000
Interest over 25 years at 4.5%$1,268,004

If you rented it out

-$11,376.93per month out of pocket
Rent$0.00
Everything it costs to hold$11,376.93
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — none currently in progress.

2522 KEELE ST421 m
Closed · applied July 21, 2020

Draft Plan of Condominium application for the commercial component of a 8-storey mixed use building with 2 storey of underground parking.…

City planning file →
2522 KEELE ST421 m
Closed · applied March 7, 2017

Draft Plan of Condominium for the development of an 8-storey mixed use commercial retail/residential building with a total of 128 condominium units

City planning file →
2522 KEELE ST421 m
Closed · applied May 3, 2012

Proposed development of a 9-storey mixed use commercial retail/residential condominium

2522 KEELE ST421 m
Closed · applied May 3, 2012

Proposed amendments to the zoning by-law to permit the development of an 8-storey mixed use commercial retail/residential condominium with a total of 128 units.

7 CIRCLE RIDGE385 m
Closed · applied January 12, 2010

New 2 storey single family dwelling with an attached garage.

63 CORNELIUS PKWY199 m
Closed · applied May 14, 2009

Site Plan application to permit the construction of a new two-storey detached dwelling with an integral garage. The existing dwelling will be demolished. The property is Ravine By-law and TRCA regulated.

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX ULTIMATE ESTATES. Listing data provided by the Toronto Regional Real Estate Board.