Homula Realty Brokerage
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55 Picaro Drive, Toronto, ON M3N 2B6

3+1 beds · 2 baths · 2 kitchens · 6 rooms · 3 parking spaces · 1100-1500 sq ft · Semi-Detached
$929,000
Property tax
$3,530 / year

Welcome to 55 Picaro Drive, a beautifully maintained home in the sought-after Glenfield-Jane Heights community. This meticulously cared-for semi-detached bungalow is situated on a large 30 x 130 ft. lot, offering exceptional pride of ownership, comfort, and value throughout. The bright and spacious main floor features 3 spacious bedrooms and 1 - 4 pc bathroom, along with a large living and dining area, newly installed engineered hardwood flooring, new interior doors, fresh paint throughout, and an updated kitchen with ceramic flooring and backsplash.A separate entrance leads to the finished basement, providing excellent potential for multi-generational living, an in-law suite, or possible income potential. The lower level includes a second kitchen, a 3-piece bathroom, and a spacious open-concept recreation room with a cozy gas fireplace. The home has been impeccably maintained both inside and out and is truly move-in ready for its next owners.Conveniently located steps to the new Finch West LRT, and close to schools, parks, shopping, restaurants, hospitals, public transit, York University, and Highways 400 and 401, this property offers unmatched everyday convenience in a highly connected neighbourhood. A turnkey opportunity offering comfort, location, and income potential. A must-see!

MLS number
W13246626
Type
Semi-Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
M3N 2B6
Photos
44
99days · 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

No previous listings found for this address.

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

Firgrove Public School5.5 / 10
Elementary · Regular Track
TDSB boundary
Oakdale Park Middle School5.5 / 10
Intermediate · Regular Track
TDSB boundary
Westview Centennial Secondary School4.0 / 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
St Francis de Sales Catholic School
Toronto CDSB
Elementary145 m3.8 / 10
38% met the standard
Msgr Fraser College (Norfinch Campus)
Toronto CDSB
Secondary635 mNot reported
Yorkwoods Public School
Toronto DSB
Elementary695 m1.6 / 10
16% met the standard · 3 of 6 measures
St Charles Garnier Catholic School
Toronto CDSB
Elementary890 m6.3 / 10
63% 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

Semi-Detached houses in Glenfield-Jane Heights143 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$823k$888k$953k20252026this home’s asking price
$843klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%99%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d33d20252026
17dlatest 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 semi-detached houses in glenfield-jane heights. 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 834 people.

$90,000Median household income
90%Own their home
0%Detached houses
50Median age
62.3%Born outside Canada
7.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204107 — the few blocks around this address, home to 834 people. It describes the area, not this property.

834Population
50Average age
3.6Household size
$105,000Average household income
$90,000Median household income
90%Own their home
10%Rent
0%Condominiums
62%Born outside Canada
7%University degree
$810,000Average home value
9%Low income
67%Not in the labour force
28%Never married
$20,000 to $24,9992%
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9998%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over32%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,99911%
$200,000 and over6%

Percentages are of the 265 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.

$185,800 · minimum here is $67,900
$4,113.41per month
Borrowed before insurance$743,200
Total borrowed$743,200
Interest over 25 years at 4.5%$490,823

If you rented it out

-$4,407.58per month out of pocket
Rent$0.00
Everything it costs to hold$4,407.58
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 — 3 still in progress.

1911 FINCH AVE W265 m
Under Review · applied August 4, 2023

Site Plan Control Application to facilitate Phase 1 of the proposed redevelopment of the Jane Finch Mall. Phase 1 incorporates the lands fronting on Finch Avenue West. Six new buildings are proposed, with tower heights ranging from from 50 to 27 storeys.…

City planning file →
1 YORK GATE BLVD226 m
OMB Approved · applied March 21, 2022

The application proposes one new tower 27-storeys in height, with a total of 305 residential units. The tower is located in the western portion of a site that is already developed with an existing shopping plaza and surface parking lot.…

City planning file →
1 YORK GATE BLVD226 m
OMB Approved · applied February 23, 2022

Construction of a 22-storey purpose-built rental residential apartment building in the northwest portion of the property.

City planning file →
1911 FINCH AVE W265 m
Closed · applied December 22, 2023

The stand-alone Official Plan Amendment proposes to establish a site and area specific policy (SASP) in order to facilitate the long-term, multi-phased redevelopment of the Jane Finch Mall.

City planning file →
1911 FINCH AVE W265 m
Closed · applied August 4, 2023

The Zoning By-law Amendment proposes the development of Phase 1, incorporating the lands fronting on Finch Avenue West. Six new buildings are proposed, with tower heights ranging from 50 to 27 storeys.…

City planning file →
2050 FINCH AVE W183 m
Closed · applied December 19, 2018

Maintenance and Storage Facility for the Finch West LRT

City planning file →
1911 FINCH AVE W265 m
Closed · applied January 21, 2013

Renovation of an existing shopping centre and a building addition into southwest section of existing parking lot to permit a new supermarket , resulting in an overall increase in gross floor area of 1,950 m2.…

3829-3983 JANE ST269 m
Closed · applied January 21, 2013

Renovation of an existing shopping centre and a building addition into southwest section of existing parking lot to permit a new supermarket , resulting in an overall increase in gross floor area of 1,950 m2.

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 REALTY EXECUTIVES PRIORITY ONE LIMITED. Listing data provided by the Toronto Regional Real Estate Board.