Nestled on the highly sought-after Hounslow Avenue, south of Finch, in a desirable neighbourhood surrounded by impressive newer custom-built residences, this charming detached bungalow presents an exceptional opportunity for homeowners, investors, and those looking to create their dream home in a prime North York location.The main level offers a warm and inviting atmosphere with timeless character, featuring three generously proportioned bedrooms and comfortable living spaces ready to be enjoyed as is or thoughtfully reimagined to suit modern tastes.A standout feature is the newly finished lower level, thoughtfully designed with two bedrooms, a modern bathroom, a kitchen, and a spacious open-concept living and dining area, offering remarkable flexibility for extended family or multigenerational living.Situated in an established neighbourhood experiencing an exciting transformation with luxurious custom homes, this property offers tremendous potential for future enhancement. Conveniently located within close proximity to TTC transit, major transportation routes, shopping, schools, parks, and everyday amenities.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $1,271 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 487 Hounslow Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
487 Hounslow Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13880104$1,398,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 487 Hounslow Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,868
/mo
based on the purchase price of $1,398,000
$279,600 cash
$1,118,400 financed
$941,986 total interest
Principal54%$1,118,400
Interest46%$941,986
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $1.4M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4969.5%On average, homes sold at or above asking.
Active listings12,671Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 9,547 sales from Jul 12 – Oct 10, 2026 (6,503 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
487 Hounslow Ave is listed at $1,398,000 (MLS® C13880104). Summitly updates the price as soon as the MLS® record changes.
Is $1,398,000 a good price for 487 Hounslow Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 487 Hounslow Ave changed?
No — 487 Hounslow Ave is still listed at its original asking price of $1,398,000.
How many bedrooms and bathrooms does 487 Hounslow Ave have?
487 Hounslow Ave has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Toronto.
Is 487 Hounslow Ave close to transit?
The nearest rapid-transit station is North York Centre Station (Line 1), about 2.1 km in a straight line. Finch Station is about 2.3 km, and Sheppard-Yonge Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 487 Hounslow Ave?
About $6,868 a month — principal and interest on $1,398,000 with 20% down ($279,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 487 Hounslow Ave compare with other homes in Toronto?
Its asking price of $1,398,000 is about 64% above the median sold price in Toronto over the last 90 days, $850,000, across 9,547 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 487 Hounslow Ave been sold before?
Summitly has no earlier MLS® sale or lease of 487 Hounslow Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 487 Hounslow Ave?
487 Hounslow Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 487 Hounslow Ave been on the market?
1 day — 487 Hounslow Ave was listed on October 9, 2026.
What is the price per square foot of 487 Hounslow Ave?
About $932 to $1,271 per square foot: the asking price of $1,398,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 487 Hounslow Ave have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
