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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 3 days ago

    490 Summerhill Avenue

    Rosedale-Moore Park·Toronto, ON·M4W 2E5·Near Summerhill Ave and Glen Rd

    • 7 beds
    Toronto real estate›C13446044
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Exceptional investment opportunity in prestigious North Rosedale. Situated on coveted Summerhill Avenue, this impressive three-storey property offers incredible flexibility for investors, multi-generational families, or homeowners seeking supplemental rental income. The home features two spacious self-contained apartments plus a charming one-bedroom loft suite with a private balcony, creating multiple living arrangements and income-generating possibilities. Live comfortably in one unit while offsetting expenses with rental income from the others, or capitalize on the property's full investment potential. Set on a desirable lot, the property also includes a detached two-car garage with exciting potential for a future laneway house (subject to applicable approvals), offering an opportunity to further enhance value and income potential. Ideally located just steps from the natural beauty of Chorley Park, the conveniences of Summerhill Market, and some of Toronto's most sought-after amenities, this prime North Rosedale address combines urban convenience with the charm and prestige of one of the city's most distinguished neighbourhoods. A rare opportunity to own a versatile property in an exceptional location with outstanding lifestyle and investment appeal. Garden Suite report available.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 15, 2026ListedCurrentFor sale$2,195,000 —C13446044This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Water
      Air conditioning
      Window Unit(s)
      Fireplaces
      3
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 490 Summerhill Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $10,783
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,059
    0.58% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,094,550
      Last 30 days
    • Median sold price
      $861,206
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,751
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 490 Summerhill Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 490 Summerhill Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 490 Summerhill Avenue listed for?

      490 Summerhill Avenue is listed at $2,195,000 on the MLS® (listing C13446044). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 490 Summerhill Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 3500-5000 sqft
  3. Detached
  4. Asking
    $2,195,000
    $0 / sqft · MLS® C13446044
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,882,626
    $1,732,016Confidence range$2,033,236
    Asking vs estimate
    ↑↑well-above
    +$312,374
    (+16.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 7 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 3 days.

    Avg sold price
    $1,094,550
    Median sold
    $861,206
    Avg days on market
    28
    Recently sold
    6751
    See comparable sales
    • Exceptional investment opportunity in prestigious North Rosedale.
    • The home features two spacious self-contained apartments plus a charming one-bedroom loft suite with a private balcony, creating multiple living arrangements and income-generating possibilities.
    • Garden Suite report available.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  6. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    2
  7. Interior

    5
    Basement
    Unfinished
    Family room
    N
    Kitchens
    3
    Total rooms
    14
    Elevator
    N
  8. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Unknown
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    TBD
    Property style
    3-Storey
    Property class
    Detached
  10. Room-by-room · 8 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    8 rooms
    • Living Room
      hardwood floor · fireplace · bay window
      15.1 × 19.7 ft
    • Kitchen
      hardwood floor · west view · window
      9.2 × 12.5 ft
    • Bedroom 3
      hardwood floor · window
      9.2 × 12.5 ft
    • Bedroom
      hardwood floor · window
      13.3 × 9.8 ft
    • Dining Room
      hardwood floor · west view · window
      15.6 × 12.5 ft
    • Bedroom 2
      hardwood floor · window
      13.7 × 9.8 ft
    • Foyer
      Hardwood Floor
      4.4 × 8.3 ft
    • Office
      hardwood floor · large window
      9.6 × 9.8 ft
    Combined estimate
    $11,842
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $10,783
    /mo
    based on the purchase price of $2,195,000
    $439,000 cash
    $1,756,000 financed
    $1,479,013 total interest
    Monthly payment$10,783/ month
    Principal54%$1,756,000
    Interest46%$1,479,013

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 34 Lingarde Drive
      Sold
      Sign in for price
      34 Lingarde Drive
      Detached
    • 579 Indian Road
      Sold
      Sign in for price
      579 Indian Road
      Detached
    • 37 Albacore Crescent
      Sold
      Sign in for price
      37 Albacore Crescent
      Detached
    • 20 Glasgow Avenue
      Sold
      Sign in for price
      20 Glasgow Avenue
      Detached
    • 14 Hazel Avenue
      Sold
      Sign in for price
      14 Hazel Avenue
      Detached
    • 229 Bellwoods Avenue
      Sold
      Sign in for price
      229 Bellwoods Avenue
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    490 Summerhill AvenueThis home7 / 335,005,000$2,195,000ask———
    34 Lingarde Drive7 / 32,000—
    579 Indian Road8 / 53,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Toronto

    Active listings within ±20% of this asking price.

    • 26 Grangemill Crescent
      $2,148,888
      26 Grangemill Crescent
      Detached 6 3
    • 42 Foxbar Road
      $1,950,000
      42 Foxbar Road
      Detached 6 3
    • 134 Millicent Street
      $2,500,000
      134 Millicent Street
      Detached 6 8
    • 2652 Victoria Park Avenue
      $2,488,000
      2652 Victoria Park Avenue
      Detached 8 16
    • 149 Finch Avenue
      $2,090,000
      149 Finch Avenue
      Detached 6 3
    • 29 Leacock Crescent
      $1,998,000
      29 Leacock Crescent
      Detached 6 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED · displayed on Summitly per MLS® data-share rules

    490 Summerhill Avenue is a 7-bedroom, 3-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 490 Summerhill Avenue built?

    The year built for 490 Summerhill Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 490 Summerhill Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 490 Summerhill Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 490 Summerhill Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,195,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 490 Summerhill Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 490 Summerhill Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 490 Summerhill Avenue in?

    490 Summerhill Avenue is in Rosedale-Moore Park, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  20. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 37 Albacore Crescent
    6 / 2
    1,100
    —
    20 Glasgow Avenue7 / 31,500—
    14 Hazel Avenue6 / 32,500—
    229 Bellwoods Avenue6 / 62,500—