5 Paramount Court, Toronto W04

Price: $999,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13426070

5 Paramount Court is a three-bedroom, two-bathroom bungalow lovingly cared for by the same family for 40 years. Set on a premium pie-shaped lot of approximately 70 by 150 feet on a quiet North York court, this 1,400 square foot home offers the kind of space, warmth, and character that is genuinely hard to find in the city today. The main floor welcomes you with a large living and dining room filled with natural light from a beautiful picture window, three good-sized bedrooms, and a covered veranda that is perfect for morning coffee or an evening unwind. The kitchen offers a practical layout with room to make it your own. The basement is where this home truly separates itself. With a separate entrance, a second full kitchen, a long cold room/cantina, and space to add a bedroom and a rec room, the lower level offers real flexibility. Whether you are housing extended family, setting up an in-law suite, or generating rental income to offset carrying costs, the bones are already there. Outside, a mature lot dressed with fruit trees and grape vines gives the property a rare sense of calm and privacy for a Toronto address. A double garage and long driveway provide ample parking for the whole household. All of this sits steps from Amesbury Park and Community Centre, Cataldi Market, North Park Plaza, and the Toronto Public Library, with multiple schools within walking distance for families with children. Commuters have quick access to the Keelesdale LRT station, Highway 401, Highway 400 and Black Creek Drive, and the UP Express for downtown and airport connections. A neighbourhood families rarely leave. This is your chance to make it yours.

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active
New Listing
1/50

$999,900 - 5 Paramount Court, York

Detached for Sale in York

New — Listed yesterday
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13426070
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
York / Weston
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

5 Paramount Court is a three-bedroom, two-bathroom bungalow lovingly cared for by the same family for 40 years. Set on a premium pie-shaped lot of approximately 70 by 150 feet on a quiet North York court, this 1,400 square foot home offers the kind of space, warmth, and character that is genuinely hard to find in the city today. The main floor welcomes you with a large living and dining room filled with natural light from a beautiful picture window, three good-sized bedrooms, and a covered veranda that is perfect for morning coffee or an evening unwind. The kitchen offers a practical layout with room to make it your own. The basement is where this home truly separates itself. With a separate entrance, a second full kitchen, a long cold room/cantina, and space to add a bedroom and a rec room, the lower level offers real flexibility. Whether you are housing extended family, setting up an in-law suite, or generating rental income to offset carrying costs, the bones are already there. Outside, a mature lot dressed with fruit trees and grape vines gives the property a rare sense of calm and privacy for a Toronto address. A double garage and long driveway provide ample parking for the whole household. All of this sits steps from Amesbury Park and Community Centre, Cataldi Market, North Park Plaza, and the Toronto Public Library, with multiple schools within walking distance for families with children. Commuters have quick access to the Keelesdale LRT station, Highway 401, Highway 400 and Black Creek Drive, and the UP Express for downtown and airport connections. A neighbourhood families rarely leave. This is your chance to make it yours.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

$
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5%10%50%

5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: York / Weston

Discover York / Weston

York / Weston is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in York / Weston

  • Convenient location in York / Weston
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

York / Weston offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

5 Paramount Court, York / Weston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $909/sqft, this property is priced in line with current York market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In York's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in York are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to York. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    5 Paramount Court, York / Weston — $999,900 | Battaglia Team