MLS® listing
1048 Royal York Road: detached house for sale
$1,800,000
From the listing brokerage
Welcome to 1048 Royal York Road, an exceptional 1.5-storey detached brick home situated on a prime corner lot in prestigious Kingsway South. Offering a total of 2,312 sq ft of living space (1,372 sq ft above grade + 940 sq ft finished lower level), this move-in ready residence provides generous room to grow on a 120 ft x 40 ft lot with mature trees and green space. The light-filled main level features maple hardwood floors, pot lights, and an open layout ideal for entertaining. Warm up by the cozy wood-burning fireplace in the living room, or work comfortably from the dedicated main-floor office. The eat-in kitchen includes granite countertops, high-end KitchenAid appliances, and a walk-out to the private, spacious backyard. Two newly finished, exceptionally spacious and deep closets-one conveniently located on the staircase and another in the primary bedroom-provide ample storage.Upstairs, discover two bright bedrooms with maple hardwood floors and a freshly renovated 4-piece bathroom. A main-floor 2-piece powder room has also been recently updated with a new vanity. The fully finished lower level expands your options with two additional bedrooms, a media/entertainment area, a recreation room with a dry bar, a 4-piece bath, a laundry room with Maytag washer and dryer, and a separate entrance-perfect for extended family or guest accommodations. Despite its prime location, the home offers a surprisingly quiet indoor atmosphere. Parking is effortless with an attached single garage and a double driveway accommodating three cars total. Unbeatable location just minutes from the vibrant shops, dining, and cafés of The Kingsway along Bloor Street West, top-tier schools, parks, libraries, and easy access to Royal York TTC Subway Station. Outstanding value in one of Toronto's most sought-after communities!
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | 1 1/2 Storey |
| Basement | Finished |
| Lot width | 120 |
| Lot depth | 40 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 3 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $8,220 |
| Tax year | 2026 |
| Interior features | Floor Drain, Storage |
| Features | Library, Park, Place Of Worship, Public Transit, School, Fenced Yard |
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® W13834866.
About this detached house
1048 Royal York Road is a 4 bedroom detached house in TRREB's Kingsway South community in Toronto, listed for sale at $1,800,000. The listing shows 3 bathrooms and 1100-1500 square feet. The style is given as 1 1/2 storey. The lot is listed as 120 by 40 feet. The listing gives the basement as finished. It comes with 3 parking spaces and an attached garage according to the listing. The nearest main intersection given is ROYAL YORK RD AND KINGSGROVE.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 1048 Royal York Road
At the asking price of $1,800,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,800,000 |
|---|---|
| Ontario land transfer tax | $32,475 |
| Toronto municipal land transfer tax | $32,475 |
| Both taxes | $64,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $360,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $8,220 a year, about $685 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,800,000, which is $630,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 120 by 40 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 1048 Royal York Road
How much is land transfer tax on 1048 Royal York Road?
At the asking price of $1,800,000 the Ontario tax is $32,475 and the Toronto tax is $32,475, $64,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1048 Royal York Road?
$360,000 at the asking price of $1,800,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 1048 Royal York Road?
The listing shows $8,220 a year for 2026, about $685 a month.
Is 1048 Royal York Road priced above or below the median?
It is listed at $1,800,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $630,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 1048 Royal York Road?
Use the form on this page or call us. Quote MLS® W13834866. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1048 Royal York Road still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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