58 Johnston Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C12821826

$2,789,000
For Sale
Listed 141 days ago
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4Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to this immaculate 4-bedroom custom-built home located in the high-demand Yonge & Sheppard area. Just minutes from Hwy 401, subway, public transit, and endless amenities. This stunning residence blends elegant design with functional living. From top to bottom, this home impresses with hardwood floors throughout, extensive upgrades, and thoughtful details. The main level, with a 5 burner Wolf stove, built -in panelled fridge and dishwasher, a 5.1 surround sound superior speaker system in family room, is ideal for entertaining, while the finished basement with a full second kitchen, and a 7.2 surround sound home theatre with 150" wall projection for a full silver screen experience, offers versatility for extended family or rental potential. Upstairs, enjoy the convenience of second-floor laundry and generously sized bedrooms. Step outside to your private backyard oasis, a true resort-style retreat. The fully landscaped yard features an inground pool and a custom-built cabana equipped with: Granite countertops, kitchen sink, built-in refrigerators and an LG TV. Outdoor shower, two-piece bathroom, Outdoor waterproof SunBrite TV, built-in sound system (two rock speakers + two cabana speakers), Five-burner gas BBQ, storage room, and elegant European-style lighting. Perimeter outdoor lighting that sets the perfect ambiance for day or night. New garage doors, inground sprinkler system, exceptional curb appeal, and every inch of this home shows pride of ownership. This is a rare opportunity to own a turn-key luxury home in one of North York's most coveted neighborhoods. Just move in and enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
C12821826
Bedrooms
4
Bathrooms
5 (1 half)
Size
2500-3000
Lot
43.42 × 130 ft
Cross streets
Yonge and Sheppard
Parking
2 garage · 6 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$12,031 / 2025
Days on market
141
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$2.70Mest. value

Listed at $2,789,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.57M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.40M
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $2.38M

That comparable adjusts to $2.38M; the $2.70M estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St. @ Florence Ave. is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.50MGreat deal$2.97MOverpriced

Total price vs nearby homes. Fair value about $2.70M, median of 11 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Lansing-Westgate · asking prices
$2.68Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

308 Ridley Boulevard$2.50M90 Johnston Avenue$2.35M20 Walker Road$2.85M245 Florence Avenue$2.20M291 Poyntz Avenue$3.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.79MThis home2.50M2.35M2.85M2.20M3.50MThis home vs active comparables
Live market pulseActive comparables in Lansing-Westgate · median list $2.40M
$1,014this home / sqft
11active listings nearby
141days on market

This home lists 1% above the area average of $1,005/sqft.

140 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Lansing-Westgate, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St. @ Florence Ave., about 242 m away

20+ transit stops7 grocery20+ dining20+ parks16 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K
High Park-Swansea
$4.99M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cameron Public School
81%
Cameron Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$12,711/mo
$518KIncome needed
5.4×Price ÷ income
$2,933Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $12,711Property tax $1,003Total carry $13,714

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,907per month

Mortgage amount $2,231,200 · 4.14% over 25 years

$557,800Down payment (20.0%)
$2,231,200Loan before insurance
$0CMHC premium
$12,909Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,907
Property tax
$1,003
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,909

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$56,200
Toronto municipal land transfer tax
$56,200
Estimated closing costs
$112,400

Plus your down payment of $557,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,462/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,340,753Total interest paid
$3,571,953Total of all payments
Principal $2,231,200 Interest $1,340,753
YearPrincipalInterestBalance
1$52,269$90,609$2,178,931
2$54,456$88,422$2,124,475
3$56,733$86,145$2,067,742
4$59,107$83,772$2,008,635
5$61,579$81,299$1,947,056
6$64,155$78,724$1,882,902
7$66,838$76,040$1,816,063
8$69,634$73,244$1,746,430
9$72,547$70,332$1,673,883
10$75,581$67,297$1,598,302
11$78,742$64,136$1,519,560
12$82,036$60,842$1,437,523
13$85,468$57,411$1,352,056
14$89,043$53,836$1,263,013
15$92,767$50,111$1,170,246
16$96,647$46,231$1,073,599
17$100,690$42,188$972,909
18$104,902$37,976$868,007
19$109,290$33,589$758,717
20$113,861$29,017$644,856
21$118,624$24,254$526,232
22$123,586$19,293$402,647
23$128,755$14,123$273,892
24$134,141$8,738$139,751
25$139,751$3,127$0

At the end of your 5-year term

Total paid over the term
$714,391
Principal paid down
$284,144
Interest paid
$430,247
Balance remaining
$1,947,056

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
1.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.3%
Gross yield
− Property tax $12,031− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $42,639

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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