106 Johnston Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C12874086
About this home
In short
- Rare Opportunity in Prime Location Welcome to an unparalleled real estate opportunity in one of Toronto's most sought-after neighborhood's - just steps from Yonge &...
- The property boasts a renovated kitchen with a pantry that overlooks a bright and inviting main floor family room - complete with a walkout to a sunny backyard deck...
- Inside, you'll find generous living and dining rooms with gleaming hardwood floors, plus a separate entrance for added flexibility - ideal for an in-law suite or...
- The spacious lot provides ample room for outdoor recreation, gardening, or future development, making this home a true urban oasis.
Steps to Yonge Street! Rare Opportunity in Prime Location Welcome to an unparalleled real estate opportunity in one of Toronto's most sought-after neighborhood's - just steps from Yonge & Sheppard! This expansive bungalow is the perfect canvas for homeowners, investors, contractors, or builders looking to customize, renovate, or rebuild. Situated on a generously sized lot, expansion, outdoor living, and creative redesign single home. The property boasts a renovated kitchen with a pantry that overlooks a bright and inviting main floor family room - complete with a walkout to a sunny backyard deck, perfect for relaxing or entertaining. Inside, you'll find generous living and dining rooms with gleaming hardwood floors, plus a separate entrance for added flexibility - ideal for an in-law suite or rental potential. Enjoy unmatched convenience with proximity to top-rated schools, parks, green spaces, places of worship, major highways, and public transit - including the subway just minutes away. Whether you're looking to move in, renovate, or build new, this property is a rare find in an unbeatable location. The spacious lot provides ample room for outdoor recreation, gardening, or future development, making this home a true urban oasis.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- C12874086
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50 × 130 ft
- Cross streets
- Yonge and Sheppard
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,125 / 2025
- Days on market
- 209
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
laminate · combined w/dining · large window
Ceramic Floor
laminate · window · closet
laminate · combined w/living · large window
laminate · open stairs
laminate · window · closet
laminate · window · closet
ceramic floor · modern kitchen · window
Listed at $1,700,000. Going by how homes in Lansing-Westgate and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $1.65M, if it sells. A realistic range is $1.55M to $1.86M.
Independent value check: $1.37M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $1.29M and $1.44M).
Why $1.37M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:
- ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,000 to 2,500.
- ▼ Lowers it3 bedrooms and 2 baths, against 4+1 and 4 typically.
Longer on the market than typical. 209 days on the market against about 41 for homes like it here, and asking 24% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.65M, from 19 recent closings in this pocket.
The market behind the math:
About 2.8 months of inventory: 18 detached homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,308/sqft against an area asking average of $1,063/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.36M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Lansing-Westgate, so I widened the search to the surrounding area.
Based on 19 comparable homes that sold in Lansing-Westgate over the past two years, from 131 closings there.
For sale
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For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.37M, which is where my estimate comes from.
Per square foot, these ask about $1,100/sqft; this home lists at $1,308/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,353 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 671 |
Neighbourhood & location
Lansing-Westgate, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.
Mortgage amount $1,360,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,520
- Property tax
- $760
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,280
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,475
- Toronto municipal land transfer tax
- $30,475
- Estimated closing costs
- $60,950
Plus your down payment of $340,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $451,180
- Principal paid down
- $166,167
- Interest paid
- $285,014
- Balance remaining
- $1,193,833
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.
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
The suite is real income here: basements rent in Lansing-Westgate (17 of 136 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 39 whole-home leases in Lansing-Westgate signed at a median of $3,647 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,614. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.