106 Johnston Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C12874086
About this home
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
- 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
- 131
- 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, this home is tracking about 27% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.70M, higher than the comparables and worth a second look.
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 $1.60M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.55M
That comparable adjusts to $1.55M; the $1.34M estimate above is the median of all 12 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. Quilter Road is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.34M, median of 12 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 27% above the area average of $1,032/sqft.
130 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
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.
Getting around
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: Quilter Road, about 287 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.
Mortgage amount $1,360,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,257
- Property tax
- $760
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,018
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
- $435,448
- Principal paid down
- $173,196
- Interest paid
- $262,252
- Balance remaining
- $1,186,804
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.