222 Broadway Avenue, Toronto, ON
Mount Pleasant East, Toronto · MLS® C12897090
About this home
Located in the highly sought-after North Toronto Collegiate Institute school district and the prestigious Sherwood Parkneighbourhood, this unique property offers exceptional potential in a truly prime setting.Offering nearly 2,000 square feet above grade, this spacious home is full of character and ready for your personal vision. the property features newer cedar shake siding and a roof completed within the past two years, providing a strong foundation for future improvements.Enjoy the convenience of three-car parking and a location that places you within walking distance to the subway, parks, and vibrant shopping along Yonge Street.A rare opportunity to secure a generously sized home in one of Toronto's most desirable communities - an inviting canvas with tremendous upside.Extras: All existing light fixtures, newer cedar siding, newer roof, electric baseboard heating. 2026 Electrical box, Hot Tank Owned. Tenant is month to month and is in good standing with landlord. Rent is $4085 + utilities Pics are AI enhanced
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- C12897090
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 25 × 80 ft
- Cross streets
- Mt Pleasant Rd and Eglinton Ave
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- None
- Heating
- Baseboard
- A/C
- None
- Exterior
- Brick, Wood
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,952 / 2025
- Days on market
- 121
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
4 pc bath · double closet
Double Closet
Double Closet
Eat-in Kitchen
combined w/kitchen · open concept
ceramic floor · w/o to yard · sliding doors
w/o to yard · finished
sunken room · fireplace · fireplace
Listed at $1,395,000, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.47M, a bit lower.
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 $1.28M
- Size difference +$446K
- Bathrooms +$15K
- Adjusts to $1.74M
That comparable adjusts to $1.74M; the $1.74M estimate above is the median of all 5 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.
On schools, this address is zoned for North Toronto Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Mt Pleasant Rd at Broadway Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.74M, median of 5 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
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 21% below the area average of $1,010/sqft.
117 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant East, 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: Mt Pleasant Rd at Broadway Ave, about 222 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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,116,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,955
- Property tax
- $579
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,535
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,375
- Toronto municipal land transfer tax
- $24,375
- Estimated closing costs
- $48,750
Plus your down payment of $279,000. 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
- $357,323
- Principal paid down
- $142,123
- Interest paid
- $215,201
- Balance remaining
- $973,877
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
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.