4 Belle Ayre Boulevard, Toronto, ON

Mount Pleasant East, Toronto · MLS® C12916318

$1,699,000
For Sale
Listed 115 days ago
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3Bedrooms
3Bathrooms
2Parking
1100-1500Sq Ft

About this home

Turnkey Home In The Heart Of Davisville Village! Welcome To This Beautifully Renovated Semi-Detached Home In One Of Midtown Toronto's Most Desirable Neighbourhoods, Where Tree-Lined Streets, Vibrant Cafes, Top-Rated Schools, Parks, And The TTC Are All Just Steps Away. Offering Three Self-Contained Luxury Suites, This Is A Rare Opportunity To Live In A Thriving Community While Generating Income Or Building Long-Term Wealth. Each Unit Is Thoughtfully Designed With Bright, Open-Concept Living, Quartz Kitchens, Exposed Brick Accents, Electric Fireplaces, And Pot Lights Throughout-Blending Modern Style With Warmth And Character. The Main Floor Features A Stylish 1-Bedroom Layout With Shared Laundry, While The Second-Floor Suite Offers A Private Balcony And Its Own Ensuite Laundry, Perfect For Added Comfort And Independence. The Fully Finished Basement Includes A Separate Entrance, Above-Grade Windows, And A Spacious 1-Bedroom Layout-Ideal For Extended Family Or Additional Rental Income. With Three Separate Hydro Meters, Strong Existing Tenants, And Rare Two-Car Parking, This Property Delivers Exceptional Flexibility And Value. Enjoy The Best Of Midtown Living Just Minutes To Mount Pleasant Shops, Restaurants, Parks, And Transit. Whether You're Looking To Live, Invest, Or Do Both, This Is A Rare, Move-In Ready Opportunity In The Heart Of Davisville You Won't Want To Miss!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C12916318
Bedrooms
3 (2 + 1)
Bathrooms
3
Size
1100-1500
Lot
16.01 × 95.5 ft
Cross streets
Mt. Pleasant Rd.
Parking
2 parking
Driveway
Mutual
Basement
Apartment, Separate Entrance, Finished
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,209 / 2025
Days on market
115
Listing brokerage
CAPITAL NORTH REALTY CORPORATION

Rooms

BedroomBasement3.45 × 2.57 m

above grade window · closet · broadloom

Living RoomBasement3.53 × 3.38 m

fireplace · broadloom · pot lights

Living RoomSecond3.89 × 3.05 m

fireplace · walk-out · pot lights

Dining RoomSecond3.05 × 2.95 m

open concept · laminate · pot lights

Dining RoomMain3.05 × 2.95 m

laminate · pot lights · closet

KitchenSecond3.07 × 2.44 m

renovated · quartz counter

Living RoomMain3.05 × 2.95 m

fireplace · laminate · pot lights

BedroomMain3.05 × 2.97 m

closet · laminate · semi ensuite

BedroomSecond3.91 × 2.97 m

semi ensuite · closet · pot lights

KitchenMain3.05 × 2.44 m

Quartz Counter

KitchenBasement2.74 × 2.54 m

renovated · quartz counter

Listing history

  1. May 15, 2026Listed$1,525

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.28Mest. value

Listed at $1,699,000, this home is about 32% above what comparable homes suggest. 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 $1.45M, a bit higher.

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
  • Bathrooms +$15K
  • Adjusts to $1.29M

That comparable adjusts to $1.29M; the $1.28M 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.

Its public catchment (Northern Secondary 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. Davisville Ave at Belle Ayre Blvd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.01MGreat deal$1.70MOverpriced

Total price vs nearby homes. Fair value about $1.28M, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant East · asking prices
$1.19Mavg asking

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

389 Davisville Avenue$1.29M72 Mann Avenue$1.28M81 Cleveland Street$1000k

The 3 closest active listings nearby.

See all comparable homes
1.70MThis home1.29M1.28M1000kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $1.29M
$1,307this home / sqft
5active listings nearby
115days on market

111 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mount Pleasant East, 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

73/ 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: Davisville Ave at Belle Ayre Blvd, about 24 m away

20+ transit stops10 grocery20+ dining20+ parks20+ 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.

Rosedale-Moore Park
$2.40M
Danforth
$1.10M
Greenwood-Coxwell
$792K
South Riverdale
$1.30M
Corso Italia-Davenport
$951K

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 Hodgson Middle School
76%
Hodgson Middle SchoolPublic · Elementary · 0.1 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$7,743/mo
$317KIncome needed
5.4×Price ÷ income
$1,787Weekly 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 $7,743Property tax $601Total carry $8,344

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)
$7,253per month

Mortgage amount $1,359,200 · 4.14% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$7,854Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,253
Property tax
$601
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,854

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

One-time closing costs

Ontario land transfer tax
$30,455
Toronto municipal land transfer tax
$30,455
Estimated closing costs
$60,910

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,810/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

$816,759Total interest paid
$2,175,959Total of all payments
Principal $1,359,200 Interest $816,759
YearPrincipalInterestBalance
1$31,841$55,197$1,327,359
2$33,173$53,865$1,294,185
3$34,561$52,478$1,259,625
4$36,006$51,032$1,223,618
5$37,513$49,526$1,186,106
6$39,082$47,957$1,147,024
7$40,716$46,322$1,106,308
8$42,419$44,619$1,063,888
9$44,194$42,845$1,019,694
10$46,042$40,996$973,652
11$47,968$39,070$925,684
12$49,975$37,064$875,709
13$52,065$34,973$823,644
14$54,243$32,795$769,401
15$56,512$30,527$712,889
16$58,876$28,163$654,014
17$61,338$25,700$592,675
18$63,904$23,134$528,771
19$66,577$20,461$462,195
20$69,362$17,677$392,833
21$72,263$14,775$320,570
22$75,286$11,753$245,284
23$78,435$8,604$166,849
24$81,716$5,323$85,134
25$85,134$1,905$0

At the end of your 5-year term

Total paid over the term
$435,192
Principal paid down
$173,094
Interest paid
$262,097
Balance remaining
$1,186,106

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$2,300/mo
$27,600Gross annual rent
0.9%Est. cap rate

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 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.

1.6%
Gross yield
− Property tax $7,209− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,955

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

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