12 Florence Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C12933420
About this home
Elegance And Comfort In Prime Yonge & Sheppard Area*new Renos around 2023, Designer Circular Staircase Leads To Sun-Filled Living Area W/Soaring Open Spaces*Entertain At Covered Roof-Top Patio*Get Spoiled In Luxurious Master Suite W/Spa-Like Bath*Large In-Law Suite Offers Options For Large Family/Extra Income*Great Home Office W/Prkg*Appx.6000 Sq.Ft Tot.Liv.Space*Great Location: Yonge St./Subway/Hwy 401* Enjoy Life In Prime Investment!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12933420
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 7 (2 half)
- Size
- 3500-5000
- Lot
- 36.83 × 130 ft
- Cross streets
- Yonge / Sheppard /Avondale/401
- Parking
- 2 garage · 7 parking (carport)
- Driveway
- Private Double
- Basement
- Apartment, Separate Entrance
- Kitchens
- 4 (2 + 2)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete, Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $13,068 / 2025
- Days on market
- 115
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
picture window · walk-in closet(s) · 5 pc ensuite
hardwood floor · pot lights · pass through
broadloom · double closet · 4 pc bath
hardwood floor · walk-in closet(s) · skylight
w/o to garden · combined w/dining · fireplace
hardwood floor · fireplace · b/i bookcase
open concept · b/i shelves · 2 pc bath
hardwood floor · pantry · overlooks living
broadloom · closet · 2 pc bath
bow window · b/i desk · b/i shelves
corian counter · hardwood floor · b/i appliances
circular stairs · hardwood floor · w/o to sundeck
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes114 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $1,519,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,107
- Property tax
- $1,089
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,196
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,455
- Toronto municipal land transfer tax
- $34,455
- Estimated closing costs
- $68,910
Plus your down payment of $379,800. 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
- $486,421
- Principal paid down
- $193,470
- Interest paid
- $292,950
- Balance remaining
- $1,325,730
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 NEW WORLD REALTY INC.. MLS®/PropTx.