537 Blythwood Road, Toronto, ON

Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C13065434

$2,895,000
For Sale
Listed 131 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
2Garage · 8 parking
2000-2500Sq ft

About this home

In short

  • The Happy Home You've Been Waiting For In Prime Lawrence Park.
  • Tastefully Updated And Beautifully Maintained, This Charming Sidesplit Sits On An Exceptional 60' X 120' Lot And Offers A Warm, Inviting Layout Designed For Both...
  • The Well-Proportioned Layout Features 3+1 Bedrooms And 3 Bathrooms, Including Large Bedrooms And A Serene Primary Suite With Its Own Ensuite.
  • Perfectly Positioned Steps To Toronto's Finest Public And Private Schools, The Granite Club, Ravine Trails, Parks, And Midtown's Premier Amenities, This Is A Rare...

The Happy Home You've Been Waiting For In Prime Lawrence Park. Tastefully Updated And Beautifully Maintained, This Charming Sidesplit Sits On An Exceptional 60' X 120' Lot And Offers A Warm, Inviting Layout Designed For Both Comfortable Family Living And Elegant Entertaining. A Grand Foyer Welcomes You Into Expansive Principal Rooms Where A Striking Stone Fireplace Feature Wall Artfully Integrates The Living Spaces While Still Creating Defined Areas. Thoughtful Built-In Planter Boxes Add Texture And Warmth, Enhancing The Home's Unique Architectural Character. The Well-Proportioned Layout Features 3+1 Bedrooms And 3 Bathrooms, Including Large Bedrooms And A Serene Primary Suite With Its Own Ensuite. The Eat-In Kitchen Is Ideal For Daily Life And Hosting Alike, With A Walkout To A Private Balcony Overlooking The Beautiful Surroundings. The Natural Grade Of The Lot Allows The Lower Level To Feel Bright And Open, With Generous Natural Light And A Convenient Walkout That Enhances The Home's Overall Livability And Flexibility. Perfectly Positioned Steps To Toronto's Finest Public And Private Schools, The Granite Club, Ravine Trails, Parks, And Midtown's Premier Amenities, This Is A Rare Opportunity To Secure A Truly Special Home In One Of The City's Most Prestigious Neighbourhoods.

Key facts

Property type
Detached, Sidesplit 3
MLS®
C13065434
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
2000-2500 sq ft
Lot
60.5 × 121 ft
Cross streets
BLYTHWOOD AND BAYVIEW
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$14,343 / 2025
Days on market
131
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Family RoomMain3.70 × 3.50 m

picture window · laminate · moulded ceiling

Bedroom 3Upper3.41 × 2.92 m

laminate · double closet · picture window

BreakfastMain2.27 × 3.50 m

combined w/kitchen · pot lights · w/o to balcony

RecreationLower8.87 × 3.88 m

above grade window · laminate · gas fireplace

Primary BedroomUpper4.39 × 3.94 m

ensuite bath · double closet · picture window

Living RoomMain7.81 × 4.25 m

laminate · gas fireplace · pot lights

BedroomLower4.39 × 2.67 m

closet · above grade window · laminate

KitchenMain2.80 × 3.50 m

porcelain floor · b/i desk · picture window

LaundryLower7.47 × 3.77 m

above grade window · porcelain floor · large closet

Dining RoomMain7.81 × 4.25 m

laminate · moulded ceiling · combined w/living

Bedroom 2Upper3.66 × 3.62 m

double closet · picture window · laminate

Our TakeTeam Asgarian · Broker
In line
$2.91Mest. value

Listed at $2,895,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.91M, typically $2.62M to $3.53M. Comparable closings on their own put this home around $2.93M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $2.64M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$2.62MBelow recent closings$3.53MAbove recent closings

Total price vs nearby homes. Fair value about $2.91M, median of 16 comparables.

The market behind the math:

14sold nearby · 90 days
$5.40Mmedian sold price
96%of asking, on average
+38%prices vs a year ago
~35 dayshomes like this take to sell
131days on market so far
$6,224/moest. rent · 15 leases
2.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.2 months of inventory: 29 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,287/sqft against an area asking average of $1,709/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Bridle Path-Sunnybrook-York Mills basements rarely rent out (2 of 81 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 16 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.64M, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Lawrence Park 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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Bridle Path-Sunnybrook-York Mills, so I widened the search to the surrounding area.

Based on 16 comparable homes that sold in Bridle Path-Sunnybrook-York Mills over the past two years, from 107 closings there.

What sellers nearby are askingCurrently listed nearby in Bridle Path-Sunnybrook-York Mills · asking prices
$3.20Mavg asking

Nothing 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 $2.93M, which is where my estimate comes from.

Per square foot, these ask about $1,455/sqft; this home lists at $1,287/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
2.90MThis home3.60M2.77M2.90M3.38M3.38MThis home vs active comparables

Neighbourhood & location

Bridle Path-Sunnybrook-York Mills, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mount Pleasant East
$2.42M
Leaside
$3.55M
Bedford Park-Nortown
$3.50M
Woodbine-Lumsden
$899K
Newtonbrook West
$2.01M

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 Lawrence Park Collegiate Institute
92%
Lawrence Park Collegiate InstitutePublic · Secondary · 2.3 km awayAmong the top in the GTA · 92% meet the provincial standard
Sunny View Junior and Senior Public SchoolEQAO results not published
Glenview Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Blythwood Junior Public School · Public elementary0.6 km · 88% at standard
Northlea Elementary and Middle School · Public elementary1.2 km · 84% at standard
Leaside High School · Public secondary1.2 km · 87% at standard
Northern Secondary School · Public secondary1.3 km · 82% at standard
Eglinton Junior Public School · Public elementary1.5 km · 70% at standard
Park Lane Public School · Public elementary1.5 km
John Fisher Junior Public School · Public elementary1.6 km · 85% at standard
North Toronto Collegiate Institute · Public secondary1.6 km · 88% at standard
Bedford Park Public School · Public elementary1.7 km · 88% at standard
Bessborough Drive Elementary and Middle School · Public elementary1.7 km · 89% at standard
Maurice Cody Junior Public School · Public elementary1.7 km · 90% at standard
St Anselm Catholic School · Catholic elementary1.8 km · 90% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$13,194/mo
$543KIncome needed
5.3×Price ÷ income
$3,045Weekly cost
$117,700Land transfer tax, one-time (Ontario + Toronto)
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.

92%mortgage
Mortgage $13,194Property tax $1,195Total carry $14,390

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,486per month

Mortgage amount $2,316,000 · 4.24% over 25 years

$579,000Down payment (20.0%)
$2,316,000Loan before insurance
$0CMHC premium
$13,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,486
Property tax
$1,195
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,681

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

One-time closing costs

Ontario land transfer tax
$58,850
Toronto municipal land transfer tax
$58,850
Estimated closing costs
$117,700

Plus your down payment of $579,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$15,150/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

$1,429,745Total interest paid
$3,745,745Total of all payments
Principal $2,316,000 Interest $1,429,745
YearPrincipalInterestBalance
1$53,511$96,319$2,262,489
2$55,804$94,026$2,206,686
3$58,195$91,635$2,148,491
4$60,688$89,141$2,087,802
5$63,289$86,541$2,024,513
6$66,001$83,829$1,958,513
7$68,829$81,001$1,889,684
8$71,778$78,052$1,817,906
9$74,854$74,976$1,743,052
10$78,061$71,769$1,664,991
11$81,406$68,424$1,583,584
12$84,894$64,935$1,498,690
13$88,532$61,298$1,410,158
14$92,326$57,504$1,317,832
15$96,282$53,548$1,221,551
16$100,407$49,422$1,121,143
17$104,710$45,120$1,016,434
18$109,196$40,633$907,237
19$113,875$35,954$793,362
20$118,755$31,075$674,607
21$123,844$25,986$550,763
22$129,150$20,680$421,613
23$134,684$15,146$286,929
24$140,455$9,374$146,474
25$146,474$3,356$0

At the end of your 5-year term

Total paid over the term
$749,149
Principal paid down
$291,487
Interest paid
$457,662
Balance remaining
$2,024,513

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
From 15 whole-home leases in Bridle Path-Sunnybrook-York Mills$6,224/mo
$74,688Gross annual rent
1.8%Cap rate after taxes and upkeep
$5,913 to $6,580Typical rent range
~26 daysTo find a tenant, on average

About the suite: in Bridle Path-Sunnybrook-York Mills basements rarely rent out (2 of 81 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 15 whole-home leases in Bridle Path-Sunnybrook-York Mills signed at a median of $6,326 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,224. 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.

2.6%
Gross yield
− Property tax $14,343− Insurance $1,400− Vacancy & upkeep $8,216Net operating income $50,729

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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