192 Erskine Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13078538

$2,698,000
For Sale
Listed 79 days ago
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4Bedrooms
6Bathrooms
1Garage · 3 parking
2500-3000Sq Ft

About this home

Timeless Design. Elevated Living. Prime Mount Pleasant East.Welcome To 192 Erskine Avenue-An Exceptional Custom Residence Offering Approx. 3,737 Sq Ft Of Total Living Space, Including 2,952 Sq Ft Above Grade (Inclusive Of The Garage) Plus A 785 Sq Ft Finished Lower Level. Thoughtfully Designed With A Focus On Quality Craftsmanship, Functional Layout, And Effortless Luxury For Modern Family Living.Set On A Rare 25.03 x 187.94 Ft Deep Lot, This 4 Bedroom, 6 Bathroom Home Showcases Elegant Design, Refined Finishes, And Expansive Principal Rooms Ideal For Both Everyday Living And Entertaining. Rich Detailing, Extensive Lighting, And A Seamless Flow Create A Warm Yet Sophisticated Atmosphere Throughout.The Upper Levels Feature Generously Proportioned Bedrooms, While The 3rd Floor Retreat With Bonus Lounge Offers A Private Sanctuary-Perfect As A Luxurious Primary Escape, Home Office, Or Relaxed Family Space, Complete With Fireplace And Added Comfort. The Lower Level Adds Valuable Additional Living Space Ideal For A Media Room, Gym, Or Guest Suite. A Spacious Garage Completes This Well-Appointed Home.Located In Highly Coveted Mount Pleasant East, This Home Delivers An Exceptional Lifestyle Surrounded By Top-Tier Amenities. Enjoy Walking Access To Sherwood Park, Blythwood Ravine, And Nearby Green Spaces, While Being Within The Catchment Of Highly Rated Schools Including John Fisher Junior PS, Hodgson Middle School, And North Toronto Collegiate Institute.Transit Is Effortless With Bus Service Steps Away And Convenient Access To The Eglinton Subway And New Light Rail Transit (LRT), Providing Seamless Connectivity Across The City. Boutique Shops, Restaurants, Cafés, And Everyday Conveniences Are All Just Moments From Your Door.A Rare Offering In An Established, Prestigious Neighbourhood-Where Space, Design, And Location Come Together To Create A Home That Is As Impressive As It Is Livable. 2952sqft Above (Include Garage) + 785sqft Lower (Total 3737 Sqft)

Key facts

Property type
Detached, 3-Storey
MLS®
C13078538
Bedrooms
4
Bathrooms
6 (2 half)
Size
2500-3000
Lot
25.03 × 187.94 ft
Cross streets
Erskine Avenue & Mt Pleasant Road
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air, Wall Unit(s)
Exterior
Shingle , Stone
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$14,848 / 2026
Days on market
79
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$2.94Mest. value

Listed at $2,698,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Mount Pleasant East lately, sellers have been getting about 96% of asking and homes sell in about 29 days.

There were not many closely comparable homes right in Mount Pleasant East, so I widened the search to the surrounding area.

Based on 45 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 45 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.93M, a close match.

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, sold for $3.86M
  • Bedrooms −$60K
  • Bathrooms +$30K
  • Adjusts to $3.83M

That comparable adjusts to $3.83M; the $2.94M estimate above is the median of all 45 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$2.58MGreat deal$3.33MOverpriced

Total price vs nearby homes. Fair value about $2.94M, median of 45 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
Comparable listingsCurrently listed nearby in Mount Pleasant East · asking prices
$2.63Mavg asking

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

418 Soudan Avenue$2.45M443 Hillsdale Avenue$2.89M317 Keewatin Avenue$2.74M997 Mount Pleasant Road$2.49M411 Keewatin Avenue$2.60M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.70MThis home2.45M2.89M2.74M2.49M2.60MThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $2.60M
$981this home / sqft
16active listings nearby
79days on market
97sold nearby · 90 days
$2.60Mmedian sold price
96%of asking, on average

This home lists 21% below the area average of $1,249/sqft.

78 days longer than the Toronto average (1 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.

Nearby neighbourhoods

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

Bedford Park-Nortown
$4.46M
Danforth Village-East York
$1000K
Willowdale East
$3.00M
Birchcliffe-Cliffside
$1.69M
L'Amoreaux
$1.54M

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 John Fisher Junior Public School
85%
John Fisher Junior Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$12,297/mo
$511KIncome needed
5.3×Price ÷ income
$2,838Weekly 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.

91%mortgage
Mortgage $12,297Property tax $1,237Total carry $13,534

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,518per month

Mortgage amount $2,158,400 · 4.14% over 25 years

$539,600Down payment (20.0%)
$2,158,400Loan before insurance
$0CMHC premium
$12,755Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,518
Property tax
$1,237
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,755

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

One-time closing costs

Ontario land transfer tax
$53,925
Toronto municipal land transfer tax
$53,925
Estimated closing costs
$107,850

Plus your down payment of $539,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,990/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

$1,297,007Total interest paid
$3,455,407Total of all payments
Principal $2,158,400 Interest $1,297,007
YearPrincipalInterestBalance
1$50,564$87,652$2,107,836
2$52,679$85,537$2,055,157
3$54,882$83,334$2,000,275
4$57,178$81,038$1,943,097
5$59,570$78,647$1,883,527
6$62,061$76,155$1,821,466
7$64,657$73,559$1,756,809
8$67,362$70,854$1,689,447
9$70,179$68,037$1,619,267
10$73,115$65,101$1,546,152
11$76,173$62,043$1,469,979
12$79,359$58,857$1,390,620
13$82,679$55,537$1,307,941
14$86,137$52,079$1,221,803
15$89,740$48,476$1,132,063
16$93,494$44,722$1,038,569
17$97,405$40,812$941,164
18$101,479$36,737$839,685
19$105,724$32,493$733,962
20$110,146$28,070$623,816
21$114,753$23,463$509,062
22$119,553$18,663$389,509
23$124,554$13,662$264,955
24$129,764$8,452$135,192
25$135,192$3,025$0

At the end of your 5-year term

Total paid over the term
$691,081
Principal paid down
$274,873
Interest paid
$416,209
Balance remaining
$1,883,527

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$5,250/mo
$63,000Gross annual rent
1.5%Est. cap rate

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.

2.3%
Gross yield
− Property tax $14,848− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $39,822

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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