254 Airdrie Road, Toronto, ON

Leaside, Toronto · MLS® C13126364

$1,875,000
For Sale
Listed 70 days ago
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3Bedrooms
3Bathrooms
1Parking
1100-1500Sq Ft

About this home

Welcome to 254 Airdrie Road, a beautifully updated turnkey home in the heart of South Leaside. Thoughtfully designed for modern family living, this home offers an exceptional layout, stylish finishes, and incredible functionality throughout. Step inside to a gracious foyer with a perfectly placed powder room and an inviting living room featuring an oversized window that fills the space with beautiful morning light. The updated kitchen is both elegant and practical, offering abundant storage, sleek white countertops and backsplash with seamless finishes, and an open view overlooking the dining area. At the rear of the home, the oversized family room is the perfect gathering space, complete with a custom built-in gas fireplace, extensive built-ins, and additional storage. Walk out to the beautifully maintained west-facing backyard, ideal for entertaining and family gatherings. Enjoy summer evenings on the oversized deck, relax in the hot tub, and take advantage of the convenient garden shed for seasonal storage. Upstairs, you'll find three generously sized bedrooms with hardwood flooring throughout, along with a spacious bathroom featuring double sinks for added convenience.The lower level offers a fantastic recreation room with custom built-ins, a large storage closet perfect for seasonal clothing and extra organization, and a well-equipped laundry area with oversized machines and a folding counter to make everyday living effortless.Located in one of Toronto's most sought-after family communities, this home is surrounded by fantastic neighbours and is just steps to Trace Manes Park, Leaside Library, Leaside Arena, Longo's, Farm Boy, local restaurants, public transit, and more. Situated within an excellent school district including Rolph Road PS, Bessborough PS, St. Anselm Catholic School, and Leaside High School.Don't miss this opportunity to own an exceptional home in vibrant and highly coveted South Leaside.

Key facts

Property type
Detached, 2-Storey
MLS®
C13126364
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500
Lot
27 × 133 ft
Cross streets
Laird & Eglinton
Parking
1 parking
Driveway
Front Yard Parking, Mutual
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$9,150 / 2025
Days on market
70
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

Dining RoomMain3.83 × 2.02 m

hardwood floor · window

Family RoomMain5.29 × 5.26 m

fireplace · w/o to deck · west view

Living RoomMain3.97 × 2.92 m

large window · hardwood floor · east view

RecreationLower5.10 × 3.77 m

laminate · b/i bookcase · above grade window

OtherLower2.38 × 1.93 m

separate room · laminate · large closet

KitchenMain3.83 × 2.02 m

breakfast bar · stainless steel appl · family size kitchen

LaundryLower2.26 × 1.66 m

tile floor · separate room

FoyerMain2.50 × 2.34 m

b/i closet · hardwood floor · 2 pc bath

Primary BedroomUpper4.19 × 2.73 m

hardwood floor · closet · window

Bedroom 3Upper2.94 × 2.40 m

hardwood floor · window · closet

Bedroom 2Upper3.10 × 3.01 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
Above comparables
$1.48Mest. value

Listed at $1,875,000, and my independent estimate is about 27% above what comparable homes suggest.

In Leaside lately, sellers get about 98% of asking; homes sell in ~25 days.

List price
$1.33MGreat deal$1.88MOverpriced

Total price vs nearby homes. Fair value about $1.48M, median of 33 comparables.

How this estimate is builtthe short version

I take the 33 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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 $1.65M, a bit higher.

What the listing highlights2 points to weigh

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

  • Hardwood floors: quality hardwood is durable and broadly desirable. 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 Bessborough Drive Elementary and Middle School, 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 Leaside, so I widened the search to the surrounding area.

Based on 33 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.26Mavg asking

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

547 Melrose Avenue$1.98M39 Fairside Avenue$999k1 Damascus Drive$800k

The 3 closest active listings nearby.

See all comparable homes
1.88MThis home1.98M999k800kThis home vs active comparables
Live market pulseActive comparables in Leaside · median list $2.20M
$1,442this home / sqft
7active listings nearby
70days on market
97sold nearby · 90 days
$2.06Mmedian sold price
98%of asking, on average

This home lists 14% above the area average of $1,262/sqft.

69 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

Leaside, 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.

Danforth Village-East York
$883K
Clairlea-Birchmount
$880K
Willowdale West
$2.10M
L'Amoreaux
$1.54M
Woburn
$900K

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 Rolph Road Elementary School
88%
Rolph Road Elementary SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$8,546/mo
$353KIncome needed
5.3×Price ÷ income
$1,972Weekly 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.

92%mortgage
Mortgage $8,546Property tax $763Total carry $9,308

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,005per month

Mortgage amount $1,500,000 · 4.14% over 25 years

$375,000Down payment (20.0%)
$1,500,000Loan before insurance
$0CMHC premium
$8,767Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,005
Property tax
$763
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,767

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

One-time closing costs

Ontario land transfer tax
$33,975
Toronto municipal land transfer tax
$33,975
Estimated closing costs
$67,950

Plus your down payment of $375,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,722/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

$901,367Total interest paid
$2,401,367Total of all payments
Principal $1,500,000 Interest $901,367
YearPrincipalInterestBalance
1$35,140$60,915$1,464,860
2$36,610$59,445$1,428,251
3$38,141$57,914$1,390,110
4$39,736$56,318$1,350,373
5$41,398$54,656$1,308,975
6$43,130$52,925$1,265,845
7$44,934$51,120$1,220,910
8$46,814$49,241$1,174,097
9$48,772$47,283$1,125,325
10$50,812$45,243$1,074,513
11$52,937$43,117$1,021,576
12$55,152$40,903$966,424
13$57,459$38,596$908,965
14$59,862$36,193$849,103
15$62,366$33,689$786,738
16$64,975$31,080$721,763
17$67,692$28,362$654,071
18$70,524$25,531$583,547
19$73,474$22,581$510,073
20$76,547$19,508$433,526
21$79,749$16,306$353,778
22$83,085$12,970$270,693
23$86,560$9,495$184,133
24$90,181$5,874$93,953
25$93,953$2,102$0

At the end of your 5-year term

Total paid over the term
$480,273
Principal paid down
$191,025
Interest paid
$289,248
Balance remaining
$1,308,975

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
0.7%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.

1.5%
Gross yield
− Property tax $9,150− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $14,014

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

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