252 Sheldrake Boulevard, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13130516

$2,875,000
For Sale
Listed 69 days ago
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6Bedrooms
5Bathrooms
1Garage · 4 parking
2500-3000Sq Ft

About this home

Welcome to this wonderful three-storey family home, filled with character and charm, add your own TLC. Situated on a premium 50 x 150 ft lot on coveted Sheldrake Boulevard. An exceptional opportunity for renovation or potential redevelopment into two lots. The elegant living room features a wood-burning fireplace, hardwood floors, and a large picture window that fills the space with natural light, while the dining room showcases classic wainscoting, hardwood floors, and expansive windows, creating a bright and inviting space. The kitchen offers ample storage, stainless steel appliances, a paneled refrigerator, and is combined with the family room, highlighted by large windows overlooking the backyard. The primary suite features hardwood floors, a walk-in closet, a 4-piece ensuite, and a tandem room with floor-to-ceiling windows and a separate thermostat, ideal for a home office. The second level also includes a 4-piece bathroom and two additional bedrooms with hardwood floors and large windows. The third level offers three additional bedrooms and a 4-piece bathroom, providing excellent flexibility for family or guests. The partially finished basement includes a spacious recreation room with a second wood-burning fireplace and pot lights, as well as a 3-piece bathroom, games room, laundry area, cold room/storage, and an instant hot water tank. Ideally located near top-ranked schools, including Blythwood Junior Public School, Glenview Senior Public School, and North Toronto Collegiate Institute, as well as prestigious private schools, with convenient access to transit, Highway 401, upscale shops, fine dining, and private clubs.

Key facts

Property type
Detached, 3-Storey
MLS®
C13130516
Bedrooms
6
Bathrooms
5 (1 half)
Size
2500-3000
Lot
50 × 150 ft
Cross streets
Mt Pleasant & Lawrence
Parking
1 garage · 4 parking (detached)
Driveway
Private
Basement
Partially Finished
Heating
Water
A/C
Wall Unit(s), Window Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,307 / 2025
Days on market
69
Listing brokerage
MCCANN REALTY GROUP LTD.

Rooms

RecreationLower6.12 × 4.44 m

fireplace · pot lights · window

SunroomSecond4.65 × 2.18 m

combined w/primary · hardwood floor

Bedroom 4Third4.47 × 3.35 m

hardwood floor · large window · closet

Game RoomLower5.54 × 3.05 m

hardwood floor · window

LaundryLower2.03 × 1.45 m

laundry sink · window

Family RoomMain5.05 × 4.37 m

french doors · overlooks backyard · picture window

Dining RoomMain4.75 × 3.23 m

french doors · beamed ceilings · wainscoting

Bedroom 3Second3.66 × 3.10 m

large window · hardwood floor

Bedroom 2Second4.17 × 3.23 m

fireplace · hardwood floor · large window

BedroomThird3.71 × 3.00 m

hardwood floor · closet · window

Living RoomMain4.37 × 3.23 m

fireplace · pocket doors · picture window

KitchenMain4.37 × 3.07 m

w/o to yard · granite counters · breakfast bar

Primary BedroomSecond4.65 × 3.33 m

walk-in closet(s) · combined w/sunroom · 4 pc ensuite

Bedroom 5Third4.14 × 3.35 m

hardwood floor · closet · window

Moe’s TakeTeam Asgarian · Broker
In line
$3.14Mest. value

Listed at $2,875,000, 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 28 days.

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

Based on 93 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 93 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.51M, a bit lower.

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 +$30K
  • Adjusts to $3.89M

That comparable adjusts to $3.89M; the $3.14M estimate above is the median of all 93 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
$2.73MGreat deal$3.63MOverpriced

Total price vs nearby homes. Fair value about $3.14M, median of 93 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Comparable listingsCurrently listed nearby in Mount Pleasant East · asking prices
$2.62Mavg asking

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

301 Keewatin Avenue$2.30M317 Keewatin Avenue$2.74M997 Mount Pleasant Road$2.49M32 Belcourt Road$2.70M443 Hillsdale Avenue$2.89M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.88MThis home2.30M2.74M2.49M2.70M2.89MThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $2.70M
$1,045this home / sqft
11active listings nearby
69days on market
99sold nearby · 90 days
$3.13Mmedian sold price
96%of asking, on average

This home lists 12% below the area average of $1,185/sqft.

68 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
East York
$925K
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 North Toronto Collegiate Institute
88%
North Toronto Collegiate InstitutePublic · Secondary · 0.8 km awayHigher-rated than most nearby · 88% meet the provincial standard
Sunny View Junior and Senior Public SchoolEQAO results not published
Glenview Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$13,103/mo
$534KIncome needed
5.4×Price ÷ income
$3,024Weekly 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 $13,103Property tax $1,026Total carry $14,129

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)
$12,274per month

Mortgage amount $2,300,000 · 4.14% over 25 years

$575,000Down payment (20.0%)
$2,300,000Loan before insurance
$0CMHC premium
$13,299Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,274
Property tax
$1,026
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,299

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

One-time closing costs

Ontario land transfer tax
$58,350
Toronto municipal land transfer tax
$58,350
Estimated closing costs
$116,700

Plus your down payment of $575,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,907/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

$1,382,096Total interest paid
$3,682,096Total of all payments
Principal $2,300,000 Interest $1,382,096
YearPrincipalInterestBalance
1$53,881$93,403$2,246,119
2$56,135$91,149$2,189,984
3$58,483$88,801$2,131,501
4$60,929$86,355$2,070,572
5$63,478$83,806$2,007,094
6$66,133$81,151$1,940,962
7$68,899$78,385$1,872,063
8$71,781$75,503$1,800,281
9$74,784$72,500$1,725,498
10$77,912$69,372$1,647,586
11$81,171$66,113$1,566,416
12$84,566$62,718$1,481,850
13$88,103$59,181$1,393,747
14$91,788$55,496$1,301,959
15$95,628$51,656$1,206,331
16$99,628$47,656$1,106,703
17$103,795$43,489$1,002,909
18$108,136$39,147$894,772
19$112,660$34,624$782,113
20$117,372$29,912$664,741
21$122,281$25,002$542,459
22$127,396$19,887$415,063
23$132,725$14,559$282,338
24$138,277$9,007$144,061
25$144,061$3,223$0

At the end of your 5-year term

Total paid over the term
$736,419
Principal paid down
$292,906
Interest paid
$443,514
Balance remaining
$2,007,094

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.

2.2%
Gross yield
− Property tax $12,307− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $42,363

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

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