199 Arlington Avenue, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C13145612

$2,395,000
For Sale
Listed 59 days ago
7Bedrooms
5Bathrooms
0Parking
1500-2000Sq Ft

About this home

Imagine stepping into a brand new home at the heart of Humewood, where the rhythm of neighbourhood life unfolds right outside your door. In the mornings, you can hear the cheerful laughter of kids walking to school, filling the tree lined streets with pure joy. Afternoons invite you to unwind with a quick, peaceful stroll through nearby Humewood Park. On weekends, the vibrant energy of St. Clair West is just down the street, bursting with markets, restaurants, cafes & a diverse cultural scene that makes every outing feel like a local adventure. Crafted by one of Toronto's most experienced developers & built to suit multigenerational living, this custom residence is thoughtfully designed for families who need space to grow, whether you have teenagers craving their own areas or want to keep aging parents close by in comfort & privacy. From the moment you enter, the home greets you with soaring 10-foot ceilings and abundant natural light. The open main level feels warm & inviting, featuring a cozy gas fireplace, custom cabinetry and white oak floors. The kitchen becomes the natural heart of the home with a stunning oversized island, waterfall countertop, and a premium Thermador appliance package. Skylights bathe the 4 bedroom upper level in brightness, the primary suite offers a luxurious custom walk-in closet with LED accent lighting built in the cabinetry and an ensuite with a double vanity, smart lavatory and a 3 body jet high pressure shower system that is encased with stone and glass. Downstairs, the bright 2-bedroom basement suite features 8-foot ceilings and heated floors, complete with its own kitchen and laundry. Out back, the separate 1-bedroom garden suite feels airy and modern with 11-foot ceilings & heated floors. These two units can generate income, serve as space for extended family, home gym, or home office. If you're looking for a home that feels truly special yet makes perfect financial sense & remains deeply practical this one is reserved for you.

Key facts

Property type
Detached, 2-Storey
MLS®
C13145612
Bedrooms
7 (5 + 2)
Bathrooms
5 (1 half)
Size
1500-2000
Lot
24.03 × 107.39 ft
Cross streets
St Clair Ave W & Bathurst St
Parking
0 parking
Driveway
Mutual
Basement
Finished, Apartment, Separate Entrance
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air, Wall Unit(s)
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,325 / 2025
Days on market
59
Listing brokerage
RE/MAX HALLMARK SHAHEEN & COMPANY

Rooms

BedroomLower3.72 × 2.67 m

heated floor · above grade window · closet organizers

KitchenMain4.70 × 2.48 m

centre island · b/i appliances · eat-in kitchen

BedroomFlat4.10 × 2.81 m

b/i closet · closet organizers · large window

BathroomSecond2.56 × 1.49 m

3 pc bath · tile floor · quartz counter

Living RoomFlat5.14 × 4.59 m

b/i bookcase · combined w/kitchen · closet

Bedroom 4Second2.76 × 2.56 m

hardwood floor · skylight · pot lights

Living RoomLower5.07 × 4.56 m

heated floor · combined w/kitchen · above grade window

Living RoomMain4.03 × 3.95 m

hardwood floor · combined w/dining · overlooks frontyard

Primary BedroomSecond3.94 × 3.73 m

overlooks backyard · walk-in closet(s) · 4 pc ensuite

Dining RoomMain4.03 × 3.95 m

built-in speakers · combined w/living · open concept

Family RoomMain5.20 × 3.89 m

overlooks backyard · built-in speakers · gas fireplace

Bedroom 3Second3.47 × 2.56 m

hardwood floor · closet organizers · double closet

BedroomLower3.72 × 2.32 m

heated floor · above grade window · closet organizers

KitchenLower5.07 × 4.56 m

b/i ctr-top stove · custom backsplash · heated floor

BathroomLower2.52 × 2.09 m

4 pc bath · soaking tub · b/i vanity

BathroomSecond2.69 × 1.56 m

4 pc ensuite · double sink · pocket doors

KitchenFlat5.14 × 4.59 m

b/i fridge · b/i microwave · custom backsplash

Bedroom 2Second5.36 × 2.56 m

hardwood floor · closet organizers · overlooks frontyard

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.80Mest. value

Listed at $2,395,000, this home is tracking about 33% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.31M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, listed at $2.50M
  • Bedrooms +$60K
  • Bathrooms −$15K
  • Adjusts to $2.54M

That comparable adjusts to $2.54M; the $1.80M estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Humewood Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. St Clair Ave West at Arlington Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.56MGreat deal$2.40MOverpriced

Total price vs nearby homes. Fair value about $1.80M, median of 12 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.

  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.33Mavg asking

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

12 Bingley Road$1000k10B Holmstead Avenue$1.80M49 Butterworth Avenue$1.39M65 Becca Hall Trail$1.15M

The 4 closest active listings nearby.

See all comparable homes
2.40MThis home1000k1.80M1.39M1.15MThis home vs active comparables
Live market pulseActive comparables in Humewood-Cedarvale · median list $2.50M
$1,369this home / sqft
12active listings nearby
59days on market

This home lists 38% above the area average of $989/sqft.

58 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

Humewood-Cedarvale, 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.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: St Clair Ave West at Arlington Ave, about 320 m away

20+ transit stops5 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Alderwood
$998K

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 Humewood Community School
75%
Humewood Community SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$10,916/mo
$433KIncome needed
5.5×Price ÷ income
$2,519Weekly 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.

95%mortgage
Mortgage $10,916Property tax $527Total carry $11,443

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,224per month

Mortgage amount $1,916,000 · 4.14% over 25 years

$479,000Down payment (20.0%)
$1,916,000Loan before insurance
$0CMHC premium
$10,752Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,224
Property tax
$527
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,752

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

One-time closing costs

Ontario land transfer tax
$46,350
Toronto municipal land transfer tax
$46,350
Estimated closing costs
$92,700

Plus your down payment of $479,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,419/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

$1,151,346Total interest paid
$3,067,346Total of all payments
Principal $1,916,000 Interest $1,151,346
YearPrincipalInterestBalance
1$44,885$77,809$1,871,115
2$46,763$75,931$1,824,352
3$48,719$73,975$1,775,633
4$50,757$71,937$1,724,877
5$52,880$69,814$1,671,997
6$55,092$67,602$1,616,905
7$57,396$65,298$1,559,509
8$59,797$62,897$1,499,713
9$62,298$60,396$1,437,415
10$64,904$57,790$1,372,511
11$67,619$55,075$1,304,892
12$70,447$52,247$1,234,445
13$73,394$49,300$1,161,052
14$76,464$46,230$1,084,588
15$79,662$43,032$1,004,926
16$82,994$39,700$921,932
17$86,466$36,228$835,466
18$90,082$32,611$745,384
19$93,850$28,843$651,534
20$97,776$24,918$553,758
21$101,866$20,828$451,892
22$106,127$16,567$345,765
23$110,566$12,128$235,199
24$115,191$7,503$120,009
25$120,009$2,685$0

At the end of your 5-year term

Total paid over the term
$613,469
Principal paid down
$244,003
Interest paid
$369,466
Balance remaining
$1,671,997

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$3,150/mo
$37,800Gross annual rent
1.1%Est. cap rate

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 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.

1.6%
Gross yield
− Property tax $6,325− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,917

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

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