89 Stuart Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13154396

$3,498,888
For Sale
Listed 62 days ago
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5Bedrooms
6Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

An extraordinary custom-built architectural masterpiece completed in 2023 where no detail was overlooked and no expense was spared. Designed for end-user luxury living, this one-of-a-kind residence blends timeless elegance with modern sophistication in one of Toronto's most sought-after neighbourhoods.Featuring exceptional craftsmanship and premium finishes throughout, this stunning home offers4 spacious bedrooms upstairs, each with its own private ensuite and custom built-in closets,while the primary retreat features a luxurious walk-in closet and spa-inspired ensuite.The heart of the home is the show-stopping custom kitchen with a beautifully designed oversized island, premium high-end appliances, designer finishes, and exceptional millwork. Expansive floor-to-ceiling doors flood the home with natural light and open seamlessly to a massive entertaining deck overlooking the professionally landscaped backyard with an additional patio area, creating the ultimate indoor-outdoor lifestyle.A striking mono-beam staircase serves as a true architectural focal point. Additional luxury features include built-in speakers, exterior security cameras, premium exterior lighting,heated basement floors, snow-melt driveway system, oversized windows and doors, and custom finishes throughout.The bright walk-up basement offers excellent ceiling height, abundant natural light, and an additional bedroom ideal for guests, extended family, nanny suite, or recreation space.Ideally located in a highly desirable family-friendly neighbourhood steps to parks, walking trails, tennis clubs, top-rated schools, transit, shopping, restaurants, and Hwy 401. Close to Armour Heights P.S., Cameron P.S., Cardinal Carter Academy for the Arts, and Loretto Abbey Catholic Secondary School.A rare opportunity to own a truly exceptional luxury residence built to the highest standards in an unbeatable Toronto location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13154396
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3000-3500
Lot
41.93 × 129.94 ft
Cross streets
Yonge - Sheppard
Parking
2 garage · 6 parking (built-in)
Driveway
Available
Basement
Walk-Up, Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Foundation
Concrete
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$15,693 / 2025
Days on market
62
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

RecreationBasement0.00 × 0.00 m

bar sink · 3 pc bath · large window

KitchenGround0.00 × 0.00 m

b/i appliances · pantry · centre island

Dining RoomGround0.00 × 0.00 m

hardwood floor · large window · skylight

Bedroom 4Second0.00 × 0.00 m

hardwood floor · b/i closet · large window

FoyerGround0.00 × 0.00 m

tile floor · panelled

Living RoomGround0.00 × 0.00 m

hardwood floor · large window · skylight

Bedroom 2Second0.00 × 0.00 m

hardwood floor · b/i closet · large window

Family RoomGround0.00 × 0.00 m

hardwood floor · built-in speakers · fireplace

Powder RoomGround0.00 × 0.00 m

hidden lights · tile floor

Bedroom 5Basement0.00 × 0.00 m

tile floor · window · b/i closet

Primary BedroomSecond0.00 × 0.00 m

large window · walk-in closet(s) · 5 pc bath

Bedroom 3Second0.00 × 0.00 m

hardwood floor · b/i closet · large window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.77Mest. value

Listed at $3,498,888, this home is about 26% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Lansing-Westgate lately, sellers have been getting about 95% of asking and homes sell in about 35 days.

Based on 58 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 58 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.91M, 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 $3.65M
  • Adjusts to $3.65M

That comparable adjusts to $3.65M; the $2.77M estimate above is the median of all 58 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.

Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$2.32MGreat deal$3.50MOverpriced

Total price vs nearby homes. Fair value about $2.77M, median of 58 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • 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
Comparable listingsCurrently listed nearby in Lansing-Westgate · asking prices
$3.15Mavg asking

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

17 Romney Road$3.95M291 Poyntz Avenue$3.50M20 Walker Road$2.85M58 Johnston Avenue$2.79M218 Cameron Avenue$2.68M

The 5 closest of 6 active listings nearby.

See all comparable homes
3.50MThis home3.95M3.50M2.85M2.79M2.68MThis home vs active comparables
Live market pulseActive comparables in Lansing-Westgate · median list $3.48M
$1,077this home / sqft
16active listings nearby
62days on market
97sold nearby · 90 days
$2.35Mmedian sold price
95%of asking, on average

This home lists 22% above the area average of $881/sqft.

61 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

Lansing-Westgate, 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
$2.28M
Willowdale East
$3.00M
Leaside
$1.73M
L'Amoreaux
$1.54M
Danforth Village-East York
$1000K

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 Cameron Public School
81%
Cameron Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$15,947/mo
$651KIncome needed
5.4×Price ÷ income
$3,680Weekly 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 $15,947Property tax $1,308Total carry $17,255

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,937per month

Mortgage amount $2,799,110 · 4.14% over 25 years

$699,778Down payment (20.0%)
$2,799,110Loan before insurance
$0CMHC premium
$16,245Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,937
Property tax
$1,308
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,245

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

One-time closing costs

Ontario land transfer tax
$73,947
Toronto municipal land transfer tax
$78,936
Estimated closing costs
$152,883

Plus your down payment of $699,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,142/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

$1,682,017Total interest paid
$4,481,128Total of all payments
Principal $2,799,110 Interest $1,682,017
YearPrincipalInterestBalance
1$65,573$113,672$2,733,537
2$68,316$110,929$2,665,221
3$71,174$108,071$2,594,047
4$74,151$105,094$2,519,896
5$77,253$101,992$2,442,643
6$80,484$98,761$2,362,159
7$83,851$95,395$2,278,309
8$87,358$91,887$2,190,951
9$91,012$88,233$2,099,939
10$94,819$84,426$2,005,120
11$98,785$80,460$1,906,335
12$102,917$76,328$1,803,418
13$107,222$72,023$1,696,196
14$111,707$67,538$1,584,490
15$116,379$62,866$1,468,110
16$121,247$57,998$1,346,863
17$126,319$52,926$1,220,544
18$131,603$47,643$1,088,942
19$137,107$42,138$951,835
20$142,842$36,403$808,992
21$148,817$30,428$660,175
22$155,042$24,203$505,133
23$161,527$17,718$343,606
24$168,284$10,962$175,323
25$175,323$3,923$0

At the end of your 5-year term

Total paid over the term
$896,226
Principal paid down
$356,467
Interest paid
$539,758
Balance remaining
$2,442,643

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$6,300/mo
$75,600Gross annual rent
1.4%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.

2.2%
Gross yield
− Property tax $15,693− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,191

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

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