585 Bedford park Avenue, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13199882

$4,688,000
For Sale
Listed 57 days ago
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5Bedrooms
6Bathrooms
3Garage · 7 parking
3000-3500Sq Ft

About this home

State-of-the-art modern masterpiece in the heart of Bedford Park. A great Family home showcasing impeccable craftsmanship, designer finishes, and cutting-edge technology across approx. 5,000 sq. ft. of luxurious living space with tons of storage space for everyday living. The main level offers soaring 10' ceilings, engineered oak hardwood floors, panelled walls, and expansive picture windows that flood the home with natural light. A gourmet chefs kitchen is equipped with custom cabinetry, porcelain countertops, and a full suite of Miele appliances, seamlessly flowing into the family room with gas fireplace and walkout to a sun-filled deck with BBQ hookup. A butlers pantry, elegant dining room, private study, and bright living room complete the level.Upstairs, the primary retreat boasts a walk-in closet, balcony, and a spa-inspired 7-piece ensuite with freestanding tub, double vanity, and seamless glass shower. Each additional bedroom includes its own ensuite and custom closet.The lower level features radiant heated floors, a recreation room with home theatre potential, nanny's suite with semi-ensuite, gym/golf simulation rough-in, walkout to yard, and direct garage access. Luxury living at its finest in one of Torontos most desirable neighbourhoods

Key facts

Property type
Detached, 2-Storey
MLS®
C13199882
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3000-3500
Lot
40 × 120 ft
Cross streets
Avenue And Lawrence
Parking
3 garage · 7 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$17,956 / 2025
Days on market
57
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
Our TakeTeam Asgarian · Broker
Above comparables
$3.68Mest. value

Listed at $4,688,000, and my independent estimate is about 27% above what comparable homes suggest.

In Bedford Park-Nortown lately, sellers get about 95% of asking; homes sell in ~28 days.

List price
$3.45MGreat deal$4.69MOverpriced

Total price vs nearby homes. Fair value about $3.68M, median of 6 comparables.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 6 most comparable recent listings 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 listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $3.91M, a close match.

What the listing highlights5 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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

Based on 6 comparable homes nearby.

Comparable listingsCurrently listed nearby in Bedford Park-Nortown · asking prices
$3.53Mavg asking

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

674 Bedford Park Avenue$3.43M377 Brooke Avenue$4.00M214 Brooke Avenue$3.50M580 Brookdale Avenue$2.90M107 Esgore Drive$3.85M

The 5 closest of 6 active listings nearby.

See all comparable homes
4.69MThis home3.43M4.00M3.50M2.90M3.85MThis home vs active comparables
Live market pulseActive comparables in Bedford Park-Nortown · median list $3.85M
$1,442this home / sqft
17active listings nearby
57days on market
100sold nearby · 90 days
$2.34Mmedian sold price
95%of asking, on average

This home lists 34% above the area average of $1,074/sqft.

56 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

Bedford Park-Nortown, 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.

Leaside
$1.73M
Willowdale West
$2.10M
Danforth Village-East York
$883K
Stonegate-Queensway
$1.63M
Clairlea-Birchmount
$880K

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 Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$21,366/mo
$861KIncome needed
5.4×Price ÷ income
$4,931Weekly 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 $21,366Property tax $1,496Total carry $22,863

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)
$20,014per month

Mortgage amount $3,750,400 · 4.14% over 25 years

$937,600Down payment (20.0%)
$3,750,400Loan before insurance
$0CMHC premium
$21,510Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,014
Property tax
$1,496
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21,510

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

One-time closing costs

Ontario land transfer tax
$103,675
Toronto municipal land transfer tax
$127,435
Estimated closing costs
$231,110

Plus your down payment of $937,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$24,308/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

$2,253,658Total interest paid
$6,004,058Total of all payments
Principal $3,750,400 Interest $2,253,658
YearPrincipalInterestBalance
1$87,859$152,303$3,662,541
2$91,534$148,628$3,571,007
3$95,363$144,800$3,475,644
4$99,352$140,811$3,376,293
5$103,507$136,655$3,272,786
6$107,837$132,326$3,164,949
7$112,347$127,815$3,052,601
8$117,047$123,116$2,935,555
9$121,943$118,220$2,813,612
10$127,043$113,119$2,686,569
11$132,357$107,805$2,554,211
12$137,894$102,269$2,416,317
13$143,662$96,501$2,272,656
14$149,671$90,492$2,122,985
15$155,931$84,231$1,967,054
16$162,454$77,709$1,804,600
17$169,249$70,914$1,635,352
18$176,328$63,834$1,459,023
19$183,704$56,459$1,275,320
20$191,388$48,775$1,083,932
21$199,393$40,769$884,538
22$207,734$32,429$676,805
23$216,423$23,740$460,382
24$225,475$14,687$234,907
25$234,907$5,256$0

At the end of your 5-year term

Total paid over the term
$1,200,812
Principal paid down
$477,614
Interest paid
$723,197
Balance remaining
$3,272,786

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
1.0%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 $17,956− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $47,928

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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