19 Michigan Drive, Toronto, ON
Newtonbrook East, Toronto · MLS® C13206460
About this home
Experience exceptional luxury in this custom-built 3-car garage estate, situated on a premium 80 x 129 ft. large lot, offering over 7,000 sq. ft. of exquisite living space in one of North York's most prestigious neighbourhoods. Designed with elegance and functionality in mind, this magnificent residence features a designer gourmet kitchen with premium built-in appliances, expansive sun-filled windows, and sophisticated finishes throughout. Boasting 5 spacious bedrooms, each complete with its own private ensuite, the home offers unparalleled comfort and privacy for the entire family. Grand principal rooms, soaring ceilings, and timeless architectural details create an atmosphere of refined luxury and upscale living.Perfectly designed for both everyday family living and elegant entertaining, the home showcases bright open-concept spaces and seamless indoor-outdoor flow. The professionally finished walk-up basement with direct access to the backyard provides exceptional flexibility for extended family living, recreation, or entertaining. Step outside to a professionally landscaped backyard retreat featuring a stunning wood deck, ideal for relaxing or hosting guests.This rare offering also features a highly desirable 3-car garage and is ideally located close to parks, shopping, transit, and everyday amenities, while nestled in a peaceful and highly sought-after neighbourhood that offers both convenience and tranquillity.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13206460
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 80 × 129.02 ft
- Cross streets
- Steeles Ave E. / Bayview Ave.
- Parking
- 3 garage · 9 parking (built-in)
- Basement
- Finished, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $22,155 / 2025
- Days on market
- 51
- Listing brokerage
- HC REALTY GROUP INC.
Rooms
window · tile floor
above grade window · laminate
Tile Floor
b/i bookcase · window · hardwood floor
bay window · fireplace · hardwood floor
combined w/living · window · hardwood floor
b/i appliances · centre island · tile floor
combined w/kitchen · bay window · tile floor
w/o to yard · fireplace · hardwood floor
fireplace · 6 pc ensuite · hardwood floor
closet organizers · 4 pc ensuite · hardwood floor
closet organizers · 4 pc ensuite · hardwood floor
closet organizers · 4 pc ensuite · hardwood floor
closet organizers · 4 pc ensuite · hardwood floor
w/o to yard · bar sink · laminate
above grade window · 4 pc ensuite · laminate
Listed at $3,899,000, this home is about 8% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.90M, 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, listed at $4.50M
- Bedrooms +$30K
- Adjusts to $4.53M
That comparable adjusts to $4.53M; the $4.24M estimate above is the median of all 7 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.
Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Steeles Ave East at Maxome Ave is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $4.24M, median of 7 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $836/sqft.
50 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Steeles Ave East at Maxome Ave, about 204 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,119,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,645
- Property tax
- $1,846
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,491
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,950
- Toronto municipal land transfer tax
- $92,940
- Estimated closing costs
- $176,890
Plus your down payment of $779,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $998,713
- Principal paid down
- $397,231
- Interest paid
- $601,482
- Balance remaining
- $2,721,969
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HC REALTY GROUP INC.. MLS®/PropTx.