137 Highbourne Road, Toronto, ON

Yonge-Eglinton, Toronto · MLS® C13225368

$3,495,000
For Sale
Listed 51 days ago
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7Bedrooms
6Bathrooms
1Garage · 4 parking
3500-5000Sq Ft

About this home

Two Large Units in a Prime Location! Welcome to this stunning, fully renovated duplex in the highly sought-after Chaplin Estates. This impressive property features two spacious units: a main floor plus basement unit totaling 2,268 sq.ft. with 3+1 bedrooms and 3 bathrooms; Additionally a massive 2,403 sq.ft. 3-bedroom, 3-bathroom suite spanning the second and third floors. The main floor suite offers ample living and dining spaces, perfect for comfortable family living. The basement features a large rec room, a 4-piece bathroom, plus a bedroom with a 2-piece ensuite, providing versatile living options. The upper two floors house an expansive suite that blends luxury and functionality. Enjoy a massive living room and formal dining area filled with natural light, along with a generous family room, private den, and separate home office. A gorgeous terrace off the family room offers a peaceful outdoor retreat in the city. This suite has been extensively renovated with premium finishes, modern fixtures, and top-tier appliances throughout, combining elegance and practicality.Located just moments from the new LRT subway station, this duplex offers unparalleled convenience for commuting, along with easy access to trendy restaurants, boutique shops, public transit, and TTC options. Chaplin Estates is renowned for its tree-lined streets, community charm, parks, and excellent public and private schools, making this property ideal as a family home or a savvy investment. Additional features include separate utilities, large windows providing abundant natural light, tasteful neutral decor, and comprehensive infrastructure upgrades that ensure comfort and safety year-round. Offering versatility, generous space, and a prime location, this duplex is perfect for living in one unit while renting the other, multigenerational families, or investors seeking a high-demand neighbourhood. Don't miss this rare opportunity to own a beautifully renovated duplex in Chaplin Estates. Welcome home!

Key facts

Property type
Other, 3-Storey
MLS®
C13225368
Bedrooms
7 (6 + 1)
Bathrooms
6 (2 half)
Size
3500-5000
Lot
68.5 × 60 ft
Cross streets
Avenue Road and Oriole Pkwy
Parking
1 garage · 4 parking (attached)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$17,065 / 2025
Days on market
51
Listing brokerage
ROYAL LEPAGE/J & D DIVISION

Rooms

BedroomMain3.66 × 3.66 m
Media RoomSecond3.76 × 3.73 m
Dining RoomSecond4.04 × 3.51 m
KitchenSecond4.19 × 3.96 m
BedroomMain3.43 × 2.51 m
Utility RoomLower6.63 × 3.30 m
OfficeThird3.76 × 2.36 m
BedroomThird3.84 × 2.90 m
BedroomMain3.86 × 3.68 m
Dining RoomMain3.94 × 3.43 m
BedroomThird3.63 × 3.48 m
FoyerMain4.24 × 1.22 m
BedroomLower3.84 × 3.05 m
Primary BedroomThird3.91 × 3.66 m
LaundryLower2.18 × 1.80 m
Family RoomSecond5.08 × 3.96 m
Living RoomMain6.02 × 3.96 m
BreakfastSecond3.02 × 2.21 m
Living RoomSecond5.46 × 5.38 m
RecreationLower5.13 × 4.39 m
KitchenMain3.94 × 2.64 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.58Mest. value

Listed at $3,495,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Yonge-Eglinton lately, sellers have been getting about 94% of asking and homes sell in about 27 days.

There were not many closely comparable homes right in Yonge-Eglinton, so I widened the search to the surrounding area.

Based on 47 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 47 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.48M, 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, sold for $5.90M
  • Bedrooms +$60K
  • Adjusts to $5.96M

That comparable adjusts to $5.96M; the $4.58M estimate above is the median of all 47 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 Oriole Park Junior Public School, 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
$3.50MGreat deal$5.69MOverpriced

Total price vs nearby homes. Fair value about $4.58M, median of 47 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Comparable listingsCurrently listed nearby · asking prices
$2.19Mavg asking

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

42 Stonebridge Boulevard$1.59M33 Bevdale Road$2.10M441 Guildwood Parkway$2.88M

The 3 closest active listings nearby.

See all comparable homes
3.50MThis home1.59M2.10M2.88MThis home vs active comparables
Live market pulseActive comparables in Yonge-Eglinton · median list $1.87M
$822this home / sqft
23active listings nearby
51days on market
32sold nearby · 90 days
$3.34Mmedian sold price
94%of asking, on average

This home lists 26% below the area average of $1,107/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Yonge-Eglinton, 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
$1.41M
Bay Street Corridor
$495K
Church-Yonge Corridor
$565K
Moss Park
$569K
Waterfront Communities C1
$698K

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 Oriole Park Junior Public School
100%
Oriole Park Junior Public SchoolPublic · Elementary · 0.3 km awayAmong the top in the GTA · 100% meet the provincial standard

Affordability & Mortgage

Affordability
$15,929/mo
$654KIncome needed
5.3×Price ÷ income
$3,676Weekly 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 $15,929Property tax $1,422Total carry $17,351

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)
$14,920per month

Mortgage amount $2,796,000 · 4.14% over 25 years

$699,000Down payment (20.0%)
$2,796,000Loan before insurance
$0CMHC premium
$16,343Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,920
Property tax
$1,422
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,343

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

One-time closing costs

Ontario land transfer tax
$73,850
Toronto municipal land transfer tax
$78,800
Estimated closing costs
$152,650

Plus your down payment of $699,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,122/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

$1,680,148Total interest paid
$4,476,148Total of all payments
Principal $2,796,000 Interest $1,680,148
YearPrincipalInterestBalance
1$65,501$113,545$2,730,499
2$68,240$110,806$2,662,259
3$71,095$107,951$2,591,164
4$74,069$104,977$2,517,096
5$77,167$101,879$2,439,929
6$80,395$98,651$2,359,534
7$83,757$95,289$2,275,777
8$87,261$91,785$2,188,516
9$90,911$88,135$2,097,605
10$94,713$84,332$2,002,892
11$98,675$80,371$1,904,217
12$102,803$76,243$1,801,414
13$107,103$71,943$1,694,311
14$111,583$67,463$1,582,729
15$116,250$62,796$1,466,479
16$121,112$57,933$1,345,366
17$126,178$52,867$1,219,188
18$131,456$47,590$1,087,732
19$136,955$42,091$950,777
20$142,684$36,362$808,093
21$148,652$30,394$659,442
22$154,870$24,176$504,572
23$161,348$17,698$343,224
24$168,097$10,949$175,128
25$175,128$3,918$0

At the end of your 5-year term

Total paid over the term
$895,230
Principal paid down
$356,071
Interest paid
$539,158
Balance remaining
$2,439,929

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$7,350/mo
$88,200Gross annual rent
1.7%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.

2.5%
Gross yield
− Property tax $17,065− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,033

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

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