586 Broadway Avenue, Toronto, ON

Leaside, Toronto · MLS® C13239628

$3,950,000
For Sale
Listed 48 days ago
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4Bedrooms
5Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

Welcome to 586 Broadway Ave. an exceptional custom-built residence situated in the heart of Leaside, designed by a boutique architectural and interior design firm - Terentii Studio. This expertly crafted build features modern contemporary aesthetics, crafted with the finest premium material such as wide oak plank flooring, herring bone floor, premium porcelain tiles with gold inlays and custom cabinetry and millwork throughout. The basement features a large walkout at almost ground level, allowing ample natural light to flood in. Main floor boasts an open concept layout with exceptional amount of space and storage. Second floor offers spacious rooms, each with it's own custom design ensuites. Equipped with 2 furnaces, 2 ACs, radiant heated basement, radiant heated kitchen/family and master bathroom electrically heated, offering exceptional temperature control with year-round comfort throughout the house. No expenses have been spared, I invite you to come view and experience this pinnacle of elegance and comfort for yourself, 586 Broadway Ave.

Key facts

Property type
Detached, 2-Storey
MLS®
C13239628
Bedrooms
4
Bathrooms
5 (1 half)
Size
2000-2500
Lot
30 × 125 ft
Cross streets
Eglinton Ave E. & Laird Dr.
Parking
1 garage · 3 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Rolled, Asphalt Shingle
Sewer
Sewer
Property tax
$14,086 / 2025
Days on market
48
Listing brokerage
RIGHT AT HOME REALTY

Rooms

PantryGround2.22 × 2.01 m
KitchenGround6.70 × 3.76 m
RecreationBasement6.45 × 4.80 m
Bedroom 3Second3.05 × 3.05 m
Dining RoomGround3.51 × 2.87 m
Family RoomGround5.84 × 3.05 m
Living RoomGround3.51 × 2.87 m
Primary BedroomSecond4.98 × 3.65 m
Bedroom 2Second3.77 × 3.61 m
Bedroom 4Basement3.61 × 2.69 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for Leaside High 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.

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. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Leaside · asking prices
$2.45Mavg asking

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

96 Southvale Drive$2.20M10 Noel Avenue$3.50M146 Glenvale Boulevard$2.69M64 Parklea Drive$1.41M

The 4 closest active listings nearby.

See all comparable homes
3.95MThis home2.20M3.50M2.69M1.41MThis home vs active comparables
Live market pulseActive comparables in Leaside · median list $3.40M
$1,756this home / sqft
8active listings nearby
48days on market
98sold nearby · 90 days
$2.58Mmedian sold price
96%of asking, on average

47 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

Leaside, 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.

Danforth Village-East York
$1000K
Bedford Park-Nortown
$2.28M
Birchcliffe-Cliffside
$1.91M
Willowdale East
$3.00M
L'Amoreaux
$1.54M

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 Northlea Elementary and Middle School
84%
Northlea Elementary and Middle SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 84% meet the provincial standard

Affordability & Mortgage

Affordability
$18,003/mo
$723KIncome needed
5.5×Price ÷ income
$4,154Weekly 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.

94%mortgage
Mortgage $18,003Property tax $1,174Total carry $19,177

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)
$16,863per month

Mortgage amount $3,160,000 · 4.14% over 25 years

$790,000Down payment (20.0%)
$3,160,000Loan before insurance
$0CMHC premium
$18,037Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,863
Property tax
$1,174
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,037

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

One-time closing costs

Ontario land transfer tax
$85,225
Toronto municipal land transfer tax
$94,725
Estimated closing costs
$179,950

Plus your down payment of $790,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,482/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

$1,898,880Total interest paid
$5,058,880Total of all payments
Principal $3,160,000 Interest $1,898,880
YearPrincipalInterestBalance
1$74,028$128,327$3,085,972
2$77,124$125,231$3,008,848
3$80,350$122,005$2,928,497
4$83,711$118,644$2,844,786
5$87,213$115,142$2,757,573
6$90,861$111,494$2,666,712
7$94,661$107,694$2,572,051
8$98,621$103,734$2,473,430
9$102,746$99,609$2,370,684
10$107,044$95,311$2,263,640
11$111,521$90,834$2,152,119
12$116,186$86,169$2,035,933
13$121,046$81,309$1,914,887
14$126,109$76,246$1,788,778
15$131,384$70,971$1,657,394
16$136,880$65,476$1,520,514
17$142,605$59,750$1,377,909
18$148,570$53,785$1,229,339
19$154,785$47,571$1,074,555
20$161,259$41,096$913,296
21$168,004$34,351$745,292
22$175,032$27,324$570,260
23$182,353$20,002$387,907
24$189,980$12,375$197,927
25$197,927$4,428$0

At the end of your 5-year term

Total paid over the term
$1,011,776
Principal paid down
$402,427
Interest paid
$609,349
Balance remaining
$2,757,573

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$4,200/mo
$50,400Gross annual rent
0.7%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.

1.3%
Gross yield
− Property tax $14,086− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $29,370

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

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