78 Gerald Street, Toronto, ON
St. Andrew-Windfields, Toronto · MLS® C13433280
About this home
Welcome to 78 Gerald St, a rare opportunity on a quiet, prestigious street in one of Toronto's most coveted neighbourhoods. Set on a private 80X200 premium lot this substantial residence offers exceptional scale, beautiful proportions with 4470 + 2104 sq ft of living space and the perfect foundation for a truly remarkable transformation. A two-storey foyer sets the tone, leading to expansive principal rooms and an open-concept layout designed for both everyday living and elegant entertaining. The home features a three-car garage, generous living spaces, multiple fireplaces, and a finished lower level offering excellent flexibility for family living, recreation, or future customization.The upper level is anchored by a spacious primary retreat with ensuite, complemented by additional well-sized bedrooms ideal for growing families. The lower level provides ample recreation space and storage, with outstanding potential to elevate into a high-end retreat. Step outside to a private backyard oasis, offering tranquility, privacy, and endless opportunity to create something spectacular. Bring your Contractor...bring your designer bring your vision.... this home can be transformed into a truly exceptional custom residence surrounded by luxury estates, top schools, parks, and convenient access to major routes and downtown. A rare offering. An extraordinary opportunity. **SOME PHOTOS ARE VIRTUALLY STAGED/AND OR DIGITALLY ENHANCED FOR ILLUSTRATION PURPOSES ONLY.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13433280
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (2 half)
- Size
- 5,000 sq ft
- Lot
- 80 × 200.65 ft
- Cross streets
- Bayview/Truman
- Parking
- 3 garage · 9 parking (attached)
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $22,052 / 2025
- Days on market
- 41
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Rooms
walk-in closet(s) · overlooks backyard
fireplace · hardwood floor · large window
6 pc bath · his and hers closets · double doors
centre island · breakfast area · b/i appliances
hardwood floor · fireplace · overlooks backyard
b/i bookcase · wood
walk-in closet(s) · 4 pc bath · overlooks frontyard
Overlooks Frontyard
3 Pc Ensuite
hardwood floor · double doors
Listed at $3,680,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In St. Andrew-Windfields lately, sellers have been getting about 95% of asking and homes sell in about 42 days.
Based on 40 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 40 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.57M, 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 $4.55M
- Bathrooms −$30K
- Adjusts to $4.52M
That comparable adjusts to $4.52M; the $3.48M estimate above is the median of all 40 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 York Mills Collegiate Institute, 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.
Total price vs nearby homes. Fair value about $3.48M, median of 40 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $1,104/sqft.
40 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
St. Andrew-Windfields, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,944,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $15,710
- Property tax
- $1,838
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,548
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $78,475
- Toronto municipal land transfer tax
- $85,275
- Estimated closing costs
- $163,750
Plus your down payment of $736,000. 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
- $942,617
- Principal paid down
- $374,919
- Interest paid
- $567,698
- Balance remaining
- $2,569,081
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
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 HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.