148 Delhi Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13454948

$2,899,018
For Sale
Listed 35 days ago
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6Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Nestled in the heart of Armour Heights, this exceptional 5-bedroom residence sits on an expansive 55 x174 ft lot and showcases refined living at every turn. Thoughtfully designed with luxury in mind, the home features a stunning primary retreat complete with a spa-inspired ensuite offering a jacuzzi tub, steam shower, heated floors, and a walk-out to a private balcony overlooking the beautifully landscaped backyard and inground pool. The chef's kitchen is outfitted with top-of-the-line Sub-Zero, Wolf, and Miele appliances, including a built-in Miele coffee system, and is centred around a generous granite island. French doors from both the kitchen and family room create a seamless connection to the resort- style outdoor setting. Four gas fireplaces enhance the ambiance throughout the home, while the lower level offers radiant heated floors (excluding storage), a fully equipped home theatre, temperature- controlled wine cellar, wet bar, gym with ensuite, spacious recreation area with walk-up to the yard, as well as a jacuzzi and sauna. A grand foyer welcomes you with a striking custom chandelier, leading to a dramatic circular staircase that serves as a true architectural focal point. Each additional bedroom features its own ensuite, ensuring comfort and privacy throughout. Premium finishes include Italian Calacatta marble, custom ceiling details, skylights, and thoughtful design elements throughout. Additional conveniences include laundry on both the main and lower levels with chute, and a Generac generator for added peace of mind. A rare offering defined by craftsmanship, scale, and attention to detail.

Key facts

Property type
Detached, 2-Storey
MLS®
C13454948
Bedrooms
6 (5 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
55 × 174 ft
Cross streets
Avenue Rd / Wilson Ave
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$17,110 / 2025
Days on market
35
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Family RoomMain5.18 × 5.03 m

gas fireplace · b/i bookcase · walk-out

Bedroom 2Second5.49 × 3.96 m

hardwood floor · 4 pc ensuite

Media RoomLower5.80 × 3.96 m

Built-in Speakers

SittingSecond3.50 × 3.05 m

hardwood floor · walk-in closet(s)

Bedroom 3Second4.88 × 3.96 m

hardwood floor · 3 pc ensuite

Exercise RoomLower3.81 × 3.81 m

mirrored walls · 4 pc ensuite

RecreationLower4.88 × 4.65 m

gas fireplace · b/i bookcase · walk-up

Primary BedroomSecond5.80 × 4.72 m

hardwood floor · gas fireplace · w/o to balcony

OtherLower3.35 × 3.35 m

sauna · 4 pc ensuite

Bedroom 5Second4.27 × 3.50 m

hardwood floor · double closet

Dining RoomMain4.56 × 3.96 m

hardwood floor · combined w/living

LibraryMain3.43 × 3.28 m

hardwood floor · panelled · walk-out

BedroomLower3.35 × 3.05 m

Broadloom

Bedroom 4Second3.96 × 3.66 m

hardwood floor · 3 pc ensuite

KitchenMain7.16 × 4.27 m

marble floor · marble counter

Living RoomMain4.27 × 4.10 m

hardwood floor · combined w/dining · gas fireplace

Moe’s TakeTeam Asgarian · Broker
In line
$3.43Mest. value

Listed at $2,899,018, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Lansing-Westgate lately, sellers have been getting about 96% of asking and homes sell in about 38 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 $3.38M, 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 $1.30M
  • Bedrooms −$60K
  • Bathrooms +$60K
  • Adjusts to $1.30M

That comparable adjusts to $1.30M; the $3.43M 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 Summit Heights 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
$2.89MGreat deal$3.88MOverpriced

Total price vs nearby homes. Fair value about $3.43M, 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.

  • 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Comparable listingsCurrently listed nearby in Lansing-Westgate · asking prices
$2.96Mavg asking

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

215 Elmhurst Avenue$2.99M12 Florence Avenue$1.90M41 Wentworth Avenue$2.95M243 Florence Avenue$4.00M

The 4 closest active listings nearby.

See all comparable homes
2.90MThis home2.99M1.90M2.95M4.00MThis home vs active comparables
Live market pulseActive comparables in Lansing-Westgate · median list $3.59M
$682this home / sqft
12active listings nearby
35days on market
81sold nearby · 90 days
$2.60Mmedian sold price
96%of asking, on average

This home lists 22% below the area average of $875/sqft.

34 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

Lansing-Westgate, 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.

Bedford Park-Nortown
$4.46M
Willowdale East
$3.00M
Danforth Village-East York
$1000K
L'Amoreaux
$1.54M
Birchcliffe-Cliffside
$1.69M

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 Summit Heights Public School
85%
Summit Heights Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$13,213/mo
$553KIncome needed
5.2×Price ÷ income
$3,049Weekly 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.

90%mortgage
Mortgage $13,213Property tax $1,426Total carry $14,639

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,376per month

Mortgage amount $2,319,214 · 4.14% over 25 years

$579,804Down payment (20.0%)
$2,319,214Loan before insurance
$0CMHC premium
$13,802Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,376
Property tax
$1,426
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,802

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

One-time closing costs

Ontario land transfer tax
$58,950
Toronto municipal land transfer tax
$58,950
Estimated closing costs
$117,901

Plus your down payment of $579,804. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,032/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

$1,393,642Total interest paid
$3,712,857Total of all payments
Principal $2,319,214 Interest $1,393,642
YearPrincipalInterestBalance
1$54,331$94,183$2,264,883
2$56,604$91,910$2,208,279
3$58,971$89,543$2,149,308
4$61,438$87,076$2,087,870
5$64,008$84,506$2,023,862
6$66,685$81,829$1,957,177
7$69,475$79,040$1,887,702
8$72,381$76,134$1,815,321
9$75,408$73,106$1,739,913
10$78,562$69,952$1,661,350
11$81,849$66,666$1,579,502
12$85,272$63,242$1,494,229
13$88,839$59,675$1,405,390
14$92,555$55,959$1,312,835
15$96,427$52,088$1,216,409
16$100,460$48,054$1,115,949
17$104,662$43,852$1,011,287
18$109,040$39,474$902,247
19$113,601$34,913$788,646
20$118,353$30,162$670,294
21$123,303$25,211$546,991
22$128,461$20,054$418,530
23$133,834$14,680$284,696
24$139,432$9,082$145,264
25$145,264$3,250$0

At the end of your 5-year term

Total paid over the term
$742,571
Principal paid down
$295,353
Interest paid
$447,219
Balance remaining
$2,023,862

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
2.1%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.

3.0%
Gross yield
− Property tax $17,110− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $59,988

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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