137 Florence Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C13455246
About this home
Welcome to this custom-built, meticulously maintained home in the coveted Lansing-Westgate community-where thoughtful design, luxurious finishes, and exceptional craftsmanship come together seamlessly. Surrounded by parks and the Stuart Greenbelt, this property offers a rare country-like setting with beautiful city views. Generously appointed rooms with soaring ceilings, abundant natural light, and an airy, elegant feel define every level of this home. Beautifully finished with solid oak floors, potlights, solid-wood California shutters, and 8' doors throughout; the attention to detail is unmatched! The stunning custom gourmet kitchen features top-of-the-line appliances, exquisite finishes, and a massive island with built-in sink and breakfast bar-perfect for family gatherings and everyday living. An adjoining family room enhances comfort and flow, with a walk-out to a deck overlooking your backyard oasis. The sophisticated living/dining room impresses with French doors, Juliette balconies, a coffered ceiling and a natural gas fireplace-ideal for entertaining. The serene primary suite includes a walk-in closet and luxurious 5-piece ensuite. All bedrooms feature closet organizers and large picture windows. A fully finished basement suite includes a family-sized kitchen and radiant-flooring (roughed-in), with a completely private entrance-perfect as a rental unit of for multi-generational living and entertaining. Step outside to fully landscaped grounds with exterior lighting and an exquisite resort-style backyard featuring a saltwater pool, cabana, gazebo, and illuminated water tower. A full double-car garage (EGDO) completes the offering. Minutes to the highway, steps to TTC, Mel Lastman Square, shopping, dining, and top-tier schools. A truly exceptional home in a warm, welcoming community where no detail has been missed!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13455246
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 7.63 × 39.04 ft
- Cross streets
- Yonge Street & Sheppard Avenue
- Parking
- 2 garage (built-in)
- Driveway
- Available
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Outdoor, Inground, Salt
- Property tax
- $11,245 / 2025
- Days on market
- 35
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
b/i bookcase · hardwood floor
coffered ceiling(s) · hardwood floor · picture window
combined w/living · formal rm · panelled
closet organizers · hardwood floor · large window
centre island · granite counters · eat-in kitchen
closet organizers · hardwood floor · picture window
coffered ceiling(s) · walk-in closet(s) · ensuite bath
family size kitchen · walk-out · above grade window
combined w/dining · coffered ceiling(s) · fireplace
Listed at $2,399,000, this home is within the range of comparable homes, on the higher 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 35 days.
Based on 59 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 59 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.04M, a close match. 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 $2.00M
- Bathrooms +$30K
- Adjusts to $2.03M
That comparable adjusts to $2.03M; the $2.06M estimate above is the median of all 59 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.
Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $2.06M, median of 59 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 13% above the area average of $941/sqft.
34 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Lansing-Westgate, 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 $1,919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,242
- Property tax
- $937
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,179
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Toronto municipal land transfer tax
- $46,450
- Estimated closing costs
- $92,900
Plus your down payment of $479,800. 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
- $614,494
- Principal paid down
- $244,411
- Interest paid
- $370,083
- Balance remaining
- $1,674,789
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.