231 Macpherson Avenue, Toronto, ON

Casa Loma, Toronto · MLS® C13462912

$9,750/mo
For Lease
Listed 30 days ago
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4Bedrooms
5Bathrooms
2Parking
2000-2500Sq Ft

About this home

Experience Luxury Living In This Beautifully Renovated Three-Storey Residence In The Heart Of Prestigious Summerhill, Just Steps From The Shops, Cafés, And Restaurants Along Avenue Road. This Bright And Spacious Home Features Engineered White Oak Hardwood Floors, Italian Porcelain Tile, And Designer Finishes Throughout. The Main Floor Offers Elegant Living And Dining Spaces, A Cozy Fireplace, And A Chef-Inspired Kitchen With A Large Centre Island And Breakfast Area That Walks Out To A Private, Fully Fenced Backyard Complete With A Deck And Fire Pit-Perfect For Entertaining Or Relaxing Outdoors. The Second Floor Includes Two Generously Sized Bedrooms, A Stunning 6-Piece Semi-Ensuite Bathroom, And The Convenience Of Upper-Level Laundry. Occupying The Third Floor, The Primary Suite Is A True Retreat, Filled With Natural Light From A Dramatic Skylight And Featuring A Spacious Walk-In Closet And Spa-Inspired Ensuite Bath. A Fourth Bedroom And Additional Full Bathroom Complete This Level, Offering Flexibility For Families, Guests, Or A Home Office. The Lower Level Provides Additional Living Space And A Powder Room, Ideal For A Recreation Room, Home Gym, Media Room, Or Extra Storage. Additional Highlights Include A Private Two-Car Driveway, Low-Maintenance Exterior, Mature Trees, And A Beautifully Landscaped Backyard Oasis. Ideally Located Within Walking Distance Of Dupont Station, Parks, Top Schools, Public Transit, And The Amenities Of Summerhill And Yorkville, This Exceptional Home Offers The Perfect Blend Of Luxury, Comfort, And Convenience.

Key facts

Property type
Detached, 3-Storey
MLS®
C13462912
Bedrooms
4
Bathrooms
5 (2 half)
Size
2000-2500
Lot
25 × 75.83 ft
Cross streets
Avenue Rd/Dupont St
Parking
2 parking
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
30
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Family RoomSecond6.07 × 4.07 m

fireplace · overlooks frontyard · hardwood floor

FoyerMain4.29 × 1.84 m

porcelain floor · b/i closet · closet organizers

Bedroom 2Second4.24 × 2.89 m

walk-out · hardwood floor · closet

Primary BedroomThird4.11 × 4.10 m

3 pc ensuite · walk-in closet(s) · hardwood floor

KitchenMain4.15 × 2.86 m

centre island · stainless steel appl · backsplash

Bedroom 3Third6.07 × 3.54 m

double closet · hardwood floor · overlooks frontyard

Dining RoomMain4.51 × 3.20 m

open concept · combined w/kitchen · hardwood floor

Living RoomMain5.56 × 3.71 m

fireplace · hardwood floor · overlooks frontyard

Listing history

  1. Jun 18, 2026Listed$2,750,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

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 leases and give you a straight answer on what it will really take.

Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$4,970avg asking

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

Main & 2nd Floor-42 Agar Crescent$6,95044 Pineway Boulevard$4,30021 Leona Drive$5,6006 Colonnade Road$4,900Main & 2nd Flr-20 Goodall Drive$3,100

The 5 closest of 8 active listings nearby.

See all comparable homes
9,750This home6,9504,3005,6004,9003,100This home vs active comparables
Live market pulseActive comparables in Casa Loma · median list $7K
5active listings nearby
30days on market

28 days longer than the Toronto average (2 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Casa Loma, 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.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Palmerston-Little Italy
$3K
Bayview Village
$1K
Willowdale East
$3K
Willowdale West
$5K
Wexford-Maryvale
$2K

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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$44/mo
$6KIncome needed
1.7×Price ÷ income
$10Weekly 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.

88%mortgage
Mortgage $44Property tax $6Total carry $51

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$42per month

Mortgage amount $7,800 · 4.14% over 25 years

$1,950Down payment (20.0%)
$7,800Loan before insurance
$0CMHC premium
$48Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$42
Property tax
$6
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$48

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

One-time closing costs

Ontario land transfer tax
$49
Toronto municipal land transfer tax
$49
Estimated closing costs
$98

Plus your down payment of $1,950. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$51/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

$4,687Total interest paid
$12,487Total of all payments
Principal $7,800 Interest $4,687
YearPrincipalInterestBalance
1$183$317$7,617
2$190$309$7,427
3$198$301$7,229
4$207$293$7,022
5$215$284$6,807
6$224$275$6,582
7$234$266$6,349
8$243$256$6,105
9$254$246$5,852
10$264$235$5,587
11$275$224$5,312
12$287$213$5,025
13$299$201$4,727
14$311$188$4,415
15$324$175$4,091
16$338$162$3,753
17$352$147$3,401
18$367$133$3,034
19$382$117$2,652
20$398$101$2,254
21$415$85$1,840
22$432$67$1,408
23$450$49$957
24$469$31$489
25$489$11$0

At the end of your 5-year term

Total paid over the term
$2,497
Principal paid down
$993
Interest paid
$1,504
Balance remaining
$6,807

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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