96 Southvale Drive, Toronto, ON

Leaside, Toronto · MLS® C13501638

$2,500,000
For Sale
Listed 18 days ago
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4Bedrooms
5Bathrooms
2Parking
2000-2500Sq Ft

About this home

Welcome to 96 Southvale Dr a stunning, 8-year-new detached home in the heart of highly sought-after South Leaside. This custom executive residence offers over 3,200 sq ft of thoughtfully designed living space, blending timeless sophistication with exceptional family functionality. Sun-filled and south-facing, the home is enhanced by oversized windows and skylights, creating a bright, airy atmosphere throughout. The open-concept main floor features elegant living and dining spaces, a chef-inspired kitchen with premium appliances and centre island, and a spacious family room with walk-out to the backyard-perfect for everyday living and entertaining. Upstairs, retreat to a luxurious primary suite with a spa-like 5-piece ensuite, heated floors, and a designer walk-in closet. Generously sized secondary bedrooms each offer designated bathroom access, ideal for growing families. The finished lower level adds incredible versatility with a large recreation room, additional bedroom, and walk-up access. Located in one of Toronto's top-ranked school districts, with unbeatable proximity to downtown and just minutes to the newly opened Eglinton LRT, this is a rare opportunity to own a turnkey home in one of the city's most desirable neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
C13501638
Bedrooms
4 (3 + 1)
Bathrooms
5 (1 half)
Size
2000-2500
Lot
31 × 99.18 ft
Cross streets
Bayview & Moore
Parking
2 parking
Driveway
Private
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$11,930 / 2025
Days on market
18
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Dining RoomMain4.40 × 3.97 m

coffered ceiling(s) · crown moulding · hardwood floor

LaundryLower2.90 × 2.10 m

b/i shelves · linen closet · quartz counter

Family RoomMain4.51 × 4.04 m

b/i shelves · gas fireplace · w/o to deck

Bedroom 3Upper3.24 × 2.91 m

3 pc bath · picture window · b/i closet

KitchenMain4.51 × 3.43 m

stainless steel appl · centre island · quartz counter

RecreationLower6.93 × 4.37 m

b/i shelves · gas fireplace · wet bar

Bedroom 2Upper5.45 × 3.32 m

4 pc ensuite · picture window · b/i closet

Living RoomMain4.40 × 4.07 m

gas fireplace · wainscoting · picture window

Bedroom 4Lower3.49 × 2.83 m

b/i closet · 3 pc bath · above grade window

Utility RoomLower3.21 × 2.35 m

tile floor · finished

Primary BedroomUpper4.62 × 4.20 m

5 pc ensuite · walk-in closet(s) · juliette balcony

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.76Mest. value

Listed at $2,500,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.84M, 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, listed at $2.69M
  • Bathrooms +$15K
  • Adjusts to $2.71M

That comparable adjusts to $2.71M; the $2.76M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Bessborough Drive Elementary and Middle 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.

On location, this is a very walkable address with everyday errands close by. Sutherland Dr at Rolph Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.50MGreat deal$3.47MOverpriced

Total price vs nearby homes. Fair value about $2.76M, median of 7 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.

  • Heated floors: comfort and a premium-finish signal.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.41Mavg asking

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

21 Albertus Avenue$2.72M10 Wingrove Hill$2.30M245 Florence Avenue$2.20M

The 3 closest active listings nearby.

See all comparable homes
2.50MThis home2.72M2.30M2.20MThis home vs active comparables
Live market pulseActive comparables in Leaside · median list $3.40M
$1,111this home / sqft
7active listings nearby
18days on market

This home lists 17% below the area average of $1,337/sqft.

17 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.

Getting around

80/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Sutherland Dr at Rolph Rd, about 179 m away

20+ transit stops4 grocery20+ dining20+ parks12 pharmacies

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.

Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Wexford-Maryvale
$865K
Cliffcrest
$1.51M

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 Rolph Road Elementary School
88%
Rolph Road Elementary SchoolPublic · Elementary · 0.1 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$11,394/mo
$468KIncome needed
5.3×Price ÷ income
$2,629Weekly 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.

92%mortgage
Mortgage $11,394Property tax $994Total carry $12,388

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,673per month

Mortgage amount $2,000,000 · 4.14% over 25 years

$500,000Down payment (20.0%)
$2,000,000Loan before insurance
$0CMHC premium
$11,667Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,673
Property tax
$994
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,667

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

One-time closing costs

Ontario land transfer tax
$48,975
Toronto municipal land transfer tax
$48,975
Estimated closing costs
$97,950

Plus your down payment of $500,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,963/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

$1,201,823Total interest paid
$3,201,823Total of all payments
Principal $2,000,000 Interest $1,201,823
YearPrincipalInterestBalance
1$46,853$81,220$1,953,147
2$48,813$79,260$1,904,334
3$50,855$77,218$1,853,479
4$52,982$75,091$1,800,498
5$55,198$72,875$1,745,300
6$57,507$70,566$1,687,793
7$59,912$68,161$1,627,880
8$62,418$65,655$1,565,462
9$65,029$63,044$1,500,433
10$67,749$60,324$1,432,684
11$70,583$57,490$1,362,101
12$73,535$54,537$1,288,565
13$76,611$51,462$1,211,954
14$79,816$48,257$1,132,138
15$83,154$44,918$1,048,984
16$86,633$41,440$962,351
17$90,256$37,817$872,094
18$94,032$34,041$778,063
19$97,965$30,108$680,098
20$102,063$26,010$578,035
21$106,332$21,741$471,704
22$110,779$17,293$360,924
23$115,413$12,660$245,511
24$120,241$7,832$125,270
25$125,270$2,803$0

At the end of your 5-year term

Total paid over the term
$640,365
Principal paid down
$254,700
Interest paid
$385,664
Balance remaining
$1,745,300

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
1.3%Est. cap rate

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.

2.0%
Gross yield
− Property tax $11,930− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $31,526

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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