48 Old Yonge Street, Toronto, ON
Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C13528366
About this home
Architecturally significant estate in prestigious Hogg's Hollow, set on an extraordinary ravine lot with breathtaking views. Fully renovated and exceptionally private, this luxury residence offers abundant natural light, 4+1 oversized bedrooms, hardwood floors throughout, and a thoughtfully designed layout with multiple formal and informal living spaces for both family living and entertaining. The gourmet kitchen features updated appliances and opens to the spacious family room with a gas fireplace, built-in speakers, and motorized curtains. An adjoining balcony provides a dedicated BBQ and seating area overlooking spectacular panoramic ravine views. The luxurious primary suite boasts heated floors throughout, a lavish 5-piece ensuite, expansive his-and-her walk-in closets, and a retractable ceiling-mounted television. A private staircase leads to an upper-level retreat with skylights and stunning ravine views, ideal as a lounge or office. The walk-out lower level is designed for recreation and entertaining, featuring a fully equipped gym, professionally designed home theatre, private guest suite, and a 2,000-bottle wine cellar. Integrated smart home technology allows remote control of lighting, heating, cooling, in-floor heating, and built-in audio systems while a comprehensive security system includes outdoor cameras, video doorbells, motion detectors, and window sensors. Outside, a heated concrete pool, separate water feature, mature trees and beautifully landscaped grounds with automated irrigation create a private resort-like setting. A circular stone driveway, rare two-car garage and roof de-icing system further enhance the property. Ideally located minutes from York Mills Subway Station, Highway 401, Toronto's top private schools, shopping, dining and amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13528366
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (2 half)
- Size
- 5,000 sq ft
- Lot
- 189.7 × 104.99 ft
- Cross streets
- Yonge/York Mills
- Parking
- 2 garage · 12 parking (built-in)
- Driveway
- Circular Drive
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $26,069 / 2025
- Days on market
- 12
- Listing brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Rooms
4 pc ensuite · fireplace · walk-in closet(s)
b/i appliances · pantry · hardwood floor
vaulted ceiling(s) · broadloom · skylight
irregular room · walk-in closet(s) · broadloom
separate shower · mirrored walls · pot lights
separate room · bay window · b/i shelves
fireplace · w/o to deck · b/i bookcase
broadloom · b/i closet
sunken room · w/o to patio · picture window
6 pc ensuite · his and hers closets · fireplace
fireplace · w/o to patio · b/i bookcase
Listed at $5,980,000, this home is about 25% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $6.47M, a bit lower.
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 $9.50M
- Adjusts to $9.50M
That comparable adjusts to $9.50M; the $7.95M estimate above is the median of all 14 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.
Its public catchment (York Mills Collegiate Institute) 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.
Total price vs nearby homes. Fair value about $7.95M, median of 14 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Worth verifying
- Value driver
- Lifestyle
- 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 34% below the area average of $1,804/sqft.
10 days longer than the Toronto average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bridle Path-Sunnybrook-York Mills, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $4,784,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $25,529
- Property tax
- $2,172
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $27,702
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $135,975
- Toronto municipal land transfer tax
- $195,375
- Estimated closing costs
- $331,350
Plus your down payment of $1,196,000. 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
- $1,531,752
- Principal paid down
- $609,244
- Interest paid
- $922,508
- Balance remaining
- $4,174,756
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 RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.