243 Florence Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C13532498
About this home
Exceptional Construction & Uncompromising Attention to Detail. This Extraordinary 6-Bedroom, 6-Bathroom Home Blends Timeless Architecture W/ Modern Innovation In One Of North York's Most Sought-After Neighbourhoods. An Indiana Limestone Exterior, Custom Landscaping, Floor-To-Ceiling Windows, White Oak Hardwood Floors, Natural Stone Finishes, Bespoke Cabinetry, & Designer Built-Ins Define The Home's Refined Aesthetic. The Chef-Inspired Kitchen Is Thoughtfully Designed For Both Everyday Living & Entertaining. A Main-Floor Guest Suite Provides Ideal Accommodation For Family Or Visitors. Upstairs, Discover Four Spacious Bedrooms, Including A Magnificent Primary Retreat Featuring A Custom Dressing Room & Spa-Inspired Ensuite. The Finished Lower Level Offers Exceptional Flexibility W/ A Fully Private Suite Complete W/ A Walk-In Closet, Private Ensuite, 2 Additional Closets, Rec Room, Wet Bar, Laundry Room, Modern Steam Room & Two Direct Walkouts. Radiant In-Floor Heating Extends Throughout The Entire Lower Level, Providing Individually Controlled Comfort During The Winter Months. Designed W/ Both Luxury & Convenience In Mind, The Home Features An Advanced Smart Home System Controlling Lighting & Integrated Home Functions, A Custom-Designed Interior Lighting Plan, & Discreet Illuminated Baseboard Lighting That Provides Elegant Nighttime Guidance Throughout The Home. Integrated Lighting Beneath The Front Entrance Steps Enhances Both Curb Appeal & Safety After Dark. The Automated Snow-Melting System Extends Beyond The Private Driveway To The Front Steps, Entrance Landing, & Porch, Ensuring Effortless Winter Maintenance. The Home Was Also Thoughtfully Designed To Accommodate A Future Elevator Installation Should The Next Owner Desire. Located Moments From Yonge & Sheppard, Premier Public & Private Schools, Upscale Shopping & Dining, Parks, & Golf Courses. A Rare Offering That Seamlessly Combines Exceptional Craftsmanship, Cutting-Edge Technology, & Uncompromising Luxury.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13532498
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 40 × 128.92 ft
- Cross streets
- Yonge St & Sheppard Ave W
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,394 / 2026
- Days on market
- 10
- Listing brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Rooms
7 pc ensuite · fireplace · w/o to balcony
walk-in closet(s) · hardwood floor · 4 pc ensuite
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · panelled · combined w/living
w/o to deck · combined w/kitchen · fireplace
fireplace · combined w/dining · overlooks frontyard
b/i bookcase · 4 pc ensuite · walk-in closet(s)
overlooks backyard · stone counters · centre island
4 pc ensuite · walk-in closet(s) · pot lights
wet bar · w/o to yard · fireplace
b/i desk · 4 pc ensuite · walk-in closet(s)
Listed at $4,000,000, 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.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.64M, lower than the comparables and worth a second look.
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 $3.59M
- Bedrooms +$30K
- Adjusts to $3.62M
That comparable adjusts to $3.62M; the $3.51M estimate above is the median of all 10 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 (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Sheppard Ave West at Brentwood Ave is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $3.51M, median of 10 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Elevator: rare and valuable for accessibility and resale.
- Lifestyle
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 10% above the area average of $855/sqft.
9 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.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Sheppard Ave West at Brentwood Ave, about 403 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $3,200,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,076
- Property tax
- $700
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,776
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,475
- Toronto municipal land transfer tax
- $96,475
- Estimated closing costs
- $182,950
Plus your down payment of $800,000. 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
- $1,024,583
- Principal paid down
- $407,521
- Interest paid
- $617,063
- Balance remaining
- $2,792,479
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
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.