208 Carmichael Avenue, Toronto, ON
Bedford Park-Nortown, Toronto · MLS® C13534844
About this home
Designed by acclaimed architect Richard Wengle, this extraordinary Bedford Park-Nortown estate showcases over 8,000 sq. ft. of impeccably finished living space, where timeless architecture, refined craftsmanship, and resort-inspired amenities converge in a single exceptional residence. A grand circular foyer introduces elegant principal rooms adorned with soaring 10-ft ceilings, rich custom millwork, a stunning mahogany-paneled library, and expansive living and dining spaces designed for both grand entertaining and comfortable family living. At the heart of the home, the chef-inspired kitchen seamlessly connects to the spacious family room and breakfast area before extending to a spectacular covered terrace, creating effortless indoor-outdoor living. A private elevator services all four levels. The upper floors feature a luxurious primary retreat with dual walk-in closets and a spa-inspired ensuite, complemented by four additional private bedroom retreats, each with a versatile loft, lounge, study, or additional living space. The walk-up lower level rivals a private resort, highlighted by a breathtaking indoor swimming pool with a lounge area, recreation and games rooms, a home gym, a private office, and a full bath with shower. Outdoors, professionally landscaped grounds offer multiple entertaining spaces, including a covered living room, covered dining area, gazebo-covered hot tub, fire table lounge, tiered stone terraces, mature trees, and exceptional privacy, creating an outdoor sanctuary for year-round enjoyment. Ideally situated in one of Toronto's most prestigious neighbourhoods, steps to premier public and private schools, Avenue Road's boutiques, cafés, and fine dining, with convenient access to downtown, major highways, and Pearson International Airport. A truly rare offering where exceptional design, luxury, wellness, and location converge.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13534844
- Bedrooms
- 8 (5 + 3)
- Bathrooms
- 7 (2 half)
- Size
- 5,000 sq ft
- Lot
- 60 × 115 ft
- Cross streets
- Wilson / Bathurst
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Indoor
- Property tax
- $24,244 / 2025
- Days on market
- 13
- Listing brokerage
- RE/MAX PLUS CITY TEAM INC.
Rooms
combined w/sitting · 4 pc ensuite · double closet
crown moulding · hardwood floor · wainscoting
separate room · closet
b/i shelves · crown moulding · hardwood floor
centre island · breakfast area · w/o to deck
3 pc ensuite · hardwood floor · double closet
w/o to deck · combined w/kitchen · crown moulding
crown moulding · hardwood floor · pot lights
Open Concept
3 pc bath · sauna · walk-out
hardwood floor · gas fireplace · bow window
double · 4 pc ensuite · hardwood floor
closet · separate room
6 pc ensuite · his and hers closets · bow window
3 pc ensuite · b/i closet · combined w/den
3 pc ensuite · elevator
open concept · w/o to pool · access to garage
Listed at $4,899,000, this home is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 51 similar homes nearby, adjusted for size, beds, and baths.Median of 51 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $5.34M, 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 $6.58M
- Bedrooms −$60K
- Bathrooms −$15K
- Adjusts to $6.50M
That comparable adjusts to $6.50M; the $5.89M estimate above is the median of all 51 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.
The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Allard Avenue is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $5.89M, median of 51 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Elevator: rare and valuable for accessibility and resale.
- Weigh carefully
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 1 closest active listing nearby.
See all comparable homesThis home lists 15% below the area average of $1,158/sqft.
11 days longer than the Toronto average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bedford Park-Nortown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Allard Avenue, about 240 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 21, 2026); conventional rates run a little higher.
Mortgage amount $3,919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $20,914
- Property tax
- $2,020
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $22,935
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $108,950
- Toronto municipal land transfer tax
- $136,930
- Estimated closing costs
- $245,880
Plus your down payment of $979,800. 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
- $1,254,858
- Principal paid down
- $499,111
- Interest paid
- $755,747
- Balance remaining
- $3,420,089
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 PLUS CITY TEAM INC.. MLS®/PropTx.