96 Southvale Drive, Toronto, ON

Leaside, Toronto · MLS® C13592180

$2,199,000
For Sale
Listed 1 day 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®
C13592180
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
1
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Living RoomMain4.40 × 4.07 m

gas fireplace · wainscoting · picture window

LaundryLower2.90 × 2.10 m

b/i shelves · linen closet · quartz counter

Utility RoomLower3.21 × 2.35 m

tile floor · finished

Bedroom 2Upper5.45 × 3.32 m

4 pc ensuite · picture window · b/i closet

Bedroom 3Upper3.24 × 2.91 m

3 pc bath · picture window · b/i closet

Family RoomMain4.51 × 4.04 m

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

Primary BedroomUpper4.62 × 4.20 m

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

Bedroom 4Lower3.49 × 2.83 m

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

KitchenMain4.51 × 3.43 m

stainless steel appl · centre island · quartz counter

RecreationLower6.93 × 4.37 m

b/i shelves · gas fireplace · wet bar

Dining RoomMain4.40 × 3.97 m

coffered ceiling(s) · crown moulding · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$2.19Mest. value

Listed at $2,199,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Leaside lately, sellers have been getting about 100% of asking and homes sell in about 23 days.

This home has a walk-up basement — extra light, usable space, and income potential that comparable-sales math tends to under-price. Read this estimate as a conservative floor for it; I can pull walk-up comparables to pin the number.

Based on 42 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 42 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.35M, 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, sold for $2.06M
  • Bedrooms −$30K
  • Bathrooms +$60K
  • Adjusts to $2.10M

That comparable adjusts to $2.10M; the $2.19M estimate above is the median of all 42 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$1.94MGreat deal$2.56MOverpriced

Total price vs nearby homes. Fair value about $2.19M, median of 42 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. Lifestyle
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Leaside · asking prices
$3.15Mavg asking

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

10 Noel Avenue$3.50M64 Parklea Drive$1.41M586 Broadway Avenue$3.95M105 Rumsey Road$3.50M102 Parklea Drive$3.40M

The 5 closest of 7 active listings nearby.

See all comparable homes
2.20MThis home3.50M1.41M3.95M3.50M3.40MThis home vs active comparables
Live market pulseActive comparables in Leaside · median list $3.50M
$977this home / sqft
7active listings nearby
1days on market
97sold nearby · 90 days
$2.00Mmedian sold price
100%of asking, on average

This home lists 25% below the area average of $1,301/sqft.

0 days faster 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.

Nearby neighbourhoods

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

Danforth Village-East York
$883K
Bedford Park-Nortown
$2.28M
Birchcliffe-Cliffside
$1.70M
Clairlea-Birchmount
$850K
Willowdale East
$3.00M

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
$10,022/mo
$417KIncome needed
5.3×Price ÷ income
$2,313Weekly 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.

91%mortgage
Mortgage $10,022Property tax $994Total carry $11,016

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,388per month

Mortgage amount $1,759,200 · 4.14% over 25 years

$439,800Down payment (20.0%)
$1,759,200Loan before insurance
$0CMHC premium
$10,382Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,388
Property tax
$994
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,382

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

One-time closing costs

Ontario land transfer tax
$41,450
Toronto municipal land transfer tax
$41,450
Estimated closing costs
$82,900

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,402/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

$1,057,123Total interest paid
$2,816,323Total of all payments
Principal $1,759,200 Interest $1,057,123
YearPrincipalInterestBalance
1$41,212$71,441$1,717,988
2$42,936$69,717$1,675,052
3$44,732$67,921$1,630,320
4$46,603$66,050$1,583,718
5$48,552$64,101$1,535,165
6$50,583$62,070$1,484,582
7$52,699$59,954$1,431,884
8$54,903$57,750$1,376,980
9$57,200$55,453$1,319,781
10$59,592$53,061$1,260,189
11$62,085$50,568$1,198,104
12$64,682$47,971$1,133,422
13$67,387$45,266$1,066,035
14$70,206$42,447$995,829
15$73,143$39,510$922,686
16$76,202$36,451$846,484
17$79,390$33,263$767,094
18$82,710$29,943$684,384
19$86,170$26,483$598,214
20$89,774$22,879$508,440
21$93,529$19,124$414,910
22$97,442$15,211$317,469
23$101,517$11,136$215,951
24$105,764$6,889$110,188
25$110,188$2,465$0

At the end of your 5-year term

Total paid over the term
$563,265
Principal paid down
$224,035
Interest paid
$339,230
Balance remaining
$1,535,165

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
1.4%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.

2.3%
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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