92 Caines Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13600792

$2,799,000
For Sale
Listed 46 days agoNo offer date stated
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5+2Bedrooms
8Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • OPEN HOUSE SAT & SUN 2-4 PM.
  • Offering 6,505 sq. ft. of finished living space, including 4,564 sq. ft. above grade and a professionally finished 1,941 sq. ft. lower level, this extraordinary...
  • The sophisticated interior is enhanced by premium finishes, including rich maple hardwood flooring, custom millwork, exquisite tilework, soaring coffered ceilings...

OPEN HOUSE SAT & SUN 2-4 PM. Experience exceptional space, luxury, and craftsmanship in this custom-built masterpiece, thoughtfully designed with timeless elegance. Offering 6,505 sq. ft. of finished living space, including 4,564 sq. ft. above grade and a professionally finished 1,941 sq. ft. lower level, this extraordinary residence showcases uncompromising quality and meticulous attention to detail throughout.Situated on a quiet, no-through street in one of the area's rapidly emerging multi-million-dollar neighbourhoods, this prestigious home offers the perfect balance of privacy and convenience. The sophisticated interior is enhanced by premium finishes, including rich maple hardwood flooring, custom millwork, exquisite tilework, soaring coffered ceilings, intricate crown mouldings, elegant wall niches, solid-core doors, and custom-designed walk-in closets with built-in organizers.Every detail has been carefully curated to deliver an exceptional living experience, combining refined luxury, everyday comfort, and timeless architectural appeal.

Key facts

Property type
Detached, 2-Storey
MLS®
C13600792
Bedrooms
5+2 (7 total)
Bathrooms
8 (1 half)
Size
3500-5000 sq ft
Lot
51 × 187 ft
Cross streets
Yonge/ Finch
Parking
2 garage · 8 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$18,445 / 2026
Days on market
46
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 5Second4.11 × 3.61 m

3 pc ensuite · walk-in closet(s) · hardwood floor

Bedroom 2Second4.52 × 3.96 m

4 pc ensuite · walk-in closet(s) · hardwood floor

RecreationLower11.48 × 5.03 m

eat-in kitchen · combined w/kitchen · wood

Bedroom 3Second4.11 × 4.27 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Family RoomMain7.56 × 5.19 m

floor/ceil fireplace · wainscoting · hardwood floor

Living RoomMain10.62 × 4.27 m

moulded ceiling · wainscoting · hardwood floor

OfficeMain4.16 × 3.20 m

formal rm · hardwood floor

KitchenMain5.44 × 4.27 m

overlooks backyard · breakfast area · b/i appliances

BedroomLower5.18 × 4.01 m

4 pc bath · wood

Dining RoomMain13.90 × 6.00 m

moulded ceiling · wainscoting · hardwood floor

Bedroom 4Second3.96 × 3.56 m

3 pc ensuite · double closet · hardwood floor

Primary BedroomSecond7.68 × 5.18 m

7 pc ensuite · his and hers closets · hardwood floor

Our TakeTeam Asgarian · Broker
In line
$2.72Mest. value

Listed at $2,799,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.72M, typically $2.52M to $2.94M. Comparable closings on their own put this home around $2.52M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $3.27M. That is about 29% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

List price
$2.52MBelow recent closings$2.94MAbove recent closings

Total price vs nearby homes. Fair value about $2.72M, median of 10 comparables.

The market behind the math:

21sold nearby · 90 days
$1.20Mmedian sold price
99%of asking, on average
−5%prices vs a year ago
~31 dayshomes like this take to sell
46days on market so far
$6,712/moest. rent · 5 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 11 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $659/sqft against an area asking average of $616/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook West: 44 of the 200 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

I take the 10 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $3.27M, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is R J Lang 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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Newtonbrook West over the past two years, from 138 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook West · asking prices
$2.80Mavg asking

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

Per square foot, these ask about $659/sqft; this home lists at $659/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.80MThis home2.60M3.50M2.30MThis home vs active comparables

Neighbourhood & location

Newtonbrook West, 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.

Bedford Park-Nortown
$3.50M
Bridle Path-Sunnybrook-York Mills
$4.90M
Mount Pleasant East
$2.42M
Leaside
$3.55M
Woodbine-Lumsden
$899K

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 60% meet the provincial standard
Fisherville Senior Public SchoolEQAO results not published
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
North West Secondary Alternative School · Public secondary0.4 km
Pleasant Public School · Public elementary0.6 km · 58% at standard
St Antoine Daniel Catholic School · Catholic elementary1.0 km · 58% at standard
Drewry Secondary School · Public secondary1.2 km
Newtonbrook Secondary School · Public secondary1.3 km · 68% at standard
Yorkview Public School · Public elementary1.3 km · 52% at standard
Rockford Public School · Public elementary1.4 km · 54% at standard
Northview Heights Secondary School · Public secondary1.4 km · 72% at standard
Churchill Public School · Public elementary1.7 km · 83% at standard
St Cyril Catholic School · Catholic elementary1.8 km · 90% at standard
Willowdale Middle School · Public elementary1.8 km · 78% at standard
McKee Public School · Public elementary2.3 km · 86% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$12,757/mo
$540KIncome needed
5.2×Price ÷ income
$2,944Weekly cost
$112,900Land transfer tax, one-time (Ontario + Toronto)
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.

89%mortgage
Mortgage $12,757Property tax $1,537Total carry $14,294

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 9, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,072per month

Mortgage amount $2,239,200 · 4.24% over 25 years

$559,800Down payment (20.0%)
$2,239,200Loan before insurance
$0CMHC premium
$13,609Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,072
Property tax
$1,537
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,609

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

One-time closing costs

Ontario land transfer tax
$56,450
Toronto municipal land transfer tax
$56,450
Estimated closing costs
$112,900

Plus your down payment of $559,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$14,648/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

$1,382,334Total interest paid
$3,621,534Total of all payments
Principal $2,239,200 Interest $1,382,334
YearPrincipalInterestBalance
1$51,736$93,125$2,187,464
2$53,953$90,908$2,133,511
3$56,265$88,596$2,077,245
4$58,676$86,185$2,018,570
5$61,190$83,671$1,957,379
6$63,812$81,049$1,893,567
7$66,546$78,315$1,827,021
8$69,398$75,463$1,757,623
9$72,372$72,490$1,685,251
10$75,473$69,389$1,609,778
11$78,707$66,155$1,531,072
12$82,079$62,782$1,448,993
13$85,596$59,265$1,363,396
14$89,264$55,597$1,274,132
15$93,089$51,772$1,181,043
16$97,078$47,784$1,083,966
17$101,237$43,624$982,728
18$105,575$39,286$877,153
19$110,099$34,762$767,053
20$114,817$30,044$652,237
21$119,737$25,125$532,500
22$124,867$19,994$407,632
23$130,218$14,643$277,414
24$135,798$9,064$141,617
25$141,617$3,245$0

At the end of your 5-year term

Total paid over the term
$724,307
Principal paid down
$281,821
Interest paid
$442,486
Balance remaining
$1,957,379

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
From 5 whole-home leases in Newtonbrook West$6,712/mo
$80,544Gross annual rent
1.9%Cap rate after taxes and upkeep
$5,906 to $7,517Typical rent range
~19 daysTo find a tenant, on average

The suite is real income here: basements rent in Newtonbrook West (44 of 200 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Newtonbrook West signed at a median of $6,362 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,712. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.9%
Gross yield
− Property tax $18,445− Insurance $1,400− Vacancy & upkeep $8,860Net operating income $51,839

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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