302 Johnston Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C13653472
About this home
In short
- Exquisite Contemporary Custom Built Luxury Home ,Spacious & Well Appointed Layout Located In Prestigious Lansing-Westgate Neighborhoods , Steps From Yonge & Sheppard.
- 4,415 Sq ft (3,295 Sq ft + 1,120 Sq ft) Living Space.
- Soaring 10ft High Ceilings On Main & In Walk-Out Basement.
- Heated Flooring At Basement & Primary Bathroom Ensuite.
- Chef's Gourmet Kitchen Features Sub-Zero Fridge & Wolf Gas Cooktop, Water-Fall Centre Island,, Family Room With Gas Fireplace & Walkout To Elevated Backyard Deck...
Exquisite Contemporary Custom Built Luxury Home ,Spacious & Well Appointed Layout Located In Prestigious Lansing-Westgate Neighborhoods , Steps From Yonge & Sheppard! 4,415 Sq ft (3,295 Sq ft + 1,120 Sq ft) Living Space! Soaring 10ft High Ceilings On Main & In Walk-Out Basement! Featuring 4+1 Bedrooms, 6 Bathrooms, 2 Gas Fireplaces & 2 Furnace .Smart Home Automation! Heated Flooring At Basement & Primary Bathroom Ensuite! Chef's Gourmet Kitchen Features Sub-Zero Fridge & Wolf Gas Cooktop, Water-Fall Centre Island,, Family Room With Gas Fireplace & Walkout To Elevated Backyard Deck, Huge 2nd Floor Skylight, Primary Bedroom With Walk-In Closet & 6pc Ensuite With Heated Floor, 2nd & 3rd & 4th Bedrooms With 4pc Ensuite, 2nd Floor Laundry Room, Basement With Wet-Bar, Heated Floor & Walkout To Yard, Hardwood Flooring Throughout Main & 2nd Floors, Built-In Speakers, Exercise Room & Nanny's room. With two furnace. Built-In 2-Car Garage, Stone-Interlock Driveway, Top Rated Schools Including Cameron PS, Willowdale MS, Northview Heights SS, Located Steps From 2 TTC Subway Stations-Sheppard/Yonge Subway Station! Shopping At Yonge & Sheppard Centre + Centrepoint Mall, Earl Bales Park With North York Ski Centre & Hwy 401,
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13653472
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 40 × 130 ft
- Cross streets
- Easton Rd & Sheppard
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Apartment, Finished, Full, Separate Entrance, Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $17,178 / 2026
- Days on market
- 60
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
heated floor · w/o to yard · porcelain floor
4 pc ensuite · b/i closet · hardwood floor
4 pc ensuite · heated floor · laminate
gas fireplace · open concept · hardwood floor
5 pc ensuite · walk-in closet(s) · hardwood floor
4 pc ensuite · closet organizers · hardwood floor
7 pc ensuite · picture window · walk-in closet(s)
panelled · b/i shelves · hardwood floor
open concept · hardwood floor · combined w/living
b/i appliances · stone counters · open concept
picture window · w/o to deck · open concept
Listed at $2,880,000. Going by how homes in Lansing-Westgate and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $2.80M, if it sells. A realistic range is $2.62M to $3.16M.
Independent value check: $2.76M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $2.58M and $2.89M).
Why $2.76M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $17,178 a year; the typical home sold here pays about $9,900.
- ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it4+1 bedrooms and 6 baths, against 4+1 and 4 typically.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $2.80M, from 19 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 10 detached homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $886/sqft against an area asking average of $839/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Lansing-Westgate: 17 of the 136 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. 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
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.49M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 19 comparable homes that sold in Lansing-Westgate over the past two years, from 131 closings there.
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 $915/sqft; this home lists at $886/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,353 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 671 |
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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.
Mortgage amount $2,304,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,739
- Property tax
- $1,432
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,171
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,475
- Toronto municipal land transfer tax
- $58,475
- Estimated closing costs
- $116,950
Plus your down payment of $576,000. 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
- $764,353
- Principal paid down
- $281,506
- Interest paid
- $482,846
- Balance remaining
- $2,022,494
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
The suite is real income here: basements rent in Lansing-Westgate (17 of 136 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 numbersThe last 26 whole-home leases in Lansing-Westgate signed at a median of $7,230 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,411. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.