535 Soudan Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13674362

$1,625,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 535 Soudan Avenue, a rare opportunity in the heart of highly sought-after Mount Pleasant East.
  • Situated on an impressive 25.03 x 145.40 ft lot, this detached character home offers approximately 1,743 sq. ft. of above-grade living space and is filled with the...
  • Featuring 4 bedrooms, generous principal rooms, original hardwood flooring, beautiful wood trim and millwork, wainscoting, a classic staircase and multiple entrances...
  • The roof is approximately 2.5 years old, providing an important recent improvement.
  • Property is being sold "As Is, Where Is." Buyers to conduct their own due diligence regarding future renovations, uses and potential secondary living accommodations.

Welcome to 535 Soudan Avenue, a rare opportunity in the heart of highly sought-after Mount Pleasant East. Situated on an impressive 25.03 x 145.40 ft lot, this detached character home offers approximately 1,743 sq. ft. of above-grade living space and is filled with the craftsmanship and charm of a bygone era. Featuring 4 bedrooms, generous principal rooms, original hardwood flooring, beautiful wood trim and millwork, wainscoting, a classic staircase and multiple entrances, this home provides an exceptional canvas for renovators, investors or end users looking to create something special. The functional layout includes a spacious living and dining area, full kitchen, additional kitchenette, multiple bathrooms and a basement offering further possibilities. Outside, enjoy the exceptionally deep lot, mutual driveway and detached brick garage. The roof is approximately 2.5 years old, providing an important recent improvement. Surrounded by mature trees and established homes in one of Midtown Toronto's most desirable communities, this is an outstanding opportunity to renovate, restore and customize a substantial family home while preserving its original character. Conveniently located near schools, parks, shopping, restaurants and transit. Estate Sale. Property is being sold "As Is, Where Is." Buyers to conduct their own due diligence regarding future renovations, uses and potential secondary living accommodations.

Key facts

Property type
Detached, 2-Storey
MLS®
C13674362
Bedrooms
4
Bathrooms
3
Size
1500-2000 sq ft
Lot
25 × 145 ft
Cross streets
bayview and soudan
Parking
1 garage · 3 parking (detached)
Basement
Separate Entrance, Finished
Kitchens
3 (1 + 2)
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,174 / 2025
Days on market
67
Listing brokerage
Your Home Sold Guaranteed Realty Imperium
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Northern Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Mount Pleasant East · asking prices
$1.82Mavg 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 $1,039/sqft; this home lists at $929/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.63MThis home1.53M1.75M2.00M2.00MThis home vs active comparables

Neighbourhood & location

Mount Pleasant East, 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.

Leaside
$2.15M
Banbury-Don Mills
$5.50M
St. Andrew-Windfields
$4.10M
Woodbine-Lumsden
$949K
Dovercourt-Wallace Emerson-Junction
$1.25M

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 Hodgson Middle School
76%
Hodgson Middle SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Maurice Cody Junior Public School · Public elementary0.4 km · 90% at standard
Eglinton Junior Public School · Public elementary0.7 km · 70% at standard
Leaside High School · Public secondary0.8 km · 87% at standard
St Anselm Catholic School · Catholic elementary0.9 km · 90% at standard
Bessborough Drive Elementary and Middle School · Public elementary1.0 km · 89% at standard
North Toronto Collegiate Institute · Public secondary1.2 km · 88% at standard
Northlea Elementary and Middle School · Public elementary1.3 km · 84% at standard
John Fisher Junior Public School · Public elementary1.3 km · 85% at standard
Spectrum Alternative Senior School · Public elementary1.4 km
Davisville Junior Public School · Public elementary1.4 km · 86% at standard
Sunny View Junior and Senior Public School · Public elementary1.5 km
Blythwood Junior Public School · Public elementary1.5 km · 88% at standard

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

Affordability & Mortgage

Affordability
$7,406/mo
$307KIncome needed
5.3×Price ÷ income
$1,709Weekly cost
$57,950Land 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.

92%mortgage
Mortgage $7,406Property tax $681Total carry $8,087

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,188per month

Mortgage amount $1,300,000 · 4.49% over 25 years

$325,000Down payment (20.0%)
$1,300,000Loan before insurance
$0CMHC premium
$7,869Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,188
Property tax
$681
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,869

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

One-time closing costs

Ontario land transfer tax
$28,975
Toronto municipal land transfer tax
$28,975
Estimated closing costs
$57,950

Plus your down payment of $325,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,700/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

$856,377Total interest paid
$2,156,377Total of all payments
Principal $1,300,000 Interest $856,377
YearPrincipalInterestBalance
1$29,010$57,245$1,270,990
2$30,328$55,927$1,240,662
3$31,705$54,550$1,208,957
4$33,144$53,111$1,175,813
5$34,649$51,606$1,141,164
6$36,222$50,033$1,104,942
7$37,867$48,388$1,067,075
8$39,586$46,669$1,027,489
9$41,384$44,872$986,105
10$43,263$42,993$942,843
11$45,227$41,028$897,616
12$47,280$38,975$850,335
13$49,427$36,828$800,908
14$51,671$34,584$749,237
15$54,017$32,238$695,220
16$56,470$29,785$638,750
17$59,034$27,221$579,716
18$61,714$24,541$518,002
19$64,516$21,739$453,485
20$67,446$18,809$386,040
21$70,508$15,747$315,532
22$73,709$12,546$241,823
23$77,056$9,199$164,767
24$80,555$5,700$84,212
25$84,212$2,043$0

At the end of your 5-year term

Total paid over the term
$431,275
Principal paid down
$158,836
Interest paid
$272,439
Balance remaining
$1,141,164

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$3,150/mo
$37,800Gross annual rent
1.5%Cap rate after taxes and upkeep

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 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 $8,174− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,068

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Your Home Sold Guaranteed Realty Imperium. MLS®/PropTx.

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