84 Florence Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13676614

$2,775,000
For Sale
Listed 54 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Unique Opportunity In Sought-After Lansing-Westgate.
  • This Newly Built Home Showcases Exceptional Craftsmanship, Thoughtful Design And Impressive Attention To Detail Throughout.
  • The Gourmet Kitchen Anchors The Space With A Large Centre Island, Extensive Cabinetry And An Easy Connection To The Breakfast Area And Family Room, With A Walkout To...
  • Upstairs, Soaring Ceilings And Abundant Natural Light Create An Airy Feel, Led By A Serene Primary Retreat With A Spa-Inspired Ensuite And Walk-In Closet, Along With...
  • The Finished Lower Level Extends The Living Space With Radiant Heated Floors, A Recreation Room, Wet Bar, Gas Fireplace, Guest Suite And Walkout With Direct Access To...

Unique Opportunity In Sought-After Lansing-Westgate. This Newly Built Home Showcases Exceptional Craftsmanship, Thoughtful Design And Impressive Attention To Detail Throughout. The Bright, Open-Concept Main Floor Is Defined By Custom Millwork, Refined Finishes And Generous Principal Rooms Created For Both Everyday Living And Entertaining. The Gourmet Kitchen Anchors The Space With A Large Centre Island, Extensive Cabinetry And An Easy Connection To The Breakfast Area And Family Room, With A Walkout To The Professionally Landscaped Rear Yard Featuring An In-Ground Pool, Cabana And Plenty Of Space To Lounge, Dine And Entertain. Upstairs, Soaring Ceilings And Abundant Natural Light Create An Airy Feel, Led By A Serene Primary Retreat With A Spa-Inspired Ensuite And Walk-In Closet, Along With Spacious Additional Bedrooms And Convenient Second-Floor Laundry. The Finished Lower Level Extends The Living Space With Radiant Heated Floors, A Recreation Room, Wet Bar, Gas Fireplace, Guest Suite And Walkout With Direct Access To The Yard And Pool. Smart-Home Technology, Automated Window Coverings, Integrated Speakers And Carefully Considered Comfort Features Complete The Home. Ideally Located With Easy Access To Yonge And Sheppard, TTC, Excellent Schools, Shopping, Dining And An Array Of Neighbourhood Amenities, This Is The Kind Of Home That Checks Every Box And Then Keeps Going.

Key facts

Property type
Detached, 2-Storey
MLS®
C13676614
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
25 × 130 ft
Cross streets
YONGE AND SHEPPARD
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Concrete
Foundation
Unknown
Roof
Other
Sewer
Sewer
Pool
Inground
Property tax
$12,530 / 2026
Days on market
54
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

RecreationLower4.50 × 5.00 m

wet bar · heated floor · fireplace

Family RoomMain4.36 × 5.30 m

built-in speakers · fireplace · walk-out

Bedroom 2Second2.97 × 2.70 m

double closet · hardwood floor · picture window

KitchenMain4.62 × 3.69 m

centre island · quartz counter · breakfast area

Bedroom 3Second5.61 × 3.02 m

semi ensuite · double closet · picture window

Living RoomMain4.42 × 3.94 m

hardwood floor · picture window · recessed lighting

Primary BedroomSecond6.66 × 3.16 m

ensuite bath · walk-in closet(s) · picture window

Bedroom 4Second3.51 × 2.60 m

double closet · hardwood floor · picture window

BedroomLower2.91 × 3.12 m

semi ensuite · above grade window · heated floor

Dining RoomMain4.74 × 4.27 m

pot lights · picture window · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.70Mlikely sale price

Listed at $2,775,000. 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 $2.70M, if it sells. A realistic range is $2.53M to $3.04M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes a new or newly built home, and the public record (tax bill, size) can still describe what stood on the lot before.

List price
$2.53MBelow recent closings$3.04MAbove recent closings

Total price vs nearby homes. Likely closing about $2.70M, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$2.05Mmedian sold price
97%of asking, on average
+10%prices vs a year ago
~21 dayshomes like this take to sell
54days on market so far
$6,051/moest. rent · 18 leases
2.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 12 detached homes for sale in the area against 19 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 $1,233/sqft against an area asking average of $897/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. 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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $1.92M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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.

What sellers nearby are askingCurrently listed nearby in Lansing-Westgate · asking prices
$2.07Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.17M, which is where my estimate comes from.

Per square foot, these ask about $922/sqft; this home lists at $1,233/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.77MThis home2.30M2.00M2.20M1.70M2.17MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M671

Neighbourhood & location

Lansing-Westgate, 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.

St. Andrew-Windfields
$3.98M
Don Valley Village
$1.25M
York University Heights
$1.15M
Oakwood Village
$1.88M
Wexford-Maryvale
$985K

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 Cameron Public School
81%
Cameron Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cardinal Carter Academy for the Arts · Catholic secondary0.8 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.8 km
Claude Watson School for the Arts · Public elementary1.0 km · 96% at standard
Avondale Alternative Elementary School · Public elementary1.2 km · 94% at standard
Avondale Public School · Public elementary1.2 km · 70% at standard
Earl Haig Secondary School · Public secondary1.5 km · 90% at standard
Churchill Public School · Public elementary1.8 km · 83% at standard
McKee Public School · Public elementary1.9 km · 86% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.9 km · 76% at standard
Armour Heights Public School · Public elementary1.9 km · 70% at standard
Owen Public School · Public elementary2.0 km · 59% at standard
St Andrew's Middle School · Public elementary2.0 km · 81% at standard

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

Affordability & Mortgage

Affordability
$12,648/mo
$517KIncome needed
5.4×Price ÷ income
$2,919Weekly cost
$111,700Land 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 $12,648Property tax $1,044Total carry $13,692

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 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,275per month

Mortgage amount $2,220,000 · 4.49% over 25 years

$555,000Down payment (20.0%)
$2,220,000Loan before insurance
$0CMHC premium
$13,319Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,275
Property tax
$1,044
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,319

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

One-time closing costs

Ontario land transfer tax
$55,850
Toronto municipal land transfer tax
$55,850
Estimated closing costs
$111,700

Plus your down payment of $555,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,857/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

$1,462,428Total interest paid
$3,682,428Total of all payments
Principal $2,220,000 Interest $1,462,428
YearPrincipalInterestBalance
1$49,541$97,756$2,170,459
2$51,790$95,507$2,118,669
3$54,142$93,155$2,064,527
4$56,600$90,697$2,007,927
5$59,170$88,127$1,948,757
6$61,856$85,441$1,886,901
7$64,665$82,632$1,822,236
8$67,601$79,696$1,754,634
9$70,670$76,627$1,683,964
10$73,879$73,418$1,610,085
11$77,234$70,064$1,532,851
12$80,740$66,557$1,452,111
13$84,406$62,891$1,367,705
14$88,239$59,059$1,279,466
15$92,245$55,052$1,187,221
16$96,433$50,864$1,090,788
17$100,812$46,485$989,977
18$105,389$41,908$884,588
19$110,174$37,123$774,414
20$115,176$32,121$659,237
21$120,406$26,891$538,831
22$125,873$21,424$412,959
23$131,588$15,709$281,371
24$137,562$9,735$143,808
25$143,808$3,489$0

At the end of your 5-year term

Total paid over the term
$736,486
Principal paid down
$271,243
Interest paid
$465,243
Balance remaining
$1,948,757

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 18 whole-home leases in Lansing-Westgate$6,051/mo
$72,612Gross annual rent
1.8%Cap rate after taxes and upkeep
$5,011 to $6,768Typical rent range
~37 daysTo find a tenant, on average

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 numbers

The last 18 whole-home leases in Lansing-Westgate signed at a median of $6,379 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,051. 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.

2.6%
Gross yield
− Property tax $12,530− Insurance $1,400− Vacancy & upkeep $7,987Net operating income $50,694

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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