391 Sutherland Drive, Toronto, ON
Leaside, Toronto · MLS® C13728200
About this home
In short
- Leaside Detached Opportunity.
- The home is filled with original character, including classic crown mouldings, hardwood floors and a warm wood burning fireplace in the living room.
- Ideally located in Central Leaside, an easy walk to numerous quality local schools..
- A wide range of local amenities are a close by...Talbot Park, Trace Manes Park, Leaside library, Leaside Tennis Club & other public courts, Leaside Arena and Curling...
- Great opportunity for builders or those wanting to renovate to your personal tastes
Leaside Detached Opportunity!! Well located detached home in Prime South/Central Leaside, just steps to the new Laird LRT station. Perfect opportunity to put your personal stamp on this property, let your imagination turn this Leaside classic into your custom creation. The home is filled with original character, including classic crown mouldings, hardwood floors and a warm wood burning fireplace in the living room. Enjoy the spacious formal living and dining rooms, ideal for entertaining and family celebrations. There's good height in the basement, and space to update and create extra living space. The furnace has been upgraded to an Indirect Hot Water Heater recently, along with drains from the house to city line. Ideally located in Central Leaside, an easy walk to numerous quality local schools.. Bessborough PS (JK-8), Northlea PS (JK-8 for French Immersion), Leaside HS, and St Anselm (JK-8, Catholic) and numerous other private options and preschools. The vibrant commercial areas of both Bayview Ave and Laird Drive just a short walk away....endless restaurants, local pubs, shops, and big box stores. A wide range of local amenities are a close by...Talbot Park, Trace Manes Park, Leaside library, Leaside Tennis Club & other public courts, Leaside Arena and Curling Club, Leaside Pool, and several access points to Serena Gundy/Sunnybrook Park and the expansive Toronto ravine system and trails. Downtown is minutes away via the TTC or Bayview Extension, the DVP just a few lights east, with quick access to both the 401 & Gardiner Expwy. Great opportunity for builders or those wanting to renovate to your personal tastes
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13728200
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 30 × 100 ft
- Cross streets
- Eglinton & Sutherland
- Parking
- 2 parking
- Basement
- Separate Entrance, Partially Finished
- Heating
- Radiant
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,272 / 2026
- Days on market
- 8
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
above grade window · b/i closet
above grade window · b/i closet
overlooks backyard · hardwood floor · crown moulding
Above Grade Window
overlooks frontyard · hardwood floor · closet
fireplace · hardwood floor · crown moulding
above grade window · laundry sink
above grade window · b/i shelves
overlooks backyard · tile floor · eat-in kitchen
overlooks backyard · hardwood floor · closet
overlooks backyard · hardwood floor · closet
closet · window
overlooks frontyard · 4 pc bath
Listed at $1,349,900 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.42M, typically $1.23M to $1.60M. Comparable closings on their own put this home around $1.57M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.53M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $1.42M, median of 76 comparables.
The market behind the math:
About 0.9 months of inventory: 7 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,038/sqft against an area asking average of $1,387/sqft. Size and $/sqft both feed the estimate above.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 76 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 $1.53M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Leaside, so I widened the search to the surrounding area.
Based on 76 comparable homes that sold in Leaside over the past two years, from 222 closings there.
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 $1.57M, which is where my estimate comes from.
Per square foot, these ask about $1,378/sqft; this home lists at $1,038/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Leaside, 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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 9, 2026); conventional rates run a little higher.
Mortgage amount $1,079,920 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,822
- Property tax
- $689
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,511
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,473
- Toronto municipal land transfer tax
- $23,473
- Estimated closing costs
- $46,946
Plus your down payment of $269,980. 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
- $349,318
- Principal paid down
- $135,916
- Interest paid
- $213,402
- Balance remaining
- $944,004
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
About the suite: in Leaside basements rarely rent out (2 of 81 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 28 whole-home leases in Leaside signed at a median of $5,465 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,185. 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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.