137 Florence Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C13735510
About this home
In short
- Generously appointed rooms with soaring ceilings, abundant natural light, and an airy, elegant feel define every level of this home.
- The stunning custom gourmet kitchen features top-of-the-line appliances, exquisite finishes, and a massive island with built-in sink and breakfast bar-perfect for...
- An adjoining family room enhances comfort and flow, with a walk-out to a deck overlooking your backyard oasis.
- The serene primary suite includes a walk-in closet and luxurious 5-piece ensuite.
- Step outside to fully landscaped grounds with exterior lighting and an exquisite resort-style backyard featuring a saltwater pool, cabana, gazebo, and illuminated...
Welcome to this custom-built, meticulously maintained home in the coveted Lansing-Westgate community-where thoughtful design, luxurious finishes, and exceptional craftsmanship come together seamlessly. Surrounded by parks and the Stuart Greenbelt, this property offers a rare country-like setting with beautiful city views. Generously appointed rooms with soaring ceilings, abundant natural light, and an airy, elegant feel define every level of this home. Beautifully finished with solid oak floors, potlights, solid-wood California shutters, and 8' doors throughout; the attention to detail is unmatched! The stunning custom gourmet kitchen features top-of-the-line appliances, exquisite finishes, and a massive island with built-in sink and breakfast bar-perfect for family gatherings and everyday living. An adjoining family room enhances comfort and flow, with a walk-out to a deck overlooking your backyard oasis. The sophisticated living/dining room impresses with French doors, Juliette balconies, a coffered ceiling and a natural gas fireplace-ideal for entertaining. The serene primary suite includes a walk-in closet and luxurious 5-piece ensuite. All bedrooms feature closet organizers and large picture windows. A fully finished basement suite includes a family-sized kitchen and radiant-flooring (roughed-in), with a completely private entrance-perfect as a rental unit of for multi-generational living and entertaining. Step outside to fully landscaped grounds with exterior lighting and an exquisite resort-style backyard featuring a saltwater pool, cabana, gazebo, and illuminated water tower. A full double-car garage (EGDO) completes the offering. Minutes to the highway, steps to TTC, Mel Lastman Square, shopping, dining, and top-tier schools. A truly exceptional home in a warm, welcoming community where no detail has been missed!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13735510
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 7.63 × 39.04 ft
- Cross streets
- Yonge Street & Sheppard Avenue
- Parking
- 2 garage (built-in)
- Driveway
- Available
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Outdoor, Inground, Salt
- Property tax
- $11,245 / 2025
- Days on market
- 35
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
combined w/living · formal rm · panelled
centre island · granite counters · eat-in kitchen
b/i bookcase · hardwood floor
family size kitchen · walk-out · above grade window
coffered ceiling(s) · walk-in closet(s) · ensuite bath
combined w/dining · coffered ceiling(s) · fireplace
closet organizers · hardwood floor · picture window
closet organizers · hardwood floor · large window
coffered ceiling(s) · hardwood floor · picture window
Listed at $2,299,000. 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 $2.24M, if it sells. A realistic range is $2.09M to $2.52M.
Independent value check: $1.96M. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $1.84M and $2.06M).
Why $1.96M. 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 $11,245 a year; the typical home sold here pays about $9,900.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIts lot is 8 by 39 ft; the typical lot sold here is 41 by 129.
Total price vs nearby homes. Likely closing about $2.24M, from 19 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $1,022/sqft against an area asking average of $914/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.
- Ravine / green setting. This home sits beside a ravine creek. A premium that comparable-sales math under-prices, so read the estimate as a floor.
- 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 $1.87M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- 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
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
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.
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $964/sqft; this home lists at $1,022/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 $1,839,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,169
- Property tax
- $937
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,106
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,950
- Toronto municipal land transfer tax
- $43,950
- Estimated closing costs
- $87,900
Plus your down payment of $459,800. 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
- $610,155
- Principal paid down
- $224,716
- Interest paid
- $385,439
- Balance remaining
- $1,614,484
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 10 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 $6,013. 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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.