19 Michigan Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13742714

$2,998,000
For Sale
Listed 42 days agoNo offer date stated
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5+1Bedrooms
8Bathrooms
3Garage · 9 parking
5,000Sq ft

About this home

In short

  • Experience exceptional luxury in this custom-built 3-car garage estate, situated on a premium 80 x 129 ft. large lot, offering over 7,000 sq. ft. of exquisite living...
  • Designed with elegance and functionality in mind, this magnificent residence features a designer gourmet kitchen with premium built-in appliances, expansive...
  • Grand principal rooms, soaring ceilings, and timeless architectural details create an atmosphere of refined luxury and upscale living.
  • Perfectly designed for both everyday family living and elegant entertaining, the home showcases bright open-concept spaces and seamless indoor-outdoor flow.
  • This rare offering also features a highly desirable 3-car garage and is ideally located close to parks, shopping, transit, and everyday amenities, while nestled in a...

Experience exceptional luxury in this custom-built 3-car garage estate, situated on a premium 80 x 129 ft. large lot, offering over 7,000 sq. ft. of exquisite living space in one of North York's most prestigious neighbourhoods. Designed with elegance and functionality in mind, this magnificent residence features a designer gourmet kitchen with premium built-in appliances, expansive sun-filled windows, and sophisticated finishes throughout. Boasting 5 spacious bedrooms, each complete with its own private ensuite, the home offers unparalleled comfort and privacy for the entire family. Grand principal rooms, soaring ceilings, and timeless architectural details create an atmosphere of refined luxury and upscale living.Perfectly designed for both everyday family living and elegant entertaining, the home showcases bright open-concept spaces and seamless indoor-outdoor flow. The professionally finished walk-up basement with direct access to the backyard provides exceptional flexibility for extended family living, recreation, or entertaining. Step outside to a professionally landscaped backyard retreat featuring a stunning wood deck, ideal for relaxing or hosting guests.This rare offering also features a highly desirable 3-car garage and is ideally located close to parks, shopping, transit, and everyday amenities, while nestled in a peaceful and highly sought-after neighbourhood that offers both convenience and tranquillity.

Key facts

Property type
Detached, 2-Storey
MLS®
C13742714
Bedrooms
5+1 (6 total)
Bathrooms
8 (1 half)
Size
5,000 sq ft
Lot
80 × 129.02 ft
Cross streets
Steeles Ave E. / Bayview Ave.
Parking
3 garage · 9 parking (built-in)
Basement
Finished, Separate Entrance, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$22,155 / 2025
Days on market
42
Listing brokerage
HC REALTY GROUP INC.

Rooms

BreakfastGround5.24 × 4.50 m

combined w/kitchen · bay window · tile floor

Bedroom 5Second7.55 × 5.35 m

closet organizers · 4 pc ensuite · hardwood floor

Dining RoomGround6.47 × 5.27 m

combined w/living · window · hardwood floor

Family RoomGround7.63 × 5.24 m

w/o to yard · fireplace · hardwood floor

Living RoomGround6.47 × 5.27 m

bay window · fireplace · hardwood floor

BedroomBasement4.48 × 3.55 m

above grade window · 4 pc ensuite · laminate

FoyerGround8.35 × 4.44 m

Tile Floor

RecreationBasement10.00 × 8.66 m

w/o to yard · bar sink · laminate

Bedroom 4Second5.06 × 3.68 m

closet organizers · 4 pc ensuite · hardwood floor

Primary BedroomSecond5.76 × 5.72 m

fireplace · 6 pc ensuite · hardwood floor

LibraryGround4.43 × 3.12 m

b/i bookcase · window · hardwood floor

Bedroom 3Second4.39 × 3.52 m

closet organizers · 4 pc ensuite · hardwood floor

Bedroom 2Second5.34 × 4.65 m

closet organizers · 4 pc ensuite · hardwood floor

KitchenGround5.40 × 4.52 m

b/i appliances · centre island · tile floor

LaundrySecond3.52 × 1.56 m

window · tile floor

Great RoomBasement7.75 × 5.09 m

above grade window · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Newtonbrook East (3,500 sq ft and up) have sold between $1.60M and $4.39M over the last two years (19 sales).

Considering this property? Request a written price read

Its public catchment (Cummer Valley Middle 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 Newtonbrook East · asking prices
$3.28Mavg 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 $772/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.00MThis home3.00M2.88M4.25M2.69M3.59MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newtonbrook East: $1.25M in September 2026, down 17% from a year ago, on 69 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.43M5
March 2026$1.40M11
April 2026$2.25M7
May 2026$1.38M15
June 2026$1.31M7
July 2026$1.30M7
August 2026$1.28M9
September 2026$1.25M8

Neighbourhood & location

Newtonbrook 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.

Willowdale East
$2.67M
Willowdale West
$2.05M
Lansing-Westgate
$2.89M
Bedford Park-Nortown
$2.99M
Banbury-Don Mills
$3.89M

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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.3 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lillian Public School · Public elementary0.3 km · 62% at standard
Brebeuf College School · Catholic secondary0.4 km · 80% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.3 km · 74% at standard
Newtonbrook Secondary School · Public secondary1.7 km · 68% at standard
Lester B Pearson Elementary School · Public elementary1.7 km · 92% at standard
Steelesview Public School · Public elementary1.8 km · 85% at standard
Blessed Trinity Catholic School · Catholic elementary1.8 km · 53% at standard
Drewry Secondary School · Public secondary1.8 km
Finch Public School · Public elementary2.0 km · 72% at standard
St Paschal Baylon Catholic School · Catholic elementary2.1 km · 72% at standard
R J Lang Elementary and Middle School · Public elementary2.3 km · 60% at standard
Pleasant Public School · Public elementary2.4 km · 58% at standard

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

Affordability & Mortgage

Affordability
$13,664/mo
$585KIncome needed
5.1×Price ÷ income
$3,153Weekly cost
$122,850Land 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.

88%mortgage
Mortgage $13,664Property tax $1,846Total carry $15,510

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,261per month

Mortgage amount $2,398,400 · 4.49% over 25 years

$599,600Down payment (20.0%)
$2,398,400Loan before insurance
$0CMHC premium
$15,107Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,261
Property tax
$1,846
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,107

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

One-time closing costs

Ontario land transfer tax
$61,425
Toronto municipal land transfer tax
$61,425
Estimated closing costs
$122,850

Plus your down payment of $599,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,051/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

$1,579,950Total interest paid
$3,978,350Total of all payments
Principal $2,398,400 Interest $1,579,950
YearPrincipalInterestBalance
1$53,522$105,612$2,344,878
2$55,952$103,182$2,288,926
3$58,493$100,641$2,230,433
4$61,148$97,986$2,169,285
5$63,925$95,209$2,105,360
6$66,827$92,307$2,038,533
7$69,862$89,272$1,968,671
8$73,033$86,100$1,895,638
9$76,350$82,784$1,819,288
10$79,816$79,318$1,739,472
11$83,440$75,694$1,656,032
12$87,229$71,905$1,568,803
13$91,189$67,945$1,477,614
14$95,329$63,805$1,382,285
15$99,658$59,476$1,282,627
16$104,183$54,951$1,178,444
17$108,913$50,221$1,069,531
18$113,858$45,276$955,673
19$119,028$40,106$836,646
20$124,432$34,702$712,214
21$130,082$29,052$582,132
22$135,988$23,146$446,144
23$142,162$16,972$303,982
24$148,617$10,517$155,365
25$155,365$3,769$0

At the end of your 5-year term

Total paid over the term
$795,670
Principal paid down
$293,040
Interest paid
$502,630
Balance remaining
$2,105,360

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 10 whole-home leases in Newtonbrook East$8,176/mo
$98,112Gross annual rent
2.1%Cap rate after taxes and upkeep
$6,774 to $8,942Typical rent range
~24 daysTo find a tenant, on average

The suite is real income here: basements rent in Newtonbrook East (38 of 210 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 10 whole-home leases in Newtonbrook East signed at a median of $7,514 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,176. 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.

3.3%
Gross yield
− Property tax $22,155− Insurance $1,400− Vacancy & upkeep $10,792Net operating income $63,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HC REALTY GROUP INC.. MLS®/PropTx.

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