553 Broadway Avenue, Toronto, ON

Leaside, Toronto · MLS® C13753904

$3,475,000
For Sale
Listed 51 days agoNo offer date statedSitting longer than typical
4+1Bedrooms
5Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About This Home

In short

  • This Leaside jewel has serious attention to detail everywhere you look.
  • Ebony hardwood floors greet you on entry through the front living room and formal dining room.
  • The gourmet kitchen with breakfast bar is combined with a family room which features a built-in entertainment wall, and there is also a casual dining area overlooking...
  • On the second floor the primary bedroom features soaring ceilings, a Juliet balcony, 6 piece ensuite with steam shower and a generous walk-in closet.
Read the full description

This Leaside jewel has serious attention to detail everywhere you look. Classic finishes with design elements well integrated throughout the entire home create an elegant, serene flow from one exquisite space to the next. Ebony hardwood floors greet you on entry through the front living room and formal dining room. The gourmet kitchen with breakfast bar is combined with a family room which features a built-in entertainment wall, and there is also a casual dining area overlooking the walkout sundeck and stunning south facing landscaped yard. On the second floor the primary bedroom features soaring ceilings, a Juliet balcony, 6 piece ensuite with steam shower and a generous walk-in closet. There are also three more large bedrooms (all with ensuites) and convenient second floor laundry. The lower level is expansive and bright, with nine foot ceilings, a massive recreation room with a gas fireplace, walk-out to the yard and in-law/nanny suite optionality. As you walk through, it just feels like home. Not to be missed.

Key Facts

Property type
Detached, 2-Storey
MLS®
C13753904
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
31 × 135 ft
Cross streets
Broadway/Laird
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,216 / 2026
Days on market
51
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

See all 15 rooms, floor by floor
Bedroom 4Second5.33 × 3.23 m

hardwood floor · semi ensuite · double closet

Dining RoomMain3.96 × 3.80 m

hardwood floor · combined w/living · coffered ceiling(s)

Primary BedroomSecond4.80 × 4.72 m

juliette balcony · 6 pc ensuite · walk-in closet(s)

Cold Room/CantinaLower1.22 × 0.91 m

Concrete Floor

KitchenMain4.60 × 2.77 m

hardwood floor · centre island · breakfast bar

BreakfastMain3.38 × 2.13 m

hardwood floor · open concept · w/o to deck

Family RoomMain4.19 × 5.94 m

hardwood floor · centre island · breakfast bar

Bedroom 2Second4.22 × 3.71 m

coffered ceiling(s) · 4 pc ensuite · closet organizers

RecreationLower6.81 × 6.15 m

broadloom · gas fireplace · wet bar

LaundrySecond2.44 × 1.40 m

laundry sink · ceramic floor · pot lights

LaundryLower2.69 × 1.52 m

ceramic floor · laundry sink

Furnace RoomLower3.18 × 3.05 m

Concrete Floor

Living RoomMain3.96 × 4.70 m

hardwood floor · open concept · coffered ceiling(s)

Bedroom 3Second3.20 × 3.10 m

coffered ceiling(s) · semi ensuite · closet

Bedroom 5Lower3.66 × 5.89 m

broadloom · 3 pc ensuite · closet

Our Take

Team Asgarian · Broker
A small discount is typical
$3.41Mlikely sale price

Listed at $3,475,000. Going by how homes in Leaside and the wider GTA have actually closed against their asking prices (about 98%, 30 local closings in 90 days), the likely sale price is near $3.41M, if it sells. A realistic range is $3.20M to $3.85M.

Independent value check: $3.00M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $2.81M and $3.14M).

Why $3.00M. The typical detached home sold in Leaside over the past year went for about $2.38M (114 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $15,216 a year; the typical home sold here pays about $11,800.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 3.5+1 and 4 typically.
  • ▲ Raises it slightlyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,750 to 2,250.

Longer on the market than typical. 51 days on the market against about 18 for homes like it here, and asking 16% above where comparable closings put it.

List price
$3.20MBelow recent closings$3.85MAbove recent closings

Total price vs nearby homes. Likely closing about $3.41M, from 30 recent closings in this pocket.

The market behind the math:

30sold nearby · 90 days
$2.10Mmedian sold price
99%of asking, on average
−9%prices vs a year ago
~8 dayshomes like this take to sell
51days on market so far
$9,373/moest. rent · 7 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 7 detached homes for sale in the area against 30 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 $1,544/sqft against an area asking average of $1,364/sqft.

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 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.76M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Leaside High 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.

Based on 30 comparable homes that sold in Leaside over the past two years, from 218 closings there.

What sellers nearby are asking

For sale in Leaside now · asking prices
$3.44Mavg asking

Every home like this one for sale in Leaside right now, newest listing first. These are asking prices, not sales.

Per square foot, these ask about $1,317/sqft; this home lists at $1,544/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 18 for sale in Leaside.

See all comparable homes
3.48MThis home3.45M3.59M3.65M3.30M3.20MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Leaside: $1.28M in September 2026, down 20% from a year ago, on 111 closings in 11 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$2.19M15
November 2025$2.67M9
December 2025$2.98M6
January 2026$2.55M7
March 2026$1.88M6
April 2026$2.40M17
May 2026$2.19M16
June 2026$2.60M8
July 2026$1.83M11
August 2026$2.25M11
September 2026$1.28M5

Thinking of selling near Leaside?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

Neighbourhood & location

Leaside, 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.

Bridle Path-Sunnybrook-York Mills
$5.09M
Banbury-Don Mills
$2.00M
Bedford Park-Nortown
$3.29M
Lansing-Westgate
$1.89M

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 & catchment

Assigned 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 Northlea Elementary and Middle School
84%
Northlea Elementary and Middle SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 84% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bessborough Drive Elementary and Middle School · Public elementary1.0 km · 89% at standard
Park Lane Public School · Public elementary1.5 km
Maurice Cody Junior Public School · Public elementary1.5 km · 90% at standard
Sunny View Junior and Senior Public School · Public elementary1.7 km
Rolph Road Elementary School · Public elementary1.8 km · 88% at standard
Blythwood Junior Public School · Public elementary1.9 km · 88% at standard
Northern Secondary School · Public secondary1.9 km · 82% at standard
Eglinton Junior Public School · Public elementary2.0 km · 70% at standard
St Bonaventure Catholic School · Catholic elementary2.1 km · 84% at standard
Hodgson Middle School · Public elementary2.2 km · 76% at standard
Fraser Mustard Early Learning Academy · Public elementary2.2 km
Thorncliffe Park Public School · Public elementary2.2 km · 33% at standard

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

Questions About 553 Broadway Avenue

What is the asking price for 553 Broadway Avenue?

It is listed at $3,475,000.

How many bedrooms and bathrooms does 553 Broadway Avenue have?

4+1 bedrooms, and 5 bathrooms (1 of them half baths).

How big is 553 Broadway Avenue?

The listing gives 2000-2500 sq ft of living space, on a 31 × 135 ft lot.

Does 553 Broadway Avenue have parking?

1 garage space, 3 parking spaces in all.

What are the property taxes on 553 Broadway Avenue?

$15,216 a year, for 2026.

Is there an offer date for 553 Broadway Avenue?

The listing does not state an offer date.

Which schools is 553 Broadway Avenue zoned for?

By the school boards' attendance boundaries: Northlea Elementary and Middle School, Leaside High School and St. Anselm. Boundaries change, so confirm with the board before relying on it.

When was 553 Broadway Avenue listed?

It came on the market on September 8, 2026.

Who is the listing brokerage for 553 Broadway Avenue?

REAL ESTATE HOMEWARD. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$15,838/mo
$645KIncome needed
5.4×Price ÷ income
$3,655Weekly cost
$151,450Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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.

93%mortgage
Mortgage is 93% of the monthly costMortgage $15,838Property tax $1,268Total carry $17,106
Calculate and customize your mortgage

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.

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,526per month

Mortgage amount $2,780,000 · 4.59% over 25 years

$695,000Down payment (20.0%)
$2,780,000Loan before insurance
$0CMHC premium
$16,794Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,526
Property tax
$1,268
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,794

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

One-time closing costs

Ontario land transfer tax
$73,350
Toronto municipal land transfer tax
$78,100
Estimated closing costs
$151,450

Plus your down payment of $695,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$18,773/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

$1,877,784Total interest paid
$4,657,784Total of all payments
Principal $2,780,000 Interest $1,877,784
YearPrincipalInterestBalance
1$61,177$125,134$2,718,823
2$64,017$122,294$2,654,805
3$66,990$119,322$2,587,816
4$70,100$116,212$2,517,716
5$73,354$112,957$2,444,362
6$76,760$109,552$2,367,603
7$80,323$105,988$2,287,279
8$84,053$102,259$2,203,227
9$87,955$98,357$2,115,272
10$92,038$94,273$2,023,233
11$96,311$90,000$1,926,922
12$100,783$85,529$1,826,139
13$105,462$80,850$1,720,678
14$110,358$75,953$1,610,320
15$115,482$70,830$1,494,838
16$120,843$65,468$1,373,995
17$126,453$59,858$1,247,542
18$132,324$53,987$1,115,218
19$138,468$47,844$976,750
20$144,896$41,415$831,854
21$151,623$34,688$680,231
22$158,663$27,649$521,568
23$166,029$20,283$355,540
24$173,737$12,575$181,803
25$181,803$4,508$0

At the end of your 5-year term

Total paid over the term
$931,557
Principal paid down
$335,638
Interest paid
$595,919
Balance remaining
$2,444,362

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.

Book a Consultation

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.

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

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