40 Divadale Drive, Toronto, ON
Leaside, Toronto · MLS® C13754186
About This Home
Welcome to an exceptional custom residence in the heart of coveted North Leaside. Impeccably designed with refined craftsmanship, sophisticated finishes, and an effortless sense of luxury, this remarkable home is perfectly suited to both elegant entertaining and comfortable family living. An impressive array of premium features include heated basement floors, a private sauna and hot tub, sophisticated wet bar and wine cellar, custom cabinetry, rich walnut flooring and top-of-the-line appliances. Every element has been thoughtfully curated to create a residence of exceptional quality and distinction. Ideally positioned just steps from the Crosstown LRT, highly regarded schools, boutique shop, acclaimed restaurants, parks and Sunnybrook Hospital. This is a rare opportunity to enjoy the very best of North Leaside living. Simply move in, settle in, and experience a home where luxury, lifestyle and location come together effortlessly.
Key Facts
- Property type
- Detached, 2-Storey
- MLS®
- C13754186
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 28 × 135 ft
- Cross streets
- Bayview Ave & Eglinton Ave
- Parking
- 1 garage · 3 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $14,663 / 2026
- Days on market
- 51
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
See all 14 rooms, floor by floor
hardwood floor · combined w/dining · vaulted ceiling(s)
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · double closet · 3 pc bath
porcelain floor · finished
hardwood floor · combined w/living · moulded ceiling
hardwood floor · double closet · 4 pc ensuite
hardwood floor · recessed lighting · above grade window
porcelain floor · double closet · above grade window
hardwood floor · double closet · 4 pc ensuite
porcelain floor · 2 pc bath · double closet
hardwood floor · open concept · centre island
hardwood floor · double closet · 3 pc ensuite
hardwood floor · gas fireplace · combined w/kitchen
hardwood floor · gas fireplace · w/o to yard
Our Take
Team Asgarian · BrokerListed at $3,999,999. 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 $3.93M, if it sells. A realistic range is $3.68M to $4.43M.
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 usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 51 days on the market against about 18 for homes like it here, and asking 35% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $3.93M, from 30 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $1,778/sqft against an area asking average of $1,330/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. In Leaside basements rarely rent out (1 of 80 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $2.59M. Condition and finishes remain an in-person call.
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
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 $1,327/sqft; this home lists at $1,778/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 17 for sale in Leaside.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.19M | 15 |
| November 2025 | $2.67M | 9 |
| December 2025 | $2.98M | 6 |
| January 2026 | $2.55M | 7 |
| March 2026 | $1.88M | 6 |
| April 2026 | $2.40M | 17 |
| May 2026 | $2.19M | 16 |
| June 2026 | $2.60M | 8 |
| July 2026 | $1.83M | 11 |
| August 2026 | $2.25M | 11 |
| September 2026 | $1.28M | 5 |
Thinking of selling near Leaside?
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Neighbourhood & 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) →
Schools & catchment
Assigned attendance-boundary schools, with EQAO resultsThe 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.
Questions About 40 Divadale Drive
What is the asking price for 40 Divadale Drive?
It is listed at $3,999,999.
How many bedrooms and bathrooms does 40 Divadale Drive have?
4+1 bedrooms, and 5 bathrooms (1 of them half baths).
How big is 40 Divadale Drive?
The listing gives 2000-2500 sq ft of living space, on a 28 × 135 ft lot.
Does 40 Divadale Drive have parking?
1 garage space, 3 parking spaces in all.
What are the property taxes on 40 Divadale Drive?
$14,663 a year, for 2026.
Is there an offer date for 40 Divadale Drive?
The listing does not state an offer date.
Which schools is 40 Divadale Drive 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 40 Divadale Drive listed?
It came on the market on September 8, 2026.
Who is the listing brokerage for 40 Divadale Drive?
ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.
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
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 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.
Mortgage amount $3,199,999 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,872
- Property tax
- $1,222
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19,094
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,475
- Toronto municipal land transfer tax
- $96,475
- Estimated closing costs
- $182,950
Plus your down payment of $800,000. 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
- $1,072,295
- Principal paid down
- $386,346
- Interest paid
- $685,950
- Balance remaining
- $2,813,654
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.