23B Lascelles Boulevard, Toronto, ON

Yonge-St. Clair, Toronto · MLS® C13762984

$3,380,000
For Sale
Listed 2 days agoNo offer date stated
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4Bedrooms
5Bathrooms
2Garage
2500-3000Sq ft

About this home

In short

  • Nestled In The Lushly Forested Deer Park, On The Kay Gardner Beltline.
  • Deer Park Crossing Boasts 10 Luxury 3 Storey Townhomes, Each With A Roof Top Terrace & Pergola, Green Roof, Backyd, In Suite Elevator & The Space & Grace Of A Finely...
  • 3000 Sqft Of Gorgeous Living Space.
  • 2 Car Underground Parking.
  • Close To Ucc, Bss Schools.

Nestled In The Lushly Forested Deer Park, On The Kay Gardner Beltline. Deer Park Crossing Boasts 10 Luxury 3 Storey Townhomes, Each With A Roof Top Terrace & Pergola, Green Roof, Backyd, In Suite Elevator & The Space & Grace Of A Finely Built Custom Home. 3000 Sqft Of Gorgeous Living Space! 2 Car Underground Parking! Steps From The Shops, Cafe's, & Fine Dining Of Fab. Yonge And St. Clair. Close To Ucc, Bss Schools. In The Heart Of The City! Truly Tailored To Demands Of Upscale Living: This Is What You've Been Waiting For! Ready to Move-In!

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13762984
Bedrooms
4
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Cross streets
Yonge And St. Clair
Parking
2 garage (built-in)
Driveway
None
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$16,351 / 2026
Days on market
2
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Bedroom 3Third5.63 × 4.42 m

w/o to balcony · double closet · hardwood floor

LaundryBasement5.09 × 3.77 m

ceramic floor · laundry sink · double closet

Bedroom 4Third5.63 × 4.19 m

4 pc bath · double closet · hardwood floor

KitchenGround5.63 × 11.27 m

combined w/great rm · hardwood floor · centre island

Living RoomGround4.57 × 4.57 m

beamed ceilings · gas fireplace

Dining RoomGround5.63 × 11.27 m

combined w/great rm · hardwood floor · beamed ceilings

OtherBasement3.55 × 5.63 m
Primary BedroomSecond5.63 × 4.42 m

5 pc ensuite · hardwood floor · beamed ceilings

Great RoomGround5.63 × 11.27 m

combined w/dining · walk-out · gas fireplace

Bedroom 2Second5.63 × 3.91 m

hardwood floor · beamed ceilings · hardwood floor

Our TakeTeam Asgarian · Broker
In line
$3.12Mest. value

Listed at $3,380,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $3.12M, typically $2.89M to $3.47M. Comparable closings on their own put this home around $2.52M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $3.29M. That is about 31% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

List price
$2.89MBelow recent closings$3.47MAbove recent closings

Total price vs nearby homes. Fair value about $3.12M, median of 8 comparables.

The market behind the math:

5sold nearby · 90 days
$1.98Mmedian sold price
95%of asking, on average
~35 dayshomes like this take to sell
2days on market so far
$9,537/moest. rent · 5 leases
3.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,229/sqft against an area asking average of $767/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 8 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 $3.29M, a close match.

What the listing highlights2 points to weigh

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

  • Elevator: rare and valuable for accessibility and resale. 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 North Toronto Collegiate Institute, 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 Yonge-St. Clair, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Yonge-St. Clair over the past two years, from 16 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$2.75Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $2.52M, which is where my estimate comes from.

Per square foot, these ask about $901/sqft; this home lists at $1,229/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
3.38MThis home3.99M2.40M2.90M2.30M2.17MThis home vs active comparables

Neighbourhood & location

Yonge-St. Clair, 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.

Annex
$2.29M
University
$1.40M
Cabbagetown-South St. James Town
$1.85M
Trinity-Bellwoods
$1.20M
South Riverdale
$1.30M

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 Deer Park Junior and Senior Public School
84%
Deer Park Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayHigher-rated than most nearby · 84% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Davisville Junior Public School · Public elementary0.6 km · 86% at standard
Spectrum Alternative Senior School · Public elementary0.6 km
Brown Junior Public School · Public elementary1.2 km · 86% at standard
Oriole Park Junior Public School · Public elementary1.2 km · 100% at standard
Forest Hill Junior and Senior Public School · Public elementary1.2 km · 82% at standard
Hodgson Middle School · Public elementary1.3 km · 76% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.6 km · 88% at standard
Eglinton Junior Public School · Public elementary1.6 km · 70% at standard
Holy Rosary Catholic School · Catholic elementary1.6 km · 89% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.6 km · 74% at standard
Cottingham Junior Public School · Public elementary1.7 km · 100% at standard
Northern Secondary School · Public secondary1.9 km · 82% at standard

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

Affordability & Mortgage

Affordability
$15,405/mo
$633KIncome needed
5.3×Price ÷ income
$3,555Weekly cost
$145,750Land 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.

92%mortgage
Mortgage $15,405Property tax $1,363Total carry $16,768

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,578per month

Mortgage amount $2,704,000 · 4.24% over 25 years

$676,000Down payment (20.0%)
$2,704,000Loan before insurance
$0CMHC premium
$15,940Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,578
Property tax
$1,363
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,940

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

One-time closing costs

Ontario land transfer tax
$70,975
Toronto municipal land transfer tax
$74,775
Estimated closing costs
$145,750

Plus your down payment of $676,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$17,688/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

$1,669,270Total interest paid
$4,373,270Total of all payments
Principal $2,704,000 Interest $1,669,270
YearPrincipalInterestBalance
1$62,475$112,455$2,641,525
2$65,152$109,778$2,576,372
3$67,944$106,987$2,508,428
4$70,856$104,075$2,437,572
5$73,892$101,039$2,363,681
6$77,058$97,873$2,286,623
7$80,360$94,571$2,206,263
8$83,803$91,128$2,122,460
9$87,394$87,537$2,035,066
10$91,139$83,792$1,943,927
11$95,044$79,887$1,848,883
12$99,117$75,814$1,749,766
13$103,364$71,567$1,646,402
14$107,793$67,138$1,538,609
15$112,412$62,519$1,426,197
16$117,229$57,702$1,308,969
17$122,252$52,679$1,186,717
18$127,490$47,441$1,059,227
19$132,953$41,978$926,274
20$138,650$36,281$787,624
21$144,591$30,340$643,033
22$150,787$24,144$492,246
23$157,248$17,683$334,998
24$163,986$10,945$171,013
25$171,013$3,918$0

At the end of your 5-year term

Total paid over the term
$874,654
Principal paid down
$340,319
Interest paid
$534,335
Balance remaining
$2,363,681

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 5 whole-home leases in Yonge-St. Clair$9,537/mo
$114,444Gross annual rent
2.5%Cap rate after taxes and upkeep
$8,014 to $10,755Typical rent range

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 5 whole-home leases in Yonge-St. Clair signed at a median of $8,583 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $9,537. 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.

3.4%
Gross yield
− Property tax $16,351− Insurance $1,400− Vacancy & upkeep $12,589Net operating income $84,104

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

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