14 Pleasant Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13781052

$3,400,000
For Sale
Listed 15 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Attention Developers, Investors & Builders.
  • To be sold with #12, #18 Pleasant & other adjacent lots.
  • Each lot 6,275 sq ft of land area.
  • Within the 800m walking distance to the Yonge St Subway Line Extension.
  • Potential to add up to approx 66,000 sq ft of land area that allows for Development Height of 20-30 storeys.

Attention Developers, Investors & Builders! Prime Re-Development Location! Multiple lots available for land assembly. To be sold with #12, #18 Pleasant & other adjacent lots. Each lot 6,275 sq ft of land area. Within the 800m walking distance to the Yonge St Subway Line Extension. Potential to add up to approx 66,000 sq ft of land area that allows for Development Height of 20-30 storeys. Prime Location First Block inside Yonge St. w/Future Yonge St Subway Line Extension at Yonge & Steeles. Direct Subway Projected Access w/in 800 metres!! DO NOT GO DIRECT! Do Not Disturb Occupants! DO NOT WALK THE LOT w/o Listing Agent present. **EXTRAS** Property Part of a Future Land Assembly. Great RE-Development Opportunity Steps to Yonge St. in North York & Future Yonge St Subway Extension Line at Yonge & Steeles!

Key facts

Property type
Detached, 2-Storey
MLS®
C13781052
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
47.5 × 132 ft
Cross streets
Yonge St & Steeles Ave
Parking
2 garage · 4 parking (detached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,070 / 2026
Days on market
15
Listing brokerage
THE REALTY FIRM INC.

Rooms

Living RoomMain5.00 × 3.75 m

hardwood floor · open concept

Dining RoomMain3.75 × 3.80 m

hardwood floor · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.33Mlikely sale price

Listed at $3,400,000. Going by how homes in Newtonbrook West and the wider GTA have actually closed against their asking prices (about 98%, 18 local closings in 90 days), the likely sale price is near $3.33M, if it sells. A realistic range is $3.12M to $3.75M.

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 listing describes about 6,275 sq ft, while the size on record is 2500 to 3000 sq ft.

List price
$3.12MBelow recent closings$3.75MAbove recent closings

Total price vs nearby homes. Likely closing about $3.33M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.22Mmedian sold price
99%of asking, on average
−7%prices vs a year ago
~19 dayshomes like this take to sell
15days on market so far
$4,961/moest. rent · 12 leases
1.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 17 detached homes for sale in the area against 18 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 $1,236/sqft against an area asking average of $975/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.45M. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is R J Lang Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.

Based on 18 comparable homes that sold in Newtonbrook West over the past two years, from 139 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook West · asking prices
$1.59Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.54M, which is where my estimate comes from.

Per square foot, these ask about $662/sqft; this home lists at $1,236/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.40MThis home1.59M1.69M1.50MThis home vs active comparables

Neighbourhood & location

Newtonbrook West, 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 West
$1.30M
St. Andrew-Windfields
$8.80M
Banbury-Don Mills
$2.12M
Tam O'Shanter-Sullivan
$1.17M
Danforth Village-East York
$1.17M

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 60% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Newtonbrook Secondary School · Public secondary0.5 km · 68% at standard
Drewry Secondary School · Public secondary0.7 km
Lillian Public School · Public elementary0.9 km · 62% at standard
Pleasant Public School · Public elementary1.2 km · 58% at standard
St Agnes Catholic School · Catholic elementary1.5 km · 82% at standard
Cummer Valley Middle School · Public elementary1.6 km · 79% at standard
Brebeuf College School · Catholic secondary1.7 km · 80% at standard
St Cyril Catholic School · Catholic elementary1.8 km · 90% at standard
North West Secondary Alternative School · Public secondary1.9 km
St Antoine Daniel Catholic School · Catholic elementary1.9 km · 58% at standard
Fisherville Senior Public School · Public elementary1.9 km
St Joseph Morrow Park Catholic Secondary School · Catholic secondary2.1 km · 74% at standard

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

Affordability & Mortgage

Affordability
$15,496/mo
$613KIncome needed
5.5×Price ÷ income
$3,576Weekly cost
$146,950Land 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.

95%mortgage
Mortgage $15,496Property tax $756Total carry $16,252

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 September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,039per month

Mortgage amount $2,720,000 · 4.49% over 25 years

$680,000Down payment (20.0%)
$2,720,000Loan before insurance
$0CMHC premium
$15,795Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,039
Property tax
$756
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,795

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

One-time closing costs

Ontario land transfer tax
$71,475
Toronto municipal land transfer tax
$75,475
Estimated closing costs
$146,950

Plus your down payment of $680,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,203/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

$1,791,804Total interest paid
$4,511,804Total of all payments
Principal $2,720,000 Interest $1,791,804
YearPrincipalInterestBalance
1$60,699$119,773$2,659,301
2$63,455$117,017$2,595,846
3$66,336$114,136$2,529,510
4$69,348$111,124$2,460,163
5$72,496$107,976$2,387,666
6$75,788$104,684$2,311,878
7$79,229$101,243$2,232,649
8$82,827$97,646$2,149,822
9$86,587$93,885$2,063,235
10$90,519$89,954$1,972,717
11$94,628$85,844$1,878,088
12$98,925$81,547$1,779,163
13$103,417$77,056$1,675,747
14$108,112$72,360$1,567,635
15$113,021$67,451$1,454,614
16$118,152$62,320$1,336,461
17$123,517$56,955$1,212,944
18$129,125$51,347$1,083,819
19$134,988$45,484$948,831
20$141,117$39,355$807,714
21$147,524$32,948$660,190
22$154,222$26,250$505,967
23$161,225$19,247$344,743
24$168,545$11,927$176,198
25$176,198$4,275$0

At the end of your 5-year term

Total paid over the term
$902,361
Principal paid down
$332,334
Interest paid
$570,027
Balance remaining
$2,387,666

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 12 whole-home leases in Newtonbrook West$4,961/mo
$59,532Gross annual rent
1.3%Cap rate after taxes and upkeep
$4,436 to $5,238Typical rent range
~22 daysTo find a tenant, on average

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 12 whole-home leases in Newtonbrook West signed at a median of $4,631 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,961. 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.

1.8%
Gross yield
− Property tax $9,070− Insurance $1,400− Vacancy & upkeep $6,549Net operating income $42,514

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

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