58 Franklin Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13793032

$1,125,000
For Sale
Listed 33 days agoNo offer date stated
2Bedrooms
2Bathrooms
2Garage · 4 parking
700-1100Sq ft

About this home

In short

  • First time offered in over 45 years.
  • You will enjoy a comfortable living and dining room, 2 bedrooms, plus a 3-season sunroom for additional enjoyment, a finished basement and 2 full washrooms.
  • The home is move-in ready, freshly painted (2026) throughout.
  • When they say, "they don't build them like they used to", this home was built with an approximate 7" concrete subfloor between the levels, which adds durability...
  • In an area where parking is at premium, you can park 4 cars here.

First time offered in over 45 years! Located in the sought-after Lansing-Westgate neighbourhood, this home offers more than you expect. Book a showing to see what makes this efficient floorplan so functional. You will enjoy a comfortable living and dining room, 2 bedrooms, plus a 3-season sunroom for additional enjoyment, a finished basement and 2 full washrooms. The home is move-in ready, freshly painted (2026) throughout. The fin. bsmt rec room features a wood-burning fireplace, built-in bar, and two large windows that fill the space with natural light. When they say, "they don't build them like they used to", this home was built with an approximate 7" concrete subfloor between the levels, which adds durability, additional safety, and sound insulation. In an area where parking is at premium, you can park 4 cars here. A detached double garage with workspace is ideal for hobbies or extra storage. This home is steps from Yonge Street's shops and restaurants, yet tucked into a quiet, upscale enclave with excellent walkability, highway access, and nearby subway. Don't wait.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
C13793032
Bedrooms
2
Bathrooms
2
Size
700-1100 sq ft
Lot
37.5 × 130 ft
Cross streets
Yonge St/ Sheppard Ave W (Yonge / Florence Ave)
Parking
2 garage · 4 parking (detached)
Driveway
Mutual, Right Of Way, Private
Basement
Full, Finished
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,727 / 2026
Days on market
33
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Dining RoomGround3.68 × 3.33 m

window · hardwood floor · california shutters

SunroomGround2.64 × 3.20 m

broadloom · sliding doors · overlooks backyard

OtherBasement1.80 × 3.33 m

b/i bar · dry bar · b/i shelves

BathroomBasement2.11 × 1.83 m

3 Pc Bath

RecreationBasement6.38 × 6.50 m

fireplace · b/i bar · window

Utility RoomBasement3.76 × 2.29 m

unfinished · window

Primary BedroomGround3.53 × 3.25 m

mirrored closet · w/o to sunroom · broadloom

KitchenGround2.82 × 3.35 m

window · double sink · b/i appliances

LaundryBasement4.98 × 3.33 m

double sink · 3 pc bath · window

Living RoomGround3.68 × 3.38 m

bay window · hardwood floor · california shutters

BedroomGround2.26 × 3.33 m

window · hardwood floor · closet

BathroomGround2.39 × 1.63 m

4 pc bath · window · ceramic floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Cameron Public 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 Lansing-Westgate · asking prices
$1.14Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,269/sqft; this home lists at $1,250/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.13MThis home1.09M1.25M1.09MThis home vs active comparables

Neighbourhood & location

Lansing-Westgate, 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.

St. Andrew-Windfields
$4.10M
Willowdale East
$2.19M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Wexford-Maryvale
$849K

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 Cameron Public School
81%
Cameron Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cardinal Carter Academy for the Arts · Catholic secondary0.9 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.9 km
Avondale Alternative Elementary School · Public elementary1.1 km · 94% at standard
Avondale Public School · Public elementary1.1 km · 70% at standard
Claude Watson School for the Arts · Public elementary1.1 km · 96% at standard
Earl Haig Secondary School · Public secondary1.6 km · 90% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.7 km · 76% at standard
Armour Heights Public School · Public elementary1.8 km · 70% at standard
Owen Public School · Public elementary1.8 km · 59% at standard
St Andrew's Middle School · Public elementary1.9 km · 81% at standard
Churchill Public School · Public elementary2.0 km · 83% at standard
McKee Public School · Public elementary2.0 km · 86% at standard

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

Affordability & Mortgage

Affordability
$5,127/mo
$220KIncome needed
5.1×Price ÷ income
$1,183Weekly cost
$37,950Land 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.

89%mortgage
Mortgage $5,127Property tax $644Total carry $5,771

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,976per month

Mortgage amount $900,000 · 4.49% over 25 years

$225,000Down payment (20.0%)
$900,000Loan before insurance
$0CMHC premium
$5,620Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,976
Property tax
$644
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,620

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

One-time closing costs

Ontario land transfer tax
$18,975
Toronto municipal land transfer tax
$18,975
Estimated closing costs
$37,950

Plus your down payment of $225,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,023/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

$592,876Total interest paid
$1,492,876Total of all payments
Principal $900,000 Interest $592,876
YearPrincipalInterestBalance
1$20,084$39,631$879,916
2$20,996$38,719$858,920
3$21,949$37,766$836,970
4$22,946$36,769$814,024
5$23,988$35,727$790,037
6$25,077$34,638$764,960
7$26,216$33,500$738,744
8$27,406$32,309$711,338
9$28,650$31,065$682,688
10$29,951$29,764$652,737
11$31,311$28,404$621,426
12$32,733$26,983$588,694
13$34,219$25,496$554,475
14$35,772$23,943$518,703
15$37,397$22,318$481,306
16$39,095$20,621$442,211
17$40,870$18,845$401,342
18$42,725$16,990$358,617
19$44,665$15,050$313,951
20$46,693$13,022$267,258
21$48,813$10,902$218,445
22$51,029$8,686$167,416
23$53,346$6,369$114,069
24$55,769$3,946$58,301
25$58,301$1,414$0

At the end of your 5-year term

Total paid over the term
$298,575
Principal paid down
$109,963
Interest paid
$188,612
Balance remaining
$790,037

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
Estimate$1,450/mo
$17,400Gross annual rent
0.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.5%
Gross yield
− Property tax $7,727− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $6,359

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

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