178 Hanna Road, Toronto, ON

Leaside, Toronto · MLS® C13796982

$1,995,000
For Sale
Listed 32 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
2Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 178 Hanna Road, a charming and fully updated 3-bedroom, 2-bathroom detached home in highly sought-after South Leaside, where classic Leaside character...
  • Living at 178Hanna Road means enjoying the quintessential South Leaside lifestyle, where tree-lined streets, top-ranking schools, neighbourhood parks, recreation, and...
  • It is this combination that makes homes for sale in South Leaside so sought after, and 178 Hanna Road captures it beautifully.

Welcome to 178 Hanna Road, a charming and fully updated 3-bedroom, 2-bathroom detached home in highly sought-after South Leaside, where classic Leaside character, modern comfort, and an incredible private backyard come together to create the perfect setting for family life. From the moment you arrive, the home feels warm and inviting, with bright, beautifully updated interiors and comfortable living spaces designed for everything from quiet evenings at home to gathering with family and friends. Three well-proportioned bedrooms provide plenty of space for a growing family, while the thoughtful updates throughout make this a truly move-in-ready home. Step outside and the experience continues into an incredibly private, professionally landscaped backyard that feels like a hidden urban retreat in the heart of Toronto. Two large decks create multiple spaces for outdoor dining, entertaining, and relaxing, while low-maintenance turf, a full irrigation system, and landscape lighting on a timer make the grounds as effortless to enjoy as they are beautiful, day or night. A professional dog run and dedicated storage she dare discreetly positioned at the rear of the backyard, adding functionality while preserving the beauty and privacy of the outdoor space. And then there is the location. Living at 178Hanna Road means enjoying the quintessential South Leaside lifestyle, where tree-lined streets, top-ranking schools, neighbourhood parks, recreation, and a strong sense of community are all part of everyday life. Just a short stroll away, Bayview Avenue brings some of Toronto's most popular shops, cafes, bakeries, restaurants, and everyday conveniences right to your doorstep, while nearby transit provides easy access throughout the city. It is this combination that makes homes for sale in South Leaside so sought after, and 178 Hanna Road captures it beautifully. This is more than a house in Leaside, it is a place to put down roots, make memories, and call home for years to come.

Key facts

Property type
Detached, 2-Storey
MLS®
C13796982
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
30.92 × 135 ft
Cross streets
Bayview and Eglinton
Parking
2 parking
Driveway
Private
Basement
Separate Entrance, Finished
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,437 / 2025
Days on market
32
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Bedroom 3Second4.19 × 2.77 m

tile floor · window · 3 pc bath

LaundryLower2.92 × 2.13 m

window · laundry sink · pot lights

RecreationLower4.65 × 3.50 m

pot lights · open concept · large closet

Living RoomMain5.03 × 3.84 m

hardwood floor · large window · pot lights

BedroomSecond3.90 × 3.84 m

hardwood floor · large window · large closet

Dining RoomMain3.46 × 3.23 m

hardwood floor · large window · large closet

Bedroom 2Second3.56 × 3.23 m

hardwood floor · window · large closet

BathroomSecond2.54 × 1.88 m

tile floor · window · 3 pc bath

KitchenMain4.60 × 2.24 m

tile floor · centre island · pot lights

FoyerMain1.68 × 1.88 m

tile floor · window · open concept

BathroomLower2.01 × 3.30 m

tile floor · pot lights · 3 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.96Mlikely sale price

Listed at $1,995,000. Going by how homes in Leaside and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $1.96M, if it sells. A realistic range is $1.83M to $2.20M.

Independent value check: $1.78M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.67M and $1.87M).

Why $1.78M. The typical detached home sold in Leaside over the past year went for about $2.38M (114 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,750 to 2,250.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $10,437 a year; the typical home sold here pays about $11,800.
  • ▼ Lowers it3 bedrooms and 2 baths, against 3.5+1 and 4 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 32 days on the market against about 18 for homes like it here, and asking 12% above where comparable closings put it.

List price
$1.83MBelow recent closings$2.20MAbove recent closings

Total price vs nearby homes. Likely closing about $1.96M, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$2.10Mmedian sold price
98%of asking, on average
−12%prices vs a year ago
~11 dayshomes like this take to sell
32days on market so far
$5,182/moest. rent · 31 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.5 months of inventory: 5 detached homes for sale in the area against 28 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 $1,535/sqft against an area asking average of $1,406/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.89M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Bessborough Drive Elementary and Middle 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 28 comparable homes that sold in Leaside over the past two years, from 215 closings there.

What sellers nearby are askingCurrently listed nearby in Leaside · asking prices
$1.89Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,450/sqft; this home lists at $1,535/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home2.00M2.05M2.10M1.40MThis 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

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.

Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K
St. Andrew-Windfields
$4.10M
Dovercourt-Wallace Emerson-Junction
$1.25M
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 Bessborough Drive Elementary and Middle School
89%
Bessborough Drive Elementary and Middle SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 89% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Northlea Elementary and Middle School · Public elementary0.5 km · 84% at standard
Maurice Cody Junior Public School · Public elementary0.9 km · 90% at standard
Rolph Road Elementary School · Public elementary1.2 km · 88% at standard
Hodgson Middle School · Public elementary1.6 km · 76% at standard
Northern Secondary School · Public secondary1.6 km · 82% at standard
Eglinton Junior Public School · Public elementary1.6 km · 70% at standard
Sunny View Junior and Senior Public School · Public elementary1.7 km
Bennington Heights Elementary School · Public elementary1.8 km · 80% at standard
Blythwood Junior Public School · Public elementary1.9 km · 88% at standard
North Toronto Collegiate Institute · Public secondary2.1 km · 88% at standard
Park Lane Public School · Public elementary2.1 km
John Fisher Junior Public School · Public elementary2.2 km · 85% at standard

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

Affordability & Mortgage

Affordability
$9,093/mo
$377KIncome needed
5.3×Price ÷ income
$2,098Weekly cost
$72,750Land 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.

91%mortgage
Mortgage $9,093Property tax $870Total carry $9,962

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 October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,825per month

Mortgage amount $1,596,000 · 4.49% over 25 years

$399,000Down payment (20.0%)
$1,596,000Loan before insurance
$0CMHC premium
$9,694Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,825
Property tax
$870
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,694

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

One-time closing costs

Ontario land transfer tax
$36,375
Toronto municipal land transfer tax
$36,375
Estimated closing costs
$72,750

Plus your down payment of $399,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,681/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

$1,051,367Total interest paid
$2,647,367Total of all payments
Principal $1,596,000 Interest $1,051,367
YearPrincipalInterestBalance
1$35,616$70,279$1,560,384
2$37,233$68,662$1,523,151
3$38,924$66,971$1,484,227
4$40,691$65,204$1,443,537
5$42,538$63,356$1,400,998
6$44,470$61,425$1,356,528
7$46,489$59,406$1,310,040
8$48,600$57,295$1,261,440
9$50,806$55,088$1,210,634
10$53,113$52,782$1,157,521
11$55,525$50,370$1,101,996
12$58,046$47,849$1,043,950
13$60,681$45,213$983,269
14$63,436$42,458$919,833
15$66,317$39,578$853,516
16$69,328$36,567$784,188
17$72,475$33,419$711,713
18$75,766$30,129$635,947
19$79,206$26,689$556,741
20$82,802$23,092$473,938
21$86,562$19,333$387,376
22$90,492$15,402$296,884
23$94,601$11,294$202,283
24$98,896$6,998$103,387
25$103,387$2,508$0

At the end of your 5-year term

Total paid over the term
$529,473
Principal paid down
$195,002
Interest paid
$334,472
Balance remaining
$1,400,998

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 31 whole-home leases in Leaside$5,182/mo
$62,184Gross annual rent
2.2%Cap rate after taxes and upkeep
$4,515 to $5,805Typical rent range

About the suite: in Leaside basements rarely rent out (1 of 80 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 31 whole-home leases in Leaside signed at a median of $5,429 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,182. 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.

3.1%
Gross yield
− Property tax $10,437− Insurance $1,400− Vacancy & upkeep $6,840Net operating income $43,507

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

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