534 Deloraine Avenue, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13809212

$2,079,000
For Sale
Listed 28 days agoNo offer date stated
3+1Bedrooms
2Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 534 Deloraine Ave, located in the heart of Ledbury Park, a prime and charming, family-oriented area.
  • This exceptional home nestled on an impressive 50 ft wide lot offers privacy, value and incredible opportunities to grow.
  • Bright, inviting and extremely well maintained spacious rooms feature Pella Windows and blinds, natural hardwood floors and two cozy fireplaces.

Welcome to 534 Deloraine Ave, located in the heart of Ledbury Park, a prime and charming, family-oriented area. This exceptional home nestled on an impressive 50 ft wide lot offers privacy, value and incredible opportunities to grow. Bright, inviting and extremely well maintained spacious rooms feature Pella Windows and blinds, natural hardwood floors and two cozy fireplaces. Step out onto a large deck and enjoy a peaceful retreat in the spacious, fenced backyard. Walkable access to top-rated schools, childcare centers, library, community center, scenic parks, grocery stores, charming shops, trendy bakeries, acclaimed restaurants and seamless transit.

Key facts

Property type
Detached, 2-Storey
MLS®
C13809212
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
50 × 103.08 ft
Cross streets
Lawrence/Avenue Rd
Parking
1 garage · 3 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,024 / 2026
Days on market
28
Listing brokerage
DEVELOPMENT PRO REALTY INC.

Rooms

Bedroom 3Second5.35 × 2.75 m

Hardwood Floor

Primary BedroomSecond4.10 × 3.70 m

walk-in closet(s) · hardwood floor

KitchenMain8.12 × 5.11 m
Dining RoomMain4.26 × 2.33 m

Hardwood Floor

RecreationBasement6.14 × 2.90 m

fireplace · b/i shelves

Living RoomMain7.03 × 3.30 m

hardwood floor · fireplace

Bedroom 2Second5.27 × 2.72 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.02Mlikely sale price

Listed at $2,079,000. Going by how homes in Bedford Park-Nortown and the wider GTA have actually closed against their asking prices (about 97%, 27 local closings in 90 days), the likely sale price is near $2.02M, if it sells. A realistic range is $1.90M to $2.28M.

Independent value check: $1.67M. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $1.57M and $1.75M).

Why $1.67M. The typical detached home sold in Bedford Park-Nortown over the past year went for about $2.58M (128 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $9,024 a year; the typical home sold here pays about $12,900.
  • ▼ Lowers it strongly3+1 bedrooms and 2 baths, against 4+1 and 4 typically.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.90MBelow recent closings$2.28MAbove recent closings

Total price vs nearby homes. Likely closing about $2.02M, from 27 recent closings in this pocket.

The market behind the math:

27sold nearby · 90 days
$2.90Mmedian sold price
97%of asking, on average
+4%prices vs a year ago
~13 dayshomes like this take to sell
28days on market so far
$5,915/moest. rent · 42 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 4 months of inventory: 36 detached homes for sale in the area against 27 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 $1,188/sqft against an area asking average of $1,201/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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.81M. Condition and finishes remain an in-person call.

What the listing highlights2 points 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Ledbury Park 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

Priced above comparable homes overall, but the price per square foot ($1,188/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Bedford Park-Nortown, so I widened the search to the surrounding area.

Based on 27 comparable homes that sold in Bedford Park-Nortown over the past two years, from 262 closings there.

What sellers nearby are askingCurrently listed nearby in Bedford Park-Nortown · asking prices
$1.86Mavg 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 $1.67M, which is where my estimate comes from.

Per square foot, these ask about $1,188/sqft; this home lists at $1,188/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.08MThis home1.55M2.56M1.60M1.40M2.20MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Bedford Park-Nortown: $2.68M in September 2026, up 4% from a year ago, on 131 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$2.71M11
November 2025$2.56M8
December 2025$2.70M5
February 2026$2.88M11
March 2026$2.20M9
April 2026$2.31M16
May 2026$3.01M14
June 2026$2.48M19
July 2026$2.62M18
August 2026$3.24M8
September 2026$2.68M12

Neighbourhood & location

Bedford Park-Nortown, 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
Willowdale East
$2.19M
Leaside
$2.15M
Dovercourt-Wallace Emerson-Junction
$1.25M
Woodbine-Lumsden
$949K

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 Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bannockburn Public School · Public elementary0.6 km
John Wanless Junior Public School · Public elementary1.2 km · 88% at standard
Baycrest Public School · Public elementary1.2 km · 69% at standard
Summit Heights Public School · Public elementary1.3 km · 85% at standard
Armour Heights Public School · Public elementary1.4 km · 70% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.5 km · 54% at standard
Lawrence Park Collegiate Institute · Public secondary1.5 km · 92% at standard
Glenview Senior Public School · Public elementary1.7 km
Flemington Public School · Public elementary1.8 km · 36% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.8 km · 76% at standard
Blessed Sacrament Catholic School · Catholic elementary1.8 km · 83% at standard
John Ross Robertson Junior Public School · Public elementary1.9 km · 83% at standard

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

Affordability & Mortgage

Affordability
$9,475/mo
$387KIncome needed
5.4×Price ÷ income
$2,187Weekly cost
$76,900Land 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.

93%mortgage
Mortgage $9,475Property tax $752Total carry $10,227

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)
$9,196per month

Mortgage amount $1,663,200 · 4.49% over 25 years

$415,800Down payment (20.0%)
$1,663,200Loan before insurance
$0CMHC premium
$9,948Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,196
Property tax
$752
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,948

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

One-time closing costs

Ontario land transfer tax
$38,450
Toronto municipal land transfer tax
$38,450
Estimated closing costs
$76,900

Plus your down payment of $415,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,130/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

$1,095,635Total interest paid
$2,758,835Total of all payments
Principal $1,663,200 Interest $1,095,635
YearPrincipalInterestBalance
1$37,116$73,238$1,626,084
2$38,801$71,553$1,587,284
3$40,562$69,791$1,546,721
4$42,404$67,949$1,504,317
5$44,329$66,024$1,459,988
6$46,342$64,011$1,413,645
7$48,446$61,907$1,365,199
8$50,646$59,707$1,314,553
9$52,946$57,408$1,261,608
10$55,349$55,004$1,206,258
11$57,863$52,491$1,148,396
12$60,490$49,864$1,087,906
13$63,236$47,117$1,024,670
14$66,107$44,246$958,562
15$69,109$41,245$889,453
16$72,247$38,107$817,207
17$75,527$34,826$741,680
18$78,956$31,397$662,723
19$82,541$27,812$580,182
20$86,289$24,065$493,893
21$90,207$20,147$403,687
22$94,302$16,051$309,384
23$98,584$11,769$210,800
24$103,060$7,293$107,740
25$107,740$2,614$0

At the end of your 5-year term

Total paid over the term
$551,767
Principal paid down
$203,212
Interest paid
$348,555
Balance remaining
$1,459,988

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 42 whole-home leases in Bedford Park-Nortown$5,915/mo
$70,980Gross annual rent
2.5%Cap rate after taxes and upkeep
$5,333 to $6,605Typical rent range
~30 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 42 whole-home leases in Bedford Park-Nortown signed at a median of $5,890 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,915. 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 $9,024− Insurance $1,400− Vacancy & upkeep $7,808Net operating income $52,749

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

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