37 Johnston Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13811412

$1,549,900
For Sale
Listed 16 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
3Parking
1500-2000Sq ft

About this home

In short

  • A rare opportunity to own an updated home on an exceptional deep lot in one of Toronto's most desirable neighbourhoods.
  • Inside, the bright, carpet-free interior is warm and inviting, with hardwood flooring and thoughtful updates throughout.
  • The renovated kitchen combines style and function with generous cabinetry, quality countertops and newer stainless steel appliances, while two updated bathrooms...
  • The remarkably deep, private backyard creates a rare urban retreat, surrounded by mature greenery and anchored by a magnificent century-old tree.
  • Beyond its immediate appeal, the generous lot presents intriguing possibilities for buyers considering a future addition, reconfiguration or new vision for the...

A rare opportunity to own an updated home on an exceptional deep lot in one of Toronto's most desirable neighbourhoods. 37 Johnston Street offers the best of both worlds: a beautifully maintained home to enjoy today, paired with outstanding outdoor space and exciting possibilities for the future.Inside, the bright, carpet-free interior is warm and inviting, with hardwood flooring and thoughtful updates throughout. The renovated kitchen combines style and function with generous cabinetry, quality countertops and newer stainless steel appliances, while two updated bathrooms feature fresh, contemporary finishes. Comfortable and welcoming, the home is equally suited to everyday family living, entertaining or working from home.Outside is where this property truly distinguishes itself. The remarkably deep, private backyard creates a rare urban retreat, surrounded by mature greenery and anchored by a magnificent century-old tree. An expansive entertainment deck, covered pergola, hot tub and dedicated firepit area provide multiple spaces to gather, relax and enjoy the outdoors throughout the seasons.Beyond its immediate appeal, the generous lot presents intriguing possibilities for buyers considering a future addition, reconfiguration or new vision for the property, subject to applicable approvals.Ideally located just moments from Yonge Street, with convenient access to shopping, restaurants, cafés, parks, schools, transit and major commuter routes.Move in and enjoy, expand over time, or explore the possibilities of this exceptional property. With an updated interior, incredible backyard and a lot of this scale, 37 Johnston Street is a Toronto opportunity that is increasingly difficult to find.

Key facts

Property type
Detached, 2-Storey
MLS®
C13811412
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
31 × 130 ft
Cross streets
W.Yonge/S.Sheppard/N.401
Parking
3 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Shingles, Asphalt Shingle
Sewer
Sewer
Property tax
$7,827 / 2026
Days on market
16
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenMain2.62 × 3.99 m

custom backsplash · hidden lights · stainless steel appl

Bedroom 3Second3.05 × 3.25 m

skylight · ceiling fan(s)

BedroomBasement3.83 × 2.59 m

3 pc ensuite · b/i bookcase · pot lights

Bedroom 2Second3.91 × 3.61 m

large window · his and hers closets · overlooks frontyard

Family RoomMain3.43 × 4.17 m

fireplace · w/o to deck · open concept

Dining RoomMain5.21 × 3.53 m

combined w/living · crown moulding · window

Primary BedroomSecond4.04 × 4.30 m

ensuite bath · walk-in closet(s) · juliette balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.51Mlikely sale price

Listed at $1,549,900. Going by how homes in Lansing-Westgate and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $1.51M, if it sells. A realistic range is $1.41M to $1.70M.

Independent value check: $1.34M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.26M and $1.41M).

Why $1.34M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,827 a year; the typical home sold here pays about $9,900.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.41MBelow recent closings$1.70MAbove recent closings

Total price vs nearby homes. Likely closing about $1.51M, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$2.05Mmedian sold price
97%of asking, on average
+10%prices vs a year ago
~21 dayshomes like this take to sell
16days on market so far
$4,518/moest. rent · 34 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 8 detached homes for sale in the area against 19 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 $886/sqft against an area asking average of $996/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.33M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • 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

Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO 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 ($886/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 19 comparable homes that sold in Lansing-Westgate over the past two years, from 131 closings there.

What sellers nearby are askingCurrently listed nearby in Lansing-Westgate · 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 $1.34M, which is where my estimate comes from.

Per square foot, these ask about $965/sqft; this home lists at $886/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.55MThis home2.17M1.60M2.20M2.00M1.34MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,353 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M671

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
$3.98M
Don Valley Village
$1.25M
York University Heights
$1.15M
Oakwood Village
$1.88M
Wexford-Maryvale
$985K

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 · 0.9 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 secondary0.6 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.6 km
Claude Watson School for the Arts · Public elementary0.8 km · 96% at standard
Avondale Alternative Elementary School · Public elementary1.0 km · 94% at standard
Avondale Public School · Public elementary1.0 km · 70% at standard
Earl Haig Secondary School · Public secondary1.3 km · 90% at standard
McKee Public School · Public elementary1.7 km · 86% at standard
Churchill Public School · Public elementary1.8 km · 83% at standard
Owen Public School · Public elementary1.9 km · 59% at standard
St Andrew's Middle School · Public elementary1.9 km · 81% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary2.0 km · 76% at standard
Armour Heights Public School · Public elementary2.0 km · 70% at standard

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

Affordability & Mortgage

Affordability
$7,064/mo
$293KIncome needed
5.3×Price ÷ income
$1,630Weekly cost
$54,946Land 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 $7,064Property tax $652Total carry $7,716

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 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,856per month

Mortgage amount $1,239,920 · 4.49% over 25 years

$309,980Down payment (20.0%)
$1,239,920Loan before insurance
$0CMHC premium
$7,508Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,856
Property tax
$652
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,508

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

One-time closing costs

Ontario land transfer tax
$27,473
Toronto municipal land transfer tax
$27,473
Estimated closing costs
$54,946

Plus your down payment of $309,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,298/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

$816,799Total interest paid
$2,056,719Total of all payments
Principal $1,239,920 Interest $816,799
YearPrincipalInterestBalance
1$27,670$54,599$1,212,250
2$28,926$53,343$1,183,324
3$30,239$52,029$1,153,085
4$31,612$50,656$1,121,472
5$33,048$49,221$1,088,425
6$34,548$47,721$1,053,876
7$36,117$46,152$1,017,760
8$37,757$44,512$980,003
9$39,471$42,798$940,532
10$41,263$41,006$899,269
11$43,137$39,132$856,132
12$45,095$37,174$811,037
13$47,143$35,126$763,894
14$49,283$32,986$714,611
15$51,521$30,748$663,090
16$53,860$28,409$609,230
17$56,306$25,963$552,924
18$58,862$23,407$494,062
19$61,535$20,734$432,527
20$64,329$17,940$368,199
21$67,249$15,019$300,949
22$70,303$11,966$230,647
23$73,495$8,774$157,152
24$76,832$5,437$80,320
25$80,320$1,949$0

At the end of your 5-year term

Total paid over the term
$411,344
Principal paid down
$151,495
Interest paid
$259,848
Balance remaining
$1,088,425

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 34 whole-home leases in Lansing-Westgate$4,518/mo
$54,216Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,142 to $5,354Typical rent range
~37 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 34 whole-home leases in Lansing-Westgate signed at a median of $4,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,518. 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.

3.5%
Gross yield
− Property tax $7,827− Insurance $1,400− Vacancy & upkeep $5,964Net operating income $39,025

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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