5 Mylesview Place, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13826114

$1,899,000
For Sale
Listed 25 days agoNo offer date stated
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About this home

In short

  • Ravine Lot In Premium Location Attention Builders, Contractors, Investors & Users.
  • Dream Home With A Permit Ready For Building Luxury 5400 Sq.
  • 2 Storey, 6 Bedroom Home.
  • Among Many Newly Built Million Dollar Homes, Quiet Cul-De-Sac With Mature Trees.
  • Close To Schools, Shopping And Other Amenities.

Ravine Lot In Premium Location*** Attention Builders, Contractors, Investors & Users!!! Do Not Miss Out This Perfect Opportunity! Build Your. Dream Home With A Permit Ready For Building Luxury 5400 Sq.Ft. 2 Storey, 6 Bedroom Home. Among Many Newly Built Million Dollar Homes, Quiet Cul-De-Sac With Mature Trees. Close To Schools, Shopping And Other Amenities.

Key facts

Property type
Other, Other
MLS®
C13826114
Lot
75 × 100 ft
Cross streets
Younge & Sheppard
Sewer
Sewer
Property tax
$7,797 / 2025
Days on market
25
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
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.

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.

Bayview Village
$522K
Henry Farm
$868K
Dovercourt-Wallace Emerson-Junction
$1.06M
Church-Yonge Corridor
$584K
Waterfront Communities C1
$548K

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
Churchill Public School · Public elementary1.3 km · 83% at standard
Yorkview Public School · Public elementary1.6 km · 52% at standard
St Robert Catholic School · Catholic elementary1.6 km · 74% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.7 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.7 km
Dublin Heights Elementary and Middle School · Public elementary1.8 km · 68% at standard
Claude Watson School for the Arts · Public elementary1.8 km · 96% at standard
St Antoine Daniel Catholic School · Catholic elementary2.0 km · 58% at standard
Summit Heights Public School · Public elementary2.0 km · 85% at standard
Earl Haig Secondary School · Public secondary2.2 km · 90% at standard
Armour Heights Public School · Public elementary2.2 km · 70% at standard
St Cyril Catholic School · Catholic elementary2.2 km · 90% at standard

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

Affordability & Mortgage

Affordability
$8,655/mo
$353KIncome needed
5.4×Price ÷ income
$1,997Weekly cost
$68,910Land 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 $8,655Property tax $650Total carry $9,305

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,400per month

Mortgage amount $1,519,200 · 4.49% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$9,050Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,400
Property tax
$650
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,050

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

One-time closing costs

Ontario land transfer tax
$34,455
Toronto municipal land transfer tax
$34,455
Estimated closing costs
$68,910

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,167/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

$1,000,775Total interest paid
$2,519,975Total of all payments
Principal $1,519,200 Interest $1,000,775
YearPrincipalInterestBalance
1$33,902$66,897$1,485,298
2$35,441$65,358$1,449,857
3$37,051$63,748$1,412,806
4$38,733$62,066$1,374,073
5$40,491$60,308$1,333,582
6$42,330$58,469$1,291,252
7$44,252$56,547$1,247,000
8$46,261$54,538$1,200,739
9$48,361$52,438$1,152,378
10$50,557$50,242$1,101,820
11$52,853$47,946$1,048,967
12$55,253$45,546$993,715
13$57,761$43,038$935,954
14$60,384$40,415$875,570
15$63,125$37,674$812,445
16$65,992$34,807$746,453
17$68,988$31,811$677,465
18$72,120$28,679$605,345
19$75,395$25,404$529,950
20$78,818$21,981$451,132
21$82,397$18,402$368,735
22$86,138$14,661$282,598
23$90,049$10,750$192,549
24$94,137$6,662$98,412
25$98,412$2,387$0

At the end of your 5-year term

Total paid over the term
$503,995
Principal paid down
$185,618
Interest paid
$318,377
Balance remaining
$1,333,582

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$2,650/mo
$31,800Gross annual rent
1.0%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.

1.7%
Gross yield
− Property tax $7,797− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $19,105

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

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