12 Pleasant Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13828998

$2,800,000
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
1Bathrooms
4Parking
700-1100Sq ft

About this home

In short

  • Attention Developers, Investors & Builders.
  • To be sold with #14, #18 Pleasant & other adjacent lots.
  • Each lot 6,275 sq ft of land area.
  • Within the 800m walking distance to the Yonge St Subway Line Extension.
  • Potential to add up to approx 66,000 sq ft of land area that allows for Development Height of 20-30 storeys.

Attention Developers, Investors & Builders! Prime Re-Development Location! Multiple lots available for land assembly. To be sold with #14, #18 Pleasant & other adjacent lots. Each lot 6,275 sq ft of land area. Within the 800m walking distance to the Yonge St Subway Line Extension. Potential to add up to approx 66,000 sq ft of land area that allows for Development Height of 20-30 storeys. Prime Location First Block inside Yonge St. w/Future Yonge St Subway Line Extension at Yonge & Steeles. Direct Subway Projected Access w/in 800 metres!! DO NOT GO DIRECT! Do Not Disturb Occupants! DO NOT WALK THE LOT w/o Listing Agent present. **EXTRAS** Property Part of a Future Land Assembly. Great RE-Development Opportunity Steps to Yonge St. in North York & Future Yonge St Subway Extension Line at Yonge & Steeles!

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
C13828998
Bedrooms
3
Bathrooms
1
Size
700-1100 sq ft
Lot
47.5 × 132 ft
Cross streets
Yonge St & Steeles Ave
Parking
4 parking
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,003 / 2026
Days on market
25
Listing brokerage
THE REALTY FIRM INC.

Rooms

Living RoomGround3.76 × 3.51 m
KitchenGround3.50 × 3.23 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is R J Lang 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.

Neighbourhood & location

Newtonbrook West, 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.

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 60% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Newtonbrook Secondary School · Public secondary0.5 km · 68% at standard
Drewry Secondary School · Public secondary0.7 km
Lillian Public School · Public elementary0.9 km · 62% at standard
Pleasant Public School · Public elementary1.2 km · 58% at standard
St Agnes Catholic School · Catholic elementary1.5 km · 82% at standard
Cummer Valley Middle School · Public elementary1.6 km · 79% at standard
Brebeuf College School · Catholic secondary1.7 km · 80% at standard
St Cyril Catholic School · Catholic elementary1.8 km · 90% at standard
North West Secondary Alternative School · Public secondary1.9 km
St Antoine Daniel Catholic School · Catholic elementary1.9 km · 58% at standard
Fisherville Senior Public School · Public elementary1.9 km
St Joseph Morrow Park Catholic Secondary School · Catholic secondary2.1 km · 74% at standard

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

Affordability & Mortgage

Affordability
$12,761/mo
$501KIncome needed
5.6×Price ÷ income
$2,945Weekly cost
$112,950Land 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.

96%mortgage
Mortgage $12,761Property tax $500Total carry $13,262

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)
$12,385per month

Mortgage amount $2,240,000 · 4.49% over 25 years

$560,000Down payment (20.0%)
$2,240,000Loan before insurance
$0CMHC premium
$12,886Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,385
Property tax
$500
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,886

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

One-time closing costs

Ontario land transfer tax
$56,475
Toronto municipal land transfer tax
$56,475
Estimated closing costs
$112,950

Plus your down payment of $560,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,990/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

$1,475,603Total interest paid
$3,715,603Total of all payments
Principal $2,240,000 Interest $1,475,603
YearPrincipalInterestBalance
1$49,987$98,637$2,190,013
2$52,257$96,367$2,137,756
3$54,630$93,995$2,083,126
4$57,110$91,514$2,026,016
5$59,703$88,921$1,966,313
6$62,414$86,210$1,903,900
7$65,248$83,377$1,838,652
8$68,210$80,414$1,770,442
9$71,307$77,317$1,699,135
10$74,545$74,079$1,624,590
11$77,929$70,695$1,546,661
12$81,468$67,156$1,465,193
13$85,167$63,458$1,380,027
14$89,033$59,591$1,290,993
15$93,076$55,548$1,197,917
16$97,302$51,322$1,100,615
17$101,720$46,904$998,895
18$106,338$42,286$892,557
19$111,167$37,458$781,390
20$116,214$32,410$665,176
21$121,491$27,134$543,686
22$127,007$21,617$416,679
23$132,773$15,851$283,906
24$138,802$9,822$145,104
25$145,104$3,520$0

At the end of your 5-year term

Total paid over the term
$743,121
Principal paid down
$273,687
Interest paid
$469,434
Balance remaining
$1,966,313

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
0.3%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.

0.6%
Gross yield
− Property tax $6,003− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,083

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

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