238 Poyntz Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13831046

$2,360,000
For Sale
Listed 12 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Welcome To This Beautifully Updated, Top-Quality Luxury Home In A Quiet West Lansing Neighbourhood, Ideally Located At Yonge & Sheppard.
  • Soaring Ceilings, Newly Replaced Hardwood Flooring And Spacious Open-Concept Living Areas Create An Elegant Yet Welcoming Atmosphere.
  • The Bright, Sunny Eat-In Kitchen Opens To A Spacious Family Room With Fireplace, With Walk-Out Access To A Private Patio, Beautifully Landscaped Yard & Gardens.
  • The Spacious Primary Suite Features A Luxurious 6-Piece Ensuite Bath.
  • A Rare Opportunity To Own A Spacious, Light-Filled Luxury Home In A Highly Sought-After Yonge & Sheppard Location, Close To Transit, Shops, Schools & Amenities.

Welcome To This Beautifully Updated, Top-Quality Luxury Home In A Quiet West Lansing Neighbourhood, Ideally Located At Yonge & Sheppard! A Grand Circular Oak Staircase And Striking Octagon Skylight Fill The Home With An Abundance Of Natural Light Across All Levels. Soaring Ceilings, Newly Replaced Hardwood Flooring And Spacious Open-Concept Living Areas Create An Elegant Yet Welcoming Atmosphere. The Bright, Sunny Eat-In Kitchen Opens To A Spacious Family Room With Fireplace, With Walk-Out Access To A Private Patio, Beautifully Landscaped Yard & Gardens. The Main Floor Also Features A Dedicated Home Office.Upstairs, A Bright Open Landing Leads To Four Generously Sized Bedrooms. The Spacious Primary Suite Features A Luxurious 6-Piece Ensuite Bath. Convenient Second-Floor Laundry, Additional Skylight And Thoughtful Layout Complete This Exceptional Family Home.A Rare Opportunity To Own A Spacious, Light-Filled Luxury Home In A Highly Sought-After Yonge & Sheppard Location, Close To Transit, Shops, Schools & Amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
C13831046
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
50 × 110 ft
Cross streets
Yonge/Sheppard/Hwy 401
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,267 / 2026
Days on market
12
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

BreakfastMain

hardwood floor · w/o to deck

Bedroom 4Second
Bedroom 2Second

double doors · closet · 4 pc ensuite

Family RoomMain

hardwood floor · open concept · gas fireplace

Primary BedroomSecond

coffered ceiling(s) · walk-in closet(s) · 6 pc ensuite

Bedroom 3Second
KitchenMain

stainless steel appl · breakfast bar · breakfast area

Dining RoomMain

hardwood floor · crown moulding · combined w/living

RecreationLower

4 pc bath · combined w/office · w/o to garden

FoyerMain

circular oak stairs · 2 pc bath · skylight

OfficeMain

hardwood floor · halogen lighting · coffered ceiling(s)

Living RoomMain

hardwood floor · crown moulding · combined w/dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.30Mlikely sale price

Listed at $2,360,000. 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 $2.30M, if it sells. A realistic range is $2.15M to $2.59M.

Independent value check: $1.93M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.81M and $2.03M).

Why $1.93M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly4+2 bedrooms and 5 baths, against 4+1 and 4 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $9,267 a year; the typical home sold here pays about $9,900.
List price
$2.15MBelow recent closings$2.59MAbove recent closings

Total price vs nearby homes. Likely closing about $2.30M, 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
12days on market so far
$7,205/moest. rent · 25 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 11 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 $726/sqft against an area asking average of $970/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Lansing-Westgate: 17 of the 136 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $1.80M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • 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 ($726/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.

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
York University Heights
$1.15M
Don Valley Village
$1.25M
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 · 0.4 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 secondary1.2 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.2 km
Claude Watson School for the Arts · Public elementary1.3 km · 96% at standard
Churchill Public School · Public elementary1.5 km · 83% at standard
Avondale Alternative Elementary School · Public elementary1.7 km · 94% at standard
Avondale Public School · Public elementary1.7 km · 70% at standard
Earl Haig Secondary School · Public secondary1.8 km · 90% at standard
Armour Heights Public School · Public elementary1.9 km · 70% at standard
Summit Heights Public School · Public elementary2.0 km · 85% at standard
Yorkview Public School · Public elementary2.0 km · 52% at standard
McKee Public School · Public elementary2.0 km · 86% at standard
St Robert Catholic School · Catholic elementary2.0 km · 74% at standard

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

Affordability & Mortgage

Affordability
$10,756/mo
$436KIncome needed
5.4×Price ÷ income
$2,482Weekly cost
$90,950Land 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.

93%mortgage
Mortgage $10,756Property tax $772Total carry $11,528

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)
$10,439per month

Mortgage amount $1,888,000 · 4.49% over 25 years

$472,000Down payment (20.0%)
$1,888,000Loan before insurance
$0CMHC premium
$11,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,439
Property tax
$772
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,211

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

One-time closing costs

Ontario land transfer tax
$45,475
Toronto municipal land transfer tax
$45,475
Estimated closing costs
$90,950

Plus your down payment of $472,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,635/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

$1,243,723Total interest paid
$3,131,723Total of all payments
Principal $1,888,000 Interest $1,243,723
YearPrincipalInterestBalance
1$42,132$83,137$1,845,868
2$44,045$81,224$1,801,823
3$46,045$79,224$1,755,778
4$48,136$77,133$1,707,642
5$50,321$74,948$1,657,321
6$52,606$72,663$1,604,715
7$54,994$70,275$1,549,721
8$57,491$67,778$1,492,230
9$60,102$65,167$1,432,128
10$62,831$62,438$1,369,297
11$65,683$59,586$1,303,614
12$68,666$56,603$1,234,949
13$71,783$53,486$1,163,165
14$75,043$50,226$1,088,123
15$78,450$46,819$1,009,673
16$82,012$43,257$927,661
17$85,735$39,534$841,926
18$89,628$35,641$752,298
19$93,698$31,571$658,600
20$97,952$27,317$560,649
21$102,399$22,870$458,249
22$107,049$18,220$351,201
23$111,909$13,360$239,292
24$116,990$8,279$122,302
25$122,302$2,967$0

At the end of your 5-year term

Total paid over the term
$626,345
Principal paid down
$230,679
Interest paid
$395,666
Balance remaining
$1,657,321

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 25 whole-home leases in Lansing-Westgate$7,205/mo
$86,460Gross annual rent
2.8%Cap rate after taxes and upkeep
$6,220 to $8,977Typical rent range
~37 daysTo find a tenant, on average

The suite is real income here: basements rent in Lansing-Westgate (17 of 136 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 25 whole-home leases in Lansing-Westgate signed at a median of $6,488 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,205. 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.

3.7%
Gross yield
− Property tax $9,267− Insurance $1,400− Vacancy & upkeep $9,511Net operating income $66,282

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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