81 Macpherson Avenue, Toronto, ON
Annex, Toronto · MLS® C13840266
About this home
In short
- A Rare Summerhill Residence Where Design, Space & Location Come Together.
- Thoughtfully designed for sophisticated city living, this 4+1 bedroom, 3.5 bathroom residence combines contemporary style, exceptional functionality and true turnkey...
- The beautifully appointed kitchen features a Sub-Zero integrated fridge/freezer, Wolf 6-burner gas range, Dacor stainless steel built-in wall oven and Wolf built-in...
- Upstairs, generously proportioned bedrooms offer privacy and comfort, with heated floors in both upper-level bathrooms.
- The rare double garage features in-floor radiant heating (separate system), an epoxy-finished floor, skylight and adjoining cabana, adding another level of year-round...
A Rare Summerhill Residence Where Design, Space & Location Come Together. Welcome to 81 Macpherson Avenue, an exceptional 3-storey detached home offering approximately 2,500 sq. ft. plus a finished lower level in one of Toronto's most coveted neighbourhoods.Thoughtfully designed for sophisticated city living, this 4+1 bedroom, 3.5 bathroom residence combines contemporary style, exceptional functionality and true turnkey comfort. Large windows and skylights flood the home with natural light, creating bright, airy interiors throughout. All mechanical systems have been upgraded, offering added comfort and peace of mind.The beautifully appointed kitchen features a Sub-Zero integrated fridge/freezer, Wolf 6-burner gas range, Dacor stainless steel built-in wall oven and Wolf built-in microwave, and flows seamlessly into the living spaces and private rear outdoor space. A standout feature is the heated rear patio, providing a snow-free connection from the garage to the house, an incredible convenience during Toronto winters. Upstairs, generously proportioned bedrooms offer privacy and comfort, with heated floors in both upper-level bathrooms. Crowning the home is a spectacular rooftop terrace with stunning views of the downtown Toronto skyline, perfect for entertaining or relaxing above the city. The finished lower level provides flexible space for guests, a home office, gym and or a recreation room. The rare double garage features in-floor radiant heating (separate system), an epoxy-finished floor, skylight and adjoining cabana, adding another level of year-round comfort and functionality. Set in the heart of Summerhill, steps to Yonge Street shops, restaurants and cafés, Summerhill subway station and minutes to Rosedale, Yorkville and downtown Toronto. Space, light, luxury and location-experience Summerhill living at its best. Book your private showing of 81 Macpherson Avenue today. See List of Inclusions for All the Upgrades.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13840266
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 23 × 120 ft
- Cross streets
- Yonge St. and Macpherson Ave.
- Parking
- 2 garage (detached)
- Driveway
- Lane
- Basement
- Finished
- Heating
- Water
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $18,762 / 2025
- Days on market
- 20
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
hardwood floor · walk-in closet(s) · 5 pc ensuite
bay window · hardwood floor · marble fireplace
hardwood floor · bay window · fireplace
broadloom · pot lights · 3 pc bath
hardwood floor · stainless steel appl · breakfast bar
broadloom · window · closet
broadloom · pot lights · closet
bay window · hardwood floor · pot lights
w/o to deck · sliding doors · closet
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 readIts public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $1,396/sqft; this home lists at $2,398/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Annex, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $4,316,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,864
- Property tax
- $1,564
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,427
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $121,350
- Toronto municipal land transfer tax
- $163,200
- Estimated closing costs
- $284,550
Plus your down payment of $1,079,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,431,834
- Principal paid down
- $527,336
- Interest paid
- $904,499
- Balance remaining
- $3,788,664
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.