38 Edgar Avenue, Toronto, ON

Rosedale-Moore Park, Toronto · MLS® C13850836

$12,200,000
For Sale
Listed 18 days agoNo offer date stated
5+3Bedrooms
7Bathrooms
2Garage · 5 parking
5,000Sq ft

About this home

In short

  • Thoughtfully rebuilt and beautifully layered, 38 Edgar Avenue brings together heritage architecture, contemporary design, and global influences in a distinctly...
  • A traditional centre hall plan introduces generous principal rooms, including a living room with wood-burning fireplace and an expansive formal dining room, while the...
  • Limestone landscaping connects the front and rear gardens to the detached two-car garage, with additional space beyond, prepared garden suite plans, and further...

Thoughtfully rebuilt and beautifully layered, 38 Edgar Avenue brings together heritage architecture, contemporary design, and global influences in a distinctly Rosedale setting. A traditional centre hall plan introduces generous principal rooms, including a living room with wood-burning fireplace and an expansive formal dining room, while the rear of the home opens into a light-filled family room and kitchen overlooking the landscaped garden and deep blue concrete pool. The Scavolini kitchen features all-glass cabinetry, marble counters, maple millwork, and Gaggenau appliances, complemented by a separate catering kitchen. Throughout, refined details create a strong sense of character, from marble-trimmed doorways inspired by the Bulgari Hotel in Rome to microcement fireplaces, custom panelling, and a sculptural wood screen rising through the home. Upstairs, the primary suite feels like a private retreat with garden views, a walk-in closet, and spa-like ensuite, alongside two additional bedrooms with ensuites and a front study opening to a terrace. The third floor offers a charming "treehouse" bedroom, a flexible office or lounge, and second laundry. The lower level extends the living space with a large recreation room, music studio or bedroom, laundry and storage, plus a private two-bedroom caregiver or in-law suite with sitting room, full bath, and rough-in for a future kitchenette. Limestone landscaping connects the front and rear gardens to the detached two-car garage, with additional space beyond, prepared garden suite plans, and further future potential, subject to approvals. A warm, highly considered home where traditional craftsmanship and modern living come together with ease.

Key facts

Property type
Detached, 3-Storey
MLS®
C13850836
Bedrooms
5+3 (8 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
66.42 × 240.1 ft
Cross streets
Edgar Avenue & Glen Road
Parking
2 garage · 5 parking (detached)
Basement
Apartment, Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Slate
Sewer
Sewer
Pool
Inground
Property tax
$44,113 / 2025
Days on market
18
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Rooms

RecreationLower7.09 × 4.19 m
BedroomLower3.61 × 3.35 m
Family RoomMain6.77 × 6.13 m
Bedroom 5Lower4.12 × 3.05 m
Dining RoomMain6.71 × 4.22 m
KitchenMain6.91 × 2.92 m
Media RoomLower5.13 × 4.78 m
Bedroom 3Second4.30 × 3.76 m
Bedroom 4Third4.47 × 3.79 m
FoyerMain6.07 × 2.16 m
Bedroom 2Second5.03 × 4.27 m
Primary BedroomSecond6.71 × 6.96 m
LibraryThird8.46 × 0.43 m
DenSecond2.44 × 2.29 m
Utility RoomThird2.87 × 1.91 m
LaundryLower4.45 × 3.00 m
Living RoomMain7.14 × 4.24 m
BedroomLower4.06 × 3.15 m
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 (Whitney Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Rosedale-Moore Park · asking prices
$8.64Mavg asking

Nothing 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 $1,963/sqft; this home lists at $2,440/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
12.20MThis home11.99M9.88M5.85M6.48M8.99MThis home vs active comparables

Neighbourhood & location

Rosedale-Moore Park, 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.

Leaside
$2.15M
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M
Wexford-Maryvale
$849K
Willowdale East
$2.29M

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 Whitney Junior Public School
94%
Whitney Junior Public SchoolPublic · Elementary · 0.5 km awayAmong the top in the GTA · 94% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Rosedale Junior Public School · Public elementary0.9 km · 94% at standard
Bennington Heights Elementary School · Public elementary1.2 km · 80% at standard
Rosedale Heights School of the Arts · Public secondary1.3 km · 80% at standard
CALC Secondary School · Public secondary1.5 km
Rose Avenue Junior Public School · Public elementary1.5 km · 46% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.6 km
Jackman Avenue Junior Public School · Public elementary1.7 km · 79% at standard
Cottingham Junior Public School · Public elementary1.8 km · 100% at standard
Chester Elementary School · Public elementary1.9 km · 70% at standard
Rolph Road Elementary School · Public elementary1.9 km · 88% at standard
Westwood Middle School · Public elementary1.9 km · 70% at standard
Jesse Ketchum Junior and Senior Public School · Public elementary1.9 km · 87% at standard

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

Affordability & Mortgage

Affordability
$55,604/mo
$2227KIncome needed
5.5×Price ÷ income
$12,832Weekly cost
$850,950Land 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.

94%mortgage
Mortgage $55,604Property tax $3,676Total carry $59,280

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$53,965per month

Mortgage amount $9,760,000 · 4.49% over 25 years

$2,440,000Down payment (20.0%)
$9,760,000Loan before insurance
$0CMHC premium
$57,641Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$53,965
Property tax
$3,676
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$57,641

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

One-time closing costs

Ontario land transfer tax
$291,475
Toronto municipal land transfer tax
$559,475
Estimated closing costs
$850,950

Plus your down payment of $2,440,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$65,316/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

$6,429,414Total interest paid
$16,189,414Total of all payments
Principal $9,760,000 Interest $6,429,414
YearPrincipalInterestBalance
1$217,802$429,775$9,542,198
2$227,691$419,886$9,314,508
3$238,029$409,548$9,076,479
4$248,836$398,740$8,827,643
5$260,134$387,442$8,567,508
6$271,946$375,631$8,295,563
7$284,293$363,284$8,011,270
8$297,201$350,376$7,714,069
9$310,695$336,881$7,403,374
10$324,802$322,775$7,078,572
11$339,549$308,027$6,739,022
12$354,966$292,610$6,384,056
13$371,083$276,494$6,012,973
14$387,932$259,645$5,625,042
15$405,545$242,031$5,219,496
16$423,959$223,618$4,795,538
17$443,208$204,368$4,352,329
18$463,332$184,245$3,888,998
19$484,369$163,208$3,404,629
20$506,361$141,216$2,898,268
21$529,352$118,225$2,368,917
22$553,386$94,190$1,815,530
23$578,512$69,064$1,237,018
24$604,779$42,797$632,239
25$632,239$15,338$0

At the end of your 5-year term

Total paid over the term
$3,237,883
Principal paid down
$1,192,492
Interest paid
$2,045,391
Balance remaining
$8,567,508

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$10,500/mo
$126,000Gross annual rent
0.5%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.0%
Gross yield
− Property tax $44,113− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $66,627

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

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