208 Carmichael Avenue, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13850864

$4,899,000
For Sale
Listed 18 days agoNo offer date stated
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5+3Bedrooms
7Bathrooms
2Garage · 4 parking
5,000Sq ft

About this home

In short

  • Designed by acclaimed architect Richard Wengle, this extraordinary Bedford Park-Nortown estate showcases over 8,000 sq. ft. of impeccably finished living space, where...
  • A grand circular foyer introduces elegant principal rooms adorned with soaring 10-ft ceilings, rich custom millwork, a stunning mahogany-paneled library, and...
  • A private elevator services all four levels.
  • The upper floors feature a luxurious primary retreat with dual walk-in closets and a spa-inspired ensuite, complemented by four additional private bedroom retreats...
  • The walk-up lower level rivals a private resort, highlighted by a breathtaking indoor swimming pool with a lounge area, recreation and games rooms, a home gym, a...

Designed by acclaimed architect Richard Wengle, this extraordinary Bedford Park-Nortown estate showcases over 8,000 sq. ft. of impeccably finished living space, where timeless architecture, refined craftsmanship, and resort-inspired amenities converge in a single exceptional residence. A grand circular foyer introduces elegant principal rooms adorned with soaring 10-ft ceilings, rich custom millwork, a stunning mahogany-paneled library, and expansive living and dining spaces designed for both grand entertaining and comfortable family living. At the heart of the home, the chef-inspired kitchen seamlessly connects to the spacious family room and breakfast area before extending to a spectacular covered terrace, creating effortless indoor-outdoor living. A private elevator services all four levels. The upper floors feature a luxurious primary retreat with dual walk-in closets and a spa-inspired ensuite, complemented by four additional private bedroom retreats, each with a versatile loft, lounge, study, or additional living space. The walk-up lower level rivals a private resort, highlighted by a breathtaking indoor swimming pool with a lounge area, recreation and games rooms, a home gym, a private office, and a full bath with shower. Outdoors, professionally landscaped grounds offer multiple entertaining spaces, including a covered living room, covered dining area, gazebo-covered hot tub, fire table lounge, tiered stone terraces, mature trees, and exceptional privacy, creating an outdoor sanctuary for year-round enjoyment. Ideally situated in one of Toronto's most prestigious neighbourhoods, steps to premier public and private schools, Avenue Road's boutiques, cafes, and fine dining, with convenient access to downtown, major highways, and Pearson International Airport. A truly rare offering where exceptional design, luxury, wellness, and location converge.

Key facts

Property type
Detached, 3-Storey
MLS®
C13850864
Bedrooms
5+3 (8 total)
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
60 × 115 ft
Cross streets
Wilson / Bathurst
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Indoor
Property tax
$24,244 / 2025
Days on market
18
Listing brokerage
RE/MAX PLUS CITY TEAM INC.

Rooms

Primary BedroomSecond6.73 × 4.78 m

6 pc ensuite · his and hers closets · bow window

Bedroom 5Third4.60 × 4.50 m

3 pc ensuite · hardwood floor · double closet

Bedroom 4Third4.55 × 3.68 m

double · 4 pc ensuite · hardwood floor

Family RoomMain5.18 × 4.14 m

w/o to deck · combined w/kitchen · crown moulding

DenThird2.88 × 2.75 m

Open Concept

LibraryMain5.56 × 4.80 m

b/i shelves · crown moulding · hardwood floor

RecreationThird3.94 × 3.81 m

3 pc ensuite · elevator

OtherBasement8.53 × 4.22 m

3 pc bath · sauna · walk-out

KitchenMain4.78 × 3.35 m

centre island · breakfast area · w/o to deck

Bedroom 3Second4.37 × 3.66 m

3 pc ensuite · b/i closet · combined w/den

Living RoomMain6.35 × 5.26 m

hardwood floor · gas fireplace · bow window

RecreationBasement11.45 × 7.43 m

open concept · w/o to pool · access to garage

Bedroom 2Second4.29 × 3.89 m

combined w/sitting · 4 pc ensuite · double closet

SittingSecond4.50 × 3.68 m

separate room · closet

Dining RoomMain6.05 × 4.39 m

crown moulding · hardwood floor · pot lights

FoyerMain4.52 × 3.30 m

crown moulding · hardwood floor · wainscoting

SittingSecond4.63 × 3.76 m

closet · separate room

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

The assigned public school is Ledbury Park 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

Bedford Park-Nortown, 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.

Willowdale East
$2.29M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Bayview Village
$1.60M
Woodbine-Lumsden
$949K

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 Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Summit Heights Public School · Public elementary0.6 km · 85% at standard
Bannockburn Public School · Public elementary0.7 km
Armour Heights Public School · Public elementary1.0 km · 70% at standard
Baycrest Public School · Public elementary1.2 km · 69% at standard
Faywood Arts-Based Curriculum School · Public elementary1.4 km · 70% at standard
John Wanless Junior Public School · Public elementary1.6 km · 88% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.6 km · 76% at standard
St Robert Catholic School · Catholic elementary1.9 km · 74% at standard
Dublin Heights Elementary and Middle School · Public elementary2.0 km · 68% at standard
Flemington Public School · Public elementary2.1 km · 36% at standard
Our Lady of the Assumption Catholic School · Catholic elementary2.1 km · 54% at standard
Lawrence Park Collegiate Institute · Public secondary2.2 km · 92% at standard

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

Affordability & Mortgage

Affordability
$22,328/mo
$917KIncome needed
5.3×Price ÷ income
$5,153Weekly cost
$245,880Land 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.

92%mortgage
Mortgage $22,328Property tax $2,020Total carry $24,348

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)
$21,670per month

Mortgage amount $3,919,200 · 4.49% over 25 years

$979,800Down payment (20.0%)
$3,919,200Loan before insurance
$0CMHC premium
$23,690Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,670
Property tax
$2,020
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,690

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

One-time closing costs

Ontario land transfer tax
$108,950
Toronto municipal land transfer tax
$136,930
Estimated closing costs
$245,880

Plus your down payment of $979,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$26,228/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

$2,581,779Total interest paid
$6,500,979Total of all payments
Principal $3,919,200 Interest $2,581,779
YearPrincipalInterestBalance
1$87,460$172,579$3,831,740
2$91,431$168,608$3,740,309
3$95,582$164,457$3,644,727
4$99,922$160,117$3,544,805
5$104,459$155,580$3,440,346
6$109,202$150,837$3,331,144
7$114,160$145,879$3,216,984
8$119,343$140,696$3,097,641
9$124,762$135,277$2,972,879
10$130,427$129,613$2,842,453
11$136,349$123,691$2,706,104
12$142,539$117,500$2,563,565
13$149,011$111,028$2,414,554
14$155,777$104,262$2,258,777
15$162,850$97,189$2,095,927
16$170,244$89,795$1,925,683
17$177,973$82,066$1,747,710
18$186,054$73,985$1,561,656
19$194,502$65,537$1,367,154
20$203,333$56,706$1,163,821
21$212,565$47,474$951,256
22$222,216$37,823$729,040
23$232,306$27,733$496,734
24$242,854$17,186$253,880
25$253,880$6,159$0

At the end of your 5-year term

Total paid over the term
$1,300,196
Principal paid down
$478,854
Interest paid
$821,342
Balance remaining
$3,440,346

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
1.8%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.

2.6%
Gross yield
− Property tax $24,244− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $86,496

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PLUS CITY TEAM INC.. MLS®/PropTx.

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