199 Arlington Avenue, Toronto, ON
Humewood-Cedarvale, Toronto · MLS® C13867058
About this home
In short
- Welcome to 199 Arlington Ave - a never-lived-in home in Cedarvale, designed to maximize space, flexibility and income potential.
- The property features two optional self-contained living spaces: a fully separate, separately metered garden suite, plus a complete lower-level apartment.
- Alternatively, the garden suite offers an outstanding private home office, studio, guest suite or space for extended family.
- Hardwood flooring runs throughout, complemented by custom millwork, luxurious Italian fixtures and high-end built-in Thermador appliances.
- Enjoy easy access to parks, ravine trails, shops, restaurants, transit and neighbourhood amenities.
Welcome to 199 Arlington Ave - a never-lived-in home in Cedarvale, designed to maximize space, flexibility and income potential. Finished with a modern European sensibility, this home features top-of-the-line Italian finishes, including imported doors, windows, faucets and hardware, creating the feeling of a contemporary villa in the heart of the city. Designed to suit virtually any lifestyle, this is an incredible opportunity for growing families, investors, multi-generational living or anyone looking to offset their mortgage with substantial supplementary income. The property features two optional self-contained living spaces: a fully separate, separately metered garden suite, plus a complete lower-level apartment. Together, these spaces have the potential to generate an estimated $5,500-$6,000 per month in supplementary income. Alternatively, the garden suite offers an outstanding private home office, studio, guest suite or space for extended family. Inside, every detail is brand new. Hardwood flooring runs throughout, complemented by custom millwork, luxurious Italian fixtures and high-end built-in Thermador appliances. The layout has been carefully planned to maximize functionality without sacrificing style, offering generous principal rooms, natural light and sophisticated finishes. Set in sought-after Cedarvale, 199 Arlington offers the best of city living with a true neighbourhood feel. Enjoy easy access to parks, ravine trails, shops, restaurants, transit and neighbourhood amenities. Families will also appreciate being part of the Humewood Community School neighbourhood. Whether you are searching for a luxurious family home, an investment with multiple income streams, a multi-generational property, or simply a brand-new home with extraordinary flexibility, 199 Arlington delivers.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13867058
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 24.03 × 107.39 ft
- Cross streets
- St Clair Ave W & Bathurst St
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Finished, Apartment, Separate Entrance
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,325 / 2026
- Days on market
- 13
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
b/i ctr-top stove · custom backsplash · heated floor
overlooks backyard · walk-in closet(s) · 4 pc ensuite
hardwood floor · closet organizers · overlooks frontyard
centre island · b/i appliances · eat-in kitchen
3 pc bath · tile floor · quartz counter
4 pc ensuite · double sink · pocket doors
heated floor · above grade window · closet organizers
hardwood floor · skylight · pot lights
b/i closet · closet organizers · large window
b/i bookcase · combined w/kitchen · closet
heated floor · combined w/kitchen · above grade window
heated floor · above grade window · closet organizers
built-in speakers · combined w/living · open concept
4 pc bath · soaking tub · b/i vanity
b/i fridge · b/i microwave · custom backsplash
hardwood floor · combined w/dining · overlooks frontyard
hardwood floor · closet organizers · double closet
overlooks backyard · built-in speakers · gas fireplace
Listed at $2,199,000. Going by how homes in Humewood-Cedarvale and the wider GTA have actually closed against their asking prices (about 97%, 13 local closings in 90 days), the likely sale price is near $2.14M, if it sells. A realistic range is $2.00M to $2.41M.
Independent value check: $2.34M. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $2.20M and $2.45M).
Why $2.34M. The typical detached home sold in Humewood-Cedarvale over the past year went for about $1.81M (66 sales). What sets this one apart:
- ▲ Raises it strongly5+2 bedrooms and 5 baths, against 3+1 and 3 typically.
- ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,325 a year; the typical home sold here pays about $7,900.
Total price vs nearby homes. Likely closing about $2.14M, from 13 recent closings in this pocket.
The market behind the math:
About 3.5 months of inventory: 15 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $800/sqft against an area asking average of $1,292/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Humewood-Cedarvale: 7 of the 62 detached leases here lately were basement units, around $1,850 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.13M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Humewood Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Humewood-Cedarvale, so I widened the search to the surrounding area.
Based on 13 comparable homes that sold in Humewood-Cedarvale over the past two years, from 119 closings there.
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.34M, which is where my estimate comes from.
Per square foot, these ask about $1,112/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Humewood-Cedarvale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 $1,759,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,727
- Property tax
- $527
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,254
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,450
- Toronto municipal land transfer tax
- $41,450
- Estimated closing costs
- $82,900
Plus your down payment of $439,800. 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
- $583,615
- Principal paid down
- $214,942
- Interest paid
- $368,673
- Balance remaining
- $1,544,258
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
The suite is real income here: basements rent in Humewood-Cedarvale (7 of 62 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 numbersThe last 29 whole-home leases in Humewood-Cedarvale signed at a median of $3,875 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,731. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.