243 Florence Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C14025326
About this home
In short
- An extraordinary expression of architectural distinction and refined craftsmanship, 243 Florence Avenue presents a custom-designed residence where sophisticated...
- Offering 3,572 sq. ft. across the main and second floors, complemented by an additional 1,354 sq. ft. of finished lower-level living space, this remarkable home is...
- Ten-foot ceilings on the main and second floors, a dramatic 14-foot office ceiling, and 13-foot ceilings in the lower level create a magnificent sense of volume and...
- The chef-inspired kitchen is appointed with premium Sub-Zero and Wolf appliances, while three electric fireplaces and a gas fireplace in the lower level add warmth...
- One boiler is dedicated to driveway heating, while the second provides high-capacity hot water for all six bathrooms and radiant floor heating throughout the lower level.
An extraordinary expression of architectural distinction and refined craftsmanship, 243 Florence Avenue presents a custom-designed residence where sophisticated design, premium finishes, and advanced technology converge to create an exceptional living experience. Offering 3,572 sq. ft. across the main and second floors, complemented by an additional 1,354 sq. ft. of finished lower-level living space, this remarkable home is defined by its generous proportions and impressive ceiling heights. Ten-foot ceilings on the main and second floors, a dramatic 14-foot office ceiling, and 13-foot ceilings in the lower level create a magnificent sense of volume and openness. Designed for elevated family living, the residence features six bedrooms, each with its own ensuite bathroom, offering exceptional privacy and comfort for family and guests. The chef-inspired kitchen is appointed with premium Sub-Zero and Wolf appliances, while three electric fireplaces and a gas fireplace in the lower level add warmth and ambiance throughout the home. Thoughtfully curated features include an integrated smart-home system, a dedicated server area with access to the dining room, an elegant wine cellar, and two conveniently located laundry areas on the second floor and lower level. The home features a professionally engineered central furnace and air conditioning system, complemented by two independent boilers. One boiler is dedicated to driveway heating, while the second provides high-capacity hot water for all six bathrooms and radiant floor heating throughout the lower level. The entrance porch and exterior steps are also equipped with electric heating systems. Designed using detailed engineering calculations, the heating and cooling systems incorporate automatic thermostat controls and a temperature sensor positioned at the highest ceiling point to help maintain the desired indoor temperature.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C14025326
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 40 × 128.92 ft
- Cross streets
- Yonge St & Sheppard Ave W
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 6
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Rooms
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 (Cameron 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 saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $824/sqft; this home lists at $866/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Lansing-Westgate, 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 $2,944,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,278
- Estimated property tax
- $2,300
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,578
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $78,475
- Toronto municipal land transfer tax
- $85,275
- Estimated closing costs
- $163,750
Plus your down payment of $736,000. 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
- $976,673
- Principal paid down
- $359,702
- Interest paid
- $616,970
- Balance remaining
- $2,584,298
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 HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.