5 Glenelia Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C14031944

$3,980,000
For Sale
Listed 1 day agoNo offer date stated
4+1Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Welcome to an exceptional custom-built residence set on a wide 65' south-facing lot in primeNorth York.
  • Basking in natural light, the main floor impresses with dramatic 14' soaringceilings, exquisite millwork, coffered accents, integrated speakers, and smart...
  • The gourmet chef's kitchen features anoversized quartz center island with a prep sink, custom cabinetry, and a bright breakfastnook.
  • Designed for modern luxury and effortless comfort, additional highlights includeradiant heated basement floors, dual HVAC systems, two laundry areas, a mudroom with...
  • Minutes to top-rated schools.

Welcome to an exceptional custom-built residence set on a wide 65' south-facing lot in primeNorth York. Basking in natural light, the main floor impresses with dramatic 14' soaringceilings, exquisite millwork, coffered accents, integrated speakers, and smart homeautomation, serviced by a convenient 4-level elevator. The gourmet chef's kitchen features anoversized quartz center island with a prep sink, custom cabinetry, and a bright breakfastnook. A grand panelled office with a feature fireplace provides the ultimate work-from-homesanctuary. Upstairs, the lavish primary suite offers a cozy gas fireplace, dual skylit walk-inclosets, and a spa-style 7-piece ensuite. All bedrooms feature private ensuites with heatedfloors. Designed for modern luxury and effortless comfort, additional highlights includeradiant heated basement floors, dual HVAC systems, two laundry areas, a mudroom with sideentrance, EV charger, and in-ground sprinklers. Minutes to top-rated schools. Impeccablymaintained & move-in ready!

Key facts

Property type
Detached, 2-Storey
MLS®
C14031944
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
63.02 × 143 ft
Cross streets
Bayview Ave And Cummer Ave
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Brick, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$21,784 / 2026
Days on market
1
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

Bedroom 3Second4.75 × 4.00 m

3 pc ensuite · walk-in closet(s) · pot lights

KitchenMain6.20 × 5.23 m

breakfast area · centre island · quartz counter

Exercise RoomBasement5.08 × 3.23 m

glass doors · built-in speakers · pot lights

Bedroom 2Second6.12 × 5.50 m

3 pc ensuite · walk-in closet(s) · pot lights

Bedroom 5Basement4.80 × 3.90 m

4 pc ensuite · tile floor · pot lights

Dining RoomMain5.00 × 4.20 m

hardwood floor · built-in speakers · combined w/living

Primary BedroomSecond6.80 × 5.42 m

7 pc ensuite · gas fireplace · walk-in closet(s)

LibraryIn Between6.10 × 5.47 m

fireplace · b/i bookcase · pot lights

Living RoomMain5.00 × 5.90 m

wainscoting · coffered ceiling(s)

RecreationBasement11.41 × 5.80 m

gas fireplace · wet bar · w/o to yard

Bedroom 4Second4.96 × 4.09 m

3 pc ensuite · walk-in closet(s) · pot lights

Family RoomMain5.36 × 5.30 m

gas fireplace · w/o to deck · built-in speakers

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.83Mlikely sale price

Listed at $3,980,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $3.83M, if it sells. A realistic range is $3.59M to $4.31M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$3.59MBelow recent closings$4.31MAbove recent closings

Total price vs nearby homes. Likely closing about $3.83M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−11%prices vs a year ago
~22 dayshomes like this take to sell
1days on market so far
$6,335/moest. rent · 6 leases
1.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 9 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $936/sqft against an area asking average of $751/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out 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 Newtonbrook East: 38 of the 210 detached leases here lately were basement units, around $1,800 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.
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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.71M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 22 comparable homes that sold in Newtonbrook East over the past two years, from 145 closings there.

Sold price trend

Median sold price for detached homes in Newtonbrook East: $1.25M in September 2026, down 17% from a year ago, on 69 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.43M5
March 2026$1.40M11
April 2026$2.25M7
May 2026$1.38M15
June 2026$1.31M7
July 2026$1.30M7
August 2026$1.28M9
September 2026$1.25M8

Neighbourhood & location

Newtonbrook East, 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 West
$1.92M
Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.96M
Lawrence Park South
$2.67M
Oakwood Village
$1.74M

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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 11 more schools within 2.5 km
St Joseph Morrow Park Catholic Secondary School · Catholic secondary0.2 km · 74% at standard
Lester B Pearson Elementary School · Public elementary0.7 km · 92% at standard
Blessed Trinity Catholic School · Catholic elementary0.9 km · 53% at standard
Brebeuf College School · Catholic secondary1.0 km · 80% at standard
Steelesview Public School · Public elementary1.2 km · 85% at standard
Finch Public School · Public elementary1.2 km · 72% at standard
Lillian Public School · Public elementary1.3 km · 62% at standard
Pineway Public School · Public elementary1.6 km · 48% at standard
Zion Heights Middle School · Public elementary1.9 km · 93% at standard
Bayview Middle School · Public elementary2.2 km · 80% at standard
Drewry Secondary School · Public secondary2.3 km

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

Affordability & Mortgage

Affordability
$18,140/mo
$752KIncome needed
5.3×Price ÷ income
$4,186Weekly cost
$181,750Land 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.

91%mortgage
Mortgage $18,140Property tax $1,815Total carry $19,955

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,605per month

Mortgage amount $3,184,000 · 4.49% over 25 years

$796,000Down payment (20.0%)
$3,184,000Loan before insurance
$0CMHC premium
$19,420Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,605
Property tax
$1,815
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,420

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

One-time closing costs

Ontario land transfer tax
$85,975
Toronto municipal land transfer tax
$95,775
Estimated closing costs
$181,750

Plus your down payment of $796,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$21,308/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

$2,097,465Total interest paid
$5,281,465Total of all payments
Principal $3,184,000 Interest $2,097,465
YearPrincipalInterestBalance
1$71,053$140,205$3,112,947
2$74,279$136,979$3,038,667
3$77,652$133,607$2,961,015
4$81,178$130,081$2,879,837
5$84,864$126,395$2,794,974
6$88,717$122,542$2,706,257
7$92,745$118,514$2,613,513
8$96,956$114,303$2,516,557
9$101,358$109,901$2,415,199
10$105,960$105,299$2,309,239
11$110,771$100,488$2,198,468
12$115,800$95,458$2,082,668
13$121,058$90,200$1,961,609
14$126,555$84,704$1,835,055
15$132,301$78,958$1,702,754
16$138,308$72,951$1,564,446
17$144,588$66,671$1,419,858
18$151,152$60,106$1,268,706
19$158,015$53,243$1,110,691
20$165,190$46,069$945,501
21$172,690$38,568$772,810
22$180,531$30,728$592,279
23$188,728$22,531$403,552
24$197,297$13,962$206,255
25$206,255$5,004$0

At the end of your 5-year term

Total paid over the term
$1,056,293
Principal paid down
$389,026
Interest paid
$667,267
Balance remaining
$2,794,974

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
From 6 whole-home leases in Newtonbrook East$6,335/mo
$76,020Gross annual rent
1.1%Cap rate after taxes and upkeep
$5,425 to $6,841Typical rent range
~24 daysTo find a tenant, on average

The suite is real income here: basements rent in Newtonbrook East (38 of 210 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 numbers

The last 6 whole-home leases in Newtonbrook East signed at a median of $6,385 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,335. 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.

1.9%
Gross yield
− Property tax $21,784− Insurance $1,400− Vacancy & upkeep $8,362Net operating income $44,474

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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