551 Broadway Avenue, Toronto, ON

Leaside, Toronto · MLS® C14089238

$3,899,000
For Sale
Listed 2 days agoNo offer date stated
3Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Exceptional Custom-Built Luxury Home In Prestigious North Leaside.
  • The Spectacular Open-Concept Main Floor Features Soaring 11-Ft Ceilings, Floor-To-Ceiling European Aluminum Windows And An Abundance Of Natural Light, Enhanced By 7...
  • The Gourmet Kitchen Boasts Sleek Carbon Cabinetry And Premium JennAir Appliances, Including A 6-Burner Gas Stove And Built-In Oven.
  • The Luxurious Primary Suite Features A Boutique-Style Walk-In Closet And Spa-Inspired 5-Piece Ensuite With Heated Floors.
  • The Beautifully Finished Walk-Up Lower Level Is An Entertainer's Dream, Featuring Heated Floors, A Custom 100-Bottle Wine Display, Elegant Wet Bar With Accent...

Exceptional Custom-Built Luxury Home In Prestigious North Leaside! Completed In 2024, This Stunning Approx. 3,000 Sq. Ft. Detached Residence Showcases Contemporary Architecture, Sophisticated Design And Outstanding Craftsmanship. Located In A Highly Desirable Neighbourhood, This Home Offers Modern Elegance And Exceptional Comfort. The Spectacular Open-Concept Main Floor Features Soaring 11-Ft Ceilings, Floor-To-Ceiling European Aluminum Windows And An Abundance Of Natural Light, Enhanced By 7 Skylights Throughout. Premium European Engineered Hardwood Flooring Extends Across The Main And Second Levels. A Stylish Private Office With Custom Wood And Glass Doors Provides An Ideal Workspace, While The Living And Dining Areas Feature Striking Custom 3D Fireplaces And Designer Wall Units. The Gourmet Kitchen Boasts Sleek Carbon Cabinetry And Premium JennAir Appliances, Including A 6-Burner Gas Stove And Built-In Oven. Upstairs, Four Spacious Bedrooms Offer Bright, Inviting Living Spaces. The Luxurious Primary Suite Features A Boutique-Style Walk-In Closet And Spa-Inspired 5-Piece Ensuite With Heated Floors. Skylights Illuminate The Upper-Level Bathrooms And Closets. The Beautifully Finished Walk-Up Lower Level Is An Entertainer's Dream, Featuring Heated Floors, A Custom 100-Bottle Wine Display, Elegant Wet Bar With Accent Lighting And Built-In Wine Fridge. Additional Highlights Include Heated Foyer And Bathroom Floors, Exquisite Designer Tilework And Exceptional Attention To Detail. Conveniently Located Near Excellent Schools, Parks, Shopping And Amenities. A Rare Opportunity To Own A Modern Architectural Gem In One Of Toronto's Most Sought-After Neighbourhoods!

Key facts

Property type
Detached, 2-Storey
MLS®
C14089238
Bedrooms
3
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
30 × 135 ft
Cross streets
Bayview and Eglinton
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Aluminum Siding
Foundation
Other
Roof
Membrane
Sewer
Sewer
Property tax
$15,534 / 2026
Days on market
2
Listing brokerage
GET SOLD REALTY INC.

Rooms

KitchenSecond7.54 × 5.84 m
BedroomSecond2.23 × 4.80 m
Bedroom 2Second5.17 × 3.50 m
Dining RoomSecond7.32 × 5.41 m
BedroomSecond3.60 × 3.36 m
Bedroom 3Second5.78 × 3.40 m
OfficeMain2.90 × 2.10 m
Living RoomSecond7.32 × 5.43 m
BedroomBasement3.70 × 1.90 m
Great RoomBasement2.19 × 5.68 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

On schools, this address is zoned for Leaside High School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

What sellers nearby are askingCurrently listed nearby in Leaside · asking prices
$3.16Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,308/sqft; this home lists at $1,418/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.90MThis home3.50M3.59M2.40MThis home vs active comparables

Neighbourhood & location

Leaside, 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.

Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K
Wexford-Maryvale
$849K
Willowdale East
$2.29M
Bayview Village
$1.60M

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 Northlea Elementary and Middle School
84%
Northlea Elementary and Middle SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 84% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bessborough Drive Elementary and Middle School · Public elementary1.0 km · 89% at standard
Park Lane Public School · Public elementary1.5 km
Maurice Cody Junior Public School · Public elementary1.5 km · 90% at standard
Sunny View Junior and Senior Public School · Public elementary1.7 km
Rolph Road Elementary School · Public elementary1.8 km · 88% at standard
Blythwood Junior Public School · Public elementary1.8 km · 88% at standard
Northern Secondary School · Public secondary1.9 km · 82% at standard
Eglinton Junior Public School · Public elementary2.0 km · 70% at standard
St Bonaventure Catholic School · Catholic elementary2.1 km · 84% at standard
Hodgson Middle School · Public elementary2.1 km · 76% at standard
Fraser Mustard Early Learning Academy · Public elementary2.2 km
Thorncliffe Park Public School · Public elementary2.2 km · 33% at standard

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

Affordability & Mortgage

Affordability
$17,770/mo
$719KIncome needed
5.4×Price ÷ income
$4,101Weekly cost
$176,890Land 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.

93%mortgage
Mortgage $17,770Property tax $1,295Total carry $19,065

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)
$17,247per month

Mortgage amount $3,119,200 · 4.49% over 25 years

$779,800Down payment (20.0%)
$3,119,200Loan before insurance
$0CMHC premium
$18,541Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,247
Property tax
$1,295
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,541

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

One-time closing costs

Ontario land transfer tax
$83,950
Toronto municipal land transfer tax
$92,940
Estimated closing costs
$176,890

Plus your down payment of $779,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$20,874/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

$2,054,778Total interest paid
$5,173,978Total of all payments
Principal $3,119,200 Interest $2,054,778
YearPrincipalInterestBalance
1$69,607$137,352$3,049,593
2$72,768$134,191$2,976,825
3$76,072$130,887$2,900,753
4$79,526$127,433$2,821,228
5$83,136$123,823$2,738,091
6$86,911$120,048$2,651,180
7$90,857$116,102$2,560,323
8$94,983$111,977$2,465,340
9$99,295$107,664$2,366,045
10$103,804$103,156$2,262,242
11$108,517$98,443$2,153,725
12$113,444$93,515$2,040,282
13$118,594$88,365$1,921,687
14$123,979$82,980$1,797,708
15$129,608$77,351$1,668,100
16$135,493$71,466$1,532,607
17$141,645$65,314$1,390,962
18$148,076$58,883$1,242,885
19$154,799$52,160$1,088,086
20$161,828$45,131$926,258
21$169,176$37,783$757,082
22$176,857$30,102$580,226
23$184,887$22,072$395,339
24$193,281$13,678$202,057
25$202,057$4,902$0

At the end of your 5-year term

Total paid over the term
$1,034,796
Principal paid down
$381,109
Interest paid
$653,687
Balance remaining
$2,738,091

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$5,250/mo
$63,000Gross annual rent
1.0%Cap rate after taxes and upkeep

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.

1.6%
Gross yield
− Property tax $15,534− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $39,136

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

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