58 Franklin Avenue, Toronto, ON
Lansing-Westgate, Toronto · MLS® C14099448
About This Home
In short
- First time offered in over 45 years.
- At 864 sq ft plus a finished basement, this efficient floorplan is more functional than you'd expect, with a living and dining room, 2 bedrooms, 2 full washrooms and...
- The interior has been freshly painted throughout (2026).
- 7 inches of concrete between levels.
- Located in Lansing-Westgate, a short walk to Yonge Street shops and restaurants, with easy 401 access and close to Yonge/Sheppard subway.
Read the full description
First time offered in over 45 years. At 864 sq ft plus a finished basement, this efficient floorplan is more functional than you'd expect, with a living and dining room, 2 bedrooms, 2 full washrooms and a 3-season sunroom. The interior has been freshly painted throughout (2026). The finished rec room features a wood-burning fireplace, a built-in bar and two large windows. Built to last, with full concrete block construction and approx. 7 inches of concrete between levels. Parking for up to 4 cars in total on the property. This home comes with a detached double car garage that is ideal for hobbies, extra storage or parking. Located in Lansing-Westgate, a short walk to Yonge Street shops and restaurants, with easy 401 access and close to Yonge/Sheppard subway. Book your showing today.
Key Facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- C14099448
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 37.5 × 130 ft
- Cross streets
- Yonge St/ Sheppard Ave W (Yonge / Florence Ave)
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Mutual, Right Of Way, Private
- Basement
- Full, Finished
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,727 / 2026
- Days on market
- 9
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
See all 12 rooms, floor by floor
bay window · hardwood floor · california shutters
window · double sink · b/i appliances
unfinished · window
mirrored closet · w/o to sunroom · broadloom
3 Pc Bath
b/i bar · dry bar · b/i shelves
broadloom · sliding doors · overlooks backyard
window · hardwood floor · california shutters
4 pc bath · window · ceramic floor
fireplace · b/i bar · window
double sink · 3 pc bath · window
window · hardwood floor · closet
Our Take
Team Asgarian · BrokerListed at $1,075,000. Going by how homes in Lansing-Westgate and the wider GTA have actually closed against their asking prices (about 98%, 16 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $984K to $1.18M.
Independent value check: $1.18M. Without looking at the asking price, our model values the home itself about 10% above the ask (homes like it typically land between $1.11M and $1.24M).
Why $1.18M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:
- ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 2,000 to 2,500.
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,727 a year; the typical home sold here pays about $9,900.
- ▼ Lowers it2 bedrooms and 2 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $1.05M, from 16 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 6 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,194/sqft against an area asking average of $1,229/sqft.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.11M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Cameron Public 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
Below comparable homes on total price, yet the price per square foot ($1,194/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
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.
There were not many closely comparable homes right in Lansing-Westgate, so I widened the search to the surrounding area.
Based on 16 comparable homes that sold in Lansing-Westgate over the past two years, from 127 closings there.
What sellers nearby are asking
For sale in Lansing-Westgate now · asking prices
Every home like this one for sale in Lansing-Westgate right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $1,124/sqft; this home lists at $1,194/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 21 for sale in Lansing-Westgate.
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 7,409 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 | 742 |
| November 2025 | $1.21M | 601 |
| December 2025 | $1.14M | 385 |
| January 2026 | $1.20M | 287 |
| February 2026 | $1.21M | 459 |
| March 2026 | $1.33M | 584 |
| April 2026 | $1.30M | 784 |
| May 2026 | $1.30M | 868 |
| June 2026 | $1.25M | 778 |
| July 2026 | $1.17M | 687 |
| August 2026 | $1.19M | 553 |
| September 2026 | $1.20M | 681 |
Thinking of selling near Lansing-Westgate?
You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.
Neighbourhood & location
Lansing-Westgate, 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) →
Schools & catchment
Assigned attendance-boundary schools, with EQAO resultsThe 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.
Questions About 58 Franklin Avenue
What is the asking price for 58 Franklin Avenue?
It is listed at $1,075,000.
How many bedrooms and bathrooms does 58 Franklin Avenue have?
2 bedrooms, and 2 bathrooms.
How big is 58 Franklin Avenue?
The listing gives 700-1100 sq ft of living space, on a 37.5 × 130 ft lot.
Does 58 Franklin Avenue have parking?
2 garage spaces, 4 parking spaces in all.
What are the property taxes on 58 Franklin Avenue?
$7,727 a year, for 2026.
Is there an offer date for 58 Franklin Avenue?
The listing does not state an offer date.
Which schools is 58 Franklin Avenue zoned for?
By the school boards' attendance boundaries: Cameron Public School, Willowdale Middle School, Northview Heights Secondary School and St. Edward. Boundaries change, so confirm with the board before relying on it.
When was 58 Franklin Avenue listed?
It came on the market on October 20, 2026.
Who is the listing brokerage for 58 Franklin Avenue?
RE/MAX REALTY SPECIALISTS INC.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.
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
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.
Mortgage amount $860,000 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,803
- Property tax
- $644
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,447
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,975
- Toronto municipal land transfer tax
- $17,975
- Estimated closing costs
- $35,950
Plus your down payment of $215,000. 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
- $288,179
- Principal paid down
- $103,830
- Interest paid
- $184,349
- Balance remaining
- $756,170
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.