112 Southvale Drive, Toronto, ON
Leaside, Toronto · MLS® C14124338
About This Home
In short
- Space for the whole family to enjoy at this well-appointed South Leaside home set on a 51 ft frontage.
- Beautifully renovated and well-maintained, you will enjoy the incredible layout combined with private drive and a deep, secluded backyard.
- A rare main-floor primary suite includes heated floors, generous wardrobe storage and a three-piece ensuite with curb-less glass shower and skylight.
- Hardwood floors, traditional millwork and classic detailing carry through generous principal rooms, including a beautiful open-concept living room with gas fireplace...
- Surrounded by windows and skylights, this inviting space features heated floors, a second gas fireplace and a walkout to the garden.
Read the full description
Space for the whole family to enjoy at this well-appointed South Leaside home set on a 51 ft frontage! Beautifully renovated and well-maintained, you will enjoy the incredible layout combined with private drive and a deep, secluded backyard. A rare main-floor primary suite includes heated floors, generous wardrobe storage and a three-piece ensuite with curb-less glass shower and skylight. Over 2,600 square feet of total living space (1936 sq ft above grade). Hardwood floors, traditional millwork and classic detailing carry through generous principal rooms, including a beautiful open-concept living room with gas fireplace and dining room with wainscotting. The kitchen offers soft-close drawers and stone countertops, opening to the bright breakfast area and family room. Surrounded by windows and skylights, this inviting space features heated floors, a second gas fireplace and a walkout to the garden. Upstairs are three bedrooms and a four-piece bath, offering flexibility for family life or a home office. The finished lower level with a separate side entrance has a great recreation room with built-ins, a three-piece bath, laundry and storage, plus the additional bedroom (or work from home space or gym). The fully fenced backyard is framed by mature trees and greenery, with an interlock patio, irrigation, landscape lighting and garden shed. Steps to all that Leaside has to offer, parks and excellent schools, with Bayview and Laird amenities, transit and highway access nearby. Easy commute to downtown, or north to cottage country!
Key Facts
- Property type
- Detached, 2-Storey
- MLS®
- C14124338
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 51.69 × 145 ft
- Cross streets
- Bayview & Moore
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Heat Pump
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $11,141 / 2026
- Days on market
- 1
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Rooms
See all 12 rooms, floor by floor
heated floor · large closet · 3 pc ensuite
tile floor · mirrored closet · pot lights
hardwood floor · double closet · overlooks backyard
heated floor · gas fireplace · w/o to garden
heated floor · skylight · overlooks backyard
hardwood floor · wainscoting · crown moulding
hardwood floor · gas fireplace · leaded glass
laminate · b/i shelves · pot lights
hardwood floor · double closet · overlooks frontyard
hardwood floor · 4 pc bath · overlooks backyard
tile floor · closet · glass doors
hardwood floor · stainless steel appl · pot lights
Our Take
Team Asgarian · BrokerListed at $2,175,000. Going by how homes in Leaside and the wider GTA have actually closed against their asking prices (about 98%, 30 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: $2.11M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.97M and $2.21M).
Why $2.11M. The typical detached home sold in Leaside over the past year went for about $2.38M (114 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $11,141 a year; the typical home sold here pays about $11,800.
- ▼ Lowers it4+1 bedrooms and 3 baths, against 3.5+1 and 4 typically.
- ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,750 to 2,250.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $2.14M, from 30 recent closings in this pocket.
The market behind the math:
About 0.5 months of inventory: 5 detached homes for sale in the area against 30 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,243/sqft against an area asking average of $1,360/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Leaside basements rarely rent out (1 of 80 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.98M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Bessborough Drive Elementary and Middle 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.
Based on 30 comparable homes that sold in Leaside over the past two years, from 218 closings there.
What sellers nearby are asking
For sale in Leaside now · asking prices
Every home like this one for sale in Leaside right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $1,485/sqft; this home lists at $1,243/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 17 for sale in Leaside.
See all comparable homesSold price trend
Median sold price for detached homes in Leaside: $1.28M in September 2026, down 20% from a year ago, on 111 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.19M | 15 |
| November 2025 | $2.67M | 9 |
| December 2025 | $2.98M | 6 |
| January 2026 | $2.55M | 7 |
| March 2026 | $1.88M | 6 |
| April 2026 | $2.40M | 17 |
| May 2026 | $2.19M | 16 |
| June 2026 | $2.60M | 8 |
| July 2026 | $1.83M | 11 |
| August 2026 | $2.25M | 11 |
| September 2026 | $1.28M | 5 |
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Neighbourhood & location
Leaside, 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 112 Southvale Drive
What is the asking price for 112 Southvale Drive?
It is listed at $2,175,000.
How many bedrooms and bathrooms does 112 Southvale Drive have?
4+1 bedrooms, and 3 bathrooms.
How big is 112 Southvale Drive?
The listing gives 1500-2000 sq ft of living space, on a 51.69 × 145 ft lot.
Does 112 Southvale Drive have parking?
2 parking spaces, no garage listed.
What are the property taxes on 112 Southvale Drive?
$11,141 a year, for 2026.
Is there an offer date for 112 Southvale Drive?
The listing does not state an offer date.
Which schools is 112 Southvale Drive zoned for?
By the school boards' attendance boundaries: Rolph Road Elementary School, Bessborough Drive Elementary and Middle School, Leaside High School and St. Anselm. Boundaries change, so confirm with the board before relying on it.
When was 112 Southvale Drive listed?
It came on the market on October 28, 2026.
Who is the listing brokerage for 112 Southvale Drive?
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,740,000 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,718
- Property tax
- $928
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,646
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $40,850
- Toronto municipal land transfer tax
- $40,850
- Estimated closing costs
- $81,700
Plus your down payment of $435,000. 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
- $583,061
- Principal paid down
- $210,075
- Interest paid
- $372,985
- Balance remaining
- $1,529,925
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 ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.