169 King Edward Avenue, Toronto, ON

Woodbine-Lumsden, Toronto · MLS® E12496284

$990,900
For Sale
Listed 259 days ago
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3Bedrooms
4Bathrooms
1Parking
1100-1500Sq Ft

About this home

You have found the gem you have been searching for! Welcome to 169 King Edward Avenue - a thoughtfully designed, two-storey detached home nestled in the heart of the warm and family friendly Woodbine-Lumsden community. Blending timeless comfort with modern functionality, this beautifully maintained residence offers 3 spacious bedrooms with 4 full bathrooms, ideal for growing families or multi-generational living. Step inside and you'll be greeted by a bright, airy main floor featuring soaring ceilings, potlighting, and an open-concept layout flooded with natural light from oversized windows and well-placed skylights. Divide Great Room into two rooms, and use as a combined Living/Dining room-- you choose! The full kitchen offers abundant cabinetry and workspace, perfect for daily cooking or entertaining. A rare main-floor bedroom with direct walkout access to a private backyard, plus a 4-piece bathroom, completes this versatile level. Upstairs, the home continues to impress with two large bedrooms, including a serene primary suite with walk-in closet and private ensuite, creating a peaceful retreat at days end. The finished lower level provides even more space to relax and unwind, featuring a cozy rec room, dedicated office nook, a fourth bathroom, laundry area, and a crawl space for extra storage. **This home has solar energy to heat the the water during the summer season** **The driveway can be readily made into 2 parking spaces** Located on a quiet street just minutes from the DVP, TTC, parks, top rated schools, and everyday amenities, this home checks all the boxes for style, space, and convenience. Whether you're starting a family or looking to settle in a vibrant east-end neighbourhood, this move-in-ready gem is not to be missed. A Must See! It's truly a spectacular GEM that can not be showcased, due to the limited photos permitted. Book your showing today--- YOU WILL THANK ME LATER!

Key facts

Property type
Detached, 2-Storey
MLS®
E12496284
Bedrooms
3
Bathrooms
4
Size
1100-1500
Lot
15.07 × 125.98 ft
Cross streets
Lumsden Avenue and King Edward St
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,047 / 2024
Days on market
259
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Great RoomMain6.42 × 3.08 m

hardwood floor · open concept · window

BathroomSecond2.07 × 1.28 m

tile floor · 4 pc ensuite

PantryMain1.82 × 1.58 m

separate room · hardwood floor · combined w/kitchen

BedroomMain3.07 × 3.35 m

hardwood floor · double closet · w/o to yard

BathroomBasement2.46 × 1.52 m

4 pc bath · tile floor

Primary BedroomSecond5.91 × 3.44 m

broadloom · walk-in closet(s) · 4 pc ensuite

RecreationBasement4.26 × 3.07 m

open concept · broadloom

Bedroom 2Second1.25 × 2.28 m

tile floor · 4 pc bath · skylight

KitchenMain5.51 × 2.25 m

hardwood floor · modern kitchen · breakfast bar

OfficeBasement3.04 × 3.35 m

window · double closet · broadloom

LaundryBasement6.55 × 2.74 m

Separate Room

BathroomMain1.55 × 2.06 m

tile floor · 4 pc bath

Bedroom 2Second3.23 × 3.41 m

double closet · window

Listing history

  1. Mar 4, 2026Listed$4,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.01Mest. value

Listed at $990,900, this home is tracking about 2% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($762/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $620K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $940K
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $925K

That comparable adjusts to $925K; the $1.01M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, this is a very walkable address with everyday errands close by. Lumsden Ave at Gledhill Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$991KGreat deal$1.03MOverpriced

Total price vs nearby homes. Fair value about $1.01M, median of 7 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Woodbine-Lumsden · asking prices
$1.09Mavg asking

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

1263 Woodbine Avenue$999k251A Chisholm Avenue$940k139 King Edward Avenue$1.32M

The 3 closest active listings nearby.

See all comparable homes
991kThis home999k940k1.32MThis home vs active comparables
Live market pulseActive comparables in Woodbine-Lumsden · median list $999K
$762this home / sqft
8active listings nearby
259days on market

This home lists 2% below the area average of $779/sqft.

258 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Woodbine-Lumsden, 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.

Getting around

73/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Lumsden Ave at Gledhill Ave, about 154 m away

20+ transit stops10 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$865K
Cliffcrest
$1.51M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M

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 Gledhill Junior Public School
76%
Gledhill Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,516/mo
$183KIncome needed
5.4×Price ÷ income
$1,042Weekly cost
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.

95%mortgage
Mortgage $4,516Property tax $254Total carry $4,770

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,230per month

Mortgage amount $792,720 · 4.14% over 25 years

$198,180Down payment (20.0%)
$792,720Loan before insurance
$0CMHC premium
$4,484Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,230
Property tax
$254
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,484

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

One-time closing costs

Ontario land transfer tax
$16,293
Toronto municipal land transfer tax
$16,293
Estimated closing costs
$32,586

Plus your down payment of $198,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,138/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

$476,354Total interest paid
$1,269,074Total of all payments
Principal $792,720 Interest $476,354
YearPrincipalInterestBalance
1$18,571$32,192$774,149
2$19,347$31,415$754,802
3$20,157$30,606$734,645
4$21,000$29,763$713,645
5$21,878$28,885$691,767
6$22,793$27,970$668,974
7$23,747$27,016$645,227
8$24,740$26,023$620,487
9$25,775$24,988$594,712
10$26,853$23,910$567,859
11$27,976$22,787$539,882
12$29,147$21,616$510,736
13$30,366$20,397$480,370
14$31,636$19,127$448,734
15$32,959$17,804$415,775
16$34,338$16,425$381,437
17$35,774$14,989$345,663
18$37,270$13,493$308,393
19$38,829$11,934$269,564
20$40,454$10,309$229,110
21$42,146$8,617$186,964
22$43,909$6,854$143,056
23$45,745$5,018$97,311
24$47,659$3,104$49,652
25$49,652$1,111$0

At the end of your 5-year term

Total paid over the term
$253,815
Principal paid down
$100,953
Interest paid
$152,862
Balance remaining
$691,767

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$2,300/mo
$27,600Gross annual rent
2.0%Est. cap rate

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.

2.8%
Gross yield
− Property tax $3,047− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $20,117

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

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