79 King Edward Avenue, Toronto, ON

Woodbine-Lumsden, Toronto · MLS® E13109116

$999,900
For Sale
Listed 68 days ago
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3Bedrooms
2Bathrooms
3Parking
1100-1500Sq Ft

About this home

Charming Detached 3-Bedroom Home In Highly Sought-After Woodbine-Lumsden. This Inviting Home Features An Enclosed Front Porch-Perfect For Relaxing Summer Days-And A Spacious Living Room With Beautiful Built-In Cabinetry, Ideal For Both Everyday Living And Showcasing Your Décor. The Large Formal Dining Room Is Filled With Natural Light, Creating The Perfect Setting For Family Gatherings And Entertaining. The Renovated "Aya" Kitchen (Approx. 15 Years Ago) Offers Custom Cabinetry, Granite Countertops, And Stainless Steel Appliances Including A 5 Burner Gas Stove. The Basement Is Double Concrete Thick Foundation And Includes A Generous Rec Room, A Utility/Laundry Area, And A Convenient 1-Piece Bath, With Plenty Of Additional Storage Space. Enjoy Dual Entry Access, A Private Backyard With Canopy, A Large 8X10 Garden Shed, And Rear Parking For Added Convenience And Safety. Location, Location, Location! Situated In A Family-Friendly Neighbourhood Just Steps To Stan Wadlow Park And Taylor Creek Park With Scenic Trails And Green Space. Walking Distance To Danforth Avenue Offering A Variety Of Shops, Cafes, And Restaurants. Close To Top-Rated Schools Including D.A. Morrison Middle School And East York Collegiate Institute. Convenient Access To Public Transit Including The TTC Subway Line 2 Bloor-Danforth, Making Commuting Downtown A Breeze. Nearby Grocery Options Include No Frills, Loblaws, And Metro. A Fantastic Opportunity To Own A Solid, Well-Maintained Home In A Vibrant And Convenient East York Community!

Key facts

Property type
Detached, 2-Storey
MLS®
E13109116
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
25 × 126.37 ft
Cross streets
Woodbine Ave & Danforth Ave
Parking
3 parking
Basement
Partially Finished
Heating
Radiant
A/C
None
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,917 / 2025
Days on market
68
Listing brokerage
RE/MAX WEST REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$969Kest. value

Listed at $999,900, this home is about 3% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($769/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $890K, a close match.

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 $895K

That comparable adjusts to $895K; the $969K estimate above is the median of all 5 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. Woodbine Ave at Milverton Blvd is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$895KGreat deal$1000KOverpriced

Total price vs nearby homes. Fair value about $969K, median of 5 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.39Mavg asking

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

107 Twenty Fourth Street$939k31 Griffen Drive$778k110 Gillard Avenue$1.25M351 Fairlawn Avenue$1.90M122 Strath Avenue$2.10M

The 5 closest active listings nearby.

See all comparable homes
1000kThis home939k778k1.25M1.90M2.10MThis home vs active comparables
Live market pulseActive comparables in Woodbine-Lumsden · median list $999K
$769this home / sqft
6active listings nearby
68days on market

This home lists 4% above the area average of $736/sqft.

67 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

82/ 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: Woodbine Ave at Milverton Blvd, about 294 m away

20+ transit stops9 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
High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
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 · 0.3 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
$4,557/mo
$190KIncome needed
5.3×Price ÷ income
$1,052Weekly 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.

92%mortgage
Mortgage $4,557Property tax $410Total carry $4,967

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)
$4,269per month

Mortgage amount $799,920 · 4.14% over 25 years

$199,980Down payment (20.0%)
$799,920Loan before insurance
$0CMHC premium
$4,678Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,269
Property tax
$410
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,678

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

One-time closing costs

Ontario land transfer tax
$16,473
Toronto municipal land transfer tax
$16,473
Estimated closing costs
$32,946

Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,185/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

$480,681Total interest paid
$1,280,601Total of all payments
Principal $799,920 Interest $480,681
YearPrincipalInterestBalance
1$18,739$32,485$781,181
2$19,523$31,701$761,657
3$20,340$30,884$741,318
4$21,191$30,033$720,127
5$22,077$29,147$698,050
6$23,000$28,224$675,050
7$23,963$27,262$651,087
8$24,965$26,259$626,122
9$26,009$25,215$600,113
10$27,097$24,127$573,016
11$28,230$22,994$544,786
12$29,411$21,813$515,375
13$30,641$20,583$484,733
14$31,923$19,301$452,810
15$33,258$17,966$419,551
16$34,650$16,574$384,902
17$36,099$15,125$348,803
18$37,609$13,615$311,194
19$39,182$12,042$272,012
20$40,821$10,403$231,191
21$42,528$8,696$188,663
22$44,307$6,917$144,355
23$46,161$5,063$98,195
24$48,091$3,133$50,103
25$50,103$1,121$0

At the end of your 5-year term

Total paid over the term
$256,120
Principal paid down
$101,870
Interest paid
$154,250
Balance remaining
$698,050

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
1.8%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 $4,917− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,247

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

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