227 Warden Avenue, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E13123866

$1,397,000
For Sale
Listed 65 days ago
5Bedrooms
4Bathrooms
2Parking
1100-1500Sq Ft

About this home

Exquisitely reimagined, this home has been completely rebuilt with the existing foundation, including a full second storey addition and a legal basement apartment with a private entrance, offering a rare blend of luxury living and exceptional investment potential. Ideal for multi generational living or generating rental income, this residence showcases 9' ceilings, high end craftsmanship and upscale finishes throughout. The main level is designed for elegant living and entertaining, featuring a sun filled dining room with gleaming hardwood and a large window. The stunning open concept kitchen and family room features an electric fireplace, pot lights, sleek custom cabinetry and a large island with breakfast bar making the space both stylish and functional. A powder room and lots of closet storage complete the main floor. The wood staircase leads to the second floor, where you'll find three bedrooms, including the primary suite featuring a three-piece ensuite and a walk-in closet. The remaining two bedrooms share an additional bathroom and a separate laundry adds convenience. The self contained lower level apartment features a private side entrance, open concept living and kitchen area with breakfast bar, two bright bedrooms, a three piece bath, and separate laundry. The exterior of the home is equally impressive with a modern stucco finish, a welcoming front porch with modern aluminum railings, a rear porch with steps leading down to the yard and and expansive stone patio that's perfect for hosting family get togethers. Private parking can accommodate 2 or more vehicles. This never lived in home is a short walk to Crescentwood park overlooking the bluffs. Local amenities are just steps away. Get ready to enjoy this gem of a home.

Key facts

Property type
Detached, 2-Storey
MLS®
E13123866
Bedrooms
5 (3 + 2)
Bathrooms
4 (1 half)
Size
1100-1500
Lot
49.49 × 113.45 ft
Cross streets
Kingston Rd. & Warden Ave
Parking
2 parking
Basement
Separate Entrance, Apartment
Heating
Other
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,371 / 2025
Days on market
65
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomBasement4.67 × 4.25 m

combined w/kitchen · pot lights · open concept

Bedroom 2Second3.61 × 2.89 m

hardwood floor · window · double closet

BedroomBasement3.44 × 2.71 m

window · double closet · formal rm

KitchenMain4.63 × 2.47 m

combined w/family · centre island · window

Family RoomMain4.64 × 3.14 m

pot lights · electric fireplace · open concept

Bedroom 3Second4.65 × 2.91 m

hardwood floor · window · double closet

BedroomBasement2.86 × 2.63 m

window · formal rm

Primary BedroomSecond4.20 × 3.11 m

3 pc ensuite · walk-in closet(s) · large window

Dining RoomMain4.19 × 3.82 m

hardwood floor · window · combined w/living

KitchenBasement4.67 × 4.25 m

combined w/living · centre island · breakfast bar

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Birch Cliff Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Warden Ave at Kingston Rd North Side is about a 1-minute walk away.

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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Birchcliffe-Cliffside · asking prices
$1.43Mavg asking

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

133 Park Street$1.25M59 Kalmar Avenue$1.68M35 Park Street$1.40M282B Aylesworth Avenue$1.30M33 Red Deer Avenue$1.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.40MThis home1.25M1.68M1.40M1.30M1.50MThis home vs active comparables
Live market pulseActive comparables in Birchcliffe-Cliffside · median list $1.40M
$1,075this home / sqft
10active listings nearby
65days on market

This home lists 35% above the area average of $794/sqft.

64 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

Birchcliffe-Cliffside, 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

65/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Warden Ave at Kingston Rd North Side, about 47 m away

20+ transit stops3 grocery20+ dining20+ parks15 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.

Cliffcrest
$1.51M
Wexford-Maryvale
$865K
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 Birch Cliff Public School
68%
Birch Cliff Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$6,367/mo
$253KIncome needed
5.5×Price ÷ income
$1,469Weekly 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.

96%mortgage
Mortgage $6,367Property tax $281Total carry $6,648

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)
$5,964per month

Mortgage amount $1,117,600 · 4.14% over 25 years

$279,400Down payment (20.0%)
$1,117,600Loan before insurance
$0CMHC premium
$6,245Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,964
Property tax
$281
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,245

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

One-time closing costs

Ontario land transfer tax
$24,415
Toronto municipal land transfer tax
$24,415
Estimated closing costs
$48,830

Plus your down payment of $279,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,244/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

$671,579Total interest paid
$1,789,179Total of all payments
Principal $1,117,600 Interest $671,579
YearPrincipalInterestBalance
1$26,182$45,386$1,091,418
2$27,277$44,290$1,064,142
3$28,418$43,150$1,035,724
4$29,606$41,961$1,006,118
5$30,845$40,723$975,273
6$32,135$39,432$943,139
7$33,479$38,088$909,660
8$34,879$36,688$874,780
9$36,338$35,229$838,442
10$37,858$33,709$800,584
11$39,442$32,125$761,142
12$41,092$30,476$720,050
13$42,810$28,757$677,240
14$44,601$26,966$632,639
15$46,467$25,100$586,172
16$48,410$23,157$537,762
17$50,435$21,132$487,326
18$52,545$19,022$434,781
19$54,743$16,824$380,039
20$57,033$14,535$323,006
21$59,418$12,149$263,588
22$61,904$9,664$201,684
23$64,493$7,074$137,192
24$67,191$4,377$70,001
25$70,001$1,566$0

At the end of your 5-year term

Total paid over the term
$357,836
Principal paid down
$142,327
Interest paid
$215,509
Balance remaining
$975,273

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
1.4%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.0%
Gross yield
− Property tax $3,371− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,793

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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