72 Gaiety Drive, Toronto, ON

Woburn, Toronto · MLS® E13125298

$2,300,000
For Sale
Listed 70 days ago
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10Bedrooms
8Bathrooms
2Garage · 5 parking
3500-5000Sq Ft

About this home

This custom-built home design and modern engineering, 6,700 square feet of living space situated on a rare, double 78-foot lot. Defined by 11-foot ceilings and a versatile 5+5 bedroom configuration with 10 bathrooms, the residence is seamlessly connected by a private elevator and supported by elite infrastructure, including a 1-inch high-flow water line for consistent pressure, 200-amp electrical service, and a dual-zone HVAC system with dedicated climate control for the second floor. The home is designed for high-end entertaining and functionality, featuring an open-concept kitchen, a professional office, a central audio and outdoor security system and a 2,200-square-foot finished basement with 8.5 foot ceilings. Luxury extends to every corner, from the signature round window on the upper level and the central vacuum system to the garage equipped with hot and cold waterlines. Completing this masterfully crafted environment is a premium patio and deck area, serviced by integrated exterior water lines, creating a perfect sanctuary for outdoor living and multi-generational comfort. There's an additional 2 piece washroom in the basement (9 in total).Main Residence: Electrolux column refrigeration (38 cu. ft.), Smeg Portofino dual-fuel range, 1200 CFM Elica hood, Samsung secondary gas range, 860 CFM hood, Samsung Bespoke 6.1 cu. ft. laundry (BLSS). Basement: two LG 22 cu. ft. refrigerators, two Whirlpool ranges with Frozen Bake tech. Shared amenities: stackable Samsung laundry, Electrolux SC380 central vacuum. Digital Backbone: Cat 6 wiring (10Gbps), Ring Video Doorbell, Smart Lock integration, network switch, mobile monitoring, high-speed connectivity, Dual EcoBeble-we Premium thermostats, remote sensors, energy-efficient climate control, Ubiquiti UniFi Wi-Fi 6, whole-home coverage, 6,700 sq ft efficiency, steam functions, brushed black finish, industrial filtration, high-suction unit, quiet operation, 4K streaming, low-lag infrastructure. Photos are virtually staged.

Key facts

Property type
Detached, 2-Storey
MLS®
E13125298
Bedrooms
10 (5 + 5)
Bathrooms
8 (1 half)
Size
3500-5000
Lot
78 × 118 ft
Cross streets
Lawrence Ave E & Brimley
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Separate Entrance
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Property tax
$8,050 / 2025
Days on market
70
Listing brokerage
ROYAL LEPAGE IGNITE REALTY
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 Cedarbrae Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Live market pulseActive comparables in Woburn · median list $949K
$541this home / sqft
43active listings nearby
70days on market

This home lists 29% below the area average of $757/sqft.

69 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

Woburn, 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.

Nearby neighbourhoods

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

Highland Creek
$1.60M
Birchcliffe-Cliffside
$1.69M
L'Amoreaux
$1.54M
Danforth Village-East York
$1000K
Willowdale East
$3.00M

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 Cedarbrook Public School
48%
Cedarbrook Public SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 48% meet the provincial standard

Affordability & Mortgage

Affordability
$10,483/mo
$422KIncome needed
5.5×Price ÷ income
$2,419Weekly 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.

94%mortgage
Mortgage $10,483Property tax $671Total carry $11,153

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,819per month

Mortgage amount $1,840,000 · 4.14% over 25 years

$460,000Down payment (20.0%)
$1,840,000Loan before insurance
$0CMHC premium
$10,490Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,819
Property tax
$671
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,490

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

One-time closing costs

Ontario land transfer tax
$43,975
Toronto municipal land transfer tax
$43,975
Estimated closing costs
$87,950

Plus your down payment of $460,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,926/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

$1,105,677Total interest paid
$2,945,677Total of all payments
Principal $1,840,000 Interest $1,105,677
YearPrincipalInterestBalance
1$43,105$74,722$1,796,895
2$44,908$72,919$1,751,987
3$46,786$71,041$1,705,201
4$48,743$69,084$1,656,458
5$50,782$67,045$1,605,676
6$52,906$64,921$1,552,769
7$55,119$62,708$1,497,650
8$57,425$60,402$1,440,225
9$59,827$58,000$1,380,398
10$62,329$55,498$1,318,069
11$64,936$52,891$1,253,133
12$67,653$50,174$1,185,480
13$70,482$47,345$1,114,998
14$73,431$44,396$1,041,567
15$76,502$41,325$965,065
16$79,702$38,125$885,363
17$83,036$34,791$802,327
18$86,509$31,318$715,818
19$90,128$27,699$625,690
20$93,898$23,929$531,792
21$97,825$20,002$433,967
22$101,917$15,910$332,050
23$106,180$11,647$225,870
24$110,621$7,206$115,249
25$115,249$2,578$0

At the end of your 5-year term

Total paid over the term
$589,135
Principal paid down
$234,324
Interest paid
$354,811
Balance remaining
$1,605,676

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$7,350/mo
$88,200Gross annual rent
3.0%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.

3.8%
Gross yield
− Property tax $8,050− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $69,048

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.

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