78 Sylvan Avenue, Toronto, ON
Scarborough Village, Toronto · MLS® E13175886
About this home
LOCATION, LOCATION, LOCATION: Welcome to 78 Sylvan Ave, a rare opportunity on one of Toronto's most sought-after and tranquil cul-de-sac streets. This solid brick side-split bungalow sits on a sensationally serene, mature treed lot with a spectacular ravine backdrop, offering privacy, nature, and endless possibilities. Designed with character and architectural appeal, the home features a bright open-concept living, dining, and kitchen layout, creating an inviting space for both everyday living and entertaining. Facing south, natural light pours through the dramatic floor-to-ceiling windows in the living room and primary bedroom, filling the home with warmth and sunlight throughout the day. Step outside to a rear deck overlooking an extraordinary approximately 350-ft deep ravine lot, a truly unique setting for those who appreciate tranquillity, nature, and future potential. Whether you choose to enjoy the existing home, renovate, expand, or explore future possibilities, this property presents exceptional value in a highly desirable location. Situated within the highly regarded school catchments, including Elizabeth Simcoe Gifted Program and Sir Wilfrid Laurier Collegiate Institute, and close to Sylvan Park, trails, Lake Ontario, and amenities. A very special property waiting for a very special family.
Key facts
- Property type
- Detached, Sidesplit
- MLS®
- E13175886
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 60.09 × 357.72 ft
- Cross streets
- Heathfield/Lake Ontario
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,897 / 2025
- Days on market
- 52
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
open concept · fireplace · picture window
w/o to patio · north view · combined w/living
ceramic floor · large window · closet
combined w/laundry · combined w/kitchen · fireplace
Listed at $1,550,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.27M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $999K
- Bathrooms −$30K
- Adjusts to $969K
That comparable adjusts to $969K; the $1.43M estimate above is the median of all 10 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.
On schools, this address is zoned for Elizabeth Simcoe Junior Public 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.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kingston Rd at Parkcrest Dr is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $1.43M, median of 10 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $911/sqft.
51 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Scarborough Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Kingston Rd at Parkcrest Dr, about 745 m away
Within a 15-minute (1.5 km) walk.
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) →
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.
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 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,240,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,617
- Property tax
- $491
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,109
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,475
- Toronto municipal land transfer tax
- $27,475
- Estimated closing costs
- $54,950
Plus your down payment of $310,000. 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
- $397,026
- Principal paid down
- $157,914
- Interest paid
- $239,112
- Balance remaining
- $1,082,086
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.
Investor snapshot
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.