2636 Midland Avenue, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13185398

$5,000,000
For Sale
Listed 52 days ago
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4Bedrooms
4Bathrooms
2Garage · 26 parking
2000-2500Sq Ft

About this home

Builder, Developers , Toronto, Scarborough very nice location to use for Residential Development Land, Minutes to 401, 404 & 407. Shopping Mall , Schools, Go Train. Subway. Listing being sold in combination with 2640 Midland Ave.

Key facts

Property type
Detached, 2-Storey
MLS®
E13185398
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
292.81 × 290.51 ft
Cross streets
Sheppard Ave E / Midland Ave
Parking
2 garage · 26 parking (detached)
Driveway
Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Wood
Foundation
Block
Roof
Shingles
Sewer
Sewer
Property tax
$7,692 / 2025
Days on market
52
Listing brokerage
RE/MAX WEST REALTY INC.

Listing history

  1. May 27, 2026Listed$5,000,000

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

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.

Its public catchment (Agincourt Collegiate Institute) 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. Midland Ave at Lockie Ave North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$2.21Mavg asking

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

10 Wingrove Hill$2.30M245 Florence Avenue$2.20M21 Albertus Avenue$2.72M47 Soudan Avenue$2.29M40 Stonemanse Court$1.55M

The 5 closest active listings nearby.

See all comparable homes
5.00MThis home2.30M2.20M2.72M2.29M1.55MThis home vs active comparables
Live market pulseActive comparables in Agincourt South-Malvern West · median list $2.89M
$2,222this home / sqft
6active listings nearby
52days on market

51 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

Agincourt South-Malvern West, 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

72/ 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: Midland Ave at Lockie Ave North Side, about 47 m away

20+ transit stops6 grocery20+ dining12 parks12 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
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M

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 Agincourt Junior Public School
75%
Agincourt Junior Public SchoolPublic · Elementary · 0.1 km awayAbove the GTA average · 75% meet the provincial standard
Sir Alexander Mackenzie Senior Public SchoolEQAO results not published
St. BartholomewEQAO results not published

Affordability & Mortgage

Affordability
$22,788/mo
$882KIncome needed
5.7×Price ÷ income
$5,259Weekly 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.

97%mortgage
Mortgage $22,788Property tax $641Total carry $23,429

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$21,345per month

Mortgage amount $4,000,000 · 4.14% over 25 years

$1,000,000Down payment (20.0%)
$4,000,000Loan before insurance
$0CMHC premium
$21,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,345
Property tax
$641
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21,986

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

One-time closing costs

Ontario land transfer tax
$111,475
Toronto municipal land transfer tax
$141,475
Estimated closing costs
$252,950

Plus your down payment of $1,000,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,926/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

$2,403,645Total interest paid
$6,403,645Total of all payments
Principal $4,000,000 Interest $2,403,645
YearPrincipalInterestBalance
1$93,706$162,440$3,906,294
2$97,626$158,520$3,808,668
3$101,709$154,436$3,706,959
4$105,964$150,182$3,600,995
5$110,396$145,750$3,490,599
6$115,014$141,132$3,375,585
7$119,825$136,321$3,255,761
8$124,837$131,309$3,130,924
9$130,058$126,087$3,000,866
10$135,498$120,647$2,865,367
11$141,166$114,980$2,724,201
12$147,071$109,075$2,577,130
13$153,223$102,923$2,423,908
14$159,632$96,514$2,264,276
15$166,309$89,837$2,097,967
16$173,265$82,880$1,924,702
17$180,513$75,633$1,744,189
18$188,063$68,082$1,556,126
19$195,930$60,216$1,360,196
20$204,125$52,021$1,156,071
21$212,663$43,482$943,407
22$221,559$34,587$721,848
23$230,826$25,319$491,022
24$240,481$15,664$250,540
25$250,540$5,605$0

At the end of your 5-year term

Total paid over the term
$1,280,729
Principal paid down
$509,401
Interest paid
$771,328
Balance remaining
$3,490,599

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$4,200/mo
$50,400Gross annual rent
0.7%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.

1.0%
Gross yield
− Property tax $7,692− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,764

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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