350 Lee Avenue, Toronto, ON
The Beaches, Toronto · MLS® E13237650
About this home
Welcome to 350 Lee Avenue, the first of three uniquely crafted detached homes with built-in garages for sale in this exclusive hidden development. Nestled on a beautifully treed lot in Toronto's highly sought-after Beaches neighbourhood, these exceptional homes combine privacy, luxury, and urban convenience with parking. Each residence offers 3 spacious bedrooms, 3 ensuite bathrooms, 1 powder room and a private driveway and oversized garage for easy parking. These homes with their private road give you a rare sense of seclusion while remaining close to everything this vibrant community has to offer.The heated driveway is equipped with a snow-melt system for effortless winter maintenance. Residents will enjoy proximity to top-rated schools, excellent daycare options, charming cafés, parks, transit, the YMCA, Woodbine Beach, the boardwalk, and local beach clubs. Sophisticated open-concept living spaces are enhanced by premium European finishes throughout. Highlights include floor to celing windows and doors with screens, custom cabinetry, wide-plank European white oak flooring, designer tile, upscale bath fixtures, and thoughtfully curated details that elevate everyday living. Designed for modern family living, the home features high-end appliances, including a Fisher & Paykel stove and refrigerator, a Bosch dishwasher, 200-amp electrical service, an energy-efficient heat pump, and an electric water heater (owned). Additional features include a spacious basement with abundant storage and extra-large garage. Experience the unique lifestyle that makes the Beaches so beloved-where a welcoming community, relaxed pace, and the waterfront are always close to home.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- E13237650
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 29.2 × 43.7 ft
- Cross streets
- Queen St
- Parking
- 1 garage (built-in)
- Basement
- Unfinished
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $99 / 2026
- Days on market
- 49
- Listing brokerage
- BILL JOYCE REAL ESTATE LTD.
Rooms
b/i oven · breakfast bar · overlooks living
Porcelain Floor
5 pc ensuite · double sink · separate shower
window floor to ceiling · hardwood floor · w/w closet
electric fireplace · hardwood floor · w/o to sundeck
3 pc ensuite · porcelain floor · separate shower
2 pc bath · porcelain floor
3 pc ensuite · porcelain floor · separate shower
combined w/kitchen · hardwood floor · overlooks frontyard
large closet · hardwood floor
w/w closet · hardwood floor · overlooks garden
hardwood floor · overlook water · window floor to ceiling
Listed at $1,999,999, and my independent estimate is about 24% above what comparable homes suggest.
In The Beaches lately, sellers get about 102% of asking; homes sell in ~14 days.
Total price vs nearby homes. Fair value about $1.61M, median of 12 comparables.
How this estimate is builtthe short version
I take the 12 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $21K, lower than the comparables and worth a second look.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Malvern Collegiate Institute, 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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in The Beaches, so I widened the search to the surrounding area.
Based on 12 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 10% above the area average of $1,042/sqft.
48 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $1,599,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $8
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,546
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,475
- Toronto municipal land transfer tax
- $36,475
- Estimated closing costs
- $72,950
Plus your down payment of $400,000. 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
- $512,291
- Principal paid down
- $203,760
- Interest paid
- $308,531
- Balance remaining
- $1,396,239
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
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 BILL JOYCE REAL ESTATE LTD.. MLS®/PropTx.