139 Hammersmith Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13420218

$2,349,000
For Sale
Listed 38 days ago
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6Bedrooms
4Bathrooms
2Parking
2000-2500Sq Ft

About this home

Situated on an exceptionally rare 54-foot wide corner lot in the centre of one of Toronto's most beloved neighbourhoods, this home blends timeless character with thoughtful upgrades and parking for two cars, only steps from Queen St in the Beach. Sun-filled rooms feature bay windows, new hardwood floors and a cozy wood-burning fireplace, creating warm and inviting living spaces across all seasons. A welcoming front porch and classic centre hall plan set the tone for this beautifully restored residence, lovingly updated while preserving its incredible original detail. Offering 2,300 sqft of above-grade living space, the home's generous proportions and large windows are enhanced by high ceilings, creating an airy, expansive feel throughout. The eat-in kitchen and large dining room are designed for everyday living and entertaining. Upstairs are 3 spacious bedrooms and 2 full bathrooms, including a 4-piece ensuite, plus a 2nd-floor laundry room. A versatile 4th bedroom on the main floor with an adjacent full bathroom is ideal for guests, a home office, or multigenerational living. The finished lower level adds 1,150 sqft with 7' ceilings - a comfortable, open feel rarely found in a Beach basement. A large rec room, 2 additional bedrooms and a 4th full bathroom round out this exceptional level. The current owners have invested thoughtfully in the home's future: new roof (2025), heat pump (2022), high-efficiency combi-boiler (2021), window wells / full basement waterproofing with sump pump (2022), and lawn irrigation. Nothing left to do but move in and enjoy. Featuring a fully fenced backyard and backing onto a quiet dead-end lane where neighbours gather and children play. This home is just steps from Queen St's vibrant shops, restaurants, cafés, grocers, and amenities - including a brand new golf simulator around the corner. A short walk to the beach boardwalk and the scenic trails and gardens of Glen Stewart Ravine. A rare opportunity to own an extraordinary Beach home!

Key facts

Property type
Detached, 2-Storey
MLS®
E13420218
Bedrooms
6 (4 + 2)
Bathrooms
4
Size
2000-2500
Lot
54 × 73 ft
Cross streets
Queen St E & Hammersmith Ave
Parking
2 parking
Driveway
Private
Basement
Finished, Full
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,108 / 2026
Days on market
38
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
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.

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.

On location, this is a very walkable address with everyday errands close by. Queen St East at Wineva Ave East Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Worth verifying
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.69Mavg asking

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

59 Princemere Crescent$1.74M10B Holmstead Avenue$1.80M65 Becca Hall Trail$1.15M443 Northcliffe Boulevard$2.29M26 Dynevor Road$1.45M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.35MThis home1.74M1.80M1.15M2.29M1.45MThis home vs active comparables
Live market pulseActive comparables in The Beaches · median list $3.00M
$1,044this home / sqft
7active listings nearby
38days on market

This home lists 7% below the area average of $1,127/sqft.

37 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

The Beaches, 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

83/ 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: Queen St East at Wineva Ave East Side, about 128 m away

20+ transit stops4 grocery20+ dining20+ parks14 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 Williamson Road Junior Public School
78%
Williamson Road Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 78% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10,706/mo
$434KIncome needed
5.4×Price ÷ income
$2,471Weekly 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.

93%mortgage
Mortgage $10,706Property tax $759Total carry $11,465

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,028per month

Mortgage amount $1,879,200 · 4.14% over 25 years

$469,800Down payment (20.0%)
$1,879,200Loan before insurance
$0CMHC premium
$10,787Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,028
Property tax
$759
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,787

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

One-time closing costs

Ontario land transfer tax
$45,200
Toronto municipal land transfer tax
$45,200
Estimated closing costs
$90,400

Plus your down payment of $469,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,180/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

$1,129,233Total interest paid
$3,008,433Total of all payments
Principal $1,879,200 Interest $1,129,233
YearPrincipalInterestBalance
1$44,023$76,314$1,835,177
2$45,865$74,473$1,789,312
3$47,783$72,554$1,741,529
4$49,782$70,556$1,691,747
5$51,864$68,473$1,639,883
6$54,033$66,304$1,585,850
7$56,294$64,044$1,529,556
8$58,648$61,689$1,470,908
9$61,101$59,236$1,409,807
10$63,657$56,680$1,346,150
11$66,320$54,017$1,279,830
12$69,094$51,243$1,210,736
13$71,984$48,353$1,138,752
14$74,995$45,342$1,063,757
15$78,132$42,205$985,625
16$81,400$38,937$904,225
17$84,805$35,532$819,420
18$88,352$31,985$731,068
19$92,048$28,289$639,020
20$95,898$24,439$543,122
21$99,909$20,428$443,213
22$104,088$16,249$339,124
23$108,442$11,895$230,682
24$112,978$7,359$117,704
25$117,704$2,633$0

At the end of your 5-year term

Total paid over the term
$601,687
Principal paid down
$239,317
Interest paid
$362,370
Balance remaining
$1,639,883

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
1.5%Est. cap rate

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.

2.1%
Gross yield
− Property tax $9,108− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,348

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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