47 Herbert Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13420372

$1,790,000
For Sale
Listed 38 days ago
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4Bedrooms
2Bathrooms
0Parking
1500-2000Sq Ft

About this home

Welcome to 47 Herbert Avenue, an exceptional detached residence offering the perfect blend of timeless character and modern functionality on one of the most desirable, family-friendly streets in Toronto's iconic Beaches neighborhood. From the grand, deep-set covered front porch and classic curb appeal, the home opens into an expansive main level featuring a formal living room anchored by a sophisticated central fireplace. The main floor layout offers rare versatility for the area, boasting a separate formal dining room that flows seamlessly into a large, sun-filled family room and a spacious gourmet kitchen equipped with a premium gas range, full-sized appliances, and ample storage. For ultimate everyday convenience, a dedicated main-floor laundry room with a full-size washer and dryer is cleanly integrated into the plan. The upper level features three well-appointed, bright principal bedrooms, including a primary retreat complete with a rare and expansive walk-in closet, all serviced by two beautifully finished full washrooms. The living space extends into a partially finished basement, which houses a large recreation and media room alongside an additional multi-purpose space perfect for a private home office, guest suite, or fitness studio. Step outside into your private backyard sanctuary, a beautifully landscaped, fully fenced oasis featuring a premium tier deck and pristine gardens tailored for outdoor dining and relaxation. Perfectly positioned just steps from the vibrant shops, cafes, and restaurants of Queen Street East, the historic boardwalk, and the beach, this premium address also sits within an elite local school catchment area with immediate access to transit, making it a highly sophisticated and coveted property.

Key facts

Property type
Detached, 2-Storey
MLS®
E13420372
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1500-2000
Lot
25 × 123 ft
Cross streets
Woodbine Ave/Queen St E
Parking
0 parking
Driveway
None
Basement
Partial Basement, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,752 / 2025
Days on market
38
Listing brokerage
PMT REALTY INC.

Rooms

Dining RoomMain5.32 × 2.88 m

hardwood floor · wainscoting · separate room

KitchenMain5.38 × 2.88 m

hardwood floor · overlooks family · renovated

BedroomBasement5.31 × 4.19 m
Living RoomMain4.52 × 4.55 m

gas fireplace · hardwood floor · pot lights

Bedroom 2Second2.92 × 3.77 m

closet · heated floor

Primary BedroomSecond4.05 × 3.90 m

hardwood floor · walk-in closet(s) · bay window

Bedroom 3Second2.86 × 3.77 m

hardwood floor · closet

Family RoomMain4.05 × 3.50 m

hardwood floor · overlooks garden · combined w/laundry

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.03Mest. value

Listed at $1,790,000, this home is about 12% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.64M, a bit lower.

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 $1.80M
  • Bathrooms −$15K
  • Adjusts to $1.78M

That comparable adjusts to $1.78M; the $2.03M estimate above is the median of all 5 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.

Its public catchment (Kew Beach Junior Public School) 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. Woodbine Ave at Queen St East North Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.79MGreat deal$2.22MOverpriced

Total price vs nearby homes. Fair value about $2.03M, median of 5 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$921kavg asking

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

39 Madron Crescent$965k103 Ambercroft Boulevard$1000k554 Mclevin Avenue$798k

The 3 closest active listings nearby.

See all comparable homes
1.79MThis home965k1000k798kThis home vs active comparables
Live market pulseActive comparables in The Beaches · median list $1.70M
$1,023this home / sqft
5active listings nearby
38days on market

This home lists 15% below the area average of $1,201/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

85/ 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: Woodbine Ave at Queen St East North Side, about 185 m away

20+ transit stops6 grocery20+ dining20+ parks11 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.

High Park-Swansea
$4.99M
Cliffcrest
$1.51M
Wexford-Maryvale
$865K
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 Kew Beach Junior Public School
85%
Kew Beach Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 85% meet the provincial standard
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$8,158/mo
$334KIncome needed
5.4×Price ÷ income
$1,883Weekly 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 $8,158Property tax $646Total carry $8,804

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)
$7,642per month

Mortgage amount $1,432,000 · 4.14% over 25 years

$358,000Down payment (20.0%)
$1,432,000Loan before insurance
$0CMHC premium
$8,288Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,642
Property tax
$646
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,288

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

One-time closing costs

Ontario land transfer tax
$32,275
Toronto municipal land transfer tax
$32,275
Estimated closing costs
$64,550

Plus your down payment of $358,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,282/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

$860,505Total interest paid
$2,292,505Total of all payments
Principal $1,432,000 Interest $860,505
YearPrincipalInterestBalance
1$33,547$58,153$1,398,453
2$34,950$56,750$1,363,503
3$36,412$55,288$1,327,091
4$37,935$53,765$1,289,156
5$39,522$52,178$1,249,634
6$41,175$50,525$1,208,460
7$42,897$48,803$1,165,562
8$44,692$47,009$1,120,871
9$46,561$45,139$1,074,310
10$48,508$43,192$1,025,802
11$50,537$41,163$975,264
12$52,651$39,049$922,613
13$54,854$36,846$867,759
14$57,148$34,552$810,611
15$59,539$32,162$751,072
16$62,029$29,671$689,043
17$64,624$27,077$624,420
18$67,327$24,374$557,093
19$70,143$21,557$486,950
20$73,077$18,623$413,873
21$76,134$15,567$337,740
22$79,318$12,382$258,422
23$82,636$9,064$175,786
24$86,092$5,608$89,693
25$89,693$2,007$0

At the end of your 5-year term

Total paid over the term
$458,501
Principal paid down
$182,366
Interest paid
$276,135
Balance remaining
$1,249,634

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$3,150/mo
$37,800Gross annual rent
1.4%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 $7,752− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,490

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

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