289 Beech Avenue, Toronto, ON
The Beaches, Toronto · MLS® E13421938
About this home
Set back on one of Balmy Beach's most established streets, 289 Beech Avenue offers the kind of scale, warmth, and presence that's increasingly hard to find. This substantial 2.5 storey detached home features 6+1 bedrooms, 5 bathrooms, and a layout designed to evolve with the way you live, balancing everyday function with the ability to host, gather, and grow over time. The main level unfolds with intention, moving from more formal front rooms into a relaxed kitchen and family space at the rear, where life naturally settles and connects to the backyard. It's a layout that works just as well for quiet mornings as it does for full houses and long evenings, where spaces feel distinct yet connected in a way that supports both routine and occasion. Thoughtful proportions and flow allow each room to stand on its own while contributing to the rhythm of the home. Upstairs, the 2nd floor offers generous bedrooms, multiple full baths, and a dedicated office, creating flexibility for families at every stage. The top floor is set apart as a private primary retreat, with additional rooms that easily shift into dressing space, workspace, or quiet sitting areas, offering a sense of separation that is increasingly rare. The finished lower level extends the home with a rec room, bar, and multiple flex spaces suited to entertaining, fitness, or guest use, offering separation without feeling removed and space that adapts as needs change. Outside, the fully fenced backyard is built for real use, anchored by a pool, expansive deck with lounge and dining areas, mature gardens, and a natural gas BBQ hookup. A detached garage and extra-long 5 car private drive provide rare parking capacity in a highly walkable neighbourhood. Just steps to the lake, parks, ravines, schools, and the shops and cafes of Queen Street East, this is a home that feels as good to live in as it looks, and one that is ready for its next chapter.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- E13421938
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 5 (2 half)
- Size
- 2500-3000
- Lot
- 36 × 165 ft
- Cross streets
- Beech Ave & Kingston Rd
- Parking
- 1 garage · 5 parking (detached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $12,001 / 2026
- Days on market
- 38
- Listing brokerage
- ROYAL LEPAGE ESTATE REALTY
Rooms
hardwood floor · sliding doors · b/i closet
5 pc ensuite · soaking tub · double sink
hardwood floor · combined w/den · closet
hardwood floor · california shutters · b/i bookcase
3 pc ensuite · skylight · separate shower
hardwood floor · gas fireplace · large window
large closet · hardwood floor · combined w/br
hardwood floor · bay window
2 pc bath · marble floor · pedestal sink
separate shower · closet · tile floor
hardwood floor · pocket doors · chair rail
hardwood floor · closet
hardwood floor · gas fireplace · california shutters
gas fireplace · dry bar · laminate
hardwood floor · walk-out · quartz counter
Listed at $2,999,900, 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 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.68M, 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 $2.70M
- Bathrooms −$15K
- Adjusts to $2.68M
That comparable adjusts to $2.68M; the $3.17M estimate above is the median of all 21 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 Balmy Beach Community 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, this is a very walkable address with everyday errands close by. Kingston Rd at Beech Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.17M, median of 21 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Weigh carefully
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 2% below the area average of $1,117/sqft.
37 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.
Getting around
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: Kingston Rd at Beech Ave, about 245 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 $2,399,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,807
- Property tax
- $1,000
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,807
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,473
- Toronto municipal land transfer tax
- $61,473
- Estimated closing costs
- $122,945
Plus your down payment of $599,980. 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
- $768,412
- Principal paid down
- $305,630
- Interest paid
- $462,781
- Balance remaining
- $2,094,290
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 ROYAL LEPAGE ESTATE REALTY. MLS®/PropTx.