239 Torrens Avenue, Toronto, ON
East York, Toronto · MLS® E13480116
About this home
Exceptional East York Opportunity - Two Homes on One Premium Lot. Welcome to 239 Torrens Ave! A rare offering featuring an extensively upgraded detached 4-bedroom, 3-bath home PLUS a brand-new legal garden suite, all set on an expansive 30 x 150 ft lot. Ideal for multi-generational living or strong rental income potential approx. $3,000/month from the garden suite , featuring 10-ft ceilings, modern finishes, a generously sized bedroom, a 3-piece bath with laundry, and a functional layout that integrates the living, dining, and kitchen areas with a W/O to the patio. The main floor of the main house offers a bedroom, an accessible 3-piece bath, a home office with a W/O to the deck, and an inviting foyer that opens into an open-concept living space, beginning with a kitchen featuring a breakfast area, quartz countertops, a ceramic backsplash, SS appliances, and ample pantry storage. The space flows into the dining and living areas, where expansive windows, including a charming bay window, fill the home with natural light. A striking statement fireplace set against a brick accent wall creates a sophisticated focal point. Hardwood floors on the main and second levels, pot lights, 200 amp service, crown molding, and 2 skylights. The primary bedroom is a true sanctuary, with access to 2 balconies, 3 closets, and a generous layout. Two additional bedrooms share a 3-piece bath. The finished basement offers a W/O separate entrance, a recreation room, kitchen, laundry, 3-piece bath, and a cold room. Exterior highlights include a 6-car driveway, carport, stone façade, glass railings, interlocking, landscaped backyard, and a hot tub. Located near top schools, parks, the Danforth, DVP, and the future Ontario Line, this property delivers a rare combination of design, functionality, timeless aesthetics, and income potential in the heart of East York. The urban dream with a Walk Score 90 & Bike Score 83!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13480116
- Bedrooms
- 5
- Bathrooms
- 4
- Size
- 1500-2000
- Lot
- 30 × 150 ft
- Cross streets
- O'Connor Dr & Donlands Ave
- Parking
- 1 garage · 6 parking (carport)
- Basement
- Separate Entrance, Walk-Out
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Block
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $7,096 / 2025
- Days on market
- 24
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
w/o to balcony · overlooks backyard · hardwood floor
laundry sink · ceramic floor · pot lights
hardwood floor · walk-out · pot lights
open concept · pot lights · laminate
hardwood floor · skylight
breakfast bar · pot lights · hardwood floor
above grade window · sump pump · ceramic floor
open concept · large window · hardwood floor
open concept · pot lights · above grade window
combined w/dining · laminate · pot lights
hardwood floor · large window
hardwood floor · mirrored closet · pot lights
open concept · fireplace · bay window
sliding doors · pot lights · b/i closet
ceramic backsplash · ceramic floor · pot lights
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.
Ask Moe if this price is fairThe assigned public school is Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Donlands Ave at Torrens Ave 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 9% above the area average of $903/sqft.
23 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
East York, 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: Donlands Ave at Torrens Ave, about 165 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 $1,383,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,381
- Property tax
- $591
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,973
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,055
- Toronto municipal land transfer tax
- $31,055
- Estimated closing costs
- $62,110
Plus your down payment of $345,800. 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
- $442,876
- Principal paid down
- $176,151
- Interest paid
- $266,725
- Balance remaining
- $1,207,049
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.