792 Midland Avenue, Toronto, ON

Kennedy Park, Toronto · MLS® E13525496

$1,848,000
For Sale
Listed 105 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to a contemporary masterpiece in the heart of Scarborough.
  • This home offers an expansive open-concept layout, characterized by soaring ceilings, wide-plank engineered hardwood flooring, and a seamless flow tailored for...
  • The opulent primary retreat boasts a cavernous walk-in closet with custom organizers and a spa-like ensuite featuring a freestanding soaking tub and a glass-enclosed...
  • Each additional bedroom is a private oasis with generous proportions and designer finishes.
  • The finished walk-out basement provides incredible versatility, complete with a full second kitchen featuring glossy cabinetry, a modern digital-display faucet, and a...

Welcome to a contemporary masterpiece in the heart of Scarborough. Situated in a prime location near Midland and Eglinton, this custom-built residence where sophisticated design meets unparalleled craftsmanship. This home offers an expansive open-concept layout, characterized by soaring ceilings, wide-plank engineered hardwood flooring, and a seamless flow tailored for executive living. The heart of the home is a chef-inspired kitchen featuring a grand quartz waterfall island, bespoke cabinetry, and designer lighting. The sun-drenched living area is anchored by a striking floor-to-ceiling stone fireplace, creating a bold architectural statement. The upper level is a sanctuary of light, illuminated by massive architectural skylights and glass railings. The opulent primary retreat boasts a cavernous walk-in closet with custom organizers and a spa-like ensuite featuring a freestanding soaking tub and a glass-enclosed shower with a rainfall head and multi-jet system. Each additional bedroom is a private oasis with generous proportions and designer finishes.The finished walk-out basement provides incredible versatility, complete with a full second kitchen featuring glossy cabinetry, a modern digital-display faucet, and a separate entrance, ideal for an in-law suite or premium entertainment space. Outdoors, enjoy a private, expansive wooden deck overlooking a fenced backyard. Finished with matte black hardware, smart-home touches, and backlit mirrors throughout, this home is the epitome of modern luxury in one of the GTA's most accessible and rapidly developing hubs.

Key facts

Property type
Detached, 2-Storey
MLS®
E13525496
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
30 × 129.17 ft
Cross streets
EGLINTON AVE W & MIDLAND AVE
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
105
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 4Second3.40 × 3.15 m

semi ensuite · double closet · hardwood floor

KitchenMain6.11 × 3.55 m

b/i appliances · quartz counter · pot lights

Living RoomMain10.89 × 6.95 m

combined w/dining · window floor to ceiling · hardwood floor

Bedroom 2Second5.30 × 4.95 m

semi ensuite · double closet · hardwood floor

KitchenBasement3.50 × 2.80 m

stainless steel appl · laminate · pot lights

BedroomBasement3.15 × 2.95 m

window · pot lights · double closet

Family RoomMain6.11 × 3.30 m

large window · fireplace · hardwood floor

Primary BedroomSecond5.45 × 4.70 m

6 pc ensuite · walk-in closet(s) · hardwood floor

Dining RoomMain10.89 × 6.95 m

open concept · combined w/living · hardwood floor

RecreationBasement5.25 × 3.65 m

laminate · pot lights · walk-up

BedroomBasement2.95 × 2.85 m

window · pot lights · double closet

Bedroom 3Second4.15 × 3.15 m

4 pc ensuite · walk-in closet(s) · pot lights

BreakfastMain6.11 × 3.55 m

combined w/kitchen · w/o to balcony · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.81Mlikely sale price

Listed at $1,848,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.81M, typically $1.70M to $2.04M. Comparable closings on their own put this home around $1.37M, about 26% below the ask.

Longer on the market than typical. 105 days on the market against about 19 for homes like it here, and asking 35% above where comparable closings put it.

List price
$1.70MBelow recent closings$2.04MAbove recent closings

Total price vs nearby homes. Likely closing about $1.81M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$873Kmedian sold price
99%of asking, on average
−4%prices vs a year ago
~16 dayshomes like this take to sell
105days on market so far
$4,177/moest. rent · 11 leases
2.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 5 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $672/sqft against an area asking average of $628/sqft.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Corvette Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Kennedy Park, so I widened the search to the surrounding area.

Based on 14 comparable homes that sold in Kennedy Park over the past two years, from 104 closings there.

What sellers nearby are askingCurrently listed nearby in Kennedy Park · asking prices
$1.24Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.81M, which is where my estimate comes from.

Per square foot, these ask about $628/sqft; this home lists at $672/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.85MThis home1.50M1.60M1.05M940k1.10MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Kennedy Park, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bendale
$949K
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M
Leaside
$2.15M

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 Corvette Junior Public School
60%
Corvette Junior Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 60% meet the provincial standard
Robert Service Senior Public SchoolEQAO results not published
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
South East Secondary Alternative School · Public secondary0.5 km
Caring and Safe School 3 · Public secondary0.5 km
Scarborough Centre for Alternative Studi · Public secondary0.5 km
Walter Perry Junior Public School · Public elementary0.5 km · 66% at standard
St Joan of Arc Catholic Academy · Catholic secondary0.6 km · 61% at standard
Glen Ravine Junior Public School · Public elementary0.7 km · 62% at standard
Lord Roberts Junior Public School · Public elementary1.1 km · 69% at standard
St Albert Catholic School · Catholic elementary1.3 km · 66% at standard
Ionview Public School · Public elementary1.4 km · 64% at standard
Hunter's Glen Junior Public School · Public elementary1.5 km · 66% at standard
Norman Cook Junior Public School · Public elementary1.5 km · 56% at standard
Charles Gordon Senior Public School · Public elementary1.5 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,423/mo
$363KIncome needed
5.1×Price ÷ income
$1,944Weekly cost
$66,870Land transfer tax, one-time (Ontario + Toronto)
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.

88%mortgage
Mortgage $8,423Estimated property tax $1,155Total carry $9,578

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,174per month

Mortgage amount $1,478,400 · 4.49% over 25 years

$369,600Down payment (20.0%)
$1,478,400Loan before insurance
$0CMHC premium
$9,329Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,174
Estimated property tax
$1,155
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,329

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

One-time closing costs

Ontario land transfer tax
$33,435
Toronto municipal land transfer tax
$33,435
Estimated closing costs
$66,870

Plus your down payment of $369,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,894/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

$973,898Total interest paid
$2,452,298Total of all payments
Principal $1,478,400 Interest $973,898
YearPrincipalInterestBalance
1$32,992$65,100$1,445,408
2$34,490$63,602$1,410,919
3$36,056$62,036$1,374,863
4$37,693$60,399$1,337,171
5$39,404$58,688$1,297,767
6$41,193$56,899$1,256,574
7$43,063$55,029$1,213,510
8$45,019$53,073$1,168,492
9$47,063$51,029$1,121,429
10$49,200$48,892$1,072,230
11$51,433$46,659$1,020,796
12$53,769$44,323$967,028
13$56,210$41,882$910,818
14$58,762$39,330$852,055
15$61,430$36,662$790,625
16$64,219$33,873$726,406
17$67,135$30,957$659,271
18$70,183$27,909$589,088
19$73,370$24,722$515,718
20$76,701$21,391$439,016
21$80,184$17,908$358,833
22$83,824$14,267$275,008
23$87,630$10,462$187,378
24$91,609$6,483$95,769
25$95,769$2,323$0

At the end of your 5-year term

Total paid over the term
$490,460
Principal paid down
$180,633
Interest paid
$309,826
Balance remaining
$1,297,767

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
From 11 whole-home leases in Kennedy Park$4,177/mo
$50,124Gross annual rent
1.6%Cap rate after taxes and upkeep
$3,226 to $4,568Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 11 whole-home leases in Kennedy Park signed at a median of $2,724 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,177. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.7%
Gross yield
− Property tax $12,936− Insurance $1,400− Vacancy & upkeep $5,514Net operating income $30,274

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

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