79 Meighen Avenue, Toronto, ON

Crescent Town, Toronto · MLS® E13560126

$899,900
For Sale
Listed 3 days ago
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4Bedrooms
3Bathrooms
1Parking
1100-1500Sq Ft

About this home

Why settle when you can truly have it ALL!? Welcome to 79 Meighen Ave! From the moment you step onto the sun filled front porch to the second you walk through the double French doors into your backyard Oasis, you will appreciate every inch of this beautifully renovated & one of a kind home. Gleaming Hardwood floors across the entire updated and freshly painted main level pairs with vibrance from the natural sunlight flooding through. The open concept, modern kitchen featuring stainless steel appliances and gas range is sure to impress! The main floor also boasts an upscale gas fireplace, large open concept living/dining area and a tranquil 2 piece bath. The open, airy main floor family room leads to your own personal Vacation Hideaway with a true indoor-outdoor combo space perfect for entertaining. Featuring a HUGE 3 tier deck, multiple seating areas & Gas BBQ hook-up, you will never get tired of relaxing in this peaceful urban retreat that's almost unheard of in the city. Upstairs features an X-large Primary bedroom, 2 very good sized children's rooms; all featuring custom built-in closets and a reno'd luxurious 5 piece bath. The lower level features another reno'd bath, additional bedroom with W/I closet and the perfect rec room for family movie night with built in surround sound. Centrally located just steps to transit (including 24 hour service), Taylor Creek, Donora Park, any and all amenities a family could ever need, boutique shops in East York, all Danforth has to offer, only 6 minute drive to Danforth GO, great schools, family friendly entertainment, all different places of worship and just a short drive to the beach. Boasting over 2,000 sq. ft. of total living space, surrounded by multi-million dollar homes lush green spaces, this spectacular home in this family friendly community is the dream for anyone seeking fast and easy access to downtown while still being able to enjoy their own private & peaceful retreat right in the heart of the city.

Key facts

Property type
Detached, 2-Storey
MLS®
E13560126
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
27 × 110 ft
Cross streets
Victoria Park/ St. Clair
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,924 / 2025
Days on market
3
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 2Second4.06 × 2.67 m

broadloom · picture window · closet

Primary BedroomSecond3.78 × 3.81 m

broadloom · his and hers closets · picture window

Dining RoomMain3.97 × 2.86 m

hardwood floor · picture window · pot lights

Living RoomMain4.09 × 5.39 m

hardwood floor · gas fireplace · pot lights

KitchenMain3.46 × 2.85 m

hardwood floor · stainless steel appl · pot lights

BedroomBasement3.38 × 2.54 m

broadloom · walk-in closet(s) · window

RecreationBasement4.03 × 3.41 m

laminate · pot lights · window

Family RoomMain3.20 × 3.17 m

hardwood floor · french doors · overlooks backyard

Bedroom 3Second3.02 × 2.62 m

broadloom · picture window · closet

Moe’s TakeTeam Asgarian · Broker
In line
$984Kest. value

Listed at $899,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

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

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 $1.04M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.90M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.94M

That comparable adjusts to $1.94M; the $984K 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.

The assigned public school is George Webster Elementary 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. Dawes Rd at Gower St North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$894KGreat deal$1.29MOverpriced

Total price vs nearby homes. Fair value about $984K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.15Mavg asking

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

21 Mahoney Avenue$879k107 Twenty Fourth Street$939k31 Griffen Drive$778k110 Gillard Avenue$1.25M351 Fairlawn Avenue$1.90M

The 5 closest of 6 active listings nearby.

See all comparable homes
900kThis home879k939k778k1.25M1.90MThis home vs active comparables
Live market pulseActive comparables in Crescent Town · median list $999K
$692this home / sqft
6active listings nearby
3days on market

This home lists 23% below the area average of $897/sqft.

2 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

Crescent Town, 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

78/ 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: Dawes Rd at Gower St North Side, about 110 m away

20+ transit stops9 grocery20+ dining20+ parks20+ 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.

Wexford-Maryvale
$865K
Cliffcrest
$1.51M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
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 George Webster Elementary School
58%
George Webster Elementary SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 58% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,101/mo
$173KIncome needed
5.2×Price ÷ income
$946Weekly 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.

91%mortgage
Mortgage $4,101Property tax $410Total carry $4,512

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%
$
%
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)
$3,842per month

Mortgage amount $719,920 · 4.14% over 25 years

$179,980Down payment (20.0%)
$719,920Loan before insurance
$0CMHC premium
$4,252Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,842
Property tax
$410
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,252

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

One-time closing costs

Ontario land transfer tax
$14,473
Toronto municipal land transfer tax
$14,473
Estimated closing costs
$28,946

Plus your down payment of $179,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,666/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

$432,608Total interest paid
$1,152,528Total of all payments
Principal $719,920 Interest $432,608
YearPrincipalInterestBalance
1$16,865$29,236$703,055
2$17,571$28,530$685,484
3$18,306$27,795$667,178
4$19,071$27,030$648,107
5$19,869$26,232$628,238
6$20,700$25,401$607,538
7$21,566$24,535$585,972
8$22,468$23,633$563,504
9$23,408$22,693$540,096
10$24,387$21,714$515,709
11$25,407$20,694$490,302
12$26,470$19,631$463,832
13$27,577$18,524$436,255
14$28,731$17,371$407,524
15$29,932$16,169$377,592
16$31,184$14,917$346,408
17$32,489$13,612$313,919
18$33,848$12,253$280,071
19$35,263$10,838$244,808
20$36,738$9,363$208,070
21$38,275$7,826$169,794
22$39,876$6,225$129,918
23$41,544$4,557$88,374
24$43,282$2,819$45,092
25$45,092$1,009$0

At the end of your 5-year term

Total paid over the term
$230,506
Principal paid down
$91,682
Interest paid
$138,824
Balance remaining
$628,238

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$2,300/mo
$27,600Gross annual rent
2.0%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.

3.1%
Gross yield
− Property tax $4,924− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,240

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

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