27 Lesmount Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13565580
About this home
Welcome to 27 Lesmount Ave., a detached family home in one of Toronto's most sought-after east-end neighbourhoods. Lovingly maintained by the same family for over 60 years, this cherished home is ready for its next chapter. Featuring the rare luxury of a spacious main-floor family room, a garage with parking & garden suite potential, it offers an exceptional opportunity for families looking to put down roots in a wonderful community.Step inside to discover a bright, functional layout designed for comfortable everyday living. The spacious living & dining rooms feature original trim & large windows that fill the home with natural light, while the expansive main-floor family room is perfect for relaxing, entertaining or gathering with family & friends. The practical floor plan flows effortlessly from room to room.The generous kitchen offers ample workspace & storage, making it the heart of the home & ideal for family meals & entertaining. Upstairs are three well-proportioned bedrooms & an updated bathroom, providing comfortable accommodation for a growing family.The unfinished basement offers exceptional storage & endless potential to create additional living space, whether you envision a recreation room, home office, gym or expanded family living area.Step outside to enjoy a private backyard, perfect for summer entertaining, gardening or simply relaxing. The property's garden suite potential provides a rare opportunity to create future living space for extended family, a home office or added long-term value.Located approx. a 15-minute walk to Donlands Station, directly across from Holy Cross Catholic School & within walking distance of William Burgess Elementary School, this home is also close to parks, cafés, shops & the vibrant Danforth. A wonderful opportunity to own a cherished home in an established neighbourhood with a true sense of community. Move in & enjoy today or personalize the space over time & make it your own.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13565580
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 25 × 100 ft
- Cross streets
- O'Connor Dr & Donlands Ave
- Parking
- 1 garage (detached)
- Basement
- Unfinished
- Heating
- Water
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,663 / 2026
- Days on market
- 2
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
french doors · w/o to yard · hardwood floor
picture window · imitation fireplace · broadloom
window · broadloom
window · closet · broadloom
formal rm · broadloom
combined w/dining · window · updated
window · closet · broadloom
Listed at $1,138,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, 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 $1.08M
- Bathrooms −$15K
- Adjusts to $1.06M
That comparable adjusts to $1.06M; the $1.18M estimate above is the median of all 6 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 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 Cosburn Ave South Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.18M, median of 6 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Value driver
- Worth verifying
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 15% below the area average of $1,024/sqft.
1 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Danforth Village-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 Cosburn Ave South Side, about 122 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
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 $910,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,858
- Property tax
- $472
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,330
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,235
- Toronto municipal land transfer tax
- $19,235
- Estimated closing costs
- $38,470
Plus your down payment of $227,600. 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
- $291,494
- Principal paid down
- $115,940
- Interest paid
- $175,554
- Balance remaining
- $794,460
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
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.