139 King Edward Avenue, Toronto, ON

Woodbine-Lumsden, Toronto · MLS® E13593858

$999,000
For Sale
Listed 1 day ago
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4Bedrooms
3Bathrooms
2Parking
1500-2000Sq Ft

About this home

Beautiful, completely renovated 3 bedroom, 3 bathroom detached home with 2 car parking, located on the prettiest tree-lined street in the heart of family-friendly Woodbine-Lumsden. Welcome to 139 King Edward Avenue! This home is bright and spacious and features hardwood floors, gorgeous light fixtures, loads of storage, pot lights and elegant window treatments throughout. The cozy living space offers a lovely view of the large front porch and gardens. Perfect for your morning coffee or evening glass of wine. The gorgeous, modern kitchen is equipped with stainless steel appliances, breakfast island, gorgeous quartz countertops, ample cupboard and storage space, and a gas cooktop. It overlooks a huge deck and a lovely backyard with significant potential for personalization where you can entertain friends and family comfortably. The perfect outdoor space. The large, open-concept basement provides flexible space, perfect for an additional family area or a 4th bedroom. It also includes a spacious laundry room with built-in shelves, a cold room, and a 3-piece bathroom. Recent upgrades include a brand new high-efficiency furnace, new washer and dryer, new BBQ gas line, a new filtered water system in the kitchen, and updated bathrooms. This property is situated in an amazing neighborhood with friendly neighbors, offering convenient access to the DVP and steps away from schools, parks, TTC, shops, restaurants, and farmers' markets.

Key facts

Property type
Detached, 2-Storey
MLS®
E13593858
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
22.64 × 126.38 ft
Cross streets
Woodbine & Lumsden
Parking
2 parking
Driveway
Private
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,809 / 2026
Days on market
1
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

RecreationLower4.26 × 6.90 m

hardwood floor · window · open concept

Utility RoomLower0.50 × 2.54 m
Living RoomMain3.58 × 3.96 m

overlooks frontyard · hardwood floor · combined w/dining

LaundryLower2.69 × 2.51 m

b/i shelves · 3 pc bath

Primary BedroomSecond4.64 × 3.24 m

overlooks frontyard · hardwood floor · double closet

KitchenMain4.66 × 3.95 m

breakfast bar · overlooks backyard · w/o to deck

Dining RoomMain3.58 × 3.39 m

open concept · hardwood floor · combined w/living

Bedroom 2Second3.58 × 3.63 m

hardwood floor · closet · window

FoyerMain3.97 × 3.98 m

hardwood floor · closet · window

Bedroom 3Second3.52 × 2.51 m

overlooks backyard · hardwood floor · window

Our TakeTeam Asgarian · Broker
Below comparables
$1.35Mest. value

Listed at $999,000, and my independent estimate is about 26% below comparable homes, worth a close look.

In Woodbine-Lumsden lately, sellers get about 102% of asking; homes sell in ~17 days.

List price
$999KGreat deal$1.59MOverpriced

Total price vs nearby homes. Fair value about $1.35M, median of 47 comparables.

How this estimate is builtthe short version

I take the 47 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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, and the city (MPAC) assessment points to about $1.20M, a bit lower.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Gledhill Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 47 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$1.63Mavg asking

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

85B Maybourne Avenue$1.09M45 Overlord Crescent$990k33 Wilderness Drive$1.43M35 Duart Park Road$2.38M412 Deloraine Avenue$2.28M

The 5 closest of 6 active listings nearby.

See all comparable homes
999kThis home1.09M990k1.43M2.38M2.28MThis home vs active comparables
Live market pulseActive comparables in Woodbine-Lumsden · median list $999K
$571this home / sqft
5active listings nearby
1days on market
97sold nearby · 90 days
$1.20Mmedian sold price
102%of asking, on average

This home lists 25% below the area average of $758/sqft.

0 days faster 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

Woodbine-Lumsden, 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.

Danforth Village-East York
$883K
Clairlea-Birchmount
$880K
Birchcliffe-Cliffside
$1.70M
Leaside
$1.73M
Bedford Park-Nortown
$2.28M

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 Gledhill Junior Public School
76%
Gledhill Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,553/mo
$193KIncome needed
5.2×Price ÷ income
$1,051Weekly 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.

90%mortgage
Mortgage $4,553Property tax $484Total carry $5,037

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,265per month

Mortgage amount $799,200 · 4.14% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,749Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,265
Property tax
$484
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,749

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,180/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

$480,248Total interest paid
$1,279,448Total of all payments
Principal $799,200 Interest $480,248
YearPrincipalInterestBalance
1$18,722$32,455$780,478
2$19,506$31,672$760,972
3$20,322$30,856$740,650
4$21,172$30,006$719,479
5$22,057$29,121$697,422
6$22,980$28,198$674,442
7$23,941$27,237$650,501
8$24,942$26,236$625,559
9$25,986$25,192$599,573
10$27,073$24,105$572,500
11$28,205$22,973$544,295
12$29,385$21,793$514,911
13$30,614$20,564$484,297
14$31,894$19,284$452,402
15$33,229$17,949$419,174
16$34,618$16,560$384,555
17$36,066$15,111$348,489
18$37,575$13,603$310,914
19$39,147$12,031$271,767
20$40,784$10,394$230,983
21$42,490$8,688$188,493
22$44,267$6,910$144,225
23$46,119$5,059$98,106
24$48,048$3,130$50,058
25$50,058$1,120$0

At the end of your 5-year term

Total paid over the term
$255,890
Principal paid down
$101,778
Interest paid
$154,111
Balance remaining
$697,422

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$3,150/mo
$37,800Gross annual rent
2.6%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.

3.8%
Gross yield
− Property tax $5,809− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,433

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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