20 Torrens Avenue, Toronto, ON

Broadview North, Toronto · MLS® E13638278

$1,499,880
For Sale
Listed 75 days agoNo offer date stated
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4+1Bedrooms
3Bathrooms
1Garage · 5 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 20 Torrens Avenue - A Rare Multi-Family Investment Opportunity in Prime Broadview North Neighbourhood.
  • Offering 2,257 SF across multiple levels of generous living space, this back split features 4 spacious bedrooms, a den, and 3 full bathrooms - solid bones, ready for...
  • Sitting on a rare 150 ft deep lot with 4 separate entrances (main, side, 2 in the bsmt) this home offers true multi-family potential - an ideal choice for...
  • Second level: 3 bedrooms + 5-piece bathroom with skylight.
  • Main & Ground level: bedroom, spacious den, 3 piece bathroom, kitchen, dining room, living & family rooms with additional walk-out sliding door to a beautiful...

Welcome to 20 Torrens Avenue - A Rare Multi-Family Investment Opportunity in Prime Broadview North Neighbourhood. Multi-generational living. Built-in investment. Endless possibilities.Offering 2,257 SF across multiple levels of generous living space, this back split features 4 spacious bedrooms, a den, and 3 full bathrooms - solid bones, ready for your personal touch - in one of Toronto's most connected and evolving pockets: Broadview North.Sitting on a rare 150 ft deep lot with 4 separate entrances (main, side, 2 in the bsmt) this home offers true multi-family potential - an ideal choice for multi-generational families or investors seeking a built-in investment with real income potential. Truly one of the most unique lots in prime East York, Toronto, just minutes to Downtown.Second level: 3 bedrooms + 5-piece bathroom with skylight. Main & Ground level: bedroom, spacious den, 3 piece bathroom, kitchen, dining room, living & family rooms with additional walk-out sliding door to a beautiful backyard plus another side entrance from ground level. Basement -accessible by 2 separate entrances: recreation room with wet bar, second kitchen, dining area, 4 piece bathroom and laundry room. With multiple entrances - front door, 2 basement entrances, side door entrance, and backyard W/O - this home is built for flexibility, privacy, and independent living for extended family or tenants. 5 total parking spaces (1-car garage + 4 additional parking spaces) - a rare find minutes to downtown. Unbeatable location: walking distance to top-rated schools and the scenic Lower Don Valley trails, with quick access to the DVP, reliable TTC, the Brickworks, Rosedale Valley, and the East York Community Centre - steps to Broadview. Investor alert: this renovator's opportunity on a rare 150 ft deep lot with 5-car parking and 4 separate entrances won't last. Bring your vision and transform this home into your family's next chapter or your next great investment.

Key facts

Property type
Detached, Backsplit 5
MLS®
E13638278
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
2000-2500 sq ft
Lot
33.04 × 150.16 ft
Cross streets
Broadview Ave & Torrens Ave.
Parking
1 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished, Walk-Up, Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,256 / 2026
Days on market
75
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomSecond5.07 × 4.56 m

parquet · his and hers closets · 5 pc ensuite

Living RoomMain4.45 × 4.23 m

hardwood floor · open concept · combined w/dining

RecreationSub-Basement8.95 × 7.34 m

laminate · fireplace · wet bar

BathroomBasement2.29 × 1.45 m

ceramic floor · 4 pc bath

BathroomSecond3.50 × 2.43 m

ceramic floor · 5 pc ensuite · skylight

Dining RoomBasement7.94 × 4.93 m

laminate · open concept · walk-out

KitchenBasement7.94 × 4.93 m

laminate · eat-in kitchen · window

Utility RoomSub-Basement3.76 × 3.50 m

concrete floor · combined w/laundry · double sink

Bedroom 4Ground3.43 × 2.93 m

parquet · closet · window

Bedroom 3Second3.06 × 2.95 m

parquet · closet · window

Family RoomGround6.42 × 4.36 m

parquet · fireplace · w/o to patio

KitchenMain4.08 × 2.71 m

ceramic floor · eat-in kitchen · window

Bedroom 2Second4.00 × 3.02 m

parquet · closet · overlooks backyard

Dining RoomMain3.39 × 2.73 m

hardwood floor · open concept · combined w/living

DenGround3.38 × 2.93 m

parquet · overlooks backyard · window

BathroomGround2.24 × 2.16 m

ceramic floor · 3 pc bath

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.49Mlikely sale price

Listed at $1,499,880. Going by how homes in Broadview North and the wider GTA have actually closed against their asking prices (about 99%, 9 local closings in 90 days), the likely sale price is near $1.49M, if it sells. A realistic range is $1.39M to $1.68M.

Independent value check: $1.62M. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $1.52M and $1.70M).

Why $1.62M. The typical detached home sold in Broadview North over the past year went for about $1.56M (28 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $8,256 a year; the typical home sold here pays about $7,300.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightlyIts lot is 33 by 150 ft; the typical lot sold here is 26 by 123.
List price
$1.39MBelow recent closings$1.68MAbove recent closings

Total price vs nearby homes. Likely closing about $1.49M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$1.41Mmedian sold price
101%of asking, on average
+4%prices vs a year ago
~32 dayshomes like this take to sell
75days on market so far
$4,416/moest. rent · 6 leases
3.5%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $667/sqft against an area asking average of $849/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Broadview North: 11 of the 52 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.47M. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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.

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

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

Based on 9 comparable homes that sold in Broadview North over the past two years, from 58 closings there.

What sellers nearby are askingCurrently listed nearby in Broadview North · asking prices
$1.10Mavg 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 $1.62M, which is where my estimate comes from.

Per square foot, these ask about $799/sqft; this home lists at $667/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home1.65M1.05M600kThis 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

Broadview North, 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.

Leaside
$2.15M
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M
Dovercourt-Wallace Emerson-Junction
$1.25M
Wexford-Maryvale
$849K

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 William Burgess Elementary School
59%
William Burgess Elementary SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 59% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Chester Elementary School · Public elementary0.4 km · 70% at standard
Jackman Avenue Junior Public School · Public elementary1.1 km · 79% at standard
Bennington Heights Elementary School · Public elementary1.2 km · 80% at standard
Rolph Road Elementary School · Public elementary1.4 km · 88% at standard
Frankland Community School Junior · Public elementary1.5 km · 87% at standard
Holy Name Catholic School · Catholic elementary1.6 km · 80% at standard
Wilkinson Junior Public School · Public elementary1.7 km · 86% at standard
CALC Secondary School · Public secondary1.8 km
Thorncliffe Park Public School · Public elementary1.8 km · 33% at standard
Danforth Collegiate Institute and Technical School · Public secondary1.8 km · 66% at standard
Earl Grey Senior Public School · Public elementary1.9 km
Kapapamahchakwew - Wandering Spirit Scho · Public secondary1.9 km

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

Affordability & Mortgage

Affordability
$6,836/mo
$286KIncome needed
5.2×Price ÷ income
$1,578Weekly cost
$52,945Land 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.

91%mortgage
Mortgage $6,836Property tax $688Total carry $7,524

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,634per month

Mortgage amount $1,199,904 · 4.49% over 25 years

$299,976Down payment (20.0%)
$1,199,904Loan before insurance
$0CMHC premium
$7,322Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,634
Property tax
$688
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,322

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

One-time closing costs

Ontario land transfer tax
$26,473
Toronto municipal land transfer tax
$26,473
Estimated closing costs
$52,945

Plus your down payment of $299,976. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,030/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

$790,439Total interest paid
$1,990,343Total of all payments
Principal $1,199,904 Interest $790,439
YearPrincipalInterestBalance
1$26,777$52,837$1,173,127
2$27,993$51,621$1,145,135
3$29,263$50,350$1,115,871
4$30,592$49,022$1,085,279
5$31,981$47,633$1,053,298
6$33,433$46,180$1,019,865
7$34,951$44,662$984,913
8$36,538$43,076$948,375
9$38,197$41,417$910,178
10$39,931$39,682$870,247
11$41,745$37,869$828,502
12$43,640$35,974$784,862
13$45,621$33,992$739,241
14$47,693$31,921$691,548
15$49,858$29,756$641,690
16$52,122$27,492$589,568
17$54,488$25,125$535,080
18$56,962$22,651$478,117
19$59,549$20,065$418,568
20$62,253$17,361$356,316
21$65,079$14,535$291,237
22$68,034$11,580$223,203
23$71,123$8,491$152,080
24$74,352$5,262$77,728
25$77,728$1,886$0

At the end of your 5-year term

Total paid over the term
$398,069
Principal paid down
$146,606
Interest paid
$251,462
Balance remaining
$1,053,298

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 6 whole-home leases in Broadview North$4,416/mo
$52,992Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,062 to $6,031Typical rent range

The suite is real income here: basements rent in Broadview North (11 of 52 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 6 whole-home leases in Broadview North signed at a median of $4,754 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,416. 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.

3.5%
Gross yield
− Property tax $8,256− Insurance $1,400− Vacancy & upkeep $5,829Net operating income $37,507

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

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