89 Leuty Avenue, Toronto, ON
The Beaches, Toronto · MLS® E13659560
About this home
Welcome to 89 Leuty Ave., a remarkably spacious 2-3/4 storey semi-detached home nestled south of Queen St. in the vibrant heart of the Beach(es). Providing roughly 2,000 sq. ft. of above-grade living space in addition to a fully finished basement, this property sits on a premium lot complete with dedicated front-yard parking. Families will appreciate being situated within one of the city's premier school districts. The unbeatable location is also just a short stroll from local shops, diverse restaurants, cozy cafes, Kew Gardens, essential daily amenities, and the beautiful Beach itself-along with its scenic Boardwalk and bike path. Thoughtfully designed for modern family living, the home boasts bright, welcoming principal rooms that draw in abundant natural light, 2.5 bathrooms, a versatile second-floor family/playroom, and four generous bedrooms-including a fantastic teen retreat or rec room on the lower level. A true standout feature is the spectacular third-floor primary bedroom, complete with its own private ensuite bathroom, which features a walk-in shower with two shower heads, and an extra wide bathtub.. Both the kitchen and bathrooms have been updated for everyday comfort, while the deep backyard offers a private urban oasis with plenty of space for outdoor entertaining, gardening, and children's play. Whether you are looking to join this wonderful community or are already a local resident seeking more space on one of the Beach's most highly coveted streets, this exceptional property is a must-see!
Key facts
- Property type
- Semi-Detached, 3-Storey
- MLS®
- E13659560
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 19 × 140.83 ft
- Cross streets
- Queen & Leuty
- Parking
- 1 parking
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,307 / 2026
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Listed at $1,799,000, and my independent estimate is about 20% above what comparable homes suggest.
In The Beaches lately, sellers get about 109% of asking; homes sell in ~13 days.
Total price vs nearby homes. Fair value about $1.50M, median of 55 comparables.
- Walk-out 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 55 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 $1.96M, higher than the comparables and worth a second look.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Malvern Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Wineva Avenue is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,028/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in The Beaches, so I widened the search to the surrounding area.
Based on 55 comparable homes that recently sold nearby.
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 4% above the area average of $984/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Wineva Avenue, about 89 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 10, 2026); conventional rates run a little higher.
Mortgage amount $1,439,200 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,719
- Property tax
- $776
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,495
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,455
- Toronto municipal land transfer tax
- $32,455
- Estimated closing costs
- $64,910
Plus your down payment of $359,800. 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
- $463,167
- Principal paid down
- $182,206
- Interest paid
- $280,961
- Balance remaining
- $1,256,994
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.