57 Herbert Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13686442

$1,359,000
For Sale
Listed 24 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1100-1500Sq ft

About this home

In short

  • Welcome to 57 Herbert Avenue - a charming, solid-brick end-unit townhome in the heart of Toronto's coveted Beach neighbourhood, offering approximately 2,155 sq. ft....
  • Inside, soaring ceilings and spacious principal rooms create an airy, elegant feel, while a bright main-floor solarium fills the home with natural light.

Welcome to 57 Herbert Avenue - a charming, solid-brick end-unit townhome in the heart of Toronto's coveted Beach neighbourhood, offering approximately 2,155 sq. ft. of total living space across three bedrooms and two bathrooms.This rare find comes with laneway access, a detached garage, and private parking - a true rarity in the city. Inside, soaring ceilings and spacious principal rooms create an airy, elegant feel, while a bright main-floor solarium fills the home with natural light. The finished lower level offers a large recreation room with flexible potential as a family room, home office, gym, or guest suite. A generous primary bedroom rounds out this warm, character-filled home.Enjoy an unbeatable lifestyle just steps to Queen Street East's vibrant cafes, restaurants, boutiques, and streetcar, with the beach, waterfront trails, parks, and excellent schools all within walking distance.A rare opportunity to own a spacious, character-filled home with parking and an outstanding location in one of Toronto's most sought-after neighbourhoods - perfectly suited to young families, working professionals, down sizers, couples, and investors alike.

Key facts

Property type
Townhouse, 2-Storey
MLS®
E13686442
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
15.67 × 123 ft
Cross streets
Queen St E.
Parking
1 garage (detached)
Driveway
Lane
Basement
Finished
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick, Aluminum Siding
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$6,809 / 2025
Days on market
24
Listing brokerage
ROYAL LEPAGE ESTATE REALTY
Our TakeTeam Asgarian · Broker
Room to negotiate
$1.28Mest. value

Listed at $1,359,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.28M, typically $1.16M to $1.33M. Comparable closings on their own put this home around $1.10M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $1.22M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.16MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Fair value about $1.28M, median of 8 comparables.

The market behind the math:

24days on market so far
$4,575/moest. rent · 7 leases
4.0%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,045/sqft against an area asking average of $740/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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 $1.22M, a close match.

What the listing highlights1 point to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

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

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

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

Based on 8 comparable homes that sold in The Beaches over the past two years, from 20 closings there.

What sellers nearby are askingCurrently listed nearby in The Beaches · asking prices
$1.25Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.10M, which is where my estimate comes from.

Per square foot, these ask about $785/sqft; this home lists at $1,045/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.36MThis home1.05M998k1.70MThis home vs active comparables

Neighbourhood & location

The Beaches, 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.

Greenwood-Coxwell
$1.15M
South Riverdale
$1.30M
Cabbagetown-South St. James Town
$1.85M
Clairlea-Birchmount
$850K
Victoria Village
$970K

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 Kew Beach Junior Public School
85%
Kew Beach Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 85% meet the provincial standard
School of Life ExperienceEQAO results not published
Also nearby: 12 more schools within 2.5 km
Norway Junior Public School · Public elementary0.6 km · 85% at standard
Glen Ames Senior Public School · Public elementary0.7 km
Williamson Road Junior Public School · Public elementary0.7 km · 78% at standard
St John Catholic School · Catholic elementary1.3 km · 72% at standard
Beaches Alternative Junior School · Public elementary1.4 km
Kimberley Junior Public School · Public elementary1.4 km · 82% at standard
Balmy Beach Community School · Public elementary1.4 km · 88% at standard
Equinox Holistic Alternative School · Public elementary1.5 km · 83% at standard
Roden Public School · Public elementary1.5 km · 65% at standard
Notre Dame Catholic High School · Catholic secondary1.5 km · 82% at standard
Duke of Connaught Junior and Senior Public School · Public elementary1.5 km · 71% at standard
Malvern Collegiate Institute · Public secondary1.6 km · 87% at standard

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

Affordability & Mortgage

Affordability
$6,194/mo
$257KIncome needed
5.3×Price ÷ income
$1,429Weekly cost
$47,310Land 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.

92%mortgage
Mortgage $6,194Property tax $567Total carry $6,761

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,861per month

Mortgage amount $1,087,200 · 4.24% over 25 years

$271,800Down payment (20.0%)
$1,087,200Loan before insurance
$0CMHC premium
$6,429Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,861
Property tax
$567
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,429

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

One-time closing costs

Ontario land transfer tax
$23,655
Toronto municipal land transfer tax
$23,655
Estimated closing costs
$47,310

Plus your down payment of $271,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,112/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

$671,165Total interest paid
$1,758,365Total of all payments
Principal $1,087,200 Interest $671,165
YearPrincipalInterestBalance
1$25,120$45,215$1,062,080
2$26,196$44,139$1,035,885
3$27,318$43,016$1,008,566
4$28,489$41,846$980,077
5$29,710$40,625$950,367
6$30,983$39,352$919,385
7$32,310$38,024$887,074
8$33,695$36,640$853,380
9$35,139$35,196$818,241
10$36,644$33,690$781,597
11$38,214$32,120$743,382
12$39,852$30,483$703,530
13$41,560$28,775$661,971
14$43,340$26,994$618,630
15$45,198$25,137$573,433
16$47,134$23,200$526,298
17$49,154$21,181$477,145
18$51,260$19,075$425,884
19$53,457$16,878$372,428
20$55,747$14,587$316,681
21$58,136$12,199$258,545
22$60,627$9,708$197,918
23$63,225$7,110$134,693
24$65,934$4,401$68,759
25$68,759$1,575$0

At the end of your 5-year term

Total paid over the term
$351,673
Principal paid down
$136,833
Interest paid
$214,840
Balance remaining
$950,367

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 7 whole-home leases in The Beaches$4,575/mo
$54,900Gross annual rent
3.0%Cap rate after taxes and upkeep
$4,209 to $5,386Typical rent range

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 7 whole-home leases in The Beaches signed at a median of $4,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,575. 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.

4.0%
Gross yield
− Property tax $6,809− Insurance $1,400− Vacancy & upkeep $6,039Net operating income $40,652

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

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