22 Pitt Avenue, Toronto, ON

Clairlea-Birchmount, Toronto · MLS® E13784012

$1,399,888
For Sale
Listed 34 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • This exquisite home was featured on HGTV in May 2026 after it went through a complete renovation costing over $600K.
  • It features a 4 bed, 3 bath upper and a legal 2 Bedroom basement income apartment, both are designed with sophistication and functionality in mind.
  • New furnace, A/C, appliances, quality insulation for noise and warmth.
  • A large deck with glass railings graces the private backyard.
  • Walk to the subway, golf course and a 183-acre park with 57 trails.

This exquisite home was featured on HGTV in May 2026 after it went through a complete renovation costing over $600K. It features a 4 bed, 3 bath upper and a legal 2 Bedroom basement income apartment, both are designed with sophistication and functionality in mind. New furnace, A/C, appliances, quality insulation for noise and warmth. Every inch of this 2,200+ sq. ft. home has been professionally reimagined with a consistent design, architectural lines, a warm gold-and-white palette, rich wood accents, and premium materials and hardware throughout. Elegantly decorated with high-end furniture and original artwork. Double garage with 4 parking spots in total. A large deck with glass railings graces the private backyard. 5 minute drive to the Beach. 12km to downtown Toronto. Walk to the subway, golf course and a 183-acre park with 57 trails. The front entrance opens up to a luxurious living room with a fireplace, a dining area, an Architectural Digest-inspired powder room, a striking modern kitchen that flows seamlessly into the bonus family room and backyard. It's a perfect space for family living or elegant soirées. The cozy gas fireplace provides a warm welcome for conversation. The 2 tone kitchen with centre island in the heart of the ground floor. The dining area is next to the kitchen and a beverage center. The family room overlooks a serene backyard through the large sliding glass doors-extending your living space and connection to nature.3rd Floor Sanctuary for the Parents-The entire 3rd floor is devoted to a king-size bedroom, a spa-like bathroom and a large closet-a private place for self-care. The 5-piece bathroom features a large shower area, a luxurious soaker tub positioned under a skylight, and 2 separate vanities.2nd Floor with 3 Bedrooms + 4 pc Bath. A generous bedroom with an oversized closet and two mid-sized bedrooms and a beautiful bathroom with ensuite laundry.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
E13784012
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
25 × 106 ft
Cross streets
Victoria Park and Danforth
Parking
2 garage · 4 parking (detached)
Driveway
Private Double
Basement
Apartment, Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,223 / 2025
Days on market
34
Listing brokerage
KELLER WILLIAMS PORTFOLIO REALTY

Rooms

Family RoomMain3.60 × 3.80 m

sliding doors · overlook patio · closet

Primary BedroomThird4.17 × 3.30 m

5 pc ensuite · skylight · closet

Living RoomMain6.73 × 5.07 m

fireplace · picture window · open concept

Bedroom 2Second3.58 × 4.35 m

closet organizers · large window · overlooks frontyard

KitchenMain4.45 × 2.14 m

centre island · b/i appliances · granite counters

BedroomBasement3.56 × 2.01 m

above grade window · vinyl floor

KitchenBasement3.65 × 3.24 m

eat-in kitchen · granite counters · breakfast bar

Bedroom 4Second3.17 × 2.62 m

overlooks garden · window

BedroomBasement3.56 × 2.76 m

above grade window · closet · vinyl floor

Bedroom 3Second3.17 × 3.28 m

window · closet

Living RoomBasement3.23 × 4.88 m

above grade window · combined w/kitchen

Dining RoomMain4.23 × 2.93 m

window · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.38Mlikely sale price

Listed at $1,399,888. Going by how homes in Clairlea-Birchmount and the wider GTA have actually closed against their asking prices (about 99%, 22 local closings in 90 days), the likely sale price is near $1.38M, if it sells. A realistic range is $1.29M to $1.55M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 34 days on the market against about 15 for homes like it here, and asking 31% above where comparable closings put it.

List price
$1.29MBelow recent closings$1.55MAbove recent closings

Total price vs nearby homes. Likely closing about $1.38M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$854Kmedian sold price
100%of asking, on average
−10%prices vs a year ago
~10 dayshomes like this take to sell
34days on market so far
$3,968/moest. rent · 6 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 20 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $622/sqft against an area asking average of $706/sqft.

  • Walk-out basement apartment features. A finished 2 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 Clairlea-Birchmount: 27 of the 105 detached leases here lately were basement units, around $1,850 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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $837K. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is SATEC @ W A Porter Collegiate Institute. 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

Priced above comparable homes overall, but the price per square foot ($622/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Clairlea-Birchmount, so I widened the search to the surrounding area.

Based on 22 comparable homes that sold in Clairlea-Birchmount over the past two years, from 172 closings there.

What sellers nearby are askingCurrently listed nearby in Clairlea-Birchmount · asking prices
$1.33Mavg 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 $1.07M, which is where my estimate comes from.

Per square foot, these ask about $590/sqft; this home lists at $622/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.40MThis home1.40M1.50M1.49M1.30M949kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Clairlea-Birchmount: $830K in September 2026, down 5% from a year ago, on 90 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$939K12
November 2025$843K10
December 2025$915K5
March 2026$1.13M6
April 2026$878K14
May 2026$835K13
June 2026$852K10
July 2026$897K5
August 2026$897K6
September 2026$830K9

Neighbourhood & location

Clairlea-Birchmount, 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.

Woodbine-Lumsden
$949K
Wexford-Maryvale
$849K
Leaside
$2.15M
Bendale
$949K
Banbury-Don Mills
$5.50M

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 Regent Heights Public School
68%
Regent Heights Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Crescent Town Elementary School · Public elementary0.4 km · 68% at standard
George Webster Elementary School · Public elementary0.7 km · 58% at standard
Samuel Hearne Public School · Public elementary0.9 km · 47% at standard
Our Lady of Fatima Catholic School · Catholic elementary1.0 km · 69% at standard
Oakridge Junior Public School · Public elementary1.0 km · 61% at standard
Taylor Creek Public School · Public elementary1.2 km · 41% at standard
St Nicholas Catholic School · Catholic elementary1.2 km · 61% at standard
Secord Elementary School · Public elementary1.2 km · 61% at standard
William J McCordic School · Public elementary1.3 km
Gordon A Brown Middle School · Public elementary1.3 km · 77% at standard
Victoria Park Elementary School · Public elementary1.4 km · 92% at standard
Selwyn Elementary School · Public elementary1.5 km · 85% at standard

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

Affordability & Mortgage

Affordability
$6,380/mo
$256KIncome needed
5.5×Price ÷ income
$1,472Weekly cost
$48,946Land 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.

95%mortgage
Mortgage $6,380Property tax $352Total carry $6,732

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,192per month

Mortgage amount $1,119,910 · 4.49% over 25 years

$279,978Down payment (20.0%)
$1,119,910Loan before insurance
$0CMHC premium
$6,544Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,192
Property tax
$352
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,544

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

One-time closing costs

Ontario land transfer tax
$24,473
Toronto municipal land transfer tax
$24,473
Estimated closing costs
$48,946

Plus your down payment of $279,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,495/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

$737,743Total interest paid
$1,857,653Total of all payments
Principal $1,119,910 Interest $737,743
YearPrincipalInterestBalance
1$24,992$49,314$1,094,919
2$26,126$48,180$1,068,792
3$27,313$46,994$1,041,480
4$28,553$45,753$1,012,927
5$29,849$44,457$983,078
6$31,204$43,102$951,874
7$32,621$41,685$919,252
8$34,102$40,204$885,150
9$35,651$38,655$849,499
10$37,269$37,037$812,230
11$38,962$35,345$773,269
12$40,731$33,576$732,538
13$42,580$31,726$689,958
14$44,513$29,793$645,445
15$46,534$27,772$598,911
16$48,647$25,659$550,264
17$50,856$23,450$499,408
18$53,165$21,141$446,243
19$55,579$18,727$390,664
20$58,102$16,204$332,562
21$60,740$13,566$271,821
22$63,498$10,808$208,323
23$66,381$7,925$141,941
24$69,395$4,911$72,546
25$72,546$1,760$0

At the end of your 5-year term

Total paid over the term
$371,531
Principal paid down
$136,832
Interest paid
$234,698
Balance remaining
$983,078

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 Clairlea-Birchmount$3,968/mo
$47,616Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,450 to $4,550Typical rent range
~46 daysTo find a tenant, on average

The suite is real income here: basements rent in Clairlea-Birchmount (27 of 105 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 Clairlea-Birchmount signed at a median of $3,780 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,968. 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.

3.4%
Gross yield
− Property tax $4,223− Insurance $1,400− Vacancy & upkeep $5,238Net operating income $36,755

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

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