547 Eastern Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13785896

$999,000
For Sale
Listed 34 days agoNo offer date stated
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3Bedrooms
3Bathrooms
0Parking
1100-1500Sq ft

About this home

In short

  • Welcome to this beautifully renovated 3 bedrooms home in heart of Toronto.
  • The open-concept main floor with 9.5ft ceiling, is filled with natural light and features elegant lighting, wide plank hardwood flooring, and a stunning living space...
  • The sleek chef's kitchen boasts brand-new cabinetry, stone countertops, premium appliances, and a walkout to the backyard-perfect for everyday living and entertaining.
  • With 3 spacious bedrooms and all-new interior finishes, this turnkey home blends modern comfort with sophisticated style in a vibrant Toronto neighborhood.

Welcome to this beautifully renovated 3 bedrooms home in heart of Toronto. This bright and stylish residence has been completely updated from top to bottom, offering modern finishes and thoughtful design throughout. The open-concept main floor with 9.5ft ceiling, is filled with natural light and features elegant lighting, wide plank hardwood flooring, and a stunning living space with a contemporary fireplace and custom built-in shelving. The sleek chef's kitchen boasts brand-new cabinetry, stone countertops, premium appliances, and a walkout to the backyard-perfect for everyday living and entertaining. With 3 spacious bedrooms and all-new interior finishes, this turnkey home blends modern comfort with sophisticated style in a vibrant Toronto neighborhood.

Key facts

Property type
Townhouse, 2-Storey
MLS®
E13785896
Bedrooms
3
Bathrooms
3
Size
1100-1500 sq ft
Lot
15.43 × 87.81 ft
Cross streets
Carlaw/Eastern
Parking
0 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$4,178 / 2025
Days on market
34
Listing brokerage
BAY STREET GROUP INC.

Rooms

Great RoomBasement4.14 × 3.81 m

4 Pc Bath

Dining RoomMain4.60 × 4.36 m

combined w/living · pot lights

Bedroom 2Second3.32 × 2.61 m

b/i closet · window

KitchenMain3.41 × 3.83 m

walk-out · large window · centre island

Primary BedroomSecond3.38 × 4.50 m

b/i closet · 3 pc bath · window

Living RoomMain4.60 × 4.36 m

combined w/dining · fireplace · large window

Bedroom 3Second3.42 × 2.88 m

closet · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

Neighbourhood & location

South Riverdale, 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.

Cabbagetown-South St. James Town
$1.55M
Playter Estates-Danforth
$1.35M
Palmerston-Little Italy
$1.30M
Clairlea-Birchmount
$925K
Dovercourt-Wallace Emerson-Junction
$987K

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 Morse Street Junior Public School
76%
Morse Street Junior Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 76% meet the provincial standard
Quest Alternative Senior SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bruce Public School · Public elementary0.5 km · 68% at standard
Dundas Junior Public School · Public elementary0.9 km · 59% at standard
Queen Alexandra Middle School · Public elementary1.0 km · 71% at standard
SEED Alternative School · Public secondary1.0 km
Leslieville Junior Public School · Public elementary1.1 km · 62% at standard
Eastdale Collegiate Institute · Public secondary1.2 km
Riverdale Collegiate Institute · Public secondary1.3 km · 86% at standard
Pape Avenue Junior Public School · Public elementary1.4 km · 90% at standard
Blake Street Junior Public School · Public elementary1.5 km · 75% at standard
East Alternative School of Toronto · Public elementary1.5 km
Duke of Connaught Junior and Senior Public School · Public elementary1.6 km · 71% at standard
Quest Alternative School Senior · Public elementary1.7 km

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

Affordability & Mortgage

Affordability
$4,553/mo
$188KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$32,910Land 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.

93%mortgage
Mortgage $4,553Property tax $348Total carry $4,901

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)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,767Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$348
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,767

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

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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$2,300/mo
$27,600Gross annual rent
1.9%Cap rate after taxes and upkeep

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.

2.8%
Gross yield
− Property tax $4,178− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,986

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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