245 Ashdale Avenue, Toronto, ON

Greenwood-Coxwell, Toronto · MLS® E13811266

$1,988,000
For Sale
Listed 27 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Parking
1500-2000Sq ft

About this home

In short

  • Welcome to 245 Ashdale Avenue, a fully gut-renovated 2-storey detached home on a 25 x 122 ft lot in Greenwood-Coxwell, steps to Gerrard East and a short walk to...
  • Premium finishes throughout: hardwood on the main floor, large-format heated tile floors on the basement and the second floor.
  • Main floor and basement: 2 bedrooms, den, two 3-pc bathrooms with stand-up showers, kitchen on the main floor and a wet bar in the basement; two laundries.
  • Second floor: self-contained 1-bedroom suite with kitchen, 3-pc ensuite, laundry, heated floors, and walk-out balcony (currently leased as a private upper apartment...
  • Buyer to assume the second-floor tenancy ($3,000/month including utilities; confirm current lease).

Welcome to 245 Ashdale Avenue, a fully gut-renovated 2-storey detached home on a 25 x 122 ft lot in Greenwood-Coxwell, steps to Gerrard East and a short walk to Leslieville, The Beach, and the waterfront. Premium finishes throughout: hardwood on the main floor, large-format heated tile floors on the basement and the second floor. Stucco exterior, flat roof, large rear deck, second-floor balcony, and a legal interlock parking pad for one car.Flexible layout with separate access to the second floor. Main floor and basement: 2 bedrooms, den, two 3-pc bathrooms with stand-up showers, kitchen on the main floor and a wet bar in the basement; two laundries. Second floor: self-contained 1-bedroom suite with kitchen, 3-pc ensuite, laundry, heated floors, and walk-out balcony (currently leased as a private upper apartment; tenant pays $3000 a month and is willing to stay or move out depending on buyer's preference). Forced-air gas heat, central air, hot water tank owned. Buyer to assume the second-floor tenancy ($3,000/month including utilities; confirm current lease). Not a registered duplex. Live on one level and keep income on another, or use the home for extended family. Nearby: Leslieville shops and cafes, Gerrard/Ashdale Library, Greenwood Park, Monarch Park, 506 Carlton streetcar, Coxwell and Greenwood stations, short walk to Queen St E shops and restaurants. Ashbridge's Bay and the boardwalk are a short ride south.

Key facts

Property type
Detached, 2-Storey
MLS®
E13811266
Bedrooms
2
Bathrooms
3
Size
1500-2000 sq ft
Lot
25 × 121.92 ft
Cross streets
Gerrard St E & Coxwell Ave
Parking
1 parking
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Flat, Asphalt Rolled
Sewer
Sewer
Property tax
$8,617 / 2026
Days on market
27
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

KitchenMain4.88 × 5.18 m

hardwood floor · stainless steel appl · modern kitchen

KitchenSecond5.12 × 4.72 m

quartz counter · heated floor · stainless steel appl

DenMain3.93 × 3.35 m

hardwood floor · overlooks backyard

LaundryBasement2.44 × 3.05 m

Tile Floor

BathroomBasement2.27 × 1.42 m

Tile Floor

BathroomMain2.27 × 1.42 m

Tile Floor

BedroomMain3.28 × 3.05 m

double closet · tile floor · 3 pc ensuite

Living RoomSecond5.04 × 4.98 m

tile floor · large window · overlooks backyard

BedroomBasement4.58 × 5.18 m

tile floor · large closet

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

On schools, this address is zoned for Equinox Holistic Alternative School, 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.

What sellers nearby are askingCurrently listed nearby in Greenwood-Coxwell · asking prices
$1.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $861/sqft; this home lists at $1,136/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.99MThis home1.70M1.90M980k699kThis home vs active comparables

Neighbourhood & location

Greenwood-Coxwell, 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
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Bendale
$900K
Willowdale East
$2.29M

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 Equinox Holistic Alternative School
83%
Equinox Holistic Alternative SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 83% meet the provincial standard
School of Life ExperienceEQAO results not published
Also nearby: 12 more schools within 2.5 km
Roden Public School · Public elementary0.3 km · 65% at standard
Duke of Connaught Junior and Senior Public School · Public elementary0.6 km · 71% at standard
Bowmore Road Junior and Senior Public School · Public elementary0.8 km · 64% at standard
Monarch Park Collegiate Institute · Public secondary0.9 km · 79% at standard
St Patrick Catholic Secondary School · Catholic secondary1.0 km · 76% at standard
Leslieville Junior Public School · Public elementary1.0 km · 62% at standard
Earl Haig Public School · Public elementary1.1 km · 62% at standard
Riverdale Collegiate Institute · Public secondary1.1 km · 86% at standard
Greenwood Secondary School · Public secondary1.3 km · 17% at standard
Norway Junior Public School · Public elementary1.3 km · 85% at standard
Blake Street Junior Public School · Public elementary1.4 km · 75% at standard
East Alternative School of Toronto · Public elementary1.4 km

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

Affordability & Mortgage

Affordability
$9,061/mo
$370KIncome needed
5.4×Price ÷ income
$2,091Weekly cost
$72,470Land 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 $9,061Property tax $718Total carry $9,779

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,794per month

Mortgage amount $1,590,400 · 4.49% over 25 years

$397,600Down payment (20.0%)
$1,590,400Loan before insurance
$0CMHC premium
$9,512Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,794
Property tax
$718
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,512

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

One-time closing costs

Ontario land transfer tax
$36,235
Toronto municipal land transfer tax
$36,235
Estimated closing costs
$72,470

Plus your down payment of $397,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,643/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

$1,047,678Total interest paid
$2,638,078Total of all payments
Principal $1,590,400 Interest $1,047,678
YearPrincipalInterestBalance
1$35,491$70,032$1,554,909
2$37,102$68,421$1,517,807
3$38,787$66,736$1,479,020
4$40,548$64,975$1,438,472
5$42,389$63,134$1,396,082
6$44,314$61,209$1,351,769
7$46,326$59,197$1,305,443
8$48,429$57,094$1,257,014
9$50,628$54,895$1,206,386
10$52,927$52,596$1,153,459
11$55,330$50,193$1,098,129
12$57,842$47,681$1,040,287
13$60,468$45,055$979,819
14$63,214$42,309$916,605
15$66,084$39,439$850,521
16$69,084$36,439$781,437
17$72,221$33,302$709,216
18$75,500$30,023$633,715
19$78,928$26,595$554,787
20$82,512$23,011$472,275
21$86,258$19,265$386,017
22$90,175$15,348$295,842
23$94,269$11,254$201,573
24$98,549$6,974$103,024
25$103,024$2,499$0

At the end of your 5-year term

Total paid over the term
$527,616
Principal paid down
$194,318
Interest paid
$333,298
Balance remaining
$1,396,082

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$3,150/mo
$37,800Gross annual rent
1.2%Cap rate after taxes and upkeep

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 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.

1.9%
Gross yield
− Property tax $8,617− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,625

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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