243 Coleridge Avenue, Toronto, ON

Woodbine-Lumsden, Toronto · MLS® E13826990

$990,000
For Sale
Listed 10 days agoNo offer date stated

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3+2Bedrooms
3Bathrooms
1Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 243 Coleridge Ave, a spacious detached 4-level backsplit offering exceptional flexibility and income potential in East York's sought-after Woodbine-Lumsden...
  • The property also presents an exciting opportunity to renovate, reconfigure or build new to suit your future vision.
  • Conveniently located near TTC, Woodbine Subway Station, the Danforth, schools, parks, shops, restaurants and everyday amenities-an appealing opportunity for end...

Welcome to 243 Coleridge Ave, a spacious detached 4-level backsplit offering exceptional flexibility and income potential in East York's sought-after Woodbine-Lumsden community. The functional multi-level layout features bright living and dining areas, a well-appointed kitchen with granite countertops and skylight, and a family room with a fireplace and walkout to the patio. Separate entrances provide privacy between the upper and lower living areas, creating excellent flexibility for extended family, multigenerational living, or separately rented accommodations with strong income-generating potential. The property also presents an exciting opportunity to renovate, reconfigure or build new to suit your future vision. Conveniently located near TTC, Woodbine Subway Station, the Danforth, schools, parks, shops, restaurants and everyday amenities-an appealing opportunity for end users, investors and builders alike. Buyers to verify the intended use, retrofit status and development possibilities.

Key facts

Property type
Detached, Backsplit 4
MLS®
E13826990
Bedrooms
3+2 (5 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
25 × 95 ft
Cross streets
Woodbine & Danforth
Parking
1 parking
Driveway
Front Yard Parking, Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,555 / 2026
Days on market
10
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain3.78 × 2.48 m

granite counters · backsplash

Primary BedroomMain3.70 × 2.80 m

laminate · 4 pc bath

Bedroom 2Upper4.14 × 2.48 m

Laminate

Bedroom 3Upper4.14 × 2.37 m

Laminate

Living RoomMain3.35 × 2.87 m

hardwood floor · pot lights

Dining RoomMain3.79 × 3.49 m

hardwood floor · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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

Neighbourhood & location

Woodbine-Lumsden, 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.

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 Parkside Elementary School
75%
Parkside Elementary SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 75% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
D A Morrison Middle School · Public elementary0.3 km · 79% at standard
St Brigid Catholic School · Catholic elementary0.7 km · 76% at standard
Gledhill Junior Public School · Public elementary0.8 km · 76% at standard
East York Alternative Secondary School · Public secondary0.9 km
Earl Beatty Junior and Senior Public School · Public elementary1.0 km · 87% at standard
East York Collegiate Institute · Public secondary1.0 km · 64% at standard
R H McGregor Elementary School · Public elementary1.1 km · 68% at standard
Secord Elementary School · Public elementary1.1 km · 61% at standard
Cosburn Middle School · Public elementary1.3 km · 68% at standard
Diefenbaker Elementary School · Public elementary1.3 km · 68% at standard
Presteign Heights Elementary School · Public elementary1.4 km · 91% at standard
St Nicholas Catholic School · Catholic elementary1.4 km · 61% at standard

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

Affordability & Mortgage

Affordability
$4,512/mo
$190KIncome needed
5.2×Price ÷ income
$1,041Weekly cost
$32,550Land 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.

91%mortgage
Mortgage $4,512Property tax $463Total carry $4,975

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)
$4,379per month

Mortgage amount $792,000 · 4.49% over 25 years

$198,000Down payment (20.0%)
$792,000Loan before insurance
$0CMHC premium
$4,842Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,379
Property tax
$463
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,842

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

One-time closing costs

Ontario land transfer tax
$16,275
Toronto municipal land transfer tax
$16,275
Estimated closing costs
$32,550

Plus your down payment of $198,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,300/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

$521,731Total interest paid
$1,313,731Total of all payments
Principal $792,000 Interest $521,731
YearPrincipalInterestBalance
1$17,674$34,875$774,326
2$18,477$34,073$755,849
3$19,315$33,234$736,534
4$20,192$32,357$716,341
5$21,109$31,440$695,232
6$22,068$30,482$673,165
7$23,070$29,480$650,095
8$24,117$28,432$625,978
9$25,212$27,337$600,766
10$26,357$26,192$574,409
11$27,554$24,996$546,855
12$28,805$23,745$518,050
13$30,112$22,437$487,938
14$31,480$21,070$456,458
15$32,909$19,640$423,549
16$34,403$18,146$389,146
17$35,965$16,584$353,181
18$37,598$14,951$315,583
19$39,305$13,244$276,277
20$41,090$11,459$235,187
21$42,956$9,594$192,232
22$44,906$7,643$147,326
23$46,945$5,604$100,381
24$49,076$3,473$51,305
25$51,305$1,245$0

At the end of your 5-year term

Total paid over the term
$262,746
Principal paid down
$96,768
Interest paid
$165,978
Balance remaining
$695,232

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
1.8%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.

2.8%
Gross yield
− Property tax $5,555− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,609

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

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