251 Ashdale Avenue, Toronto, ON

Greenwood-Coxwell, Toronto · MLS® E13838564

$950,000
For Sale
Just listed todayNo offer date stated
3Bedrooms
2Bathrooms
0Parking
700-1100Sq ft

About this home

In short

  • A BIG LOT, A BIG FRONT PORCH, A BIG BACK DECK - AND BIG POTENTIAL IN THE HEART OF THE EAST END.
  • The partially finished basement provides valuable additional space for a family room, home office, gym, playroom or plenty of storage.
  • You're surrounded by the best of East Toronto living, with Gerrard St Bazaar & Queen Street East's restaurants, cafés, independent shops and boutiques close by...
  • 251 Ashdale Avenue is a home with history, space and opportunity.

A BIG LOT, A BIG FRONT PORCH, A BIG BACK DECK - AND BIG POTENTIAL IN THE HEART OF THE EAST END! Welcome to 251 Ashdale Avenue, a much-loved 3-bedroom, 2-bathroom home that has been cherished by the same family for decades. Set on a generously sized lot, this is a wonderful opportunity to get into one of Toronto's most sought-after neighbourhoods and create a home that truly reflects your own style. The welcoming front porch immediately adds to the home's charm and provides the perfect spot to enjoy your morning coffee, catch up with neighbours or relax at the end of the day. Inside, the home offers a practical layout with comfortable principal rooms, three good-sized bedrooms and an eat-in kitchen with plenty of room for family meals and everyday living. The partially finished basement provides valuable additional space for a family room, home office, gym, playroom or plenty of storage. Walk out to the large rear deck and expansive yard, offering lots of room for summer BBQs, entertaining, gardening, kids and pets or simply enjoying your own private outdoor space. And the location is hard to beat. You're surrounded by the best of East Toronto living, with Gerrard St Bazaar & Queen Street East's restaurants, cafés, independent shops and boutiques close by, Greenwood Park with its outdoor pool, sports fields, skating and other year-round recreation. The nearby waterfront, Beaches, Ashbridge's Bay and Martin Goodman Trail provide even more opportunities to get outside and enjoy the city. Public transit is convenient, with streetcar and bus routes connecting you throughout the east end and downtown. 251 Ashdale Avenue is a home with history, space and opportunity. Bring your ideas, add your personal touch and make this well-loved East End home your own.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13838564
Bedrooms
3
Bathrooms
2 (1 half)
Size
700-1100 sq ft
Lot
16.75 × 122 ft
Cross streets
Coxwell & Gerrard
Parking
0 parking
Driveway
None
Basement
Full, Partially Finished
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Brick
Foundation
Brick
Roof
Flat, Shingles
Sewer
Sewer
Property tax
$5,156 / 2026
Listing brokerage
THE WEIR TEAM, BROKERAGE INC.

Rooms

Bedroom 2Second3.53 × 2.81 m

hardwood floor · closet · window

Bedroom 3Second3.17 × 2.90 m

window · overlooks backyard

Dining RoomMain3.71 × 2.75 m

hardwood floor · window

RecreationBasement4.19 × 3.10 m

2 pc bath · window

OtherBasement2.89 × 2.76 m

window · closet

FoyerMain3.61 × 1.07 m
Living RoomMain3.55 × 3.21 m

hardwood floor · large window

KitchenMain4.09 × 3.15 m

eat-in kitchen · w/o to deck

Primary BedroomSecond4.41 × 3.40 m

hardwood floor · closet · large window

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$984Klikely sale price

Listed at $950,000. Going by how homes in Greenwood-Coxwell and the wider GTA have actually closed against their asking prices (about 104%, 22 local closings in 90 days), the likely sale price is near $984K, if it sells. A realistic range is $922K to $1.11M.

Independent value check: $969K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $908K and $1.02M).

Why $969K. The typical semi-detached home sold in Greenwood-Coxwell over the past year went for about $1.09M (80 sales). What sets this one apart:

  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,156 a year; the typical home sold here pays about $5,000.
  • ▼ Lowers it slightlyIts lot is 17 by 122 ft; the typical lot sold here is 17 by 100.
List price
$922KBelow recent closings$1.11MAbove recent closings

Total price vs nearby homes. Likely closing about $984K, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.07Mmedian sold price
110%of asking, on average
−2%prices vs a year ago
~9 dayshomes like this take to sell
$3,328/moest. rent · 5 leases
4.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 7 semi-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 $1,056/sqft against an area asking average of $1,042/sqft.

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 $1.03M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

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.

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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 11 homes sold on this street over the past two years, from 162 closings in Greenwood-Coxwell.

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 Corridor
$988K
South Riverdale
$1.29M
North Riverdale
$1.30M
East End-Danforth
$1.19M
Palmerston-Little Italy
$1.96M

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 secondary0.9 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
$4,330/mo
$182KIncome needed
5.2×Price ÷ income
$999Weekly cost
$30,950Land 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 $4,330Property tax $430Total carry $4,759

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 September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,202per month

Mortgage amount $760,000 · 4.49% over 25 years

$190,000Down payment (20.0%)
$760,000Loan before insurance
$0CMHC premium
$4,632Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,202
Property tax
$430
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,632

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

One-time closing costs

Ontario land transfer tax
$15,475
Toronto municipal land transfer tax
$15,475
Estimated closing costs
$30,950

Plus your down payment of $190,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,086/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

$500,651Total interest paid
$1,260,651Total of all payments
Principal $760,000 Interest $500,651
YearPrincipalInterestBalance
1$16,960$33,466$743,040
2$17,730$32,696$725,310
3$18,535$31,891$706,775
4$19,377$31,049$687,398
5$20,256$30,170$667,142
6$21,176$29,250$645,966
7$22,138$28,288$623,828
8$23,143$27,283$600,686
9$24,193$26,233$576,492
10$25,292$25,134$551,200
11$26,440$23,986$524,760
12$27,641$22,785$497,119
13$28,896$21,530$468,223
14$30,208$20,218$438,016
15$31,579$18,847$406,436
16$33,013$17,413$373,423
17$34,512$15,914$338,911
18$36,079$14,347$302,832
19$37,717$12,709$265,115
20$39,430$10,996$225,685
21$41,220$9,206$184,465
22$43,092$7,334$141,373
23$45,048$5,378$96,325
24$47,093$3,333$49,232
25$49,232$1,194$0

At the end of your 5-year term

Total paid over the term
$252,130
Principal paid down
$92,858
Interest paid
$159,272
Balance remaining
$667,142

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 5 whole-home leases in Greenwood-Coxwell$3,328/mo
$39,936Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,875 to $3,727Typical rent range
~13 daysTo find a tenant, on average

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 5 whole-home leases in Greenwood-Coxwell signed at a median of $3,921 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,328. 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.

4.2%
Gross yield
− Property tax $5,156− Insurance $1,400− Vacancy & upkeep $4,393Net operating income $28,987

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE WEIR TEAM, BROKERAGE INC.. MLS®/PropTx.

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