257 Chisholm Avenue, Toronto, ON
Woodbine-Lumsden, Toronto · MLS® E13846992
About this home
In short
- Welcome to this architecturally inspired modern detached home with a legal basement suite, offering over 3,200 sq.ft. of luxurious living space (incl. bsmt) in one of...
- Thoughtfully designed with spacious open areas, soaring ceilings & abundant natural light, creating a seamless flow throughout.
- The open-concept main floor features wide-plank engineered hardwood, pot lighting, roughed-in surround sound & a smart home system with 3 cameras and video doorbell.
- The legal basement suite offers high ceilings, large windows, a modern kitchen with s/s appliances & breakfast bar, separate entrance, in-suite laundry & dedicated...
- Outside, enjoy a private backyard with deck, BBQ hookup & shed, plus potential for a future garden suite (City services in place).
Welcome to this architecturally inspired modern detached home with a legal basement suite, offering over 3,200 sq.ft. of luxurious living space (incl. bsmt) in one of East York's desirable neighbourhoods! Set on a generous lot with private parking, this 3+1 bed, 4 bath home blends contemporary design with everyday functionality. Thoughtfully designed with spacious open areas, soaring ceilings & abundant natural light, creating a seamless flow throughout.The open-concept main floor features wide-plank engineered hardwood, pot lighting, roughed-in surround sound & a smart home system with 3 cameras and video doorbell. The dining area flows into a chef's kitchen with s/s appliances, 6-burner gas stovetop with pot filler, waterfall quartz island, custom countertops & sleek cabinetry-perfect for entertaining. The family room offers a gas fireplace feature wall, large windows & walk-out to the backyard deck, while the living room is enhanced by a designed staircase with striking custom wall paneling.The oak staircase with glass railing is accented by a floor-to-ceiling feature wall & skylights, flooding the home with natural light. Upstairs, additional skylights create an airy, sun-filled atmosphere. The serene primary suite features custom closets, acoustic wood paneling, skylight w/ roof access & a spa-inspired 5-pc ensuite with soaker tub & double vanity. A stylish 2nd bath & laundry complete this level.The legal basement suite offers high ceilings, large windows, a modern kitchen with s/s appliances & breakfast bar, separate entrance, in-suite laundry & dedicated hydro meter-ideal for rental income or extended family. Outside, enjoy a private backyard with deck, BBQ hookup & shed, plus potential for a future garden suite (City services in place). Conveniently located near parks, schools, shops, TTC/GO, DVP & downtown.An exceptional East York gem showcasing spacious interiors, thoughtful design, luxury, functionality & timeless style-ready to be yours!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13846992
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 26 × 122.5 ft
- Cross streets
- Danforth Ave & Main St
- Parking
- 1 parking
- Driveway
- Front Yard Parking
- Basement
- Finished, Separate Entrance, Walk-Up, Apartment, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Metal/Steel Siding
- Foundation
- Poured Concrete, Slab, Concrete Block
- Roof
- Asphalt Rolled, Flat, Membrane
- Sewer
- Sewer
- Property tax
- $8,302 / 2026
- Days on market
- 18
- Listing brokerage
- ANCHOR NEW HOMES INC.
Rooms
gas fireplace · sliding doors · large window
stainless steel appl · breakfast bar · ceramic backsplash
3 pc bath · skylight · b/i vanity
b/i closet · large window · hardwood floor
2 pc bath · ceramic backsplash · pot lights
casement windows · pot lights · laminate
window · walk through · pot lights
skylight · b/i vanity · 5 pc ensuite
5 pc ensuite · skylight · b/i closet
3 pc bath · window · pot lights
window · hardwood floor · west view
pot lights · walk through · laminate
stainless steel appl · centre island · breakfast bar
above grade window · pot lights · laminate
hardwood floor · large window · pot lights
Listed at $1,689,999. Going by how homes in Woodbine-Lumsden and the wider GTA have actually closed against their asking prices (about 99%, 15 local closings in 90 days), the likely sale price is near $1.68M, if it sells. A realistic range is $1.57M to $1.89M.
Independent value check: $1.72M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.61M and $1.80M).
Why $1.72M. The typical detached home sold in Woodbine-Lumsden over the past year went for about $1.05M (66 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,302 a year; the typical home sold here pays about $4,800.
- ▲ Raises it stronglyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises it3+1 bedrooms and 4 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Likely closing about $1.68M, from 15 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 8 detached homes for sale in the area against 15 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $751/sqft against an area asking average of $887/sqft.
- Separate-entrance basement apartment features. A finished 1 bed 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 Woodbine-Lumsden: 21 of the 72 detached leases here lately were basement units, around $1,600 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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.27M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Woodbine-Lumsden, so I widened the search to the surrounding area.
Based on 15 comparable homes that sold in Woodbine-Lumsden over the past two years, from 146 closings there.
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 $1.72M, which is where my estimate comes from.
Per square foot, these ask about $656/sqft; this home lists at $751/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Woodbine-Lumsden, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,351,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,475
- Property tax
- $692
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,167
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,275
- Toronto municipal land transfer tax
- $30,275
- Estimated closing costs
- $60,550
Plus your down payment of $338,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $448,526
- Principal paid down
- $165,189
- Interest paid
- $283,337
- Balance remaining
- $1,186,810
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.
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
The suite is real income here: basements rent in Woodbine-Lumsden (21 of 72 recent detached leases were basement units, around $1,600 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,600 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 numbersThe last 7 whole-home leases in Woodbine-Lumsden signed at a median of $4,767 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,341. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ANCHOR NEW HOMES INC.. MLS®/PropTx.