34 Hastings Avenue, Toronto, ON

Blake-Jones, Toronto · MLS® E13851482

$2,925,000
For Sale
Listed 18 days agoNo offer date stated
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4+1Bedrooms
6Bathrooms
3Parking
2000-2500Sq ft

About this home

In short

  • A sophisticated, highly considered family home where architecture, smart-home technology and quality finishes come together with rare cohesion.
  • The great room rises to a dramatic 12-foot ceiling and opens through a broad wall of glass to a private, fully fenced garden and large patio.
  • The lower level offers outstanding flexibility, with hydronic heated floors, a discreet separate entrance and the ability to function as a self-contained 1-bedroom...
  • An elevator shaft is already incorporated and wired for future use, and approved drawings for an approximately 1,200 sq. ft. laneway house offer further potential.
  • Set on a quiet Leslieville street with parking for 3 cars, close to parks, shops, restaurants, cafés, breweries and transit, this is a rare urban home offering style...

A sophisticated, highly considered family home where architecture, smart-home technology and quality finishes come together with rare cohesion. Designed around modern family life, the generous principal spaces are open yet distinct, creating an easy sense of togetherness without sacrificing privacy or flexibility. A striking reception with heated tile, wood ceiling and custom detailing leads to the heart of the house: a sleek Scavolini kitchen with Gaggenau appliances, rich oak floors and expansive living and dining areas filled with western light. The great room rises to a dramatic 12-foot ceiling and opens through a broad wall of glass to a private, fully fenced garden and large patio. Upstairs, bright bedrooms, warm oak flooring, heated tiled surfaces, three full baths and laundry are arranged over two levels. The exceptional primary suite is a true retreat, with a private morning terrace, computer alcove, oak-faced dressing room and spa-like bath with freestanding tub, rain shower and heated floor. The lower level offers outstanding flexibility, with hydronic heated floors, a discreet separate entrance and the ability to function as a self-contained 1-bedroom suite for extended family, grown children or tenants, with a rough-in for a kitchen. Control4 automation allows lighting, audio and customized home "moods" to be managed throughout. An elevator shaft is already incorporated and wired for future use, and approved drawings for an approximately 1,200 sq. ft. laneway house offer further potential. Set on a quiet Leslieville street with parking for 3 cars, close to parks, shops, restaurants, cafés, breweries and transit, this is a rare urban home offering style, comfort, technology and long-term flexibility in one of Toronto's most vibrant neighbourhoods.

Key facts

Property type
Detached, 3-Storey
MLS®
E13851482
Bedrooms
4+1 (5 total)
Bathrooms
6 (2 half)
Size
2000-2500 sq ft
Lot
25 × 128 ft
Cross streets
Queen St. E. & Leslie St.
Parking
3 parking
Driveway
Lane
Basement
Apartment, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$11,756 / 2025
Days on market
18
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

LaundryBasement0.00 × 0.00 m

b/i shelves · led lighting · tile floor

Bedroom 3Second2.95 × 2.77 m

hardwood floor · double closet · led lighting

Family RoomGround5.31 × 4.39 m

hardwood floor · gas fireplace · w/o to garden

OfficeBasement5.44 × 2.82 m

heated floor · double closet · led lighting

Bedroom 2Second3.71 × 3.43 m

hardwood floor · large window · 2 pc ensuite

Game RoomBasement4.98 × 4.22 m

heated floor · 2 pc bath · led lighting

Primary BedroomThird5.26 × 3.61 m

hardwood floor · w/o to terrace · 5 pc bath

Bedroom 4Second3.28 × 2.69 m

hardwood floor · large window · closet

Bedroom 5Basement2.54 × 2.49 m

heated floor · double closet · led lighting

KitchenGround9.02 × 4.01 m

hardwood floor · quartz counter · 2 pc bath

Dining RoomGround9.02 × 4.01 m

hardwood floor · combined w/kitchen · open concept

Living RoomGround2.92 × 2.68 m

hardwood floor · large window · led lighting

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$2.95Mlikely sale price

Listed at $2,925,000. Going by how homes in South Riverdale and the wider GTA have actually closed against their asking prices (about 101%, 7 local closings in 90 days), the likely sale price is near $2.95M, if it sells. A realistic range is $2.77M to $3.33M.

Independent value check: $2.40M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $2.25M and $2.51M).

Why $2.40M. The typical detached home sold in South Riverdale over the past year went for about $1.50M (23 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $11,756 a year; the typical home sold here pays about $6,200.
  • ▲ Raises it strongly4+1 bedrooms and 6 baths, against 3+1 and 2 typically.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightlyIts lot is 25 by 128 ft; the typical lot sold here is 21 by 105.
List price
$2.77MBelow recent closings$3.33MAbove recent closings

Total price vs nearby homes. Likely closing about $2.95M, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$1.56Mmedian sold price
111%of asking, on average
+11%prices vs a year ago
~8 dayshomes like this take to sell
18days on market so far
This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,300/sqft against an area asking average of $994/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in South Riverdale: 17 of the 89 detached leases here lately were basement units, around $1,800 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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.81M. 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
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Bruce Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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

There were not many closely comparable homes right in Blake-Jones, so I widened the search to the surrounding area.

Based on 7 comparable homes that sold in South Riverdale over the past two years, from 90 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.43Mavg asking

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 $2.40M, which is where my estimate comes from.

Per square foot, these ask about $1,089/sqft; this home lists at $1,300/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.92MThis home1.80M1.50M1.63M800kThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Blake-Jones, 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
Wexford-Maryvale
$849K
Cliffcrest
$799K

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 Bruce Public School
68%
Bruce Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 68% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Leslieville Junior Public School · Public elementary0.4 km · 62% at standard
Duke of Connaught Junior and Senior Public School · Public elementary0.6 km · 71% at standard
Riverdale Collegiate Institute · Public secondary0.7 km · 86% at standard
Morse Street Junior Public School · Public elementary1.0 km · 76% at standard
Equinox Holistic Alternative School · Public elementary1.1 km · 83% at standard
Blake Street Junior Public School · Public elementary1.1 km · 75% at standard
East Alternative School of Toronto · Public elementary1.1 km
Roden Public School · Public elementary1.2 km · 65% at standard
Pape Avenue Junior Public School · Public elementary1.2 km · 90% at standard
Eastdale Collegiate Institute · Public secondary1.5 km
Dundas Junior Public School · Public elementary1.6 km · 59% at standard
St Patrick Catholic Secondary School · Catholic secondary1.6 km · 76% at standard

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

Affordability & Mortgage

Affordability
$13,331/mo
$540KIncome needed
5.4×Price ÷ income
$3,076Weekly cost
$119,200Land 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 $13,331Property tax $980Total carry $14,311

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)
$12,938per month

Mortgage amount $2,340,000 · 4.49% over 25 years

$585,000Down payment (20.0%)
$2,340,000Loan before insurance
$0CMHC premium
$13,918Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,938
Property tax
$980
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,918

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

One-time closing costs

Ontario land transfer tax
$59,600
Toronto municipal land transfer tax
$59,600
Estimated closing costs
$119,200

Plus your down payment of $585,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,660/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

$1,541,478Total interest paid
$3,881,478Total of all payments
Principal $2,340,000 Interest $1,541,478
YearPrincipalInterestBalance
1$52,219$103,040$2,287,781
2$54,590$100,669$2,233,191
3$57,068$98,191$2,176,123
4$59,660$95,600$2,116,463
5$62,368$92,891$2,054,095
6$65,200$90,059$1,988,895
7$68,160$87,099$1,920,735
8$71,255$84,004$1,849,480
9$74,490$80,769$1,774,989
10$77,873$77,387$1,697,117
11$81,408$73,851$1,615,708
12$85,105$70,155$1,530,604
13$88,969$66,290$1,441,635
14$93,008$62,251$1,348,627
15$97,231$58,028$1,251,396
16$101,646$53,613$1,149,750
17$106,261$48,998$1,043,489
18$111,086$44,174$932,403
19$116,129$39,130$816,274
20$121,402$33,857$694,872
21$126,914$28,345$567,957
22$132,677$22,582$435,281
23$138,701$16,558$296,580
24$144,998$10,261$151,582
25$151,582$3,677$0

At the end of your 5-year term

Total paid over the term
$776,296
Principal paid down
$285,905
Interest paid
$490,391
Balance remaining
$2,054,095

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$4,200/mo
$50,400Gross annual rent
1.1%Cap rate after taxes and upkeep

The suite is real income here: basements rent in South Riverdale (17 of 89 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 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.

1.7%
Gross yield
− Property tax $11,756− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $31,700

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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