149 Sylvan Avenue, Toronto, ON
Scarborough Village, Toronto · MLS® E13860060
About this home
In short
- A once-in-a-lifetime opportunity to own the 1.48 acres of prime Lake Ontario waterfront.
- With over $1 million in whole house interior upgrades including pool and equipments, this 5+1 bedroom, 5-bathroom residence is built for luxury living and...
- The resort-style indoor pool is the heart of the home: oversized and heated, with a motorized safety cover, cleaning robot, underwater lighting, 4 skylights, and a...
- The chef's kitchen features top-brand appliances and a built-in water purifier.
- The primary suite is a private retreat with a sitting area and wet bar, while the dining room frames 180 degrees views of the garden and lake.
A once-in-a-lifetime opportunity to own the 1.48 acres of prime Lake Ontario waterfront! Welcome to 149 Sylvan Ave --- a rare 124 x 652 ft estate lot backing directly onto Lake Ontario, in one of Scarborough's most coveted waterfront enclaves. This property offers privacy, resort-like you simply cant't find anymore. With over $1 million in whole house interior upgrades including pool and equipments, this 5+1 bedroom, 5-bathroom residence is built for luxury living and unforgettable entertaining.The resort-style indoor pool is the heart of the home: oversized and heated, with a motorized safety cover, cleaning robot, underwater lighting, 4 skylights, and a private shower. Stay active in the gym, unwind in the home theatre, or host game nights in the games room.Inside, smooth ceilings with pot lights run throughout. The chef's kitchen features top-brand appliances and a built-in water purifier. Two skylights and two fireplaces add warmth and natural light. The primary suite is a private retreat with a sitting area and wet bar, while the dining room frames 180 degrees views of the garden and lake. Lower level office connects to a second wet bar for easy entertaining. A 3-car garage and two owned hot water tanks. The rain-escape deck in backyard with three-sided motorized screens lets you enjoy the outdoors in any weather - and don't be surprised if deers wander by to say hello. Waterfront estate of this scale rarely come to the market. Book your showing today! Click "Virtual Tour" for more photos!
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- E13860060
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 123.83 × 652 ft
- Cross streets
- Sylvan/Lake Ontario
- Parking
- 3 garage · 13 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Indoor
- Property tax
- $20,004 / 2026
- Days on market
- 16
- Listing brokerage
- AIMHOME REALTY INC.
Rooms
hardwood floor · large closet · 2 pc ensuite
hardwood floor · centre island · skylight
broadloom · large window
hardwood floor · electric fireplace · bay window
hardwood floor · closet · large window
hardwood floor · electric fireplace · 5 pc ensuite
broadloom · large window
W/O To Garden
Broadloom
broadloom · large window
broadloom · electric fireplace
hardwood floor · 5 pc ensuite
hardwood floor · wet bar · w/o to terrace
hardwood floor · large closet · 2 pc ensuite
hardwood floor · overlook water · large window
Hardwood Floor
This is a rare parcel: about 1.85 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.
Considering this property? Request a written price readOn schools, this address is zoned for Elizabeth Simcoe Junior Public 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.
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 $3.28M, which is where my estimate comes from.
Per square foot, these ask about $751/sqft; this home lists at $1,009/sqft. Size is part of the price story, not just the sticker.
The 3 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 | 777 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 677 |
Neighbourhood & location
Scarborough Village, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $3,430,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $18,967
- Property tax
- $1,667
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $20,634
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $93,675
- Toronto municipal land transfer tax
- $109,435
- Estimated closing costs
- $203,110
Plus your down payment of $857,600. 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
- $1,138,036
- Principal paid down
- $419,132
- Interest paid
- $718,905
- Balance remaining
- $3,011,268
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 Scarborough Village (8 of 28 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 numbersThe last 10 whole-home leases in Scarborough Village signed at a median of $3,547 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,029. 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 AIMHOME REALTY INC.. MLS®/PropTx.