71 Lyall Avenue, Toronto, ON

East End-Danforth, Toronto · MLS® E13868836

$1,545,000
For Sale
Listed 13 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Parking
1500-2000Sq ft

About this home

In short

  • A sought-after street in the Beaches, a beautifully treed lot and room to make it your own.
  • Set on a deep 28' x 149' lot, this three-story semi-detached home offers three spacious bedrooms, two kitchens and three bathrooms, with potential to convert back to...
  • A clean, dry, unfinished basement offers abundant storage for seasonal items, sporting equipment and everyday extras.

Listing alert! A sought-after street in the Beaches, a beautifully treed lot and room to make it your own! Welcome to 71 Lyall Avenue, where generous living spaces, inviting outdoor retreats and a versatile layout come together. Set on a deep 28' x 149' lot, this three-story semi-detached home offers three spacious bedrooms, two kitchens and three bathrooms, with potential to convert back to a legal duplex, subject to applicable approvals. Gas fireplaces on the main and second floors create warm, welcoming settings for quiet evenings and gatherings with family and friends. The home's impressively large bedrooms offer space to unwind, with generous proportions that are a welcome find in an older home. Two kitchens add flexibility to the layout, with the second-floor kitchen opening directly to a large deck and BBQ area. From preparing a meal to dining outdoors, this connection makes summer entertaining easy. The primary bedroom occupies a large third-floor loft, creating an expansive retreat with a three-piece ensuite and a charming old-fashioned electric fireplace. Step outside to the third-floor breakfast deck for morning coffee among the treetops or a quiet moment at the end of the day. Outdoors, the fully fenced backyard is framed by large trees and mature landscaping, creating a lush escape with room to garden, play, host friends or simply relax. The exceptional lot depth offers an outdoor setting to enjoy throughout the seasons, while decks on both upper levels provide additional places to dine and unwind. A clean, dry, unfinished basement offers abundant storage for seasonal items, sporting equipment and everyday extras. Enjoy the home's space and flexibility as it stands, personalize it to suit your lifestyle, or explore its future duplex possibilities. With three story's of living space, two kitchens, three fireplaces and outstanding outdoor areas, this is a distinctive opportunity to put down roots on a coveted Beaches street.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
E13868836
Bedrooms
3
Bathrooms
3
Size
1500-2000 sq ft
Lot
28.04 × 149.92 ft
Cross streets
Malvern Ave & Lyall Ave
Parking
2 parking
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick, Cedar
Foundation
Block, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,609 / 2026
Days on market
13
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Bedroom 2Ground4.20 × 2.90 m

Broadloom

Living RoomSecond3.74 × 3.70 m

gas fireplace · bay window

Bedroom 3Second3.59 × 2.87 m

hardwood floor · overlooks backyard

Living RoomGround3.75 × 3.71 m

gas fireplace · hardwood floor · large window

KitchenGround3.67 × 2.95 m

hardwood floor · bay window

Primary BedroomThird5.95 × 5.29 m

3 pc ensuite · electric fireplace · w/o to deck

Utility RoomBasement9.20 × 6.00 m

Unfinished

KitchenSecond3.61 × 2.96 m

hardwood floor · w/o to deck

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Malvern Collegiate Institute, 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.

Neighbourhood & location

East End-Danforth, 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.

The Beaches
$1.48M
Woodbine Corridor
$999K
Danforth
$999K
Greenwood-Coxwell
$969K
South Riverdale
$1.22M

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 Malvern Collegiate Institute
87%
Malvern Collegiate InstitutePublic · Secondary · 0.2 km awayHigher-rated than most nearby · 87% meet the provincial standard
Beaches Alternative Junior SchoolEQAO results not published
Glen Ames Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Notre Dame Catholic High School · Catholic secondary0.1 km · 82% at standard
Kimberley Junior Public School · Public elementary0.5 km · 82% at standard
Adam Beck Junior Public School · Public elementary0.5 km · 73% at standard
Balmy Beach Community School · Public elementary0.6 km · 88% at standard
Williamson Road Junior Public School · Public elementary0.8 km · 78% at standard
Neil McNeil High School · Catholic secondary0.9 km · 76% at standard
Blantyre Public School · Public elementary0.9 km · 71% at standard
St Denis Catholic School · Catholic elementary1.0 km · 90% at standard
William J McCordic School · Public elementary1.1 km
Norway Junior Public School · Public elementary1.1 km · 85% at standard
St Nicholas Catholic School · Catholic elementary1.2 km · 61% at standard
Courcelette Public School · Public elementary1.2 km · 77% at standard

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

Affordability & Mortgage

Affordability
$7,042/mo
$285KIncome needed
5.4×Price ÷ income
$1,625Weekly cost
$54,750Land 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.

94%mortgage
Mortgage $7,042Property tax $467Total carry $7,509

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)
$6,834per month

Mortgage amount $1,236,000 · 4.49% over 25 years

$309,000Down payment (20.0%)
$1,236,000Loan before insurance
$0CMHC premium
$7,301Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,834
Property tax
$467
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,301

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

One-time closing costs

Ontario land transfer tax
$27,375
Toronto municipal land transfer tax
$27,375
Estimated closing costs
$54,750

Plus your down payment of $309,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,272/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

$814,217Total interest paid
$2,050,217Total of all payments
Principal $1,236,000 Interest $814,217
YearPrincipalInterestBalance
1$27,582$54,426$1,208,418
2$28,835$53,174$1,179,583
3$30,144$51,865$1,149,439
4$31,512$50,496$1,117,927
5$32,943$49,065$1,084,984
6$34,439$47,570$1,050,545
7$36,003$46,006$1,014,542
8$37,637$44,371$976,905
9$39,346$42,662$937,558
10$41,133$40,876$896,426
11$43,000$39,008$853,425
12$44,953$37,056$808,473
13$46,994$35,015$761,479
14$49,127$32,881$712,352
15$51,358$30,651$660,994
16$53,690$28,319$607,304
17$56,128$25,881$551,176
18$58,676$23,333$492,500
19$61,340$20,669$431,160
20$64,125$17,883$367,035
21$67,037$14,972$299,998
22$70,080$11,928$229,918
23$73,262$8,746$156,655
24$76,589$5,420$80,066
25$80,066$1,942$0

At the end of your 5-year term

Total paid over the term
$410,043
Principal paid down
$151,016
Interest paid
$259,027
Balance remaining
$1,084,984

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$3,150/mo
$37,800Gross annual rent
1.7%Cap rate after taxes and upkeep

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.

2.4%
Gross yield
− Property tax $5,609− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,633

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.

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