540B Pharmacy Avenue, Toronto, ON
Clairlea-Birchmount, Toronto · MLS® E13876736
About this home
In short
- Welcome home to 540B Pharmacy Avenue, a contemporary detached home in Clairlea where striking architecture meets thoughtful everyday living.
- This 4+2 level bed, 5 bath home offers over 2600sf of above grade living area providing ample living space for a growing family, while a finished legal basement with...
- The main living and dining spaces offer an inviting setting for entertaining, with 10' ceilings, pot lights and custom shutters.
- Upstairs, skylights brighten the hallway, while the primary retreat offers a walk-in closet, private rear balcony and a spa-inspired four-piece ensuite with a...
- Three additional good size bedrooms, two additional bathrooms including a Jack and Jill, a second balcony and convenient upper-level laundry complete the 2nd floor...
Welcome home to 540B Pharmacy Avenue, a contemporary detached home in Clairlea where striking architecture meets thoughtful everyday living.This 4+2 level bed, 5 bath home offers over 2600sf of above grade living area providing ample living space for a growing family, while a finished legal basement with its own entrance, kitchen and laundry adds flexibility for rental income. An interlocking driveway, built-in garage and glass-railed balcony create an impressive arrival, while warm wood flooring, expansive windows and an open-riser staircase with glass railings bring a light, modern feel indoors. The main living and dining spaces offer an inviting setting for entertaining, with 10' ceilings, pot lights and custom shutters. At the heart of the home, a beautifully appointed kitchen features sleek white cabinetry, an oversized waterfall island, pendant lighting and premium Samsung appliances. Sliding doors open to a generous rear deck with stairs to the backyard, making outdoor dining and summer gatherings a natural extension of the kitchen. Upstairs, skylights brighten the hallway, while the primary retreat offers a walk-in closet, private rear balcony and a spa-inspired four-piece ensuite with a freestanding tub and separate glass shower. Three additional good size bedrooms, two additional bathrooms including a Jack and Jill, a second balcony and convenient upper-level laundry complete the 2nd floor The finished Legal basement with separate entrance adds valuable flexibility. A second kitchen, three-piece bathroom, its own laundry and two additional bedrooms making this space perfect for extended family or as great rental income (Currently rented at $1950/month). With schools, parks and shopping nearby, plus TTC service along Pharmacy Avenue connecting to Victoria Park Station, this home brings together contemporary style, outdoor space and everyday convenience.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13876736
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 25 × 102.69 ft
- Cross streets
- Victoria Park Ave / St. Clair Ave E
- Parking
- 1 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Separate Entrance, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,621 / 2026
- Days on market
- 11
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
closet · pot lights · above grade window
hardwood floor · open concept · pot lights
Separate Room
pot lights · carpet free · above grade window
hardwood floor · open concept · pot lights
porcelain floor · double closet · 2 pc bath
laminate · led lighting · w/o to yard
centre island · quartz counter · breakfast area
4 pc ensuite · walk-in closet(s) · w/o to balcony
Porcelain Floor
quartz counter · pot lights · above grade window
quartz counter · stainless steel appl · open concept
Double Closet
above grade window · large closet · laminate
above grade window · open concept · led lighting
b/i shelves · pot lights · above grade window
3 pc bath · closet · pot lights
3 pc bath · quartz counter
combined w/kitchen · hardwood floor · w/o to deck
semi ensuite · b/i closet · large window
semi ensuite · b/i closet · large window
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 readThe assigned public school is SATEC @ W A Porter Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $635/sqft; this home lists at $545/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Clairlea-Birchmount, 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
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 $1,199,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,631
- Property tax
- $552
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,182
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Toronto municipal land transfer tax
- $26,455
- Estimated closing costs
- $52,910
Plus your down payment of $299,800. 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
- $397,835
- Principal paid down
- $146,520
- Interest paid
- $251,315
- Balance remaining
- $1,052,680
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.