19 Bannon Avenue, Toronto, ON

Kingsway South, Toronto · MLS® W12909946

$3,498,000
For Sale
Listed 116 days ago
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4Bedrooms
4Bathrooms
1Garage · 5 parking
2500-3000Sq Ft

About this home

Exceptional Custom Residence in the "Kingsway". Timeless hand cut natural limestone facade with maintenance free, plaster stucco renewed in 2021. 3950 square feet of tasteful, sleek living area. The grand foyer opens into the living and dining room for executive entertaining. The main floor was totally reimagined in 2015 with a modern sleek eat-in kitchen, new appliances, built in homework desk, adjacent family room with focal fireplace and convenient powder room. Perfect for everyday living and family gatherings. The generous upper landing opens onto four spacious bedrooms - all can accommodate king size beds. Both upper baths feature heated floors. The primary features his and hers walk in closets and a spa style five piece ensuite. The laundry closet was remodeled into 2015. Basement/Lower level is a flexible open concept with above grade windows offering tremendous potential for development: perfect nanny retreat, additional bedroom or oversized recreation and games room. A bar area is roughed in on the southwest wall. Many mechanical features have been improved: UBase driveway, drainage system surrounding the structure, triple back up sump pump (Battery replaced 2024) plus a backwater valve installed in 2015. HRV system replaced 2018, exterior irrigation system and a must have for today's buyer, an circuit for EV charger. The sun filled, southern exposure backyard has been extensively hard landscaped with a gas line for a BBQ creating a private sanctuary for extended living. This family friendly street minutes to the coveted Lambton Kingsway School and playing ground, tennis courts, public pool and tobogganing hill is a mecca for children. Stroll to the Humber River Trails., Lambton Kingsway Plaza and entrance to two subway stops: Royal York and Old Mill. Move in and start living. Truly a home to grow into.

Key facts

Property type
Detached, 2-Storey
MLS®
W12909946
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
40.07 × 120.16 ft
Cross streets
The Kingsway & Prince Edward Dr. N.
Parking
1 garage · 5 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete Block, Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$13,390 / 2026
Days on market
116
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

LaundrySecond2.74 × 0.92 m

quartz counter · tile floor · b/i shelves

Primary BedroomSecond5.41 × 4.57 m

5 pc ensuite · his and hers closets · overlooks backyard

Bedroom 4Second4.72 × 3.05 m

hardwood floor · large closet · overlooks frontyard

FoyerMain5.18 × 2.31 m

double closet · 2 pc ensuite · tumbled marble

Living RoomMain4.19 × 3.96 m

gas fireplace · hardwood floor · pot lights

Utility RoomBasement3.05 × 2.13 m

Concrete Floor

Bedroom 2Second5.05 × 3.66 m

overlooks backyard · hardwood floor · double closet

OfficeBasement3.35 × 2.95 m

above grade window · broadloom

WorkshopBasement2.44 × 1.60 m

Concrete Floor

Family RoomMain4.27 × 3.96 m

gas fireplace · built-in speakers · w/o to garden

Bedroom 3Second5.05 × 3.66 m

double closet · overlooks frontyard · hardwood floor

RecreationBasement12.50 × 6.17 m

4 pc ensuite · pot lights · above grade window

KitchenMain5.49 × 3.51 m

renovated · eat-in kitchen · quartz counter

Dining RoomMain3.96 × 3.66 m

b/i shelves · crown moulding · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.17Mest. value

Listed at $3,498,000, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.41M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3.20M
  • Bedrooms −$30K
  • Adjusts to $3.17M

That comparable adjusts to $3.17M; the $3.17M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Etobicoke 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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Dundas St West at Old Dundas St is about a 6-minute walk away.

List price
$2.79MGreat deal$3.50MOverpriced

Total price vs nearby homes. Fair value about $3.17M, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.51Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

20 Mossgrove Trail$2.09M39 Cadillac Avenue$1.25M66 Wandering Trail$1.19M

The 3 closest active listings nearby.

See all comparable homes
3.50MThis home2.09M1.25M1.19MThis home vs active comparables
Live market pulseActive comparables in Kingsway South · median list $3.20M
$1,272this home / sqft
5active listings nearby
116days on market

This home lists 16% above the area average of $1,100/sqft.

115 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kingsway South, 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.

Getting around

59/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Dundas St West at Old Dundas St, about 502 m away

20+ transit stops3 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alderwood
$998K
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M

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 Etobicoke Collegiate Institute
82%
Etobicoke Collegiate InstitutePublic · Secondary · 1.7 km awayAbove the GTA average · 82% meet the provincial standard
Lambton-Kingsway Junior Middle SchoolEQAO results not published

Affordability & Mortgage

Affordability
$15,943/mo
$643KIncome needed
5.4×Price ÷ income
$3,679Weekly cost
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 $15,943Property tax $1,116Total carry $17,059

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,933per month

Mortgage amount $2,798,400 · 4.14% over 25 years

$699,600Down payment (20.0%)
$2,798,400Loan before insurance
$0CMHC premium
$16,049Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,933
Property tax
$1,116
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,049

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

One-time closing costs

Ontario land transfer tax
$73,925
Toronto municipal land transfer tax
$78,905
Estimated closing costs
$152,830

Plus your down payment of $699,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,138/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

$1,681,590Total interest paid
$4,479,990Total of all payments
Principal $2,798,400 Interest $1,681,590
YearPrincipalInterestBalance
1$65,557$113,643$2,732,843
2$68,299$110,901$2,664,544
3$71,156$108,044$2,593,388
4$74,132$105,067$2,519,256
5$77,233$101,967$2,442,023
6$80,464$98,736$2,361,560
7$83,829$95,370$2,277,730
8$87,336$91,864$2,190,395
9$90,989$88,211$2,099,406
10$94,795$84,405$2,004,611
11$98,760$80,440$1,905,851
12$102,891$76,309$1,802,960
13$107,195$72,005$1,695,766
14$111,678$67,521$1,584,087
15$116,350$62,850$1,467,738
16$121,216$57,983$1,346,521
17$126,287$52,913$1,220,235
18$131,569$47,630$1,088,665
19$137,072$42,127$951,593
20$142,806$36,394$808,787
21$148,779$30,420$660,008
22$155,003$24,197$505,005
23$161,486$17,714$343,519
24$168,241$10,959$175,278
25$175,278$3,922$0

At the end of your 5-year term

Total paid over the term
$895,998
Principal paid down
$356,377
Interest paid
$539,621
Balance remaining
$2,442,023

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$5,250/mo
$63,000Gross annual rent
1.2%Est. cap rate

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.

1.8%
Gross yield
− Property tax $13,390− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $41,280

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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