175 Hay Avenue, Toronto, ON
Mimico, Toronto · MLS® W13002792
About this home
Not all homes are created equal. This all brick ,Energy Star certified masterpiece created by Wynford Homes will take your breath away. With over $100k in upgrades and aprox. 3000 sq/ft of beautifully designed total living space it offers 3 bedrooms and 4 bathrooms finished with a modern sophistication that is unmatched. The 11 ft ceilings in the main living space and 8 ft double sliding doors across the back of the home create a bright and beautiful flow out to the private back deck. The beauty of the upgraded designer Cameo kitchen is enhanced by a 9 ft quartz island with waterfall, double sided breakfast bar and Italian marble backsplash. The upgraded Fisher Paykel appliances and bounty of custom kitchen cabinetry is complimented by the 11 ft porcelain clad gas fireplace with floating custom shelving. Along with the accompanying dining area this space is a dream for families and entertaining. The 6 ft porcelain floors in the separate dining area create a bright and quiet elegance along side the beautiful 5" hardwood floors throughout. The glass railings initiate a seamless transition as you move to the upper level of the home where you will find 3 large bedrooms. The generous primary suite is accompanied by a large on suite adorned with a large free standing tub and separate glass enclosed shower. The walk in closet offers an abundance of custom cabinetry. As you move to the lower level of the home you are met with a bright open concept space with 10.5 ft ceilings and outfitted with your own private luxury gym space. In the backyard you will enjoy peace and tranquility on the expansive maintenance free composite deck overlooking the large fully fenced newly sodded yard. The location is ideal as you will be 15 min to downtown , 100m from a large park with pool and community centre, 2 min from the Mimico Go station and Sanremo Bakery at the top of the street. With 143ft of total lot depth . Remote Hunter Douglas Blinds were also newly installed for added privacy.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13002792
- Bedrooms
- 3
- Bathrooms
- 4 (2 half)
- Size
- 2000-2500
- Lot
- 25 × 118.9 ft
- Cross streets
- Royal York & Hay Ave.
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,162 / 2026
- Days on market
- 98
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
gas fireplace · w/o to deck · hardwood floor
b/i appliances · centre island · overlooks family
hardwood floor · window · closet
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · open concept · overlooks family
ceramic floor · stainless steel sink · b/i shelves
porcelain floor · closet · w/o to garage
above grade window · open concept · 2 pc bath
hardwood floor · large window · double closet
porcelain floor · large window
Listed at $1,989,918, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($884/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Mimico lately, sellers have been getting about 99% of asking and homes sell in about 22 days.
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 19 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 19 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.02M, a bit higher.
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, sold for $1.70M
- Bedrooms −$49K
- Bathrooms +$24K
- Adjusts to $1.68M
That comparable adjusts to $1.68M; the $1.69M estimate above is the median of all 19 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is George R Gauld Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.69M, median of 19 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 2% below the area average of $905/sqft.
97 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, 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.
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 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,591,934 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,495
- Property tax
- $764
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,259
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,273
- Toronto municipal land transfer tax
- $36,273
- Estimated closing costs
- $72,547
Plus your down payment of $397,984. 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
- $509,709
- Principal paid down
- $202,733
- Interest paid
- $306,976
- Balance remaining
- $1,389,201
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
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 RIGHT AT HOME REALTY. MLS®/PropTx.