54 Ash Crescent, Toronto, ON

Long Branch, Toronto · MLS® W13159440

$1,299,000
For Sale
Listed 63 days ago
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2Bedrooms
2Bathrooms
2Garage · 6 parking
700-1100Sq Ft

About this home

Welcome to an exceptional opportunity in the heart of Long Branch! Nestled on a rare and desirable crescent south of Lake Shore, this charming bungalow sits on a premium lot surrounded by nature, beautiful parks, and the stunning waterfront of Lake Ontario. Whether you're looking to move in, renovate, or build your dream custom home, this property offers endless potential in one of Toronto's most sought-after lakeside communities. Enjoy an active lifestyle with nearby bike trails, walking paths, waterfront parks, and easy access to the lake. Located in a family-friendly neighbourhood with excellent schools, convenient transit, shopping, restaurants, and quick access to major highways. A truly rare opportunity to create your dream home in an unbeatable location!

Key facts

Property type
Detached, Bungalow
MLS®
W13159440
Bedrooms
2
Bathrooms
2
Size
700-1100
Lot
50 × 130 ft
Cross streets
LAKESHORE & TWENTY EIGHT ST
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Separate Entrance
Heating
Radiant
A/C
None
Exterior
Stucco (Plaster)
Foundation
Block, Brick, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,114 / 2025
Days on market
63
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomMain3.50 × 5.00 m
Living RoomMain6.00 × 4.00 m
KitchenMain4.00 × 3.20 m
Bedroom 2Main3.00 × 4.00 m
BathroomMain2.00 × 3.00 m
Our TakeTeam Asgarian · Broker
In line
$1.15Mest. value

Listed at $1,299,000, and my independent estimate is within the range of comparable homes, on the higher side.

In Long Branch lately, sellers get about 99% of asking; homes sell in ~23 days.

List price
$787KGreat deal$1.52MOverpriced

Total price vs nearby homes. Fair value about $1.15M, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.13M, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is James S Bell Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Long Branch, so I widened the search to the surrounding area.

Based on 6 comparable homes nearby.

Comparable listingsCurrently listed nearby in Long Branch · asking prices
$841kavg asking

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

51 Thirty Sixth Street$1.10M16 Forty Third Street$749k48 Daisy Avenue$675k

The 3 closest active listings nearby.

See all comparable homes
1.30MThis home1.10M749k675kThis home vs active comparables
Live market pulseActive comparables in Long Branch · median list $939K
$1,443this home / sqft
10active listings nearby
63days on market
69sold nearby · 90 days
$1.09Mmedian sold price
99%of asking, on average

62 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

Long Branch, 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.

Stonegate-Queensway
$1.63M
Princess-Rosethorn
$1.18M
Eringate-Centennial-West Deane
$1.25M
Leaside
$1.73M
Danforth Village-East York
$883K

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 James S Bell Junior Middle School
70%
James S Bell Junior Middle SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$5,920/mo
$242KIncome needed
5.4×Price ÷ income
$1,366Weekly 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 $5,920Property tax $426Total carry $6,347

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$5,972Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$426
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,972

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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$1,450/mo
$17,400Gross annual rent
0.7%Est. cap rate

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 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.

1.3%
Gross yield
− Property tax $5,114− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,972

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

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