99 Lake Promenade, Toronto, ON

Long Branch, Toronto · MLS® W13225230

$7,980,000
For Sale
Listed 46 days ago
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5Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

**MUSKOKA IN YOUR OWN BACKYARD** This classic Hamptons-style home by Chatsworth Fine Homes offers an exciting opportunity to customize a new dream home and build instant value - without the long wait of new construction. Set on a 56' x 224' lot with direct lake access to a rare private beach and deck, the home spans 6,760 sq. ft. of luxury living space. Designed for comfort, light and flow, the main level showcases expansive lake views and a bright, open-concept living area that walks out to a generous deck overlooking the pool and large yard. The second floor features four bedrooms, each with its own ensuite and walk-in closet. The primary suite overlooking the lake includes a private deck, two walk-in closets and a 5 pc spa ensuite. Thoughtful upgrades elevate function and luxury with a superior home automation system, skylights, roughed-in elevator, heated basement floors and side yard basement walk-out. A coveted net-zero environmental designation reflects Chatsworth's focus on sustainability and long-term efficiency. A Tarion Warranty provides further guarantees of quality craftsmanship. This unique property provides an ideal setting for lakeside entertaining, kayaking and quiet relaxation as swans glide by. Nestled in a charming, cottage-like neighbourhood between two large parks and miles of waterfront trails, the home is also conveniently near city amenities and airports. With Chatsworth's thoughtful designer and top team ready to expertly manage the completion process, you can have everything you have always wanted in your forever home with ease.

Key facts

Property type
Detached, 2-Storey
MLS®
W13225230
Bedrooms
5 (4 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
56.23 × 209.58 ft
Cross streets
28th / Lake Promenade
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Separate Entrance, Unfinished
Heating
Heat Pump
A/C
Central Air
Exterior
Stone, Wood
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$13,883 / 2025
Days on market
46
Listing brokerage
ROYAL LEPAGE/J & D DIVISION
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Lake Shore Blvd West at Twenty Eighth St is about a 8-minute walk away.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Elevator: rare and valuable for accessibility and resale.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Weigh carefully
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$3.83Mavg asking

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

3 Legacy Court$5.00M167 Harlandale Avenue$3.59M416 Patricia Avenue$2.92M

The 3 closest active listings nearby.

See all comparable homes
7.98MThis home5.00M3.59M2.92MThis home vs active comparables
Live market pulseActive comparables in Long Branch · median list $2.00M
$1,878this home / sqft
10active listings nearby
46days on market

45 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.

Getting around

57/ 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: Lake Shore Blvd West at Twenty Eighth St, about 666 m away

20+ transit stops2 grocery20+ dining20+ parks6 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
$2.30M
Downsview-Roding-CFB
$1.06M
Lawrence Park South
$2.13M
Bedford Park-Nortown
$2.90M

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 · 0.6 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$36,370/mo
$1411KIncome needed
5.7×Price ÷ income
$8,393Weekly 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.

97%mortgage
Mortgage $36,370Property tax $1,157Total carry $37,527

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$34,067per month

Mortgage amount $6,384,000 · 4.14% over 25 years

$1,596,000Down payment (20.0%)
$6,384,000Loan before insurance
$0CMHC premium
$35,224Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$34,067
Property tax
$1,157
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$35,224

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

One-time closing costs

Ontario land transfer tax
$185,975
Toronto municipal land transfer tax
$305,375
Estimated closing costs
$491,350

Plus your down payment of $1,596,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$41,378/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

$3,836,218Total interest paid
$10,220,218Total of all payments
Principal $6,384,000 Interest $3,836,218
YearPrincipalInterestBalance
1$149,555$259,254$6,234,445
2$155,811$252,998$6,078,634
3$162,328$246,481$5,916,306
4$169,118$239,691$5,747,188
5$176,192$232,617$5,570,996
6$183,562$225,247$5,387,434
7$191,240$217,569$5,196,194
8$199,239$209,570$4,996,955
9$207,573$201,236$4,789,382
10$216,256$192,553$4,573,127
11$225,301$183,508$4,347,825
12$234,725$174,084$4,113,100
13$244,543$164,265$3,868,557
14$254,772$154,036$3,613,784
15$265,429$143,380$3,348,355
16$276,532$132,277$3,071,824
17$288,098$120,710$2,783,725
18$300,149$108,660$2,483,576
19$312,704$96,105$2,170,872
20$325,784$83,025$1,845,089
21$339,411$69,398$1,505,678
22$353,608$55,201$1,152,070
23$368,399$40,410$783,671
24$383,808$25,000$399,863
25$399,863$8,946$0

At the end of your 5-year term

Total paid over the term
$2,044,044
Principal paid down
$813,004
Interest paid
$1,231,040
Balance remaining
$5,570,996

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$7,350/mo
$88,200Gross annual rent
0.8%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.

1.1%
Gross yield
− Property tax $13,883− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,215

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

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