589 Glen Park Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13245892

$1,888,000
For Sale
Listed 43 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Motivated Seller! Welcome to this masterpiece boasting over 4,000 square feet of living space, nestled in the heart of desirable North York. This magnificent home is a perfect blend of elegance, comfort, and modern luxury. From the moment you step inside, you'll be captivated by the soaring ceilings, expansive living spaces, and meticulous attention to detail throughout. A chefs dream with high-end built-in appliances including restaurant size fridge, custom cabinetry, a large central island, and a cozy breakfast nook overlooking the serene expansive backyard. A truly luxurious retreat with a spa-inspired ensuite, walk-in closet with built-in custom cabinetry. Large windows flood the home with natural light, enhancing the warmth and beauty of every room. Formal living room, dining room, family room, office and a beautiful lower levelthis home has it all and more! With a private walk-out entrance, bedroom and bathroom, the basement is perfect for a nanny suite, in-law suite or extra income for a rental basement. Located in a prestigious and sought-after neighborhood, this home is within close proximity to top-rated schools, parks, shopping, and major transit routes. Whether youre looking for a peaceful retreat or a space to entertain, this stunning property offers it all. Dont miss the opportunity to make this your forever home!

Key facts

Property type
Detached, 2-Storey
MLS®
W13245892
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
40 × 130 ft
Cross streets
Keele & Lawrence
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,770 / 2025
Days on market
43
Listing brokerage
WEST-100 METRO VIEW REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$2.15Mest. value

Listed at $1,888,000, this home is within the range of comparable homes, on the lower side. 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 $2.06M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2.19M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $2.15M

That comparable adjusts to $2.15M; the $2.15M 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.

The assigned public school is Joyce Public 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, this is a very walkable address with everyday errands close by. Glencairn Ave at Caledonia Rd East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.81MGreat deal$2.57MOverpriced

Total price vs nearby homes. Fair value about $2.15M, 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.76Mavg asking

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

18 Thatcher Avenue$1.98M84 Fred Young Drive$1.80M59 Princemere Crescent$1.74M20 Mossgrove Trail$2.09M66 Wandering Trail$1.19M

The 5 closest active listings nearby.

See all comparable homes
1.89MThis home1.98M1.80M1.74M2.09M1.19MThis home vs active comparables
Live market pulseActive comparables in Yorkdale-Glen Park · median list $2.40M
$581this home / sqft
8active listings nearby
43days on market

This home lists 35% below the area average of $894/sqft.

42 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

Yorkdale-Glen Park, 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

73/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Glencairn Ave at Caledonia Rd East Side, about 106 m away

20+ transit stops10 grocery20+ dining18 parks17 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$2.30M
Alderwood
$998K

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 Joyce Public School
64%
Joyce Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 64% meet the provincial standard

Affordability & Mortgage

Affordability
$8,605/mo
$354KIncome needed
5.3×Price ÷ income
$1,986Weekly 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.

92%mortgage
Mortgage $8,605Property tax $731Total carry $9,336

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)
$8,060per month

Mortgage amount $1,510,400 · 4.14% over 25 years

$377,600Down payment (20.0%)
$1,510,400Loan before insurance
$0CMHC premium
$8,791Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,060
Property tax
$731
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,791

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

One-time closing costs

Ontario land transfer tax
$34,235
Toronto municipal land transfer tax
$34,235
Estimated closing costs
$68,470

Plus your down payment of $377,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,790/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

$907,616Total interest paid
$2,418,016Total of all payments
Principal $1,510,400 Interest $907,616
YearPrincipalInterestBalance
1$35,383$61,337$1,475,017
2$36,863$59,857$1,438,153
3$38,405$58,315$1,399,748
4$40,012$56,709$1,359,736
5$41,686$55,035$1,318,050
6$43,429$53,291$1,274,621
7$45,246$51,475$1,229,375
8$47,138$49,582$1,182,237
9$49,110$47,611$1,133,127
10$51,164$45,556$1,081,963
11$53,304$43,416$1,028,658
12$55,534$41,187$973,124
13$57,857$38,864$915,268
14$60,277$36,444$854,991
15$62,798$33,922$792,192
16$65,425$31,296$726,767
17$68,162$28,559$658,606
18$71,013$25,708$587,593
19$73,983$22,738$513,610
20$77,078$19,643$436,532
21$80,302$16,419$356,231
22$83,661$13,060$272,570
23$87,160$9,561$185,410
24$90,806$5,915$94,604
25$94,604$2,117$0

At the end of your 5-year term

Total paid over the term
$483,603
Principal paid down
$192,350
Interest paid
$291,254
Balance remaining
$1,318,050

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$6,300/mo
$75,600Gross annual rent
3.0%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.

4.0%
Gross yield
− Property tax $8,770− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,114

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of WEST-100 METRO VIEW REALTY LTD.. MLS®/PropTx.

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