54 Lockheed Boulevard, Toronto, ON

Humber Heights, Toronto · MLS® W13449418

$2,788,000
For Sale
Listed 31 days ago
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4Bedrooms
5Bathrooms
2Garage · 11 parking
2500-3000Sq Ft

About this home

Newly Built In 2018! Welcome To 54 Lockheed Blvd On A Quiet Street In Coveted Royal York Road / Lawrence Avenue West Neighbourhood of Humber Heights. This Exceptional Luxury Residence Truly Has It All. Live, Work, Recreate, Entertain & Relax All In One Place! This Thoughtfully Crafted 4550 sq. ft. Home (2975 sq. ft. Above Grade & 1575 sq. ft. Basement) Includes Your Very Own Pool, Sauna, Games Room & Fitness Studio! Superior Craftsmanship & Elevated Finishes Define Every Space. In-floor Heating In Basement, Garage, Driveway & Principal Bathroom! Designed For Both Entertaining & Family Living, The Main Level Includes A Gas Fireplace,& A Custom-Built Wall-To-Wall Entertainment Centre! Chef's Kitchen w/10-foot Quartz Island & Backsplash, Premium Brand Appliances, Wine Cooler & Walk-In Pantry! Work From Home In Main Floor Executive Office w/Custom Built-in Cabinetry, Bookshelves, And A Slide-Out Printer Drawer! Engineered Maple Hardwood Floors On Main & Second Floor. Covered Patio Features Cedar Ceilings, Twin Ceiling Fans, & Integrated Sound Wiring. Four Generous Bedrooms And Five Bathrooms Provide Space & Privacy For Everyone. Principal Bedroom Features 6-Piece Ensuite w/Heated Floors, Balcony & Large W/I Closet. The Lower-Level Makes For A True Lifestyle Property w/Heated Floors, Entertainment Centre w/Surround Sound, Kitchenette, Gym (Equipment Included), A Spa-Inspired Bathroom & Electric Sauna. Above-Ground Pool w/Cushioned Backyard Turf For Low-Maintenance. Advanced Mechanical Systems Include HRV System, Steam Humidifier, Boiler System, 200-AMP Electrical Service. No Rental Appliances Or Monthly Contracts - Furnace, Air Conditioner, Hot Water Heater Are All Owned. Minutes to Top-Rated Schools, St. George's Golf Club, Weston Golf & Country Club, York Weston Tennis Club, Humber River Recreational Trail & Raymore Park.

Key facts

Property type
Detached, 2-Storey
MLS®
W13449418
Bedrooms
4
Bathrooms
5 (1 half)
Size
2500-3000
Lot
50 × 130 ft
Cross streets
Royal York Road & Lawrence Ave West
Parking
2 garage · 11 parking (attached)
Driveway
Private
Basement
Full, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Pool
Above Ground
Property tax
$12,576 / 2026
Days on market
31
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

RecreationBasement5.45 × 10.94 m

heated floor · galley kitchen · combined w/game

Bedroom 2Second5.70 × 5.01 m

semi ensuite · closet · pot lights

Dining RoomMain3.39 × 4.19 m

hardwood floor · wainscoting · coffered ceiling(s)

Utility RoomBasement6.10 × 4.50 m
Great RoomMain4.58 × 4.20 m

hardwood floor · gas fireplace · coffered ceiling(s)

KitchenMain6.16 × 12.38 m

quartz counter · b/i appliances · pantry

LaundrySecond2.41 × 1.77 m
Bedroom 4Second4.66 × 3.98 m

3 pc ensuite · walk-in closet(s) · pot lights

Primary BedroomSecond6.96 × 4.87 m

6 pc ensuite · w/o to balcony · walk-in closet(s)

Exercise RoomBasement7.02 × 3.37 m

Mirrored Walls

OfficeMain3.30 × 3.40 m

hardwood floor · b/i shelves · crown moulding

Bedroom 3Second4.99 × 3.69 m

semi ensuite · double closet · pot lights

Moe’s TakeTeam Asgarian · Broker
In line
$2.70Mest. value

Listed at $2,788,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.76M, 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 $1.80M
  • Bedrooms −$30K
  • Adjusts to $1.77M

That comparable adjusts to $1.77M; the $2.70M estimate above is the median of all 9 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 Hilltop 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, this is a very walkable address with everyday errands close by. Dixon Rd at Roxaline St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.96MGreat deal$2.80MOverpriced

Total price vs nearby homes. Fair value about $2.70M, median of 9 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$2.42Mavg asking

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

21 Albertus Avenue$2.72M20 Mossgrove Trail$2.09M20 Duart Park Road$2.80M10 Wingrove Hill$2.30M245 Florence Avenue$2.20M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.79MThis home2.72M2.09M2.80M2.30M2.20MThis home vs active comparables
Live market pulseActive comparables in Humber Heights · median list $2.35M
$1,014this home / sqft
10active listings nearby
31days on market

This home lists 8% below the area average of $1,105/sqft.

30 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

Humber Heights, 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: Dixon Rd at Roxaline St, about 176 m away

20+ transit stops5 grocery20+ dining20+ parks20+ 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
$4.99M
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 Westmount Junior School
53%
Westmount Junior SchoolPublic · Elementary · 1.4 km awayBelow the GTA average · 53% meet the provincial standard
School of Experiential EducationEQAO results not published

Affordability & Mortgage

Affordability
$12,707/mo
$520KIncome needed
5.4×Price ÷ income
$2,932Weekly 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 $12,707Property tax $1,048Total carry $13,755

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)
$11,902per month

Mortgage amount $2,230,400 · 4.14% over 25 years

$557,600Down payment (20.0%)
$2,230,400Loan before insurance
$0CMHC premium
$12,950Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,902
Property tax
$1,048
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,950

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

One-time closing costs

Ontario land transfer tax
$56,175
Toronto municipal land transfer tax
$56,175
Estimated closing costs
$112,350

Plus your down payment of $557,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,456/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

$1,340,273Total interest paid
$3,570,673Total of all payments
Principal $2,230,400 Interest $1,340,273
YearPrincipalInterestBalance
1$52,251$90,576$2,178,149
2$54,436$88,391$2,123,713
3$56,713$86,114$2,067,000
4$59,085$83,742$2,007,915
5$61,557$81,270$1,946,358
6$64,132$78,695$1,882,226
7$66,814$76,013$1,815,412
8$69,609$73,218$1,745,803
9$72,521$70,306$1,673,283
10$75,554$67,273$1,597,729
11$78,714$64,113$1,519,015
12$82,007$60,820$1,437,008
13$85,437$57,390$1,351,571
14$89,011$53,816$1,262,560
15$92,734$50,093$1,169,826
16$96,613$46,214$1,073,214
17$100,654$42,173$972,560
18$104,864$37,963$867,696
19$109,250$33,576$758,445
20$113,820$29,007$644,625
21$118,581$24,246$526,044
22$123,541$19,286$402,503
23$128,709$14,118$273,794
24$134,092$8,734$139,701
25$139,701$3,126$0

At the end of your 5-year term

Total paid over the term
$714,135
Principal paid down
$284,042
Interest paid
$430,093
Balance remaining
$1,946,358

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
1.5%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.

2.3%
Gross yield
− Property tax $12,576− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $42,094

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

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