2931 Lansdowne Avenue, Toronto, ON

Yorkdale-Glen Park, Toronto · MLS® W13484724

$2,525,000
For Sale
Listed 76 days agoNo offer date statedPrice drop likely
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4+2Bedrooms
4Bathrooms
2Garage · 3 parking
2500-3000Sq ft

About this home

In short

  • An exceptional custom residence, masterfully reimagined late 2017 on an approx.
  • 46x105 ft lot, steps to Glencairn, in one of Toronto's most sought-after neighbourhoods.
  • Soaring open-concept main floor with gourmet kitchen, breakfast area, open concept family room & seamless flow to a private deck, Sauna and lush private backyard.
  • Breathtaking master bedroom retreat with a luxurious ensuite, custom W/I closet and private balcony.
  • Currently tenanted collecting income; option to contribute to your mortgage payments.

An exceptional custom residence, masterfully reimagined late 2017 on an approx. 46x105 ft lot, steps to Glencairn, in one of Toronto's most sought-after neighbourhoods. 4+2 beds, 4 washrooms, approx. 3,100 sq ft across 3 spectacular levels - every inch curated, every finish exceptional, maintained to the highest standard. Soaring open-concept main floor with gourmet kitchen, breakfast area, open concept family room & seamless flow to a private deck, Sauna and lush private backyard. Breathtaking master bedroom retreat with a luxurious ensuite, custom W/I closet and private balcony. All bedrooms feature custom closet organizers. Laundry upstairs as well as basement. Lower level 2-bed apartment or in-law suite with private entrance, full bath, laundry and radiant in-floor heating in basement. Currently tenanted collecting income; option to contribute to your mortgage payments. Luxury heated snow-melt exterior. Backyard bespoke with beautiful landscaping and a Detached approx. 120 sq ft rear studio/shed - office, gym or guest haven. 3-car parking: 2-car tandem and can be a stackable garage including a private drive. Premium stucco & brick exterior, oversized windows. A rare opportunity - truly one of a kind.

Key facts

Property type
Detached, 2-Storey
MLS®
W13484724
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
46 × 105.11 ft
Cross streets
Glencairn Ave. & Lansdowne Ave.
Parking
2 garage · 3 parking (attached)
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Concrete Block
Roof
Flat
Sewer
Sewer
Property tax
$8,993 / 2026
Days on market
76
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
In line
$2.43Mest. value

Listed at $2,525,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.43M, typically $2.32M to $2.61M. Comparable closings on their own put this home around $2.20M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

A price cut is the likelier next move. 76 days on the market against about 20 for homes like it here, and asking 4% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

Second read, from the city assessment: $2.24M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$2.32MBelow recent closings$2.61MAbove recent closings

Total price vs nearby homes. Fair value about $2.43M, median of 14 comparables.

The market behind the math:

13sold nearby · 90 days
$1.16Mmedian sold price
97%of asking, on average
−8%prices vs a year ago
~20 dayshomes like this take to sell
76days on market so far
$5,880/moest. rent · 7 leases
2.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 5 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $918/sqft against an area asking average of $695/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Yorkdale-Glen Park: 15 of the 78 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.24M, a close match.

What the listing highlights5 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 14 comparable homes that sold in Yorkdale-Glen Park over the past two years, from 97 closings there.

What sellers nearby are askingCurrently listed nearby in Yorkdale-Glen Park · asking prices
$1.88Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.20M, which is where my estimate comes from.

Per square foot, these ask about $695/sqft; this home lists at $918/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.52MThis home2.19M1.80M1.75M2.00M1.65MThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$3.50M
Mount Pleasant East
$2.42M
Bridle Path-Sunnybrook-York Mills
$4.90M
Leaside
$3.55M
Princess-Rosethorn
$2.10M

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 · 0.5 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Charles Catholic School · Catholic elementary1.1 km · 62% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.3 km · 84% at standard
George Anderson Public School · Public elementary1.4 km · 88% at standard
Yorkdale Secondary School · Public secondary1.5 km
Fairbank Public School · Public elementary1.7 km · 59% at standard
Lawrence Heights Middle School · Public elementary1.7 km · 44% at standard
Immaculate Conception Catholic School · Catholic elementary1.7 km · 48% at standard
Fairbank Memorial Community School · Public elementary1.8 km · 66% at standard
St Thomas Aquinas Catholic School · Catholic elementary1.8 km · 74% at standard
St Francis Xavier Catholic School · Catholic elementary1.8 km · 64% at standard
Flemington Public School · Public elementary2.0 km · 36% at standard
Glen Park Public School · Public elementary2.2 km · 54% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$11,508/mo
$463KIncome needed
5.4×Price ÷ income
$2,656Weekly cost
$99,200Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $11,508Property tax $749Total carry $12,258

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,890per month

Mortgage amount $2,020,000 · 4.24% over 25 years

$505,000Down payment (20.0%)
$2,020,000Loan before insurance
$0CMHC premium
$11,639Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,890
Property tax
$749
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,639

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

One-time closing costs

Ontario land transfer tax
$49,600
Toronto municipal land transfer tax
$49,600
Estimated closing costs
$99,200

Plus your down payment of $505,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$13,214/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

$1,247,014Total interest paid
$3,267,014Total of all payments
Principal $2,020,000 Interest $1,247,014
YearPrincipalInterestBalance
1$46,672$84,009$1,973,328
2$48,672$82,009$1,924,657
3$50,757$79,923$1,873,900
4$52,932$77,749$1,820,967
5$55,200$75,480$1,765,767
6$57,565$73,115$1,708,202
7$60,032$70,648$1,648,170
8$62,604$68,076$1,585,565
9$65,287$65,394$1,520,278
10$68,085$62,596$1,452,194
11$71,002$59,679$1,381,192
12$74,044$56,636$1,307,148
13$77,217$53,464$1,229,931
14$80,526$50,155$1,149,405
15$83,976$46,704$1,065,429
16$87,575$43,106$977,854
17$91,327$39,353$886,527
18$95,240$35,440$791,286
19$99,321$31,359$691,965
20$103,577$27,103$588,388
21$108,016$22,665$480,372
22$112,644$18,037$367,728
23$117,471$13,210$250,258
24$122,504$8,176$127,753
25$127,753$2,927$0

At the end of your 5-year term

Total paid over the term
$653,403
Principal paid down
$254,233
Interest paid
$399,170
Balance remaining
$1,765,767

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
From 7 whole-home leases in Yorkdale-Glen Park$5,880/mo
$70,560Gross annual rent
2.1%Cap rate after taxes and upkeep
$5,006 to $6,351Typical rent range
~21 daysTo find a tenant, on average

The suite is real income here: basements rent in Yorkdale-Glen Park (15 of 78 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 7 whole-home leases in Yorkdale-Glen Park signed at a median of $4,268 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,880. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.8%
Gross yield
− Property tax $8,993− Insurance $1,400− Vacancy & upkeep $7,762Net operating income $52,406

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

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