154 Fifth Street, Toronto, ON
New Toronto, Toronto · MLS® W13495472
About this home
Welcome To This Stunning Bungalow, The Perfect Mix Of Modern Living And Comfort, Move-In-Ready Convenience-Ideal For First-Time Buyers, Small Families, Down-Sizers Or Anyone Looking For Stylish, Low-Maintenance Living By The Lake. Steps Away From Toronto's Waterfront With Amazing Parks, Trails, Excellent Schools, Access To Public Transit, Endless Shops On Lake Shore Blvd And A Short Drive To Downtown Toronto. The Interior Boasts A Bright, Spacious And Modern Open Concept Living Main Floor, With Lots Of Natural Light And Separate Living And Dining Space. With The A Completely Finished Basement And Side Entrance, This Property Comes With A Move-In-Ready Rental Opportunity For First Time Home Buyers And Or Investors Who Are Looking For Income As Well As A Personal Living Space. With A Private Gated Backyard And An Expansive Lot, This Home Is Perfect For Outdoor Entertaining And Growing Families. The Lot Features A Large Patio, Hot Tub, Retractable Awning, Shed And Ample Green Space. This Amazing Backyard Also Includes Laneway Access With An Already Poured Concrete Slab Including Hydro Hook Up Along The Rear Fence Line. An Amazing Opportunity To Be Converted Into A Parking Pad, A Future Garage Or Better Yet A Trendy Laneway Suite For Additional Income. A Truly Special Home Offering A Family Friendly Neighbourhood With City Life.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13495472
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 32.03 × 118.32 ft
- Cross streets
- Islington Ave. And Lake Shore Blvd W.
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,457 / 2025
- Days on market
- 21
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
laminate · window
open concept · hardwood floor · overlooks dining
window · closet · hardwood floor
window · 4 pc bath · heated floor
open concept · overlooks family · window
Window
3 Pc Bath
modern kitchen · open concept · centre island
b/i closet · open concept
window · hardwood floor
laminate · window · closet
This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairThe assigned public school is Second Street 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, this is a very walkable address with everyday errands close by. Lake Shore Blvd West at Fifth St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Open-concept layout: modern, sought-after flow.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes20 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
New Toronto, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Lake Shore Blvd West at Fifth St, about 122 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $911,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,867
- Property tax
- $371
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,238
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,275
- Toronto municipal land transfer tax
- $19,275
- Estimated closing costs
- $38,550
Plus your down payment of $228,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $292,006
- Principal paid down
- $116,143
- Interest paid
- $175,863
- Balance remaining
- $795,856
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.