89 Twenty Second Street, Toronto, ON
New Toronto, Toronto · MLS® W13517398
About this home
Embrace lakeside living in style! Welcome to 89 Twenty Second St, a stunning and expansive two-storey home in the community of New Toronto. Offering a perfect blend of modern sophistication and functional family comfort, this home boasts four bedrooms and five bathrooms, ensuring ultimate privacy and convenience for everyone. The main level features high ceilings, hardwood throughout, bright open concept living and dining areas, plus a chefs kitchen perfect for entertaining and staying connected with family. Enjoy your main floor walk out to elevated upper deck. Upstairs, the primary bedroom serves as a peaceful oasis with 10ft ceilings and a 4pc spa-like ensuite. The second spacious bedroom features double closets and a 4pc ensuite. The third and fourth bedroom have access to a 5pc ensuite bathroom perfect for children or guests. The spacious sun-filled lower level features soaring ceilings, beautiful ceramic tile, and a direct walk out to a fully fenced private backyard with mature trees and laneway potential. Convenient lower level access to garage. Nestled in a vibrant, family-friendly neighborhood just minutes from the Lake Ontario waterfront, you are steps from scenic parks, top-rated schools, and the trendy shops and dining along Lakeshore Blvd. Commuting is a breeze with nearby TTC options, GO Station, and quick access to the Gardiner Expressway. Don't miss this incredible opportunity to plant your roots in one of West Toronto's most desirable lakeside pockets.. Book your viewing today!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13517398
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 25 × 119 ft
- Cross streets
- Lake Shore Blvd W & Kipling Ave
- Parking
- 1 garage · 3 parking (built-in)
- Basement
- Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,021 / 2026
- Days on market
- 14
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
ceramic floor · walk-out · 3 pc bath
hardwood floor · bay window · combined w/dining
hardwood floor · centre island · stainless steel appl
hardwood floor · open concept · combined w/sitting
hardwood floor · 5 pc ensuite · double closet
hardwood floor · 4 pc ensuite · window
hardwood floor · w/o to deck · gas fireplace
hardwood floor · window · double closet
hardwood floor · double closet · bay window
Listed at $1,958,000, this home is about 17% below comparable homes, worth a close look. 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 $1.70M, lower than the comparables and worth a second look.
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 $1.87M
- Size difference +$514K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $2.43M
That comparable adjusts to $2.43M; the $2.36M 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 Twentieth Street Junior 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. Kipling Ave at Birmingham St is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $2.36M, 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Worth verifying
- Lifestyle
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 homesThis home lists 12% below the area average of $990/sqft.
13 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
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: Kipling Ave at Birmingham St, about 339 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,566,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,359
- Property tax
- $585
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,944
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35,635
- Toronto municipal land transfer tax
- $35,635
- Estimated closing costs
- $71,270
Plus your down payment of $391,600. 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
- $501,534
- Principal paid down
- $199,481
- Interest paid
- $302,052
- Balance remaining
- $1,366,919
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 PROFESSIONALS INC.. MLS®/PropTx.