43 Braecrest Avenue, Toronto, ON
Humber Heights, Toronto · MLS® W13530214
About this home
Custom-built sprawling bungalow offering over 6,000 sq. ft. of finished living space on an exceptional 75' x 217' mature lot in one of Etobicoke's desirable neighbourhoods. Surrounded by custom homes, this property offers a rare opportunity to renovate, personalize, or create your dream home. A circular driveway, double garage, and beautifully carved solid wood front doors create an impressive welcome. Inside, the spacious foyer with stained glass panels leads to a grand hallway featuring a spiral chandelier, circular staircase, and striking mirrored mural that reflect the home's distinctive architectural style. Designed for entertaining and everyday living, the expansive principal rooms include a sun-filled living room with bay window, formal dining room, and sunken family room with vaulted ceiling, gas fireplace, and walkout to a grapevine-covered patio with built-in BBQ overlooking the private backyard. The spacious kitchen with adjoining pantry provides abundant storage and workspace, while hardwood flooring extends throughout the main level.Three generously sized main floor bedrooms include a spacious primary suite with walk-in closet, ensuite bath, and walkout to a private deck with access to the upper patio overlooking the backyard. A large main floor laundry room with outdoor access adds convenience.The fully finished walkout lower level with above-grade windows expands the living space with an oversized family/games room featuring a wet bar and wood-burning fireplace, fourth bedroom, second kitchen, full bath with jacuzzi tub, separate shower and sauna, walk-in cedar closet, and multiple storage rooms-ideal for extended family, multi-generational living, or in-law suite potential. With parking for several vehicles, mature landscaping, and an outstanding location close to schools, parks, shopping, transit, major highways, and Pearson Airport, this is a rare opportunity to own a substantial custom home on one of Etobicoke's most desirable oversized lots.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13530214
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 3000-3500
- Lot
- 75.17 × 217.45 ft
- Cross streets
- Royal York Rd. & Lawrence Ave. W.
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Circular Drive, Private Double
- Basement
- Finished with Walk-Out, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,007 / 2026
- Days on market
- 10
- Listing brokerage
- KELLER WILLIAMS EDGE REALTY
Rooms
hardwood floor · walk-in closet(s) · 4 pc ensuite
w/o to garden · fireplace · wet bar
hardwood floor · gas fireplace · w/o to patio
Bay Window
hardwood floor · bay window · double closet
double doors · double closet
Cedar Closet(s)
hardwood floor · overlooks dining
Hardwood Floor
hardwood floor · double closet
Listed at $2,450,000, this home is tracking about 27% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.21M, 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 $2.79M
- Size difference +$521K
- Bathrooms −$30K
- Adjusts to $3.28M
That comparable adjusts to $3.28M; the $3.37M estimate above is the median of all 10 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. Lawrence Ave West at Royal York Rd East Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.37M, median of 10 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.
- 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.
- Primary suite: a key comfort and resale feature.
- 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 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $1,131/sqft.
9 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Humber Heights, 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: Lawrence Ave West at Royal York Rd East Side, about 147 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 $1,960,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,459
- Property tax
- $751
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,210
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $47,725
- Toronto municipal land transfer tax
- $47,725
- Estimated closing costs
- $95,450
Plus your down payment of $490,000. 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
- $627,557
- Principal paid down
- $249,606
- Interest paid
- $377,951
- Balance remaining
- $1,710,394
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 KELLER WILLIAMS EDGE REALTY. MLS®/PropTx.