22 Ninth Street, Toronto, ON
New Toronto, Toronto · MLS® W13539748
About this home
Stunning 3-Story modern home steps to the Lake! This gorgeous residence in New Toronto's Lake-Side community offers 3+1 spacious bedrooms, 4 beautifully designed bathrooms on four thoughtfully designed floors. The open-concept main floor features a sun-filled living space and a chef's dream kitchen with a large family island, premium stainless-steel appliances, quartz countertops, integrated built-in dishwasher, countertop stove with commercial-grade hood vent, and built-in wall oven & microwave. Elegant undermount and glass cabinet lighting, along with ample storage, make this kitchen an entertainer's delight! Step outside to a large back deck and garden with a built-in 20 Ft Hydropool Swim Spa, creating a private backyard oasis ideal for fitness, relaxation or gatherings. The 2nd level boasts two large, light-filled bedrooms with generous closets, a modern 4-piece bath with antifog mirror, and convenient laundry room. Retreat to the entire third level, exclusively designed as a private Primary Suite featuring a sun-drenched bedroom with an electric fireplace, balcony overlooking the treed neighborhood, and a luxurious 5-piece spa ensuite with a soaker tub, crystal chandelier, double sinks with light-up anti-fog mirrors, and a separate shower with elegant glass tile. Enjoy instant privacy with a custom remote blind! Glass & steel railings throughout add a sleek, contemporary touch. The finished basement offers a separate entrance, kitchen area with rough-in for a stovetop & range hood, spacious sound proofed recreation room, 3-piece bath, 4th bedroom, and rough-in for additional laundry-perfect for guests or in-law/rental suite potential! Complete with a garage for storage! Steps to beautiful parks, trails, schools, shopping, transit (TTC & GO), with easy access to major highways and both city airports, this home is truly turnkey and ready for you to move right in and start living your life by the water!
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W13539748
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 25 × 113 ft
- Cross streets
- Lake Shore Blvd & Islington Ave. South of Morrison
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Metal
- Sewer
- Sewer
- Pool
- Other
- Property tax
- $6,966 / 2025
- Days on market
- 9
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
broadloom · combined w/kitchen · pot lights
large window · large closet · overlooks frontyard
laminate · window · pot lights
5 pc ensuite · pot lights · balcony
quartz counter · stainless steel appl · w/o to deck
pot lights · fireplace · overlooks frontyard
broadloom · closet · window
quartz counter · combined w/rec · backsplash
Ceramic Floor
5 pc bath · soaking tub · double sink
large window · closet · overlooks backyard
Listed at $1,699,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.70M, 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 $1.87M
- Bedrooms +$30K
- Adjusts to $1.90M
That comparable adjusts to $1.90M; the $1.64M estimate above is the median of all 20 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 Seventh 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, this is a very walkable address with everyday errands close by. Lake Shore Blvd West at Tenth St is about a 6-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.64M, median of 20 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- 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.
- Income potential
- Value driver
- 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 0% above the area average of $967/sqft.
8 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 Tenth St, about 454 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 $1,359,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,253
- Property tax
- $581
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,834
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Toronto municipal land transfer tax
- $30,455
- Estimated closing costs
- $60,910
Plus your down payment of $339,800. 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
- $435,192
- Principal paid down
- $173,094
- Interest paid
- $262,097
- Balance remaining
- $1,186,106
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.