52 Third Street, Toronto, ON

New Toronto, Toronto · MLS® W13544272

$1,499,000
For Sale
Listed 8 days ago
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4Bedrooms
3Bathrooms
2Parking
700-1100Sq Ft

About this home

Welcome to 52 Third Street, a beautifully maintained 3+1 bedroom, 3 bathroom detached home just steps from the shores of Lake Ontario in one of South Etobicoke's most sought-after waterfront communities. Offering the perfect blend of space, comfort, and lifestyle, this move-in ready family home features a thoughtfully designed layout with generous principal rooms, abright and inviting atmosphere, and versatile living spaces ideal for growing families, professionals, or those looking to upgrade their current home. The spacious primary bedroom is a true highlight, featuring a stunning solarium addition that creates the perfect space to unwind with a morning coffee, home office, reading nook, or private sitting area filled with natural light. Outside, escape to your own backyard oasis. Designed for both relaxation and entertaining, this private outdoor sanctuary offers the perfect setting for summer barbecues, family gatherings, and quiet evenings under the stars. Including a finished out building equipped with electrical, ethernet wiring and air-conditioning - perfect for a gym or office. Modern conveniences include two private driveway parking spaces and an EV charger, providing practical everyday living while supporting a sustainable lifestyle. Located just steps from Lake Ontario, waterfront parks, trails, beaches, and local amenities, you'll enjoy the best of lakeside living while remaining close to schools, transit, shopping, restaurants, and major commuter routes. A rare opportunity to own adetached family home in an exceptional lakeside neighbourhood where community, convenience, and outdoor living come together.

Key facts

Property type
Detached, 2-Storey
MLS®
W13544272
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
700-1100
Lot
25 × 123 ft
Cross streets
Lake Shore Blvd W/Third St
Parking
2 parking
Driveway
Other, Tandem
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$4,773 / 2025
Days on market
8
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

KitchenMain3.15 × 3.62 m
BathroomSecond2.52 × 1.60 m
Living RoomMain3.54 × 3.39 m
OfficeBasement2.65 × 2.92 m
BedroomBasement3.01 × 7.69 m
Primary BedroomSecond3.60 × 3.55 m
LaundryBasement2.19 × 3.44 m
Bedroom 2Second2.55 × 3.97 m
BathroomMain1.28 × 1.38 m
BathroomBasement2.51 × 2.19 m
SittingSecond4.89 × 2.92 m
Bedroom 3Second2.46 × 3.14 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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 Third St is about a 1-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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in New Toronto · asking prices
$1.18Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

19 Toffee Court$1.10M23 Second Street$1.25M23 16th Street$1.20M

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home1.10M1.25M1.20MThis home vs active comparables
Live market pulseActive comparables in New Toronto · median list $1.53M
$1,666this home / sqft
11active listings nearby
8days on market

7 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

New Toronto, 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.

Getting around

72/ 100

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 Third St, about 100 m away

20+ transit stops2 grocery20+ dining20+ parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Alderwood
$998K
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M

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 Seventh Street Junior School
73%
Seventh Street Junior SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$6,832/mo
$275KIncome needed
5.5×Price ÷ income
$1,577Weekly cost
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 $6,832Property tax $398Total carry $7,230

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$6,797Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$398
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,797

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

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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
Estimate$1,450/mo
$17,400Gross annual rent
0.6%Est. cap rate

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

Talk about the numbers

Estimates 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.

1.2%
Gross yield
− Property tax $4,773− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,313

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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