91 Twenty Second Street, Toronto, ON

New Toronto, Toronto · MLS® W13598078

$1,600,000
For Sale
Just listed today
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5Bedrooms
3Bathrooms
7Parking
1500-2000Sq Ft

About this home

A Rare Opportunity To Own A Thoughtfully Crafted Contemporary Residence In One Of South Etobicoke's Most Connected And Rapidly Evolving Communities. The Vacant Legal Purpose-Built Triplex Was Designed To Adapt To A Wide Range Of Living Arrangements. This Exceptional Home Offers Endless Possibilities For End Users, Extended Families, Or Those Seeking Flexible Income Potential. Large Fire Egress Windows Throughout. Potential For Laneway Suite Or Rear Addition.Featuring 4 Spacious Bedrooms Plus An Additional Lower-Level 1 Bedroom Suite And 3 Beautifully Finished Bathrooms, The Layout Was Carefully Planned To Create Privacy, Comfort, And Functionality Across Every Floor. Renovated To The Studs ('25-'26) With Superior Craftsmanship And Efficiency In Mind, The Home Showcases Advanced Insulation And Acoustic Separation, Delivering Comfort And Quiet Throughout. Elegant Finishes Include Luxury Flooring, Designer Lighting, Custom Millwork, Large Sun-Filled Windows, And Hotel-Inspired Bathrooms. The Main Floor Impresses With 2 Bedrooms, 1 Bath, Open-Concept Principal Rooms, A Stunning Kitchen Complete With Quartz Counters And Premium Stainless Steel Appliances. The Upper Floor Mirrors The Main Level 2 Bed 1 Bath With Minor Suitable Changes. The Fully Finished Above Grade Windows Lower Level Offers Independent Living With Its Own Kitchen, Bedroom, Heated Floor Bathroom, And Separate Entrance. All 3 Units With Separate Entrances, Separate Laundry & Hydro Meter. Set On An Oversized Property With Extensive Parking Capacity For Multiple Vehicles, Driveway In Front And Rear Street Access As Well. VERY RARE. Ideally Located Moments From The Waterfront, Humber College, Transit, GO Access, Major Routes, Parks, Trails, And Some Of The Area's Most Popular Local Amenities. A Truly Unique Offering Combining Design, Functionality, And Long-Term Potential In A Prime West Toronto Setting. Some photos are virtually staged.

Key facts

Property type
Other, 2-Storey
MLS®
W13598078
Bedrooms
5 (4 + 1)
Bathrooms
3
Size
1500-2000
Lot
25 × 119 ft
Cross streets
Kipling & Lakeshore
Parking
7 parking
Driveway
Private, Lane
Basement
Apartment, Separate Entrance
Kitchens
3 (2 + 1)
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,264 / 2025
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomGround4.00 × 3.20 m

hardwood floor · pot lights · ceiling fan(s)

BedroomGround3.00 × 2.90 m

hardwood floor · closet · window

BedroomGround3.00 × 2.90 m

hardwood floor · closet · window

KitchenGround4.20 × 2.20 m

hardwood floor · quartz counter · stainless steel appl

Living RoomBasement5.20 × 3.40 m

tile floor · pot lights · above grade window

KitchenBasement6.10 × 2.20 m

tile floor · quartz counter · stainless steel appl

BedroomSecond2.90 × 2.50 m

hardwood floor · closet · window

Living RoomSecond5.00 × 3.75 m

hardwood floor · crown moulding · open concept

BedroomBasement3.80 × 2.90 m

tile floor · closet · above grade window

KitchenSecond4.20 × 2.20 m

hardwood floor · quartz counter · stainless steel appl

BedroomSecond3.00 × 3.00 m

hardwood floor · closet · window

DenGround2.40 × 1.30 m

hardwood floor · open concept

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.48Mest. value

Listed at $1,600,000, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($914/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In New Toronto lately, sellers have been getting about 98% of asking and homes sell in about 23 days.

There were not many closely comparable homes right in New Toronto, so I widened the search to the surrounding area.

Based on 17 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 17 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.24M, a bit lower.

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, sold for $1.50M
  • Bedrooms +$45K
  • Bathrooms −$22K
  • Adjusts to $1.52M

That comparable adjusts to $1.52M; the $1.48M estimate above is the median of all 17 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$1.17MGreat deal$1.60MOverpriced

Total price vs nearby homes. Fair value about $1.48M, median of 17 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. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in New Toronto · asking prices
$1.27Mavg asking

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

35 Fifteenth Street$1.40M19 Toffee Court$1.10M22 Fourth Street$1.40M23 16th Street$1.20M

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.40M1.10M1.40M1.20MThis home vs active comparables
Live market pulseActive comparables in New Toronto · median list $1.50M
$914this home / sqft
10active listings nearby
99sold nearby · 90 days
$1.11Mmedian sold price
98%of asking, on average

This home lists 1% above the area average of $909/sqft.

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.

Nearby neighbourhoods

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

Mimico
$475K
Weston-Pellam Park
$499K
Waterfront Communities C1
$558K
Church-Yonge Corridor
$592K
Yorkdale-Glen Park
$1.18M

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 Twentieth Street Junior School
70%
Twentieth Street Junior SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$7,292/mo
$294KIncome needed
5.4×Price ÷ income
$1,683Weekly 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 $7,292Property tax $439Total carry $7,731

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,831per month

Mortgage amount $1,280,000 · 4.14% over 25 years

$320,000Down payment (20.0%)
$1,280,000Loan before insurance
$0CMHC premium
$7,269Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,831
Property tax
$439
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,269

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

One-time closing costs

Ontario land transfer tax
$28,475
Toronto municipal land transfer tax
$28,475
Estimated closing costs
$56,950

Plus your down payment of $320,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,296/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

$769,167Total interest paid
$2,049,167Total of all payments
Principal $1,280,000 Interest $769,167
YearPrincipalInterestBalance
1$29,986$51,981$1,250,014
2$31,240$50,726$1,218,774
3$32,547$49,420$1,186,227
4$33,908$48,058$1,152,318
5$35,327$46,640$1,116,992
6$36,804$45,162$1,080,187
7$38,344$43,623$1,041,843
8$39,948$42,019$1,001,896
9$41,619$40,348$960,277
10$43,360$38,607$916,918
11$45,173$36,793$871,744
12$47,063$34,904$824,682
13$49,031$32,935$775,650
14$51,082$30,884$724,568
15$53,219$28,748$671,349
16$55,445$26,522$615,905
17$57,764$24,203$558,140
18$60,180$21,786$497,960
19$62,698$19,269$435,263
20$65,320$16,647$369,943
21$68,052$13,914$301,890
22$70,899$11,068$230,991
23$73,864$8,102$157,127
24$76,954$5,013$80,173
25$80,173$1,794$0

At the end of your 5-year term

Total paid over the term
$409,833
Principal paid down
$163,008
Interest paid
$246,825
Balance remaining
$1,116,992

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$3,150/mo
$37,800Gross annual rent
1.7%Est. cap rate

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 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.

2.4%
Gross yield
− Property tax $5,264− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,978

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

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