80 Fifth Street, Toronto, ON

New Toronto, Toronto · MLS® W13790498

$1,599,999
For Sale
Listed 33 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • This fabulous turnkey home is the definition of pride of ownership, with an exceptional level of finish & upgrades throughout.
  • Fully renovated in 2019 & continually enhanced since, it offers luxury, flexibility & indoor/outdoor living just steps to Lake Ontario on the best street in New Toronto.
  • The main level features hardwood flooring, dining banquette for comfort & clever storage & a sun-filled open-concept living area with stunning built-in shelving & a...
  • The second storey features 3 full bedrooms & bath, while the fully underpinned lower level creates a private primary sanctuary with high ceilings, custom dressing...
  • Enjoy a private, fenced backyard with a large deck for dining/BBQ & beautiful hot tub oasis.

This fabulous turnkey home is the definition of pride of ownership, with an exceptional level of finish & upgrades throughout. Fully renovated in 2019 & continually enhanced since, it offers luxury, flexibility & indoor/outdoor living just steps to Lake Ontario on the best street in New Toronto.The designer AYA kitchen, featured on HouseandHome.com, boasts an island, quartz counters & high end stainless steel appliances. The main level features hardwood flooring, dining banquette for comfort & clever storage & a sun-filled open-concept living area with stunning built-in shelving & a cozy gas fireplace. Set the mood with built-in surround sound extending to the back deck all while experiencing the ultimate comfort of radiant-floor heating throughout the home. The second storey features 3 full bedrooms & bath, while the fully underpinned lower level creates a private primary sanctuary with high ceilings, custom dressing room & a private 3-piece ensuite. Easily adaptable back to a rec room if desired + an additional bedroom, gym or storage room. Since 2021: fireplace converted to gas log set with complete chimney overhaul including a new liner, a new hot tub, electrical panel, painted garage exterior, Nest security, new kitchen lighting & custom lower-level closet/dressing room.Enjoy a private, fenced backyard with a large deck for dining/BBQ & beautiful hot tub oasis. The large heated detached garage features Gladiator cabinetry & offers potential for a garden suite house/apartment, subject to approvals. Ideal for multigenerational living, additional space or income potential.Fully insulated attic with sub-flooring, meticulous attention to detail & premium finishes throughout. Fabulous south of Lakeshore location in a family friendly neighbourhood, steps to the lake, schools, public transit & the downtown core. Simply move in & enjoy this spectacular home! Home inspection available upon request.

Key facts

Property type
Detached, 2-Storey
MLS®
W13790498
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
30 × 123 ft
Cross streets
Islington & Lake Shore
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Finished, Full, Separate Entrance
Heating
Radiant
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,901 / 2026
Days on market
33
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

LaundryBasement2.33 × 1.81 m

tile floor · porcelain sink · stone counters

KitchenMain3.87 × 3.21 m

stainless steel appl · centre island · quartz counter

KitchenMain3.87 × 3.21 m

stainless steel appl · centre island · w/o to deck

Bedroom 3Second2.78 × 2.53 m

closet · window · hardwood floor

LaundryLower2.32 × 1.81 m

tile floor · porcelain sink · stone counters

Living RoomMain5.29 × 4.88 m

fireplace · b/i shelves · hardwood floor

Primary BedroomLower5.59 × 4.35 m

walk-in closet(s) · 3 pc ensuite · built-in speakers

Bedroom 2Second3.91 × 3.02 m

closet · hardwood floor · window

Bedroom 2Second3.91 × 3.02 m

closet · window · hardwood floor

BedroomSecond3.67 × 3.66 m

hardwood floor · window · double closet

Dining RoomMain3.87 × 2.53 m

combined w/dining · open concept · hardwood floor

BedroomSecond3.69 × 3.66 m

closet organizers · window · hardwood floor

RecreationBasement5.59 × 4.36 m

hardwood floor · window · closet

BedroomBasement3.63 × 3.06 m

3 pc ensuite · closet · window

Dining RoomMain3.87 × 2.53 m

w/o to deck · combined w/living · hardwood floor

Bedroom 3Second2.78 × 2.53 m

window · closet · hardwood floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in New Toronto · asking prices
$1.28Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $901/sqft; this home lists at $1,231/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home1.50M1.30M1.05MThis home vs active comparables

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.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Leaside
$2.48M
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M

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 · 0.1 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 7 more schools within 2.5 km
The Holy Trinity Catholic School · Catholic elementary1.2 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary1.2 km · 84% at standard
Twentieth Street Junior School · Public elementary1.4 km · 70% at standard
John English Junior Middle School · Public elementary1.6 km · 73% at standard
James S Bell Junior Middle School · Public elementary2.3 km · 70% at standard
George R Gauld Junior School · Public elementary2.4 km · 73% at standard
David Hornell Junior School · Public elementary2.5 km · 68% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,292/mo
$296KIncome needed
5.4×Price ÷ income
$1,683Weekly cost
$56,950Land transfer tax, one-time (Ontario + Toronto)
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 $492Total carry $7,784

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,077per month

Mortgage amount $1,279,999 · 4.49% over 25 years

$320,000Down payment (20.0%)
$1,279,999Loan before insurance
$0CMHC premium
$7,569Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,077
Property tax
$492
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,569

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

6.49%Qualifying rate
$8,566/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

$843,201Total interest paid
$2,123,201Total of all payments
Principal $1,279,999 Interest $843,201
YearPrincipalInterestBalance
1$28,564$56,364$1,251,435
2$29,861$55,067$1,221,574
3$31,217$53,711$1,190,357
4$32,634$52,294$1,157,723
5$34,116$50,812$1,123,607
6$35,665$49,263$1,087,942
7$37,284$47,644$1,050,658
8$38,977$45,951$1,011,680
9$40,747$44,181$970,934
10$42,597$42,331$928,337
11$44,531$40,397$883,806
12$46,553$38,375$837,253
13$48,667$36,261$788,586
14$50,876$34,052$737,710
15$53,186$31,742$684,524
16$55,601$29,327$628,923
17$58,126$26,802$570,797
18$60,765$24,163$510,032
19$63,524$21,404$446,508
20$66,408$18,520$380,101
21$69,423$15,505$310,677
22$72,575$12,353$238,102
23$75,870$9,058$162,232
24$79,315$5,613$82,916
25$82,916$2,012$0

At the end of your 5-year term

Total paid over the term
$424,640
Principal paid down
$156,392
Interest paid
$268,248
Balance remaining
$1,123,607

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$2,300/mo
$27,600Gross annual rent
1.1%Cap rate after taxes and upkeep

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.

1.7%
Gross yield
− Property tax $5,901− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,263

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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