300 Lake Promenade, Toronto, ON

Long Branch, Toronto · MLS® W13799608

$3,099,000
For Sale
Listed 32 days agoNo offer date stated
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4Bedrooms
4Bathrooms
6Parking
2500-3000Sq ft

About this home

In short

  • Incredibly rare sprawling bungalow with unobstructed panoramic views of Lake Ontario & a legal guest house offering excellent potential for supplemental rental income.
  • The foyer features heated marble floors, vaulted ceilings, built-in cabinetry and custom millwork.
  • The living room offers hardwood floors, vaulted ceilings, double-sided gas fireplace & custom built-ins, with sliders opening to the stone patio with lake & park views.
  • Primary bedroom includes hardwood floors, vaulted ceilings, a gas fireplace & large windows overlooking the lake and park.
  • The legal guest house offers excellent flexibility with in-floor heating, vaulted ceilings, gas fireplace & patio access, plus a full kitchen, bedroom, 4 piece...

Incredibly rare sprawling bungalow with unobstructed panoramic views of Lake Ontario & a legal guest house offering excellent potential for supplemental rental income. Completely reimagined by architect & former owner David Cody, this 2,574 sq. ft. residence was thoughtfully designed to embrace its exceptional waterfront setting, offering a remarkable sense of comfort, privacy & tranquility by the lake. The foyer features heated marble floors, vaulted ceilings, built-in cabinetry and custom millwork. The living room offers hardwood floors, vaulted ceilings, double-sided gas fireplace & custom built-ins, with sliders opening to the stone patio with lake & park views. The gourmet chef's kitchen features custom cabinetry, quartz counters, large island with bar seating , & premium Monogram GE, Sub-Zero & Bosch appliances. The adjoining dining area offers direct patio access and expansive park & waterfront views. Primary bedroom includes hardwood floors, vaulted ceilings, a gas fireplace & large windows overlooking the lake and park. The four-piece ensuite offers heated floors, a stone-topped vanity & walk-in closet with built-in organizers. A second bedroom or den features built-in cabinetry, a walk-in closet and walkout to the side yard, deck and hot tub. A front bedroom can be paired with the adjacent four-piece bathroom to create a private guest area. The legal guest house offers excellent flexibility with in-floor heating, vaulted ceilings, gas fireplace & patio access, plus a full kitchen, bedroom, 4 piece bathroom & in-suite laundry. Outside, mature landscaping surrounds an expansive stone patio with pergola & gazebo, all positioned to enjoy panoramic Lake Ontario views. The private side yard includes a deck with pergola and hot tub, plus a large insulated storage building. Two interlock driveways provide ample parking & separate guest house access. A truly unique opportunity combining thoughtful architecture, flexible living and uninterrupted Lake Ontario views.

Key facts

Property type
Detached, Bungalow
MLS®
W13799608
Bedrooms
4
Bathrooms
4
Size
2500-3000 sq ft
Lot
117.67 × 65.1 ft
Cross streets
Lake Promenade and Thirty Sixth St
Parking
6 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Fibreglass Shingle
Sewer
Sewer
Property tax
$8,770 / 2026
Days on market
32
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

BathroomMain2.39 × 1.85 m

3 pc bath · heated floor · pedestal sink

Primary BedroomMain5.00 × 3.53 m

hardwood floor · vaulted ceiling(s) · gas fireplace

BathroomMain2.29 × 1.68 m

4 pc bath · heated floor · pedestal sink

FoyerMain4.42 × 2.08 m

heated floor · vaulted ceiling(s) · crown moulding

Bedroom 2Main4.01 × 3.15 m

hardwood floor · walk-in closet(s) · w/o to deck

Bedroom 4Main3.28 × 2.90 m

hardwood floor · large window · double closet

BathroomMain1.85 × 1.50 m

hardwood floor · window

Dining RoomMain4.14 × 3.02 m

hardwood floor · vaulted ceiling(s) · w/o to patio

Bedroom 3Main3.73 × 3.48 m

hardwood floor · vaulted ceiling(s) · crown moulding

Living RoomMain6.71 × 3.68 m

hardwood floor · vaulted ceiling(s) · 2 way fireplace

Utility RoomMain2.16 × 2.08 m
KitchenMain4.19 × 3.68 m

hardwood floor · quartz counter · 2 way fireplace

BathroomMain2.57 × 2.21 m

4 pc ensuite · heated floor · vaulted ceiling(s)

Living RoomMain4.88 × 3.71 m

hardwood floor · vaulted ceiling(s) · gas fireplace

LaundryMain3.51 × 1.42 m

laundry sink · tile floor

KitchenMain3.00 × 1.50 m

hardwood floor · stainless steel appl · double sink

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 James S Bell Junior Middle 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 Long Branch · asking prices
$2.15Mavg 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 $910/sqft; this home lists at $1,127/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
3.10MThis home1.95M2.70M1.73M2.70M1.65MThis home vs active comparables

Neighbourhood & location

Long Branch, 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
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 James S Bell Junior Middle School
70%
James S Bell Junior Middle SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 5 more schools within 2.5 km
St Josaphat Catholic School · Catholic elementary0.8 km · 45% at standard
Twentieth Street Junior School · Public elementary1.6 km · 70% at standard
Father John Redmond Catholic Secondary School · Catholic secondary1.6 km · 84% at standard
Sir Adam Beck Junior School · Public elementary1.8 km · 86% at standard
Lanor Junior Middle School · Public elementary2.5 km · 79% at standard

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

Affordability & Mortgage

Affordability
$14,124/mo
$561KIncome needed
5.5×Price ÷ income
$3,259Weekly cost
$128,890Land 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.

95%mortgage
Mortgage $14,124Property tax $731Total carry $14,855

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,708per month

Mortgage amount $2,479,200 · 4.49% over 25 years

$619,800Down payment (20.0%)
$2,479,200Loan before insurance
$0CMHC premium
$14,439Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,708
Property tax
$731
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,439

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

One-time closing costs

Ontario land transfer tax
$63,950
Toronto municipal land transfer tax
$64,940
Estimated closing costs
$128,890

Plus your down payment of $619,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,591/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

$1,633,177Total interest paid
$4,112,377Total of all payments
Principal $2,479,200 Interest $1,633,177
YearPrincipalInterestBalance
1$55,325$109,170$2,423,875
2$57,837$106,658$2,366,038
3$60,463$104,032$2,305,574
4$63,208$101,287$2,242,366
5$66,078$98,417$2,176,288
6$69,079$95,416$2,107,209
7$72,215$92,280$2,034,994
8$75,494$89,001$1,959,500
9$78,922$85,573$1,880,578
10$82,505$81,990$1,798,073
11$86,251$78,244$1,711,822
12$90,167$74,328$1,621,655
13$94,261$70,234$1,527,394
14$98,541$65,954$1,428,853
15$103,015$61,480$1,325,838
16$107,692$56,803$1,218,145
17$112,582$51,913$1,105,563
18$117,694$46,801$987,869
19$123,038$41,457$864,832
20$128,624$35,871$736,208
21$134,464$30,031$601,744
22$140,569$23,926$461,174
23$146,952$17,543$314,223
24$153,624$10,871$160,599
25$160,599$3,896$0

At the end of your 5-year term

Total paid over the term
$822,475
Principal paid down
$302,912
Interest paid
$519,563
Balance remaining
$2,176,288

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$5,250/mo
$63,000Gross annual rent
1.5%Cap rate after taxes and upkeep

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.

2.0%
Gross yield
− Property tax $8,770− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,900

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage. MLS®/PropTx.

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