220 Falstaff Avenue, Toronto, ON

Maple Leaf, Toronto · MLS® W13802044

$1,880,000
For Sale
Listed 11 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Exceptional Luxury Living in Prestigious North York.
  • Offering approximately 3600+sq.ft above, Extra 1000 sq.ft in walk-up basement.
  • Beautifully finished living space, this exceptional home features a thoughtfully designed layout with 4+1 spacious bedrooms and 3+1 bathrooms.
  • The spectacular oversized gourmet kitchen is truly the heart of the home, featuring premium KitchenAid appliances, abundant cabinetry, expansive countertops, and an...
  • The fully finished basement features upgraded in-floor Heating for enhanced comfort.

Exceptional Luxury Living in Prestigious North York! Welcome to this stunning residence nestled in a quiet and desirable North York community, Keels / 401, where timeless elegance meets modern luxury. Offering approximately 3600+sq.ft above, Extra 1000 sq.ft in walk-up basement. Beautifully finished living space, this exceptional home features a thoughtfully designed layout with 4+1 spacious bedrooms and 3+1 bathrooms. The spectacular oversized gourmet kitchen is truly the heart of the home, featuring premium KitchenAid appliances, abundant cabinetry, expansive countertops, and an ideal layout for both sophisticated entertaining and everyday family living. The fully finished basement features upgraded in-floor Heating for enhanced comfort. It provides an impressive extension of the living space, complete with an additional bedroom and full bathroom-perfect for guests, extended family, or a private luxury retreat. Every detail has been thoughtfully designed to create an atmosphere of comfort, elegance, and exceptional functionality. A rare opportunity to experience elevated North York living in a peaceful and prestigious setting. Simply move in and enjoy.

Key facts

Property type
Detached, 2-Storey
MLS®
W13802044
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
50.06 × 130.27 ft
Cross streets
Keele/401
Parking
2 garage · 6 parking (detached)
Basement
Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Front
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,244 / 2026
Days on market
11
Listing brokerage
AVION REALTY INC.

Rooms

Bedroom 5Basement4.26 × 3.04 m

heated floor · california shutters · b/i closet

Bedroom 4Second5.36 × 4.75 m

hardwood floor · closet organizers · california shutters

RecreationBasement9.78 × 6.03 m

w/o to yard · heated floor · wet bar

Bedroom 3Second3.65 × 4.15 m

california shutters · hardwood floor · large window

KitchenMain5.69 × 5.63 m

w/o to deck · centre island · tile floor

Dining RoomMain3.31 × 4.87 m

large window · hardwood floor · combined w/living

Primary BedroomSecond6.18 × 4.45 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Family RoomMain5.67 × 4.87 m

coffered ceiling(s) · hardwood floor · fireplace insert

OfficeMain3.65 × 2.47 m

b/i shelves · hardwood floor · california shutters

Bedroom 2Second6.06 × 3.96 m

3 pc ensuite · walk-in closet(s) · hardwood floor

BathroomBasement2.70 × 1.52 m

3 pc bath · led lighting

Living RoomMain4.00 × 4.87 m

hardwood floor · pot lights · fireplace insert

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.83Mlikely sale price

Listed at $1,880,000. Going by how homes in Maple Leaf and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.83M, if it sells. A realistic range is $1.72M to $2.06M.

Independent value check: $1.95M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $1.82M and $2.04M).

Why $1.95M. The typical detached home sold in Maple Leaf over the past year went for about $1.10M (39 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $10,244 a year; the typical home sold here pays about $5,300.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 3+1 and 2 typically.
List price
$1.72MBelow recent closings$2.06MAbove recent closings

Total price vs nearby homes. Likely closing about $1.83M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.14Mmedian sold price
95%of asking, on average
−9%prices vs a year ago
~47 dayshomes like this take to sell
11days on market so far
$5,941/moest. rent · 19 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 5 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $442/sqft against an area asking average of $667/sqft.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.86M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Weston Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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

Based on 10 comparable homes that sold in Maple Leaf over the past two years, from 72 closings there.

What sellers nearby are askingCurrently listed nearby in Maple Leaf · asking prices
$2.62Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.95M, which is where my estimate comes from.

Per square foot, these ask about $673/sqft; this home lists at $442/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.88MThis home2.40M2.95M2.50MThis home vs active comparables

Neighbourhood & location

Maple Leaf, 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.

Willowdale West
$1.30M
High Park-Swansea
$2.20M
St. Andrew-Windfields
$8.80M
Islington-City Centre West
$1.32M
Banbury-Don Mills
$2.12M

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 Maple Leaf Public School
42%
Maple Leaf Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 42% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Highview Public School · Public elementary0.6 km · 51% at standard
Pierre Laporte Middle School · Public elementary0.7 km · 71% at standard
St Francis Xavier Catholic School · Catholic elementary1.0 km · 64% at standard
Chaminade College School · Catholic secondary1.0 km · 66% at standard
Gracefield Public School · Public elementary1.1 km · 29% at standard
St Raphael Catholic School · Catholic elementary1.1 km · 76% at standard
Amesbury Middle School · Public elementary1.2 km · 42% at standard
Tumpane Public School · Public elementary1.3 km · 55% at standard
St Conrad Catholic School · Catholic elementary1.3 km · 72% at standard
Downsview Public School · Public elementary1.6 km · 70% at standard
Madonna Catholic Secondary School · Catholic secondary1.6 km · 60% at standard
Downsview Secondary School · Public secondary1.7 km · 42% at standard

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

Affordability & Mortgage

Affordability
$8,568/mo
$357KIncome needed
5.3×Price ÷ income
$1,977Weekly cost
$68,150Land 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.

91%mortgage
Mortgage $8,568Property tax $854Total carry $9,422

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 September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,316per month

Mortgage amount $1,504,000 · 4.49% over 25 years

$376,000Down payment (20.0%)
$1,504,000Loan before insurance
$0CMHC premium
$9,170Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,316
Property tax
$854
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,170

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

One-time closing costs

Ontario land transfer tax
$34,075
Toronto municipal land transfer tax
$34,075
Estimated closing costs
$68,150

Plus your down payment of $376,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,065/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

$990,762Total interest paid
$2,494,762Total of all payments
Principal $1,504,000 Interest $990,762
YearPrincipalInterestBalance
1$33,563$66,228$1,470,437
2$35,087$64,704$1,435,350
3$36,680$63,111$1,398,671
4$38,345$61,445$1,360,325
5$40,086$59,704$1,320,239
6$41,906$57,884$1,278,333
7$43,809$55,981$1,234,524
8$45,798$53,992$1,188,725
9$47,878$51,913$1,140,848
10$50,051$49,739$1,090,796
11$52,324$47,467$1,038,472
12$54,700$45,091$983,773
13$57,183$42,607$926,589
14$59,780$40,011$866,810
15$62,494$37,297$804,316
16$65,331$34,459$738,984
17$68,298$31,493$670,687
18$71,399$28,392$599,288
19$74,640$25,150$524,648
20$78,029$21,761$446,618
21$81,572$18,218$365,046
22$85,276$14,515$279,770
23$89,148$10,643$190,622
24$93,195$6,595$97,427
25$97,427$2,364$0

At the end of your 5-year term

Total paid over the term
$498,952
Principal paid down
$183,761
Interest paid
$315,191
Balance remaining
$1,320,239

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
From 19 whole-home leases in Maple Leaf$5,941/mo
$71,292Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,823 to $7,643Typical rent range

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

Talk about the numbers

The last 19 whole-home leases in Maple Leaf signed at a median of $4,086 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,941. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $10,244− Insurance $1,400− Vacancy & upkeep $7,842Net operating income $51,806

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

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