52 Third Street, Toronto, ON

New Toronto, Toronto · MLS® W13849476

$1,499,000
For Sale
Listed 18 days agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
3Bathrooms
2Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 52 Third Street, a detached New Toronto home offering approximately 1,200 sq. ft. of living space above grade, plus a finished lower level and a separate...
  • Thoughtfully designed for everyday living, the home combines flexible interior space with features that are surprisingly difficult to find in the neighbourhood...
  • The approximately 180 sq.ft. detached studio is one of the home's standout features, with electricity, ethernet, electric heat and air conditioning.
  • Located steps from Lake Ontario, waterfront parks and trails, with schools, transit, shops, restaurants and major commuter routes nearby, 52 Third Street offers an...

Welcome to 52 Third Street, a detached New Toronto home offering approximately 1,200 sq. ft. of living space above grade, plus a finished lower level and a separate conditioned studio. Thoughtfully designed for everyday living, the home combines flexible interior space with features that are surprisingly difficult to find in the neighbourhood, including private driveway parking for two vehicles, EV charging and a fully fenced, private backyard. The main floor features a welcoming foyer, well proportioned living room and a spacious kitchen with extensive cabinetry, centre island and breakfast bar. A convenient mudroom and powder room add to the everyday functionality of the space. Upstairs are three bedrooms, a full bathroom and a bright rear sunroom, offering a versatile space for a home office, reading room, playroom or quiet retreat. Above, a walkable attic with a window and electricity provides substantial storage. The finished lower level adds even more flexibility, with a room featuring an egress window that could work as a fourth bedroom or recreation space, along with an office, full bathroom, laundry and additional storage. Outside, the fully fenced backyard offers a private setting for entertaining, gardening and family life. The approximately 180 sq.ft. detached studio is one of the home's standout features, with electricity, ethernet, electric heat and air conditioning. It could serve as a home office, gym, creative studio, workshop or private retreat. There is also additional storage beneath the deck and house, storage beside the studio and a gas hookup for a BBQ. Located steps from Lake Ontario, waterfront parks and trails, with schools, transit, shops, restaurants and major commuter routes nearby, 52 Third Street offers an unusually complete combination of space, parking, privacy and flexibility in New Toronto.

Key facts

Property type
Detached, 2-Storey
MLS®
W13849476
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
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
18
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Living RoomMain3.54 × 3.39 m
BathroomMain1.28 × 1.38 m
Bedroom 3Second2.46 × 3.14 m
Primary BedroomSecond3.60 × 3.55 m
OfficeBasement2.65 × 2.92 m
BedroomBasement3.01 × 7.69 m
KitchenMain3.15 × 3.62 m
LaundryBasement2.19 × 3.44 m
Bedroom 2Second2.55 × 3.97 m
SittingSecond4.89 × 2.92 m
BathroomBasement2.51 × 2.19 m
BathroomSecond2.52 × 1.60 m
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.

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
$2.15M
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 · 0.3 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 7 more schools within 2.5 km
John English Junior Middle School · Public elementary1.3 km · 73% at standard
The Holy Trinity Catholic School · Catholic elementary1.4 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary1.4 km · 84% at standard
Twentieth Street Junior School · Public elementary1.6 km · 70% at standard
George R Gauld Junior School · Public elementary2.2 km · 73% at standard
David Hornell Junior School · Public elementary2.3 km · 68% at standard
James S Bell Junior Middle School · Public elementary2.5 km · 70% at standard

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

Affordability & Mortgage

Affordability
$6,832/mo
$275KIncome needed
5.5×Price ÷ income
$1,577Weekly cost
$52,910Land 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 $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%
$
%
4.49%
%
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)
$6,631per month

Mortgage amount $1,199,200 · 4.49% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,028Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,631
Property tax
$398
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,028

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

6.49%Qualifying rate
$8,025/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

$789,975Total interest paid
$1,989,175Total of all payments
Principal $1,199,200 Interest $789,975
YearPrincipalInterestBalance
1$26,761$52,806$1,172,439
2$27,976$51,591$1,144,463
3$29,246$50,321$1,115,217
4$30,574$48,993$1,084,642
5$31,962$47,605$1,052,680
6$33,414$46,153$1,019,266
7$34,931$44,636$984,336
8$36,517$43,050$947,819
9$38,175$41,392$909,644
10$39,908$39,659$869,736
11$41,720$37,847$828,016
12$43,614$35,953$784,402
13$45,595$33,972$738,807
14$47,665$31,902$691,142
15$49,829$29,738$641,314
16$52,091$27,476$589,222
17$54,456$25,111$534,766
18$56,929$22,638$477,837
19$59,514$20,053$418,323
20$62,216$17,351$356,107
21$65,041$14,526$291,066
22$67,994$11,573$223,072
23$71,081$8,486$151,991
24$74,309$5,258$77,682
25$77,682$1,885$0

At the end of your 5-year term

Total paid over the term
$397,835
Principal paid down
$146,520
Interest paid
$251,315
Balance remaining
$1,052,680

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
1.2%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.

1.8%
Gross yield
− Property tax $4,773− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,391

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

CallRequest a showing