- Bedrooms
- 4
- Bathrooms
- 4
- Size
- 2,500–3,000sq ft
- Per sq ft
- $545at the range’s middle
- Lot
- 20.25 x 120.79 ft
- Tax a year
- $19,7062026 tax year
- Parking
- 44 detached
- Days on market
- Members
The brief
About 278 Avenue Rd
278 Avenue Rd is a 4-bedroom, 4-bathroom semi-detached house in Casa Loma, Toronto, listed for sale at an asking price of $1,499,000 (MLS® C14118358).
PRIME RATHNELLY LOCATION | RESIDENTIAL & COMMERCIAL ZONING | EXCEPTIONAL POTENTIAL Attention Developers, Investors & Entrepreneurs! This full three-storey brick semi-detached property offers residential and commercial zoning along this stretch of Avenue Road, presenting exciting possibilities for redevelopment, renovation, investment or a customized live/work concept. Ideally situated within walking distance of Summerhill, Yorkville and Yonge & Bloor, with convenient TTC access and approximately a 10-minute walk to Summerhill or Dupont subway stations. Just minutes from Toronto's downtown core, this is an opportunity to secure a versatile property in an established and highly desirable neighbourhood. SOLD AS IS, WHERE IS. PRICED TO SELL! Bring your vision and unlock the potential.
Insights
Condition Score
Fair56/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall7/100−$4,531/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 43 semi-detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $19,706 / 2026
- MLS® number
- C14118358
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 20.25 x 120.79 ft
- Listed on
- Parking
- 4 Detached, 4 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- 3-Storey
- Community
- Casa Loma
- Municipality
- Toronto
Building
- Size
- 2500-3000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc 2nd, 1 × 3pc 3rd, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Lane
- Garage Type
- Detached
- Garage
- 4
- Additional Parking
- 0
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 20.25 ft
- Depth
- 120.79 ft
- Lot Size
- 20.25 x 120.79 ft
Additional
- Foundation
- Stone
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- House is sold AS IS condition.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 278 Avenue Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,499,000 | N/A | For Sale | C14118358 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $299,800
- Total mortgage amount
- $1,199,200
- Total interest payment
- $852,500
- Total purchase cost
- $2,351,500
- Mortgage payment
- $6,839/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
73%Monthly carrying cost
$8,481- Rent $3,950
- Shortfall $4,531
Rental income opens at $3,950, the median asking rent of 43 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $26,455
- Toronto municipal land transfer tax
- $26,455
- Total land transfer tax
- $52,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $44,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,499,000
- $21,980
- Ontario total
- $26,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $26,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,446 sq ft227 m²
- Street frontage
- 20.25 ft6.2 m
- Depth
- 120.79 ft36.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 104 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 4.9 km4.9 km
- Mapped parcel: about 2,450 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 80 m80 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Governing Council of the University of Toronto — St George Campus, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 1.5 (c1.0; r1.0) SS2 (x1966)By-law
569-2013Municipality
Toronto1 1.5
Density: total floor area is capped at 1.5 times the lot area.
2 c1.0
Commercial floor area is capped at 1.0 times the lot area.
3 r1.0
Residential floor area is capped at 1.0 times the lot area.
4 x1966
Site-specific exception 1966: this site has rules of its own, written in the by-law.
5 SS2
Standards set 2: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(1966)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Addition(s)Response Received
Third floor solarium enclosure
Applied September 29, 2024
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
189 AVENUE RDSite planUnder Review
Site Plan Approval for an 11-storey mixed-use building containing 18 dwelling units and 400 square metres of non-residential gross floor area.
390 m away109 PEARS AVESite planUnder Review
Site Plan Approval for an 11-storey mixed-use building containing 18 dwelling units and 400 square metres of non-residential gross floor area.
390 m away111 PEARS AVESite planUnder Review
Site Plan Approval for an 11-storey mixed-use building containing 18 dwelling units and 400 square metres of non-residential gross floor area.
390 m away185 AVENUE RDSite planUnder Review
Site Plan Approval for an 11-storey mixed-use building containing 18 dwelling units and 400 square metres of non-residential gross floor area.
400 m away183 AVENUE RDSite planUnder Review
Site Plan Approval for an 11-storey mixed-use building containing 18 dwelling units and 400 square metres of non-residential gross floor area.
410 m away158 AVENUE RDSite planUnder Review
Site Plan Approval for a 38-storey mixed-use building containing 110 dwelling units and 411.8 square metres of non-residential gross floor area.
420 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Summerhill Station | TTC subway: Line 1 Yonge-University | 750 m |
| Rosedale Station | TTC subway: Line 1 Yonge-University | 800 m |
| Dupont Station | TTC subway: Line 1 Yonge-University | 850 m |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 3 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Cottingham Junior Public SchoolToronto DSB | Public · grades JK–6 | 300 m | 100%Grade 6 average |
| Brown Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 750 m | 91%Grade 6 average |
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.4 km | 82%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.5 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph's College SchoolToronto CDSB | Catholic · grades 9–12 | 1.8 km | 66%Grade 9 math |
| Loretto College SchoolToronto CDSB | Catholic · grades 9–12 | 1.8 km | 40%Grade 9 math |
| Central Technical SchoolToronto DSB | Public · grades 9–12 | 1.9 km | 34%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.5 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Casa Loma are shown to signed-in members.