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MLS® C14147910For SaleSemi-Detached

38 Elgin Ave

Annex, Toronto, Ontario M5R 1G6

Map

Asking$6,180,000

Bedrooms: 3
Bathrooms: 5
Size: 3,500–5,000sq ft
Per sq ft: $1,454at the range’s middle
Lot: 23.5 x 136 ft
Tax a year: $29,1982025 tax year
Parking: 1none
Days on market: Members

The brief

About 38 Elgin Ave

38 Elgin Ave is a 3-bedroom, 5-bathroom semi-detached house in Annex, Toronto, listed for sale at an asking price of $6,180,000 (MLS® C14147910).

Welcome to this truly exceptional, fully renovated residence located in one of Toronto's most prestigious neighbourhood's. Just moments from the heart of Yorkville, this home offers the perfect blend of refined design, upscale finishes, and urban convenience. Completely transformed by a professional designer, the interior features a seamless open-concept layout filled with natural light and timeless elegance. The custom kitchen is a true showpiece, featuring high-end appliances, bespoke cabinetry, and a striking marble countertop island perfect for both everyday living and entertaining. Upstairs, you'll find spacious bedrooms with custom closets and spa-inspired bathrooms featuring luxurious materials and premium fixtures. The primary suite offers a tranquil escape, complete with a walk-in closet and a beautifully appointed ensuite. Located just steps from Yorkville's world-class shopping, fine dining, cultural destinations, and transit, this home delivers designer living in one of the city's most desirable locations. Fully Smart Home, Control 4.

Insights

Condition Score
Good
73/100
1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall
5/100
−$24,428/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 10 semi-detached homes with 3 bedrooms for lease in Annex right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

$6,180,000

Estimated market value

Inquire about this listing

ToKassaundra Dobson, Broker of RecordVALERY REAL ESTATE INC.

Listed by HOME STANDARDS BRICKSTONE REALTY, Brokerage. Kassaundra is not the listing agent.

The home

Key facts

Tax: $29,198 / 2025
MLS® number: C14147910
Board: TRREB MLS®
Property Type: Semi-Detached
Days on market
Size: 3500-5000 sqft
Lot Size: 23.5 x 136 ft
Listed on
Parking: None, 1 Parking

Listing brokerage: HOME STANDARDS BRICKSTONE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type: Semi-Detached
Style: 2-Storey
Community: Annex
Municipality: Toronto

Building

Size: 3500-5000 sqft
Construction: Brick

Inside

Bedrooms: 3
Bathrooms: 5
Bathroom Details: 1 × 7pc 2nd, 2 × 4pc 3rd, 1 × 2pc Main, 1 × 3pc Bsmt
Basement Type: Finished
Kitchens: 1

Parking

Driveway: Front Yard
Garage Type: None
Additional Parking: 1
Total Parking: 1

Utilities

Water: Municipal
Cooling: Central Air
Heating Type: Forced Air

Land

Sewer: Sewers
Frontage: 23.5 ft
Depth: 136 ft
Lot Size: 23.5 x 136 ft

Additional

Foundation: Concrete
Roof: Asphalt Shingle, Flat
Fireplace: Yes
Pool: None
Den: Yes
Family room: Yes
Extras: All Existing appliances and lighting fixtuews

Rooms

Room	Size	Features	Level
Living	2.74 × 4.25 m	Gas Fireplace, Pot Lights, hardwood floor	Main
Dining	2.89 × 4.59 m	hardwood floor, Pot Lights, O/Looks Living	Main
Kitchen	2.74 × 4.11 m	B/I Appliances, Centre Island, Marble Counter	Main
Primary	4.9 × 5.74 m	6 Pc Ensuite, W/I Closet, Fireplace	2nd
2nd Br	4.14 × 5.59 m	hardwood floor, 4 Pc Ensuite, W/I Closet	3rd
3rd Br	4.24 × 4.24 m	hardwood floor, 4 Pc Ensuite, W/I Closet	3rd
Family	3.25 × 4.45 m	hardwood floor, Skylight, Pot Lights	3rd
Rec	5.33 × 9.74 m	Heated Floor, Built-In Speakers, Ceramic Floor	Bsmt

Listing history

Buy/sell history for 38 Elgin Ave, 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	$6,180,000	N/A	For Sale	C14147910

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

Asking price Fixed

Interest rate

Mortgage term

Amortization

Down payment20% · $1,236,000

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: $1,236,000
Total mortgage amount: $4,944,000
Total interest payment: $3,514,500
Total purchase cost: $9,694,500
Mortgage payment: $28,195/mo

Cash Flow Analysis

If you rented this home out at 20% down

Mortgage paymentProperty tax (monthly)Rental incomeMaintenance cost

Break-even down payment

89%

Monthly carrying cost

$30,628

−$24,428per month

Rent $6,200
Shortfall $24,428

Rental income opens at $6,200, the median asking rent of 10 comparable homes for lease in Annex. 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: $140,975
Toronto municipal land transfer tax: $206,375
Total land transfer tax: $347,350
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475): −$8,475
Total for first-time buyers: $338,875

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 $2,000,000: $32,000
2.5% from $2,000,000 to $6,180,000: $104,500
Ontario total: $140,975

Toronto’s municipal tax has its own higher brackets at this price, so it adds $206,375.

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 Kassaundra Dobson, Broker of Record 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: 3,196 sq ft297 m²
Street frontage: 23.5 ft7.2 m
Depth: 136 ft41.5 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, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 9 on fileRead 2026-11-04

On record Checked, none on record

Water and conservation4

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 m19 test or monitoring holes also recorded.250 m
Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (285 records). It changes with the season and from spot to spot.500 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
97 building permits issued within 250 m in the last 2 years250 m
Nearest airport: 4.1 km4.1 km
Mapped parcel: about 3,580 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: 630 m630 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, 1.2 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 a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
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

On the Heritage Register — Part V, by-law 520-94
In the East Annex Heritage Conservation District, by-law 520-94
Not in the mapped ravine protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City 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

R (d1.0) (x471)

By-law

569-2013

Municipality

Toronto

Residential zone (R)

1 d1.0
Density: floor area is capped at 1.0 times the lot area.
2 x471
Site-specific exception 471: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(471)
4 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

5 building permits cleared at this address in the City’s file.

Building Permit Related(MS)Closed
HVAC - Proposal to construct a rear addition, interior alterations, underpinning of basement, and rear deck.
Issued April 27, 2022
Building Permit Related(PS)Closed
Plumbing - Proposal to construct a rear addition, interior alterations, underpinning of basement, and rear deck.
Issued October 6, 2020
Multiple ProjectsClosed
Proposal to construct a rear addition, interior alterations, underpinning of basement, and rear deck.
Issued October 6, 2020
Building Permit Related (DR)Closed
Drain - Proposal to construct a rear addition, interior alterations, underpinning of basement, and rear deck.
Issued October 6, 2020
Party Wall Admin PermitsClosed
Construciton of a shared wall between 36 and 38 Elgin Ave, relating to permit # 19162997 BLD 00 SR for address 36 Elgin Ave.
Issued July 10, 2019

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

Changing nearby. 6 open development applications within 800 m of this home.

200 CUMBERLAND STCondominiumUnder Review
Amendment to Approved Condo Plan. Condo Exemption process

330 m away
148 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.

330 m away
234 DAVENPORT 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.

340 m away
150 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.

340 m away
222 DAVENPORT 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.

340 m away
224 DAVENPORT 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.

340 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

Semi-detached homes for sale in Annex right now

For sale now: 18
Median asking price: $3.44M
New in 7 days: 4
Price cuts: 17%

This home is asking 79% above the median, higher than three quarters of them.

See all homes in Annex

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

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Community

Property type

The street

Map and tour

Open in maps

Transit nearby

Station	Lines	Distance
St George Station	TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth	350 m
Bay Station	TTC subway: Line 2 Bloor-Danforth	650 m
Museum Station	TTC subway: Line 1 Yonge-University	650 m
Union Station	TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train	3.2 km
Eglinton Station	TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton	3.7 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
Huron Street Junior Public SchoolToronto DSB	Public · grades JK–6	450 m	74%Grade 6 average
Jesse Ketchum Junior and Senior Public SchoolToronto DSB	Public · grades JK–8	450 m	89%Grade 6 average
Our Lady of Lourdes Catholic SchoolToronto CDSB	Catholic · grades JK–8	2 km	66%Grade 6 average
ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir	French-language Catholic · grades JK–6	2.3 km	60%Grade 6 average

Secondary	Type	Distance	Grade 9 math 2024–25
St Joseph's College SchoolToronto CDSB	Catholic · grades 9–12	1.1 km	66%Grade 9 math
Central Technical SchoolToronto DSB	Public · grades 9–12	1.3 km	34%Grade 9 math
Loretto College SchoolToronto CDSB	Catholic · grades 9–12	1.4 km	40%Grade 9 math
Collège français secondaireConseil scolaire Viamonde	French-language public · grades 9–12	1.9 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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