27 Lyall Avenue, Toronto E02

Price: $2,299,000

7 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13190146

Truly, this is a Rare Opportunity to live on One of East Toronto's Most Storied Streets. Set on an extraordinary 50 x 125 ft lot within the coveted and close-knit community of Lyall Avenue, this grand 2.5-storey detached residence has been lovingly maintained by the same owner since the 1970's. Rich in history, character, and timeless craftsmanship, the home offers over a century of charm rarely found in homes today. Original details, generous principal rooms, soaring ceilings, rich natural wood finishes, and beautifully preserved architectural elements create a sense of warmth and authenticity throughout. With 4+3 bedrooms and an incredibly spacious layout, this is a home designed to grow with a family for generations to come. Host summer-time family BBQ's & events in the spacious backyard with the deep lot and just a wonderful place where the kids & pets can play safely. While meticulously and lovingly cared for, the property also presents an exceptional opportunity for those looking to thoughtfully update and personalize a truly significant home in one of the East End's most admired neighbourhood pockets. Located just steps to Kingston Road Village, The Y, boutique shops, cafés, parks, transit, and a quick trip to The Beach, as well as highly regarded Malvern Collegiate Institute, this is a rare chance to own a landmark property where heritage charm, community, and future potential come together in a truly special way. Let the love and treasured memories in this home continue through to your family's journey here.

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$2,299,000 - 27 Lyall Avenue, The Beaches

Detached for Sale in The Beaches

7Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13190146
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
7
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
Description

Truly, this is a Rare Opportunity to live on One of East Toronto's Most Storied Streets. Set on an extraordinary 50 x 125 ft lot within the coveted and close-knit community of Lyall Avenue, this grand 2.5-storey detached residence has been lovingly maintained by the same owner since the 1970's. Rich in history, character, and timeless craftsmanship, the home offers over a century of charm rarely found in homes today. Original details, generous principal rooms, soaring ceilings, rich natural wood finishes, and beautifully preserved architectural elements create a sense of warmth and authenticity throughout. With 4+3 bedrooms and an incredibly spacious layout, this is a home designed to grow with a family for generations to come. Host summer-time family BBQ's & events in the spacious backyard with the deep lot and just a wonderful place where the kids & pets can play safely. While meticulously and lovingly cared for, the property also presents an exceptional opportunity for those looking to thoughtfully update and personalize a truly significant home in one of the East End's most admired neighbourhood pockets. Located just steps to Kingston Road Village, The Y, boutique shops, cafés, parks, transit, and a quick trip to The Beach, as well as highly regarded Malvern Collegiate Institute, this is a rare chance to own a landmark property where heritage charm, community, and future potential come together in a truly special way. Let the love and treasured memories in this home continue through to your family's journey here.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,169.25/mo

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5-yr fixed avg.

Principal: $1,839,200Interest: $1,211,576
Mortgage Amount$1,839,200
Total Interest$1,211,576
Est. Property Tax$1,628/mo
Total Cost$3,050,776

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

27 Lyall Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$1,628
Insurance (est.)-$479
Net Cash Flow+$2,393

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1150/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    27 Lyall Avenue, The Beaches… — $2,299,000 | Battaglia Team