245 Florence Ave is a 4-bedroom, 3-bathroom detached home in Toronto, listed for $2,099,000. It has 2000-2500 sq ft of living space.
1Step into this bright, sun-filled home where luxury meets everyday comfort.
2A separate entranceto the basement provides excellent potential for an in-law suite or future income opportunity.Completing the home is a heated, finished garage with direct access to the mudroom for added convenience.
3BasementFinished with Walk-Out, as described in the listing.
Step into this bright, sun-filled home where luxury meets everyday comfort. The impressive mainfloor features soaring 10-foot ceilings, elegant herringbone hardwood flooring, and beautifully crafted coffered ceilings in the formal living and dining rooms, creating a sophisticated andinviting atmosphere.The spacious family-sized eat-in kitchen is designed for entertaining and everyday living,offering a large centre island, two sinks, stainless steel appliances, and an open-concept layout overlooking the family room.Walk out to your own private backyard oasis featuring a spacious deck and hot tub-perfect for relaxing or hosting family and friends.This exceptional home offers 4 generously sized bedrooms and 4 bathrooms. A separate entranceto the basement provides excellent potential for an in-law suite or future income opportunity.Completing the home is a heated, finished garage with direct access to the mudroom for added convenience.
4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $1,050 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 245 Florence Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
245 Florence Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14080424$2,099,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 245 Florence Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$10,312
/mo
based on the purchase price of $2,099,000
$419,800 cash
$1,679,200 financed
$1,414,327 total interest
Principal54%$1,679,200
Interest46%$1,414,327
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–5 bed homes for sale in Toronto around $2.1M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,074Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,410 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
245 Florence Ave is listed at $2,099,000 (MLS® C14080424). Summitly updates the price as soon as the MLS® record changes.
Is $2,099,000 a good price for 245 Florence Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 245 Florence Ave changed?
No — 245 Florence Ave is still listed at its original asking price of $2,099,000.
How many bedrooms and bathrooms does 245 Florence Ave have?
245 Florence Ave has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Toronto.
Is 245 Florence Ave close to transit?
The nearest rapid-transit station is Sheppard-Yonge Station (Line 1, Line 4), about 1.2 km (about a 15-minute walk) in a straight line. North York Centre Station is about 1.7 km (about a 22-minute walk), and York Mills Station is about 1.9 km (about a 23-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 245 Florence Ave?
About $10,312 a month — principal and interest on $2,099,000 with 20% down ($419,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 245 Florence Ave?
Yes — Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 245 Florence Ave compare with other homes in Toronto?
Its asking price of $2,099,000 is about 147% above the median sold price in Toronto over the last 90 days, $848,884, across 9,410 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 245 Florence Ave been sold before?
Summitly has no earlier MLS® sale or lease of 245 Florence Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 245 Florence Ave?
245 Florence Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 245 Florence Ave been on the market?
245 Florence Ave was listed today (October 15, 2026).
What is the price per square foot of 245 Florence Ave?
About $840 to $1,050 per square foot: the asking price of $2,099,000 over the 2,000–2,500 sq ft the listing gives as its size range.
