278 Avenue Rd is a 4-bedroom, 3-bathroom semi-detached home in Toronto, listed for $1,499,000. It has 2500-3000 sq ft of living space.
1Ideally 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.
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.
4 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $600 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 278 Avenue Rd
Every detail from the listing, in one place.
Type
Semi-Detached
Style
3-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished
Lot & land
Lot size (sqft)
2454.17
Listing & possession
Property style
3-Storey
Property class
Semi-Detached
278 Avenue Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14118358$1,499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 278 Avenue Rd 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
$7,364
/mo
based on the purchase price of $1,499,000
$299,800 cash
$1,199,200 financed
$1,010,041 total interest
Principal54%$1,199,200
Interest46%$1,010,041
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 $1.5M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4908.8%On average, homes sold at or above asking.
Active listings12,696Homes for sale here right now.
Median vs prior 90 days+0.1%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 9,667 sales from Jul 28 – Oct 26, 2026 (6,902 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
278 Avenue Rd is listed at $1,499,000 (MLS® C14118358). Summitly updates the price as soon as the MLS® record changes.
Is $1,499,000 a good price for 278 Avenue Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 278 Avenue Rd changed?
No — 278 Avenue Rd is still listed at its original asking price of $1,499,000.
How many bedrooms and bathrooms does 278 Avenue Rd have?
278 Avenue Rd has 4 bedrooms and 3 bathrooms, with about 2,500–3,000 square feet of living space. It is a semi-detached home in Toronto.
Is 278 Avenue Rd close to transit?
The nearest rapid-transit station is Summerhill Station (Line 1), about 730 m (about a 9-minute walk) in a straight line. Dupont Station is about 810 m (about a 10-minute walk), and Rosedale Station is about 850 m (about a 11-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 278 Avenue Rd?
About $7,364 a month — principal and interest on $1,499,000 with 20% down ($299,800), 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.
How does 278 Avenue Rd compare with other homes in Toronto?
Its asking price of $1,499,000 is about 78% above the median sold price in Toronto over the last 90 days, $840,000, across 9,667 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 278 Avenue Rd been sold before?
Summitly has no earlier MLS® sale or lease of 278 Avenue Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 278 Avenue Rd?
278 Avenue Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 278 Avenue Rd been on the market?
278 Avenue Rd was listed today (October 26, 2026).
What is the price per square foot of 278 Avenue Rd?
About $500 to $600 per square foot: the asking price of $1,499,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 278 Avenue Rd have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
