Build your dream home on this 40 foot lot on one of Cedarvale's most desirable streets. Located at the corner of Hill Place and Avenal, the property lends itself to an array of architectural design possibilities. Literally steps to both Beth Tzedec and Holy Blossom synagogues, Cedarvale Ravine, Cedarvale public school , Leo Baeck, and Robbins Hebrew Academy. Walk over to Glen Cedar Park and then head north to Eglinton shops and restaurants. Quick access to TTC, LRT and Allen Expressway. Same owner for 63 years.
4 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $2,857 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 38 Avenal Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
< 700 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
38 Avenal Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14140196$1,999,918
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Avenal Dr 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
$9,825
/mo
based on the purchase price of $1,999,918
$399,984 cash
$1,599,934 financed
$1,347,564 total interest
Principal54%$1,599,934
Interest46%$1,347,564
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.
For homeowners nearby
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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 3–4 bed homes for sale in Toronto around $2.0M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5042.3%On average, homes sold at or above asking.
Active listings12,308Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 6 – Aug 4, 2026: prices up.
Based on 9,406 sales from Aug 4 – Nov 2, 2026 (7,002 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 38 Avenal Dr
How much is 38 Avenal Dr listed for?
38 Avenal Dr is listed at $1,999,918 (MLS® C14140196). Summitly updates the price as soon as the MLS® record changes.
Is $1,999,918 a good price for 38 Avenal Dr?
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 38 Avenal Dr changed?
No — 38 Avenal Dr is still listed at its original asking price of $1,999,918.
How many bedrooms and bathrooms does 38 Avenal Dr have?
38 Avenal Dr has 4 bedrooms and 2 bathrooms, with about 700 square feet of living space. It is a detached home in Toronto.
How much would the monthly mortgage be on 38 Avenal Dr?
About $9,825 a month — principal and interest on $1,999,918 with 20% down ($399,984), 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 38 Avenal Dr compare with other homes in Toronto?
Its asking price of $1,999,918 is about 137% above the median sold price in Toronto over the last 90 days, $845,000, across 9,406 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 38 Avenal Dr been sold before?
Summitly has no earlier MLS® sale or lease of 38 Avenal Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Avenal Dr?
38 Avenal Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Avenal Dr been on the market?
38 Avenal Dr was listed today (November 2, 2026).
What is the price per square foot of 38 Avenal Dr?
About $2,857 per square foot: the asking price of $1,999,918 over the 700 sq ft the listing gives.
Does 38 Avenal Dr have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 38 Avenal Dr have a basement, and is it finished?
