DetachedListed today

402 Salem Ave N, Toronto

Name: 402 Salem Avenue N
SKU: W14168190
Price: 4999000 CAD
Availability: InStock

Toronto, ON · M6H 3E1 · MLS® W14168190Updated November 10, 2026

$4,999,000Est. $24,559/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 3500–5000sq ft
Parking spaces: 4

Type Detached
Garage Yes
Basement None

What you should know

402 Salem Ave N is a 3-bedroom, 2-bathroom detached home in Toronto, listed for $4,999,000. It has 3500-5000 sq ft of living space.

An elevator connects all three levels, effortlessly marrying design with everyday luxury.The spectacular second-floor living space celebrates the art of entertaining, with dedicated areas to live, listen, cook and dine.
A showpiece chef's kitchen features Italian appliances, invisible induction cooking, exquisite Japanese tilework and an oversized island.
An opportunity to live within a work of art.

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3 Bed, 2 Bath Detached Home in Toronto

About 402 Salem Avenue North

402 Salem Avenue North | A Singular Expression of Art, Architecture & Design More than a home, a living work of art. Conceived and realized by the acclaimed interior design firm Cecconi Simone, 402 Salem Avenue North offers an extraordinary opportunity to own a truly singular piece of Canadian design.Completed in 2023, this remarkable architectural transformation reimagines a former industrial building as a sophisticated, three-level urban sanctuary where sculptural form, exceptional craftsmanship and uncompromising attention to detail converge.Floating architectural steel staircases, industrial fluted-glass doors, expansive windows and bespoke EuroWood millwork establish a striking aesthetic. An elevator connects all three levels, effortlessly marrying design with everyday luxury.The spectacular second-floor living space celebrates the art of entertaining, with dedicated areas to live, listen, cook and dine. A showpiece chef's kitchen features Italian appliances, invisible induction cooking, exquisite Japanese tilework and an oversized island. Three beautifully appointed bedrooms include a serene ground-floor primary retreat opening to a private courtyard, complete with an indulgent spa-inspired ensuite and dressing room.Crowning the residence, an exceptional south-facing rooftop terrace overlooks neighbouring Bartlett Parkette, featuring a gas fire bowl and fully equipped entertaining servery. Mature parkland maples provide an ever-changing natural backdrop, creating a rare connection between architecture and nature.A two-car garage with EV charging, integrated audio, smart-home technology and custom lighting complete this extraordinary offering.Steps to the celebrated Geary Avenue arts and culinary district, yet wonderfully private and peaceful.An irreplaceable residence. An inspired vision. An opportunity to live within a work of art.

3 bedrooms, 2 bathrooms, about 3,500 sq ft, works out to roughly $1,428 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 402 Salem Ave N

Every detail from the listing, in one place.

Type: Detached
Style: 3-Storey
Living space: 3500-5000 sq ftas stated on the listing
Parking: 4 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 4

Interior

Basement: None

Lot & land

Lot size (sqft): 3977

Listing & possession

Property style: 3-Storey
Property class: Detached

402 Salem Ave N Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 10, 2026For saleListedThis listingMLS® W14168190$4,999,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 402 Salem Ave N Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 16,058 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,084,396
Average days on market: 32
Homes sold: 9,205

Closed sales on the TRREB MLS®.

Full Toronto market report

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home402 Salem Avenue N 3 bd · 2 ba · 3,500 sqft	$4,999,000asking	$1,428	—	—
568 Cummer Avenue 4 bd · 3 ba · 2,000 sqft
36A Doverwood Court 4 bd · 4 ba · 2,500 sqft
34 Elliotwood Court 4 bd · 4 ba · 2,500 sqft
516 Douglas Avenue 5 bd · 5 ba · 3,500 sqft
60 Manor Road 3 bd · 1 ba · 1,100 sqft
35 Langevin Crescent 4 bd · 1 ba · 1,500 sqft

568 Cummer Avenue
4 bd · 3 ba · 2,000 sqft
36A Doverwood Court
4 bd · 4 ba · 2,500 sqft
34 Elliotwood Court
4 bd · 4 ba · 2,500 sqft
516 Douglas Avenue
5 bd · 5 ba · 3,500 sqft
60 Manor Road
3 bd · 1 ba · 1,100 sqft
35 Langevin Crescent
4 bd · 1 ba · 1,500 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 402 Salem Ave N

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $24,559; 20% down · 25 years · 5.5% assumed
Property tax: $2,749; 0.66% mill rate · ON
Total per month: $27,308; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$24,559

/mo

based on the purchase price of $4,999,000

Down payment20%

$999,800 cash

Amortization25 yr

$3,999,200 financed

Rate5.50%

$3,368,376 total interest

Principal54%$3,999,200

Interest46%$3,368,376

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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Listing brokerage: CORCORAN HORIZON REALTY, BrokerageMLS® W14168190 · Listing data last updated November 10, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Nov 9· $1,428/sq ft

Estimated monthly mortgage$24,559/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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