MLS® listing
45 Mcrae Drive: detached house for sale
$1,995,000
From the listing brokerage
Welcome To This Exceptional Detached 2-Story Home On A Premium 30.58 x 120 Ft South-Facing Lot, private Drive, In Highly Coveted South Leaside! Steps To Top-Tier Schools Including Rolph Road Elementary, Bessborough Drive & Leaside High School. Enjoy Seamless Transit, Easy Commuting & The Beautiful, Vibrant Vibe of Bayview Avenue's Renowned Shops & Restaurants. Professionally Landscaped Grounds Feature Multi-Zone Irrigation & A Resort-Style Backyard W/ Inground Pool, Waterfall Accent & Custom Poolside Cabana. Double Side-Yard Sheds + Private 2-Car Drive.Sophisticated Open-Concept Main Level Features Hardwood Floors, Crown Moulding, LED Lighting & California Shutters. Cozy Wood-Burning Fireplace In Living Room Flows Into Seamless Dining Space. Chef's Kitchen Boasts Updated Cabinetry, Quartz Surfaces, 3-Seat Peninsula & Dedicated Built-In Beverage Centre.Upper Level Offers 3 Bright Bedrooms W/ Hardwood & Primary Retreat W/ Double Closet. Fully Renovated 5-Pc Spa-Like Washroom Features Dual Vanities, Frameless Glass Shower & Luxury Heated Floors. Fully Finished Lower Level Adds Massive Footprint W/ Sprawling Rec Room, Quiet Dedicated Home Office, Functional Laundry, 3-Pc Bath & Tons of Storage!We Appreciate Your Interest In This Spectacular Property and Warmly Welcome You to Experience the Perfect Blend of Luxury, Comfort, and Neighborhood Charm. Come Tour This Exceptional South Leaside Masterpiece and Discover Your Next Dream Home! Don't miss the virtual tour.
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | 2-Storey |
| Basement | Finished, Separate Entrance |
| Lot width | 30.58 |
| Lot depth | 120 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 2 |
| Garage | None |
| Heating | Water |
| Cooling | Wall Unit(s) |
| Kitchens | 1 |
| Rooms | 8 |
| Property tax | $10,911 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Bar Fridge, Carpet Free, Central Vacuum, In-Law Capability, In-Law Suite |
| Features | Fenced Yard, Library, Park, Public Transit, School, Clear View |
Listing courtesy of HOMELIFE/VISION REALTY INC.. MLS® C13842740.
About this detached house
45 Mcrae Drive is a 4 bedroom detached house in TRREB's Leaside community in Toronto, listed for sale at $1,995,000. The listing shows 2 bathrooms and 1100-1500 square feet. The style is given as 2-storey. The lot is listed as 30.58 by 120 feet. The listing gives the basement as finished, separate entrance. It comes with 2 parking spaces according to the listing. The nearest main intersection given is Bayview/Mcrae.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 45 Mcrae Drive
At the asking price of $1,995,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,995,000 |
|---|---|
| Ontario land transfer tax | $36,375 |
| Toronto municipal land transfer tax | $36,375 |
| Both taxes | $72,750 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $399,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $10,911 a year, about $909 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,995,000, which is $825,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as water.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 30.58 by 120 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Leaside
A detached-house neighbourhood along Eglinton Avenue East with three Line 5 Eglinton stations. From April to June 2026 the median sale across all property types was $1,850,000 (TRREB).
Transit: Line 5 Eglinton at Leaside, Laird and Sunnybrook Park stations, with Mount Pleasant station at the west edge. TTC buses 11 Bayview, 51 Leslie, 88 South Leaside and 124 Sunnybrook
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $1,850,000 | 63 sales, average $2,141,130 |
| Detached | About $2,500,000 | 41 sales, average about $2,675,000 |
| Semi-detached | About $1,455,000 | 10 sales, average about $1,467,000 |
| Condo apartment | About $560,000 | 11 sales, average about $702,000 |
| Freehold townhouse (TRREB att/row/townhouse) | No price reported | 1 sale |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Leaside
Is Leaside a good place to live?
That depends on your budget and how you get around. Leaside is mainly detached houses, with a median detached sale of about $2,500,000 from April to June 2026 (TRREB). It has three Line 5 Eglinton stations, a public library branch on McRae Drive and a City arena and pool on Millwood Road.
How much does a house cost in Leaside?
From April to June 2026 TRREB recorded 41 detached sales in Leaside with a median of about $2,500,000. The 10 semi-detached sales had a median of about $1,455,000.
Is Leaside on the subway?
Line 5 Eglinton has opened with Leaside, Laird and Sunnybrook Park stations along Eglinton Avenue East. Service began on February 8, 2026. Line 5 connects to Line 1 at Eglinton station, two stops west of Leaside station.
Are there condos in Leaside?
Some. TRREB recorded 11 condo apartment sales from April to June 2026 with a median of about $560,000. In the 2021 Census 8.0% of private dwellings in Leaside-Bennington were in apartment buildings of five or more storeys.
Is Leaside a heritage conservation district?
No. The City of Toronto's list of heritage conservation districts does not include a district in Leaside. Individual properties can still carry heritage designations, so check the exact address with the City.
Read the Leaside neighbourhood guide · All Leaside homes for sale
Similar homes for sale in Leaside
$1,190,00063 Thursfield Crescent, Toronto, ON M4G 2N44 bedrooms · 2 bathrooms · Semi-DetachedListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13857082
$3,589,000319 Rumsey Road, Toronto, ON M4G 1R64 bedrooms · 4 bathrooms · DetachedListed by HOMECOMFORT REALTY INC.. MLS® C13831502
$1,403,000663 Eglinton Avenue E, Toronto, ON M4G 2K34 bedrooms · 2 bathrooms · DetachedListed by RE/MAX ULTIMATE REALTY INC.. MLS® C13603582
$1,375,000153 Parkhurst Boulevard, Toronto, ON M4G 2E84 bedrooms · 2 bathrooms · Semi-DetachedListed by Signature Elite Realty Ltd.. MLS® C13847594
$1,699,000136 Glenvale Boulevard, Toronto, ON M4G 2V94 bedrooms · 2 bathrooms · Semi-DetachedListed by RE/MAX REALTRON TNS REALTY INC.. MLS® C13753894
$3,895,00038 Killdeer Crescent, Toronto, ON M4G 2W84 bedrooms · 3 bathrooms · DetachedListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13830842
Questions about 45 Mcrae Drive
How much is land transfer tax on 45 Mcrae Drive?
At the asking price of $1,995,000 the Ontario tax is $36,375 and the Toronto tax is $36,375, $72,750 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 45 Mcrae Drive?
$399,000 at the asking price of $1,995,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 45 Mcrae Drive?
The listing shows $10,911 a year for 2026, about $909 a month.
Is 45 Mcrae Drive priced above or below the median?
It is listed at $1,995,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $825,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 45 Mcrae Drive?
Use the form on this page or call us. Quote MLS® C13842740. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 45 Mcrae Drive still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). 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. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.