MLS® listing
58 Franklin Avenue: detached house for sale
$908,888
From the listing brokerage
First time offered in over 45 years. At 864 sq ft plus a finished basement, this efficient floorplan is more functional than you'd expect, with a living and dining room, 2 bedrooms, 2 full washrooms and a 3-season sunroom. The interior has been freshly painted throughout (2026). The finished rec room features a wood-burning fireplace, a built-in bar and two large windows. Built to last, with full concrete block construction and approx. 7 inches of concrete between levels. Parking for up to 4 cars in total on the property. This home comes with a detached double car garage that is ideal for hobbies, extra storage or parking. Located in Lansing-Westgate, a short walk to Yonge Street shops and restaurants, with easy 401 access and close to Yonge/Sheppard subway. Book your showing today.
Facts on the listing
| Square feet | 700-1100 |
|---|---|
| Approximate age | 51-99 |
| Style | Bungalow-Raised |
| Basement | Full, Finished |
| Lot width | 37.5 |
| Lot depth | 130 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 4 |
| Garage | Detached |
| Heating | Radiant |
| Cooling | Wall Unit(s) |
| Kitchens | 1 |
| Property tax | $7,727 |
| Tax year | 2026 |
| Parking | Mutual, Right Of Way, Private |
| Interior features | Auto Garage Door Remote, Bar Fridge, Central Vacuum, Primary Bedroom - Main Floor, Storage |
| Features | Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Library |
Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS® C14099448.
About this detached house
58 Franklin Avenue is a 2 bedroom detached house in TRREB's Lansing-Westgate community in Toronto, listed for sale at $908,888. The listing shows 2 bathrooms and 700-1100 square feet. The style is given as bungalow-raised. The lot is listed as 37.5 by 130 feet. The listing gives the basement as full, finished. It comes with 4 parking spaces and a detached garage according to the listing. The nearest main intersection given is Yonge St/ Sheppard Ave W (Yonge / Florence Ave). The age is listed as 51-99 years.
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 58 Franklin Avenue
At the asking price of $908,888, 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 | $908,888 |
|---|---|
| Ontario land transfer tax | $14,653 |
| Toronto municipal land transfer tax | $14,653 |
| Both taxes | $29,306 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $65,889 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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) | $7,727 a year, about $644 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 $908,888, which is $261,112 below 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 radiant.
- 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, 37.5 by 130 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.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 58 Franklin Avenue
How much is land transfer tax on 58 Franklin Avenue?
At the asking price of $908,888 the Ontario tax is $14,653 and the Toronto tax is $14,653, $29,306 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 58 Franklin Avenue?
$65,889 at the asking price of $908,888, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 58 Franklin Avenue?
The listing shows $7,727 a year for 2026, about $644 a month.
Is 58 Franklin Avenue priced above or below the median?
It is listed at $908,888. 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 $261,112 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 58 Franklin Avenue?
Use the form on this page or call us. Quote MLS® C14099448. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 58 Franklin Avenue 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.
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