MLS® listing
2685 Midland Avenue: detached house for sale
$3,880,000
From the listing brokerage
Income Today Development Tomorrow! Attention Builders & Investors! Rare opportunity to acquire two adjoining deep lots in prime Agincourt: 2683 & 2685 Midland Ave, offering approximately 125 ft of combined frontage x 227 ft depth (28,395 sq ft/0.65 acres). Severance planning is underway for a proposed four-lot configuration, retaining both existing homes on Midland Ave and creating two additional lots fronting Havendale Rd. Proposed retained lots: 2685A (62.49 ft x 115 ft; approx. 7,186 sq ft) and 2683A (62.74 ft x 115 ft; approx. 7,215 sq ft). Proposed Havendale lots: 2685B and 2683B (each approx. 56 ft x 125 ft; appro 7,000 sq ft). Each newly created lot is estimated at $1M-$1.2M. Severance process is underway with an estimated 18-month timeline. All lot dimensions, values and development concepts are estimates, subject to survey, zoning, servicing and municipal approvals. Explore additional redevelopment potential under Toronto's EHON initiative, including up to six units in qualifying detached buildings under Ward 23 permissions, and townhouse or small-scale apartment options under the Major Streets framework, subject to eligibility and approvals. The two existing residential buildings offer a combined 18 bedrooms and 16 bathrooms, plus a separate draft beer and café room. Airbnb and international student accommodations generate reported average combined revenue of approximately $20,000/month. Four years of supporting income records available to qualified buyers. Seller willing to provide at least one year of transition and operational support on agreed terms. The property is being transformed into a beautiful European-style garden estate, offering established accommodation income and long-term investment potential. Close to schools, parks, shopping, transit, Agincourt GO and Hwy 401. Asking price includes both properties; separate purchases negotiable.
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | Bungalow |
| Basement | Finished |
| Lot width | 62.42 |
| Lot depth | 227 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 10 |
| Garage | Attached |
| Heating | Water |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 9 |
| Property tax | $6,900 |
| Tax year | 2025 |
| Parking | Private Double |
| Interior features | Other |
Listing courtesy of KW Living Realty. MLS® E14138002.
About this detached house
2685 Midland Avenue is an 8 bedroom detached house in TRREB's Agincourt South-Malvern West community in Toronto, listed for sale at $3,880,000. The listing shows 3 bathrooms and 1500-2000 square feet. The style is given as bungalow. The lot is listed as 62.42 by 227 feet. The listing gives the basement as finished. It comes with 10 parking spaces and an attached garage according to the listing. The nearest main intersection given is Midland Ave & Havendale Rd.
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 2685 Midland Avenue
At the asking price of $3,880,000, 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 | $3,880,000 |
|---|---|
| Ontario land transfer tax | $83,475 |
| Toronto municipal land transfer tax | $100,195 |
| Both taxes | $183,670 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $776,000 |
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. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. 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 (2025) | $6,900 a year, about $575 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 $3,880,000, which is $2,710,000 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, 62.42 by 227 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 Agincourt
A north Scarborough area of detached houses, townhouses and apartment towers around Sheppard Avenue East, with Agincourt GO on the Stouffville line. TRREB splits it into Agincourt North and Agincourt South-Malvern West.
Transit: Agincourt GO (Stouffville line) at 4100 Sheppard Avenue East; TTC buses 85 Sheppard East, 985 Sheppard East Express, 43 Kennedy, 57 Midland and 129 McCowan North; Line 2 at Kennedy station and Line 4 at Don Mills station by bus
| Property type | Median | Sales and average |
|---|---|---|
| Agincourt North, all property types | $847,500 | 45 sales, average $794,738 |
| Agincourt North, detached | About $1,085,000 | 17 sales, average about $1,074,000 |
| Agincourt North, semi-detached | About $888,000 | 4 sales, average about $860,000 |
| Agincourt North, condo townhouse | About $684,000 | 6 sales, average about $703,000 |
| Agincourt North, condo apartment | About $415,000 | 13 sales, average about $421,000 |
| Agincourt South-Malvern West, all property types | $528,000 | 62 sales, average $654,948 |
| Agincourt South-Malvern West, detached | About $990,000 | 17 sales, average about $1,041,000 |
| Agincourt South-Malvern West, condo apartment | About $445,000 | 39 sales, average about $464,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Agincourt
Is Agincourt a good place to live?
That depends on the home you need and how you travel. Agincourt has detached houses at a median of about $1,000,000 and condo apartments at a median of about $415,000 to $445,000 (TRREB, April to June 2026). It has a GO station on the Stouffville line, a City recreation centre with pools and rinks and two public library branches.
How much does a house cost in Agincourt?
From April to June 2026 TRREB recorded 17 detached sales in Agincourt North with a median of about $1,085,000 and 17 in Agincourt South-Malvern West with a median of about $990,000. Agincourt North also had 4 semi-detached sales at a median of about $888,000.
Is Agincourt on the subway?
No. The nearest subway stations are Kennedy station on Line 2 and Don Mills station on Line 4. The 43 Kennedy and 57 Midland buses run to Kennedy station. The 85 Sheppard East and 985 Sheppard East Express buses run to Don Mills station (TTC). Agincourt GO on the Stouffville line runs trains to Union Station.
Are there condos in Agincourt?
Yes. TRREB recorded 39 condo apartment sales in Agincourt South-Malvern West and 13 in Agincourt North from April to June 2026, with medians of about $445,000 and $415,000. Agincourt North also had 6 condo townhouse sales at a median of about $684,000.
Is Agincourt a heritage conservation district?
No. The City of Toronto's list of heritage conservation districts does not include a district in Agincourt. Individual properties can still be designated, so check the exact address with the City.
Read the Agincourt neighbourhood guide · All Agincourt homes for sale
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Questions about 2685 Midland Avenue
How much is land transfer tax on 2685 Midland Avenue?
At the asking price of $3,880,000 the Ontario tax is $83,475 and the Toronto tax is $100,195, $183,670 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 2685 Midland Avenue?
$776,000 at the asking price of $3,880,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 2685 Midland Avenue?
The listing shows $6,900 a year for 2025, about $575 a month.
Is 2685 Midland Avenue priced above or below the median?
It is listed at $3,880,000. 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 $2,710,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 2685 Midland Avenue?
Use the form on this page or call us. Quote MLS® E14138002. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 2685 Midland 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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