$1,499,000
Est. payment $6,637/moCalculate yours
540B Pharmacy Avenue, Toronto, ON M1L 3G6
Clairlea-Birchmount, Scarborough, ON M1L 3G6
- 4 + 2 Beds
- 5 Baths
- 1 Garage
- 2,500 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® E13876736
About this home
Welcome home to 540B Pharmacy Avenue, a contemporary detached home in Clairlea where striking architecture meets thoughtful everyday living.This 4+2 level bed, 5 bath home offers over 2600sf of above grade living area providing ample living space for a growing family, while a finished legal basement with its own entrance, kitchen and laundry adds flexibility for rental income. An interlocking driveway, built-in garage and glass-railed balcony create an impressive arrival, while warm wood flooring, expansive windows and an open-riser staircase with glass railings bring a light, modern feel indoors. The main living and dining spaces offer an inviting setting for entertaining, with 10′ ceilings, pot lights and custom shutters. At the heart of the home, a beautifully appointed kitchen features sleek white cabinetry, an oversized waterfall island, pendant lighting and premium Samsung appliances. Sliding doors open to a generous rear deck with stairs to the backyard, making outdoor dining and summer gatherings a natural extension of the kitchen. Upstairs, skylights brighten the hallway, while the primary retreat offers a walk-in closet, private rear balcony and a spa-inspired four-piece ensuite with a freestanding tub and separate glass shower. Three additional good size bedrooms, two additional bathrooms including a Jack and Jill, a second balcony and convenient upper-level laundry complete the 2nd floor The finished Legal basement with separate entrance adds valuable flexibility. A second kitchen, three-piece bathroom, its own laundry and two additional bedrooms making this space perfect for extended family or as great rental income (Currently rented at $1950/month). With schools, parks and shopping nearby, plus TTC service along Pharmacy Avenue connecting to Victoria Park Station, this home brings together contemporary style, outdoor space and everyday convenience.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 2,500 sqft
Interior
- Bedrooms
- 4 + 2
- Bathrooms
- 5
- Kitchens
- 2
- Basement
- Finished, Separate Entrance, Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Stone
- Foundation
- Poured Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25 x 102.69 Feet
- Parking
- Built-In garage · 4 total
- Zoning
- Residential
Financial
- Property Taxes
- $6,621 (2026)
Location
- Neighbourhood
- Clairlea-Birchmount
- Cross Street
- Victoria Park Ave / St. Clair Ave E
- Direction Faces
- West
Listing
- MLS® Number
- E13876736
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- Flexible
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Features
Interior
- Carpet Free
- Accessory Apartment
- Built-In Oven
- Countertop Range
- On Demand Water Heater
- Storage
Property
- School
- Public Transit
- Place Of Worship
- Park
- Fenced Yard
- Ravine
Pool
- None
- Included
- 2 Fridges, Electric Cooktop, Stove, 2 Range Hoods, Microwave Combination Wall Oven, Dishwasher, 2 Front Load Washer & Dryers, All Electrical Light Fixtures, All Window Coverings.
- Rental items
- Hot Water
Mortgage calculator
Estimated mortgage payment
$6,637 per month
- Principal and interest
- $6,637
- Property tax
- $552
- Condo fees
- $0
- Estimated monthly cost
- $7,189
Your mortgage
- Mortgage amount
- $1,199,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $791,974
Cash to close
- Down payment
- $299,800
- Land transfer tax (Ontario + Toronto)
- $52,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $352,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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