PH1-2 Lynwood Avenue, Toronto, ON
Casa Loma, Toronto · MLS® C12991892
About this home
There are very few penthouses in the city that offer this level of scale and architectural presence while still feeling like a private residence. This is one of them. Spanning nearly 5,000 square feet across two levels, this one of a kind residence crowns an intimate 16 suite boutique building in the heart of South Hill, conceived around this exceptional penthouse. With a layout more akin to a detached home, it offers a level of privacy rarely found in Toronto. A sculptural white staircase in Venetian plaster anchors the refined, modern interior, while matte herringbone floors add warmth throughout. The scale is striking, with a great room featuring 25 foot ceilings and an open flame fireplace, ideal for both entertaining and everyday living. Expansive windows fill the space with natural light, and the dining area and chef's kitchen connect seamlessly. A family room and main floor primary suite offer comfort and privacy. Upstairs, a library with fireplace and wet bar creates a destination space, alongside an additional bedroom suite and a separate office that could convert to a third bedroom. Renderings have also been prepared to illustrate the potential to convert a portion of the interior space into a private New York style terrace, offering a compelling vision of how outdoor living could be seamlessly integrated into the home, an increasingly rare luxury in this setting. With four car parking, concierge, and amenities including a pool and sauna, every detail is considered. Set near Yorkville, St. Clair West, and Forest Hill, the location offers exceptional convenience. But what truly sets this residence apart is its rarity, a unique opportunity to acquire nearly 5,000 square feet in a boutique setting, at a price per square foot that is difficult to replicate in today's market. Opportunities of this calibre are few and far between.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C12991892
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 4500-4749
- Cross streets
- Avenue Road and St. Clair Ave W
- Parking
- 4 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $10,412/mo
- Exposure
- South
- Property tax
- $17,872 / 2025
- Days on market
- 97
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Rooms
hardwood floor · b/i bookcase · gas fireplace
broadloom · b/i bookcase · south view
broadloom · b/i bookcase
hardwood floor · built-in speakers · combined w/sunroom
hardwood floor · b/i bookcase
marble floor · breakfast bar · stainless steel appl
broadloom · south view · his and hers closets
marble floor · built-in speakers · combined w/sunroom
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · closet · double doors
hardwood floor · gas fireplace · window floor to ceiling
This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairIts public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 1 closest active listing nearby.
See all comparable homesThis home lists 9% above the area average of $1,049/sqft.
95 days longer than the Toronto average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Casa Loma, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $4,236,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $22,605
- Property tax
- $1,489
- Condo / maintenance fees
- $10,412
- Heating
- $0
- Estimated monthly cost
- $34,506
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $118,850
- Toronto municipal land transfer tax
- $157,700
- Estimated closing costs
- $276,550
Plus your down payment of $1,059,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,356,292
- Principal paid down
- $539,456
- Interest paid
- $816,836
- Balance remaining
- $3,696,544
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.