★ Listed & marketed by Team Asgarian

40 Snowdon Avenue, Toronto, ON

Lawrence Park North, Toronto · MLS® C13064250

$1,998,000
For Sale
Listed 78 days ago
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5Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Rarely offered 3-storey brick residence offering approximately 1,975 sq.ft. of above-grade living space on a prime 30 x 125 ft lot in the highly coveted Wanless Park / Bedford Park school district. This classic family home showcases timeless character with spacious principal rooms, hardwood flooring, fireplace, and an eat-in kitchen with walk-out to a lush, private garden setting.The upper levels feature five well-proportioned bedrooms, providing exceptional flexibility for growing families or executive living. Separate entrance to the basement offers additional potential for recreation or future customization. Private drive with detached garage completes the offering. Property benefits from approved zoning for a 4-plex, ready for permit, with proposed unit sizes ranging from approximately 900-1,400 sqft., ideal for families or long-term investors seeking premium rental product in a top-tier location. Ideally located just steps to Yonge Street, transit, parks, and top-ranked schools. A truly exclusive opportunity to live, invest, or reimagine a distinguished property in one of Toronto's most prestigious neighbourhoods ** EXTRAS** Zoning certificate and architectural drawings available upon request.

Key facts

Property type
Detached, 3-Storey
MLS®
C13064250
Bedrooms
5
Bathrooms
3
Size
1500-2000
Lot
30 × 125 ft
Cross streets
Yonge/Lawrence
Parking
1 garage · 2 parking (detached)
Driveway
Mutual
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$9,509 / 2025
Days on market
78
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Second3.00 × 3.68 m

hardwood floor · b/i closet

KitchenMain2.83 × 4.46 m

w/o to yard · breakfast area

Primary BedroomSecond4.67 × 3.53 m

walk-in closet(s) · 3 pc ensuite

Bedroom 4Third3.64 × 4.28 m

hardwood floor · b/i closet

Utility RoomBasement2.43 × 2.32 m

Separate Room

Living RoomMain3.68 × 5.38 m

hardwood floor · combined w/living · fireplace

RecreationBasement3.22 × 10.20 m

Side Door

Bedroom 3Second3.00 × 3.68 m

hardwood floor · b/i closet

Dining RoomMain3.24 × 4.96 m

hardwood floor · combined w/dining · stained glass

Bedroom 5Third3.64 × 4.28 m

hardwood floor · b/i closet

LaundryBasement3.22 × 10.20 m

Separate Room

From MoeTeam Asgarian · Listing broker

We are proud to represent this home. Our team handles every detail, the marketing, the staging, and the showings. The best way to feel what makes it special is in person, so book a private showing and I will walk you through it myself.

Highlights

  • Separate entrance / basement suite
  • Premium lot / gardens
  • Hardwood floors
  • Transit / schools nearby

Neighbourhood & location

Lawrence Park North, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

84/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St at Fairlawn Ave, about 126 m away

20+ transit stops6 grocery20+ dining20+ parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.00M
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Bedford Park Public School
88%
Bedford Park Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$9,106/mo
$375KIncome needed
5.3×Price ÷ income
$2,101Weekly cost
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $9,106Property tax $792Total carry $9,899

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,530per month

Mortgage amount $1,598,400 · 4.14% over 25 years

$399,600Down payment (20.0%)
$1,598,400Loan before insurance
$0CMHC premium
$9,322Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,530
Property tax
$792
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,322

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$36,435
Toronto municipal land transfer tax
$36,435
Estimated closing costs
$72,870

Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,360/monthPayment at the qualifying rate

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

$960,497Total interest paid
$2,558,897Total of all payments
Principal $1,598,400 Interest $960,497
YearPrincipalInterestBalance
1$37,445$64,911$1,560,955
2$39,011$63,345$1,521,944
3$40,643$61,713$1,481,301
4$42,343$60,013$1,438,958
5$44,114$58,242$1,394,843
6$45,959$56,396$1,348,884
7$47,882$54,474$1,301,002
8$49,885$52,471$1,251,117
9$51,971$50,385$1,199,146
10$54,145$48,211$1,145,001
11$56,410$45,946$1,088,591
12$58,770$43,586$1,029,821
13$61,228$41,128$968,594
14$63,789$38,567$904,805
15$66,457$35,899$838,348
16$69,237$33,119$769,111
17$72,133$30,223$696,978
18$75,150$27,206$621,828
19$78,294$24,062$543,534
20$81,568$20,787$461,966
21$84,980$17,376$376,985
22$88,535$13,821$288,451
23$92,238$10,118$196,212
24$96,096$6,259$100,116
25$100,116$2,240$0

At the end of your 5-year term

Total paid over the term
$511,779
Principal paid down
$203,557
Interest paid
$308,223
Balance remaining
$1,394,843

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
1.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.9%
Gross yield
− Property tax $9,509− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $22,733

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listed & marketed by Team Asgarian. MLS®/PropTx.

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