70 Cranbrooke Avenue, Toronto, ON
Lawrence Park North, Toronto · MLS® C13127316
About this home
Beautifully renovated detached home in the highly sought-after Lawrence Park North neighbourhood, just steps from Yonge & Lawrence. Located on a street surrounded by custom-built homes and ongoing redevelopment, this property offers a prime opportunity in a prestigious, evolving community.This charming home features three spacious bedrooms and a perfect blend of modern upgrades and timeless appeal. The main floor offers 9-foot ceilings, hardwood flooring throughout, pot lights, and a bright family room with a cozy fireplace. The dining area overlooks a private backyard, ideal for entertaining and everyday living.The updated kitchen includes newer cabinetry and appliances, along with newer window coverings throughout. The home has been freshly painted and meticulously maintained, showcasing pride of ownership.Extensively renovated within the past five years, updates include windows (2024), furnace (2024) , A/C (2021), roof, soffits, gutters, insulation (2021), upgraded electrical panel, and new front and back fencing and deck (2024). Additional features include pot lights (2024), BBQ gas line (2021), and an upgraded fireplace mantle and casing.The fully finished basement with separate entrance offers excellent additional living space, complete with pot lights, a renovated 4-piece bathroom, laundry, and a second kitchen setup with electrical stove connection, sink, and cabinetry. A second washer and dryer on the upper level adds convenience.Walking distance to subway, top-rated schools, parks, shops, and restaurants along Yonge Street. Driveway fits up to two small vehicles.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13127316
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500
- Lot
- 25 × 110 ft
- Cross streets
- Yonge St/Lawrence Ave
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,106 / 2025
- Days on market
- 70
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
4 pc bath · open concept · vinyl floor
hardwood floor · large window · fireplace
hardwood floor · b/i closet · overlooks backyard
hardwood floor · combined w/living · w/o to deck
vinyl floor · overlooks dining · above grade window
porcelain floor · large window · quartz counter
hardwood floor · double closet · large window
hardwood floor · b/i closet · overlooks backyard
Listed at $1,788,000, and my independent estimate is about 9% above what comparable homes suggest.
In Lawrence Park North lately, sellers get about 96% of asking; homes sell in ~30 days.
Total price vs nearby homes. Fair value about $1.63M, median of 18 comparables.
How this estimate is builtthe short version
I take the 18 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.51M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Lawrence Park Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Based on 18 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 6% above the area average of $1,294/sqft.
69 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Lawrence Park North, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 24, 2026); conventional rates run a little higher.
Mortgage amount $1,430,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,633
- Property tax
- $676
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,309
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,235
- Toronto municipal land transfer tax
- $32,235
- Estimated closing costs
- $64,470
Plus your down payment of $357,600. 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
- $457,989
- Principal paid down
- $182,162
- Interest paid
- $275,827
- Balance remaining
- $1,248,238
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
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 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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.