39 Glengowan Road, Toronto, ON

Lawrence Park South, Toronto · MLS® C13459270

$2,699,000
For Sale
Listed 35 days ago
6Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

In a neighbourhood where families put down roots for generations, 39 Glengowan Road presents a rare opportunity to own a substantial ravine property in the heart of Lawrence Park. Surrounded by mature trees and backing onto the natural beauty of Blythwood Ravine, the setting feels remarkably private while remaining moments from the conveniences of midtown Toronto.Rich in character and curb appeal, this timeless family residence has been thoughtfully updated to complement modern living. Elegant principal rooms, abundant natural light, and beautifully proportioned spaces create a home that feels both refined and welcoming. At its centre is a well-appointed kitchen featuring premium Miele and JennAir appliances, designed to meet the demands of everyday life and effortless entertaining alike.The true distinction of this property lies beyond the walls of the home. The expansive lot has been transformed into an exceptional outdoor environment with professionally designed landscaping, granite pathways, irrigation, landscape lighting, and a rarely offered multi-sport court tucked into the ravine backdrop. It is a setting that offers children room to play, adults space to entertain, and a level of privacy seldom found in the city.Located within one of Toronto's most sought-after school districts and close to prestigious private schools, parks, transit, and the amenities of Yonge Street, 39 Glengowan Road offers the ideal balance of neighbourhood charm, natural surroundings, and sophisticated family living.

Key facts

Property type
Detached, 2-Storey
MLS®
C13459270
Bedrooms
6 (5 + 1)
Bathrooms
4 (2 half)
Size
2000-2500
Lot
50 × 130 ft
Cross streets
Mount Pleasant & Lawrence
Parking
2 garage · 4 parking (attached)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$9,569 / 2025
Days on market
35
Listing brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Rooms

Dining RoomMain3.70 × 4.73 m

hardwood floor · open concept · bow window

LaundryBasement2.66 × 4.23 m

Ceramic Floor

Primary BedroomSecond5.13 × 3.89 m

hardwood floor · walk-in closet(s) · ensuite bath

Bedroom 3Second3.58 × 4.98 m

hardwood floor · large closet · large window

KitchenMain3.77 × 5.80 m

hardwood floor · w/o to yard · quartz counter

Bedroom 2Second3.62 × 3.89 m

hardwood floor · double closet · large window

Bedroom 5Second2.86 × 4.64 m

hardwood floor · walk-in closet(s) · window

Living RoomMain7.63 × 5.44 m

hardwood floor · fireplace · bow window

RecreationBasement5.14 × 4.21 m

laminate · walk-out · ensuite bath

RecreationBasement6.97 × 4.87 m

laminate · window

Bedroom 4Second3.22 × 3.70 m

hardwood floor · large closet · large window

SittingMain3.56 × 4.04 m

hardwood floor · large window · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$2.71Mest. value

Listed at $2,699,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Lawrence Park South lately, sellers have been getting about 95% of asking and homes sell in about 29 days.

There were not many closely comparable homes right in Lawrence Park South, so I widened the search to the surrounding area.

Based on 68 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 68 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.97M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $2.33M
  • Bedrooms +$60K
  • Adjusts to $2.39M

That comparable adjusts to $2.39M; the $2.71M estimate above is the median of all 68 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$2.49MGreat deal$3.19MOverpriced

Total price vs nearby homes. Fair value about $2.71M, median of 68 comparables.

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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$2.20Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

39 Glenforest Road$2.80M88 Olsen Drive$2.49M183 Holmes Avenue$1.99M65 Foch Avenue$1.90M103 Aylesworth Avenue$1.80M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.70MThis home2.80M2.49M1.99M1.90M1.80MThis home vs active comparables
Live market pulseActive comparables in Lawrence Park South · median list $4.50M
$1,200this home / sqft
11active listings nearby
35days on market
98sold nearby · 90 days
$3.18Mmedian sold price
95%of asking, on average

This home lists 15% below the area average of $1,410/sqft.

34 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Lawrence Park South, 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.

Nearby neighbourhoods

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

Bedford Park-Nortown
$4.46M
Willowdale East
$3.00M
Danforth Village-East York
$1000K
Birchcliffe-Cliffside
$1.69M
L'Amoreaux
$1.54M

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 Lawrence Park Collegiate Institute
92%
Lawrence Park Collegiate InstitutePublic · Secondary · 1.3 km awayAmong the top in the GTA · 92% meet the provincial standard
Sunny View Junior and Senior Public SchoolEQAO results not published
Glenview Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$12,301/mo
$495KIncome needed
5.5×Price ÷ income
$2,839Weekly 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.

94%mortgage
Mortgage $12,301Property tax $797Total carry $13,099

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,522per month

Mortgage amount $2,159,200 · 4.14% over 25 years

$539,800Down payment (20.0%)
$2,159,200Loan before insurance
$0CMHC premium
$12,320Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,522
Property tax
$797
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,320

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

One-time closing costs

Ontario land transfer tax
$53,950
Toronto municipal land transfer tax
$53,950
Estimated closing costs
$107,900

Plus your down payment of $539,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,995/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

$1,297,488Total interest paid
$3,456,688Total of all payments
Principal $2,159,200 Interest $1,297,488
YearPrincipalInterestBalance
1$50,583$87,685$2,108,617
2$52,698$85,569$2,055,919
3$54,903$83,365$2,001,016
4$57,199$81,068$1,943,817
5$59,592$78,676$1,884,225
6$62,084$76,183$1,822,141
7$64,681$73,586$1,757,460
8$67,387$70,881$1,690,073
9$70,205$68,062$1,619,867
10$73,142$65,125$1,546,725
11$76,201$62,066$1,470,524
12$79,389$58,879$1,391,135
13$82,710$55,558$1,308,425
14$86,169$52,098$1,222,256
15$89,774$48,494$1,132,483
16$93,529$44,739$1,038,954
17$97,441$40,827$941,513
18$101,517$36,751$839,997
19$105,763$32,505$734,234
20$110,187$28,081$624,047
21$114,796$23,472$509,251
22$119,597$18,670$389,654
23$124,600$13,667$265,054
24$129,812$8,456$135,242
25$135,242$3,026$0

At the end of your 5-year term

Total paid over the term
$691,338
Principal paid down
$274,975
Interest paid
$416,363
Balance remaining
$1,884,225

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$4,200/mo
$50,400Gross annual rent
1.3%Est. cap rate

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 $9,569− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $33,887

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY. MLS®/PropTx.

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