Main-116 Cranbrooke Avenue, Toronto, ON
Lawrence Park North, Toronto · MLS® C13511460
About this home
Top 5 Reasons You'll Want to Call 116 Cranbrooke Ave Home 1. Spectacular Architecture & Sun-Filled Living: This fabulous detached 3-storey home showcases soaring 30-foot cathedral ceilings, an abundance of natural light, and a stunning two-sided gas fireplace that creates a warm, elegant connection between the living and formal dining rooms. 2. Designed for Everyday Living & Entertaining: The spacious eat-in kitchen features granite countertops, high-end stainless steel appliances, and a walk-out to the deck and private backyard-perfect for entertaining, family gatherings, or enjoying your morning coffee. 3. A Private Primary Retreat: Escape to the entire third-floor primary suite, complete with a luxurious 4-piece ensuite, walk-out balcony, and the privacy of your own serene retreat. 4. Unbeatable Yonge & Lawrence Lifestyle: Enjoy one of Toronto's most desirable neighbourhoods, just steps to Yonge Street's vibrant shops, restaurants, cafés, grocery stores, banks, healthcare, and the subway. Legal front pad parking and a Tesla EV charger add everyday convenience. 5. Outstanding Family-Friendly SchoolsFamilies will appreciate being within the catchment for the highly regarded John Wanless Public School and Lawrence Park Collegiate Institute-two of Toronto's most sought-after public schools, making this an exceptional place to put down roots.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13511460
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Cross streets
- Yonge/Lawrence
- Parking
- 2 parking
- Driveway
- Available, Front Yard Parking
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 18
- Listing brokerage
- HOUSESIGMA INC.
Rooms
hardwood floor · overlooks backyard · hardwood floor
b/i shelves · 2 way fireplace
combined w/family · b/i appliances · eat-in kitchen
above grade window · laminate
cathedral ceiling(s) · b/i closet · w/o to balcony
cathedral ceiling(s) · hardwood floor · 2 way fireplace
hardwood floor · overlooks backyard · b/i desk
mirrored closet · hardwood floor · overlooks backyard
This home is a bit unique, so there are not enough closely comparable rentals 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 leases and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairOn 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.
On location, this is a very walkable address with everyday errands close by. Yonge St at Cranbrooke Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homes16 days longer than the Toronto average (2 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
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.
Getting around
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 Cranbrooke Ave, about 354 m away
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.
Mortgage amount $4,120 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $22
- Property tax
- $3
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26
- Toronto municipal land transfer tax
- $26
- Estimated closing costs
- $52
Plus your down payment of $1,030. 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
- $1,319
- Principal paid down
- $525
- Interest paid
- $794
- Balance remaining
- $3,595
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.