39 Glenforest Road, Toronto, ON

Lawrence Park North, Toronto · MLS® C13531376

$2,949,000
For Sale
Listed 10 days ago
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5Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

Rare 2011-built detached home on a coveted 25 x 125 ft lot with a sunny south-facing backyard in Lawrence Park North. Set on a newly landscaped 25 x 125 ft. lot, this beautifully designed 4-bedroom, 4-bathroom residence offers the perfect blend of timeless elegance, modern comfort, and functional family living in one of Toronto's most desirable neighbourhoods.Thoughtfully designed for everyday living and entertaining, the main floor features spacious principal rooms, gleaming marble counters, and an open-concept family room with a walk-out to a newly built two-tier backyard deck, creating a seamless indoor-outdoor living experience. The private south facing backyard is the perfect setting for summer entertaining, family gatherings, or watching the kids play.The upper level offers four generously sized bedrooms, including a spacious primary retreat with a luxurious ensuite and ample closet space. Convenient second-floor laundry adds everyday practicality to this thoughtfully designed home.The finished lower level extends the living space with a large recreation room featuring 12 foot ceilings, a walk-out to the backyard, making it an ideal family room, children's play area, or media lounge. A separate nanny suite provides exceptional flexibility as a guest bedroom, home office, gym, or additional living space. The built-in one-car garage offers secure parking along with valuable storage.Built in 2011, this home delivers the benefits of newer construction while complementing the charm of this established neighbourhood. Ideally situated on a quiet, tree-lined street just steps from Yonge Street, you'll enjoy an exceptional walkable lifestyle with boutique shops, cafés, restaurants, parks, and everyday conveniences close by. A 4-minute walk to the Lawrence TTC station makes commuting effortless, while top-rated schools and beautiful neighbourhood parks complete the appeal of this outstanding family home.

Key facts

Property type
Detached, 2-Storey
MLS®
C13531376
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
25 × 125 ft
Cross streets
Yonge St. and Lawrence Ave. E
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$13,881 / 2026
Days on market
10
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 3Second3.14 × 2.80 m

hardwood floor · double closet · overlooks frontyard

Primary BedroomSecond4.70 × 4.14 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

OfficeLower3.23 × 3.14 m

broadloom · pot lights · window

Living RoomMain7.65 × 3.53 m

hardwood floor · combined w/dining · overlooks frontyard

RecreationLower5.57 × 4.78 m

broadloom · pot lights · w/o to yard

Bedroom 4Second3.08 × 3.04 m

hardwood floor · double closet · window

Bedroom 2Second3.90 × 2.86 m

hardwood floor · double closet · overlooks frontyard

Dining RoomMain7.65 × 3.53 m

hardwood floor · combined w/living · pot lights

Family RoomMain6.33 × 6.03 m

hardwood floor · fireplace · w/o to deck

KitchenMain3.90 × 3.01 m

hardwood floor · eat-in kitchen · centre island

Moe’s TakeTeam Asgarian · Broker
In line
$2.87Mest. value

Listed at $2,949,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.66M, a close match.

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, listed at $2.35M
  • Bedrooms +$30K
  • Adjusts to $2.38M

That comparable adjusts to $2.38M; the $2.87M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Yonge St at Glenforest Rd North Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.38MGreat deal$2.98MOverpriced

Total price vs nearby homes. Fair value about $2.87M, median of 5 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Lawrence Park North · asking prices
$2.94Mavg asking

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

7 Roslin Avenue$2.18M30 Glen Echo Avenue$3.00M200 Snowdon Avenue$3.65M

The 3 closest active listings nearby.

See all comparable homes
2.95MThis home2.18M3.00M3.65MThis home vs active comparables
Live market pulseActive comparables in Lawrence Park North · median list $2.50M
$1,311this home / sqft
6active listings nearby
10days on market

This home lists 3% above the area average of $1,275/sqft.

9 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 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 Glenforest Rd North Side, about 120 m away

20+ transit stops6 grocery20+ dining20+ parks10 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
$2.14M
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 · 0.3 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$13,441/mo
$551KIncome needed
5.4×Price ÷ income
$3,102Weekly 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 $13,441Property tax $1,157Total carry $14,597

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)
$12,590per month

Mortgage amount $2,359,200 · 4.14% over 25 years

$589,800Down payment (20.0%)
$2,359,200Loan before insurance
$0CMHC premium
$13,746Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,590
Property tax
$1,157
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,746

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

One-time closing costs

Ontario land transfer tax
$60,200
Toronto municipal land transfer tax
$60,200
Estimated closing costs
$120,400

Plus your down payment of $589,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,291/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

$1,417,670Total interest paid
$3,776,870Total of all payments
Principal $2,359,200 Interest $1,417,670
YearPrincipalInterestBalance
1$55,268$95,807$2,303,932
2$57,580$93,495$2,246,352
3$59,988$91,087$2,186,364
4$62,497$88,577$2,123,867
5$65,112$85,963$2,058,755
6$67,835$83,240$1,990,920
7$70,672$80,402$1,920,248
8$73,629$77,446$1,846,619
9$76,708$74,366$1,769,911
10$79,917$71,158$1,689,994
11$83,260$67,815$1,606,734
12$86,742$64,332$1,519,992
13$90,371$60,704$1,429,621
14$94,151$56,924$1,335,470
15$98,089$52,986$1,237,381
16$102,192$48,883$1,135,189
17$106,466$44,608$1,028,723
18$110,920$40,155$917,803
19$115,559$35,515$802,243
20$120,393$30,682$681,850
21$125,429$25,646$556,421
22$130,675$20,399$425,746
23$136,141$14,933$289,605
24$141,836$9,239$147,769
25$147,769$3,306$0

At the end of your 5-year term

Total paid over the term
$755,374
Principal paid down
$300,445
Interest paid
$454,929
Balance remaining
$2,058,755

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
1.0%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.

1.7%
Gross yield
− Property tax $13,881− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $29,575

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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