1396 Mount Pleasant Road, Toronto, ON

Lawrence Park South, Toronto · MLS® C13577280

$1,995,000
For Sale
Just listed today
4Bedrooms
3Bathrooms
1Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome to this Beautifully Renovated 2 1/2 Storey Family Home in the Heart of Lawrence Park. Situated on a premium 41 frontage lot with a private driveway and a beautiful Sunfilled Pool size yard. This Home boasts a Beautifully Renovated Kitchen (2024) complete with quartz countertops, new stainless steel appliances, new flooring throughout the main level (2024). The Formal Dining Room walks out to an enclosed sunroom, providing a bright and versatile space ideal for relaxing, entertaining, or keeping an eye on the children at play. The second floor offers 3 spacious bedrooms each with large picture windows and ample closet space along with a 5pc Renovated bathroom (2024). The private third-floor retreat features a fourth bedroom with a walk-in closet and picture windows, a dedicated home office, and a 3-piece ensuite bathroom, creating an ideal space for added comfort and privacy. The finished basement, complete with a separate side entrance, includes a large recreation room with built-in shelving, new carpeting (2025), pot lights, and windows for natural light. Additional lower-level features include a 4-piece bathroom, a versatile workshop/storage area, and a spacious laundry room with utility sink and shelving. Recent improvements include newly installed stone flooring at the front porch entrance significant electrical upgrades, a newer roof (2015), and air conditioning (2015). Ideally located near parks, recreational facilities, and some of Toronto's top-rated schools, including Bedford Park Public School and Lawrence Park Collegiate Institute, this home is just minutes from Yonge Street, transit, shopping, and local amenities. Nestled on a quiet and peaceful street surrounded by multi-million-dollar homes, this remarkable property offers an outstanding opportunity to enjoy family living in one of Toronto's most prestigious and sought-after neighbourhoods.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
C13577280
Bedrooms
4
Bathrooms
3
Size
1500-2000
Lot
41 × 131 ft
Cross streets
Lawrence Ave E & Yonge St
Parking
1 garage · 4 parking (detached)
Driveway
Private
Basement
Finished
Heating
Radiant
A/C
Other
Exterior
Brick
Foundation
Brick
Roof
Shingles, Unknown
Sewer
Sewer
Property tax
$10,182 / 2025
Listing brokerage
MCCANN REALTY GROUP LTD.

Rooms

RecreationLower3.75 × 7.03 m

broadloom · b/i shelves · pot lights

WorkshopLower4.37 × 5.29 m

Window

SunroomMain2.02 × 2.75 m

enclosed · picture window · tile floor

Dining RoomMain3.92 × 3.58 m

w/o to sunroom · hardwood floor · closet

Bedroom 4Third4.03 × 3.41 m

3 pc ensuite · hardwood floor · closet

KitchenMain3.03 × 4.37 m

stainless steel appl · quartz counter · hardwood floor

Bedroom 2Second3.92 × 3.40 m

hardwood floor · window · closet

Primary BedroomSecond5.07 × 3.57 m

his and hers closets · window · hardwood floor

OfficeThird2.68 × 1.84 m

open concept · hardwood floor

Bedroom 3Second3.06 × 4.29 m

hardwood floor · window · closet

LaundryLower2.06 × 4.33 m

Window

OfficeMain2.32 × 3.88 m

hardwood floor · window

Living RoomMain4.70 × 5.32 m

hardwood floor · fireplace · bay window

Listing history

  1. Jun 4, 2026Listed$1,995,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.32Mest. value

Listed at $1,995,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.29M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.70M
  • Adjusts to $1.70M

That comparable adjusts to $1.70M; the $2.32M estimate above is the median of all 20 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. MT Pleasant Rd at Lawrence Cres is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.97MGreat deal$2.87MOverpriced

Total price vs nearby homes. Fair value about $2.32M, median of 20 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Lawrence Park South · asking prices
$2.33Mavg asking

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

310 Glencairn Avenue$2.00M108 Albertus Avenue$1.70M428 Briar Hill Avenue$2.17M1 Wanless Crescent$2.89M19 Strathgowan Crescent$2.89M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.00MThis home2.00M1.70M2.17M2.89M2.89MThis home vs active comparables
Live market pulseActive comparables in Lawrence Park South · median list $3.00M
$1,140this home / sqft
21active listings nearby

This home lists 17% below the area average of $1,380/sqft.

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.

Getting around

76/ 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: MT Pleasant Rd at Lawrence Cres, about 27 m away

20+ transit stops6 grocery20+ dining20+ parks8 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
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K
Cliffcrest
$1.51M

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
$9,093/mo
$377KIncome needed
5.3×Price ÷ income
$2,098Weekly 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.

91%mortgage
Mortgage $9,093Property tax $849Total carry $9,941

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)
$8,517per month

Mortgage amount $1,596,000 · 4.14% over 25 years

$399,000Down payment (20.0%)
$1,596,000Loan before insurance
$0CMHC premium
$9,365Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,517
Property tax
$849
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,365

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

One-time closing costs

Ontario land transfer tax
$36,375
Toronto municipal land transfer tax
$36,375
Estimated closing costs
$72,750

Plus your down payment of $399,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,345/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

$959,055Total interest paid
$2,555,055Total of all payments
Principal $1,596,000 Interest $959,055
YearPrincipalInterestBalance
1$37,389$64,813$1,558,611
2$38,953$63,249$1,519,659
3$40,582$61,620$1,479,077
4$42,280$59,923$1,436,797
5$44,048$58,154$1,392,749
6$45,890$56,312$1,346,859
7$47,810$54,392$1,299,049
8$49,810$52,392$1,249,239
9$51,893$50,309$1,197,346
10$54,064$48,138$1,143,282
11$56,325$45,877$1,086,956
12$58,681$43,521$1,028,275
13$61,136$41,066$967,139
14$63,693$38,509$903,446
15$66,357$35,845$837,089
16$69,133$33,069$767,956
17$72,025$30,178$695,931
18$75,037$27,165$620,894
19$78,176$24,026$542,718
20$81,446$20,756$461,272
21$84,853$17,349$376,419
22$88,402$13,800$288,017
23$92,100$10,102$195,918
24$95,952$6,250$99,966
25$99,966$2,237$0

At the end of your 5-year term

Total paid over the term
$511,011
Principal paid down
$203,251
Interest paid
$307,760
Balance remaining
$1,392,749

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

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 $10,182− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $22,060

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

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