39 Glenforest Road, Toronto, ON
Lawrence Park North, Toronto · MLS® C13590514
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 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, cafes, 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®
- C13590514
- 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
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
broadloom · pot lights · w/o to yard
broadloom · pot lights · window
hardwood floor · double closet · window
hardwood floor · eat-in kitchen · centre island
hardwood floor · combined w/living · pot lights
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · double closet · overlooks frontyard
hardwood floor · combined w/dining · overlooks frontyard
hardwood floor · fireplace · w/o to deck
hardwood floor · double closet · overlooks frontyard
Listed at $2,799,000, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,244/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Lawrence Park North lately, sellers have been getting about 95% of asking and homes sell in about 31 days.
Based on 87 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 87 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.76M, a bit higher.
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 $2.98M
- Bedrooms +$30K
- Adjusts to $3.00M
That comparable adjusts to $3.00M; the $2.37M estimate above is the median of all 87 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.
Total price vs nearby homes. Fair value about $2.37M, median of 87 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. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
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 2% below the area average of $1,275/sqft.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $2,239,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,949
- Property tax
- $1,157
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,106
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,450
- Toronto municipal land transfer tax
- $56,450
- Estimated closing costs
- $112,900
Plus your down payment of $559,800. 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
- $716,952
- Principal paid down
- $285,163
- Interest paid
- $431,789
- Balance remaining
- $1,954,037
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.