40 Snowdon Avenue, Toronto, ON
Listed & marketed by Team Asgarian

Lawrence Park North · Toronto

40 Snowdon

3-storey · 5 bed · 3 bath · 1,500-2,000 sq ft

$1,998,000Asking price
40 Snowdon Avenue, Toronto, ON

Property detail

A red-brick three-storey on a 30 by 125 foot lot in Lawrence Park North. Five bedrooms across the upper floors, original hardwood, built-in cabinetry and a brick fireplace on the main floor, and a detached garage at the back of a deep yard.

Read the full description

A red-brick three-storey on a 30 by 125 foot lot in Lawrence Park North. Five bedrooms across the upper floors, original hardwood, built-in cabinetry and a brick fireplace on the main floor, and a detached garage at the back of a deep yard. Presented unfurnished.

  • 5 Bedroom
  • 3 Bath
  • 1500-2000 Sq ft
  • 2 Parking
$1,998,000Asking price
Book a private viewing

Your agent

Team Asgarian

Top 1% of agents in Canada

(416) 837-8000

The property

  • 30 × 125 ft lot
  • Detached
  • Separate Entrance
  • Central Air
  • Forced Air
  • No maintenance fee

The setting

A 30 by 125 foot lot

A deep back yard behind the deck, and a detached garage at the far end of it. Photographed in late autumn, so the trees are bare.

The back garden
The back garden
The detached garage at the end of the drive
The detached garage at the end of the drive
Hardwood and a brick fireplace

The main floor

Hardwood and a brick fireplace

The front room keeps its brick fireplace, the original hardwood and deep baseboards.

The principal rooms

Separate rooms, not open plan

Each room keeps its own doorway and its own window rather than running together. Shown unfurnished.

A brick fireplace on the main floor
A brick fireplace on the main floor
Original hardwood and deep baseboards
Original hardwood and deep baseboards
Its own doorway and its own window
Its own doorway and its own window

Room dimensions

KitchenMain
2.83 × 4.46 m
Living RoomMain
3.68 × 5.38 m
Dining RoomMain
3.24 × 4.96 m
Bedroom 2Second
3.00 × 3.68 m
Bedroom 3Second
3.00 × 3.68 m
Primary BedroomSecond
4.67 × 3.53 m
Bedroom 4Third
3.64 × 4.28 m
Bedroom 5Third
3.64 × 4.28 m
RecreationBasement
3.22 × 10.20 m
LaundryBasement
3.22 × 10.20 m
Utility RoomBasement
2.43 × 2.32 m
A gas range under an exposed beam

The kitchen

A gas range under an exposed beam

White cabinets, dark stone counters and a patterned backsplash, with the beam left exposed.

The original woodwork is still here

The detail

The original woodwork is still here

A panelled room with a built-in bench under the window, and a run of built-in drawers on the landing upstairs. Neither has been stripped out.

Rooms under the roof

The third floor

Rooms under the roof

Sloped ceilings and dormer windows on the top floor, reached by its own staircase. Shown unfurnished, like the rest of the house.

The numbers

What it costs to hold

Freehold, so there is no maintenance fee. Property tax is the only fixed monthly carrying cost before a mortgage.

$1,998,000Asking price
$792Property tax / month$9,509 for 2025
$0Maintenance feeFreehold
$399,600Minimum down$399,600 at 20%

Down payment is the CMHC minimum for an owner-occupied purchase at this price. Figures exclude mortgage costs, land transfer tax and closing costs, and are illustrative rather than financial advice.

Three storeys of red brick

From the garden

Three storeys of red brick

The full height of the house from the yard, with the deck off the main floor.

The neighbourhood

Life around Lawrence Park North

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
Also nearby: 12 more schools within 2.5 km
John Wanless Junior Public School · Public elementary0.8 km · 88% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.2 km · 76% at standard
Glenview Senior Public School · Public elementary1.4 km
John Ross Robertson Junior Public School · Public elementary1.6 km · 83% at standard
Bannockburn Public School · Public elementary1.6 km
Blythwood Junior Public School · Public elementary1.7 km · 88% at standard
Armour Heights Public School · Public elementary1.7 km · 70% at standard
Sunny View Junior and Senior Public School · Public elementary1.8 km
St Margaret Catholic School · Catholic elementary2.0 km · 82% at standard
Ledbury Park Elementary and Middle School · Public elementary2.0 km · 77% at standard
Owen Public School · Public elementary2.1 km · 59% at standard
John Fisher Junior Public School · Public elementary2.2 km · 85% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Moe’s take

Three storeys of red brick on a 125 foot lot in Lawrence Park North, with the original woodwork still in place. This one is bought for the address, the footprint and the bones, and there is room to make the rest your own.

Team Asgarian · RE/MAX Hallmark Realty Ltd.

From MoeTeam Asgarian · Listing broker

We are proud to represent this home. Our team handles every detail, the marketing, the staging, and the showings. The best way to feel what makes it special is in person, so book a private showing and I will walk you through it myself.

Our market read
$2.57Mest. value

Listed at $1,998,000. The 52 most comparable recent sales in Lawrence Park North, each adjusted to this home, put it around $2.57M, with a typical range of $2.12M to $2.80M. Ask me for the full comparison and I will walk you through every one.

List price
$2.00MBelow recent closings$2.80MAbove recent closings

Total price vs nearby homes. Fair value about $2.57M, median of 52 comparables.

Highlights

  • Separate entrance / basement suite
  • Premium lot / gardens
  • Hardwood floors
  • Transit / schools nearby

The detail

Price history and the mortgage

Affordability
$9,106/mo
$375KIncome needed
5.3×Price ÷ income
$2,101Weekly cost
$72,870Land transfer tax, one-time (Ontario + Toronto)
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 $9,106Property tax $792Total carry $9,899

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,617per month

Mortgage amount $1,598,400 · 4.24% over 25 years

$399,600Down payment (20.0%)
$1,598,400Loan before insurance
$0CMHC premium
$9,410Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,617
Property tax
$792
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,410

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

One-time closing costs

Ontario land transfer tax
$36,435
Toronto municipal land transfer tax
$36,435
Estimated closing costs
$72,870

Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$10,456/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

$986,746Total interest paid
$2,585,146Total of all payments
Principal $1,598,400 Interest $986,746
YearPrincipalInterestBalance
1$36,931$66,475$1,561,469
2$38,513$64,893$1,522,956
3$40,163$63,242$1,482,793
4$41,884$61,521$1,440,908
5$43,679$59,727$1,397,229
6$45,551$57,855$1,351,678
7$47,503$55,903$1,304,176
8$49,538$53,868$1,254,637
9$51,661$51,745$1,202,977
10$53,874$49,531$1,149,102
11$56,183$47,223$1,092,919
12$58,590$44,816$1,034,329
13$61,101$42,305$973,228
14$63,719$39,687$909,509
15$66,449$36,957$843,060
16$69,297$34,109$773,763
17$72,266$31,140$701,497
18$75,363$28,043$626,135
19$78,592$24,814$547,543
20$81,959$21,446$465,584
21$85,471$17,935$380,112
22$89,134$14,272$290,979
23$92,953$10,453$198,026
24$96,936$6,470$101,090
25$101,090$2,316$0

At the end of your 5-year term

Total paid over the term
$517,029
Principal paid down
$201,171
Interest paid
$315,858
Balance remaining
$1,397,229

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%Cap rate after taxes and upkeep

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.

1.9%
Gross yield
− Property tax $9,509− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $22,733

Come see it

Book a private viewing

Tell us when suits you and we will open the house. If you want the numbers run against your own down payment first, we will do that instead.

Request a private showing

Call (416) 837-8000

40 Snowdon Avenue, Toronto, ON
MLS® C13607896 · Listed & marketed by Team Asgarian. RE/MAX Hallmark Realty Ltd., Brokerage.

All information deemed reliable but not guaranteed. For personal, non-commercial use only.Room dimensions and property tax are from the listing data and should be verified. Down payment figures are illustrative and exclude mortgage costs, land transfer tax and closing costs. Not financial advice. MLS®/PropTx.

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