48 Chatsworth Drive, Toronto, ON
Lawrence Park South, Toronto · MLS® C13729396
About this home
A Classic Gem Waiting for Your Vision! Just as a talented artist gets excited by a blank canvas, you'll be giddy with the possibilities this traditional gem has to offer. Nestled in one of the city's most sought-after neighbourhoods, this charming home is ready for its next family to bring their vision, creativity and personal style to life.The main floor offers a wonderfully traditional layout, featuring a cozy living room anchored by a classic wood-burning fireplace, a spacious formal dining room, a convenient bathroom, and a comfortable family room. The kitchen provides an excellent opportunity to expand, redesign and create the dream culinary space you've always wanted. Upstairs, you'll find four generous bedrooms, including a spacious primary bedroom, along with an abundance of room to reimagine the entire second floor. Whether your style is classic, contemporary or somewhere in between, there is plenty of space to transform this level into something truly special. The lower level adds another dimension of versatility. With a separate entrance, high ceilings, spacious bedroom and three-piece bathroom, it offers an ideal space for older children or teenagers to have their own retreat. Think movie nights, gaming, hanging out with friends-or simply having their own space as they grow. It also offers tremendous potential as a guest suite, home office, in-law accommodation, additional living space or fabulous TV room. Outside, the detached garage and wonderfully private, country-like backyard setting provide a rare combination of practicality and tranquility in the city. A home with great bones, incredible potential and plenty of space to make it your own. Bring your imagination, roll up your sleeves and get ready to create something truly special.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13729396
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 36 × 110 ft
- Cross streets
- Yonge and Lawrence
- Parking
- 1 garage · 3 parking (detached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $13,229 / 2025
- Days on market
- 1
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairWorth noting: this home has a walk-out basement, a premium feature (light, usable space, income potential) that comparable-sales math tends to under-price. I will factor it in when I pull your comparables.
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.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $1,183/sqft; this home lists at $1,020/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Lawrence Park South, Toronto, ON
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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 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.
Mortgage amount $1,836,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,898
- Property tax
- $1,102
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,000
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,850
- Toronto municipal land transfer tax
- $43,850
- Estimated closing costs
- $87,700
Plus your down payment of $459,000. 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
- $593,885
- Principal paid down
- $231,075
- Interest paid
- $362,810
- Balance remaining
- $1,604,925
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.