124 Blythwood Road, Toronto, ON
Lawrence Park South, Toronto · MLS® C13737564
About this home
In short
- Set on one of North Toronto's most storied streets, 124 Blythwood is a rare, yet handsome thing.
- Carefully proportioned living across the traditional centre hall plan, along with a modern addition with a sunken main floor family room with panoramic views of the...
- The principal bedroom is a true sanctuary with a sitting area, generous closets, and a renovated ensuite overlooking the back gardens.
- The fully finished basement is a home within the home: a rec room with a gas fireplace and Murphy bed, a games room, a wine cellar, a cedar-lined walk-in, a workshop...
- Outside, perennial gardens bloom spring through fall, a heated inground pool with diving board and waterslide anchors every summer, and the Ipe deck with electric...
Set on one of North Toronto's most storied streets, 124 Blythwood is a rare, yet handsome thing. A 1923 Georgian Colonial with Gambrel Roofline that has only deepened with time. Carefully proportioned living across the traditional centre hall plan, along with a modern addition with a sunken main floor family room with panoramic views of the pool and deep rear gardens. When not outside, this is the room the whole house gravitates toward. The principal bedroom is a true sanctuary with a sitting area, generous closets, and a renovated ensuite overlooking the back gardens. The fully finished basement is a home within the home: a rec room with a gas fireplace and Murphy bed, a games room, a wine cellar, a cedar-lined walk-in, a workshop, and storage that actually solves problems. Outside, perennial gardens bloom spring through fall, a heated inground pool with diving board and waterslide anchors every summer, and the Ipe deck with electric awnings handles the overflow. Two-car garage with power for an EV charger. Full-home generator on 200-amp service - no outage disrupts this house. Independently inspected and rated above average for its age. Slate roof in excellent condition. Newer Daikin furnace and central air (2023), Mitsubishi split AC for the third floor. Maintained and improved with intention for decades. Blythwood JPS, Glenview, and Lawrence Park CI form the best school corridor in midtown. Lawrence Station is a 14-minute walk. The 401 is minutes away when the city needs a pause. This is the home you stop looking after you find it.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- C13737564
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 5 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 58 × 282 ft
- Cross streets
- Yonge Street and Blythwood Road
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Private, Private Double
- Basement
- Full, Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Membrane, Slate
- Sewer
- Sewer
- Pool
- Outdoor, Inground
- Property tax
- $18,204 / 2025
- Days on market
- 48
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
Combined w/Primary
Listed at $4,495,000. Going by how homes in Lawrence Park South and the wider GTA have actually closed against their asking prices (about 97%, 20 local closings in 90 days), the likely sale price is near $4.35M, if it sells. A realistic range is $4.08M to $4.90M.
Independent value check: $3.80M. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $3.56M and $3.98M).
Why $3.80M. The typical detached home sold in Lawrence Park South over the past year went for about $2.75M (107 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $18,204 a year; the typical home sold here pays about $13,600.
- ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it5+1 bedrooms and 5 baths, against 4+1 and 4 typically.
- ▲ Raises it slightlyIts lot is 58 by 282 ft; the typical lot sold here is 43 by 133.
Longer on the market than typical. 48 days on the market against about 27 for homes like it here, and asking 18% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $4.35M, from 20 recent closings in this pocket.
The market behind the math:
About 3.5 months of inventory: 23 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,058/sqft against an area asking average of $1,440/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Lawrence Park South basements rarely rent out (3 of 113 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.48M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,058/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Lawrence Park South, so I widened the search to the surrounding area.
Based on 20 comparable homes that sold in Lawrence Park South over the past two years, from 205 closings there.
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.80M, which is where my estimate comes from.
Per square foot, these ask about $1,249/sqft; this home lists at $1,058/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Lawrence Park South: $2.31M in September 2026, down 13% from a year ago, on 97 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.80M | 11 |
| November 2025 | $2.33M | 6 |
| February 2026 | $3.05M | 5 |
| March 2026 | $2.51M | 5 |
| April 2026 | $2.90M | 17 |
| May 2026 | $2.87M | 20 |
| June 2026 | $2.60M | 13 |
| July 2026 | $2.69M | 6 |
| August 2026 | $1.92M | 6 |
| September 2026 | $2.31M | 8 |
Neighbourhood & location
Lawrence Park South, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.
Mortgage amount $3,596,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $19,883
- Property tax
- $1,517
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $21,400
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $98,850
- Toronto municipal land transfer tax
- $118,750
- Estimated closing costs
- $217,600
Plus your down payment of $899,000. 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
- $1,192,974
- Principal paid down
- $439,365
- Interest paid
- $753,609
- Balance remaining
- $3,156,635
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
About the suite: in Lawrence Park South basements rarely rent out (3 of 113 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 6 whole-home leases in Lawrence Park South signed at a median of $8,337 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,462. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.