451 Cranbrooke Avenue, Toronto, ON
Bedford Park-Nortown, Toronto · MLS® C13759126
About this home
In short
- Brand-new custom-built luxury residence by Khales Corp., ideally situated on one of Bedford Park's most coveted streets with no through traffic.
- The main level features soaring 10-foot ceilings, herringbone hardwood floors, a private office, formal dining room, and an open-concept family room overlooking the...
- The gourmet chef's kitchen is appointed with premium built-in appliances, custom cabinetry, an oversized island, and a fully equipped walk-in pantry with its own sink...
- The second level continues with 10-foot ceilings and offers four generously sized bedrooms, each with its own ensuite, including a luxurious primary retreat with...
- The bright walkout lower level features radiant heated floors, impressive 11'6" ceilings, dramatic floor-to-ceiling sliding doors, a large recreation room with golf...
Brand-new custom-built luxury residence by Khales Corp., ideally situated on one of Bedford Park's most coveted streets with no through traffic. Offering approximately 4,500 sq. ft. of thoughtfully designed living space, this exceptional home showcases refined design, impeccable craftsmanship, and elegant designer finishes throughout. The main level features soaring 10-foot ceilings, herringbone hardwood floors, a private office, formal dining room, and an open-concept family room overlooking the backyard. The gourmet chef's kitchen is appointed with premium built-in appliances, custom cabinetry, an oversized island, and a fully equipped walk-in pantry with its own sink and dishwasher.The second level continues with 10-foot ceilings and offers four generously sized bedrooms, each with its own ensuite, including a luxurious primary retreat with floor-to-ceiling windows, a spacious walk-in closet, and a spa-inspired 7-piece ensuite. The bright walkout lower level features radiant heated floors, impressive 11'6" ceilings, dramatic floor-to-ceiling sliding doors, a large recreation room with golf simulator potential, a fifth bedroom, and abundant storage. Additional highlights include a snow-melt heated driveway, wiring for automated blinds throughout, and exceptional attention to detail at every turn. An outstanding opportunity to own a brand-new luxury home in one of Toronto's most sought-after neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13759126
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 40 × 120 ft
- Cross streets
- Avenue Rd and Lawrence
- Parking
- 2 garage · 5 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,562 / 2025
- Days on market
- 40
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
4 pc ensuite · hardwood floor · picture window
sliding doors · w/o to deck · open concept
hardwood floor · gas fireplace · window floor to ceiling
hardwood floor · window floor to ceiling · built-in speakers
b/i appliances · pantry · breakfast bar
hardwood floor · 4 pc ensuite · window
4 pc bath · porcelain floor · heated floor
window floor to ceiling · walk-in closet(s) · 7 pc ensuite
large window · b/i bookcase · hardwood floor
heated floor · elevator · b/i bar
hardwood floor · picture window · led lighting
large window · 4 pc ensuite · hardwood floor
heated floor · large closet · mirrored walls
laundry sink · ceiling fan(s)
laundry sink · porcelain floor · ceiling fan(s)
Listed at $5,195,000. Going by how homes in Bedford Park-Nortown and the wider GTA have actually closed against their asking prices (about 97%, 27 local closings in 90 days), the likely sale price is near $5.05M, if it sells. A realistic range is $4.74M to $5.70M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes a new or newly built home, and the public record (tax bill, size) can still describe what stood on the lot before.
Longer on the market than typical. 40 days on the market against about 21 for homes like it here, and asking 71% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $5.05M, from 27 recent closings in this pocket.
The market behind the math:
About 2.1 months of inventory: 19 detached homes for sale in the area against 27 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,598/sqft against an area asking average of $1,165/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Bedford Park-Nortown basements rarely rent out (5 of 141 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.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my 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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.01M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 27 comparable homes that sold in Bedford Park-Nortown over the past two years, from 262 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
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 $4.07M, which is where my estimate comes from.
Per square foot, these ask about $1,351/sqft; this home lists at $1,598/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Bedford Park-Nortown: $2.68M in September 2026, up 4% from a year ago, on 131 closings in 11 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 | $2.71M | 11 |
| November 2025 | $2.56M | 8 |
| December 2025 | $2.70M | 5 |
| February 2026 | $2.88M | 11 |
| March 2026 | $2.20M | 9 |
| April 2026 | $2.31M | 16 |
| May 2026 | $3.01M | 14 |
| June 2026 | $2.48M | 19 |
| July 2026 | $2.62M | 18 |
| August 2026 | $3.24M | 8 |
| September 2026 | $2.68M | 12 |
Neighbourhood & location
Bedford Park-Nortown, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $4,156,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $22,979
- Property tax
- $797
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $23,776
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $116,350
- Toronto municipal land transfer tax
- $152,200
- Estimated closing costs
- $268,550
Plus your down payment of $1,039,000. 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
- $1,378,754
- Principal paid down
- $507,786
- Interest paid
- $870,968
- Balance remaining
- $3,648,214
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 Bedford Park-Nortown basements rarely rent out (5 of 141 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 53 whole-home leases in Bedford Park-Nortown signed at a median of $8,763 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $9,572. 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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.