48 Chatsworth Drive, Toronto, ON

Lawrence Park South, Toronto · MLS® C13811254

$1,999,000
For Sale
Listed 28 days agoNo offer date stated
4+1Bedrooms
3Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • A Classic Gem Waiting for Your Vision.
  • 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.
  • Check out the Garden suite letter attached.

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. Check out the Garden suite letter attached.

Key facts

Property type
Detached, 2-Storey
MLS®
C13811254
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
2000-2500 sq ft
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
28
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Lawrence Park South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Leaside
$2.15M
Banbury-Don Mills
$5.50M
Willowdale East
$2.29M
Bayview Village
$1.60M
Woodbine-Lumsden
$949K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

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 Lawrence Park Collegiate Institute
92%
Lawrence Park Collegiate InstitutePublic · Secondary · 0.5 km awayAmong the top in the GTA · 92% meet the provincial standard
Glenview Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
John Ross Robertson Junior Public School · Public elementary0.6 km · 83% at standard
Bedford Park Public School · Public elementary0.7 km · 88% at standard
John Wanless Junior Public School · Public elementary1.0 km · 88% at standard
Blythwood Junior Public School · Public elementary1.2 km · 88% at standard
John Fisher Junior Public School · Public elementary1.3 km · 85% at standard
Sunny View Junior and Senior Public School · Public elementary1.4 km
St Monica Catholic School · Catholic elementary1.5 km · 78% at standard
North Toronto Collegiate Institute · Public secondary1.5 km · 88% at standard
Allenby Junior Public School · Public elementary1.6 km · 78% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Northern Secondary School · Public secondary1.7 km · 82% at standard
Eglinton Junior Public School · Public elementary1.9 km · 70% at standard

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

Affordability & Mortgage

Affordability
$9,111/mo
$387KIncome needed
5.2×Price ÷ income
$2,102Weekly cost
$72,910Land 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.

89%mortgage
Mortgage $9,111Property tax $1,102Total carry $10,213

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

$
20.0%
$
%

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

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,842per month

Mortgage amount $1,599,200 · 4.49% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,945Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,842
Property tax
$1,102
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,945

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

One-time closing costs

Ontario land transfer tax
$36,455
Toronto municipal land transfer tax
$36,455
Estimated closing costs
$72,910

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,702/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

$1,053,475Total interest paid
$2,652,675Total of all payments
Principal $1,599,200 Interest $1,053,475
YearPrincipalInterestBalance
1$35,687$70,420$1,563,513
2$37,308$68,799$1,526,205
3$39,002$67,105$1,487,203
4$40,772$65,335$1,446,431
5$42,624$63,483$1,403,807
6$44,559$61,548$1,359,248
7$46,582$59,525$1,312,666
8$48,697$57,410$1,263,969
9$50,908$55,199$1,213,061
10$53,220$52,887$1,159,841
11$55,636$50,471$1,104,205
12$58,162$47,945$1,046,043
13$60,803$45,304$985,240
14$63,564$42,543$921,677
15$66,450$39,657$855,227
16$69,467$36,640$785,761
17$72,621$33,486$713,140
18$75,918$30,189$637,222
19$79,365$26,742$557,857
20$82,968$23,139$474,888
21$86,736$19,371$388,153
22$90,674$15,433$297,479
23$94,791$11,316$202,688
24$99,095$7,012$103,594
25$103,594$2,513$0

At the end of your 5-year term

Total paid over the term
$530,535
Principal paid down
$195,393
Interest paid
$335,142
Balance remaining
$1,403,807

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$4,200/mo
$50,400Gross annual rent
1.5%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.

2.5%
Gross yield
− Property tax $13,229− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $30,227

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

CallRequest a showing