129 Sultana Avenue, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13822354

$1,379,900
For Sale
Listed 25 days agoNo offer date stated
3+1Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Fantastic opportunity awaits in Toronto's highly sought after Englemount-Lawrence community.
  • Being offered for sale for the first time in over 40 years is 129 Sultana Avenue.
  • This 3 +1 bed, 2 bath raised bungalow has been lovingly cared for and meticulously maintained for decades.
  • Features a functional and spacious floor plan with a large eat-in kitchen on the main floor, generous sized bedrooms, finished basement in law suite with separate...
  • Pride of ownership is evident in this beautifully appointed home that offers tonnes of potential for end users or builders alike.

Fantastic opportunity awaits in Toronto's highly sought after Englemount-Lawrence community! Being offered for sale for the first time in over 40 years is 129 Sultana Avenue! This 3 +1 bed, 2 bath raised bungalow has been lovingly cared for and meticulously maintained for decades! Features a functional and spacious floor plan with a large eat-in kitchen on the main floor, generous sized bedrooms, finished basement in law suite with separate entrance which offers the perfect space for extended family, teenage children, aging parents or rental potential! AAA location situated on a large 55' x 130' lot in a quiet cul de sac with a walkway that leads directly to Yorkdale Mall and the TTC station! Nestled nicely between Dufferin St and Bathurst St just South of the 401!! Pride of ownership is evident in this beautifully appointed home that offers tonnes of potential for end users or builders alike!

Key facts

Property type
Detached, Bungalow
MLS®
C13822354
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
55 × 132 ft
Cross streets
Bathurst and Wilson
Parking
1 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,259 / 2025
Days on market
25
Listing brokerage
RE/MAX EXPERTS
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.34Mlikely sale price

Listed at $1,379,900. Going by how homes in Englemount-Lawrence and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $1.34M, if it sells. A realistic range is $1.25M to $1.51M.

Independent value check: $1.21M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.13M and $1.27M).

Why $1.21M. The typical detached home sold in Englemount-Lawrence over the past year went for about $1.85M (45 sales). What sets this one apart:

  • ▼ Lowers it3+1 bedrooms and 2 baths, against 4+1 and 4 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,259 a year; the typical home sold here pays about $6,900.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$1.25MBelow recent closings$1.51MAbove recent closings

Total price vs nearby homes. Likely closing about $1.34M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.34Mmedian sold price
95%of asking, on average
−35%prices vs a year ago
~13 dayshomes like this take to sell
25days on market so far
$4,181/moest. rent · 18 leases
3.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 10 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,061/sqft against an area asking average of $1,006/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Englemount-Lawrence: 23 of the 77 detached leases here lately were basement units, around $1,595 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is John Polanyi Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,061/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Englemount-Lawrence, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Englemount-Lawrence over the past two years, from 90 closings there.

What sellers nearby are askingCurrently listed nearby in Englemount-Lawrence · asking prices
$1.64Mavg asking

Nothing 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 $1.21M, which is where my estimate comes from.

Per square foot, these ask about $1,112/sqft; this home lists at $1,061/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.38MThis home1.14M1.45M1.90M1.73M2.00MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Englemount-Lawrence, 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.

Willowdale East
$2.19M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Dovercourt-Wallace Emerson-Junction
$1.25M
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 John Polanyi Collegiate Institute
54%
John Polanyi Collegiate InstitutePublic · Secondary · 1.0 km awayBelow the GTA average · 54% meet the provincial standard
Baycrest Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Baycrest Public School · Public elementary0.3 km · 69% at standard
Flemington Public School · Public elementary0.7 km · 36% at standard
Lawrence Heights Middle School · Public elementary1.0 km · 44% at standard
Ledbury Park Elementary and Middle School · Public elementary1.2 km · 77% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.4 km · 54% at standard
Glen Park Public School · Public elementary1.5 km · 54% at standard
Faywood Arts-Based Curriculum School · Public elementary1.5 km · 70% at standard
Yorkdale Secondary School · Public secondary1.6 km
St Charles Catholic School · Catholic elementary1.7 km · 62% at standard
Bannockburn Public School · Public elementary1.8 km
Summit Heights Public School · Public elementary1.9 km · 85% at standard
St Norbert Catholic School · Catholic elementary2.0 km · 70% at standard

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

Affordability & Mortgage

Affordability
$6,289/mo
$259KIncome needed
5.3×Price ÷ income
$1,451Weekly cost
$48,146Land 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 $6,289Property tax $522Total carry $6,811

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%
$
%
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)
$6,104per month

Mortgage amount $1,103,920 · 4.49% over 25 years

$275,980Down payment (20.0%)
$1,103,920Loan before insurance
$0CMHC premium
$6,625Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,104
Property tax
$522
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,625

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

One-time closing costs

Ontario land transfer tax
$24,073
Toronto municipal land transfer tax
$24,073
Estimated closing costs
$48,146

Plus your down payment of $275,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,388/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

$727,209Total interest paid
$1,831,129Total of all payments
Principal $1,103,920 Interest $727,209
YearPrincipalInterestBalance
1$24,635$48,610$1,079,285
2$25,753$47,492$1,053,532
3$26,923$46,323$1,026,609
4$28,145$45,100$998,464
5$29,423$43,822$969,041
6$30,759$42,486$938,283
7$32,155$41,090$906,127
8$33,615$39,630$872,512
9$35,142$38,104$837,370
10$36,737$36,508$800,633
11$38,405$34,840$762,228
12$40,149$33,096$722,079
13$41,972$31,273$680,107
14$43,878$29,368$636,229
15$45,870$27,375$590,359
16$47,953$25,293$542,407
17$50,130$23,115$492,277
18$52,406$20,839$439,871
19$54,785$18,460$385,086
20$57,273$15,972$327,813
21$59,873$13,372$267,940
22$62,592$10,654$205,348
23$65,434$7,812$139,915
24$68,404$4,841$71,510
25$71,510$1,735$0

At the end of your 5-year term

Total paid over the term
$366,226
Principal paid down
$134,879
Interest paid
$231,347
Balance remaining
$969,041

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
From 18 whole-home leases in Englemount-Lawrence$4,181/mo
$50,172Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,395 to $4,812Typical rent range

The suite is real income here: basements rent in Englemount-Lawrence (23 of 77 recent detached leases were basement units, around $1,595 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,595 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 18 whole-home leases in Englemount-Lawrence signed at a median of $4,156 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,181. 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.

3.6%
Gross yield
− Property tax $6,259− Insurance $1,400− Vacancy & upkeep $5,519Net operating income $36,994

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

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