39 Glengowan Road, Toronto, ON

Lawrence Park South, Toronto · MLS® C13832786

$2,659,000
For Sale
Listed 22 days agoNo offer date stated
Request a showing
◎ Directions
5+1Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • In a neighbourhood where families put down roots for generations, 39 Glengowan Road offers something increasingly rare: a character-filled Lawrence Park home with...
  • The well-appointed kitchen features premium Miele and JennAir appliances, while the home's thoughtful updates complement its original character.
  • Beyond the house, mature trees and the Blythwood Ravine create a remarkably private setting.
  • Close to sought-after schools, parks, transit and the shops and restaurants of Yonge Street, 39 Glengowan Road brings together the scale of a substantial family home...

In a neighbourhood where families put down roots for generations, 39 Glengowan Road offers something increasingly rare: a character-filled Lawrence Park home with nearly 3,500 sq. ft. of total living space on a substantial ravine lot.Timeless curb appeal gives way to generously sized principal rooms, abundant natural light and the warmth of a home that has evolved for modern family life. The well-appointed kitchen features premium Miele and JennAir appliances, while the home's thoughtful updates complement its original character. With room to gather, entertain and spread out, this is a home built for every stage of family life.Beyond the house, mature trees and the Blythwood Ravine create a remarkably private setting. The expansive grounds feature professionally designed landscaping, granite pathways, irrigation, landscape lighting and a rarely offered multi-sport court-a backyard with space for children to play and adults to entertain.Close to sought-after schools, parks, transit and the shops and restaurants of Yonge Street, 39 Glengowan Road brings together the scale of a substantial family home, the charm of Lawrence Park and the beauty of a ravine setting. * Digitally staged photos

Key facts

Property type
Detached, 2-Storey
MLS®
C13832786
Bedrooms
5+1 (6 total)
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
Lot
50 × 130 ft
Cross streets
Mount Pleasant & Lawrence
Parking
2 garage · 4 parking (attached)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$9,737 / 2026
Days on market
22
Listing brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Rooms

LaundryBasement2.66 × 4.23 m

Ceramic Floor

Dining RoomMain3.70 × 4.73 m

hardwood floor · open concept · bow window

Primary BedroomSecond5.13 × 3.89 m

hardwood floor · walk-in closet(s) · ensuite bath

Bedroom 5Second2.86 × 4.64 m

hardwood floor · walk-in closet(s) · window

Bedroom 3Second3.58 × 4.98 m

hardwood floor · large closet · large window

RecreationBasement5.14 × 4.21 m

vinyl floor · walk-out · ensuite bath

Living RoomMain7.63 × 5.44 m

hardwood floor · fireplace · bow window

Bedroom 4Second3.22 × 3.70 m

hardwood floor · large closet · large window

Bedroom 2Second3.62 × 3.89 m

hardwood floor · double closet · large window

KitchenMain3.77 × 5.80 m

hardwood floor · w/o to yard · quartz counter

SittingMain3.56 × 4.04 m

hardwood floor · large window · open concept

RecreationBasement6.97 × 4.87 m

vinyl floor · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.57Mlikely sale price

Listed at $2,659,000. 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 $2.57M, if it sells. A realistic range is $2.41M to $2.90M.

Independent value check: $2.15M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $2.02M and $2.25M).

Why $2.15M. 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:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $9,737 a year; the typical home sold here pays about $13,600.
List price
$2.41MBelow recent closings$2.90MAbove recent closings

Total price vs nearby homes. Likely closing about $2.57M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$2.16Mmedian sold price
95%of asking, on average
−23%prices vs a year ago
~16 dayshomes like this take to sell
22days on market so far
$8,471/moest. rent · 21 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 2 months of inventory: 13 detached homes for sale in the area against 20 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 $1,182/sqft against an area asking average of $1,403/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part 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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.15M. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 ($1,182/sqft) is below the area, so you are paying for extra space rather than a premium.

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.

What sellers nearby are askingCurrently listed nearby in Lawrence Park South · asking prices
$2.53Mavg 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 $2.15M, which is where my estimate comes from.

Per square foot, these ask about $1,199/sqft; this home lists at $1,182/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.66MThis home2.00M3.78M1.80MThis home vs active comparables

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$2.80M11
November 2025$2.33M6
February 2026$3.05M5
March 2026$2.51M5
April 2026$2.90M17
May 2026$2.87M20
June 2026$2.60M13
July 2026$2.69M6
August 2026$1.92M6
September 2026$2.31M8

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
St. Andrew-Windfields
$4.10M
Willowdale East
$2.19M
Dovercourt-Wallace Emerson-Junction
$1.25M

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 · 1.3 km awayAmong the top in the GTA · 92% meet the provincial standard
Sunny View Junior and Senior Public SchoolEQAO results not published
Glenview Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Blythwood Junior Public School · Public elementary0.4 km · 88% at standard
Bedford Park Public School · Public elementary1.0 km · 88% at standard
John Fisher Junior Public School · Public elementary1.0 km · 85% at standard
Northern Secondary School · Public secondary1.1 km · 82% at standard
North Toronto Collegiate Institute · Public secondary1.2 km · 88% at standard
John Ross Robertson Junior Public School · Public elementary1.2 km · 83% at standard
St Monica Catholic School · Catholic elementary1.2 km · 78% at standard
Eglinton Junior Public School · Public elementary1.4 km · 70% at standard
John Wanless Junior Public School · Public elementary1.7 km · 88% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.9 km · 74% at standard
Allenby Junior Public School · Public elementary1.9 km · 78% at standard
Leaside High School · Public secondary2.0 km · 87% at standard

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

Affordability & Mortgage

Affordability
$12,119/mo
$489KIncome needed
5.4×Price ÷ income
$2,797Weekly cost
$105,900Land 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.

94%mortgage
Mortgage $12,119Property tax $811Total carry $12,930

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,762per month

Mortgage amount $2,127,200 · 4.49% over 25 years

$531,800Down payment (20.0%)
$2,127,200Loan before insurance
$0CMHC premium
$12,573Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,762
Property tax
$811
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,573

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

One-time closing costs

Ontario land transfer tax
$52,950
Toronto municipal land transfer tax
$52,950
Estimated closing costs
$105,900

Plus your down payment of $531,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,236/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

$1,401,296Total interest paid
$3,528,496Total of all payments
Principal $2,127,200 Interest $1,401,296
YearPrincipalInterestBalance
1$47,470$93,670$2,079,730
2$49,625$91,514$2,030,105
3$51,879$89,261$1,978,226
4$54,234$86,906$1,923,992
5$56,697$84,443$1,867,295
6$59,271$81,869$1,808,025
7$61,962$79,178$1,746,063
8$64,775$76,365$1,681,288
9$67,716$73,424$1,613,571
10$70,791$70,349$1,542,780
11$74,005$67,135$1,468,775
12$77,365$63,775$1,391,410
13$80,878$60,262$1,310,532
14$84,550$56,590$1,225,982
15$88,389$52,751$1,137,593
16$92,402$48,738$1,045,191
17$96,598$44,542$948,594
18$100,983$40,156$847,610
19$105,569$35,571$742,042
20$110,362$30,778$631,680
21$115,373$25,767$516,307
22$120,611$20,529$395,696
23$126,087$15,053$269,609
24$131,812$9,328$137,797
25$137,797$3,343$0

At the end of your 5-year term

Total paid over the term
$705,699
Principal paid down
$259,905
Interest paid
$445,795
Balance remaining
$1,867,295

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 21 whole-home leases in Lawrence Park South$8,471/mo
$101,652Gross annual rent
3.0%Cap rate after taxes and upkeep
$7,388 to $8,895Typical rent range

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 21 whole-home leases in Lawrence Park South signed at a median of $8,565 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,471. 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.

3.8%
Gross yield
− Property tax $9,737− Insurance $1,400− Vacancy & upkeep $11,182Net operating income $79,333

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY. MLS®/PropTx.

CallRequest a showing