39 Romney Road, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13870608

$2,649,000
For Sale
Just listed todayNo offer date stated
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5+1Bedrooms
5Bathrooms
1Garage · 3 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 39 Romney Rd, an extraordinary residence where refined farmhouse-chic meets exceptional architectural design & elevated family living.
  • Fully renovated & thoughtfully enhanced by a 3-storey addition, this home offers impressive scale, impeccable flow & a beautifully curated palette of luxurious finishes.
  • The main level is designed for grand-scale entertaining & effortless everyday living, featuring a private office, powder rm, oversized dining rm & spectacular...
  • The 2nd level offers 5 bedrooms, including a magnificent primary suite w/soaring vaulted ceilings, expansive W/I closet & renovated ensuite w/heated floors.
  • The lower level provides impressive additional living & entertaining spaces, including an exercise rm, 2nd kitchen, renovated 3-pc washroom, spacious rec rm...

Welcome to 39 Romney Rd, an extraordinary residence where refined farmhouse-chic meets exceptional architectural design & elevated family living. Fully renovated & thoughtfully enhanced by a 3-storey addition, this home offers impressive scale, impeccable flow & a beautifully curated palette of luxurious finishes. The main level is designed for grand-scale entertaining & effortless everyday living, featuring a private office, powder rm, oversized dining rm & spectacular open-concept kitchen/family rm. The bespoke kitchen is appointed w/B/I appliances, butler's servery, W/I pantry & adjoining breakfast area. The family rm is anchored by a gas fireplace framed by custom B/Is & opens directly to the private rear yard, creating seamless indoor-outdoor living. The 2nd level offers 5 bedrooms, including a magnificent primary suite w/soaring vaulted ceilings, expansive W/I closet & renovated ensuite w/heated floors. A private oversized balcony extends the suite outdoors, offering an idyllic setting for morning coffee or a quiet evening retreat. The lower level provides impressive additional living & entertaining spaces, including an exercise rm, 2nd kitchen, renovated 3-pc washroom, spacious rec rm w/fireplace & W/O to the backyard, plus a 6th bedroom w/private ensuite. Ideal for guests, extended family or a private teenager's retreat, this level offers remarkable versatility & comfort. Set on a lush landscaped 50 x 125 ft lot, this remarkable property offers a rare sense of privacy, scale & flexibility in one of North Toronto's most prestigious neighbourhoods. Moments from Summit Heights Public School, boutique shops, acclaimed restaurants & public transit, w/effortless access to Hwy 401, this turnkey residence delivers exceptional scale, sophisticated design & uncompromising functionality in an outstanding Armour Heights setting. Every detail has been carefully considered to balance timeless character with convenience, creating a sophisticated home for today's lifestyle.

Key facts

Property type
Detached, 2-Storey
MLS®
C13870608
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
49 × 125 ft
Cross streets
Bathurst & Wilson
Parking
1 garage · 3 parking (attached)
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,673 / 2025
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Dining RoomMain5.16 × 3.43 m

hardwood floor · pot lights · walk through

Exercise RoomLower5.00 × 3.18 m

mirrored walls · closet · window

Family RoomMain5.87 × 5.18 m

b/i shelves · fireplace · hardwood floor

KitchenLower3.35 × 3.12 m

renovated · stone counters · pot lights

Bedroom 2Second3.99 × 3.51 m

hardwood floor · window · double closet

RecreationLower5.59 × 5.13 m

fireplace · sump pump · w/o to yard

OfficeMain4.02 × 3.50 m

hardwood floor · pot lights · picture window

Bedroom 5Second3.40 × 2.82 m

hardwood floor · window · closet

Primary BedroomSecond4.90 × 4.32 m

balcony · 5 pc ensuite · walk-in closet(s)

Bedroom 4Second3.51 × 2.57 m

hardwood floor · window · closet

BedroomLower6.30 × 3.73 m

double closet · 3 pc ensuite · window

KitchenMain4.75 × 3.61 m

open concept · hardwood floor · stainless steel appl

Bedroom 3Second3.40 × 3.23 m

hardwood floor · window

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

Listed at $2,649,000. Going by how homes in Lansing-Westgate 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: $2.33M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $2.18M and $2.44M).

Why $2.33M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $11,673 a year; the typical home sold here pays about $9,900.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it slightly5+1 bedrooms and 5 baths, against 4+1 and 4 typically.
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
$1.99Mmedian sold price
97%of asking, on average
+6%prices vs a year ago
~20 dayshomes like this take to sell
$6,703/moest. rent · 11 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 7 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 $963/sqft against an area asking average of $962/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Lansing-Westgate: 17 of the 136 detached leases here lately were basement units, around $1,800 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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.99M. 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.

  • 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
  • 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
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Summit Heights Public School, 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 ($963/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 20 comparable homes that sold in Lansing-Westgate over the past two years, from 132 closings there.

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,351 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$1.20M669

Neighbourhood & location

Lansing-Westgate, 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.

St. Andrew-Windfields
$3.98M
York University Heights
$1.15M
Oakwood Village
$1.88M
Don Valley Village
$1.25M
East York
$1.19M

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 Summit Heights Public School
85%
Summit Heights Public SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 85% meet the provincial standard
Also nearby: 10 more schools within 2.5 km
St Robert Catholic School · Catholic elementary0.9 km · 74% at standard
Dublin Heights Elementary and Middle School · Public elementary1.1 km · 68% at standard
Faywood Arts-Based Curriculum School · Public elementary1.2 km · 70% at standard
Armour Heights Public School · Public elementary1.3 km · 70% at standard
Cameron Public School · Public elementary1.5 km · 81% at standard
Bannockburn Public School · Public elementary1.6 km
Baycrest Public School · Public elementary1.9 km · 69% at standard
St Edward Catholic School · Catholic elementary1.9 km · 89% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.9 km · 76% at standard
Ledbury Park Elementary and Middle School · Public elementary2.1 km · 77% at standard

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

Affordability & Mortgage

Affordability
$12,073/mo
$493KIncome needed
5.4×Price ÷ income
$2,786Weekly cost
$105,400Land 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.

93%mortgage
Mortgage $12,073Property tax $973Total carry $13,046

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 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,717per month

Mortgage amount $2,119,200 · 4.49% over 25 years

$529,800Down payment (20.0%)
$2,119,200Loan before insurance
$0CMHC premium
$12,690Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,717
Property tax
$973
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,690

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

One-time closing costs

Ontario land transfer tax
$52,700
Toronto municipal land transfer tax
$52,700
Estimated closing costs
$105,400

Plus your down payment of $529,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,182/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

$1,396,026Total interest paid
$3,515,226Total of all payments
Principal $2,119,200 Interest $1,396,026
YearPrincipalInterestBalance
1$47,292$93,318$2,071,908
2$49,439$91,170$2,022,470
3$51,683$88,926$1,970,786
4$54,030$86,579$1,916,756
5$56,483$84,126$1,860,273
6$59,048$81,561$1,801,225
7$61,729$78,880$1,739,496
8$64,532$76,077$1,674,965
9$67,462$73,147$1,607,503
10$70,525$70,084$1,536,978
11$73,727$66,882$1,463,252
12$77,074$63,535$1,386,177
13$80,574$60,035$1,305,604
14$84,232$56,377$1,221,372
15$88,057$52,553$1,133,315
16$92,055$48,554$1,041,261
17$96,234$44,375$945,026
18$100,604$40,005$844,423
19$105,172$35,438$739,251
20$109,947$30,662$629,304
21$114,939$25,670$514,366
22$120,157$20,452$394,208
23$125,613$14,996$268,595
24$131,316$9,293$137,279
25$137,279$3,330$0

At the end of your 5-year term

Total paid over the term
$703,045
Principal paid down
$258,927
Interest paid
$444,118
Balance remaining
$1,860,273

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 11 whole-home leases in Lansing-Westgate$6,703/mo
$80,436Gross annual rent
2.2%Cap rate after taxes and upkeep
$6,167 to $7,315Typical rent range
~37 daysTo find a tenant, on average

The suite is real income here: basements rent in Lansing-Westgate (17 of 136 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 11 whole-home leases in Lansing-Westgate signed at a median of $6,275 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,703. 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.

3.0%
Gross yield
− Property tax $11,673− Insurance $1,400− Vacancy & upkeep $8,848Net operating income $58,515

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

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