48 Hooyo Terrace, Toronto, ON
Englemount-Lawrence, Toronto · MLS® C13871656
About this home
In short
- Unbeatable value meets modern luxury in this 2-year-new freehold townhome offering almost 2,500 sq. ft. of total living space located on a corner lot.
- Designed for modern family living, this exceptional home features 4+1 generously sized bedrooms, 3.5 stylish bathrooms, high ceilings and luxury laminate flooring...
- The spacious open-concept layout features a modern kitchen with abundant cabinetry, connected to formal dining area, and the living space has lots of windows.
- The huge-size master bedroom features a luxurious ensuite with double sinks, a frameless glass shower & freestanding tub.
- The finished basement provides valuable additional space for a home office, den, recreation room, or guest area.
Welcome to Modern Elegance in New Lawrence Heights. Unbeatable value meets modern luxury in this 2-year-new freehold townhome offering almost 2,500 sq. ft. of total living space located on a corner lot. Designed for modern family living, this exceptional home features 4+1 generously sized bedrooms, 3.5 stylish bathrooms, high ceilings and luxury laminate flooring with matching stairs throughout. The spacious open-concept layout features a modern kitchen with abundant cabinetry, connected to formal dining area, and the living space has lots of windows. Walkout to the balcony with gas rough-in for BBQ. The 2nd floor offers two bedrooms and 2 full baths. The huge-size master bedroom features a luxurious ensuite with double sinks, a frameless glass shower & freestanding tub. All closets are thoughtfully customized with built-in organizers and practical storage compartments. The 3rd floor includes two additional bedrooms & an oversized laundry room adds everyday convenience. One of the bedrooms is exceptionally large and features its own sitting area, a dedicated office nook, lots of windows bringing in natural light and creating a comfortable and flexible space for work, study, or relaxation. The 4th level opens to a private rooftop terrace, making it a truly rare offering and an ideal space for entertaining, relaxing, and enjoying summer outdoor living. The finished basement provides valuable additional space for a home office, den, recreation room, or guest area. Seller upgraded 240V/50A for electric vehicle . A 2-car tandem garage with direct access to the house. Ideally located minutes from the subway, Yorkdale Shopping Centre, Highway 401, Allen Road, major retailers, excellent schools, community centres, and local parks.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- C13871656
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 15.06 × 74.05 ft
- Cross streets
- Allen Rd & Lawrence Ave W
- Parking
- 2 garage (built-in)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,956 / 2025
- Days on market
- 12
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
Listed at $1,299,000, about 10% below our estimate of $1.45M (homes like it typically land between $1.35M and $1.51M).
Why $1.45M. The typical townhouse sold in Englemount-Lawrence over the past year went for about $1.10M (11 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,956 a year; the typical home sold here pays about $3,700.
- ▼ Lowers it slightlyIts lot is 15 by 74 ft; the typical lot sold here is 15 by 100.
Total price vs nearby homes. Fair value about $1.45M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $577/sqft against an area asking average of $660/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 7 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 highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
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
There were not many closely comparable homes right in Englemount-Lawrence, so I widened the search to the surrounding area.
Based on 7 comparable homes that sold in Englemount-Lawrence over the past two years, from 15 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $625/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 84 |
| November 2025 | $1.04M | 75 |
| December 2025 | $1.05M | 55 |
| January 2026 | $1.04M | 38 |
| February 2026 | $1.17M | 53 |
| March 2026 | $1.09M | 86 |
| April 2026 | $1.22M | 95 |
| May 2026 | $1.10M | 88 |
| June 2026 | $1.05M | 97 |
| July 2026 | $960K | 91 |
| August 2026 | $995K | 47 |
| September 2026 | $1.06M | 91 |
Neighbourhood & location
Englemount-Lawrence, 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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,039,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,746
- Property tax
- $663
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,409
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Toronto municipal land transfer tax
- $22,455
- Estimated closing costs
- $44,910
Plus your down payment of $259,800. 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
- $344,755
- Principal paid down
- $126,971
- Interest paid
- $217,784
- Balance remaining
- $912,229
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
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 14 whole-home leases in Englemount-Lawrence signed at a median of $4,518 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,451. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.