48 Hooyo Terrace, Toronto, ON
Englemount-Lawrence, Toronto · MLS® C13871656
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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
- 7
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe 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.
Neighbourhood & location
Englemount-Lawrence, Toronto, ON
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $792,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,379
- Property tax
- $663
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,042
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,275
- Toronto municipal land transfer tax
- $16,275
- Estimated closing costs
- $32,550
Plus your down payment of $198,000. 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
- $262,746
- Principal paid down
- $96,768
- Interest paid
- $165,978
- Balance remaining
- $695,232
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 numbersEstimates 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.
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.