12 Khedive Avenue, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C14085970

$450,000
For Sale
Listed 3 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Parking
700-1100Sq ft

About this home

In short

  • Incredible opportunity to own in the sought-after Lawrence Manor neighborhood.
  • Minutes to Yorkdale Shopping Centre, TTC subway and bus routes, Allen Road and Highway 401, so commuting across the city is easy.

Incredible opportunity to own in the sought-after Lawrence Manor neighborhood. Priced to sell, this is the perfect starter home and a true blank slate, ready for you to create your own custom space. Set on a quiet, family-friendly street surrounded by established homes, it offers the chance to build equity in one of Toronto's most convenient pockets. Minutes to Yorkdale Shopping Centre, TTC subway and bus routes, Allen Road and Highway 401, so commuting across the city is easy. Parks, restaurants, grocery stores, schools and places of worship are all close by. Bring your vision and make it yours!

Key facts

Property type
Townhouse, 2-Storey
MLS®
C14085970
Bedrooms
2
Bathrooms
2
Size
700-1100 sq ft
Lot
13.08 × 129.87 ft
Cross streets
Bathurst/Lawrence
Parking
2 parking
Driveway
Lane
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,714 / 2026
Days on market
3
Listing brokerage
SAGE REAL ESTATE LIMITED
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Englemount-Lawrence · asking prices
$1.38Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market.

Per square foot, these ask about $613/sqft; this home lists at $500/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
450kThis home1.30M1.33M1.40M1.49MThis home vs active comparables

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.

Downsview-Roding-CFB
$865K
Dovercourt-Wallace Emerson-Junction
$987K
Palmerston-Little Italy
$1.30M
Playter Estates-Danforth
$1.35M
Cabbagetown-South St. James Town
$1.55M

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 Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Baycrest Public School · Public elementary0.9 km · 69% at standard
Flemington Public School · Public elementary1.2 km · 36% at standard
Bannockburn Public School · Public elementary1.2 km
St Margaret Catholic School · Catholic elementary1.2 km · 82% at standard
Glen Park Public School · Public elementary1.4 km · 54% at standard
John Wanless Junior Public School · Public elementary1.6 km · 88% at standard
Lawrence Heights Middle School · Public elementary1.6 km · 44% at standard
Summit Heights Public School · Public elementary1.7 km · 85% at standard
Lawrence Park Collegiate Institute · Public secondary1.8 km · 92% at standard
Glenview Senior Public School · Public elementary1.9 km
Armour Heights Public School · Public elementary1.9 km · 70% at standard
Faywood Arts-Based Curriculum School · Public elementary2.0 km · 70% at standard

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

Affordability & Mortgage

Affordability
$2,051/mo
$92KIncome needed
4.9×Price ÷ income
$473Weekly cost
$10,950Land 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.

87%mortgage
Mortgage $2,051Property tax $309Total carry $2,360

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

years
years (your rate-locked period)
$1,991per month

Mortgage amount $360,000 · 4.49% over 25 years

$90,000Down payment (20.0%)
$360,000Loan before insurance
$0CMHC premium
$2,300Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,991
Property tax
$310
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,300

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

One-time closing costs

Ontario land transfer tax
$5,475
Toronto municipal land transfer tax
$5,475
Estimated closing costs
$10,950

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,409/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

$237,151Total interest paid
$597,151Total of all payments
Principal $360,000 Interest $237,151
YearPrincipalInterestBalance
1$8,034$15,852$351,966
2$8,398$15,488$343,568
3$8,780$15,106$334,788
4$9,178$14,708$325,610
5$9,595$14,291$316,015
6$10,031$13,855$305,984
7$10,486$13,400$295,498
8$10,962$12,924$284,535
9$11,460$12,426$273,075
10$11,980$11,906$261,095
11$12,524$11,362$248,570
12$13,093$10,793$235,477
13$13,687$10,199$221,790
14$14,309$9,577$207,481
15$14,959$8,927$192,522
16$15,638$8,248$176,885
17$16,348$7,538$160,537
18$17,090$6,796$143,447
19$17,866$6,020$125,581
20$18,677$5,209$106,903
21$19,525$4,361$87,378
22$20,412$3,474$66,966
23$21,339$2,547$45,628
24$22,307$1,579$23,320
25$23,320$566$0

At the end of your 5-year term

Total paid over the term
$119,430
Principal paid down
$43,985
Interest paid
$75,445
Balance remaining
$316,015

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
Estimate$1,450/mo
$17,400Gross annual rent
2.3%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

3.9%
Gross yield
− Property tax $3,714− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,372

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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