224-35 Saranac Boulevard, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C14087580

$450,000
For Sale
Listed 3 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Step into this impeccably maintained 1-bedroom + den suite (670 sq. ft.) located in the highly desirable Cranbrooke Village.
  • Designed with a functional open-concept layout, this residence is complemented by floor-to-ceiling windows that fill the living and dining areas with abundant natural...
  • Ideally situated in a quiet yet well-connected neighbourhood, this residence is just steps to shops, restaurants, Lawrence Plaza, parks, and community centres.
  • Convenient access to TTC transit, Highway 401, and Allen Road ensures seamless commuting.

Step into this impeccably maintained 1-bedroom + den suite (670 sq. ft.) located in the highly desirable Cranbrooke Village. Designed with a functional open-concept layout, this residence is complemented by floor-to-ceiling windows that fill the living and dining areas with abundant natural light while offering expansive, unobstructed views. The contemporary kitchen is both stylish and practical, featuring ample cabinetry, a convenient breakfast bar, and elegant blue finishes. The generously sized bedroom includes a large closet and full-height window, while the versatile den-enhanced by a full wall of custom closets-provides an ideal space for a home office or additional living area. Enjoy your private balcony, perfect for morning coffee or evening relaxation. Residents benefit from a selection of premium amenities, including a rooftop BBQ terrace, fully equipped fitness centre, and a sophisticated party room for entertaining. Ideally situated in a quiet yet well-connected neighbourhood, this residence is just steps to shops, restaurants, Lawrence Plaza, parks, and community centres. Convenient access to TTC transit, Highway 401, and Allen Road ensures seamless commuting. This bright, carpet-free, move-in ready suite offers an exceptional blend of comfort, style, and convenience. Low maintenance fees within this LEED Gold-certified building further enhance its appeal, delivering an eco-conscious and effortless lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14087580
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Bathurst / Lawrence Ave W
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick Front, Concrete
Maintenance
$542/mo
Exposure
South
Property tax
$2,473 / 2025
Days on market
3
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Dining RoomFlat2.50 × 4.72 m

open concept · pot lights · laminate

DenFlat2.36 × 2.12 m

b/i closet · separate room · laminate

Primary BedroomFlat4.24 × 2.84 m

large window · closet organizers · laminate

KitchenFlat3.35 × 3.61 m

quartz counter · breakfast bar · open concept

Living RoomFlat4.35 × 3.17 m

w/o to balcony · open concept · laminate

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
$662kavg asking

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

Per square foot, these ask about $952/sqft; this home lists at $693/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
450kThis home499k499k989kThis 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.

Mount Pleasant West
$530K
Willowdale East
$820K
Bayview Village
$554K
North St. James Town
$649K
Kensington-Chinatown
$548K

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 Glen Park Public School
54%
Glen Park Public SchoolPublic · Elementary · 1.1 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Flemington Public School · Public elementary1.0 km · 36% at standard
Baycrest Public School · Public elementary1.0 km · 69% at standard
Bannockburn Public School · Public elementary1.5 km
Lawrence Heights Middle School · Public elementary1.5 km · 44% at standard
St Margaret Catholic School · Catholic elementary1.6 km · 82% at standard
John Wanless Junior Public School · Public elementary1.7 km · 88% at standard
Lawrence Park Collegiate Institute · Public secondary1.7 km · 92% at standard
Glenview Senior Public School · Public elementary1.8 km
St Charles Catholic School · Catholic elementary1.9 km · 62% at standard
John Ross Robertson Junior Public School · Public elementary1.9 km · 83% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary2.0 km · 84% at standard
Summit Heights Public School · Public elementary2.1 km · 85% at standard

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

Affordability & Mortgage

Affordability
$2,051/mo
$99KIncome needed
4.6×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.

73%mortgage
Mortgage $2,051Property tax $206Condo fee $542Total carry $2,799

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 19, 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
$2,739Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,991
Property tax
$206
Condo / maintenance fees
$542
Heating
$0
Estimated monthly cost
$2,739

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$2,050/mo
$24,600Gross annual rent
2.7%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.

5.5%
Gross yield
− Property tax $2,473− Condo fees $6,507− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,314

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

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