148 Strathallan Boulevard, Toronto, ON

Lawrence Park South, Toronto · MLS® C14088196

$4,449,000
For Sale
Listed 4 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • A Stunning Landmark Residence In The Coveted Enclave Of Prime Lytton Park.
  • Situated On An Oversized Corner Lot, This Quintessential Lytton Park Home Is A Rare Offering Of Timeless Elegance, Architectural Charm, And Understated Luxury.
  • Rich Hardwood Floors, Exquisite Millwork, Crown Moulding, Wainscoting, And Elegant Architectural Details Add Warmth And Distinction To Every Room.

A Stunning Landmark Residence In The Coveted Enclave Of Prime Lytton Park. Situated On An Oversized Corner Lot, This Quintessential Lytton Park Home Is A Rare Offering Of Timeless Elegance, Architectural Charm, And Understated Luxury. With Its Classic Brick Exterior, Cedar Shake Roof, Charming Arched Windows, And Picturesque English Gardens, This Exceptional Residence Evokes The Romance Of An English Country Cottage, Beautifully Reimagined For Modern Family Living. Thoughtfully Updated While Preserving Its Original Character, The Home Seamlessly Blends Traditional Sophistication With The Modern Comforts Today's Families Appreciate. An Abundance Of Windows On All Four Sides Bathes The Interiors In Natural Light, Creating An Airy, Inviting Atmosphere Throughout. Rich Hardwood Floors, Exquisite Millwork, Crown Moulding, Wainscoting, And Elegant Architectural Details Add Warmth And Distinction To Every Room. Gracious Principal Rooms, A Dedicated Main Floor Office, And A Beautifully Appointed Kitchen With Premium Appliances Flow Effortlessly Into The Inviting Family Room, Offering The Perfect Balance Of Formal Entertaining And Everyday Living. Four Generously Proportioned Bedrooms Upstairs, Including A Serene Primary Retreat, Complement A Versatile Finished Lower Level With An Additional Bedroom, Recreation Room, And Abundant Storage. Outside, A Truly Enchanting, Private English Garden Sanctuary Awaits. Mature Trees, A Quintessential Japanese Maple, Lush Perennial Gardens, Climbing English Vines, And Towering Cedars Create A Picturesque Setting Of Exceptional Privacy. A Rare Double Car Garage With Convenient Interior Access And An Oversized Double-Wide Driveway Complete This Remarkable Offering. A Truly Exceptional Home Of Enduring Beauty And Character. Opportunities Like This In Prime Lytton Park Are Few And Far Between.

Key facts

Property type
Detached, 2-Storey
MLS®
C14088196
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
60 × 133.66 ft
Cross streets
AVENUE AND LAWRENCE
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Cedar
Sewer
Sewer
Property tax
$19,398 / 2026
Days on market
4
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenMain3.79 × 7.36 m

centre island · breakfast bar · stainless steel coun

Bedroom 4Second5.29 × 2.82 m

picture window · closet · hardwood floor

BreakfastMain2.80 × 3.27 m

walk-out · open concept · combined w/family

RecreationLower7.24 × 6.29 m

broadloom · above grade window · pot lights

LaundryLower4.20 × 4.82 m

tile floor · laundry sink · above grade window

Primary BedroomSecond4.26 × 6.12 m

ensuite bath · walk-in closet(s) · hardwood floor

Bedroom 3Second4.30 × 4.81 m

double closet · picture window · hardwood floor

Living RoomMain4.34 × 6.58 m

hardwood floor · fireplace · b/i bookcase

Family RoomMain7.14 × 4.70 m

b/i bookcase · pot lights · hardwood floor

Bedroom 2Second4.44 × 3.38 m

picture window · double closet · hardwood floor

BedroomLower4.14 × 3.34 m

closet · above grade window · broadloom

Dining RoomMain4.95 × 4.26 m

hardwood floor · picture window · pot lights

StudyMain3.11 × 3.94 m

b/i shelves · b/i desk · picture window

Our TakeTeam Asgarian · Broker
A small discount is typical
$4.31Mlikely sale price

Listed at $4,449,000. Going by how homes in Lawrence Park South 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 $4.31M, if it sells. A realistic range is $4.04M to $4.85M.

Independent value check: $3.89M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $3.65M and $4.08M).

Why $3.89M. The typical detached home sold in Lawrence Park South over the past year went for about $2.75M (107 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $19,398 a year; the typical home sold here pays about $13,600.
  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$4.04MBelow recent closings$4.85MAbove recent closings

Total price vs nearby homes. Likely closing about $4.31M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$2.16Mmedian sold price
95%of asking, on average
−23%prices vs a year ago
~16 dayshomes like this take to sell
4days on market so far
$8,819/moest. rent · 7 leases
2.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.9 months of inventory: 19 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 $1,047/sqft against an area asking average of $1,401/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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.67M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Lawrence Park Collegiate Institute, 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 ($1,047/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Lawrence Park South, so I widened the search to the surrounding area.

Based on 20 comparable homes that sold in Lawrence Park South over the past two years, from 205 closings there.

What sellers nearby are askingCurrently listed nearby in Lawrence Park South · asking prices
$6.75Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.89M, which is where my estimate comes from.

Per square foot, these ask about $1,587/sqft; this home lists at $1,047/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
4.45MThis home5.45M6.29M8.50MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Lawrence Park South: $2.31M in September 2026, down 13% from a year ago, on 97 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$2.80M11
November 2025$2.33M6
February 2026$3.05M5
March 2026$2.51M5
April 2026$2.90M17
May 2026$2.87M20
June 2026$2.60M13
July 2026$2.69M6
August 2026$1.92M6
September 2026$2.31M8

Neighbourhood & location

Lawrence Park South, 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.

Leaside
$1.55M
Lansing-Westgate
$1.60M
Banbury-Don Mills
$2.28M
Wexford-Maryvale
$849K
Willowridge-Martingrove-Richview
$1.10M

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 Lawrence Park Collegiate Institute
92%
Lawrence Park Collegiate InstitutePublic · Secondary · 1.0 km awayAmong the top in the GTA · 92% meet the provincial standard
Glenview Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Allenby Junior Public School · Public elementary0.6 km · 78% at standard
John Ross Robertson Junior Public School · Public elementary0.8 km · 83% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary0.9 km · 74% at standard
North Preparatory Junior Public School · Public elementary1.0 km · 71% at standard
Forest Hill Collegiate Institute · Public secondary1.3 km · 76% at standard
Oriole Park Junior Public School · Public elementary1.4 km · 100% at standard
Glen Park Public School · Public elementary1.5 km · 54% at standard
John Fisher Junior Public School · Public elementary1.6 km · 85% at standard
St Monica Catholic School · Catholic elementary1.6 km · 78% at standard
John Wanless Junior Public School · Public elementary1.7 km · 88% at standard
Ledbury Park Elementary and Middle School · Public elementary1.7 km · 77% at standard
North Toronto Collegiate Institute · Public secondary1.7 km · 88% at standard

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

Affordability & Mortgage

Affordability
$20,277/mo
$825KIncome needed
5.4×Price ÷ income
$4,679Weekly cost
$214,380Land 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 $20,277Property tax $1,616Total carry $21,894

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$19,679per month

Mortgage amount $3,559,200 · 4.49% over 25 years

$889,800Down payment (20.0%)
$3,559,200Loan before insurance
$0CMHC premium
$21,296Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19,679
Property tax
$1,617
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21,296

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

One-time closing costs

Ontario land transfer tax
$97,700
Toronto municipal land transfer tax
$116,680
Estimated closing costs
$214,380

Plus your down payment of $889,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$23,819/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

$2,344,628Total interest paid
$5,903,828Total of all payments
Principal $3,559,200 Interest $2,344,628
YearPrincipalInterestBalance
1$79,426$156,727$3,479,774
2$83,032$153,121$3,396,741
3$86,802$149,351$3,309,939
4$90,744$145,409$3,219,195
5$94,864$141,289$3,124,331
6$99,171$136,982$3,025,160
7$103,674$132,479$2,921,487
8$108,381$127,772$2,813,106
9$113,302$122,851$2,699,804
10$118,446$117,707$2,581,358
11$123,824$112,329$2,457,534
12$129,446$106,707$2,328,087
13$135,324$100,829$2,192,764
14$141,468$94,685$2,051,296
15$147,891$88,262$1,903,405
16$154,606$81,547$1,748,799
17$161,626$74,527$1,587,173
18$168,964$67,189$1,418,209
19$176,636$59,517$1,241,573
20$184,656$51,497$1,056,918
21$193,040$43,113$863,878
22$201,805$34,349$662,073
23$210,967$25,186$451,106
24$220,546$15,607$230,560
25$230,560$5,593$0

At the end of your 5-year term

Total paid over the term
$1,180,766
Principal paid down
$434,869
Interest paid
$745,897
Balance remaining
$3,124,331

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 7 whole-home leases in Lawrence Park South$8,819/mo
$105,828Gross annual rent
1.6%Cap rate after taxes and upkeep
$7,804 to $9,524Typical rent range

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 7 whole-home leases in Lawrence Park South signed at a median of $7,986 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,819. 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.

2.4%
Gross yield
− Property tax $19,398− Insurance $1,400− Vacancy & upkeep $11,641Net operating income $73,389

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

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