8 Lampman Drive, Toronto, ON

Morningside, Toronto · MLS® E13503526

$1,199,000
For Sale
Listed 111 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
4Bathrooms
2Garage · 5 parking
1500-2000Sq ft

About this home

In short

  • Stunning 4+1 Bedroom Detached Home in a Highly Sought-After Family-Friendly Community.
  • Situated with no homes directly in front, this property overlooks a peaceful ravine, providing beautiful open views, added privacy, and a tranquil setting.
  • Upstairs, the expansive primary suite serves as a private retreat, complete with a luxurious 5-piece ensuite.
  • The professionally finished basement adds valuable living space, featuring a large recreation room, a stylish bar, and an additional bedroom-perfect for guests...
  • Located in an unbeatable location, this home is within walking distance to the University of Toronto Scarborough campus and Centennial College, and just minutes from...

Stunning 4+1 Bedroom Detached Home in a Highly Sought-After Family-Friendly Community!Proudly built by Lakeview Homes, this beautifully maintained residence offers the perfect blend of space, comfort, and convenience. Designed with a bright, open, and functional layout, the home features a spacious family room, an upgraded kitchen with granite countertops, a centre island, central vacuum, and a built-in ceiling sound system, upstairs laundry , ideal for modern family living and effortless entertaining.Enjoy exceptional curb appeal with a durable metal roof, a double-car garage, and full interlock driveway parking for up to six vehicles. Situated with no homes directly in front, this property overlooks a peaceful ravine, providing beautiful open views, added privacy, and a tranquil setting.Upstairs, the expansive primary suite serves as a private retreat, complete with a luxurious 5-piece ensuite. The professionally finished basement adds valuable living space, featuring a large recreation room, a stylish bar, and an additional bedroom-perfect for guests, extended family, or a home office.Step outside to the oversized deck, an ideal space for hosting summer barbecues, entertaining friends, or enjoying quality time with family.Located in an unbeatable location, this home is within walking distance to the University of Toronto Scarborough campus and Centennial College, and just minutes from Centenary Hospital, the GO Station, public transit, shopping, schools, parks, and Highway 401. Offering an outstanding combination of location, lifestyle, and functionality, this is a rare opportunity for families looking to upgrade their living.

Key facts

Property type
Detached, 2-Storey
MLS®
E13503526
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
36.09 × 98.43 ft
Cross streets
Morningside/Cindy Nicholas/Lampman
Parking
2 garage · 5 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Property tax
$4,947 / 2025
Days on market
111
Listing brokerage
CENTURY 21 GREEN REALTY INC.

Rooms

Bedroom 4Second10.30 × 3.28 m

b/i closet · broadloom

Bedroom 2Second10.01 × 3.28 m

b/i closet · broadloom

RecreationBasement0.00 × 0.00 m

wet bar · laminate

Living RoomMain16.99 × 10.99 m

combined w/dining · open concept

KitchenMain11.09 × 15.49 m

granite counters · centre island · eat-in kitchen

Bedroom 5Basement0.00 × 0.00 m

3 pc bath · laminate

Primary BedroomSecond12.01 × 15.58 m

5 pc ensuite · overlooks backyard · broadloom

Dining RoomMain16.99 × 10.99 m

combined w/living · open concept

Bedroom 3Second10.30 × 3.28 m

b/i closet · broadloom

Great RoomMain15.81 × 12.14 m

fireplace · overlooks backyard · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.18Mlikely sale price

Listed at $1,199,000. Going by how homes in Morningside and the wider GTA have actually closed against their asking prices (about 99%, 10 local closings in 90 days), the likely sale price is near $1.18M, if it sells. A realistic range is $1.11M to $1.33M.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $946K and $1.06M).

Why $1.01M. The typical detached home sold in Morningside over the past year went for about $840K (49 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,947 a year; the typical home sold here pays about $4,000.
  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it4+1 bedrooms and 4 baths, against 3+1 and 2 typically.
  • ▼ Lowers it slightlyIts lot is 36 by 98 ft; the typical lot sold here is 50 by 120.

Longer on the market than typical. 111 days on the market against about 24 for homes like it here, and asking 19% above where comparable closings put it.

List price
$1.11MBelow recent closings$1.33MAbove recent closings

Total price vs nearby homes. Likely closing about $1.18M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$940Kmedian sold price
101%of asking, on average
+3%prices vs a year ago
~20 dayshomes like this take to sell
111days on market so far
$2,954/moest. rent · 9 leases
3.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.2 months of inventory: 14 detached homes for sale in the area against 10 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 $685/sqft against an area asking average of $711/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $894K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Highcastle Public School. 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

Priced above comparable homes overall, but the price per square foot ($685/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 10 comparable homes that sold in Morningside over the past two years, from 82 closings there.

What sellers nearby are askingCurrently listed nearby in Morningside · asking prices
$1.07Mavg 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 $1.01M, which is where my estimate comes from.

Per square foot, these ask about $687/sqft; this home lists at $685/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home1.24M929k879k995k1.30MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Morningside, 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.

Rouge E11
$1.15M
Bendale
$949K
Wexford-Maryvale
$849K
Steeles
$1.20M
Woodbine-Lumsden
$949K

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 Highcastle Public School
65%
Highcastle Public SchoolPublic · Elementary · 1.4 km awayBelow the GTA average · 65% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John Paul II Catholic Secondary School · Catholic secondary0.5 km · 76% at standard
Military Trail Public School · Public elementary0.6 km · 36% at standard
St Florence Catholic School · Catholic elementary0.8 km · 73% at standard
Lucy Maud Montgomery Public School · Public elementary0.9 km · 74% at standard
Emily Carr Public School · Public elementary1.3 km · 70% at standard
Grey Owl Junior Public School · Public elementary1.6 km · 54% at standard
Morrish Public School · Public elementary1.6 km · 82% at standard
St Columba Catholic School · Catholic elementary1.6 km · 40% at standard
Alvin Curling Public School · Public elementary1.7 km · 78% at standard
Berner Trail Junior Public School · Public elementary1.9 km · 56% at standard
Cardinal Leger Catholic School · Catholic elementary2.0 km · 78% at standard
Alexander Stirling Public School · Public elementary2.0 km · 49% at standard

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

Affordability & Mortgage

Affordability
$5,465/mo
$224KIncome needed
5.3×Price ÷ income
$1,261Weekly cost
$40,910Land 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 $5,465Property tax $412Total carry $5,877

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)
$5,304per month

Mortgage amount $959,200 · 4.49% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,716Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,304
Property tax
$412
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,716

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,419/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

$631,874Total interest paid
$1,591,074Total of all payments
Principal $959,200 Interest $631,874
YearPrincipalInterestBalance
1$21,405$42,238$937,795
2$22,377$41,266$915,418
3$23,393$40,250$892,024
4$24,455$39,188$867,569
5$25,566$38,077$842,003
6$26,726$36,917$815,277
7$27,940$35,703$787,337
8$29,209$34,434$758,129
9$30,535$33,108$727,594
10$31,921$31,722$695,673
11$33,370$30,273$662,302
12$34,886$28,757$627,417
13$36,470$27,173$590,947
14$38,125$25,518$552,822
15$39,856$23,787$512,965
16$41,666$21,977$471,299
17$43,558$20,085$427,741
18$45,536$18,107$382,206
19$47,603$16,040$334,602
20$49,764$13,878$284,838
21$52,024$11,619$232,814
22$54,386$9,257$178,428
23$56,855$6,788$121,572
24$59,437$4,206$62,136
25$62,136$1,507$0

At the end of your 5-year term

Total paid over the term
$318,215
Principal paid down
$117,197
Interest paid
$201,018
Balance remaining
$842,003

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 9 whole-home leases in Morningside$2,954/mo
$35,448Gross annual rent
2.1%Cap rate after taxes and upkeep
$2,718 to $3,221Typical 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 9 whole-home leases in Morningside signed at a median of $2,304 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,954. 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.

3.0%
Gross yield
− Property tax $4,947− Insurance $1,400− Vacancy & upkeep $3,899Net operating income $25,202

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 GREEN REALTY INC.. MLS®/PropTx.

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