2 Lapworth Crescent, Toronto, ON
Steeles, Toronto · MLS® E13602400
About this home
Welcome to this stunning custom-built detached home by "Chiavatti Homes", Nestled on a premium corner lot in one of Scarborough's most sought-after neighborhoods. Boasting 4 spacious bedrooms 4 washrooms plus a fully finished basement with bedroom, kitchen, washroom, second fireplace and Separate Entrance. This home offers the perfect blend of comfort, space, and luxury. Step into the beautifully updated interior featuring renovated bathrooms, elegant tile flooring, and a unique front solarium that fills the home with natural light. The open and functional layout is ideal for families and entertaining alike. Bonus Main Floor Laundry Rough In Used as an Office with Side Entrance. The walk-up basement offers exceptional versatility perfect for extended family, guests, or potential income. Step outside the Kitchen to enjoy a large walk-out porch, perfect for relaxing or hosting gatherings while overlooking a well maintained garden and landscape with an enclosed Fig Tree! A True Two Family Home. Brand New Roof (2025) & Garage Door. Close to All Major Highways, 404 & 401, Hospital, Grocery & Transit. This Rare Home Offers So Much For All End Users. A Must See!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13602400
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 42.65 × 124.81 ft
- Cross streets
- Birchmount/McNicoll
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $7,843 / 2025
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
combined w/dining · large window · hardwood floor
hardwood floor · large window
fireplace · hardwood floor · large window
hardwood floor · combined w/living · casement windows
window · mirrored closet · hardwood floor
overlooks backyard · closet · casement windows
5 pc ensuite · walk-in closet(s) · overlooks frontyard
walk-up · combined w/rec · tile floor
fireplace · combined w/kitchen · hardwood floor
overlooks backyard · casement windows · closet
quartz counter · porcelain floor · w/o to porch
porcelain floor · combined w/solarium
overlooks frontyard · closet · casement windows
tile floor · skylight · casement windows
Listed at $1,399,000, and my independent estimate is right in line with comparable homes.
In Steeles lately, sellers get about 103% of asking; homes sell in ~22 days.
Total price vs nearby homes. Fair value about $1.35M, median of 46 comparables.
How this estimate is builtthe short version
I take the 46 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.45M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Dr Norman Bethune Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 46 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 8% below the area average of $555/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Steeles, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
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 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $1,119,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,972
- Property tax
- $654
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,626
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,455
- Toronto municipal land transfer tax
- $24,455
- Estimated closing costs
- $48,910
Plus your down payment of $279,800. 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
- $358,348
- Principal paid down
- $142,530
- Interest paid
- $215,818
- Balance remaining
- $976,670
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 RIGHT AT HOME REALTY. MLS®/PropTx.