40 Stonemanse Court, Toronto, ON

Woburn, Toronto · MLS® E13795982

$1,399,000
For Sale
Listed 32 days agoNo offer date stated
4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Nestled on a quiet, family-centric cul-de-sac in the highly desirable Golfdale Gardens community, 40 Stonemanse Court presents a rare opportunity to own a timeless...
  • Set on an impressive 80-foot frontage, this exceptional property offers privacy, space, and breathtaking ravine views in a truly serene setting.
  • The family room, complete with a fireplace, offers a warm and inviting ambiance and features a walkout to an incredible newly built deck overlooking the golf course -...

Nestled on a quiet, family-centric cul-de-sac in the highly desirable Golfdale Gardens community, 40 Stonemanse Court presents a rare opportunity to own a timeless, solid brick two-storey residence backing directly onto the prestigious Scarborough Golf Course. Set on an impressive 80-foot frontage, this exceptional property offers privacy, space, and breathtaking ravine views in a truly serene setting. Designed for both everyday comfort and elegant entertaining, this four-bedroom, three-bathroom family home features a traditional main floor layout with beautifully defined principal rooms. The formal dining room is ideal for hosting gatherings, while the welcoming separate living room provides a relaxed space to unwind. The family room, complete with a fireplace, offers a warm and inviting ambiance and features a walkout to an incredible newly built deck overlooking the golf course - a spectacular setting to enjoy morning coffee, evening sunsets, and peaceful views year-round. The expansive galley kitchen overlooks the backyard and offers generous workspace and storage, perfectly positioned at the heart of the home. Convenience continues with main-level laundry and a double-car garage, providing practicality for busy family life. The lower level presents a massive blank canvas ready to be reimagined to suit your family's needs - whether an expansive recreation room, home gym, nanny or in-law suite, media retreat, or even a potential income-generating rental suite. The space offers incredible flexibility for today's evolving lifestyles. Backing onto the lush fairways of Scarborough Golf Course and surrounded by mature greenery, this home delivers unmatched tranquillity while remaining close to excellent shopping, restaurants, green space, and convenient access to major routes.A rare offering in a coveted enclave.

Key facts

Property type
Detached, 2-Storey
MLS®
E13795982
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
80.38 × 134.67 ft
Cross streets
Scarborough Golf Club Rd / Confederation Dr
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,392 / 2026
Days on market
32
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

LaundryMain3.07 × 2.44 m
Bedroom 2Second4.22 × 3.53 m
Family RoomMain4.11 × 6.30 m
OtherLower2.69 × 6.48 m
KitchenMain3.81 × 4.17 m
Primary BedroomSecond5.97 × 3.56 m
Bedroom 3Second3.99 × 3.53 m
Bedroom 4Second3.25 × 3.48 m
OtherLower12.27 × 11.35 m
Dining RoomMain4.42 × 3.56 m
FoyerMain5.69 × 3.48 m
Living RoomMain5.87 × 4.11 m
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.39Mlikely sale price

Listed at $1,399,000. Going by how homes in Woburn and the wider GTA have actually closed against their asking prices (about 99%, 38 local closings in 90 days), the likely sale price is near $1.39M, if it sells. A realistic range is $1.30M to $1.57M.

Independent value check: $1.28M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.20M and $1.34M).

Why $1.28M. The typical detached home sold in Woburn over the past year went for about $876K (151 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,392 a year; the typical home sold here pays about $4,200.
  • ▲ Raises it stronglyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it2 garage and 6 total parking spaces, against 1 and 3 typically.
List price
$1.30MBelow recent closings$1.57MAbove recent closings

Total price vs nearby homes. Likely closing about $1.39M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$865Kmedian sold price
101%of asking, on average
−6%prices vs a year ago
~14 dayshomes like this take to sell
32days on market so far
$3,552/moest. rent · 9 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 44 detached homes for sale in the area against 38 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 $622/sqft against an area asking average of $738/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Cedarbrae Collegiate Institute. 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 ($622/sqft) is below the area, so you are paying for extra space rather than a premium.

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

Based on 38 comparable homes that sold in Woburn over the past two years, from 305 closings there.

What sellers nearby are askingCurrently listed nearby in Woburn · asking prices
$1.05Mavg 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 $1.28M, which is where my estimate comes from.

Per square foot, these ask about $580/sqft; this home lists at $622/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.40MThis home1.10M799k980k1.30M1.07MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Woburn: $860K in September 2026, up 2% from a year ago, on 142 closings in 11 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$828K16
November 2025$869K18
December 2025$901K9
February 2026$839K11
March 2026$878K10
April 2026$838K12
May 2026$840K15
June 2026$834K12
July 2026$895K11
August 2026$890K16
September 2026$860K12

Neighbourhood & location

Woburn, 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.

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

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 Willow Park Junior Public School
27%
Willow Park Junior Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 27% meet the provincial standard
Tecumseh Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Alternative Scarborough Education 1 · Public secondary0.5 km
Cornell Junior Public School · Public elementary0.6 km · 74% at standard
Golf Road Junior Public School · Public elementary0.9 km · 56% at standard
Guildwood Junior Public School · Public elementary1.1 km · 80% at standard
Cedar Drive Junior Public School · Public elementary1.2 km · 53% at standard
St Ursula Catholic School · Catholic elementary1.2 km · 89% at standard
Maplewood High School · Public secondary1.3 km
Native Learning Centre East · Public secondary1.4 km
Galloway Road Public School · Public elementary1.5 km · 57% at standard
Sir Wilfrid Laurier Collegiate Institute · Public secondary1.5 km · 68% at standard
Eastview Public School · Public elementary1.6 km · 52% at standard
George B Little Public School · Public elementary1.6 km · 54% at standard

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

Affordability & Mortgage

Affordability
$6,376/mo
$263KIncome needed
5.3×Price ÷ income
$1,471Weekly cost
$48,910Land 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.

92%mortgage
Mortgage $6,376Property tax $533Total carry $6,909

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)
$6,188per month

Mortgage amount $1,119,200 · 4.49% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,721Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,188
Property tax
$533
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,721

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

6.49%Qualifying rate
$7,490/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

$737,275Total interest paid
$1,856,475Total of all payments
Principal $1,119,200 Interest $737,275
YearPrincipalInterestBalance
1$24,976$49,283$1,094,224
2$26,110$48,149$1,068,114
3$27,295$46,964$1,040,819
4$28,535$45,724$1,012,285
5$29,830$44,429$982,454
6$31,185$43,074$951,270
7$32,600$41,659$918,669
8$34,081$40,178$884,589
9$35,628$38,631$848,961
10$37,246$37,013$811,715
11$38,937$35,322$772,778
12$40,705$33,554$732,073
13$42,553$31,706$689,520
14$44,485$29,774$645,035
15$46,505$27,754$598,531
16$48,616$25,643$549,915
17$50,824$23,435$499,091
18$53,131$21,128$445,960
19$55,544$18,715$390,416
20$58,065$16,193$332,351
21$60,702$13,557$271,649
22$63,458$10,801$208,191
23$66,339$7,920$141,851
24$69,351$4,908$72,500
25$72,500$1,759$0

At the end of your 5-year term

Total paid over the term
$371,295
Principal paid down
$136,746
Interest paid
$234,549
Balance remaining
$982,454

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 Woburn$3,552/mo
$42,624Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,194 to $4,346Typical rent range
~22 daysTo find a tenant, on average

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 Woburn signed at a median of $3,454 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,552. 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 $6,392− Insurance $1,400− Vacancy & upkeep $4,689Net operating income $30,144

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

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