2 Ladysbridge Drive, Toronto, ON
Morningside, Toronto · MLS® E13811454
About this home
In short
- Situated on a premium 125 ft x 50 ft corner lot in the desirable Morningside neighborhood, this home combines modern design.
- Fully renovated in 2025, the bright, open-concept layout is enhanced by vaulted ceilings and large windows that fill the space with natural light.
- Ensuite Washroom added to the Master Bedroom in 2025 for added privacy.
- The property also includes a separate entrance to a beautifully updated 1-bedroom, 1-bathroom basement apartment, complete with a full kitchen, excellent income...
- The property features a professionally renovated asphalt driveway (2026), with approximately $5,650 invested in the upgrade, enhancing both curb appeal and functionality.
Situated on a premium 125 ft x 50 ft corner lot in the desirable Morningside neighborhood, this home combines modern design. Fully renovated in 2025, the bright, open-concept layout is enhanced by vaulted ceilings and large windows that fill the space with natural light. The stunning kitchen is a focal point, featuring a breakfast bar, stainless steel appliances, quartz countertops, and a skylight. Elegant pot lights and a sleek glass-railing staircase lead to three generously sized bedrooms. Ensuite Washroom added to the Master Bedroom in 2025 for added privacy. The property also includes a separate entrance to a beautifully updated 1-bedroom, 1-bathroom basement apartment, complete with a full kitchen, excellent income potential, previously tenanted. NEW ROOF 2024 DEC. Tankless Water Heater installed in 2025 ($4500), KENT Drinking water purifier ($1800), Brand New Furniture can be included or removed (Centre table, Dining Table with 4 chairs, 4 wardrobe closets, 1 study table, and 1 King Size Bed (Master bedroom), 1 Queen Size bed (Basement), all furniture worth $12,000. The property features a professionally renovated asphalt driveway (2026), with approximately $5,650 invested in the upgrade, enhancing both curb appeal and functionality.
Key facts
- Property type
- Detached, Backsplit 3
- MLS®
- E13811454
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 125 × 50 ft
- Cross streets
- Scarborough Golf Club/Lawrence
- Parking
- 1 garage · 4 parking (carport)
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,706 / 2026
- Days on market
- 28
- Listing brokerage
- PINNACLE REALTY
Rooms
3 pc ensuite · glass doors
laminate · pot lights
laminate · window · pot lights
laminate · window · pot lights
laminate · window · pot lights
laminate · vaulted ceiling(s) · pot lights
skylight · quartz counter · breakfast bar
laminate · quartz counter · pot lights
laminate · window · pot lights
3 pc bath · glass doors · quartz counter
3 pc bath · tile floor
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 readThe assigned public school is Woburn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $617/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Morningside, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,534
- Property tax
- $309
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,843
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Toronto municipal land transfer tax
- $12,455
- Estimated closing costs
- $24,910
Plus your down payment of $159,800. 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
- $212,055
- Principal paid down
- $78,098
- Interest paid
- $133,956
- Balance remaining
- $561,102
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 PINNACLE REALTY. MLS®/PropTx.