46 Monastery Lane, Toronto, ON

Clairlea-Birchmount, Toronto · MLS® E13826996

$1,488,000
For Sale
Listed 24 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Absolutely Fabulous Warden Woods Detached 4-Bedroom, 4-Bathroom Home.
  • Huge Primary Bedroom And Fully Finished Basement.
  • Short Walk To Warden Subway, Schools, Parks And Big-Box Stores.
  • The Vendor Has Spent $150,000+ On Renovations, Front And Backyard Landscaping, Epoxy Garage Flooring And Extra Storage Cabinets.
  • Custom-Designed Basement With An Open-Concept Layout And Walk-Out To The Backyard. https://www.photographyh.com/mls/g193v/

Absolutely Fabulous Warden Woods Detached 4-Bedroom, 4-Bathroom Home. Walk Out To The Deck And Garden-A Great Space For Entertaining. Huge Primary Bedroom And Fully Finished Basement. This Home Backs Onto A Park/Sports Field With Tennis Facilities And More. Short Walk To Warden Subway, Schools, Parks And Big-Box Stores. Located Directly Across From The Famous SATEC School! Situated In The Sought-After Clairlea Neighbourhood In Toronto, Close To Warden Subway Station And The Don Valley Parkway. Short Walk To Schools, Shopping Plazas, Community Centre, Soccer Field, Playground And Children's Water Park.The Home Is Located On A Quiet Street. The Vendor Has Spent $150,000+ On Renovations, Front And Backyard Landscaping, Epoxy Garage Flooring And Extra Storage Cabinets. Custom-Designed Basement With An Open-Concept Layout And Walk-Out To The Backyard. https://www.photographyh.com/mls/g193v/

Key facts

Property type
Detached, 2-Storey
MLS®
E13826996
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
29.53 × 100.07 ft
Cross streets
Warden Ave/St.Clair Ave
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,777 / 2026
Days on market
24
Listing brokerage
HOME STANDARDS BRICKSTONE REALTY

Rooms

Dining RoomGround3.48 × 3.35 m

ceramic floor · w/o to deck · vaulted ceiling(s)

RecreationBasement4.80 × 6.76 m

laminate · w/o to yard · open concept

Bedroom 2Second2.77 × 2.95 m

hardwood floor · closet · large window

Bedroom 4Second3.02 × 3.07 m

hardwood floor · closet · large window

Primary BedroomSecond5.18 × 3.94 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

KitchenBasement3.02 × 5.08 m

laminate · open concept

KitchenGround3.12 × 3.35 m

ceramic floor · open concept · stainless steel appl

Family RoomGround3.15 × 3.25 m

hardwood floor · gas fireplace · vaulted ceiling(s)

Bedroom 3Second3.61 × 3.02 m

hardwood floor · closet · large window

Living RoomGround6.25 × 3.25 m

hardwood floor · crown moulding · combined w/dining

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

The assigned public school is SATEC @ W A Porter Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Clairlea-Birchmount · asking prices
$1.53Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $585/sqft; this home lists at $661/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.49MThis home1.68M1.55M1.40M1.50MThis home vs active comparables

Neighbourhood & location

Clairlea-Birchmount, 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.

Woodbine-Lumsden
$949K
Wexford-Maryvale
$849K
Bendale
$900K
Leaside
$2.15M
Banbury-Don Mills
$5.50M

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 Clairlea Public School
57%
Clairlea Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 57% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Joachim Catholic School · Catholic elementary0.8 km · 63% at standard
Regent Heights Public School · Public elementary0.9 km · 68% at standard
General Brock Public School · Public elementary1.0 km · 55% at standard
Victoria Park Elementary School · Public elementary1.1 km · 92% at standard
Danforth Gardens Public School · Public elementary1.3 km · 58% at standard
O'Connor Public School · Public elementary1.6 km · 47% at standard
J G Workman Public School · Public elementary1.6 km · 51% at standard
Taylor Creek Public School · Public elementary1.7 km · 41% at standard
Gordon A Brown Middle School · Public elementary1.8 km · 77% at standard
George Webster Elementary School · Public elementary1.8 km · 58% at standard
Selwyn Elementary School · Public elementary1.8 km · 85% at standard
Crescent Town Elementary School · Public elementary2.0 km · 68% at standard

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

Affordability & Mortgage

Affordability
$6,782/mo
$276KIncome needed
5.4×Price ÷ income
$1,565Weekly cost
$52,470Land 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 $6,782Property tax $481Total carry $7,263

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)
$6,582per month

Mortgage amount $1,190,400 · 4.49% over 25 years

$297,600Down payment (20.0%)
$1,190,400Loan before insurance
$0CMHC premium
$7,063Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,582
Property tax
$481
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,063

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

One-time closing costs

Ontario land transfer tax
$26,235
Toronto municipal land transfer tax
$26,235
Estimated closing costs
$52,470

Plus your down payment of $297,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,966/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

$784,178Total interest paid
$1,974,578Total of all payments
Principal $1,190,400 Interest $784,178
YearPrincipalInterestBalance
1$26,565$52,418$1,163,835
2$27,771$51,212$1,136,065
3$29,032$49,951$1,107,033
4$30,350$48,633$1,076,683
5$31,728$47,255$1,044,955
6$33,168$45,815$1,011,787
7$34,674$44,309$977,112
8$36,249$42,734$940,863
9$37,895$41,088$902,969
10$39,615$39,368$863,354
11$41,414$37,569$821,940
12$43,294$35,689$778,646
13$45,260$33,723$733,386
14$47,315$31,668$686,071
15$49,463$29,520$636,607
16$51,709$27,274$584,898
17$54,057$24,926$530,841
18$56,511$22,472$474,330
19$59,077$19,906$415,253
20$61,759$17,224$353,494
21$64,564$14,420$288,930
22$67,495$11,488$221,435
23$70,560$8,424$150,876
24$73,763$5,220$77,112
25$77,112$1,871$0

At the end of your 5-year term

Total paid over the term
$394,916
Principal paid down
$145,445
Interest paid
$249,471
Balance remaining
$1,044,955

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
Estimate$4,200/mo
$50,400Gross annual rent
2.5%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

3.4%
Gross yield
− Property tax $5,777− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,679

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOME STANDARDS BRICKSTONE REALTY. MLS®/PropTx.

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