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New3 hours ago

171 Glengrove Avenue W

Lawrence Park South, Toronto

$4,200,000

Detached|2 1/2 Storey
5 | 5 | 4
About this home

Beautifully renovated and thoughtfully expanded, this exceptional 5-bedroom Lawrence Park South home offers three levels of sophisticated living in one of Toronto's most established neighbourhoods. Extensively renovated in 2014/15, including the addition of a third floor, the home combines timeless character with impressive modern upgrades. The main level features generous living and dining rooms, a beautifully appointed kitchen with Wolf range, Sub-Zero refrigeration and Bosch dishwasher, and an inviting family room overlooking the property. Hardwood floors, architectural lighting, pot lights, gas fireplaces, built-in speakers and an abundance of windows carry throughout the home. Upstairs, the spacious primary retreat features a walk-in closet and luxurious 5-piece ensuite with heated floors, freestanding tub and separate shower. Four additional bedrooms provide exceptional flexibility for families, guests and home offices, while the third floor offers its own heating and cooling system, distinctive architectural ceilings and a Juliette balcony. The finished lower level extends the living space with a home theatre, additional recreation/family areas, full bathroom and ample storage. Outside is a truly special entertaining space with a built-in TEC infrared BBQ, outdoor fireplace, custom granite-clad water feature, speakers, extensive hardscaping and a versatile garage currently enjoyed as a covered entertaining space. Ideally situated betweenAvenue Rd and Yonge St, close to John Ross Robertson, Glenview, Havergal College, Lawrence Park, ravines, walking trails, parks, transit and the shops, restaurants and everyday conveniences of Yonge & Lawrence. A substantial, beautifully finished home in a peaceful, tree-lined neighbourhood with everything close at hand.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$20,196
Lot Size49.45 ft x 115.66 ft
mls© NumberC13862300
Listed ByNEW ERA REAL ESTATE

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$21,498
Property tax
$1,683
Heat allowance
$150
Housing costs
$23,330 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $840,000
25-yr amortization

Income needed

$718,000

gross annual household income

Payment at 4%
$17,674 / mo
Cash down
$840,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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