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New2 hours ago

40 Sultana Avenue

Englemount-Lawrence, Toronto

$3,289,000

Detached|2-Storey
4 | 6 | 6
About this home

Built by renowned Toronto custom home builder Waltscon, this 4+1-bedroom, six-bathroom residence sits on a 40-by-132-foot lot and reflects extraordinary craftsmanship and attention to detail. The spacious foyer introduces soaring ceilings, crown moulding and hardwood floors, establishing the home's refined yet welcoming character. The formal living room, anchored by a gas fireplace with a traditional wood mantel, flows effortlessly into the coffered-ceiling dining room, where a wall of white oak cabinets provides generous storage. A private French-door office and main-floor powder room add flexibility. A server's pantry connects the dining room to the heart of the home: a beautifully appointed kitchen with marble countertops, top-tier appliances, two sinks, two dishwashers and an oversized white oak island with breakfast-bar seating, creating an ideal kosher kitchen. A walk-in pantry adds further convenience. The kitchen opens to a sun-filled breakfast room framed by a bay window, with seating for up to eight and views over the backyard, while the adjoining family room features a marble fireplace flanked by custom white oak cabinetry and walkouts to the elevated deck. Upstairs, four generous bedrooms are complemented by a spacious laundry room and beautifully finished bathrooms. The primary suite offers a fireplace, custom-fitted walk-in closet and luxurious six-piece marble ensuite. Bedrooms Two and Three share a five-piece semi-ensuite, while Bedroom Four enjoys its own three-piece ensuite. The bright lower level, enhanced by extra-high ceilings and above-grade windows, offers a recreation room, second kitchen with separate entrance, guest bedroom, three-piece bathroom, additional powder room, excellent storage and direct access to the two-car garage-ideal for guests or extended family. Exceptional value in family-friendly Englemount-Lawrence, close to schools, parks, shopping and transit.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$13,850
Lot Size40 ft x 132 ft
mls© NumberC13813886
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • 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%
$16,835
Property tax
$1,154
Heat allowance
$150
Housing costs
$18,139 / mo

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

Down payment20% · $657,800
25-yr amortization

Income needed

$558,000

gross annual household income

Payment at 4%
$13,841 / mo
Cash down
$657,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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