40 Sultana Avenue, Toronto C04

Price: $3,289,000

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C13813886

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 and crown moulding, 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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$3,289,000 - 40 Sultana Avenue, Lawrence Park

Detached for Sale in Lawrence Park

Neighbourhood: Englemount-Lawrence

5Beds
6Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
C13813886
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Lawrence Park / Bedford Park
Taxes (2026)
$13,850
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

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 and crown moulding, 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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Estimated Payment

$14,548.36/mo

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5-yr fixed avg.

Principal: $2,631,200Interest: $1,733,307
Mortgage Amount$2,631,200
Total Interest$1,733,307
Est. Property Tax$2,330/mo
Total Cost$4,364,507

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Englemount-Lawrence

Discover Englemount-Lawrence

Englemount-Lawrence is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Englemount-Lawrence

  • •Convenient location in Lawrence Park / Bedford Park
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Englemount-Lawrence offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

40 Sultana Avenue, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,330
Insurance (est.)-$685
Net Cash Flow+$1,435

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $940/sqft, this property is priced in line with current Lawrence Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Lawrence Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Lawrence Park.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    40 Sultana Avenue | $3,289,000 | Battaglia Team