Mark Arnstein - RE/MAX Hallmark Realty, North Toronto

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Private Office
3317 Yonge Street, 2nd Floor
Toronto, ON M4N 2M9

P: 416.930.6730
Office: 416.486.5588
E: mark@markarnstein.com
SOLD

359 Cranbrooke Avenue

Detached in Lawrence Park North, Toronto C04, Toronto

$2,999,999
  • 4 + 1 Beds
  • 5 Baths
  • 2000-2500 Sq. Ft.
359 Cranbrooke Avenue - Modern Family Luxury in Lawrence Park North. Welcome to 359 Cranbrooke Avenue, a stunning modern family home nestled in the heart of Lawrence Park North, one of Torontos most desirable neighbourhoods for families and professional couples alike. This elegant detached residence perfectly combines luxury, functionality, and walkability in an unbeatable location. Steps to John Wanless Junior Public School, Lawrence Park Collegiate, and just a short stroll to the shops, cafes, and restaurants along Yonge St and Avenue Rd. This home offers the best for the lifestyle of Toronto family living. Enjoy easy access to the TTC, parks, and top-rated private schools such as Havergal College and Toronto French School, all within walking distance.The open-concept main floor is designed for entertaining, featuring a custom chefs kitchen with black stone counters, a massive centre island, and Sub-Zero and Wolf appliances. Warm white oak hardwood floors, 3 gas fireplaces with stone surround (one gas, 2 electric), and oversized black aluminum windows create a sophisticated yet comfortable atmosphere. The expansive sliding doors lead to a beautiful rear deck and landscaped backyard perfect for gatherings and everyday living. Upstairs, you will find four spacious bedrooms, including a primary suite with a spa-inspired ensuite (heated floors) and a walk-in dressing area. A large skylight fills the home with natural light, complemented by oversized windows throughout.The lower level offers a generous recreation room, wet bar with custom millwork, guest bedroom, and walkout to the backyard w/ massive glass sliding door. Additional features include radiant in-floor heating in basement, heated bathroom floors, Creston smart home system, in-ground sprinklers, and rough-in for a heated driveway and front steps. Experience refined living and timeless design at 359 Cranbrooke Avenue the perfect blend of urban convenience and family comfort in Lawrence Park North.
Address
359 Cranbrooke Avenue
List Price
$2,999,999
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C04
Sub-Area
Lawrence Park North
Region
Toronto
Bedrooms
4 + 1
Bedrooms (Total)
5
Rooms Above Grade
10
Rooms Below Grade
2
Bathrooms
5
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
110
Lot Size Units
Feet
Lot Width
25
Parcel Number
103480200
Occupant Type
Owner
Cross Street
Avenue Rd and Lawrence Ave W.
MLS® Number
C12673838
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement Area
Finished with Walk-Out
Postal Code
M5M 1N2
Posession Details
TBA
Parking
Private
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$14,818.00
Tax Year
2025
Interior Features
Auto Garage Door Remote, Bar Fridge, Central Vacuum
Central Vacuum
Yes
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Stucco (Plaster)
Direction Faces
South
Fireplace
Yes
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Built-In
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Shingles
Waterfront
No
Sewer
Sewer

Rooms

Floor Type Dimensions Features
Main Foyer 1.46 x 3.86
Main Dining Room 4.95 x 4.58 Bay Window, Gas Fireplace, Hardwood Floor
Main Kitchen 5.42 x 7.71 B/I Appliances, Centre Island, Stone Counters
Main Living Room 5.41 x 3.88 Gas Fireplace, Hardwood Floor, Walk-Out
Second Primary Bedroom 3.57 x 7.89 5 Pc Ensuite, B/I Closet, Hardwood Floor
Second Bedroom 2 2.7 x 3.67 Closet, Hardwood Floor, Large Window
Second Bedroom 3 2.7 x 5.09 3 Pc Ensuite, Hardwood Floor, Large Window
Second Bedroom 4 8.7 x 3.98 Closet, Hardwood Floor, Large Window
Lower Recreation 5.4 x 6.58 Gas Fireplace, Heated Floor, Walk-Out
Lower Office 3.25 x 2.71 Closet, Heated Floor, Window
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Lawrence Park Real Estate Market Update – Q3 2026: What Buyers and Sellers Need to Know

Is Lawrence Park a buyer's market in 2026? The latest numbers suggest it is.

The third quarter of 2026 brought a noticeable shift to the North Toronto real estate market. In C04, which includes Lawrence Park North and Lawrence Park South, there were just over 1,900 sales and more than 5,300 new listings. Homes averaged 46 days on market.

That's approximately three new listings for every sale. In other words, buyers have more choices, and sellers are facing more competition.

I'm Mark Arnstein with RE/MAX Hallmark, specializing in Lawrence Park and North Toronto real estate. Here's what these numbers mean for buyers and sellers.

What Do the Q3 2026 Numbers Tell Us?

The market is currently leaning in favour of buyers.

With inventory outpacing sales, buyers have more time to compare properties, negotiate and make informed decisions. Sellers, meanwhile, need to be realistic about pricing and understand the competition.

Homes are still selling, but the right pricing strategy is more important than ever.

How Long Does It Take to Sell a Home in Lawrence Park?

Homes across C04 averaged approximately 46 days on market in Q3 2026.

The biggest factor? Pricing.

Homes priced appropriately for current market conditions can still attract serious buyers. Properties priced too high often sit longer, particularly when buyers have plenty of alternatives.

My advice to sellers is simple: get the price right from day one.

What Are Homes Worth in Lawrence Park?

The average detached home price across the Toronto GTA area was approximately $1,026,000 in Q3 2026.

C04 has its own distinct pricing picture:

Average C04 Detached Home Price: [INSERT PRICE]

Of course, Lawrence Park North and Lawrence Park South each have their own market dynamics. Street location, lot size, property condition and recent comparable sales all influence value.

What Should Buyers and Sellers Do?

For buyers: More inventory means more choice and potentially more negotiating room. Take the time to understand market value and don't assume asking prices reflect what a property is worth.

For sellers: Preparation, presentation and pricing are critical. Buyers are comparing properties carefully, so your home needs to stand out and be priced competitively.

Thinking About Buying or Selling in Lawrence Park?

I've been helping clients buy and sell homes in Lawrence Park and North Toronto for [NUMBER] years with [BROKERAGE].

In a market like this, local knowledge and an accurate understanding of current values make all the difference.

Whether you're thinking about selling, searching for a home or simply curious about what your property is worth, I'd be happy to chat.