$1,535,000

For sale

194 Lawrence Avenue East, Toronto (Lawrence Park North) - Single Family for Sale

194 Lawrence Avenue East, Toronto (Lawrence Park North), Ontario, M4N1T1

4 beds3 baths1 parking1,750 ft²28 × 100 ft (2,800 sq ft) lot sizeListed 21 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,535,000, it is attractively priced about 36% below the $2,395,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 55 days.

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Description

Yonge & Lawrence, detached ownership, transit/walkability, lifestyle convenience, and attainable entry into a coveted neighbourhood. A rare opportunity to own a detached home in the heart of Yonge & Lawrence, one of Toronto's most sought-after neighbourhoods, at an attractive entry point into this exceptional community.Enjoy outstanding convenience just a short walk from Yonge Street, with easy access to TTC and public transit for a seamless commute downtown and across the city. Shops, restaurants, cafés, grocery stores, banks, everyday services, parks and excellent schools are all within easy reach, offering the walkable lifestyle today's buyers value.Set in an established neighbourhood surrounded by mature trees and beautiful homes, this distinctive property offers hardwood floors, built-in cabinetry, stained-glass accents and beautifully preserved wood detailing, complemented by a custom cherry-wood kitchen with granite countertops.For buyers looking to secure a detached home in a premier Toronto neighbourhood, this is a compelling opportunity: exceptional location, outstanding transit connectivity, everyday convenience and the chance to make a unique home your own. (id:66096)

Property Details

MLS®: C14087110
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 2
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 28 × 100 ft (2,800 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Partially finished, Full, Separate entrance, N/A, N/A
Heating: Radiant heat, Oil
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,312/yr

Rooms

Main level

Living room: 5.18 x 4.04 meters
Dining room: 4.04 x 3.48 meters
Kitchen: 4.8 x 2.77 meters

Basement

Laundry room: 3.78 x 2.26 meters
Recreational, Games room: 4.7 x 4 meters
Office: 3.7 x 2.3 meters

Second level

Primary Bedroom: 3.71 x 3.4 meters
Bedroom 2: 3.96 x 2.57 meters
Bedroom 3: 2.84 x 2.64 meters

Features

Appliances: Window Coverings
Flooring: Tile, Hardwood
Foundation: Block
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Lawrence Park North) listings, avg age

55d

Price / ft²

$877

List price

$1.53M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Toronto (Lawrence Park North) has been listed for 21 days, which is 34 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · EVA FARYNA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4N)

This home lists at $1,535,000, about 10.5× the local median household income of $146,000.

Carrying it typically needs a household income of about $299,839 (20% down, 25-yr amortization, stress-tested) — roughly 105% above the area median.

Median household income: $146,000
Population: 16,058
Median age: 46.8
Owner / renter: 64% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4N)

$1,535,000· $877/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $307,000

Min 20%50%

Mortgage payment$6,546/mo

Property tax (est.)$609/mo

Total monthly$7,156

Cash Needed to Close

Down payment (20%)$307,000

Land transfer tax$54,350

Est. closing costs$7,105

Total cash needed$368,455

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