$459,000

$489,000For salePrice drop↓ $30,000 (6%)

#407 481 Rosewell Avenue, Toronto (Lawrence Park South) - Single Family for Sale

#407 481 Rosewell Avenue, Toronto (Lawrence Park South), Ontario, M4R2J1

1 bed1 bath1 parking650 ft²$678/mo condo feeListed 37 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 37 days, fresher than the Toronto average of 40 days.

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Description

Welcome to highly coveted Lawrence Park. This impeccably maintained 1-bedroom, 1-bathroom suite is located in the most desirable building within the complex- the only one featuring 24-hour concierge service and the closest access to the building's outstanding amenities. Bathed in natural light thanks to its west-facing exposure, the suite offers a bright open-concept living and dining space with a walkout to a private balcony. Enjoy the convenience of being just steps from Avenue Road's top restaurants, parks, and grocery stores. Complete with one parking space and a locker, this is an exceptional opportunity to live in one of Toronto's most sought-after neighbourhoods. (id:66096)

Property Details

MLS®: C13838036
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $678/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,745.65/yr
Listed: 37 days ago

Rooms

Main level

Kitchen: 2.15 x 2.58 meters
Dining room: 2.85 x 3.06 meters
Living room: 3.2 x 3.74 meters
Bedroom: 2.99 x 4.32 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Lawrence Park South) listings, avg age

40d

Price / ft²

$707

List price

$459K

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 1-bed single family in Toronto (Lawrence Park South) has been listed for 37 days, which is 3 days fresher than the city average of 40. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · ADAM PARSONS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4R)

This home lists at $459,000, about 4.3× the local median household income of $107,000.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $107,000
Population: 11,909
Median age: 40.4
Owner / renter: 49% / 51%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4R)

$459,000· $707/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,950

Min 5%50%

Mortgage payment$2,418/mo

↳ CMHC premium ($17,442 capitalized)

Property tax (est.)$229/mo

Condo fee$678/mo

Total monthly$3,325

Cash Needed to Close

Down payment (5%)$22,950

Land transfer tax$11,310

Est. closing costs$3,877

Total cash needed$38,137

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