$558,000

For sale

#526 250 Lawrence Avenue West, Toronto (Lawrence Park North) - Single Family for Sale

#526 250 Lawrence Avenue West, Toronto (Lawrence Park North), Ontario, M5M1B2

2 beds1 bath0 parking550 ft²$445/mo condo feeListed 192 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $558,000, it is attractively priced about 38% below the $899,000 median asking price in Toronto.

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Description

One year new condo by Graywood Developments in the prestigious Lawrence Park neighbourhood! Very quiet unit with functional 1+1 Layout, 559sf + balcony with no wasted space! Den can be used as 2nd bedroom! 9 foot ceiling! Modern kitchen with built-in appliances and quartz countertop, living room featuring floor-to-ceiling window walks out to open balcony with serene North-East park view! Laminate flooring throughout! Bedroom also features floor-to-ceiling window with park view! State-of-the-Art amenities including Visitor Parking, 24 Hour Concierge, Fully Equipped Gym, Yoga Studio, Meeting Room, Kitchenette, Beautiful Library & Games Lounge, and Pet Spa on the ground floor! Plus Rooftop Party lounge With Ravine Terrace & BBQ! Only steps away from Yonge & Lawrence Subway station, Grocery stores like Pusateri's Fine Foods, Metro, Loblaws City Market, and the best selection of private and public schools such as Havergal College, Lawrence Park Collegiate Institute, Glenview Senior P.S. & John Wanless P.S. Minutes Drive to Upper Canada College, Crescent, The Bishop Strachan School, TFS (Canada's International School), St Clements & Hebrew Schools. Proximity to Urban Parks, Walking & Biking Trails, Golf Clubs, Yorkdale Shopping Centre, and Hwy 401. Move-in Ready! (id:66096)

Property Details

MLS®: C13050936
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $445/mo
Ownership: Condo/Strata
Property Tax: $3,276.85/yr
Listed: 192 days ago

Rooms

Main level

Kitchen
Dining room
Living room
Primary Bedroom
Den

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

192d

Toronto (Lawrence Park North) listings, avg age

54d

Price / ft²

$1,015

List price

$558K

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 2-bed single family in Toronto (Lawrence Park North) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by BAY STREET GROUP INC. · YINAN XIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5M)

This home lists at $558,000, about 3.4× the local median household income of $164,000.

Carrying it typically needs a household income of about $108,997 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $164,000
Population: 25,495
Median age: 43.2
Owner / renter: 76% / 24%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M5M)

$558,000· $1,015/ft²

For sale

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Full Cost Breakdown

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Down Payment5.52% · $30,800

Min 5.52%50%

Mortgage payment$2,923/mo

↳ CMHC premium ($21,088 capitalized)

Property tax (est.)$273/mo

Condo fee$445/mo

Total monthly$3,641

Cash Needed to Close

Down payment (5.52%)$30,800

Land transfer tax$15,270

Est. closing costs$4,174

Total cash needed$50,244

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