$464,000

For sale

#703 250 Lawrence Avenue West, Toronto (Lawrence Park North) - Single Family for Sale

#703 250 Lawrence Avenue West, Toronto (Lawrence Park North), Ontario, M5M1B2

2 beds1 bath0 parking550 ft²$474/mo condo feeListed 29 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 55 days.

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Description

Welcome to Suite 703 at 250 Lawrence - a sun-filled 1+1 in a boutique building peacefully backing onto the lush Douglas Greenbelt. Impeccably finished with nearly $15K in upgrades, this efficient suite features a sleek all-white kitchen with shaker cabinetry, integrated appliances, Quart counters and subway tile backsplash. The versatile den works beautifully as a home office or cozy second bedroom, while floor-to-ceiling windows, mirrored closets and a spa-inspired porcelain-tiled bath elevate everyday living. A same-floor locker adds rare convenience. Residents enjoy standout amenities: 24-hr concierge, fitness & yoga studio, co-working space, ravine and rooftop lounges with BBQ terraces, pet spa and visitor parking. Steps to transit, shops, parks and top schools in coveted Lawrence Park North. The perfect entry-or right-size-in one of Toronto's most sought after enclaves. All furniture and kitchen wares are available (artwork excluded). (id:66096)

Property Details

MLS®: C13865720
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: No Garage
Condo Fee: $474/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,199.69/yr
Listed: 29 days ago

Rooms

Flat

Living room: 3.15 x 3.15 meters
Dining room: 3.15 x 3.15 meters
Kitchen: 4.01 x 2.03 meters
Bedroom: 3.23 x 2.74 meters
Den: 1.85 x 2.44 meters
Office: 1.73 x 1.91 meters

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

Features

Appliances: Washer, Refrigerator, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Furniture
Exterior: Concrete
Lot Features: Backs on greenbelt, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Lawrence Park North) listings, avg age

55d

Price / ft²

$844

List price

$464K

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) has been listed for 29 days, which is 26 days fresher than the city average of 55. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · SHARI NAIMER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5M)

This home lists at $464,000, about 2.8× the local median household income of $164,000.

Carrying it typically needs a household income of about $90,635 (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)

$464,000· $844/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,200

Min 5%50%

Mortgage payment$2,444/mo

↳ CMHC premium ($17,632 capitalized)

Property tax (est.)$267/mo

Condo fee$474/mo

Total monthly$3,184

Cash Needed to Close

Down payment (5%)$23,200

Land transfer tax$11,510

Est. closing costs$3,892

Total cash needed$38,602

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