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Listed 4 months ago

526 - 250 Lawrence Avenue W

Lawrence Park North, Toronto

$558,000

Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home

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!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$445
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,277
mls© NumberC13050936
Listed ByBAY STREET GROUP INC.
None

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,856
Property tax
$273
Heat allowance
$150
Condo fees, half counted
$223
Housing costs
$3,502 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $111,600
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,348 / mo
Cash down
$111,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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