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Price Change$535,000

416 - 250 Lawrence Avenue W

Lawrence Park North, Toronto

$499,000

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

Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity - Attention investors and value-driven buyers-power of sale opportunity in a recently completed (2023) residence. 1+Den suite offering approximately 539 sq ft plus balcony, with a functional open-concept layout, south exposure, and floor-to-ceiling windows. Efficient design with a versatile den ideal for workspace or additional living use. Locker included. Located in a high-demand pocket near Avenue Rd, with immediate access to transit, shops, dining, and green space-an area known for consistent end-user demand and strong rental fundamentals. Well-appointed building featuring fitness facilities, co-working spaces, and rooftop amenities. No representations or warranties. Buyer to verify all details and perform their own due diligence. High interest anticipated. Opportunities in newer buildings under power of sale are limited-act quickly. Suitable for investors, renovators, or buyers looking to secure value in a competitive market. Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! Power of Sale, seller offers no warranty. 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" & "D" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size500-599 sq. ft.
Maintenance Fees$473
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,137
mls© NumberC13076508
Listed ByRE/MAX REALTRON REALTY INC.
None

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,554
Property tax
$261
Heat allowance
$150
Condo fees, half counted
$236
Housing costs
$3,202 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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