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Lawrence Park South, Toronto
$2,795,000
More than what meets the eye! This charming red brick home appears as a bungalow, but in fact it has a three-storey rear addition and four cleverly defined bedrooms. Previously renovated by the former owner, this home can appeal to a wide array of buyers - those looking for a foothold in the Allenby/Lawrence Park school district, those looking for a potential building lot, or those downsizing but are not ready for condo living. It holds restored leaded glass windows, pretty principal spaces and a surprisingly large main floor family room at the rear of the home. The kitchen is open-concept to the dining room with quartz countertops, stainless steel appliances, and a breakfast bar. There is a three-piece bathroom between the dining room and the family room, where the home expands to full-width dimensions and a walk-out to the rear deck and garden is accessible. The second floor holds three large bedrooms, all with execellent storage, and a shared four-piece bathroom between them. The primary bedroom has a wall of built-in closets, views over the rear garden, and semi-ensuite access to the bathroom. Set apart from the rest of the home, the fourth bedroom has a separate staircase and is independent in its setting over the garage with its own two-piece bathroom. In the lower level, a large recreation room is present, as is space for a home gym, and a large laundry room. The home is currently tenanted by a respectful family who are on a month-to-month contract. To respect their privacy, the photos attached do not show the tenant's furniture, so the home will appear different in person during your showings.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $15,101 |
| Lot Size | 50 ft x 134.4 ft |
| mls© Number | C13704974 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,306
- Property tax
- $1,258
- Heat allowance
- $150
- Housing costs
- $15,714 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$484,000
gross annual household income
- Payment at 4%
- $11,762 / mo
- Cash down
- $559,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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