250 Lawrence Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Lawrence Park North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $515,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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" 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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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 250 Lawrence Avenue W 416, Toronto C04, ON M5M 1B2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $515,000 in Toronto, the legal minimum down payment is $26,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,775 also applies, bringing the total estimated land transfer taxes to $13,550.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
