5324 Lawrence Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $1,159,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 55.71 x 211.04 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, In-Law Capability, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
OPPORTUNITY IS KNOCKING! A rare large 5 level backsplit with 4 bedrooms, 3 baths situated on a huge 55 x 211 ft lot with potential to create a multigenerational home or investment unit. (2 side entrances) Over 2800 sq feet of living space! Lovingly owned by same owners over 25 years! The Home features updated thermal windows and new patio sliding door, plus a High Efficiency furnace (Lennox) & a/c unit. ('16) and has been freshly professionally painted on the main levels (2026) Hardwood floors throughout 3 levels (2 lower levels laminate& vinyl) - updated interior doors, updated bathrooms, with a primary bedroom large enough for a king size bed with a 4pc Ensuite bathroom (+ a semi 2pc attached) a Fun Great room on the lower level ideal for entertaining with a built in retro bar! Or convert the area to a 2nd Unit in-law or income potential! 2 wood burning fireplaces to keep you cozy in winter! Large driveway (parking for 8 cars!) Beautiful newer stone patio wraps for entertaining! Build your backyard oasis (large enough for a pool and cabana) or have a huge play area for the kids (big enough to play soccer!) Steps to everything! Lake Ontario - Port Union Community Centre, Port Union Park & waterfront Trail system, Rouge Go Station - TTC at your doorstep! (right on the TTC line) Shopping & amenities. Mins to 401, Rouge Go Station, Rouge Beach/River, Lake Ontario Waterfront Trail system Toronto Zoo. Tons of Amenities (shopping/eateries, doctors, dentists, vets) , Excellent schools (including UTSC) parks, community Centre(s). Ideal for the outdoor enthusiasts year-round. Bonus: you can rest easy knowing that your neighbor is Toronto Fire! Come and see this before it is gone! Home inspection available upon request.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Rec./Commun.Centre, Lake/Pond, Library, Public Transit, Fenced Yard, School
Interior Features
Carpet Free, In-Law Capability, Storage, Water Heater, Water Meter, Water Heater Owned
Security Features
Smoke Detector, Carbon Monoxide Detectors
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5324 Lawrence Avenue E, Toronto E10, ON M1C 1R4
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 $1,159,000 in Toronto, the legal minimum down payment is $231,800 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 $19,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,655 also applies, bringing the total estimated land transfer taxes to $39,310.
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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.
