5332 Lawrence Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,000 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 2 Bathrooms
- Premium 70 x 150.94 ft lot size
- Features a full, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Opportunities like this don't come often! This rare 70 x 150ft lot offers endless possibilities for developers, builders, and investors looking to maximize value in a prime location. Whether you're envisioning a luxurious custom home, a multi-unit development, or a profitable investment, this expansive property provides the perfect canvas. Pending Ontario Land Tribunal this site may be permitted "as-of-right". For end users, this is your chance to build your dream home in an established community. Imagine designing a bespoke estate with spacious interiors, a breathtaking backyard oasis, and every luxury detail tailored to your taste. The extra-wide frontage allows for an impressive facade, while the deep lot ensures plenty of outdoor space for entertaining, gardening, or simply enjoying your private retreat. Whether you're an investor looking for high returns or a homeowner ready to create something extraordinary, this property is the perfect foundation for your future. Don't miss out on this exceptional opportunity!
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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 5332 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 $1,099,000 in Toronto, the legal minimum down payment is $219,800 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 $18,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,455 also applies, bringing the total estimated land transfer taxes to $36,910.
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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.
