650 Lawrence Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Englemount-Lawrence. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $489,000 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 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime location at Shermount Condos in North York! This spacious and well-designed unit features a fantastic layout with a kitchen that overlooks the open-concept living and dining area, leading to a south-facing balcony with unobstructed views and abundant natural sunlight. The building offers 24/7 security for peace of mind and convenient wave-to-open doors for easy access. Maintenance fees include all utilities, and the unit comes with one owned parking spot plus ample visitor parking. Enjoy quick access to Allen Road and Highway 401, and a short walk to schools, the subway, and TTC, with Yorkdale Mall just one subway stop away. Conveniently located near Lawrence Allen Centre, this condo is perfect for those seeking comfort and accessibility. Extras include all appliances and a brand-new washer and dryer. Don't miss this fantastic opportunity!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 650 Lawrence Avenue W 602, Toronto C04, ON M6A 3E8
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 $489,000 in Toronto, the legal minimum down payment is $24,450 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 $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.
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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.
