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 $649,900 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 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Shermount, a well-maintained Tridel-built condominium offering space, comfort, and exceptional convenience. This bright and spacious East facing suite features 959 sq. ft. functional open-concept layout, including an L-shaped living and dining area and a desirable split-bedroom design that maximizes privacy and minimizes wasted space. This large two-bedroom unit offers generously sized bedrooms with ample closet space, making it ideal for small families, downsizers, or investors alike. Maintenance fees cover all utilities-heat, hydro, and water-providing excellent value and predictable monthly costs. Well maintained building with healthy reserve fund and no major expenses planed in the future. Located in a highly sought-after neighbourhood, you are just a 3 minute walk to Lawrence West Subway Station, with quick access to the Allen Road and Highways 401, 400, and 404. Enjoy being close to Yorkdale Shopping Centre, Lawrence Square, Lawrence Plaza, parks, restaurants, and all essential amenities along Lawrence Avenue and Bathurst Street. Whether you're entering the Toronto market, investing, or downsizing, this is a rare opportunity to own a spacious unit in a prime location. Don't miss your chance to make it your own.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 650 Lawrence Avenue W 336, 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 $649,900 in Toronto, the legal minimum down payment is $39,990 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 $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,946.
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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.
