650 Lawrence Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Englemount-Lawrence. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $399,999 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 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 by Tridel - a rare opportunity to own a beautifully maintained owner-occupied, never tenanted suite in one of Midtown Toronto's most convenient locations. Bright and spacious 1-bedroom condo offering over 600 sq. ft. of thoughtfully designed living space with no wasted area. Enjoy unobstructed West-North-facing views from your private balcony, filling the home with natural light and an open, airy feel, as well as skyline vistas. Located in the highly regarded Tridel-built Shermount, just steps to Lawrence West Subway Station, Lawrence Allen Centre, fit4less, parks, restaurants and everyday conveniences. Minutes to Yorkdale Shopping Centre, Allen Road and Hwy 401 for easy commuting. Well-managed building with affordable maintenance fees that include all utilities. An excellent opportunity for first-time buyers, downsizers, or investors seeking value, convenience and long-term peace of mind. Transferable&affordable rental parking lot closing to elevator.
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Key Features
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Property Details
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Features
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Interior Features
Carpet Free
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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 650 Lawrence Avenue W 725, 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 $399,999 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.
