416-250 Lawrence Avenue, Toronto, ON

Lawrence Park North, Toronto · MLS® C13076508

$515,000
For Sale
Listed 75 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity - Attention investors and value-driven buyers-power of sale opportunity in a recently completed (2023) residence. 1+Den suite offering approximately 539 sq ft plus balcony, with a functional open-concept layout, south exposure, and floor-to-ceiling windows. Efficient design with a versatile den ideal for workspace or additional living use. Locker included. Located in a high-demand pocket near Avenue Rd, with immediate access to transit, shops, dining, and green space-an area known for consistent end-user demand and strong rental fundamentals. Well-appointed building featuring fitness facilities, co-working spaces, and rooftop amenities. No representations or warranties. Buyer to verify all details and perform their own due diligence. High interest anticipated. Opportunities in newer buildings under power of sale are limited-act quickly. Suitable for investors, renovators, or buyers looking to secure value in a competitive market. Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! Power of Sale, seller offers no warranty. 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" & "D" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13076508
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Lawrence and Avenue Road
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$473/mo
Exposure
South
Property tax
$3,137 / 2025
Days on market
75
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenMain0.00 × 0.00 m

Laminate

KitchenMain0.00 × 0.00 m

open concept · laminate

Living RoomMain0.00 × 0.00 m

laminate · combined w/dining

Primary BedroomMain0.00 × 0.00 m

closet · laminate · window

Dining RoomMain0.00 × 0.00 m

laminate · combined w/living

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

The assigned public school is Armour Heights Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Wilson Ave at Ridley Blvd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Lawrence Park North · asking prices
$535kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

703-250 Lawrence Avenue$499k526-250 Lawrence Avenue$558k609-250 Lawrence Avenue$549k

The 3 closest active listings nearby.

See all comparable homes
515kThis home499k558k549kThis home vs active comparables
Live market pulseActive comparables in Lawrence Park North · median list $558K
$937this home / sqft
6active listings nearby
75days on market

This home lists 3% below the area average of $968/sqft.

74 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Lawrence Park North, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

76/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Wilson Ave at Ridley Blvd, about 13 m away

20+ transit stops5 grocery20+ dining12 parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$466K
Willowdale West
$770K
Bayview Village
$681K
Westminster-Branson
$500K
Annex
$929K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Armour Heights Public School
70%
Armour Heights Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,347/mo
$110KIncome needed
4.7×Price ÷ income
$542Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $2,347Property tax $261Condo fee $473Total carry $3,082

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,199per month

Mortgage amount $412,000 · 4.14% over 25 years

$103,000Down payment (20.0%)
$412,000Loan before insurance
$0CMHC premium
$2,933Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,199
Property tax
$261
Condo / maintenance fees
$473
Heating
$0
Estimated monthly cost
$2,933

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,775
Toronto municipal land transfer tax
$6,775
Estimated closing costs
$13,550

Plus your down payment of $103,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,670/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$247,575Total interest paid
$659,575Total of all payments
Principal $412,000 Interest $247,575
YearPrincipalInterestBalance
1$9,652$16,731$402,348
2$10,055$16,328$392,293
3$10,476$15,907$381,817
4$10,914$15,469$370,902
5$11,371$15,012$359,532
6$11,846$14,537$347,685
7$12,342$14,041$335,343
8$12,858$13,525$322,485
9$13,396$12,987$309,089
10$13,956$12,427$295,133
11$14,540$11,843$280,593
12$15,148$11,235$265,444
13$15,782$10,601$249,662
14$16,442$9,941$233,220
15$17,130$9,253$216,091
16$17,846$8,537$198,244
17$18,593$7,790$179,651
18$19,371$7,012$160,281
19$20,181$6,202$140,100
20$21,025$5,358$119,075
21$21,904$4,479$97,171
22$22,821$3,562$74,350
23$23,775$2,608$50,575
24$24,770$1,613$25,806
25$25,806$577$0

At the end of your 5-year term

Total paid over the term
$131,915
Principal paid down
$52,468
Interest paid
$79,447
Balance remaining
$359,532

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $3,137− Condo fees $5,676− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,743

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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