1202 Avenue Road, Toronto, ON
Lawrence Park South, Toronto · MLS® C13129580
About this home
Tucked within an exclusive collection of just seven custom-built luxury townhomes in the heart of Lawrence Park South, this stunning three-storey residence delivers the perfect balance of sophisticated design, effortless living, and urban convenience. Designed for modern professionals and discerning buyers alike, the home is flooded with natural light and features soaring ceilings, rich hardwood floors, expansive windows, and beautifully curated designer finishes throughout.Enjoy the convenience of a private garage and private elevator access stopping at every floor, offering seamless luxury living throughout the home.The seamless open-concept layout was made for both stylish entertaining and everyday comfort, anchored by a breathtaking chef's kitchen complete with premium Miele appliances, custom cabinetry, and a dramatic waterfall quartz island.A rare highlight is the fully self-contained lower-level studio suite with its own private entrance - ideal for extended family, guests, a live-in nanny, home office setup, or valuable income potential.Just steps from top-ranked schools, boutique shops, parks, cafés, fine dining, and the charm of the Upper Village, this is a rare turnkey opportunity in one of Toronto's most prestigious and connected neighbourhoods.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- C13129580
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 31.5 × 31.5 ft
- Cross streets
- Avenue & Lawrence
- Parking
- 1 garage (built-in)
- Driveway
- None
- Basement
- Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $9,019 / 2025
- Days on market
- 64
- Listing brokerage
- THE AGENCY
Rooms
hardwood floor · 3 pc ensuite · combined w/kitchen
hardwood floor · 4 pc bath · elevator
6 pc bath · elevator · w/o to balcony
hardwood floor · elevator
hardwood floor · 4 pc bath · elevator
hardwood floor · elevator · combined w/great rm
hardwood floor · combined w/dining · fireplace
Listed at $2,488,000, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.25M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $3.00M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $3.04M
That comparable adjusts to $3.04M; the $3.03M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (North Toronto Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Avenue Rd at Hillhurst Blvd is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $3.03M, median of 5 comparables.
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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Elevator: rare and valuable for accessibility and resale.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $1,310/sqft.
54 days longer than the Toronto average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Lawrence Park South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Avenue Rd at Hillhurst Blvd, about 21 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,990,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,622
- Property tax
- $752
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,373
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,675
- Toronto municipal land transfer tax
- $48,675
- Estimated closing costs
- $97,350
Plus your down payment of $497,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $637,291
- Principal paid down
- $253,478
- Interest paid
- $383,813
- Balance remaining
- $1,736,922
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.