609-250 Lawrence Avenue, Toronto, ON

Lawrence Park North, Toronto · MLS® C13160016

$549,000
For Sale
Listed 57 days ago
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to the prestigious 250 Lawrence Condos! This generously sized 1 bedroom + den, 2bathroom suite spans 637 SF with a thoughtfully designed layout boasting soaring floor-to-ceiling windows that flood every corner with natural light, and a sleek, modern kitchen outfitted with built-in appliances. Soaring 9-foot ceilings and refined vinyl flooring flow seamlessly throughout, while the living room opens onto a sprawling 154 SF terrace,complemented by an additional 62 SF private balcony off the primary bedroom. And here's the kicker: this is the only 1+1 suite in the entire building to feature 2 full bathrooms, a rare gem that simply cannot be overlooked. Residents enjoy access to premium building amenities and one of Midtown Toronto's most coveted addresses, Avenue & Lawrence, just moments from top-ranked schools, Lawrence Subway Station, chic boutiques, everyday conveniences, fresh groceries, lush parks, and everything the neighbourhood has to offer.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13160016
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
600-699
Cross streets
Avenue Rd & Lawrence Ave W
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$551/mo
Exposure
South
Property tax
$3,642 / 2025
Days on market
57
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenMain4.45 × 5.64 m

b/i appliances · modern kitchen · window floor to ceiling

Primary BedroomMain3.76 × 2.79 m

balcony · 4 pc ensuite · closet

Living RoomMain4.45 × 5.64 m

open concept · window floor to ceiling · combined w/kitchen

DenMain4.45 × 5.64 m

combined w/living · window floor to ceiling · open concept

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$498kavg asking

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

513-25 Neighbourhood Lane$550k315-399 Spring Garden Avenue$489k510-1808 St Clair Avenue$475kN433-7 Golden Avenue$475k808-2885 Bayview Avenue$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
549kThis home550k489k475k475k499kThis home vs active comparables
Live market pulseActive comparables in Lawrence Park North · median list $558K
$845this home / sqft
6active listings nearby
57days on market

This home lists 14% below the area average of $983/sqft.

56 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
$2,502/mo
$119KIncome needed
4.6×Price ÷ income
$577Weekly 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.

75%mortgage
Mortgage $2,502Property tax $304Condo fee $551Total carry $3,357

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)
$2,344per month

Mortgage amount $439,200 · 4.14% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,198Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$304
Condo / maintenance fees
$551
Heating
$0
Estimated monthly cost
$3,198

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,847/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

$263,920Total interest paid
$703,120Total of all payments
Principal $439,200 Interest $263,920
YearPrincipalInterestBalance
1$10,289$17,836$428,911
2$10,719$17,405$418,192
3$11,168$16,957$407,024
4$11,635$16,490$395,389
5$12,121$16,003$383,268
6$12,629$15,496$370,639
7$13,157$14,968$357,483
8$13,707$14,418$343,775
9$14,280$13,844$329,495
10$14,878$13,247$314,617
11$15,500$12,625$299,117
12$16,148$11,976$282,969
13$16,824$11,301$266,145
14$17,528$10,597$248,618
15$18,261$9,864$230,357
16$19,025$9,100$211,332
17$19,820$8,305$191,512
18$20,649$7,475$170,863
19$21,513$6,612$149,349
20$22,413$5,712$126,937
21$23,350$4,774$103,586
22$24,327$3,798$79,259
23$25,345$2,780$53,914
24$26,405$1,720$27,509
25$27,509$615$0

At the end of your 5-year term

Total paid over the term
$140,624
Principal paid down
$55,932
Interest paid
$84,692
Balance remaining
$383,268

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$2,050/mo
$24,600Gross annual rent
2.0%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.

4.5%
Gross yield
− Property tax $3,642− Condo fees $6,613− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,039

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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