906-250 Lawrence Avenue, Toronto, ON

Lawrence Park North, Toronto · MLS® C13234872

$1,569,900
For Sale
Listed 45 days ago
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3Bedrooms
3Bathrooms
2Garage
1000-1199Sq Ft

About this home

Welcome To The Penthouse At 250 Lawrence Ave W, A Boutique Luxury Residence By Graywood Developments. This Rare Penthouse Offers Approximately 1,200 Sq Ft Of Beautifully Designed Living Space Featuring 2 Spacious Bedrooms, A Large Den, And 3 Bathrooms.Floor-To-Ceiling Windows And Soaring Ceilings Flood The Suite With Natural Light While Showcasing Breathtaking Panoramic City Views, Including The CN Tower. The Open-Concept Layout Is Finished With Premium Full-Size Integrated Appliances And Modern Designer Finishes Throughout. Step Outside To Your Oversized Private Balcony Complete With A Rare Gas BBQ Hookup, Perfect For Outdoor Entertaining.This Exceptional Residence Includes 2 Underground Parking Spaces And A Convenient Same-Floor Locker. Residents Enjoy An Extensive Collection Of Luxury Amenities Including 24/7 Concierge, Fitness Centre, Yoga Studio, Co-Working Lounge, Meeting Room, Pet Spa, Rooftop Terrace And Rooftop Party Room. Ideally Situated In The Heart Of Lawrence Park North, Steps To Avenue Road's Finest Shops, Restaurants, Cafés, High-End Grocers And Transit. Enjoy Direct Access To The Scenic Douglas Greenbelt Ravine System, Offering A Unique Connection To Nature In The Heart Of The City. Surrounded By Toronto's Top Public And Private Schools, This Penthouse Presents A Rare Opportunity To Own In One Of Toronto's Most Prestigious Neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13234872
Bedrooms
3 (2 + 1)
Bathrooms
3
Size
1000-1199
Cross streets
LAWRENCE AVE W/AVENUE RD
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,015/mo
Exposure
South
Property tax
$8,340 / 2025
Days on market
45
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Primary BedroomFlat3.68 × 3.59 m

5 pc ensuite · w/o to balcony · walk-in closet(s)

Dining RoomFlat7.95 × 3.87 m

combined w/living · hardwood floor · open concept

KitchenFlat7.95 × 3.87 m

combined w/dining · hardwood floor · open concept

Bedroom 2Flat3.13 × 2.74 m

3 pc ensuite · hardwood floor · walk-in closet(s)

Living RoomFlat7.95 × 3.87 m

combined w/dining · hardwood floor · open concept

DenFlat2.98 × 1.95 m

overlooks living · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.08Mavg asking

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

504-23 Rean Drive$888k4506-327 King Street$1.11MLPH4706-50 Charles Street$1.10M309-35 Mariner Terrace$1.25M2703-56 Annie Craig Drive$1.04M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.57MThis home888k1.11M1.10M1.25M1.04MThis home vs active comparables
Live market pulseActive comparables in Lawrence Park North · median list $749K
$1,428this home / sqft
9active listings nearby
45days on market

This home lists 33% above the area average of $1,072/sqft.

44 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
$7,155/mo
$317KIncome needed
4.9×Price ÷ income
$1,651Weekly 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.

81%mortgage
Mortgage $7,155Property tax $695Condo fee $1,015Total carry $8,865

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$6,702per month

Mortgage amount $1,255,920 · 4.14% over 25 years

$313,980Down payment (20.0%)
$1,255,920Loan before insurance
$0CMHC premium
$8,412Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,702
Property tax
$695
Condo / maintenance fees
$1,015
Heating
$0
Estimated monthly cost
$8,412

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

One-time closing costs

Ontario land transfer tax
$27,873
Toronto municipal land transfer tax
$27,873
Estimated closing costs
$55,746

Plus your down payment of $313,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,140/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

$754,697Total interest paid
$2,010,617Total of all payments
Principal $1,255,920 Interest $754,697
YearPrincipalInterestBalance
1$29,422$51,003$1,226,498
2$30,653$49,772$1,195,846
3$31,935$48,490$1,163,911
4$33,270$47,154$1,130,640
5$34,662$45,763$1,095,978
6$36,112$44,313$1,059,866
7$37,623$42,802$1,022,244
8$39,196$41,228$983,048
9$40,836$39,589$942,212
10$42,544$37,881$899,668
11$44,323$36,101$855,345
12$46,177$34,247$809,167
13$48,109$32,316$761,059
14$50,121$30,303$710,937
15$52,218$28,207$658,720
16$54,402$26,023$604,318
17$56,677$23,747$547,640
18$59,048$21,377$488,592
19$61,518$18,907$427,074
20$64,091$16,333$362,983
21$66,772$13,653$296,211
22$69,565$10,860$226,646
23$72,475$7,950$154,171
24$75,506$4,918$78,665
25$78,665$1,760$0

At the end of your 5-year term

Total paid over the term
$402,123
Principal paid down
$159,942
Interest paid
$242,182
Balance remaining
$1,095,978

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$3,400/mo
$40,800Gross annual rent
1.0%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.

2.6%
Gross yield
− Property tax $8,340− Condo fees $12,183− Insurance $600− Vacancy & upkeep $4,488Net operating income $15,189

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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