336-650 Lawrence Avenue, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13410738

$599,800
For Sale
Listed 48 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to The Shermount, a well-maintained Tridel-built condominium offering space, comfort, and exceptional convenience. This bright and spacious East facing suite features 959 sq. ft. functional open-concept layout, including an L-shaped living and dining area and a desirable split-bedroom design that maximizes privacy and minimizes wasted space. This large two-bedroom unit offers generously sized bedrooms with ample closet space, making it ideal for small families, downsizers, or investors alike. Maintenance fees cover all utilities-heat, hydro, and water-providing excellent value and predictable monthly costs. Well maintained building with healthy reserve fund and no major expenses planed in the future. Located in a highly sought-after neighbourhood, you are just a 3 minute walk to Lawrence West Subway Station, with quick access to the Allen Road and Highways 401, 400, and 404. Enjoy being close to Yorkdale Shopping Centre, Lawrence Square, Lawrence Plaza, parks, restaurants, and all essential amenities along Lawrence Avenue and Bathurst Street. Whether you're entering the Toronto market, investing, or downsizing, this is a rare opportunity to own a spacious unit in a prime location. Don't miss your chance to make it your own.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13410738
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Lawrence Ave W and Allen
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$810/mo
Exposure
East
Property tax
$2,835 / 2025
Days on market
48
Listing brokerage
CENTURY 21 REGAL REALTY INC.

Rooms

Bedroom 2Main3.35 × 2.80 m

laminate · window · double closet

KitchenMain2.74 × 2.44 m

ceramic floor · galley kitchen · overlooks dining

Dining RoomMain2.84 × 2.74 m

laminate · open concept · l-shaped room

Primary BedroomMain4.26 × 3.36 m

4 pc ensuite · walk-in closet(s) · laminate

Living RoomMain7.38 × 3.23 m

laminate · open concept · w/o to balcony

Our TakeTeam Asgarian · Broker
In line
$574Kest. value

Listed at $599,800, and my independent estimate is right in line with comparable homes.

In Englemount-Lawrence lately, sellers get about 97% of asking; homes sell in ~37 days.

List price
$562KGreat deal$610KOverpriced

Total price vs nearby homes. Fair value about $574K, median of 11 comparables.

How this estimate is builtthe short version

I take the 11 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $649K, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is John Polanyi Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 11 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Englemount-Lawrence · asking prices
$712kavg asking

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

1005-2 Covington Road$605k401-2 Covington Road$590k601-3000 Bathurst Street$780kPH3-3000 Bathurst Street$790k706-3000 Bathurst Street$795k

The 5 closest active listings nearby.

See all comparable homes
600kThis home605k590k780k790k795kThis home vs active comparables
Live market pulseActive comparables in Englemount-Lawrence · median list $605K
$632this home / sqft
13active listings nearby
48days on market
97sold nearby · 90 days
$495Kmedian sold price
97%of asking, on average

This home lists 13% above the area average of $561/sqft.

47 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

Englemount-Lawrence, 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.

Nearby neighbourhoods

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

Mount Pleasant West
$632K
Annex
$1.53M
Willowdale East
$479K
Bayview Village
$549K
Waterfront Communities C1
$630K

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 Flemington Public School
36%
Flemington Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 36% meet the provincial standard
Baycrest Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,734/mo
$130KIncome needed
4.6×Price ÷ income
$631Weekly 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.

72%mortgage
Mortgage $2,734Property tax $236Condo fee $810Total carry $3,780

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $479,840 · 4.14% over 25 years

$119,960Down payment (20.0%)
$479,840Loan before insurance
$0CMHC premium
$3,607Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$236
Condo / maintenance fees
$810
Heating
$0
Estimated monthly cost
$3,607

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

One-time closing costs

Ontario land transfer tax
$8,471
Toronto municipal land transfer tax
$8,471
Estimated closing costs
$16,942

Plus your down payment of $119,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,110/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

$288,341Total interest paid
$768,181Total of all payments
Principal $479,840 Interest $288,341
YearPrincipalInterestBalance
1$11,241$19,486$468,599
2$11,711$19,016$456,888
3$12,201$18,526$444,687
4$12,711$18,016$431,975
5$13,243$17,484$418,732
6$13,797$16,930$404,935
7$14,374$16,353$390,561
8$14,975$15,752$375,586
9$15,602$15,125$359,984
10$16,254$14,473$343,729
11$16,934$13,793$326,795
12$17,643$13,085$309,153
13$18,381$12,347$290,772
14$19,149$11,578$271,623
15$19,950$10,777$251,672
16$20,785$9,942$230,887
17$21,654$9,073$209,233
18$22,560$8,167$186,673
19$23,504$7,224$163,169
20$24,487$6,240$138,682
21$25,511$5,216$113,171
22$26,578$4,149$86,593
23$27,690$3,037$58,903
24$28,848$1,879$30,055
25$30,055$672$0

At the end of your 5-year term

Total paid over the term
$153,636
Principal paid down
$61,108
Interest paid
$92,529
Balance remaining
$418,732

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$3,050/mo
$36,600Gross annual rent
3.2%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.

6.1%
Gross yield
− Property tax $2,835− Condo fees $9,717− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,422

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.

CallRequest a showing