311-485 Rosewell Avenue, Toronto, ON

Lawrence Park South, Toronto · MLS® C13817234

$449,000
For Sale
Listed 26 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this fabulous one-bedroom condo in a desirable mid-rise building, ideally located in the sought-after Avenue Road and Lawrence neighbourhood.
  • This bright, west-facing suite features an open-concept living, dining, and kitchen area, creating a comfortable and functional space perfect for everyday living and...
  • Residents also have access to an impressive selection of building amenities, including a 24-hour concierge, gym, party room, media room, guest suites, and library.

Welcome to this fabulous one-bedroom condo in a desirable mid-rise building, ideally located in the sought-after Avenue Road and Lawrence neighbourhood. This bright, west-facing suite features an open-concept living, dining, and kitchen area, creating a comfortable and functional space perfect for everyday living and entertaining. Enjoy the convenience of in-suite laundry, underground parking, and a private balcony. Residents also have access to an impressive selection of building amenities, including a 24-hour concierge, gym, party room, media room, guest suites, and library. Situated directly across from Havergal College and just steps from the shops, restaurants, cafes, and everyday conveniences along Avenue Road and Lawrence, with easy access to TTC and the subway. A fantastic opportunity for first-time buyers, downsizers, or anyone looking for a low-maintenance lifestyle in one of Toronto's most desirable and well-connected neighbourhoods!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13817234
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Avenue / Lawrence
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$699/mo
Exposure
East
Property tax
$2,755 / 2026
Days on market
26
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomFlat3.18 × 2.79 m

open concept · combined w/living

Primary BedroomFlat4.60 × 3.25 m

Juliette Balcony

KitchenFlat2.79 × 2.31 m

Ceramic Floor

Living RoomFlat3.71 × 3.20 m

Combined w/Dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$438Klikely sale price

Listed at $449,000. Going by how homes in Lawrence Park South and the wider GTA have actually closed against their asking prices (about 97%, 5 local closings in 90 days), the likely sale price is near $438K, if it sells. A realistic range is $412K to $473K.

Independent value check: $490K. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $456K and $515K).

Why $490K. The typical condo sold in Lawrence Park South over the past year went for about $1.00M (31 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,755 a year; the typical home sold here pays about $4,300.
  • ▼ Lowers it stronglyIt is 600 to 699 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▲ Raises itIts maintenance fee is $699 a month; the typical unit sold here pays about $1,070.
List price
$412KBelow recent closings$473KAbove recent closings

Total price vs nearby homes. Likely closing about $438K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$705Kmedian sold price
98%of asking, on average
−29%prices vs a year ago
~13 dayshomes like this take to sell
26days on market so far
$2,473/moest. rent · 19 leases
6.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 5 condo apartment homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $691/sqft against an area asking average of $823/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $532K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Lawrence Park Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Based on 19 homes sold in this building over the past two years, from 59 closings in Lawrence Park South.

What sellers nearby are askingCurrently listed nearby in Lawrence Park South · asking prices
$546kavg asking

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

Per square foot, these ask about $779/sqft; this home lists at $691/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
449kThis home489k495k499k700kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Lawrence Park South, 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.

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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 Lawrence Park Collegiate Institute
92%
Lawrence Park Collegiate InstitutePublic · Secondary · 0.2 km awayAmong the top in the GTA · 92% meet the provincial standard
Glenview Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
John Ross Robertson Junior Public School · Public elementary0.5 km · 83% at standard
John Wanless Junior Public School · Public elementary0.8 km · 88% at standard
Bedford Park Public School · Public elementary1.2 km · 88% at standard
Ledbury Park Elementary and Middle School · Public elementary1.3 km · 77% at standard
Allenby Junior Public School · Public elementary1.4 km · 78% at standard
Bannockburn Public School · Public elementary1.5 km
Marshall McLuhan Catholic Secondary School · Catholic secondary1.6 km · 74% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.6 km · 54% at standard
John Fisher Junior Public School · Public elementary1.7 km · 85% at standard
St Monica Catholic School · Catholic elementary1.8 km · 78% at standard
North Preparatory Junior Public School · Public elementary1.9 km · 71% at standard
Blythwood Junior Public School · Public elementary1.9 km · 88% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,046/mo
$102KIncome needed
4.4×Price ÷ income
$472Weekly cost
$10,910Land transfer tax, one-time (Ontario + Toronto)
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.

69%mortgage
Mortgage $2,046Property tax $230Condo fee $699Total carry $2,975

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,915Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$230
Condo / maintenance fees
$699
Heating
$0
Estimated monthly cost
$2,915

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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
From 19 whole-home leases in Lawrence Park South$2,473/mo
$29,676Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,349 to $2,643Typical rent range
~22 daysTo find a tenant, on average

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

Talk about the numbers

The last 19 whole-home leases in Lawrence Park South signed at a median of $2,552 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,473. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.6%
Gross yield
− Property tax $2,755− Condo fees $8,385− Insurance $600− Vacancy & upkeep $3,264Net operating income $14,672

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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