308-8 Covington Road, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13862412

$799,000
For Sale
Listed 14 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Gracious 2 bedrooms condo unit with 2 ensuite washrooms and a powder room and 1 large walk in laundry room.
  • Enjoy beautiful amenities in the spacious 1352 sq ft apartment.
  • 24 hour concierge, outdoor pool, main floor gym and sauna, guest suites and large party room and ample visitor parking.

Gracious 2 bedrooms condo unit with 2 ensuite washrooms and a powder room and 1 large walk in laundry room! Conveniently located across from Lawrence Plaza with a TTC stop steps from the front door of the building. Enjoy beautiful amenities in the spacious 1352 sq ft apartment. 24 hour concierge, outdoor pool, main floor gym and sauna, guest suites and large party room and ample visitor parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13862412
Bedrooms
2
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Bathurst Street & Lawrence Avenue West
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Foundation
Poured Concrete
Maintenance
$1,136/mo
Exposure
North
Property tax
$3,952 / 2026
Days on market
14
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

FoyerFlat1.98 × 1.52 m

mirrored closet · 2 pc bath

KitchenFlat4.88 × 2.82 m

family size kitchen · eat-in kitchen · overlooks dining

Dining RoomFlat3.73 × 2.97 m

hardwood floor · w/o to balcony

Primary BedroomFlat4.57 × 3.35 m

4 pc ensuite · walk-in closet(s)

LaundryFlat2.13 × 1.98 m
Bedroom 2Flat3.81 × 2.74 m

4 Pc Ensuite

Living RoomFlat6.71 × 3.28 m

balcony · overlooks dining

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Englemount-Lawrence · asking prices
$725kavg 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 $585/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
799kThis home790k580k575k380k1.30MThis home vs active comparables

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.

Dovercourt-Wallace Emerson-Junction
$640K
Bayview Village
$543K
North St. James Town
$765K
Kensington-Chinatown
$585K
Little Portugal
$549K

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 Glen Park Public School
54%
Glen Park Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Flemington Public School · Public elementary1.1 km · 36% at standard
Baycrest Public School · Public elementary1.2 km · 69% at standard
Lawrence Heights Middle School · Public elementary1.6 km · 44% at standard
Bannockburn Public School · Public elementary1.6 km
Lawrence Park Collegiate Institute · Public secondary1.7 km · 92% at standard
St Margaret Catholic School · Catholic elementary1.7 km · 82% at standard
Glenview Senior Public School · Public elementary1.7 km
John Wanless Junior Public School · Public elementary1.8 km · 88% at standard
John Ross Robertson Junior Public School · Public elementary1.8 km · 83% at standard
St Charles Catholic School · Catholic elementary1.8 km · 62% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.9 km · 84% at standard
North Preparatory Junior Public School · Public elementary1.9 km · 71% at standard

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

Affordability & Mortgage

Affordability
$3,642/mo
$174KIncome needed
4.6×Price ÷ income
$840Weekly cost
$24,910Land 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.

71%mortgage
Mortgage $3,642Property tax $329Condo fee $1,136Total carry $5,107

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$5,000Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$329
Condo / maintenance fees
$1,136
Heating
$0
Estimated monthly cost
$5,000

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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$4,100/mo
$49,200Gross annual rent
3.2%Cap rate after taxes and upkeep

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.

6.2%
Gross yield
− Property tax $3,952− Condo fees $13,630− Insurance $600− Vacancy & upkeep $5,412Net operating income $25,606

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

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