194 Lawrence Avenue, Toronto, ON
Lawrence Park North, Toronto · MLS® C14087110
About this home
In short
- Yonge & Lawrence, detached ownership, transit/walkability, lifestyle convenience, and attainable entry into a coveted neighbourhood.
- Set in an established neighbourhood surrounded by mature trees and beautiful homes, this distinctive property offers hardwood floors, built-in cabinetry...
Yonge & Lawrence, detached ownership, transit/walkability, lifestyle convenience, and attainable entry into a coveted neighbourhood. A rare opportunity to own a detached home in the heart of Yonge & Lawrence, one of Toronto's most sought-after neighbourhoods, at an attractive entry point into this exceptional community.Enjoy outstanding convenience just a short walk from Yonge Street, with easy access to TTC and public transit for a seamless commute downtown and across the city. Shops, restaurants, cafés, grocery stores, banks, everyday services, parks and excellent schools are all within easy reach, offering the walkable lifestyle today's buyers value.Set in an established neighbourhood surrounded by mature trees and beautiful homes, this distinctive property offers hardwood floors, built-in cabinetry, stained-glass accents and beautifully preserved wood detailing, complemented by a custom cherry-wood kitchen with granite countertops.For buyers looking to secure a detached home in a premier Toronto neighbourhood, this is a compelling opportunity: exceptional location, outstanding transit connectivity, everyday convenience and the chance to make a unique home your own.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C14087110
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 28 × 100 ft
- Cross streets
- Lawrence Ave E/Wanless Cres
- Parking
- 1 garage (detached)
- Driveway
- Mutual
- Basement
- Separate Entrance, Full, Partially Finished
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete Block
- Roof
- Metal, Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,312 / 2026
- Days on market
- 4
- Listing brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
open concept · b/i shelves
formal rm · overlooks backyard · hardwood floor
window · window · hardwood floor
closet · window · hardwood floor
Open Concept
large closet · window · hardwood floor
wood trim · b/i bookcase · hardwood floor
walk-in closet(s) · window · hardwood floor
quartz counter · renovated · stainless steel appl
Tile Floor
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readOn 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.
Neighbourhood & location
Lawrence Park North, Toronto, ON
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Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,228,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,790
- Property tax
- $609
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,399
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,175
- Toronto municipal land transfer tax
- $27,175
- Estimated closing costs
- $54,350
Plus your down payment of $307,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $407,389
- Principal paid down
- $150,039
- Interest paid
- $257,350
- Balance remaining
- $1,077,961
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.