159 Lawrence Avenue, Toronto, ON
Lawrence Park South, Toronto · MLS® C14087428
About this home
In short
- Remarkable value in this detached 3 bed home in Lawrence Park.
- The main floor is accented by a bay window, wood-burning fireplace, hardwood floors and French doors and elevated further with pot lights, upgraded fixtures, and...
- Separate garage needs some TLC but offers additional parking or storage.
- This property also includes a tenanted and cash-flowing separate apartment to help offset expenses.
- Walking distance to Lawrence Subway Station, a quick drive to the 401, incredible schools and easy access to Yonge St shopping and family friendly parks.
Remarkable value in this detached 3 bed home in Lawrence Park! Charming and functional with high-value updates that haven't compromised its character details. The main floor is accented by a bay window, wood-burning fireplace, hardwood floors and French doors and elevated further with pot lights, upgraded fixtures, and large, open-concept, renovated kitchen with island and breakfast bar, stainless steel appliances and walk out to rear yard. The second floor provides three generously sized bedrooms and an updated bathroom along with laundry area. The back yard is a blank canvas ready for spring planting. Separate garage needs some TLC but offers additional parking or storage. This property also includes a tenanted and cash-flowing separate apartment to help offset expenses. Live in the main house and enjoy extra income, or, rent out both units and enjoy this uncomplicated duplex. Walking distance to Lawrence Subway Station, a quick drive to the 401, incredible schools and easy access to Yonge St shopping and family friendly parks.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C14087428
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 25 × 110 ft
- Cross streets
- Lawrence & Greer
- Parking
- 1 parking
- Driveway
- Front Yard Parking
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,947 / 2026
- Days on market
- 3
- Listing brokerage
- LANDLORD REALTY INC.
Rooms
hardwood floor · closet
bay window · fireplace · hardwood floor
hardwood floor · large window
concrete floor · 3 pc ensuite · pot lights
hardwood floor · closet
hardwood floor · large window · closet organizers
hardwood floor · closet
centre island · ceramic backsplash · stainless steel appl
stainless steel appl · concrete floor · pot lights
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 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.
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $1,418/sqft; this home lists at $1,038/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Lawrence Park South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
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
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 $1,079,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,967
- Property tax
- $746
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,713
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Toronto municipal land transfer tax
- $23,455
- Estimated closing costs
- $46,910
Plus your down payment of $269,800. 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
- $358,025
- Principal paid down
- $131,858
- Interest paid
- $226,167
- Balance remaining
- $947,342
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 LANDLORD REALTY INC.. MLS®/PropTx.