205-4062 Lawrence Avenue, Toronto, ON
West Hill, Toronto · MLS® E12982108
About this home
" Must Sell " 4062 Lawrence Avenue East has a Very Good Walk Score of 73. *This location is in the West Hill neighborhood in Toronto. Nearby parks include St. Mararette's Parkette, Morningside Park and Curran Hall Ravine. St.Margaret's Public School, Galloway Road Public School ,West Hill Collegiate Institute. & Maplewood High School, *parks, places of worship, shopping, restaurants, banks, medical clinics, TTC, Guilwood GO Transit, & major highways are just Walking Distance *Unit 205 is a Spacious, Bright with Functional Layout Stacked Condo Apartment With 3 Beds &1-1/2 Wash. *Main Floor Offers Living, Dining and a Kitchen. Good Size Bedroom with W/I Closet. A Guest-Friendly Powder Room Increases Convenience & Adds A Luxurious. A Living Room Balcony Boosts The Natural Light in the Unit. Brand New Energy Efficent HVAC system on Both Floor for Smooth Heating & Cooling with Manufaturing Guarantee Left for 3 Years *2ND Floor Featuring Two Bedrooms and a Full Washroom. Both The Bedrooms Have a Large Windows & Closets. Offer Separate Private Space. Also It Has A Separate Exterior Door for Highly Effective Way to Increase Privacy and Convenience, Particularly for Multi-Generational Households. There is a laundry with plenty of storage space. Stress Free Condo Fee Includes Heat, Central A/C, Water, Cable TV and High-Speed Internet! Condo Management Has Renovated Common Area, Update Corridor. Condo Building has a An Amenities like Indoor Pool, Gym, Party Room & Convenient Surface visitor parking This Unit Comes With 01 Underground Parking & a Huge Locker.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- E12982108
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- Lawrence Ave E & Morningside
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,382/mo
- Exposure
- East
- Property tax
- $875 / 2025
- Days on market
- 102
- Listing brokerage
- HOMELIFE BROADWAY REALTY INC.
Rooms
laminate · w/o to balcony · window floor to ceiling
laminate · window
4 Pc Bath
laminate · window
2 Pc Bath
Laminate
laminate · walk-in closet(s) · window
Listed at $415,800, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($378/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
In West Hill lately, sellers have been getting about 95% of asking and homes sell in about 40 days.
There were not many closely comparable homes right in West Hill, so I widened the search to the surrounding area.
Based on 95 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 95 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $205K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $620K
- Adjusts to $620K
That comparable adjusts to $620K; the $572K estimate above is the median of all 95 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is St Margaret's Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Galloway Road is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $572K, median of 95 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Worth verifying
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 1% below the area average of $382/sqft.
101 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
West Hill, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Galloway Road, about 119 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $332,640 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,775
- Property tax
- $73
- Condo / maintenance fees
- $1,382
- Heating
- $0
- Estimated monthly cost
- $3,230
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,791
- Toronto municipal land transfer tax
- $4,791
- Estimated closing costs
- $9,582
Plus your down payment of $83,160. 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
- $106,505
- Principal paid down
- $42,362
- Interest paid
- $64,144
- Balance remaining
- $290,278
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
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 HOMELIFE BROADWAY REALTY INC.. MLS®/PropTx.