402-4060 Lawrence Avenue, Toronto, ON

West Hill, Toronto · MLS® E13542146

$299,000
For Sale
Listed 102 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Spacious Two Storey Condo Offering Over 1,000 Sq Ft With 2 Bedrooms And 1 Bathroom In Excellent, Well Maintained Condition.
  • Enjoy A Large Balcony And A Well Maintained Building That Has Been Recently Renovated.

Spacious Two Storey Condo Offering Over 1,000 Sq Ft With 2 Bedrooms And 1 Bathroom In Excellent, Well Maintained Condition. Featuring New Flooring Throughout And A Functional Layout With A Large Living Room And Dedicated Dining Area. Well Equipped Kitchen With Stainless Steel Appliances And A Modern Bathroom. Enjoy A Large Balcony And A Well Maintained Building That Has Been Recently Renovated. Large Locker Included For Additional Storage. Why Rent? You Could Call This Home.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
E13542146
Bedrooms
2
Bathrooms
1
Size
1000-1199 sq ft
Cross streets
Lawrence Ave E/Morningside
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,103/mo
Exposure
East
Property tax
$950 / 2025
Days on market
102
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Dining RoomMain2.79 × 2.25 m

laminate · open concept · w/o to balcony

Primary BedroomLower5.08 × 3.05 m

laminate · walk-in closet(s)

Bedroom 2Lower3.69 × 3.00 m

laminate · double closet

Living RoomMain4.92 × 3.83 m

laminate · overlooks dining · cathedral ceiling(s)

KitchenMain4.07 × 2.17 m

tile floor · stainless steel appl · renovated

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 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.

Neighbourhood & location

West Hill, 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
North St. James Town
$765K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

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 St Margaret's Public School
57%
St Margaret's Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 57% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Galloway Road Public School · Public elementary0.2 km · 57% at standard
Maplewood High School · Public secondary0.9 km
Eastview Public School · Public elementary1.0 km · 52% at standard
George B Little Public School · Public elementary1.0 km · 54% at standard
West Hill Public School · Public elementary1.1 km · 60% at standard
West Hill Collegiate Institute · Public secondary1.2 km · 52% at standard
Willow Park Junior Public School · Public elementary1.2 km · 27% at standard
Alternative Scarborough Education 1 · Public secondary1.2 km
Golf Road Junior Public School · Public elementary1.6 km · 56% at standard
Tecumseh Senior Public School · Public elementary1.6 km
Poplar Road Junior Public School · Public elementary1.6 km · 85% at standard
Joseph Brant Senior Public School · Public elementary1.7 km · 43% at standard

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

Affordability & Mortgage

Affordability
$1,363/mo
$79KIncome needed
3.8×Price ÷ income
$314Weekly cost
$5,920Land 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.

54%mortgage
Mortgage $1,363Property tax $79Condo fee $1,103Total carry $2,545

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)
$1,323per month

Mortgage amount $239,200 · 4.49% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$2,505Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,323
Property tax
$79
Condo / maintenance fees
$1,103
Heating
$0
Estimated monthly cost
$2,505

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

One-time closing costs

Ontario land transfer tax
$2,960
Toronto municipal land transfer tax
$2,960
Estimated closing costs
$5,920

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,601/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

$157,573Total interest paid
$396,773Total of all payments
Principal $239,200 Interest $157,573
YearPrincipalInterestBalance
1$5,338$10,533$233,862
2$5,580$10,291$228,282
3$5,834$10,037$222,448
4$6,099$9,772$216,350
5$6,375$9,496$209,974
6$6,665$9,206$203,309
7$6,968$8,903$196,342
8$7,284$8,587$189,058
9$7,615$8,256$181,443
10$7,960$7,911$173,483
11$8,322$7,549$165,161
12$8,700$7,171$156,462
13$9,095$6,776$147,367
14$9,508$6,363$137,860
15$9,939$5,932$127,920
16$10,390$5,480$117,530
17$10,862$5,009$106,668
18$11,355$4,516$95,312
19$11,871$4,000$83,441
20$12,410$3,461$71,031
21$12,973$2,897$58,058
22$13,563$2,308$44,495
23$14,178$1,693$30,317
24$14,822$1,049$15,495
25$15,495$376$0

At the end of your 5-year term

Total paid over the term
$79,355
Principal paid down
$29,226
Interest paid
$50,129
Balance remaining
$209,974

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$3,400/mo
$40,800Gross annual rent
7.2%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.

13.6%
Gross yield
− Property tax $950− Condo fees $13,237− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,525

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

CallRequest a showing