4450 Lawrence Avenue, Toronto, ON
West Hill, Toronto · MLS® E13583812
About this home
Investor Alert Prime Opportunity! Bungalow situated on a premium lot with multiple exit strategies: build new, rent and hold, or explore land assembly potential. Surrounded by ongoing development and custom builds this is a high-growth pocket worth watching.Property is currently tenanted and insurable, offering immediate rental income potential. Located just minutes from Hwy 401, the GO Station, and major big-box retailers. Public transit right at your doorstep adds to long-term appeal.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13583812
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 63.19 × 100 ft
- Cross streets
- lawrence and beechgrove
- Parking
- 4 parking
- Driveway
- Private
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,200 / 2025
- Days on market
- 1
- Listing brokerage
- REALTY WEALTH GROUP INC.
Listed at $729,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In West Hill lately, sellers have been getting about 98% of asking and homes sell in about 24 days.
Based on 60 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 60 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $654K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.09M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.05M
That comparable adjusts to $1.05M; the $695K estimate above is the median of all 60 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 Sir Oliver Mowat Collegiate Institute. 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. Beechgrove Drive is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $695K, median of 60 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes0 days faster 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
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Beechgrove Drive, about 127 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 $583,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,116
- Property tax
- $267
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,383
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,073
- Toronto municipal land transfer tax
- $11,073
- Estimated closing costs
- $22,146
Plus your down payment of $145,980. 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
- $186,961
- Principal paid down
- $74,362
- Interest paid
- $112,598
- Balance remaining
- $509,558
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 REALTY WEALTH GROUP INC.. MLS®/PropTx.