1609-2150 Lawrence Avenue, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13592972

$534,999
For Sale
Listed 1 day ago
2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Corner Unit With Floor To Ceiling Windows & Unobstructed Downtown Skyline Views! Incredible OpportunityTo Own A New Luxurious 2 Bed + 2 Full Bath Condo In The Heart Of Toronto! This Impeccably MaintainedCorner Unit Boasts An Abundance Of Natural Light Streaming In Through Its Floor-To-Ceiling Windows,Creating A Warm And Inviting Ambiance Throughout. This Unit Features Tons of Builder Upgrades IncludingQuartz Countertops, Premium Laminate Floors, And New Stainless Steel Appliances In The Well-AppointedOpen-Concept Kitchen. Relish The Convenience Of Included Parking And Locker Unit, Along With AccessTo An Indoor Swimming Pool For Year-Round Relaxation. Situated Within Walking Distance Of Schools,Transit, Groceries, Shopping, And An Array Of Restaurants, This Location Offers Unparalleled Convenience.Easy Access To The 401/DVP And Just A 15-20 Minute Drive To Downtown Toronto. Commuting Has NeverBeen More Convenient. Don't Let This Opportunity Pass You BySchedule Your Viewing Today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13592972
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Birchmount Rd & Lawrence Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$556/mo
Exposure
North West
Property tax
$1,898 / 2025
Days on market
1
Listing brokerage
RE/MAX MILLENNIUM REAL ESTATE

Rooms

Dining RoomMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
Bedroom 2Main0.00 × 0.00 m
Primary BedroomMain0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
In line
$489Kest. value

Listed at $534,999, and my independent estimate is within the range of comparable homes, on the higher side.

In Wexford-Maryvale lately, sellers get about 96% of asking; homes sell in ~41 days · prices down 12% YoY.

List price
$489KGreat deal$607KOverpriced

Total price vs nearby homes. Fair value about $489K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $446K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Dorset Park Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Wexford-Maryvale · asking prices
$535kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

614-1328 Birchmount Road$498k804-1101 Pharmacy Avenue$415kPH12-2150 Lawrence Avenue$699k206-2152 Lawrence Avenue$530k

The 4 closest active listings nearby.

See all comparable homes
535kThis home498k415k699k530kThis home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $510K
$630this home / sqft
7active listings nearby
1days on market
30sold nearby · 90 days
$414Kmedian sold price
96%of asking, on average
12%vs a year ago

This home lists 7% above the area average of $587/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Wexford-Maryvale, 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.

Tam O'Shanter-Sullivan
$399K
Bayview Village
$523K
Willowdale East
$539K
Bay Street Corridor
$638K
Church-Yonge Corridor
$611K

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 Dorset Park Public School
62%
Dorset Park Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 62% meet the provincial standard

Affordability & Mortgage

Affordability
$2,438/mo
$112KIncome needed
4.8×Price ÷ income
$563Weekly cost
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.

77%mortgage
Mortgage $2,438Property tax $158Condo fee $556Total carry $3,152

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,284per month

Mortgage amount $427,999 · 4.14% over 25 years

$107,000Down payment (20.0%)
$427,999Loan before insurance
$0CMHC premium
$2,998Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,284
Property tax
$158
Condo / maintenance fees
$556
Heating
$0
Estimated monthly cost
$2,998

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

One-time closing costs

Ontario land transfer tax
$7,175
Toronto municipal land transfer tax
$7,175
Estimated closing costs
$14,350

Plus your down payment of $107,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,774/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

$257,190Total interest paid
$685,189Total of all payments
Principal $427,999 Interest $257,190
YearPrincipalInterestBalance
1$10,027$17,381$417,973
2$10,446$16,962$407,527
3$10,883$16,525$396,644
4$11,338$16,069$385,306
5$11,812$15,595$373,493
6$12,306$15,101$361,187
7$12,821$14,586$348,366
8$13,357$14,050$335,008
9$13,916$13,491$321,092
10$14,498$12,909$306,594
11$15,105$12,303$291,489
12$15,737$11,671$275,752
13$16,395$11,013$259,358
14$17,081$10,327$242,277
15$17,795$9,613$224,482
16$18,539$8,868$205,943
17$19,315$8,093$186,628
18$20,123$7,285$166,505
19$20,964$6,443$145,541
20$21,841$5,566$123,699
21$22,755$4,653$100,944
22$23,707$3,701$77,238
23$24,698$2,709$52,539
24$25,731$1,676$26,808
25$26,808$600$0

At the end of your 5-year term

Total paid over the term
$137,038
Principal paid down
$54,506
Interest paid
$82,532
Balance remaining
$373,493

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$2,700/mo
$32,400Gross annual rent
3.7%Est. cap rate

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.

6.1%
Gross yield
− Property tax $1,898− Condo fees $6,669− Insurance $600− Vacancy & upkeep $3,564Net operating income $19,669

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. MLS®/PropTx.

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