816-2550 Lawrence Avenue, Toronto, ON
Dorset Park, Toronto · MLS® E13732352
About this home
In short
- Welcome to this bright and inviting 2-bedroom, 2-bathroom corner unit offering over 930 sq. ft. of comfortable interior living space.
- One of the biggest benefits of being on the 8th Floor is the easy access to a large terrace-style balcony area located on the same floor, an ideal extension of your...
Welcome to this bright and inviting 2-bedroom, 2-bathroom corner unit offering over 930 sq. ft. of comfortable interior living space! With abundant natural light throughout, this well-maintained suite provides a practical layout that is ready to enjoy while offering plenty of opportunity to make it your own! Laminate flooring runs throughout the unit, creating a clean and cohesive feel from room to room. The spacious living and dining areas offer flexibility for everyday living, entertaining, or a work-from-home setup. Both bedrooms are generously sized, and two full bathrooms add convenience for couples, families, or shared living arrangements. One of the biggest benefits of being on the 8th Floor is the easy access to a large terrace-style balcony area located on the same floor, an ideal extension of your living space for fresh air and outdoor relaxation! During the winter months it will be a great way to get some fresh air without having to go downstairs! Underground parking is included, along with all utilities, helping simplify monthly budgeting. A great opportunity to own a bright, functional condo in Toronto with room to personalize to your style!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13732352
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Midland/Lawrence
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $797/mo
- Exposure
- North
- Property tax
- $1,662 / 2025
- Days on market
- 48
- Listing brokerage
- THE DIAMOND REALTY INC.
Rooms
laminate · large window
laminate · 4 pc ensuite
laminate · combined w/living
laminate · combined w/dining
Ceramic Floor
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 readThe assigned public school is Donwood 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $556/sqft; this home lists at $547/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Dorset Park, Toronto, ON
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $415,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,296
- Property tax
- $139
- Condo / maintenance fees
- $797
- Heating
- $0
- Estimated monthly cost
- $3,231
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,855
- Toronto municipal land transfer tax
- $6,855
- Estimated closing costs
- $13,710
Plus your down payment of $103,800. 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
- $137,743
- Principal paid down
- $50,730
- Interest paid
- $87,013
- Balance remaining
- $364,470
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 THE DIAMOND REALTY INC.. MLS®/PropTx.