721-2550 Lawrence Avenue, Toronto, ON

Dorset Park, Toronto · MLS® E13806828

$499,000
For Sale
Listed 29 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Stunning, Spacious 2-Bedroom Suite with 2 Full Baths.
  • Enjoy sleek laminate flooring throughout, a generously sized primary bedroom featuring a 4-piece ensuite, a dedicated dining room.
  • Residents have access to exceptional amenities, including a fully equipped gym, indoor pool, billiards room, party room, and 24-hour concierge service.
  • Ideally located just minutes from Kennedy Subway & GO Station, TTC transit, top-rated schools, parks, shopping, hospitals, Highway 401, and more. A rare opportunity...

Stunning, Spacious 2-Bedroom Suite with 2 Full Baths. This unit is perfect for buyers who value space, convenience, and low maintenance fees with all-inclusive utilities. Enjoy sleek laminate flooring throughout, a generously sized primary bedroom featuring a 4-piece ensuite, a dedicated dining room. Residents have access to exceptional amenities, including a fully equipped gym, indoor pool, billiards room, party room, and 24-hour concierge service. Ideally located just minutes from Kennedy Subway & GO Station, TTC transit, top-rated schools, parks, shopping, hospitals, Highway 401, and more. **A rare opportunity you don't want to miss!**

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
E13806828
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
$854/mo
Exposure
North
Property tax
$1,688 / 2026
Days on market
29
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Bedroom 2Main3.09 × 3.09 m

laminate · closet

KitchenMain3.37 × 2.40 m

ceramic floor · window

Primary BedroomMain6.15 × 3.06 m

laminate · closet

Living RoomMain6.03 × 3.06 m

combined w/dining · laminate

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 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.

Neighbourhood & location

Dorset Park, 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
$543K
North St. James Town
$649K
Moss Park
$549K
Annex
$1.03M
Church-Yonge Corridor
$580K

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 Donwood Park Public School
57%
Donwood Park Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
David and Mary Thomson Collegiate Institute · Public secondary0.6 km · 52% at standard
Charles Gordon Senior Public School · Public elementary0.8 km
Hunter's Glen Junior Public School · Public elementary0.8 km · 66% at standard
St Albert Catholic School · Catholic elementary1.0 km · 66% at standard
Winston Churchill Collegiate Institute · Public secondary1.0 km · 44% at standard
Dorset Park Public School · Public elementary1.1 km · 62% at standard
St Lawrence Catholic School · Catholic elementary1.1 km · 59% at standard
Lord Roberts Junior Public School · Public elementary1.2 km · 69% at standard
General Crerar Public School · Public elementary1.3 km · 57% at standard
Knob Hill Public School · Public elementary1.5 km · 57% at standard
Edgewood Public School · Public elementary1.6 km · 36% at standard
St Joan of Arc Catholic Academy · Catholic secondary1.6 km · 61% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$110KIncome needed
4.5×Price ÷ income
$525Weekly cost
$12,910Land 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.

70%mortgage
Mortgage $2,274Property tax $141Condo fee $854Total carry $3,269

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,202Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$141
Condo / maintenance fees
$854
Heating
$0
Estimated monthly cost
$3,202

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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$3,050/mo
$36,600Gross annual rent
4.0%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.

7.3%
Gross yield
− Property tax $1,688− Condo fees $10,248− Insurance $600− Vacancy & upkeep $4,026Net operating income $20,038

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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