306-4062 Lawrence Avenue, Toronto, ON

West Hill, Toronto · MLS® E13873732

$350,000
For Sale
Listed 12 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • Space, Style & Savings All in One.
  • Featuring 3 generously sized bedrooms and 2 bathrooms, this spacious home is ideal for first time buyers, growing families, professionals, or savvy investors.
  • HVAC updated in 2024 and is equipped with stainless steel appliances and ensuite washer and dryer.
  • The building's recently renovated common areas offer a fresh and modern feel, while residents enjoy an impressive array of amenities including an indoor pool, fitness...

Space, Style & Savings All in One! Welcome to this beautifully maintained 2-storey condo offering an exceptional blend of comfort, convenience, and value in the heart of Scarborough. Featuring 3 generously sized bedrooms and 2 bathrooms, this spacious home is ideal for first time buyers, growing families, professionals, or savvy investors. Enjoy a bright and functional layout with plenty of living space and a private balcony, perfect for morning coffee or unwinding at the end of the day. HVAC updated in 2024 and is equipped with stainless steel appliances and ensuite washer and dryer. The building's recently renovated common areas offer a fresh and modern feel, while residents enjoy an impressive array of amenities including an indoor pool, fitness centre, sauna, party room, visitor parking and more. Best of all, the maintenance fees offer incredible value and include heat, air conditioning, water, cable TV, building insurance, parking and access to all amenities, with only hydro extra. Ideally located just minutes from Centennial College and the University of Toronto Scarborough, with easy access to public transit, GO Station, schools, supermarkets, shopping, Morningside Park, walking trails and everyday essentials. A spacious home, outstanding amenities and exceptional value. This is one you will not want to miss! *Photos have been virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13873732
Bedrooms
3
Bathrooms
2 (1 half)
Size
1400-1599 sq ft
Cross streets
Kingston Rd and Lawrence Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,375/mo
Exposure
South
Property tax
$1,214 / 2025
Days on market
12
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomMain4.38 × 3.69 m

laminate · pot lights · w/o to balcony

Dining RoomMain4.84 × 2.26 m
Primary BedroomMain2.95 × 2.75 m
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.

What sellers nearby are askingCurrently listed nearby in West Hill · asking prices
$440kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $364/sqft; this home lists at $233/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
350kThis home400k359k458k495k489kThis home vs active comparables

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
$543K
Moss Park
$549K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
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
George B Little Public School · Public elementary1.0 km · 54% at standard
Eastview Public School · Public elementary1.0 km · 52% at standard
West Hill Public School · Public elementary1.1 km · 60% at standard
West Hill Collegiate Institute · Public secondary1.1 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 elementary1.7 km · 85% at standard
Heather Heights Junior Public School · Public elementary1.7 km · 64% at standard

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

Affordability & Mortgage

Affordability
$1,595/mo
$93KIncome needed
3.8×Price ÷ income
$368Weekly cost
$7,450Land 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.

52%mortgage
Mortgage $1,595Property tax $101Condo fee $1,375Total carry $3,071

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)
$1,548per month

Mortgage amount $280,000 · 4.49% over 25 years

$70,000Down payment (20.0%)
$280,000Loan before insurance
$0CMHC premium
$3,024Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,548
Property tax
$101
Condo / maintenance fees
$1,375
Heating
$0
Estimated monthly cost
$3,024

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

One-time closing costs

Ontario land transfer tax
$3,725
Toronto municipal land transfer tax
$3,725
Estimated closing costs
$7,450

Plus your down payment of $70,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,874/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

$184,450Total interest paid
$464,450Total of all payments
Principal $280,000 Interest $184,450
YearPrincipalInterestBalance
1$6,248$12,330$273,752
2$6,532$12,046$267,219
3$6,829$11,749$260,391
4$7,139$11,439$253,252
5$7,463$11,115$245,789
6$7,802$10,776$237,987
7$8,156$10,422$229,832
8$8,526$10,052$221,305
9$8,913$9,665$212,392
10$9,318$9,260$203,074
11$9,741$8,837$193,333
12$10,183$8,395$183,149
13$10,646$7,932$172,503
14$11,129$7,449$161,374
15$11,634$6,944$149,740
16$12,163$6,415$137,577
17$12,715$5,863$124,862
18$13,292$5,286$111,570
19$13,896$4,682$97,674
20$14,527$4,051$83,147
21$15,186$3,392$67,961
22$15,876$2,702$52,085
23$16,597$1,981$35,488
24$17,350$1,228$18,138
25$18,138$440$0

At the end of your 5-year term

Total paid over the term
$92,890
Principal paid down
$34,211
Interest paid
$58,679
Balance remaining
$245,789

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$4,750/mo
$57,000Gross annual rent
9.3%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.

16.3%
Gross yield
− Property tax $1,214− Condo fees $16,495− Insurance $600− Vacancy & upkeep $6,270Net operating income $32,421

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

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