8-1949 Lawrence Avenue, Toronto, ON

Weston, Toronto · MLS® W13225848

$689,000
For Sale
Listed 46 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to this well maintained ground level unit with direct access (No Steps), stunning open concept, bright and spacious, laminate flooring throughout, oversized master bedroom features a 3-Piece ensuite and French door W/O to patio and courtyard, storage locker off Patio & Underground locker as well, easy access to Highways 401 & 400, TTC at your doorstep as well as Hospital, Schools, Parks, Go Train, Up Express, and more!!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13225848
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Lawrence Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$602/mo
Exposure
North
Property tax
$2,157 / 2025
Days on market
46
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomFlat6.40 × 3.95 m

laminate · 3 pc ensuite · w/o to balcony

Dining RoomFlat5.00 × 4.95 m

laminate · open concept · combined w/living

Living RoomFlat5.00 × 4.95 m

combined w/dining · open concept · laminate

KitchenFlat5.00 × 2.60 m

ceramic floor · breakfast bar · ceramic backsplash

Bedroom 2Flat4.40 × 2.80 m

laminate · b/i closet

Moe’s TakeTeam Asgarian · Broker
In line
$580Kest. value

Listed at $689,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Weston, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $439K, lower than the comparables and worth a second look.

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, listed at $585K
  • Adjusts to $585K

That comparable adjusts to $585K; the $580K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, this is a very walkable address with everyday errands close by. Lawrence Ave West at Pine St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$508KGreat deal$700KOverpriced

Total price vs nearby homes. Fair value about $580K, median of 6 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$566kavg asking

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

48-5 William Jackson Way$640k253-60 Parrotta Drive$585k19-30 Liben Way$510k117-870 Jane Street$448k1117-20 Laidlaw Street$648k

The 5 closest of 6 active listings nearby.

See all comparable homes
689kThis home640k585k510k448k648kThis home vs active comparables
Live market pulseActive comparables in Weston · median list $599K
$726this home / sqft
5active listings nearby
46days on market

42 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Weston, 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.

Getting around

87/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Lawrence Ave West at Pine St, about 35 m away

20+ transit stops11 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Humbermede
$509K
Islington-City Centre West
$849K
Willowdale East
$799K
New Toronto
$780K
Niagara
$559K

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 Weston Memorial Junior Public School
85%
Weston Memorial Junior Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$3,140/mo
$140KIncome needed
4.9×Price ÷ income
$725Weekly 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.

80%mortgage
Mortgage $3,140Property tax $180Condo fee $602Total carry $3,922

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,941per month

Mortgage amount $551,200 · 4.14% over 25 years

$137,800Down payment (20.0%)
$551,200Loan before insurance
$0CMHC premium
$3,723Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,941
Property tax
$180
Condo / maintenance fees
$602
Heating
$0
Estimated monthly cost
$3,723

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

One-time closing costs

Ontario land transfer tax
$10,255
Toronto municipal land transfer tax
$10,255
Estimated closing costs
$20,510

Plus your down payment of $137,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,573/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

$331,222Total interest paid
$882,422Total of all payments
Principal $551,200 Interest $331,222
YearPrincipalInterestBalance
1$12,913$22,384$538,287
2$13,453$21,844$524,834
3$14,016$21,281$510,819
4$14,602$20,695$496,217
5$15,213$20,084$481,005
6$15,849$19,448$465,156
7$16,512$18,785$448,644
8$17,202$18,094$431,441
9$17,922$17,375$413,519
10$18,672$16,625$394,848
11$19,453$15,844$375,395
12$20,266$15,031$355,129
13$21,114$14,183$334,014
14$21,997$13,300$312,017
15$22,917$12,380$289,100
16$23,876$11,421$265,224
17$24,875$10,422$240,349
18$25,915$9,382$214,434
19$26,999$8,298$187,435
20$28,128$7,168$159,307
21$29,305$5,992$130,001
22$30,531$4,766$99,471
23$31,808$3,489$67,663
24$33,138$2,159$34,524
25$34,524$772$0

At the end of your 5-year term

Total paid over the term
$176,484
Principal paid down
$70,195
Interest paid
$106,289
Balance remaining
$481,005

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
3.3%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.

5.3%
Gross yield
− Property tax $2,157− Condo fees $7,226− Insurance $600− Vacancy & upkeep $4,026Net operating income $22,591

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

CallRequest a showing