702-2088 Lawrence Avenue, Toronto, ON

Weston, Toronto · MLS® W13413558

$389,000
For Sale
Listed 39 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Well-priced 2+1 bedroom corner suite offering over 1,150 sq. ft. with all-inclusive maintenance fees. The open-concept living and dining area features laminate flooring and a walk-out to a private balcony. The primary bedroom includes a large closet and 4-piece ensuite, while the second bedroom and separate den provide flexible space for a guest room, home office, or additional living area. Convenient ensuite laundry and an efficient layout throughout. Maintenance fees include central air conditioning, heat, hydro, water, and parking. Includes one parking space and a locker. Located close to transit, parks, schools, shopping, and everyday amenities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13413558
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Weston and Lawrence
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,295/mo
Exposure
South
Property tax
$2,142 / 2025
Days on market
39
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomFlat5.69 × 4.43 m

laminate · combined w/living · open concept

Bedroom 2Flat3.42 × 3.00 m

laminate · closet

KitchenFlat4.03 × 2.29 m

ceramic floor · eat-in kitchen · window

Primary BedroomFlat4.66 × 3.26 m

laminate · 4 pc bath · closet

Living RoomFlat5.69 × 4.43 m

laminate · combined w/dining · w/o to balcony

DenFlat1.90 × 1.80 m

laminate · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$430Kest. value

Listed at $389,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $444K, a close match.

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 $650K
  • Adjusts to $650K

That comparable adjusts to $650K; the $430K estimate above is the median of all 8 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 H J Alexander Community 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 Little Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$311KGreat deal$439KOverpriced

Total price vs nearby homes. Fair value about $430K, median of 8 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Weston · asking prices
$354kavg asking

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

707-2088 Lawrence Avenue$380k412-2088 Lawrence Avenue$380k1401-2130 Weston Road$389k501-2130 Weston Road$320kPH 2-2130 Weston Road$299k

The 5 closest of 8 active listings nearby.

See all comparable homes
389kThis home380k380k389k320k299kThis home vs active comparables
Live market pulseActive comparables in Weston · median list $389K
$354this home / sqft
9active listings nearby
39days on market

This home lists 9% below the area average of $390/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

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

83/ 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 Little Ave, about 108 m away

20+ transit stops10 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.

Mimico
$800K
Annex
$1.39M
Willowdale West
$770K
Willowdale East
$441K
Church-Yonge Corridor
$574K

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 H J Alexander Community School
68%
H J Alexander Community SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 68% meet the provincial standard
St. John the EvangelistEQAO results not published

Affordability & Mortgage

Affordability
$1,773/mo
$101KIncome needed
3.8×Price ÷ income
$409Weekly 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.

55%mortgage
Mortgage $1,773Property tax $178Condo fee $1,295Total carry $3,247

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)
$1,661per month

Mortgage amount $311,200 · 4.14% over 25 years

$77,800Down payment (20.0%)
$311,200Loan before insurance
$0CMHC premium
$3,134Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,661
Property tax
$179
Condo / maintenance fees
$1,295
Heating
$0
Estimated monthly cost
$3,134

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

One-time closing costs

Ontario land transfer tax
$4,310
Toronto municipal land transfer tax
$4,310
Estimated closing costs
$8,620

Plus your down payment of $77,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,017/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

$187,004Total interest paid
$498,204Total of all payments
Principal $311,200 Interest $187,004
YearPrincipalInterestBalance
1$7,290$12,638$303,910
2$7,595$12,333$296,314
3$7,913$12,015$288,401
4$8,244$11,684$280,157
5$8,589$11,339$271,569
6$8,948$10,980$262,621
7$9,322$10,606$253,298
8$9,712$10,216$243,586
9$10,119$9,810$233,467
10$10,542$9,386$222,926
11$10,983$8,945$211,943
12$11,442$8,486$200,501
13$11,921$8,007$188,580
14$12,419$7,509$176,161
15$12,939$6,989$163,222
16$13,480$6,448$149,742
17$14,044$5,884$135,698
18$14,631$5,297$121,067
19$15,243$4,685$105,823
20$15,881$4,047$89,942
21$16,545$3,383$73,397
22$17,237$2,691$56,160
23$17,958$1,970$38,202
24$18,709$1,219$19,492
25$19,492$436$0

At the end of your 5-year term

Total paid over the term
$99,641
Principal paid down
$39,631
Interest paid
$60,009
Balance remaining
$271,569

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$3,400/mo
$40,800Gross annual rent
4.6%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.

10.5%
Gross yield
− Property tax $2,142− Condo fees $15,545− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,026

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

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