1504-1461 Lawrence Avenue, Toronto, ON

Brookhaven-Amesbury, Toronto · MLS® W13513530

$698,000
For Sale
Listed 15 days ago
3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Rarely offered and exceptionally spacious, this modern 3-bedroom, 2-bathroom condominium is a standout opportunity in Toronto, offering the perfect combination of size, style, and value. Boasting desirable northeast and west exposures, this bright and airy suite is bathed in natural light throughout the day and features stunning views from the large private balcony. The thoughtfully designed open-concept layout showcases quality finishes throughout, including a contemporary kitchen with quartz countertops, a stylish ceramic backsplash, stainless steel appliances, and a multifunctional centre island with built-in storage and seating. The spacious living and dining areas provide an ideal setting for both everyday living and entertaining. Retreat to the generous primary bedroom featuring an oversized closet and a private 3-piece ensuite with a large walk-in shower. Two additional well-sized bedrooms offer flexibility for families, guests, or a home office. Adding to the appeal are one owned underground parking space and two owned lockers-a rare and valuable bonus in the city. Residents of 7 On The Park enjoy excellent building amenities (Games Rm, Dining Rm, Lounge, Gym, Dog Wash Etc), reasonable maintenance fees, and a convenient location close to shopping, transit, parks, schools, major highways, and everyday essentials. An exceptional opportunity to own a bright, spacious, move-in-ready home in one of Toronto's best-kept secret neighbourhoods.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13513530
Bedrooms
3
Bathrooms
2
Size
800-899
Cross streets
Keele/Lawrence
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$759/mo
Exposure
North
Property tax
$2,617 / 2025
Days on market
15
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

KitchenMain6.00 × 3.54 m

laminate · centre island · open concept

Primary BedroomMain3.66 × 3.17 m

laminate · walk-in closet(s) · 3 pc ensuite

Living RoomMain6.00 × 3.54 m

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

FoyerMain0.00 × 0.00 m

Laminate

Bedroom 3Main3.05 × 2.47 m

laminate · double closet · large window

Bedroom 2Main3.35 × 2.74 m

laminate · double closet · large window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is George Anderson 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. Keele St at Lawrence Ave West is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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 Brookhaven-Amesbury · asking prices
$661kavg asking

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

1104-1461 Lawrence Avenue$725k610-1461 Lawrence Avenue$650k2413-10 Martha Eaton Way$530k2009-1461 Lawrence Avenue$699k810-1461 Lawrence Avenue$700k

The 5 closest of 8 active listings nearby.

See all comparable homes
698kThis home725k650k530k699k700kThis home vs active comparables
Live market pulseActive comparables in Brookhaven-Amesbury · median list $485K
$822this home / sqft
20active listings nearby
15days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Brookhaven-Amesbury, 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: Keele St at Lawrence Ave West, about 205 m away

20+ transit stops9 grocery20+ dining20+ parks7 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.

Annex
$1.39M
Willowdale West
$770K
Willowdale East
$441K
Mimico
$800K
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 George Anderson Public School
88%
George Anderson Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$3,181/mo
$145KIncome needed
4.8×Price ÷ income
$734Weekly 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.

77%mortgage
Mortgage $3,181Property tax $218Condo fee $759Total carry $4,158

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)
$2,980per month

Mortgage amount $558,400 · 4.14% over 25 years

$139,600Down payment (20.0%)
$558,400Loan before insurance
$0CMHC premium
$3,957Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,980
Property tax
$218
Condo / maintenance fees
$759
Heating
$0
Estimated monthly cost
$3,957

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

One-time closing costs

Ontario land transfer tax
$10,435
Toronto municipal land transfer tax
$10,435
Estimated closing costs
$20,870

Plus your down payment of $139,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,619/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

$335,549Total interest paid
$893,949Total of all payments
Principal $558,400 Interest $335,549
YearPrincipalInterestBalance
1$13,081$22,677$545,319
2$13,629$22,129$531,690
3$14,199$21,559$517,491
4$14,793$20,965$502,699
5$15,411$20,347$487,288
6$16,056$19,702$471,232
7$16,728$19,030$454,504
8$17,427$18,331$437,077
9$18,156$17,602$418,921
10$18,916$16,842$400,005
11$19,707$16,051$380,299
12$20,531$15,227$359,767
13$21,390$14,368$338,378
14$22,285$13,473$316,093
15$23,217$12,541$292,876
16$24,188$11,570$268,688
17$25,200$10,558$243,489
18$26,254$9,504$217,235
19$27,352$8,406$189,883
20$28,496$7,262$161,387
21$29,688$6,070$131,700
22$30,930$4,828$100,770
23$32,223$3,535$68,547
24$33,571$2,187$34,975
25$34,975$783$0

At the end of your 5-year term

Total paid over the term
$178,790
Principal paid down
$71,112
Interest paid
$107,677
Balance remaining
$487,288

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$2,700/mo
$32,400Gross annual rent
2.4%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.

4.6%
Gross yield
− Property tax $2,617− Condo fees $9,108− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,511

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

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