$1,799,000 - 1 Glen Park Unit 404, Lawrence Park
Condo for Sale in Lawrence Park
160 days on market- MLS Number
- C12540244
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rarely Available, Generously-Sized, Corner Suite At The Lovely 1 Glen Park! A Sought After Building And In-Demand Address Featuring Boutique, Luxury Living At A Reasonable Price! This Desirable Suite Features Open Concept Living and Dining With Wrap-Around Windows. Its Kitchen Is Stacked With Plenty Of Built-Ins And An Eat-In Area For Casual Dining. The Unit Is Complete W/ 3 Bedrooms And 3 Full Washrooms. The Primary Bedroom Features A Large Walk-In Closet & 2nd Bedroom Includes A Walk-In Closet Too! The 2nd And 3rd Bedrooms Can Be Utilized As Guest Bedrooms, Offices, Dens Or Family Room Spaces! The Suite Is Open And Airy W/ 9 Feet Ceilings & Features 2 Walk/Out Balconies, One Off Of The Dining Room And One Connected To The Primary Bedroom. A Mix Of Beautiful Hardwood Floors, Tile & Cozy Carpeting Throughout. Ample Storage Including & Oversized Front Hall Closet. Wonderful, Homey Layout With No Wasted Space And A Spectacular Entertaining Space. Charming, Elegant And Sophisticated Lobby With Comfortable Seating Area. Quiet, Well Maintained Building With Friendly And Helpful Concierge Staff. Side-By-Side Parking & Lockers Plus Various Visitor Parking Spaces. Building Amenities Include A Gym, Sauna, Library/Games Room & Party Room. Prime Location Walkable To Shops, Restaurants, Bakeries, Services, Schools, The Library And Places of Worship. TTC At Your Door Step And Close To Glencairn Subway Station. Minutes to the Beltline Trail, Allen Rd, 401, Lawrence Plaza and Yorkdale. Easy Living At This Gem Of A Suite!
Estimate your monthly payments for this property
Estimated Payment
$7,957.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Lawrence Park / Bedford Park
Lawrence Park / Bedford Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Lawrence Park / Bedford Park
- •Convenient location in Lawrence Park / Bedford Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Lawrence Park / Bedford Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Glen Park Unit 404, Lawrence Park / Bedford Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $900/sqft, this property is priced in line with current Lawrence Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Lawrence Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Lawrence Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.