112 Varna Drive, Toronto C04

Price: $739,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13684536

Welcome to 112 Varna Drive, Unit 4, a clean, bright, and inviting residence offering comfortable living in the desirable Englemount-Lawrence community. This well-maintained unit features a functional layout with spacious principal rooms, plenty of natural light, and a warm, welcoming atmosphere throughout. The thoughtfully designed living space is ideal for relaxing, entertaining, or working from home, while the practical floor plan provides excellent everyday functionality. Ideally located in a well-established and family-friendly neighbourhood, residents can enjoy convenient access to public transit, schools, parks, shopping, restaurants, places of worship, and a variety of everyday amenities. Just minutes from Yorkdale Shopping Centre, major highways, and convenient transit connections, this property offers easy access throughout Toronto. An excellent opportunity for first-time buyers, down-sizers, young professionals, or investors looking for a bright and comfortable home in a convenient and well-connected community.

112 Varna Drive - Condo photo 1 of 32 in Lawrence Park / Bedford Park, Ontario
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New Listing
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$739,900 - 112 Varna Drive, Lawrence Park

Condo for Sale in Lawrence Park

New — Listed 6 days ago

Neighbourhood: Englemount-Lawrence

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13684536
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Lawrence Park / Bedford Park
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX REALTRON DAVID SOBERANO GROUP
Description

Welcome to 112 Varna Drive, Unit 4, a clean, bright, and inviting residence offering comfortable living in the desirable Englemount-Lawrence community. This well-maintained unit features a functional layout with spacious principal rooms, plenty of natural light, and a warm, welcoming atmosphere throughout. The thoughtfully designed living space is ideal for relaxing, entertaining, or working from home, while the practical floor plan provides excellent everyday functionality. Ideally located in a well-established and family-friendly neighbourhood, residents can enjoy convenient access to public transit, schools, parks, shopping, restaurants, places of worship, and a variety of everyday amenities. Just minutes from Yorkdale Shopping Centre, major highways, and convenient transit connections, this property offers easy access throughout Toronto. An excellent opportunity for first-time buyers, down-sizers, young professionals, or investors looking for a bright and comfortable home in a convenient and well-connected community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,796.07/mo

Includes CMHC insurance ($20,643)

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5%10%50%

5-yr fixed avg.

Principal: $665,910Interest: $452,268
Mortgage Amount$686,553
Total Interest$452,268
Est. Property Tax$524/mo
Total Cost$1,138,821

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.

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Neighbourhood Guide: Englemount-Lawrence

Discover Englemount-Lawrence

Englemount-Lawrence 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 Englemount-Lawrence

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Englemount-Lawrence 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.

70
Walk Score
Varies
Price Range

112 Varna Drive, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$524
Insurance (est.)-$154
Net Cash Flow+$1,462

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $617/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Lawrence Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

About Englemount-Lawrence

I know Englemount-Lawrence well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    112 Varna Drive | $739,900 | Battaglia Team