139 Ranee Avenue, Toronto C04

Price: $1,299,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: C13697796

LOCATION, LOCATION, LOCATION! Beautifully renovated detached home on a 55 x 132 ft. lot in the desirable Lawrence & Bathurst area. Extensively renovated throughout, including a brand-new kitchen with new cabinetry, Quartz countertops & backsplash, new double sink, a completely renovated bathroom with new vanity featuring granite countertop, new stand-up shower and shower rain, new flooring plus new interior doors, new casing, freshly painted throughout. Additional updates include a new backwater valve, sump pump and backup battery installed in June 2026 to help protect the basement from water and flooding. This spacious 3+2 bedroom home features a 200 AMP electrical panel, huge backyard, 2 detached garages, very long driveway with parking up to 8 cars, separate entrances and 2 separate laundry area on the main floor and basement. The professionally renovated finished basement offers 2 bedrooms, a 4-piece bathroom, kitchen area, double sink, pot lights and a huge cold room ideal for storage, The main floor and basement have previously been rented separately, providing excellent income for homeowners or investors. Enjoy a large above-ground patio and huge backyard, perfect for entertaining and family gatherings. Steps to Yorkdale Subway Station and Yorkdale Shopping Centre, with TTC at your doorstep. Close to synagogues, community centers, grocery stores, coffee shops, restaurants, banks, parks and public schools.Located in a family-oriented, centrally located neighborhood with quick access to Allen Road and Highways 401/404/400. A rare opportunity offering extensive renovations, excellent parking, a large lot and outstanding location! New Survey is available.

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New Listing
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$1,299,000 - 139 Ranee Avenue, Lawrence Park

Detached for Sale in Lawrence Park

New — Listed 3 days ago

Neighbourhood: Englemount-Lawrence

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
C13697796
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

LOCATION, LOCATION, LOCATION! Beautifully renovated detached home on a 55 x 132 ft. lot in the desirable Lawrence & Bathurst area. Extensively renovated throughout, including a brand-new kitchen with new cabinetry, Quartz countertops & backsplash, new double sink, a completely renovated bathroom with new vanity featuring granite countertop, new stand-up shower and shower rain, new flooring plus new interior doors, new casing, freshly painted throughout. Additional updates include a new backwater valve, sump pump and backup battery installed in June 2026 to help protect the basement from water and flooding. This spacious 3+2 bedroom home features a 200 AMP electrical panel, huge backyard, 2 detached garages, very long driveway with parking up to 8 cars, separate entrances and 2 separate laundry area on the main floor and basement. The professionally renovated finished basement offers 2 bedrooms, a 4-piece bathroom, kitchen area, double sink, pot lights and a huge cold room ideal for storage, The main floor and basement have previously been rented separately, providing excellent income for homeowners or investors. Enjoy a large above-ground patio and huge backyard, perfect for entertaining and family gatherings. Steps to Yorkdale Subway Station and Yorkdale Shopping Centre, with TTC at your doorstep. Close to synagogues, community centers, grocery stores, coffee shops, restaurants, banks, parks and public schools.Located in a family-oriented, centrally located neighborhood with quick access to Allen Road and Highways 401/404/400. A rare opportunity offering extensive renovations, excellent parking, a large lot and outstanding location! New Survey is available.

Mortgage Calculator

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Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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

139 Ranee Avenue, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,409

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

Premium Pricing

At $1856/sqft, this property is priced above the Lawrence Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Detached Home Advantages

Detached homes in Lawrence Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Lawrence Park.

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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    139 Ranee Avenue | $1,299,000 | Battaglia Team