$1,799,000 - 1393 Avenue Road, Lawrence Park
Multi-Family for Sale in Lawrence Park
New — Listed yesterdayNeighbourhood: Lawrence Park South
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C14031602
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Taxes (2026)
- $8,203
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Situated in prime Lytton Park, this lovely Tudor style triplex presents an excellent income generating investment opportunity in one of Toronto's most sought after neighbourhoods. Fully tenanted & well cared for, this property is steps from John Ross Robertson & Havergal College. Two spacious above grade units feature hardwood flooring, lead glass windows & gas fireplaces. The lower unit has pot lights and a combined kitchen and living room. Surrounded by mature trees & multi million dollar homes, the property is conveniently located near the amenities of Avenue Road and Yonge Street and steps to the Avenue Road express bus for an easy commute downtown. All tenants are on month to month leases & would love to stay, offering immediate rental income & strong long term value. Parking is exceptional, with a deeded double car garage & private drive off Glenview Avenue accommodating up to 6 cars. Tenants enjoy the proximity to the beautiful walking trails through the Chatsworth ravine. See Income and Expenses in the attachment on line. The attached semi, single family home, is also for sale & may be purchased together (MLS #C14031616). Photos of the main and second level are virtually staged.
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 South
Lawrence Park South 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 South
- •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 South 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.
1393 Avenue Road, Lawrence Park / Bedford Park
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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.
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.
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.
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 Lawrence Park South
I know Lawrence Park South 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.
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.