147 Viewmount Avenue, Toronto C04

Price: $1,598,000

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: C13792136

Lovingly cared for property by the same owners for decades but ready for a change. You are one step closer to building or renovating your dream home or securing your next project. This sprawling 40' x 140' lot is the perfect blank canvas. Build, renovate or capitalize on the existing two vacant units (1x3 bedroom & 1x2 bedroom) and collect income with your legal Duplex. 5-STAR location being just a 5 min walk to Glencairn TTC subway station, a 5 min drive to Allen Rd, a 5 min drive to all your shopping needs at the Lawrence Allen Centre, less than a 5 min walk to Viewmount Park & 5 min walk to Bialik Hebrew Day School. ***location, location, location*** Private drive + built-in 1 car garage (2 cars total.) Upper unit renovated in 2020, roof replaced 2015, Let your creativity run wild. Incredible value in one of Toronto's most accessible pockets.

147 Viewmount Avenue - Multi-Family photo 1 of 22 in Lawrence Park / Bedford Park, Ontario
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active

$1,598,000 - 147 Viewmount Avenue, Lawrence Park

Multi-Family for Sale in Lawrence Park

Neighbourhood: Englemount-Lawrence

5Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family

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Property Details
MLS Number
C13792136
Property Type
Multi-Family
Status
active
Days on Site
21
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Lawrence Park / Bedford Park
Lot Size
5,625 sqft
Taxes (2026)
$6,998
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Lovingly cared for property by the same owners for decades but ready for a change. You are one step closer to building or renovating your dream home or securing your next project. This sprawling 40' x 140' lot is the perfect blank canvas. Build, renovate or capitalize on the existing two vacant units (1x3 bedroom & 1x2 bedroom) and collect income with your legal Duplex. 5-STAR location being just a 5 min walk to Glencairn TTC subway station, a 5 min drive to Allen Rd, a 5 min drive to all your shopping needs at the Lawrence Allen Centre, less than a 5 min walk to Viewmount Park & 5 min walk to Bialik Hebrew Day School. ***location, location, location*** Private drive + built-in 1 car garage (2 cars total.) Upper unit renovated in 2020, roof replaced 2015, Let your creativity run wild. Incredible value in one of Toronto's most accessible pockets.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,068.49/mo

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5-yr fixed avg.

Principal: $1,278,400Interest: $842,148
Mortgage Amount$1,278,400
Total Interest$842,148
Est. Property Tax$1,132/mo
Total Cost$2,120,548

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

147 Viewmount 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,132
Insurance (est.)-$333
Net Cash Flow+$2,135

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

Fair Market Value

At $1065/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.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $6,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    147 Viewmount Avenue | $1,598,000 | Battaglia Team