$3,800,000 - 178 Blythwood Road, Lawrence Park
Detached for Sale in Lawrence Park
New — Listed yesterdayNeighbourhood: Lawrence Park South
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- MLS Number
- C13785818
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Exceptional opportunity to secure a prime 70 by 200 foot lot in prestigious Lawrence Park South. This property comes with unanimous Committee of Adjustment approval for a spectacular luxury residence offering approximately 7,842 square feet of total living space, including a 5,234 square foot above-grade plan and a 2,608 square foot walkout lower level.The approved exterior footprint and front elevation are already in place, giving buyers a valuable head start on the building process. For those who prefer a smaller residence, the home can also be scaled back to better suit your family's needs and lifestyle.The listing is strictly for the land. Construction of the home is at the buyer's expense. Buyers have the opportunity to create a fully customized interior within the approved exterior design, allowing for a residence tailored entirely to their own preferences.Set in an architecturally significant, family-friendly neighbourhood, the property backs onto a ravine with mature trees, offering a calm and private setting while still providing easy access to the conveniences of Yonge Street.Nearby top-rated schools include John Wanless Jr. PS, Lawrence Park Collegiate, Havergal, Crescent, and Toronto French School. Fine dining, boutique shopping, and convenient access to downtown and Highway 401 further enhance the location.A rare opportunity to create a bespoke estate on an exceptional lot in one of Toronto's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$16,808.68/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.
178 Blythwood Road, 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
Premium Pricing
At $2533/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.
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.
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 $15,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.