$625,000 - 2 Covington Road Unit 1004, Lawrence Park
Condo for Sale in Lawrence Park
Neighbourhood: Englemount-Lawrence
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13812732
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Taxes (2026)
- $3,315
- Maintenance Fees
- $1,004/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Unobstructed Southwest Views. Generous Space. Endless Potential. First time offered by original owner! Bright, spacious and filled with natural light, this meticulously maintained corner suite offers 2 generous bedrooms, 2 full bathrooms and unobstructed southwest views of the Toronto skyline and CN Tower. Wraparound windows in the living and dining areas take full advantage of the exposure, filling the space with natural light, while the open balcony offers the perfect spot to enjoy the view, with recently sealed flooring. The functional galley kitchen offers plenty of counter and storage space, along with a separate eat-in breakfast area. The spacious primary suite features custom built-ins for additional storage, his and hers closets and a 4-piece ensuite with a soaker tub and separate glass-enclosed shower. The main bathroom features an oversized walk-in double shower with glass enclosure. Includes one underground parking space ideally located on P1 near the elevator, plus a coveted storage locker. Enjoy the comfort of a quiet, well-managed building with concierge/security, outdoor pool, exercise room, sauna, guest suites, party room and community BBQ area. An exceptionally convenient location just steps to shopping, dining, transit, schools, parks, synagogues and everyday essentials, with Yorkdale Shopping Centre, Costco and Hwy 401 only minutes away. A spacious, light-filled corner suite with incredible views, a fantastic location and tremendous potential to create a home that truly feels like your own. Don't miss this opportunity! *Maintenance fees include high-speed internet, cable TV and water.* (Some photos have been virtually rendered to illustrate potential).
Estimate your monthly payments for this property
Estimated Payment
$3,206.57/mo
Includes CMHC insurance ($17,438)
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 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
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.
2 Covington Road Unit 1004, 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
Competitive Pricing
At $625/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.
Market Position
At 15 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.
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. The $1004/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,604 (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.