$4,899,000 - 208 Carmichael Avenue, Lawrence Park
Detached for Sale in Lawrence Park
Neighbourhood: Bedford Park-Nortown
- MLS Number
- C13534844
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- RE/MAX PLUS CITY TEAM INC.
Designed by acclaimed architect Richard Wengle, this extraordinary Bedford Park-Nortown estate showcases over 8,000 sq. ft. of impeccably finished living space, where timeless architecture, refined craftsmanship, and resort-inspired amenities converge in a single exceptional residence. A grand circular foyer introduces elegant principal rooms adorned with soaring 10-ft ceilings, rich custom millwork, a stunning mahogany-paneled library, and expansive living and dining spaces designed for both grand entertaining and comfortable family living. At the heart of the home, the chef-inspired kitchen seamlessly connects to the spacious family room and breakfast area before extending to a spectacular covered terrace, creating effortless indoor-outdoor living. A private elevator services all four levels. The upper floors feature a luxurious primary retreat with dual walk-in closets and a spa-inspired ensuite, complemented by four additional private bedroom retreats, each with a versatile loft, lounge, study, or additional living space. The walk-up lower level rivals a private resort, highlighted by a breathtaking indoor swimming pool with a lounge area, recreation and games rooms, a home gym, private office, full bath with shower, and two additional ensuite bedrooms suited for guests, extended family, or live-in staff. Outdoors, professionally landscaped grounds offer multiple entertaining spaces, including a covered living room, covered dining area, gazebo-covered hot tub, fire table lounge, tiered stone terraces, mature trees, and exceptional privacy, creating an outdoor sanctuary for year-round enjoyment. Ideally situated in one of Toronto's most prestigious neighbourhoods, steps to premier public and private schools, Avenue Road's boutiques, cafés, and fine dining, with convenient access to downtown, major highways, and Pearson International Airport. A truly rare offering where exceptional design, luxury, wellness, and location converge.
Estimate your monthly payments for this property
Estimated Payment
$21,669.93/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 Bedford Park-Nortown
Bedford Park-Nortown 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 Bedford Park-Nortown
- •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
Bedford Park-Nortown 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.
208 Carmichael Avenue, 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
Fair Market Value
At $980/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 26 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.
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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 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 7 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.