2152 Lawrence Avenue Unit 101, Toronto E04

Price: $569,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13503044

Rare opportunity to own a beautiful and unique corner unit with no adjoining neighbours on either side, offering exceptional privacy similar to a townhouse-style layout. Bright and spacious with floor-to-ceiling windows and high ceilings throughout. Modern open-concept design with a large living area that can easily be converted into a den or office space. Upgraded kitchen with quartz countertops and abundant cabinetry, ideal for both daily living and entertaining.One of the largest oversized/marked parking spaces in the building.Luxury building featuring outstanding amenities including an indoor pool, fully equipped gym, landscaped terrace with BBQ area, and a large party room. Well-maintained and highly desirable residential community.Prime location steps to TTC and minutes to Bluffers Park, Downtown Toronto, Scarborough Town Centre, Highway 401/404/DVP, schools, grocery stores, library, community centre, shopping, banks, restaurants, and parks.Strong investment opportunity. Unit is currently tenanted at $3,050/month with parking leased separately at $150/month. Tenant will vacate by end of July. Adjacent unit (Unit 105) is also available, creating a rare opportunity to purchase both units on the same floor (only two unitsper floor, same ownership possible). Unit 105 is rented at $3,150/month, with parking and locker leased separately at $60/month.Motivated seller. Excellent opportunity for end users or investors. A must-see property.

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New Listing
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$569,900 - 2152 Lawrence Avenue Unit 101, Kennedy Park

Condo for Sale in Kennedy Park

New — Listed 5 days ago

Neighbourhood: Wexford-Maryvale

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13503044
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Rare opportunity to own a beautiful and unique corner unit with no adjoining neighbours on either side, offering exceptional privacy similar to a townhouse-style layout. Bright and spacious with floor-to-ceiling windows and high ceilings throughout. Modern open-concept design with a large living area that can easily be converted into a den or office space. Upgraded kitchen with quartz countertops and abundant cabinetry, ideal for both daily living and entertaining.One of the largest oversized/marked parking spaces in the building.Luxury building featuring outstanding amenities including an indoor pool, fully equipped gym, landscaped terrace with BBQ area, and a large party room. Well-maintained and highly desirable residential community.Prime location steps to TTC and minutes to Bluffers Park, Downtown Toronto, Scarborough Town Centre, Highway 401/404/DVP, schools, grocery stores, library, community centre, shopping, banks, restaurants, and parks.Strong investment opportunity. Unit is currently tenanted at $3,050/month with parking leased separately at $150/month. Tenant will vacate by end of July. Adjacent unit (Unit 105) is also available, creating a rare opportunity to purchase both units on the same floor (only two unitsper floor, same ownership possible). Unit 105 is rented at $3,150/month, with parking and locker leased separately at $60/month.Motivated seller. Excellent opportunity for end users or investors. A must-see property.

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Estimate your monthly payments for this property

Estimated Payment

$2,923.88/mo

Includes CMHC insurance ($15,900)

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5-yr fixed avg.

Principal: $512,910Interest: $348,355
Mortgage Amount$528,810
Total Interest$348,355
Est. Property Tax$404/mo
Total Cost$877,165

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: Wexford-Maryvale

Discover Wexford-Maryvale

Wexford-Maryvale 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 Wexford-Maryvale

  • Convenient location in Dorset Park / Kennedy 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

Wexford-Maryvale 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

2152 Lawrence Avenue Unit 101, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$1,172

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

Competitive Pricing

At $633/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kennedy 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.

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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Wexford-Maryvale

I know Wexford-Maryvale 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: Kennedy Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2152 Lawrence Avenue Unit 101 | $569,900 | Battaglia Team