2152 Lawrence Avenue Unit PH08, Toronto E04

Price: $559,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: E13525254

Absolutely Breathtaking Penthouse Suite is situated in the sought-after Wexford-Marydale community with almost close to 900 SF of above grade. This Unit Boasts An Abundance Of Natural Sunlight Throughout The Unit. An open-concept layout with two bedrooms and two full bathrooms, offering captivating views from the open balcony. Comes with parking and a locker. An Expansive 100 Sq Ft+ Open Balcony. Freshly painted. Windows Offering Southwest Sunset Down Town Toronto and CN tower. The unit is impeccably clean and is a must-see. It's conveniently located within walking distance to TTC, and just minutes away from shopping malls, pharmacies, Scarborough Town Centre, DVP, Ymca, Library, Service Ontario and Highway 401. Residents here enjoy the convenience of a 24-hour concierge, a well-equipped gym, a spacious party room, Terrace For Barbecues and various other recreational amenities." It is a Penthouse unit and must see.

2152 Lawrence Avenue Unit PH08 - New Construction photo 1 of 34 in Dorset Park / Kennedy Park, Ontario
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New Listing
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$559,900 - 2152 Lawrence Avenue Unit PH08, Kennedy Park

New Construction for Sale in Kennedy Park

New — Listed yesterday

Neighbourhood: Wexford-Maryvale

2Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
E13525254
Property Type
New Construction
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Absolutely Breathtaking Penthouse Suite is situated in the sought-after Wexford-Marydale community with almost close to 900 SF of above grade. This Unit Boasts An Abundance Of Natural Sunlight Throughout The Unit. An open-concept layout with two bedrooms and two full bathrooms, offering captivating views from the open balcony. Comes with parking and a locker. An Expansive 100 Sq Ft+ Open Balcony. Freshly painted. Windows Offering Southwest Sunset Down Town Toronto and CN tower. The unit is impeccably clean and is a must-see. It's conveniently located within walking distance to TTC, and just minutes away from shopping malls, pharmacies, Scarborough Town Centre, DVP, Ymca, Library, Service Ontario and Highway 401. Residents here enjoy the convenience of a 24-hour concierge, a well-equipped gym, a spacious party room, Terrace For Barbecues and various other recreational amenities." It is a Penthouse unit and must see.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,872.58/mo

Includes CMHC insurance ($15,621)

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5%10%50%

5-yr fixed avg.

Principal: $503,910Interest: $342,242
Mortgage Amount$519,531
Total Interest$342,242
Est. Property Tax$397/mo
Total Cost$861,773

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.

Ready to get pre-approved?

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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 PH08, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$397
Insurance (est.)-$117
Net Cash Flow+$1,886

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 $700/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.

Efficient Living

At 800 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 $2,333 (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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    2152 Lawrence Avenue Unit PH08 | $559,900 | Battaglia Team