$795,000 - 3018 Yonge Street Unit 612, Lawrence Park
Condo for Sale in Lawrence Park
160 days on market- MLS Number
- C12690140
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
True luxury 1 Bedroom + Den condo with forever views of Lawrence Park Ravine. This efficient 710 square foot layout is filled with natural light and includes a large open concept kitchen and centre island complete with breakfast bar. The kitchen features abundant storage with pantries and a luxury European appliance package, including Liebherr refrigerator/freezer with icemaker and cabinet fronts, Miele dishwasher with cabinet front, Miele smooth cooktop, Miele full-size convection oven, and Miele architecturally designed modern hood fan. The living and dining rooms are functionally laid out and large enough for full-size furnishings. Flooring throughout the living and bedroom areas is a premium oak hardwood. The bedroom is daylit and includes a large closet with built-in safe for valuables. The den provides space for a home office, small TV lounge, or room for a murphy bed to accommodate an overnight guest. There are two walkouts to a large balcony with gorgeous east and southeast views. The bathroom features Kohler premium fixtures/faucets, marble counter, and marble tile, including a tile fronted soaker tub. Ideal for young professionals or downsizers, offering excellent management, low fees, elegant lobby, huge party room, ground floor outdoor lounge with BBQ area, and luxurious rooftop amenities including a saltwater outdoor swimming pool, outdoor hot tub with fireplace, extensive outdoor seating areas with panoramic city views, and a well equipped gym with spa-like steam room. This building has ample visitor parking and is just steps from the TTC, local shops, cafes, and restaurants. One parking space and locker included. One of the best luxury buildings in the heart of Lawrence Park.
Estimate your monthly payments for this property
Estimated Payment
$4,078.76/mo
Includes CMHC insurance ($22,181)
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 / Bedford Park
Lawrence Park / Bedford Park 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 / Bedford Park
- •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 / Bedford Park 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.
3018 Yonge Street Unit 612, Lawrence Park / Bedford Park
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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
Fair Market Value
At $1136/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.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Lawrence Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 700 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.
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 $3,313 (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.