$1,699,000 - 351 Fairlawn Avenue, Lawrence Park
Detached for Sale in Lawrence Park
Neighbourhood: Bedford Park-Nortown
- MLS Number
- C13527506
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Fully RENOVATED in 2023! Welcome to this stunning 3-bedroom, 2-bathroom turn key detached home situated on a massive 25 x 165 ft lot in the prestigious and family-friendly Yonge & Lawrence neighborhood. The bright main floor seamlessly blends character and modern updates, featuring gleaming hardwood floors, a cozy wood burning fireplace, and a direct walk out to a private, fully fenced, EXTRA DEEP backyard!*******THE INCREDIBLE 165 foot lot DEPTH and favorable SIDE clearance offers prime potential to build a SWIMING POOL or GARDEN SUITE perfect for future rental income, grandparents, or older children! ******* The completely FINISHED lower level offers FANTASTIC SPACE versatile space that can be used as an additional bedroom or recreation room, complete with laundry and a full bathroom featuring a stand-up shower. New wiring(2023) New AC/Heatpump (2023) Roof (2025) New Mitsubishi Hi-efficient Water heater/Boiler (2024). Nestled on a welcoming street with wonderful neighbors, this home offers unparalleled convenience. You are just a short walk to the Lawrence subway station, gourmet dining, and boutique shopping. Enjoy access to top-tier school catchments including John Wanless Jr. P.S., Lawrence Park C.I., as well as prestigious Catholic and private schools!
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/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.
351 Fairlawn Avenue, 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 $1133/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 25 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Bedford Park-Nortown
I know Bedford Park-Nortown 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 $7,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.