$1,325,000 - 424 Lawrence Heights Way Unit Block 5C, POTL 49, Lawrence Park
Townhouse for Sale in Lawrence Park
125 days on market- MLS Number
- C12841996
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 125
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Great Assignment Opportunity! Interior Showing Starting Apr 13, 2026. Rare-Find Brand New Legal 2 Units Townhouse In The Highly Sought-After New Lawrence Heights, An Exciting Master-Planned Community Built By Award-Winning Metropia! This Luxury Modern Townhouse Is Proud Of Its Exceptional Designer Finishes And Overlooks The Park! (Builder Charged $100K Premium For Park Location). Provides A Private Backyard And Single Car Garage In The Heart Of North Toronto. Offers 2641 Sq. Ft. Of Thoughtfully Designed Indoor Living Area, Including 636 Sq. Ft. In A Lower Level Secondary Suite Finished By The Builder. Main Unit Has 4 Spacious Bedrooms Plus A Large Den, 3.5 Baths, 2 Master Bedrooms With Own Ensuite Bath, Smooth Ceilings Throughout. The One-Bedroom Secondary Suite With Separate Entrance Is Very Bright With Big Windows, Has Its Own Kitchen And Laundry. Insulation Added Between Secondary Suite And Main Floor To Absorb Noise & Vibration.(Builder Charged $100K Premium For Building The Legal Secondary Suite). Live In One Unit And Rent Out The Other, Or Rent Out Both For Excellent Cash Flow! The Whole House Is Carpet Free, With Oak Staircase Throughout, Hardwood Floor For Main Unit and Laminate For Lower Unit, 9' Ceiling on Main Floor and 8' Ceiling For Other Floors. Both Kitchens Feature Quartz Countertops, Stainless Steel Appliances, Tile Backsplash And Other Upgrades. Walk To The World-Renowned Yorkdale Shopping Centre, Subway Station, Parks And Luxurious Amenities. Enjoy Quick Access To Go Transit, Hwy 401 & Allen Rd And The Future LRT. [Located In Block 5C, POTL 49. Firm Occupancy Date: 4/13/2026]. [Listing Terminated Per Builder Request.]
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Estimated Payment
$5,860.92/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 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.
424 Lawrence Heights Way Unit Block 5C, POTL 49, 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
Competitive Pricing
At $663/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.
Negotiation Opportunity
At 125 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Lawrence Park have shown strong appreciation as families seek more space.
Excellent Flexibility
With 6 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 5 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.
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 $5,521 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.