$2,999,900 - 505 Glencairn Avenue Unit 409, Lawrence Park
Condo for Sale in Lawrence Park
160 days on market- MLS Number
- C12736718
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to Refined Living at Glenhill Condominiums, an intimate collection of finely crafted residences in the heart of Toronto's Bathurst & Glencairn community. This thoughtfully designed 2 Bedroom suite spans 1,798 sq ft and features a split-bedroom layout for enhanced privacy, an open-concept living and dining area for connection, with additional Sitting Area. Step on to your south east-facing wrap around Terrace with unobstructed sunny south east views, the perfect setting to enjoy a coffee or a quiet gathering. Special Upgrade Package includes: Miele appliances, stone countertops and backsplash, upgraded kitchen cabinetry and bathroom vanity heights, pot lights throughout, wide-plank engineered hardwood floors. Residents enjoy access to Glenhill's wellness inspired amenities: indoor and outdoor pools, fitness and spa facilities, private dining and lounge spaces, concierge service, and beautifully landscaped surroundings. The onsite Glenhill Hotel and event space offers unparalleled hospitality. The location combines convenience and community, steps from shops, restaurants, schools, parks, and the Glencairn subway, with Yorkdale Mall, Highway 401, and the Allen Rd. moments away.
Estimate your monthly payments for this property
Estimated Payment
$13,269.57/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.
505 Glencairn Avenue Unit 409, 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
Premium Pricing
At $1875/sqft, this property is priced above the Lawrence Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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 $12,500 (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.