$1,899,000 - 549 Lawrence Avenue, Lawrence Park
Detached for Sale in Lawrence Park
Popular ListingNeighbourhood: Englemount-Lawrence
- MLS Number
- C13492076
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- LANDPOWER REAL ESTATE LTD.
Welcome to 549 Lawrence Ave W - a rare opportunity to own a lovingly maintained, detached 2-storey home on a premium 50' x 96' lot in the highly sought-after Englemount-Lawrence community. Held with pride of ownership since 1987, this home seamlessly blends classic charm with a significant, modern extension in 2006. The above-grade extension adds nearly 500 sq. ft. of sophisticated living space with a 9-foot ceilings, featuring a sun-filled great room with expansive picture windows, two oversized sliding doors, and walkout to a large deck overlooking a beautiful south facing backyard. The walk-out basement extension features a separate entrance, two generous bedrooms, full kitchen, open-concept living/dining, and independent laundry. This suite is fully renovated in 2025, move-in ready for multi-generational living or immediate high-yield rental income. The main residence offers a functional, elegant layout with family room overlooking landscaped front gardens, dining room, and updated kitchen with quartz counters, extensive cabinetry, and breakfast nook. Quality finishes abound, including California shutters and fresh, tasteful paint throughout. The exterior is a testament to quality, featuring beautiful landscaping, an interlocking paver driveway, and a fully fenced, low-maintenance backyard. Positioned in a prime location with easy access to Highway 401, Lawrence West & Lawrence subway stations, top schools, places of worship, and the prestigious Yorkdale Shopping Centre. Fronting on Lawrence Ave W, this property offers both immediate end-user appeal and strong long-term potential for future mid-rise development along the Lawrence corridor.
Estimate your monthly payments for this property
Estimated Payment
$8,399.92/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 Englemount-Lawrence
Englemount-Lawrence 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 Englemount-Lawrence
- •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
Englemount-Lawrence 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.
549 Lawrence Avenue, 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 $1266/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.
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.
Excellent Flexibility
With 5 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 3 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.
About Englemount-Lawrence
I know Englemount-Lawrence 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 $7,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.