$2,388,000 - 68 Cranbrooke Avenue, Lawrence Park
Detached for Sale in Lawrence Park
49 days on marketNeighbourhood: Lawrence Park North
- MLS Number
- C13146874
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Welcome to this professionally-updated & move-in ready home, in the heart of Lawrence Park North, one of Toronto's most walkable and coveted communities! Located on a quiet, tree-lined street, this beautiful home is conveniently located just a short walking distance to John Wanless Public School & Lawrence Park Collegiate Institute, and a 5-minute walk to Lawrence Subway Station. Enjoy the family-friendly atmosphere, and live comfortably with easy access to bountiful amenities, Yonge St, cafes, fine dining, shopping, and more! Enter this gorgeous property through the solid Mahogany front door, to the extensively redesigned interior - with a reimagined wall layout that creates an immaculate open-concept living experience. On the main floor, the elegant living room welcomes you in, with a cozy fireplace and bright light flowing through the large bay window. The refined chef's kitchen offers top-of-the-line Miele & Wolf appliances, a centre island, stunning cabinetry with linen-feel interiors, built-in speakers for a seamless audio experience, and a walk-out to the backyard deck. Head upstairs on the custom-designed, LED-lit staircase, featuring a sleek glass railing. Discover three bedrooms on the second floor, one with a private office - offering picturesque views and an abundance of natural light - creating the perfect work-from-home environment. The completely remodeled 4-piece bathroom includes wonderful heated floors, modern vanity & fixtures, and an upgraded bathtub! Downstairs, the finished basement is a private haven, featuring a recreation room ideal for entertainment, family relaxation, movie/game nights. And, an additional bedroom/nanny's suite includes a 3-piece ensuite & laundry. Outside, the serene professionally-landscaped backyard showcases a deck with glass railing, and a stunning patio space. Additional home features: newer boiler, 2 heat pumps (newer), newer gas fireplace, newer windows, upgraded basement with multiple custom built-in closets.
Estimate your monthly payments for this property
Estimated Payment
$10,562.93/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 North
Lawrence Park North 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 North
- •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 North 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.
68 Cranbrooke 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 $2171/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 49 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Lawrence Park. Good resale value as demand remains consistent.
About Lawrence Park North
I know Lawrence Park North 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 $9,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.