18 Wanless Avenue Unit PH6, Toronto C04

Price: $1,350,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13614088

Welcome to Penthouse 6 at 18 Wanless Avenue, an exceptional, updated residence offering the perfect blend of luxury, comfort, and outdoor living. With 1,167 sq. ft. of beautifully appointed interior space plus an impressive 311 sq. ft. private terrace complete with a retractable awning, this rare penthouse provides an ideal setting for entertaining or relaxing in style.The thoughtfully renovated interior features a stunning modern kitchen with quality finishes, two beautifully updated bathrooms, and a spacious, functional layout. Offering 2 bedrooms plus a generous den, the den is large enough to serve as a third bedroom, home office, or family room, providing exceptional flexibility.The elegant primary retreat is a true sanctuary, showcasing a coffered ceiling, walkout to the expansive terrace, two walk-in closets, and a luxurious 4-piece ensuite bath.Perfectly positioned in one of Toronto's most sought-after neighbourhoods, this exceptional penthouse combines sophisticated finishes, generous living space, and outstanding indoor-outdoor living in a highly desirable boutique building.

18 Wanless Avenue Unit PH6 - Condo photo 1 of 30 in Lawrence Park / Bedford Park, Ontario
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$1,350,000 - 18 Wanless Avenue Unit PH6, Lawrence Park

Condo for Sale in Lawrence Park

Neighbourhood: Lawrence Park North

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13614088
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Lawrence Park / Bedford Park
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Description

Welcome to Penthouse 6 at 18 Wanless Avenue, an exceptional, updated residence offering the perfect blend of luxury, comfort, and outdoor living. With 1,167 sq. ft. of beautifully appointed interior space plus an impressive 311 sq. ft. private terrace complete with a retractable awning, this rare penthouse provides an ideal setting for entertaining or relaxing in style.The thoughtfully renovated interior features a stunning modern kitchen with quality finishes, two beautifully updated bathrooms, and a spacious, functional layout. Offering 2 bedrooms plus a generous den, the den is large enough to serve as a third bedroom, home office, or family room, providing exceptional flexibility.The elegant primary retreat is a true sanctuary, showcasing a coffered ceiling, walkout to the expansive terrace, two walk-in closets, and a luxurious 4-piece ensuite bath.Perfectly positioned in one of Toronto's most sought-after neighbourhoods, this exceptional penthouse combines sophisticated finishes, generous living space, and outstanding indoor-outdoor living in a highly desirable boutique building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,971.51/mo

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5-yr fixed avg.

Principal: $1,080,000Interest: $711,452
Mortgage Amount$1,080,000
Total Interest$711,452
Est. Property Tax$956/mo
Total Cost$1,791,452

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.

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Neighbourhood Guide: Lawrence Park North

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

18 Wanless Avenue Unit PH6, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$873

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1350/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.

Market Position

At 26 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.

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.

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 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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    18 Wanless Avenue Unit PH6 | $1,350,000 | Battaglia Team