120 Varna Drive Unit 423, Toronto C04

Price: $499,990

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13089412

Luxury living meets everyday convenience in this chic Cartier 1 model, offering 630 sq. ft. of thoughtfully planned space with floor-to-ceiling windows and a sliding door leading to a 147 sq. ft. balcony with a peaceful west-facing exposure over a lovely, set back, green space - the perfect place to relax and enjoy the sunset. The split 2-bedroom layout features bright windows, modern bathrooms, and a primary suite complete with his-and-hers closets and a private ensuite. The open-concept living area showcases elegant wide plank flooring, a two-tone kitchen with granite countertops, glass tile backsplash, stainless steel appliances, and an undermount sink with vegetable spray. Additional highlights include custom window treatments, ensuite laundry with GE washer and dryer, one oversized parking spot (ideally located across from the entrance door), and a locker for added storage. Enjoy the comfort of 24-hour concierge service, hotel-inspired guest suites, and impressive amenities including a fitness centre, party room, and rooftop deck. Perfectly situated steps from Yorkdale Mall, subway access, and top dining options, with quick connections to the Allen Expressway and Hwy 401.Experience style, serenity, and connection - all at one exceptional address.

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$499,990 - 120 Varna Drive Unit 423, Lawrence Park

Condo for Sale in Lawrence Park

43 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13089412
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Lawrence Park / Bedford Park
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Luxury living meets everyday convenience in this chic Cartier 1 model, offering 630 sq. ft. of thoughtfully planned space with floor-to-ceiling windows and a sliding door leading to a 147 sq. ft. balcony with a peaceful west-facing exposure over a lovely, set back, green space - the perfect place to relax and enjoy the sunset. The split 2-bedroom layout features bright windows, modern bathrooms, and a primary suite complete with his-and-hers closets and a private ensuite. The open-concept living area showcases elegant wide plank flooring, a two-tone kitchen with granite countertops, glass tile backsplash, stainless steel appliances, and an undermount sink with vegetable spray. Additional highlights include custom window treatments, ensuite laundry with GE washer and dryer, one oversized parking spot (ideally located across from the entrance door), and a locker for added storage. Enjoy the comfort of 24-hour concierge service, hotel-inspired guest suites, and impressive amenities including a fitness centre, party room, and rooftop deck. Perfectly situated steps from Yorkdale Mall, subway access, and top dining options, with quick connections to the Allen Expressway and Hwy 401.Experience style, serenity, and connection - all at one exceptional address.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.21/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $449,991Interest: $305,622
Mortgage Amount$463,941
Total Interest$305,622
Est. Property Tax$354/mo
Total Cost$769,562

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 / Bedford Park

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

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 / 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.

70
Walk Score
Varies
Price Range

120 Varna Drive Unit 423, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,352

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

Fair Market Value

At $833/sqft, this property is priced in line with current Lawrence Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 43 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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    120 Varna Drive Unit 423 | $499,990 | Battaglia Team