$2,690,000 - 1202 Avenue Road, Lawrence Park
New Construction for Sale in Lawrence Park
105 days on market- MLS Number
- C12839520
- Property Type
- New Construction
- Status
- active
- Days on Site
- 105
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Introducing the final residence in this exclusive collection of seven custom-built townhomes in Lawrence Park South - where timeless architecture meets modern sophistication.Crafted with premium finishes and impeccable attention to detail, this home features a private elevator servicing all levels, soaring ceilings, rich warm woods, luxury porcelain surfaces, and a stunning German LEICHT kitchen with quartz countertops and high-end appliances. Expansive principal rooms are designed for elevated entertaining, while the primary suite occupies its own private level, creating a true retreat within the home.What makes this residence truly exceptional is that you are effectively purchasing two fully functional living spaces under one roof.THE LOWER LEVEL IS A FULLY SELF CONTAINED STUDIO SUITE with its own entrance, full kitchen, ensuite bath, and dedicated laundry. Whether used as a rental apartment, Airbnb income suite, in-law residence, caregiver's quarters, or independent living space for an older child, this separate unit offers rare flexibility and significant income potential.In one of Toronto's most prestigious school districts - surrounded by top-ranked public and private schools - the location adds another layer of long-term value and stability. Steps to Avenue Road's finest dining, boutique shopping, parks, and transit, this address delivers both lifestyle and smart investment fundamentals.A luxury townhome and an income-producing residence in one.The final opportunity in a limited collection of seven.
Estimate your monthly payments for this property
Estimated Payment
$11,898.78/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.
1202 Avenue Road, Lawrence Park / Bedford Park
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Rental income estimator & ROI calculator
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 $1345/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 105 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.
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.
Bathroom Count Matters
With 4 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.
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 $11,208 (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.