$1,949,999 - 1208 Avenue Road, Lawrence Park
Multi-Family for Sale in Lawrence Park
New — Listed 5 days ago- MLS Number
- C13229798
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 5
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Turnkey income opportunity! Two beautiful two bedroom rental units plus an additional basement 1-bedroom, 2-bath suite with strong rental income. Each upper unit offers 2 bedrooms, 1.5 baths, with stunning kitchens and large floor plans and upgraded finishes throughout. Lovely Balconies and Outdoor Space. Professionally landscaped with parking. All units currently tenanted with strong rental income. A/C Wall Units Only In Second Floor
Estimate your monthly payments for this property
Estimated Payment
$8,625.50/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.
1208 Avenue Road, 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
Fair Market Value
At $975/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Lawrence Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 5 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 $8,125 (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.