$3,736,000 - 137 Bannockburn Avenue, Lawrence Park
Detached for Sale in Lawrence Park
72 days on market- MLS Number
- C12958126
- Property Type
- Detached
- Status
- active
- Days on Site
- 72
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- WEISS REALTY LTD.
This Exquisit Home Exemplifies Elegant & Luxury Family Living,which cannot be rebuilt, at the present asking price. It is a large residence in a desirable location. Premium Finishes Beautifully-Executed Custom Features At Every Turn. Generous 4 +1 bedrooms, 7 bathrooms, finished basement with two separate walkouts. 4 Car Driveway & attached Garage. HEATED/snow melt system for both front and side exterior stairs, with automatic weather sensor. Extraordinary Fenced Backyard corner lot -AMENABLE TO BUILD A POOL-**see pool rendering ** Outstanding Principal Spaces Presenting Extra High Ceilings, beautiful-wide plank engineered hardwood Floors and decorated ceiling treatment. Family Room W/ Gas Fireplace, Built-In Bookshelves & Bay Windows. Beautiful Dining Room, Gracious Chefs Kitchen W/ Marble Countertops, High-End Appliances, 2 sinks stations. Central Island & Breakfast Area. Walk out to a large deck with natural gas BBQ connection. Rough-in for electric awning over deck . Family Room and basement with Walk-Outs To Backyard. Stylish Office Featuring Integrated Bookcases & Bay Window. Impeccably Conceived second floor with Wet Bar & built in bar fridge. Primary Suite with 6-Piece Ensuite Of Spa-Like Quality, heated floors; full size stacked washer and dryer. Wired wi-fi booster; Smart Home controlled Hub, Multiple wall mounted Alexa Screen for smart home control. Main floor smart WiFi switches, Nest Thermosts, Integrated security camera system with 6 cameras and NVR recorder, Sonos system with built in ceiling speakers. All bedrooms have ensuite bathrooms. Well-Appointed Basement at 10 ft+ High Ceilings, Vast Entertainment Room W/ Adjoining Recreation Area, Nanny Suite, two 4-Piece Bathroms & Fitness Room with rock climbing wall. Rooms virtually staged. So many more Features- all detailed in the Schedule below. Superb Location Short Walk To everything.... *** A VENDOR TAKE BACK FIRST MORTGAGE UP TO $2,000,000 IS AVAILABLE TO QAULIFIED BUYER AT REASONABLE RATE***.
Estimate your monthly payments for this property
Estimated Payment
$16,525.59/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.
137 Bannockburn 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
Fair Market Value
At $1067/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.
Negotiation Opportunity
At 72 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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 7 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.