23 Latimer Avenue, Toronto C04

Price: $1,450,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: C13134278

Sophisticated turnkey living in the heart of Allenby. This beautifully renovated 2+1 bedroom, 2-bath bungalow offers an exceptional blend of style, function, in one of Toronto's most coveted neighbourhoods. Thoughtfully redesigned to maximize every inch, the sun-filled main level features open-concept living and dining spaces anchored by a stunning chef-inspired kitchen with centre island, breakfast bar, quartz countertops, stainless steel appliances, and custom finishes throughout. The spacious primary bedroom features a wall of custom built-ins and walkout to a private backyard oasis complete with brand-new deck - perfect for summer entertaining or quiet mornings outdoors. The fully finished lower level with separate entrance adds incredible flexibility with a large recreation/media space, additional bedroom, home office/gym potential, and abundant storage. Set on a prime 25' x 110' lot with legal front pad parking and future second-storey expansion potential, this home is ideal for small families, first-time buyers, down-sizers, professionals, or anyone seeking a stylish alternative to condo living. Steps to top-rated schools, Eglinton LRT, TTC, parks, cafés, and restaurants.

23 Latimer Avenue - Detached photo 1 of 24 in Lawrence Park / Bedford Park, Ontario
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$1,450,000 - 23 Latimer Avenue, Lawrence Park

Detached for Sale in Lawrence Park

34 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
C13134278
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
ROYAL LEPAGE/J & D DIVISION
Description

Sophisticated turnkey living in the heart of Allenby. This beautifully renovated 2+1 bedroom, 2-bath bungalow offers an exceptional blend of style, function, in one of Toronto's most coveted neighbourhoods. Thoughtfully redesigned to maximize every inch, the sun-filled main level features open-concept living and dining spaces anchored by a stunning chef-inspired kitchen with centre island, breakfast bar, quartz countertops, stainless steel appliances, and custom finishes throughout. The spacious primary bedroom features a wall of custom built-ins and walkout to a private backyard oasis complete with brand-new deck - perfect for summer entertaining or quiet mornings outdoors. The fully finished lower level with separate entrance adds incredible flexibility with a large recreation/media space, additional bedroom, home office/gym potential, and abundant storage. Set on a prime 25' x 110' lot with legal front pad parking and future second-storey expansion potential, this home is ideal for small families, first-time buyers, down-sizers, professionals, or anyone seeking a stylish alternative to condo living. Steps to top-rated schools, Eglinton LRT, TTC, parks, cafés, and restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,413.84/mo

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5-yr fixed avg.

Principal: $1,160,000Interest: $764,152
Mortgage Amount$1,160,000
Total Interest$764,152
Est. Property Tax$1,027/mo
Total Cost$1,924,152

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

23 Latimer Avenue, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,027
Insurance (est.)-$302
Net Cash Flow+$1,471

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 $2071/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 34 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.

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.

Efficient Living

At 700 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.

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.

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 $6,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    23 Latimer Avenue | $1,450,000 | Battaglia Team