$2,149,000 - 24 Ranee Avenue, Lawrence Park
Detached for Sale in Lawrence Park
New — Listed 3 days ago- MLS Number
- C13223550
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Exceptional Custom-Built Residence in Prestigious Lawrence Manor. A rare offering in one of Toronto's most desirable neighborhoods. This meticulously maintained, custom-built home showcases superior craftsmanship, high-end finishes, and an elegant design tailored for modern family living. The sun-filled, open-concept layout features soaring ceilings, extensive crown molding, rich oak hardwood flooring, and refined detailing throughout. The gourmet chef's kitchen is equipped with top-of-the-line appliances, bespoke cabinetry, and an oversized island-ideal for both family gatherings and entertaining. Upstairs, spacious principal rooms are thoughtfully laid out, with a convenient second-floor laundry and ample storage. The luxurious primary suite offers comfort and tranquility. complements by sp-inspired baths and generous closet space. The fully finished lower level offers a separate walk-up entrance, two additional bedrooms, a full kitchen, a 3-piece bathroom, gas fireplace, separate laundry, and exceptional versatility-perfect for extended family, guests, or potential rental income. Located just minutes from the TTC subway, premier shopping, parks, and within a top-ranked school district, this home offers an unparalleled lifestyle in a prime urban setting. This is an outstanding opportunity not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$9,505.75/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.
24 Ranee 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 $860/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.
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.
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 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 $8,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.