$928,000 - 265 Ridley Boulevard Unit 508, Lawrence Park
Condo for Sale in Lawrence Park
- MLS Number
- C13154566
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Wow! **RARELY OFFERED** At Tridel's Prestigious Ridley Boulevard Is One OF THE MOST SOUGHT AFTER BUILDINGS In BEDFORD PARK! This Exceptional 2 Bedroom + Den, CORNER SUITE Was The ORIGINAL MODEL SUITE For The Building, Showcasing An IMPRESSIVE South West EXPOSURE With Approximately 1512 Square Feet Of Spacious, Sun Filled Living From EVERY ROOM, With A View Of The CN Tower! Exquisite Upgraded Details Throughout Include Crown Mouldings, Wainscoting, Upgraded Interior Door Hardware, Hardwood Flooring & Elegant French Doors. YOUR Primary Retreat Features A Luxurious SPA-LIKE 5-Piece Ensuite & A Large Walk-In Closet With Custom Organizers! The OVERSIZED 2nd Bedroom Offers Double Closets With Organizers & Is Conveniently Located Beside The Main 4Pc Bath. A Separate Den Provides The Perfect Space For Working From Home, 3rd Bedroom Or Can Easily Serve As A Guest Suite! The Spacious Eat-In Kitchen Features Ample Cabinetry, Quartz Counters, Gas Stove & A Walkout To The Balcony - The Perfect Spot To Relax ,& Enjoy Your Morning Coffee Or Unwind With An Evening Glass Of Wine! Enjoy RESORT-LIKE Amenities Including A RELAXING OASIS By Outdoor Pool With Plenty Of Space To Relax With A Book, Women & Mens Change Rooms, Gym With Weight Rm With TV, Invite Friends For A Game of Pool In Games Room, Steam Room, Whirlpool, Relaxing Sauna, 24 Hour Concierge, Guest Suites, An Elegant Party Room With Full Size Kitchen & Outdoor Barbecue Area, Meeting Room, & Ample Visitor Parking! This Prestigious Residence Offers Every Luxury & Convenience Imaginable, Surrounded By Impeccably Landscaped Grounds & A Wam, Welcoming Community Of Residents That Make It Truly Fell Like HOME! An Amazing Location Perfectly Situated In One Of Toronto's Most DESIRABLE LOCATIONS, With Convenient Access To Hwy 401 & TTC For An Easy Downtown Commute! Enjoy Boutique Shopping Along Avenue Rd, Exceptional Dining, Parks, Golf At Don Valley Golf Course, & The Exclusive Toronto Cricket Skating & Curling Club Steps Away!
Estimate your monthly payments for this property
Estimated Payment
$4,761.12/mo
Includes CMHC insurance ($25,891)
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.
265 Ridley Boulevard Unit 508, 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
Competitive Pricing
At $663/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 26 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $3,867 (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.