$2,895,000 - 31 Caribou Road, Lawrence Park
Detached for Sale in Lawrence Park
40 days on market- MLS Number
- C13091180
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- BOSLEY - TORONTO REALTY GROUP INC.
Welcome To 31 Caribou Road, A Magnificent Cape Cod-Style Residence Nestled In A Tranquil, Sought-After Enclave In The Heart Of North Toronto. Set On A Charming Corner Lot Behind A Classic White Picket Fence, This Storybook Home Offers Timeless Appeal Surrounded By Mature Trees, Manicured Shrubs, And Lush Landscaping With Vibrant Annuals And Perennials. Inside, A Traditional Centre Hall Plan Showcases Elegant Hardwood Flooring, Crown Moulding, And A Warm Wood-Burning Fireplace. The Expansive Great Room Provides An Inviting Space For Both Everyday Living And Entertaining, While The Formal Dining Room Is Perfect For Hosting Gatherings. The Large Eat-In Kitchen Features A Bright Breakfast Nook Ideal For Family Meals. This Spacious Home Offers Four Bedrooms, Including A Convenient Main Floor Bedroom With Its Own Ensuite Bathroom. Upstairs, The Massive Primary Retreat Boasts A Walk-In Closet, A Luxurious 6-Piece Ensuite, And A Walk-Out To An Elevated Deck Overlooking The Picturesque Property. Additional Highlights Include A Double-Car Garage, Double-Wide Private Driveway With Parking For Four Vehicles, And A Beautifully Hardscaped Backyard Complete With An Inground Pool-Perfect For Summer Enjoyment. This enclave offers the rare feeling of "country in the city." This prestigious neighbourhood is steps from top-tier schools including John Ross Robertson and Havergal College, making it an unbeatable location for families seeking excellence. Close To The Exceptional Amenities Along Avenue Road, This Enchanting Home Blends Classic Charm With Everyday Convenience In One Of The Area's Most Desirable Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$12,805.56/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.
31 Caribou 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 $965/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.
Market Position
At 40 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.
Larger Home Realities
At 3,000 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Lawrence Park. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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.