31 Latimer Avenue, Toronto C04

Price: $1,999,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C13101042

Introducing 31 Latimer Avenue - a thoughtfully renovated 2-storey detached home offering 3+1 bedrooms and 4 bathrooms, set on a quiet, tree-lined street in the highly sought-after Allenby neighbourhood. Blending classic old world charm restored with contemporary updates, this residence is perfectly suited for growing families and those who value both comfort and style. Glass front door with wrought iron and transom window allow for loads of natural sunlight. The main floor showcases a bright, open-concept living and dining space, ideal for everyday living and effortless entertaining. The kitchen is well-appointed with stainless steel appliances, polished granite countertops, a breakfast bar, and a charming eat-in area. Just beyond the kitchen, the vaulted family room features custom built-ins and integrated audio, with seamless access to a private backyard - a peaceful setting for children, summer gatherings, or relaxing outdoors. Upstairs, the spacious primary retreat offers extensive custom closet space and a 4-piece ensuite. Two additional bedrooms and a full bathroom provide flexibility for family living. The finished lower level includes a separate side entrance, a generous recreation room, an extra bedroom, and a full bath - ideal for guests or extended family. Additional highlights include a main floor powder room, detached shed with legal front pad parking (approx $374.18 per year), central air conditioning, and built-in security and surround sound systems. Ideally located near Allenby Public School, Glenview Senior Public School, North Toronto Collegiate Institute, and a range of respected public and private schools. Just moments from the new Chaplin LRT and the vibrant Yonge & Eglinton corridor, with its array of shops, restaurants, cafes, and everyday conveniences close by. Get street permit parking for 2nd car if required.

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active
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$1,999,000 - 31 Latimer Avenue, Lawrence Park

Detached for Sale in Lawrence Park

39 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
C13101042
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Introducing 31 Latimer Avenue - a thoughtfully renovated 2-storey detached home offering 3+1 bedrooms and 4 bathrooms, set on a quiet, tree-lined street in the highly sought-after Allenby neighbourhood. Blending classic old world charm restored with contemporary updates, this residence is perfectly suited for growing families and those who value both comfort and style. Glass front door with wrought iron and transom window allow for loads of natural sunlight. The main floor showcases a bright, open-concept living and dining space, ideal for everyday living and effortless entertaining. The kitchen is well-appointed with stainless steel appliances, polished granite countertops, a breakfast bar, and a charming eat-in area. Just beyond the kitchen, the vaulted family room features custom built-ins and integrated audio, with seamless access to a private backyard - a peaceful setting for children, summer gatherings, or relaxing outdoors. Upstairs, the spacious primary retreat offers extensive custom closet space and a 4-piece ensuite. Two additional bedrooms and a full bathroom provide flexibility for family living. The finished lower level includes a separate side entrance, a generous recreation room, an extra bedroom, and a full bath - ideal for guests or extended family. Additional highlights include a main floor powder room, detached shed with legal front pad parking (approx $374.18 per year), central air conditioning, and built-in security and surround sound systems. Ideally located near Allenby Public School, Glenview Senior Public School, North Toronto Collegiate Institute, and a range of respected public and private schools. Just moments from the new Chaplin LRT and the vibrant Yonge & Eglinton corridor, with its array of shops, restaurants, cafes, and everyday conveniences close by. Get street permit parking for 2nd car if required.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,842.25/mo

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5-yr fixed avg.

Principal: $1,599,200Interest: $1,053,475
Mortgage Amount$1,599,200
Total Interest$1,053,475
Est. Property Tax$1,416/mo
Total Cost$2,652,675

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

31 Latimer Avenue, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,416
Insurance (est.)-$416
Net Cash Flow+$1,368

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 $1333/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 39 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.

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.

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 $8,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    31 Latimer Avenue | $1,999,000 | Battaglia Team