38 Delhi Avenue, Toronto C04

Price: $1,595,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: C12887612

Family home in the Sought-after Armour Heights/Cricket Club area - Amazing Entry into Coveted Exclusive Pocket on 40' wide lot! Located in a Top-rated school district with Armour Heights PS, Blessed Sacrament CS and Lawrence Park CI nearby.The Main Floor features a Bright, Sun-filled Open-concept layout with Wide Plank hardwood floors and stylish Designer finishes. The Modern Kitchen includes Stainless Steel appliances and beautiful Stone countertops. The Spacious Living room features a Stunning fireplace and Large Dining room features a Walk-Out to the Deck and Large, fully fenced backyard.The Primary Bedroom features a 3-piece Ensuite with heated floors and a Large Double Closet. All Bedrooms are generously sized and Fit Queen or King beds comfortably.The Finished Basement includes pot lights, a Great recreation room, and a Large laundry room with plenty of storage.This Home has an attached Garage and Private driveway. Triple A location; Just minutes to Highway 401 and Avenue Road Shops, with easy access to the Subway. Perfect for Families on a Quiet, Low-traffic street. Kids can enjoy playing at the nearby school yard and park, and it's a Short walk to the Cricket Club.Very friendly and fabulous Neighbourhood!!!!

38 Delhi Avenue - Detached photo 1 of 20 in Lawrence Park / Bedford Park, Ontario
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New Listing
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$1,595,000 - 38 Delhi Avenue, Lawrence Park

Detached for Sale in Lawrence Park

New — Listed 2 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
C12887612
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Family home in the Sought-after Armour Heights/Cricket Club area - Amazing Entry into Coveted Exclusive Pocket on 40' wide lot! Located in a Top-rated school district with Armour Heights PS, Blessed Sacrament CS and Lawrence Park CI nearby.The Main Floor features a Bright, Sun-filled Open-concept layout with Wide Plank hardwood floors and stylish Designer finishes. The Modern Kitchen includes Stainless Steel appliances and beautiful Stone countertops. The Spacious Living room features a Stunning fireplace and Large Dining room features a Walk-Out to the Deck and Large, fully fenced backyard.The Primary Bedroom features a 3-piece Ensuite with heated floors and a Large Double Closet. All Bedrooms are generously sized and Fit Queen or King beds comfortably.The Finished Basement includes pot lights, a Great recreation room, and a Large laundry room with plenty of storage.This Home has an attached Garage and Private driveway. Triple A location; Just minutes to Highway 401 and Avenue Road Shops, with easy access to the Subway. Perfect for Families on a Quiet, Low-traffic street. Kids can enjoy playing at the nearby school yard and park, and it's a Short walk to the Cricket Club.Very friendly and fabulous Neighbourhood!!!!

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Estimated Payment

$7,055.22/mo

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5-yr fixed avg.

Principal: $1,276,000Interest: $840,567
Mortgage Amount$1,276,000
Total Interest$840,567
Est. Property Tax$1,130/mo
Total Cost$2,116,567

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

38 Delhi 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)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,130
Insurance (est.)-$332
Net Cash Flow+$1,338

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1450/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.

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.

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.

Bathroom Count Matters

With 3 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 $6,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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