$709,900 - 40 Sylvan Valley Way Unit 508, Lawrence Park
Condo for Sale in Lawrence Park
New — Listed 2 days ago- MLS Number
- C13430568
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
WE FEEL A SPARK IN BEDFORD PARK Nestled on a quiet cul-de-sac, beside a private, picturesque ravine; complete with gardens, foot bridges, waterfall, and fish pond, and within Toronto's esteemed Bedford park community, awaits your next home. Whether your objective is an address with caché or the John Wanless school district, this rare offering is ideal for downsizers,growing families, and everyone in between. Friendly neighbours, top tier amenities, well-managed, pet-friendly, boutique building with all-inclusive maintenances fees, make this silver fox of a building a coveted match. Within the suite, you will find a quality renovation with new floors, an open concept kitchen (with additional storage), cordless blinds, and practical upgrades throughout. The main area provides ample space for living, working from home, or entertaining and also features a walk-out to a private, sheltered terrace. Both bedrooms are spacious and include sizeable closets, with the primary also featuring a walk-out to the quiet terrace, a walk-trough storage and pantry space, ensuite laundry, walk-in shower, and a one-floor layout. The cherry on this sundae is that it has rare side-by-side parking spaces! The perfect blend between sexy and dependable makes this unit our main squeeze. Indeed #508 in The Bedford Glen is an undisputed 10 out of 10.TOP 4 REASONS WE'RE SWOONING: Neighborhood: Located in luxy Bedford Park, in one of the most desirable school districts, this uptown pocket is close to the 401 and walkable to TTC, chic shops, restaurants, groceries, doctor's offices, and more. Layout: At 926 square feet, it's the perfect size for all your needs. With two bedroom, two full baths, one with a walk in shower and plenty of storage, we're full of surprises. The professionally re-worked and renovated kitchen adds openness to thespace as well as additional storage and display opportunities with frosted glass cupboards.
Estimate your monthly payments for this property
Estimated Payment
$3,642.15/mo
Includes CMHC insurance ($19,806)
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.
40 Sylvan Valley Way 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 $789/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.
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.
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.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,958 (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.