$395,000 - 4062 Lawrence Avenue Unit 612, Rouge
Condo for Sale in Rouge
82 days on market- MLS Number
- E12902714
- Property Type
- Condo
- Status
- active
- Days on Site
- 82
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome To The Penthouse Suite At The Hyland! This Three Bedroom 1285 Sq/Ft Penthouse Has A South Facing Balcony That's Sundrenched All Day Long. Large Principle Rooms And One And A Half Baths Make For Family Sized Comfort. It Boasts A Remodeled Kitchen With Stone Counters, A Primary Walk-In Closet And Fresh Laminate Throughout. It Has A Roomy Ensuite Laundry With Storage And A Generous Linen Closet. New Furnace In 2025. Great Amenities Include An Indoor Pool And Workout Room That Have Been Updated Along With The Interior Of The Building. The Windows Have Also Been Replaced In the Last Several Years.
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Estimated Payment
$2,026.55/mo
Includes CMHC insurance ($11,021)
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 Rouge / Port Union / Malvern
Rouge / Port Union / Malvern 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 Rouge / Port Union / Malvern
- •Convenient location in Rouge / Port Union / Malvern
- •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
Rouge / Port Union / Malvern 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.
4062 Lawrence Avenue Unit 612, Rouge / Port Union / Malvern
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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 $329/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.
Negotiation Opportunity
At 82 days on site, this property has exceeded the typical selling timeline for Rouge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.