4064 Lawrence Avenue Unit 602, Toronto E10

Price: $299,000

4 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13110692

Spacious And Well Maintained 3+1 Bedroom Condo Apartment Located In A Highly Convenient Scarborough Community Near Lawrence Ave E. This Bright And Functional Unit Offers Generous Living Space Perfect For Families, First Time Buyers, Or Investors. The Versatile Den Can Be Used As A Fourth Bedroom, Home Office, Or Study Area. Enjoy A Large Open Concept Living And Dining Area Filled With Natural Light, Spacious Bedrooms, And A Practical Layout Designed For Comfortable Everyday Living. Ideally Situated Close To U of T Scarborough, Centennial College, St. Margaret's Public School, Galloway Road Public School, West Hill Park, Highland Creek Park, Eastview Park, And Scarborough Town Centre. Convenient Access To TTC Transit, GO Station, Shopping, Restaurants, Grocery Stores, Hospitals, And Major Highways Makes This An Excellent Location For Commuters And Families Alike. A Fantastic Opportunity To Own A Spacious Condo In A Prime Location With Incredible Value And Convenience.

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$299,000 - 4064 Lawrence Avenue Unit 602, Rouge

Condo for Sale in Rouge

4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13110692
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Rouge / Port Union / Malvern
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Spacious And Well Maintained 3+1 Bedroom Condo Apartment Located In A Highly Convenient Scarborough Community Near Lawrence Ave E. This Bright And Functional Unit Offers Generous Living Space Perfect For Families, First Time Buyers, Or Investors. The Versatile Den Can Be Used As A Fourth Bedroom, Home Office, Or Study Area. Enjoy A Large Open Concept Living And Dining Area Filled With Natural Light, Spacious Bedrooms, And A Practical Layout Designed For Comfortable Everyday Living. Ideally Situated Close To U of T Scarborough, Centennial College, St. Margaret's Public School, Galloway Road Public School, West Hill Park, Highland Creek Park, Eastview Park, And Scarborough Town Centre. Convenient Access To TTC Transit, GO Station, Shopping, Restaurants, Grocery Stores, Hospitals, And Major Highways Makes This An Excellent Location For Commuters And Families Alike. A Fantastic Opportunity To Own A Spacious Condo In A Prime Location With Incredible Value And Convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,534.02/mo

Includes CMHC insurance ($8,342)

$
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5%10%50%

5-yr fixed avg.

Principal: $269,100Interest: $182,765
Mortgage Amount$277,442
Total Interest$182,765
Est. Property Tax$212/mo
Total Cost$460,207

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: Rouge / Port Union / Malvern

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

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

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.

70
Walk Score
Varies
Price Range

4064 Lawrence Avenue Unit 602, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
9.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$2,236

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

Competitive Pricing

At $299/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.

Market Position

At 30 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.

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.

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 Rouge. Good resale value as demand remains consistent.

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.

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    MLS# E13110692 — 4064 Lawrence Avenue Unit 602… | Battaglia Team