$3,495,000 - 471 Cranbrooke Avenue, Lawrence Park
Detached for Sale in Lawrence Park
56 days on market- MLS Number
- C13025146
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Timelessly Elegant Family Home Nestled In The Heart Of Bedford Park Features 4+1 Bedrooms Plus 5 Bathrooms And Luxurious Hardwood And Marble Throughout. Main Floor Boasts Grand Foyer And Main Hall Open To The 2nd Floor Above, Rich With Natural Light From A Sweeping Side Staircase Featuring Double-Height Wall Of Windows. Generously Sized Principle Rooms And Renovated Gourmet Kitchen With Breakfast Area Plus Walkout To The Rear Garden Wood Deck Are An Entertainer's Delight. Upper Level Features Sprawling Primary Retreat With Double-Door Entrance And Spacious Walk-In Closet Plus Lavish 7-Piece Ensuite, While 3 Additional Bedrooms Complete This Level Of The Home. The Lower Level Features A 5th Bedroom With Semi-Ensuite, Play Room, Oversized Rec Room Complete With Fireplace, And Ample Customized Storage Throughout - Perfect For An Active Household. An Intentionally Balanced Combination Of Traditional And Functional Design, This Beautifully Maintained Residence Is Also Conveniently Located Near Many Parks, Walking Trails, Public And Private Schools, Plus Easy Access To Hwy 401 For Commuting And Upscale Shops And Restaurants Of Avenue Road. The Pinnacle Of Luxurious Toronto Family Living!
Estimate your monthly payments for this property
Estimated Payment
$15,459.56/mo
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.
471 Cranbrooke Avenue, 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
Premium Pricing
At $1165/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.
Negotiation Opportunity
At 56 days on site, this property has exceeded the typical selling timeline for Lawrence Park. 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.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Lawrence Park.
Bathroom Count Matters
With 5 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.