$905,000 - 481 Rosewell Avenue Unit 506, Lawrence Park
Condo for Sale in Lawrence Park
39 days on market- MLS Number
- C13104978
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX EXPERTS
Welcome to Sunning, Luxury Boutique Penthouse with Breath taking Sunset View! This Gorgeous, Bright and Spacious 2 Bedroom and 2 Bathroom Corner Unit Features 10 Ft.Ceilings, Large Picture Windows, Unobstructed South-West and West Views and Dawn-to Dusk Sun! Enjoy Your Morning Coffee on the Cozy Balcony, Protected from the Wind by Side Walls and from the Sun by Awnings! Warm-Up During Cold Weather with ADDITIONAL PROFESSIONALLY INSTALLED HEATED FLOORING IN EACH ROOM! Custom-Made Build-In Closets Provide Lots of Storage Space to this Condo! Elegant Kitchen is Upgraded with Brand New S/S Appliances and Hand-Made Slab Bar Countertop. Sophisticated Light Fixtures Give a Special Charm to this Penthouse! In In-Suit Laundry Washer and Dryer were Replaced in 2025. One Parking and Locker Located Conveniently Right by the Entrance to the Elevator.This Condo Penthouse is Located in the Vibrant Community Surrounded by High -Ranked Public Schools (K-12), Lawrence Park Institute (Public School) and Havergal College (Private School) !Perfect Place for Various Recreational Activities, Trails for Nature Lovers, Safe for Kids, Enjoyable for Adults, as Boutique Shops, Restaurants, Banks, Places of Worship, PublicTransit, Hospitals and Highways are in Walking or Shot-Drive Distance !!!
Estimate your monthly payments for this property
Estimated Payment
$4,643.12/mo
Includes CMHC insurance ($25,250)
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.
481 Rosewell Avenue Unit 506, 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
Fair Market Value
At $1131/sqft, this property is priced in line with current Lawrence Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 39 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.
Efficient Living
At 800 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 $3,771 (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.