$4,999,000 - 514 Douglas Avenue, Lawrence Park
Detached for Sale in Lawrence Park
Popular Listing- MLS Number
- C13222358
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
This custom-built residence is the ultimate statement in modern luxury, offering 5,382 sq ft of total living space, with every detail designed for elegance & convenience. A rare, accessible elevation where you enter directly into the home & just a few steps down to the yard. Soaring 26.5 ft foyer set the tone for a home flooded with natural light & architectural drama. The main level boasts 11 ft ceilings, flowing seamlessly into a striking kitchen. Outfitted with dual islands, a pantry, custom solid wood cabinetry with full-size porcelain slab doors, quartz countertops, matching backsplash & top-tier Wolf & Sub-Zero appliances, it is a showstopper. An architectural staircase with laser-cut, no-joint metal stringers, 3" solid white oak risers & glass railings is a central design feature. The home includes an elevator, a lit-up custom glass wine & art display & 2 laundry rooms. The primary suite is a private retreat, complete with two walk-in closets & a spa-inspired ensuite featuring a soaker tub & a skylit shower. A stunning mezzanine office (or den) overlooks the main floor, creating a dramatic, yet functional workspace. All Bedrooms have their own ensuite bathrooms. The lower level is well thought out, with over 9 ft ceilings, radiant heated floors, a bar, custom built-ins, a rec room with walkout to the yard, 2nd laundry room, gym, a powder room & a guest bedroom with an ensuite bath. The heated tile floors in the foyer & primary ensuite, professional landscaping, 11 skylights, 3 fireplaces, smart home system with features allowing you to monitor & manage the home even if you are halfway across the world, state-of-the-art alarm system, heated driveway, generator & a 2-car garage with EV charger round out the homes extensive list of luxuries.Set on a rare 50 ft lot, with professional landscaping (& room for a pool) this 4+1 bed, 7 bath home has architectural details at every turn, showcasing the perfect blend of modern innovation, sleek design & everyday comfort
Estimate your monthly payments for this property
Estimated Payment
$22,112.26/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.
514 Douglas 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 $1428/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.
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 3,500 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 6 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 7 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.
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 $20,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.