$2,998,000 - 53 Castlewood Road, Lawrence Park
Detached for Sale in Lawrence Park
46 days on market- MLS Number
- C13065440
- Property Type
- Detached
- Status
- active
- Days on Site
- 46
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Client RemarksDesigned by acclaimed Architect Andrew Laszlo and expertly crafted by Silverado Custom Homes in 2020, this sophisticated residence at 53 Castlewood Road defines modern luxury in the heart of Allenby. This 2,200 + square foot home features 4 + 1 generous bedrooms and 4 impeccably designed bathrooms, showcasing a perfect harmony of architectural vision and superior build quality. Every detail reflects a commitment to excellence, from the precision millwork to the seamless integration of high-efficiency systems.The gourmet kitchen serves as a stunning centerpiece, featuring a massive centre island with sleek stone surfaces and comfortable counter seating for three. This culinary space includes a bright, open eat-in area overlooking and stepping down into a spacious family room. The rear of the home is anchored by dramatic floor-to-ceiling windows that flood the space with natural light and offer a seamless walk-out to a private back deck equipped with a natural gas BBQ hookup. This outdoor oasis is designed for effortless enjoyment, featuring high-quality turf for year-round greenery and dedicated children's play equipment.Boasting an impressive Walk Score of 88, this property offers an unbeatable urban lifestyle steps from the vibrant shops, cafes, and restaurants of Eglinton West and Avenue Road. With its proximity to prestigious schools and the LRT, this architecturally significant home presents a rare opportunity to own a nearly new, luxury masterpiece in one of Toronto's most coveted neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$13,261.17/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.
53 Castlewood Road, 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 $1499/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 46 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.
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 4 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 $12,492 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.