59 De Vere Gardens, Toronto C04

Price: $5,095,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C13430012

Sophisticated custom built home centrally located in one of Toronto's most coveted neighborhoods, the "Cricket Club". This luxurious home offers over 5,000 sq.ft. of living space on a premium 50' lot. This home blends timeless elegance with family friendly functionality. The main floor delivers expansive principal rooms, open concept kitchen and family room with custom built-ins, formal dining room with panelled walls, two fireplaces and hardwood throughout. The open-concept kitchen features a large centre island, Wolf and Thermadore appliances and walks out to deck for easy entertaining. This remarkable residence offers 5+1 spacious bedrooms, including a primary suite with a sitting area and fireplace. The fully finished lower level seamlessly extends your living space to a fully landscaped private garden oasis with a hot tub providing an ideal setting for hosting. In addition, thoughtfully designed for entertaining and relaxation offering an expansive recreation and games room, gym or nanny suite, full bath, custom bar, 3 sided gas fireplace and a custom wine cellar. This is an incredible opportunity to live in a quiet, prestigious pocket that offers incredible convenience. Close to top ranked schools, transit, restaurants, shopping and easy access to highways/airport.

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New Listing
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$5,095,000 - 59 De Vere Gardens, Lawrence Park

Detached for Sale in Lawrence Park

New — Listed 2 days ago
6Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C13430012
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Sophisticated custom built home centrally located in one of Toronto's most coveted neighborhoods, the "Cricket Club". This luxurious home offers over 5,000 sq.ft. of living space on a premium 50' lot. This home blends timeless elegance with family friendly functionality. The main floor delivers expansive principal rooms, open concept kitchen and family room with custom built-ins, formal dining room with panelled walls, two fireplaces and hardwood throughout. The open-concept kitchen features a large centre island, Wolf and Thermadore appliances and walks out to deck for easy entertaining. This remarkable residence offers 5+1 spacious bedrooms, including a primary suite with a sitting area and fireplace. The fully finished lower level seamlessly extends your living space to a fully landscaped private garden oasis with a hot tub providing an ideal setting for hosting. In addition, thoughtfully designed for entertaining and relaxation offering an expansive recreation and games room, gym or nanny suite, full bath, custom bar, 3 sided gas fireplace and a custom wine cellar. This is an incredible opportunity to live in a quiet, prestigious pocket that offers incredible convenience. Close to top ranked schools, transit, restaurants, shopping and easy access to highways/airport.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$22,536.90/mo

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5-yr fixed avg.

Principal: $4,076,000Interest: $2,685,071
Mortgage Amount$4,076,000
Total Interest$2,685,071
Est. Property Tax$3,609/mo
Total Cost$6,761,071

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: Lawrence Park / Bedford Park

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

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

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.

70
Walk Score
Varies
Price Range

59 De Vere Gardens, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$3,609
Insurance (est.)-$1,061
Net Cash Flow+$180

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

Premium Pricing

At $1456/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Lawrence Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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.

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    59 De Vere Gardens, Lawrence… — $5,095,000 | Battaglia Team