$549,000 - 650 Lawrence Avenue Unit 622, Lawrence Park
Condo for Sale in Lawrence Park
103 days on market- MLS Number
- C12852294
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 650 Lawrence Ave W, suite 622, a well-maintained, spacious 2+1-bedroom split-layout condo offering comfortable living space with unobstructed views, private balcony featuring custom tiles and the maintenance fees cover ALL utilities. Freshly painted and carpet-free, this bright unit features new lighting throughout, a new thermostat, and an updated HVAC system for year-round comfort. The functional layout includes a generous primary bedroom with a large fully customized walk-in closet, a second bedroom with its own custom closet system, and a rare in-unit enclosed custom built workspace/den, perfect for working from home or added organization creating an optimized living space. The galley kitchen is equipped with a brand-new over-the-stove microwave and plenty of cupboard space. Enjoy the convenience of owned parking and locker, along with all utilities included in the maintenance fees; heat, hydro, water, building maintenance and A/C. The quiet, well-managed community offers optional EV chargers and building improvements, including newly and beautifully renovated lobby and hallway. Unbeatable location: 3-minute walk to TTC Lawrence West Station, 1-minute drive to Allen Road, quick access to Highway 401, and just minutes to world class shopping at the Yorkdale Shopping Centre and Lawrence Allen Centre, with plazas, shopping, and groceries steps away. Only a 15-minute subway ride to downtown and only two stops away from the newly opened Line 5 Eglinton Crosstown. Only 21-minute transit ride to York University. This is an excellent opportunity for first-time buyers, downsizers, or investors seeking space, value, and exceptional connectivity in a prime Toronto location -schedule your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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.
650 Lawrence Avenue Unit 622, Lawrence Park / Bedford Park
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $686/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 103 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.