$695,000 - 650 Lawrence Avenue Unit 733, Lawrence Park
Condo for Sale in Lawrence Park
62 days on market- MLS Number
- C12996010
- Property Type
- Condo
- Status
- active
- Days on Site
- 62
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- STRATA REAL ESTATE
Welcome to The Shermount, a Tridel built condominium, where space, style, and everyday convenience come together in this rarely offered 1,012 sq ft, 2-bedroom corner unit. This thoughtfully upgraded suite features a fully renovated kitchen, roomy bedrooms, a private 10x12' terrace, with a rare personal EV-charger-equipped parking, making this condo a smart long-term choice for end-users.The renovated kitchen is the heart of the home, with modern cabinetry, updated finishes, and a layout that makes cooking and entertaining easy. The open-concept living and dining area has plenty of room for a full-size sofa, dining table, and even a small home office setup, so you do not have to compromise on how you live.Both bedrooms are generously sized, with good closet space and comfortable proportions, ideal for a small family, or a guest room plus office. The functional floor plan minimizes wasted space and provides a nice separation between the primary bedroom and the main living area for extra privacy. Location is a standout here: you are just steps to Lawrence West subway, making it easy to get downtown or across the city without the car. Everyday errands are simple with Yorkdale, Lawrence Square and Lawrence Plaza just minutes away plus quick access to the Allen Rd and 401.
Estimate your monthly payments for this property
Estimated Payment
$3,565.71/mo
Includes CMHC insurance ($19,391)
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 733, 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
Competitive Pricing
At $695/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 62 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.
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 $2,896 (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.