$2,795,000 - 68 Carmichael Avenue, Lawrence Park
Detached for Sale in Lawrence Park
61 days on market- MLS Number
- C13002382
- Property Type
- Detached
- Status
- active
- Days on Site
- 61
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Set on a premium 42.5 x 115 ft lot in the heart of Bedford Park, this well-maintained family home designed by Richard Wengle offers over 3,000 sq. ft. plus a fully finished basement, with one of the neighbourhood's most sought-after layouts.The main level is designed for real family living, featuring generous principal rooms and a sunken family room anchored by a gas fireplace - a cozy space to gather at the end of the day. The eat-in kitchen includes a huge centre island, built-in desk ideal for homework or daily organization, and excellent flow to the main living areas, making it perfect for busy mornings, family dinners, and easy entertaining. A spacious powder room completes the main floor. A second-floor hallway skylight draws natural light through the home, keeping the interior bright and welcoming throughout the day.Upstairs, four large bedrooms and three full bathrooms provide plenty of space for a growing family, including a spacious primary retreat with his-and-hers walk-in closets and an ensuite featuring a skylight and jacuzzi tub. The additional lower-level bedroom offers flexibility for guests, a nanny suite, or private home office. Five bathrooms in total ensure comfort and convenience for everyday family life.The backyard is ideal for active families, complete with a concrete sports pad and basketball net for hours of play, a large stone patio for relaxing and entertaining, and a new shed on a concrete pad for storage of outdoor furniture and sports equipment.Major updates include new windows, roof, furnace, and air conditioning (2019), mudroom renovation (2021), and new front walkway, steps, and retaining wall (2025). A built-in double car garage and wide lot add to the home's long-term functionality and value.Located in highly desirable Bedford Park, just steps to top-rated schools, parks, and the shops and restaurants along Avenue Road and Yonge Street, this is a home designed to grow with your family for years to come.
Estimate your monthly payments for this property
Estimated Payment
$12,363.23/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.
68 Carmichael Avenue, 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
Fair Market Value
At $932/sqft, this property is priced in line with current Lawrence Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 61 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.
Larger Home Realities
At 3,000 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 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 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.