$1,749,000 - 757 Lawrence Avenue, York
Multi-Family for Sale in York
38 days on market- MLS Number
- W13052458
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 38
- Bedrooms
- 8
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- York / Weston
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Fabulous triplex in a central location! Fully rented. Very well maintained. 2 - 3 bedroom suites (apartments 2 and 3) with balconies and 2 washrooms plus a lower level suite (apartment 1) is a 2 bedroom with 1 washroom. Apartments 2 and 3 are the same layout. Coin-operated washer and dryer in the laundry room in lower level. Tenants are long term - since 2010. New Roof 2025. Seller is willing to do a VTB with a qualified Buyer. This is a wonderful investment opportunity. Hardwood floors. Sun-filled. Steps to TTC, shopping, Columbus Centre and all conveniences. Proximity to Yorkdale shopping centre and Allen Road.
Estimate your monthly payments for this property
Estimated Payment
$7,736.42/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 York / Weston
York / Weston 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 York / Weston
- •Convenient location in York / Weston
- •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
York / Weston 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.
757 Lawrence Avenue, York / Weston
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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 $583/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.
Market Position
At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 8 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 York.
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.
Investment Perspective
Looking at this as an investment: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.