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724 - 650 Lawrence Avenue W
Englemount-Lawrence, Toronto
$525,000
Welcome to The Shermount, a well-maintained Tridel-built condominium offering space, comfort, and exceptional convenience. This bright and spacious 1 + Den suite features 802 sq. ft. functional open-concept layout, including an L-shaped living and dining area and a desirable split-bedroom/den design that maximizes privacy and minimizes wasted space. This unit offers generously sized rooms with ample closet space, making it ideal for small families, downsizers, or investors alike. Den is a separate room with a window, enclosed by the builder. Maintenance fees cover all utilities-heat, hydro, and water-providing excellent value and predictable monthly costs. Well maintained building with healthy reserve fund and no major expenses planed in the future. Located in a highly sought-after neighbourhood, you are just a 3 minute walk to Lawrence West Subway Station, with quick access to the Allen Road and Highways 401, 400, and 404. Enjoy being close to Yorkdale Shopping Centre, Lawrence Square, Lawrence Plaza, parks, restaurants, and all essential amenities along Lawrence Avenue and Bathurst Street. Whether you're entering the Toronto market, investing, or downsizing, this is a rare opportunity to own a spacious unit in a prime location. Parking spot next to the elevator. Fibre-optic internet (including Beanfield) available in the building. Don't miss your chance to make it your own.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $687 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,520 |
| mls© Number | C13794918 |
| Listed By | CENTURY 21 REGAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,687
- Property tax
- $210
- Heat allowance
- $150
- Condo fees, half counted
- $343
- Housing costs
- $3,390 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$104,000
gross annual household income
- Payment at 4%
- $2,209 / mo
- Cash down
- $105,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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