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New2 hours ago

408 - 650 Lawrence Avenue W

Englemount-Lawrence, Toronto

$449,900

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome To 650 Lawrence Ave W #408 - A Spacious Executive Suite Located In The Well-Established, Tridel-Built Shermount Condominiums! This Bright Open Concept Suite Features 640 Sq Ft Of Functional And Thoughtful Living Space, Complete With 1 Bedroom, 1 Bathroom, Versatile Den Space, A Renovated Modern Kitchen With Stainless Steel Appliances And Large Breakfast Bar That Overlooks The Comfortable Dining / Living Room, Plus Your Own Private Balcony With Serene View Over The Well-Maintained Grounds. Unique Updated Layout To Access To Laundry Via Living Area To Maximize Kitchen Space. Enjoy Easy Living With Maintenance Fees That Include All Utilities (Excluding Internet/Cable). Includes Parking and Locker, And Access To Excellent Building Amenities Including Party Room, Recreation Room, And Visitor Parking. Just Steps To Lawrence West Subway Station, Flemington Park And Dell Park, Lawrence Allen Centre, Grocery Stores, Cafes, Restaurants, And Everyday Essentials, With Yorkdale Shopping Centre Only Minutes Away. Easy Access To Allen Road, Highway 401, And The TTC, Making Travel Throughout The City A Breeze. With Its Fantastic Walkability, Established Residential Surroundings, And Excellent Access To Shopping And Transit, This Location Offers The Perfect Balance Of Urban Convenience And Neighbourhood Charm. An Excellent Opportunity For First-Time Buyers, Young Professionals, Down Sizers, Or Investors Looking For Great Value In A Well-Connected Toronto Community! Note That Den Is Currently Configured As Extra Storage Space And Can Easily Be Converted Back To Den.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$560
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,087
mls© NumberC14141066
Listed ByPROPERTY.CA INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$2,303
Property tax
$174
Heat allowance
$150
Condo fees, half counted
$280
Housing costs
$2,906 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,980
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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