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408 - 650 Lawrence Avenue W
Englemount-Lawrence, Toronto
$449,900
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $560 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,087 |
| mls© Number | C14141066 |
| Listed By | PROPERTY.CA INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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