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New3 hours ago

724 - 650 Lawrence Avenue W

Englemount-Lawrence, Toronto

$525,000

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

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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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$687
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,520
mls© NumberC13794918
Listed ByCENTURY 21 REGAL REALTY 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.

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%
$2,687
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.

Down payment20% · $105,000
25-yr amortization

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 check

Investment Analysis

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

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