| Heat Included | |
| Water Included | |
| Common Elements Included | |
| Building Insurance Included | |
| CAC Included |
New2 hours ago
605 - 250 Lawrence Avenue W
Lawrence Park North, Toronto
$498,000
Condo Apartment |
1 | 1 | 1 | 1
About this home
Welcome to this immaculate, brand-new, never-lived-in 1-bedroom suite in the highly sought-after Avenue Road and Lawrence neighbourhood! Enjoy the ultimate in modern living with breathtaking, unobstructed views overlooking a gorgeous ravine. Backing directly onto nature, this exceptional suite offers a peaceful and private setting right in the heart of the city. Featuring floor-to-ceiling windows that flood the space with natural light, this beautifully appointed suite offers a bright, airy feel throughout. The bedroom and private balcony both overlook the stunning ravine, providing the perfect backdrop to relax and unwind.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,549
- Property tax
- $245
- Heat allowance
- $150
- Condo fees, half counted
- $277
- Housing costs
- $3,221 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $99,600
25-yr amortization
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,096 / mo
- Cash down
- $99,600
Assumes no other monthly debts · 25-yr amortization
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