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Listed 9 days ago

306 - 4062 Lawrence Avenue E

West Hill, Toronto

$350,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Space, Style & Savings All in One! Welcome to this beautifully maintained 2-storey condo offering an exceptional blend of comfort, convenience, and value in the heart of Scarborough. Featuring 3 generously sized bedrooms and 2 bathrooms, this spacious home is ideal for first time buyers, growing families, professionals, or savvy investors. Enjoy a bright and functional layout with plenty of living space and a private balcony, perfect for morning coffee or unwinding at the end of the day. HVAC updated in 2024 and is equipped with stainless steel appliances and ensuite washer and dryer. The building's recently renovated common areas offer a fresh and modern feel, while residents enjoy an impressive array of amenities including an indoor pool, fitness centre, sauna, party room, visitor parking and more. Best of all, the maintenance fees offer incredible value and include heat, air conditioning, water, cable TV, building insurance, parking and access to all amenities, with only hydro extra. Ideally located just minutes from Centennial College and the University of Toronto Scarborough, with easy access to public transit, GO Station, schools, supermarkets, shopping, Morningside Park, walking trails and everyday essentials. A spacious home, outstanding amenities and exceptional value. This is one you will not want to miss! *Photos have been virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,375
LockerEnsuite
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate, Underground
Property Tax$1,214
mls© NumberE13873732
Listed ByRE/MAX WEST REALTY INC.
Heat Included
Water Included
Common Elements Included
Parking Included
Cable TV Included
Building Insurance 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%
$1,791
Property tax
$101
Heat allowance
$150
Condo fees, half counted
$687
Housing costs
$2,730 / mo

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

Down payment20% · $70,000
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,473 / mo
Cash down
$70,000

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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