5290 Lawrence Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,197,700 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 60 x 181.16 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
*** Additional Listing Details - Click Brochure Link *** Great owner occupied or investment property with lots of potential to expand and build multi-units and a garden suite. Detached home on Lawrence Ave beside Port Union. Currently rented out for $3485/month, to a long term A+ tenant. Tenant will to stay on or, if buyer prefers, can have vacant possession. 3 min drive to Rouge hill GO and TTC at your doorstep. Large lot 60 x181 makes it suitable for expansion. Plans already drawn up and received permits for a 6 unit building if you are looking at this from an investment perspective. If you want to live, great home with a Finished basement, and separate entrance
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Pricing & Value Insights
Data-driven valuation for 5290 Lawrence Avenue E, Toronto E10, ON M1C 1R4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,197,700 in Toronto, the legal minimum down payment is $239,540 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,429 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,429 also applies, bringing the total estimated land transfer taxes to $40,858.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
