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Lawrence Park North, Toronto
$1,750,000
Beautifully Updated 3-Bedroom Detached Home in the Sought-After John Wanless School District!This home is ideally situated in one of Toronto's most desirable neighbourhoods, just steps from parks, shopping, restaurants, and convenient subway access.Featuring a spacious open-concept main floor, this move-in-ready home offers a custom kitchen, brand-new high-end German laminate flooring, smooth ceilings, pot lights, and a striking custom stone fireplace. The sun-filled rear sunroom provides the perfect space for a home office, den, or relaxing retreat, complete with a walkout to the private, fully fenced backyard featuring a patio and deck. Side-by-side double concrete parking pad added in 2021, secured by a solid wood privacy gate and fence with convenient laneway access, this could also double as private outdoor and entertaining space. Additional highlights include freshly painted, new carpeting throughout the upper and lower levels October 2026. Freshly painted deck. The finished basement adds valuable living space with its full bath. A new roof and waterproofing was completed in 2015.The property also offers potential for a laneway house, subject to municipal approvals. An exceptional opportunity to enjoy stylish, comfortable living in a prime Toronto location.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,957
- Property tax
- $691
- Heat allowance
- $150
- Housing costs
- $9,798 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$301,000
gross annual household income
- Payment at 4%
- $7,364 / mo
- Cash down
- $350,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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