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Listed 8 days ago

315 - 18 Wanless Avenue

Lawrence Park North, Toronto

$849,000

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

Tucked inside the prestigious Residences of Lawrence Park, this 2-bedroom, 2-bathroom home is the kind of suite that seldom comes to market. Across its 851 square feet, the kitchen opens directly onto a shared living and dining space - an easy, connected layout that lives larger than the footprint suggests. The primary bedroom is impressively sized and anchored by a walk in closet, and the balcony faces south, drawing in light and overlooking the quiet, leafy surroundings that give this pocket of the city its appeal. With a fresh coat of paint and brand-new laminate floors, there's nothing left to do but unpack. Reasonable maintenance fees include one underground parking spot and a locker, adding everyday convenience and real value. Adding to the appeal, the building's lobby is about to undergo a complete renovation and facelift, giving residents and guests a refreshed, elevated first impression. Wanless Park is around the corner, the subway and TTC are within easy reach, and the cafés, restaurants, and shops of Yonge & Lawrence are all close by. Note: furniture has been digitally staged.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$792
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,529
mls© NumberC13607682
Listed ByROYAL LEPAGE TERREQUITY REALTY
Heat Included
Water Included
Common Elements 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%
$4,346
Property tax
$294
Heat allowance
$150
Condo fees, half counted
$396
Housing costs
$5,185 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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