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MLS® listing

250 Lawrence Avenue W 701: condo apartment for sale

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$449,000

1 bedroom, 1 bathroom, Condo Apartment · Lawrence Park North · near Lawrence/Avenue

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From the listing brokerage

Discover this exceptional 2-year old luxury residence situated in the prestigious Lawrence and Avenue neighbourhood. This meticulously maintained suite offers a spacious and functional layout spanning 540 sq ft, including a private 49 sq ft balcony. Residents will enjoy serene, quiet living complemented by gorgeous. unobstructed views of the surrounding ravine. The interior is defined by premium luxury finishes, including soaring 9-foot ceilings and expansive floor-to-ceiling windows that invite abundant natural light. The gourmet kitchen features sleek quartz countertops and high-end contemporary detailing, flowing seamlessly into the modern living space and a designer bathroom. Steps from the TTC and a brief 5-minute transit ride to the Yonge & Lawrence subway station. Located within immediate proximity to the vibrant shops, premium groceries, cafes, and banking institutions along Avenue Road. Nestled in a picturesque setting surrounding by lush green parks and renowned top-tier schools.

Facts on the listing

Square feet0-499
Approximate age0-5
StyleApartment
BasementNone
Parking spaces0
GarageNone
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$391
Property tax$2,916
Tax year2026
LockerNone
PetsYes-with Restrictions
ExposureNorth
Fee includesCommon Elements Included, Building Insurance Included
Building amenitiesConcierge, Exercise Room, Party Room/Meeting Room, Rooftop Deck/Garden
BalconyOpen
LaundryIn-Suite Laundry
ParkingNone
Interior featuresCarpet Free
FeaturesClear View, Library, Park, Public Transit, Rec./Commun.Centre, School
ViewCity, Clear, Park/Greenbelt
Floor07

Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS® C13522976.

About this condo apartment

250 Lawrence Avenue W 701 is a 1 bedroom condo apartment in TRREB's Lawrence Park North community in Toronto, listed for sale at $449,000. The listing shows 1 bathroom and 0-499 square feet. The style is given as apartment. The unit faces north. The listing shows no parking space. The nearest main intersection given is Lawrence/Avenue. The age is listed as 0-5 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: concierge, exercise room, party room/meeting room and rooftop deck/garden.

What it costs to buy 250 Lawrence Avenue W 701

At the asking price of $449,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$449,000
Ontario land transfer tax$5,455
Toronto municipal land transfer tax$5,455
Both taxes$10,910
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$22,450

The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$391 a month
Property tax (2026)$2,916 a year, about $243 a month
Fee and tax togetherabout $634 a month

The listing says the maintenance fee includes common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $449,000, which is $101,000 below that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

About Lawrence Park

Two TRREB communities on either side of Lawrence station on Line 1, where detached houses made up 92 of 117 sales from April to June 2026. Medians were $1,922,500 in Lawrence Park North and $2,550,000 in Lawrence Park South (TRREB).

Transit: Line 1 at Lawrence station, with Eglinton station (Line 1 and Line 5) and Avenue station (Line 5) at the south edge. TTC buses 97 Yonge, 61 Avenue Rd North and 103 Mount Pleasant North

Property typeMedianSales and average
Lawrence Park North, all property typesMedian $1,922,50052 sales, average $2,094,787
Lawrence Park North, detachedAbout $2,091,00040 sales, average about $2,236,000
Lawrence Park North, semi-detachedAbout $1,700,00010 sales, average about $1,778,000
Lawrence Park North, condo apartmentNo price reported2 sales
Lawrence Park South, all property typesMedian $2,550,00065 sales, average $2,616,006
Lawrence Park South, detachedAbout $2,728,00052 sales, average about $2,889,000
Lawrence Park South, condo apartmentAbout $1,100,0009 sales, average about $1,296,000
Lawrence Park South, other typesNo price reported2 semi-detached, 1 freehold townhouse and 1 condo townhouse sale

Source: TRREB community housing market reports, as set out in the guide.

Questions about Lawrence Park

Is Lawrence Park a good place to live?

It depends on your budget and transit needs. From April to June 2026 the detached median was about $2,091,000 in Lawrence Park North and about $2,728,000 in Lawrence Park South (TRREB). Lawrence station on Line 1 is 12 stops from Union station and the area has several City ravine parks and a public library branch on Yonge Street.

What is the difference between Lawrence Park North and Lawrence Park South?

They are separate TRREB communities. From April to June 2026 the all property types median was $1,922,500 in the north and $2,550,000 in the south. In the 2021 Census 18.3% of dwellings in Lawrence Park South were in apartment buildings of five or more storeys, against 3.4% in Lawrence Park North.

Is Lawrence Park close to the subway?

Lawrence station on Line 1 is at 3101 Yonge Street. Eglinton station (Line 1 and Line 5) and Avenue station (Line 5) are at the south edge.

Are there condos in Lawrence Park?

A few. TRREB recorded 9 condo apartment sales in Lawrence Park South from April to June 2026 with a median of about $1,100,000. There were 2 in Lawrence Park North.

Is Lawrence Park a heritage conservation district?

The City of Toronto lists a Blythwood Road heritage conservation district, created in 2005. Whether a house falls inside it depends on the exact address, so check with the City before you buy or plan changes.

Read the Lawrence Park neighbourhood guide · All Lawrence Park homes for sale

Similar homes for sale in Lawrence Park

Questions about 250 Lawrence Avenue W 701

How much is land transfer tax on 250 Lawrence Avenue W 701?

At the asking price of $449,000 the Ontario tax is $5,455 and the Toronto tax is $5,455, $10,910 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 250 Lawrence Avenue W 701?

$22,450 at the asking price of $449,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 250 Lawrence Avenue W 701?

The listing shows $391 a month, including common elements and building insurance. Check the current fee in the status certificate.

How much is the property tax on 250 Lawrence Avenue W 701?

The listing shows $2,916 a year for 2026, about $243 a month.

Is 250 Lawrence Avenue W 701 priced above or below the median?

It is listed at $449,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $101,000 lower. The median covers all sizes and neighbourhoods.

How do I book a showing for 250 Lawrence Avenue W 701?

Use the form on this page or call us. Quote MLS® C13522976. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 250 Lawrence Avenue W 701 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

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