MLS® listing
481 Rosewell Avenue 407: condo apartment for sale
$489,000
From the listing brokerage
Welcome to highly coveted Lawrence Park. This impeccably maintained 1-bedroom, 1-bathroom suite is located in the most desirable building within the complex- the only one featuring 24-hour concierge service and the closest access to the building's outstanding amenities. Bathed in natural light thanks to its west-facing exposure, the suite offers a bright open-concept living and dining space with a walkout to a private balcony. Enjoy the convenience of being just steps from Avenue Road's top restaurants, parks, and grocery stores. Complete with one parking space and a locker, this is an exceptional opportunity to live in one of Toronto's most sought-after neighbourhoods.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $678 |
| Property tax | $2,746 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Heat Included, Water Included, Building Insurance Included, Common Elements Included, Parking Included, CAC Included |
| Balcony | Open |
| Laundry | Ensuite |
| Interior features | Other |
| Floor | 4 |
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® C13838036.
About this condo apartment
481 Rosewell Avenue 407 is a 1 bedroom condo apartment in TRREB's Lawrence Park South community in Toronto, listed for sale at $489,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces west. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Avenue Road & Lawrence.
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.
What it costs to buy 481 Rosewell Avenue 407
At the asking price of $489,000, 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 | $489,000 |
|---|---|
| Ontario land transfer tax | $6,255 |
| Toronto municipal land transfer tax | $6,255 |
| Both taxes | $12,510 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $24,450 |
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 | $678 a month |
|---|---|
| Property tax (2026) | $2,746 a year, about $229 a month |
| Fee and tax together | about $907 a month |
The listing says the maintenance fee includes heat, water, building insurance, common elements, parking and cac. 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 $489,000, which is $61,000 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
- 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.
- 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".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but 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 type | Median | Sales and average |
|---|---|---|
| Lawrence Park North, all property types | Median $1,922,500 | 52 sales, average $2,094,787 |
| Lawrence Park North, detached | About $2,091,000 | 40 sales, average about $2,236,000 |
| Lawrence Park North, semi-detached | About $1,700,000 | 10 sales, average about $1,778,000 |
| Lawrence Park North, condo apartment | No price reported | 2 sales |
| Lawrence Park South, all property types | Median $2,550,000 | 65 sales, average $2,616,006 |
| Lawrence Park South, detached | About $2,728,000 | 52 sales, average about $2,889,000 |
| Lawrence Park South, condo apartment | About $1,100,000 | 9 sales, average about $1,296,000 |
| Lawrence Park South, other types | No price reported | 2 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
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Questions about 481 Rosewell Avenue 407
How much is land transfer tax on 481 Rosewell Avenue 407?
At the asking price of $489,000 the Ontario tax is $6,255 and the Toronto tax is $6,255, $12,510 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 481 Rosewell Avenue 407?
$24,450 at the asking price of $489,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 481 Rosewell Avenue 407?
The listing shows $678 a month, including heat, water, building insurance, common elements, parking and cac. Check the current fee in the status certificate.
How much is the property tax on 481 Rosewell Avenue 407?
The listing shows $2,746 a year for 2026, about $229 a month.
Is 481 Rosewell Avenue 407 priced above or below the median?
It is listed at $489,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $61,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 481 Rosewell Avenue 407?
Use the form on this page or call us. Quote MLS® C13838036. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 481 Rosewell Avenue 407 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.
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