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Listed 1 month ago

549 Lawrence Avenue W

Englemount-Lawrence, Toronto

$1,899,000

Detached|2-Storey
3 | 3 | 3
About this home

Welcome to 549 Lawrence Ave W - a rare opportunity to own a lovingly maintained, detached 2-storey home on a premium 50' x 96' lot in the highly sought-after Englemount-Lawrence community. Held with pride of ownership since 1987, this home seamlessly blends classic charm with a significant, modern extension in 2006. The above-grade extension adds nearly 500 sq. ft. of sophisticated living space with 9-foot ceilings, featuring a sun-filled great room with expansive picture windows, two oversized sliding doors, and walkout to a large deck overlooking a beautiful south facing backyard. The walk-out basement extension features a separate entrance, two generous bedrooms, full kitchen, open-concept living/dining, and independent laundry. This suite is fully renovated in 2025, move-in ready for multi-generational living or immediate high-yield rental income. The main residence offers a functional, elegant layout with family room overlooking landscaped front gardens, dining room, and updated kitchen with quartz counters, extensive cabinetry, and breakfast nook. Quality finishes abound, including California shutters and fresh, tasteful paint throughout. The exterior is a testament to quality, featuring beautiful landscaping, an interlocking paver driveway, and a fully fenced, low-maintenance backyard - a private setting for entertaining, relaxing, and creating lasting memories. Positioned in a prime location with easy access to Highway 401, Lawrence West & Lawrence subway stations, public transit, top schools, places of worship, and the prestigious Yorkdale Shopping Centre. Fronting on Lawrence Ave W and close to Lawrence West station, this property offers both immediate end-user appeal and long-term potential for future mid-rise development along the Lawrence corridor. *PRICED TO SELL* Come experience the comfort, thoughtful layout, and outdoor space of this beautiful family-oriented property you would be proud to call home. *YOU'VE GOT THE POWER TO OWN*

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,681
Lot Size50 ft x 96.17 ft
mls© NumberC13492076
Listed ByLANDPOWER REAL ESTATE LTD.

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%
$9,720
Property tax
$557
Heat allowance
$150
Housing costs
$10,427 / mo

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

Down payment20% · $379,800
25-yr amortization

Income needed

$321,000

gross annual household income

Payment at 4%
$7,991 / mo
Cash down
$379,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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