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New2 hours ago

194 Lawrence Avenue E

Lawrence Park North, Toronto

$1,650,000

Detached|2-Storey
3 | 3 | 1
About this home

A Hidden Gem at Yonge & Lawrence - Timeless Character in an Exceptional Midtown Location Some homes are built to create character. Others simply have it. This distinctive detached home in the heart of Yonge & Lawrence is one of those rare properties where the craftsmanship of another era has been beautifully preserved. Magnificent original wood paneling, rich hardwood floors, substantial trim and millwork, built-in cabinetry, stained-glass accents and a striking fireplace surround create a warmth and authenticity that is increasingly difficult to find. The original woodwork gives this home a remarkable sense of architectural richness and permanence. Generous windows fill the rooms with natural light, complementing the warmth of the wood and creating an inviting atmosphere throughout. And then there is the location. Enjoy the best of both worlds: a peaceful, established residential neighborhood surrounded by mature trees and beautiful homes, while being just steps from the energy and convenience of Yonge Street. Walk to Wanless Park, shops, restaurants, cafes, grocery stores, banks and everyday services. TTC transit is nearby, making commuting and exploring the city convenient. Families will appreciate the area's outstanding selection of educational opportunities, with public, Catholic and private schools available throughout the surrounding Lawrence Park community, from elementary through high school. This is a rare combination: a detached character home, exceptional original craftsmanship, a mature family-oriented neighborhood, excellent access to schools and green space, and outstanding walkability and transit connectivity .**More than simply a house, this is a home with a story-one where original character has been preserved rather than erased. A wonderful opportunity to make it your own while enjoying the architectural details that make it truly special. A hidden gem in plain sight, in one of Toronto's most sought-after and convenient Midtown location

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,312
Lot Size28 ft x 100 ft
mls© NumberC13833130
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,445
Property tax
$609
Heat allowance
$150
Housing costs
$9,205 / mo

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

Down payment20% · $330,000
25-yr amortization

Income needed

$283,000

gross annual household income

Payment at 4%
$6,943 / mo
Cash down
$330,000

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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