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Unit Block 5C, POTL 49, 424 Lawrence Heights Way, Englemount-Lawrence M6A 2M3

Price

$1,325,000

Bedrooms

5 Beds

Bathrooms

5 Baths

Size

2000-2500 sqft

Year Built

New

Property Type

House

Property Taxes

Not listed

Description

Assignment Opportunity: Rare-Find Brand New Legal 2 Units Townhouse In The Highly Sought-After New Lawrence Heights, An Exciting Master-Planned Community Built By Award-Winning Metropia! This Luxury Modern Townhouse Is Proud Of Its Exceptional Designer Finishes And Overlooks The Park! (Builder Charged $100K Premium For Park Location). Provides A Private Backyard And Single Car Garage In The Heart Of North Toronto. Offers 2641 Sq. Ft. Of Thoughtfully Designed Indoor Living Area, Including 636 Sq. Ft. In A Lower Level Secondary Suite Finished By The Builder. Main Unit Has 4 Spacious Bedrooms Plus A Large Den, 3.5 Baths, 2 Master Bedrooms With Own Ensuite Bath, Smooth Ceilings Throughout. The One-Bedroom Secondary Suite With Separate Entrance Is Very Bright With Big Windows, Has Its Own Kitchen And Laundry. Insulation Added Between Secondary Suite And Main Floor To Absorb Noise & Vibration.(Builder Charged $100K Premium For Building The Legal Secondary Suite). Live In One Unit And Rent Out The Other, Or Rent Out Both For Excellent Cash Flow! The Whole House Is Carpet Free, With Oak Staircase Throughout, Hardwood Floor For Main Unit and Laminate For Lower Unit, 9' Ceiling on Main Floor and 8' Ceiling For Other Floors. Both Kitchens Feature Quartz Countertops, Stainless Steel Appliances, Tile Backsplash And Other Upgrades. Walk To The World-Renowned Yorkdale Shopping Centre, Subway Station, Parks And Luxurious Amenities. Enjoy Quick Access To Go Transit, Hwy 401 & Allen Rd And The Future LRT. [Located In Block 5C, POTL 49. Firm Occupancy Date: 4/15/2026]

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,260 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,060,000

Total Interest Payments

$653,555

Total Payment (Principal + Interest)

$1,713,555

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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