Loading neighbourhood intel…
Loading neighbourhood intel…
$675,000
7 On The Park · 1461 Lawrence Avenue · Toronto · Ontario M6L 0A6
113 days on market
Grow your family into this 3-bedroom, 2-bathroom suite offers the perfect combination of size, style, and value. Boasting desirable northeast and west exposures, this bright and airy suite is bathed in natural light throughout the day and features stunning views from the large private balcony. The thoughtfully designed open-concept layout showcases quality finishes throughout, including a contemporary kitchen with quartz countertops, a stylish ceramic backsplash, stainless steel appliances, and…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $23KPrice reduction
MLS shows the seller reduced the asking price by $23,000 (from $698,000 to $675,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: REMAX YOUR COMMUNITY REALTY
Source: TRREB/PROPTX · MLS® W13513530
Do you own a home in Toronto?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.13/ft² × ~850 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $30,729 | $2,561/mo |
| Government & taxes | ||
| Property tax | $2,617 | $218/mo |
| Land transfer tax(closing) | $9,975 | $831/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $6,750 | $563/mo |
| Condo fees | ||
| Condo / HOA fees | $9,108 | $759/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $68,339 | $5,695/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.