This traditional Lawrence Park home on an ample 50′ foot lot offers abundant space for a growing family. The attractive centre-hall design with generously proportioned formal living and dining rooms allows for easy entertaining. The spacious renovated kitchen opens to a delightful sun-filled sitting room.

A sunken family room with a “Muskoka” style opens to the south deck. The private garden with a concrete pool ensures the new owners recreation and tranquility in the summer sun.

The current owners enjoy the easy access to downtown, highly regarded schools and the much-enjoyed stores, boutiques and restaurants on Mt Pleasant and Bayview.

Lawrence Park
Lawrence Park is one of Toronto’s most exclusive residential neighbourhoods. It is located in a very peaceful and safe setting that includes gently rolling hills, winding roads, and a lush blanket of mature trees.  The beautiful setting, and exceptional private and public schools, keeps Lawrence Park in high demand as an excellent place to raise a family.

Most of this neighbourhood’s recreational facilities centre around Lawrence Park, east of Yonge Street, and south of Lawrence.  This park has three clay surface tennis courts, a lawn bowling club, and the Alexander Muir Memorial Gardens, an award winning multi level strolling garden. This park also provides access to the Lawrence Park Ravine footpath that is popular with fitness and nature enthusiasts.

Shopping
Lawrence Park’s shops, schools, and recreational facilities are located on its periphery, keeping traffic on the residential streets to a minimum. There are three wonderful parks which make life very enjoyable for children.

Another thing that draws families to Lawrence Park is The Granite Club, which is located two minutes north on Bayview Avenue.  The Granite Club is a family, athletic, dining, and social club.  It offers a range of services and activities that are too numerous to mention, but include something for every member of the family, ranging from five-pin bowling to computer classes, and from ballet and dance classes to art and wine societies.

Offered at $1,595.000

This home has been sold.

For more information or to view this gracious Lawrence Park home email Rosalin Smith-Carr or call 416-482-8330 ext. 3519

This Lawrence Park home has been sold.

Lawrence Park Home on Ample 50 Foot Lot Offers Abundant Space for a Growing Family is a post from: Toronto Real Estate-Toronto Homes For Sale

Comparing home sales in Lawrence Park for the period January to October 2008 with the same period in 2007.
Last year there were 51 homes sold, versus 35 in 2008, a 35% drop, but the average sale price managed to climb 10% from $1,969,000 to $2,164,000.

The median sale price also climbed from $1,705,000 to $1,975,000, an increase of 16 percent.

The listing (asking) price as a percentage of the sale price saw a minor adjustment from 100 per cent to 99 per cent. However, it took 12 days less to sell a home in this neighbourhood.

Lawrence Park and Leaside continue to defy the trends from most other markets throughout Canada.

Lawrence Park – Average and Median Sale Price, Days on The Market

Please note that because of privacy laws in Ontario, we are not able to publish individual addresses or selling prices of sold homes. Such information can only be given to you individually.

To receive complete information and details on any home sold, send me an email, or call me Rosalin Smith-Carr, at my direct line (416) 482-8330 ext. 3519

Do you know the value of your home in today’s market? Click here to receive a complete Opinion of Value by email. No one will visit.

November 2008 – Lawrence Park Market Report and Average Sale Price is a post from: Toronto Real Estate-Toronto Homes For Sale

No, this is not a typo – a house in the Lawrence Park area in Toronto (*) just sold after being on the market since 1998!

I want to share with you the main lesson learned from this unfortunate experience, so that you won’t make the same mistake yourself.

The big question, of course, is why it took ten years to sell a home in the midst of the longest real estate boom in Canadian history. 

The answer, in a nutshell, is that the house wasn’t priced right. In fact, the owners went through a total of six real estate companies, listing their home 26 times on the Toronto MLS and changing their listed price a whopping 34 times!

Without a doubt, pricing your home correctly from the outset is of critical importance, especially in a softening real estate market such as the one we’re in now. The seller initially priced the house “ahead of the market”, and continued to do so throughout the ten-year period. Essentially, the listing price was above what buyers were willing to pay at any given time. 

Real estate agents cannot perform miracles, even during a boom. A house listed at 7-to-10 percent (or higher) above the true market value simply will not sell. Today’s buyers are market-savvy and can find out all the information they need to reach their own conclusions about a home’s value. 

This is always true in any real estate market, whether it be in a large city like Toronto, or in a small town like Wapakoneta, Ohio.

The moral of the story is to pay close attention to the mood of the market. Have your agent do her homework, prepare your home for maximum appeal and finally, DO price your home no higher than 2 to 3 percent of other comparable homes that have sold recently in your neighbourhood.

Or, like the unfortunate seller in Lawrence Park, you might be celebrating a ten-year anniversary, too!

(*) The photo shown above is not the home referred to in this article.

RELATED ARTICLES
Announcing the Death of For Sale by Owner

Lawrence Park Home Takes 10 Years to Sell is a post from: Toronto Real Estate-Toronto Homes For Sale

Cresford Developments has announced the construction of Stratford Residences, a new low-rise building on Bayview Avenue, at the site of former Salvation Army College, just south of Lawrence Avenue. The project will accommodate units ranging from 1,550 to 4,275 square feet. A mid-rise building with only seven suites and 17 detached homes will be released in the next few months.

J.F. Brennan Design/Build Inc and Gluckstein Design, two well-known companies, were selected to provide the new community with a classic Georgian-style appearance intended to blend with homes in the Lawrence Park neighbourhood.

One of the most attractive features of this new development is that residents will be able to enjoy the outdoors from balconies, patios and gardens with barbecue hook-ups.

“We’ve attracted some buyers from the other neighbouring buildings because they didn’t have the outdoor space that they were looking for,” said Ms. Athanasoulis, Cresford vice-president of sales and marketing. “You can’t barbecue at some of the other buildings.”

Amenities will include a gym, pool and party room with a fireplace, bar and kitchen. Residents will be able to avail of a guest suite, 18-hour valet service and 24-hour concierge. The developer says courtyard gardens will also be created on the grounds.

The area’s main attractions include the Granite Club, Sunnybrook Health Sciences Centre and York University’s Glendon Campus. Residents will have easy access to the many restaurants, gourmet stores, and antique stores on Bayview Avenue.

Occupancy is slated for fall, 2010.

New Low-Rise Condominium Going Up in Lawrence Park is a post from: Toronto Real Estate-Toronto Homes For Sale

92 Glengowan		105 Stratford		28 Glengowan		128 Buckingham

There are 25 homes available for sale in Lawrence Park. Inventory of homes for sale has increased since last year. This neighbourhood is shifting from a sellers to a buyers market. However, prices are holding strong.

Six homes sold in May 2008 at an average price of $ 2,872,333. The lowest sale price was $1,769,000 and the highest was $4,475,000. The average selling time was 23 days. In May 2007 there were Nine sales at an average price of $1,939,778. The lowest sale price was $1,225,000 and the highest was $3,250,000.

In May 2008 one home sold above the asking price while the other five sold below the asking price. I consider this to be an indicator of prices beginning to soften.

The number of buyers has dropped considerably as the 35 percent sales to listing ratio shows. This ratio is the number of homes sold as a percentage of the number of homes currently available for sale. Throughout 2007 this ratio stayed in the 80 to 90 percent range for most of the year.

The homes shown here are MLS listings by various broker companies, sales representatives and broker members of the Toronto Real Estate Board. For more information on any of these homes send us an email.

Lawrence Park Homes for Sale and Sold – June 2008 is a post from: Toronto Real Estate-Toronto Homes For Sale

Inventory of homes for sale in Lawrence Park remains fairly constant with fifteen homes for sale in early April. Prices range from mid nine hundred thousand dollars to over five million three hundred thousand.

280 St Leonards Avenue		105 Stratford Crescent		25 Sunnydene Crescent

The homes shown here are MLS listings by various broker companies, sales representatives and broker members of the Toronto Real Estate Board. For more information on any of these homes send us an email.

Lawrence Park Homes for Sale – April 2008 is a post from: Toronto Real Estate-Toronto Homes For Sale

Toronto Lawrence Park Homes

Average and Median Sale Price 

Field                       Average                 Median                  Low                        High

Sale Price              $1,902,817.00      $1,805,000.00     $685,000.00       $3,450,000.00

List Price               $1,916,417.00      $1,696,500.00      $695,000.00       $3,495,000.00

Taxes                      $11,100.00            $11,342.00             $4,127.00              $19,197.00

Days On Market   23                            14                              7                             73

Sales between from October 2007 to March 2008. Total of ten homes sold.

Lawrence Park Homes Average Sale Price is a post from: Toronto Real Estate-Toronto Homes For Sale

	What it Sold For in Lawrence Park
	Type	Style	Bedrooms	Washrooms	Date Sold	Sale Price
	Detached	3 Storey	5	4	March 2008	1,890,000

File photo

The photograph shown is of a home of similar type, style and number of bedrooms in LawrencePark. Privacy laws in Ontario prohibit the public distribution of sale prices of individual homes

This home is located on a prime street in Lawrence Park. Walking distance to TTC, Cheltenham Park and Toronto French school.

To receive more specific information on this or any other homes, click here

What it Sold for in Lawrence Park is a post from: Toronto Real Estate-Toronto Homes For Sale

223 Saint Leonards Avenue, Toronto, Ontario

Spring is coming and so is this Lawrence Park gardeners Paradise.

A delightful Lawrence Park home, built early 1990s. A true ‘Gardeners Paradise with generous south-facing rear gardens, this four bedroom home enjoys main floor family and powder rooms and a perfect home office. It has been meticulously cared for and much enjoyed by the same family, almost since it was built.

Come back to this site for full details and more photos in a few days – you wont want to miss this great opportunity to see this special Lawrence Park residence.

Offered for sale at $2,395,000.

This home has been sold. The selling price was very close to the asking price. Privacy laws in Ontario prohibit the public distribution of sale prices of individual homes.

To receive more information about similar homes becoming available, send us an email.

Lawrence Park Gardener's Paradise Home Coming Soon! is a post from: Toronto Real Estate-Toronto Homes For Sale

The following homes sold in the first half of March in Lawrence Park; 146 Dawlish, 202 Dawlish, 23 Glengowan, 142 Rochester, 138 Stratford, 120 Stratford, 42 Strathgowan. 

Lawrence-Park-Toronto

Sale prices below are shown in increasing number of bedrooms and do not match the address sequence of the homes shown above.  

Personal Information Protection and Electronic Documents Act, PIPEDA, prohibit the public distribution of sale prices of individual homes.

Lawrence Park Mid March 2008 Home Sales is a post from: Toronto Real Estate-Toronto Homes For Sale