549 Lawrence Avenue W
Lawrence, Toronto
$1,899,000
Bedrooms: 3
Bathrooms: 3
Living Area: 1,500 sqft
Price Per Sqft: $1,266.00
About this Detached
in Lawrence, Toronto
Attention professional end users, entrepreneurs and investors! Welcome to 549 Lawrence Ave W - an incredible live-work opportunity with immediate cash flow, and massive future redevelopment value. *Located on a high-visibility major road, this property provides an ideal live-work setting for professional offices or client-facing business, while still delivering the comfort and functionality of a well-maintained family home. *The bright, inviting, custom-designed 500 sq ft great room extension features 9-foot ceilings, expansive windows, and a walk out to a large deck overlooking a beautiful south-facing backyard. *Adding immense financial flexibility is the walk-out basement extension featuring a separate entrance, two generous bedrooms, full kitchen, open-concept living/dining area, and independent laundry. This suite is fully renovated in 2025, move-in ready for lucrative Airbnb short-term rentals, premium long-term leasing, multi-generational living, or growing family. *Beyond its immediate comfort and utility, this property, being situated within a rapidly intensifying transit-accessible corridor, holds exceptional long-term capital appreciation potential through land assembly. ** Don't miss this rare opportunity to own this versatile property. Book a private showing to explore its possibilities and unique value. *** Potential uses are for information only. Buyers should consult their own qualified professionals. ***
Listed by LANDPOWER REAL ESTATE LTD..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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