1461 Lawrence Ave W #1511, Toronto

Name: 1461 Lawrence Avenue W, Unit 1511
SKU: W13632282
Price: 398000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 1511 at 1461 Lawrence Avenue West

Exceptional opportunity for first-time buyers or investors! This bright and spacious 1-bedroom, 1-bathroom suite at 7 On The Park is located in a modern four-year-old building and is freshly painted throughout. Complete with a locker, this move-in-ready unit features a smart, open-concept layout, floor-to-ceiling windows with window coverings, and an oversized balcony. The stylish European-inspired kitchen offers stone countertops, a centre island with a built-in dining table, and contemporary finishes. Enjoy quality construction, modern design, and low-maintenance living. Conveniently located minutes from Highway 401, the Allen Expressway, the UP Express, TTC transit, Eglinton Crosstown LRT. Steps to the Toronto Public Library, Amesbury Park, LCBO, Walmart, Dining & more. Easy access to downtown Toronto, parks, shopping, and everyday amenities makes this an ideal home for young professionals, couples, or savvy investors. Ultra low maintenance fees at $0.79/sq.ft! Includes heat.

1 bedroom, 1 bathroom, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 1461 Lawrence Ave W #1511

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 0-499 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

1461 Lawrence Ave W #1511 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® W13632282−$31,000 (7.2%)$398,000
Aug 4, 2026For saleListedThis listingMLS® W13632282$429,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1461 Lawrence Ave W #1511 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,304Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1511 — 1461 Lawrence Avenue W 1 bd · 1 ba	$398,000asking	—	—	—
2067 Lake Shore Boulevard 2 bd · 2 ba · 900 sqft
5 Valhalla Inn Road 1 bd · 1 ba · 700 sqft
199 Richmond Street 1 bd · 1 ba · 500 sqft
23 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
88 Harbour Street 1 bd · 1 ba · 500 sqft
280 Simcoe Street 2 bd · 2 ba · 1,400 sqft

2067 Lake Shore Boulevard
2 bd · 2 ba · 900 sqft
5 Valhalla Inn Road
1 bd · 1 ba · 700 sqft
199 Richmond Street
1 bd · 1 ba · 500 sqft
23 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
88 Harbour Street
1 bd · 1 ba · 500 sqft
280 Simcoe Street
2 bd · 2 ba · 1,400 sqft

More in this building

4 for sale · 1 for rent at 1461 Lawrence Ave W — plus its sale and lease history.

See all of 1461 Lawrence Ave W

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Keelesdale StationLine 52.0 km25 min walk
Caledonia StationLine 52.1 km
Mount Dennis StationLine 5, Kitchener GO, UP Express2.3 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Keelesdale Station (Line 5)25 min walk
Caledonia Station (Line 5)2.1 km
Mount Dennis Station (Line 5, Kitchener GO, UP Express)2.3 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Keelesdale Station
2.0 km25 minClosest· Line 5
Homes near Keelesdale Station
Caledonia Station
2.1 km· Line 5
Homes near Caledonia Station
Mount Dennis Station
2.3 km· Line 5, Kitchener GO, UP Express
Homes near Mount Dennis Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 1461 Lawrence Ave W #1511. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1461 Lawrence Ave W #1511

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,955; 20% down · 25 years · 5.5% assumed
Property tax: $219; 0.66% mill rate · ON
Total per month: $2,174; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,955

/mo

based on the purchase price of $398,000

Down payment20%

$79,600 cash

Amortization25 yr

$318,400 financed

Rate5.50%

$268,176 total interest

Principal54%$318,400

Interest46%$268,176

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 1461 Lawrence Ave W #1511

How much is 1461 Lawrence Ave W #1511 listed for?

1461 Lawrence Ave W #1511 is listed at $398,000 (MLS® W13632282). Summitly updates the price as soon as the MLS® record changes.

Has the price of 1461 Lawrence Ave W #1511 changed?

Yes — it was first listed at $429,000 and is now $398,000, a drop of $31,000 (7.2%).

How many bedrooms and bathrooms does 1461 Lawrence Ave W #1511 have?

1461 Lawrence Ave W #1511 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.

Is 1461 Lawrence Ave W #1511 close to transit?

The nearest rapid-transit station is Keelesdale Station (Line 5), about 2.0 km (about a 25-minute walk) in a straight line. Caledonia Station is about 2.1 km, and Mount Dennis Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 1461 Lawrence Ave W #1511?

About $1,955 a month — principal and interest on $398,000 with 20% down ($79,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 1461 Lawrence Ave W #1511 compare with other homes in Toronto?

Its asking price of $398,000 is about 53% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 1461 Lawrence Ave W #1511 been sold before?

Summitly has no earlier MLS® sale or lease of 1461 Lawrence Ave W #1511 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 1461 Lawrence Ave W #1511?

1461 Lawrence Ave W #1511 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 1461 Lawrence Ave W #1511 been on the market?

80 days — 1461 Lawrence Ave W #1511 was listed on August 4, 2026.

What is the price per square foot of 1461 Lawrence Ave W #1511?

About $798 per square foot: the asking price of $398,000 over the 0–499 sq ft the listing gives.

Does 1461 Lawrence Ave W #1511 have parking or a garage?

Garage: Yes.

Does 1461 Lawrence Ave W #1511 have a basement, and is it finished?

The listing says 1461 Lawrence Ave W #1511 has no basement.

What you should know