2550 Lawrence Ave E #816, Toronto

Name: 2550 Lawrence Avenue E, Unit 816
SKU: E13732352
Price: 519000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 816 at 2550 Lawrence Avenue East

Welcome to this bright and inviting 2-bedroom, 2-bathroom corner unit offering over 930 sq. ft. of comfortable interior living space! With abundant natural light throughout, this well-maintained suite provides a practical layout that is ready to enjoy while offering plenty of opportunity to make it your own! Laminate flooring runs throughout the unit, creating a clean and cohesive feel from room to room. The spacious living and dining areas offer flexibility for everyday living, entertaining, or a work-from-home setup. Both bedrooms are generously sized, and two full bathrooms add convenience for couples, families, or shared living arrangements. One of the biggest benefits of being on the 8th Floor is the easy access to a large terrace-style balcony area located on the same floor, an ideal extension of your living space for fresh air and outdoor relaxation! During the winter months it will be a great way to get some fresh air without having to go downstairs! Underground parking is included, along with all utilities, helping simplify monthly budgeting. A great opportunity to own a bright, functional condo in Toronto with room to personalize to your style!

2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $577 per square foot, 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 2550 Lawrence Ave E #816

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 900-999 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

2550 Lawrence Ave E #816 Price & Sale History

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

Sep 1, 2026For saleListedThis listingMLS® E13732352$519,000

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

What's it worth?

How 2550 Lawrence Ave E #816 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

Excellent Deal· based on 15,688 recent sales

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: $845,000
Average sold price: $1,080,552
Average days on market: 32
Homes sold: 9,303

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,464Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.

Based on 9,303 sales from Jul 24 – Oct 22, 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 816 — 2550 Lawrence Avenue E 2 bd · 2 ba · 900 sqft	$519,000asking	$577	—	—
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
2A Church Street 2 bd · 2 ba · 700 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
2A Church Street
2 bd · 2 ba · 700 sqft

More in this building

4 for sale · 1 for rent at 2550 Lawrence Ave E — plus its sale and lease history.

See all of 2550 Lawrence Ave E

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

Kennedy StationLine 2, Line 5, Stouffville GO2.2 km
Ionview StationLine 52.3 km
Birchmount StationLine 52.5 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

Kennedy Station (Line 2, Line 5, Stouffville GO)2.2 km
Ionview Station (Line 5)2.3 km
Birchmount Station (Line 5)2.5 km

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

Kennedy Station
2.2 kmClosest· Line 2, Line 5, Stouffville GO
Homes near Kennedy Station
Ionview Station
2.3 km· Line 5
Homes near Ionview Station
Birchmount Station
2.5 km· Line 5
Homes near Birchmount 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 2550 Lawrence Ave E #816. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 2550 Lawrence Ave E #816

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

Mortgage: $2,550; 20% down · 25 years · 5.5% assumed
Property tax: $285; 0.66% mill rate · ON
Total per month: $2,835; 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

$2,550

/mo

based on the purchase price of $519,000

Down payment20%

$103,800 cash

Amortization25 yr

$415,200 financed

Rate5.50%

$349,707 total interest

Principal54%$415,200

Interest46%$349,707

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.

Book a tour of 2550 Lawrence Ave E #816 with a licensed buyer's agent

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Questions About 2550 Lawrence Ave E #816

How much is 2550 Lawrence Ave E #816 listed for?

2550 Lawrence Ave E #816 is listed at $519,000 (MLS® E13732352). Summitly updates the price as soon as the MLS® record changes.

Is $519,000 a good price for 2550 Lawrence Ave E #816?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 2550 Lawrence Ave E #816 changed?

No — 2550 Lawrence Ave E #816 is still listed at its original asking price of $519,000.

How many bedrooms and bathrooms does 2550 Lawrence Ave E #816 have?

2550 Lawrence Ave E #816 has 2 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Toronto.

Is 2550 Lawrence Ave E #816 close to transit?

The nearest rapid-transit station is Kennedy Station (Line 2, Line 5, Stouffville GO), about 2.2 km in a straight line. Ionview Station is about 2.3 km, and Birchmount Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 2550 Lawrence Ave E #816?

About $2,550 a month — principal and interest on $519,000 with 20% down ($103,800), 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 2550 Lawrence Ave E #816 compare with other homes in Toronto?

Its asking price of $519,000 is about 39% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 2550 Lawrence Ave E #816 been sold before?

Summitly has no earlier MLS® sale or lease of 2550 Lawrence Ave E #816 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 2550 Lawrence Ave E #816?

2550 Lawrence Ave E #816 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 2550 Lawrence Ave E #816 been on the market?

51 days — 2550 Lawrence Ave E #816 was listed on September 1, 2026.

What is the price per square foot of 2550 Lawrence Ave E #816?

About $520 to $577 per square foot: the asking price of $519,000 over the 900–999 sq ft the listing gives as its size range.

Does 2550 Lawrence Ave E #816 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know