Stunning, Spacious 2-Bedroom Suite with 2 Full Baths. This unit is perfect for buyers who value space, convenience, and low maintenance fees with all-inclusive utilities. Enjoy sleek laminate flooring throughout, a generously sized primary bedroom featuring a 4-piece ensuite, a dedicated dining room. Residents have access to exceptional amenities, including a fully equipped gym, indoor pool, billiards room, party room, and 24-hour concierge service. Ideally located just minutes from Kennedy Subway & GO Station, TTC transit, top-rated schools, parks, shopping, hospitals, Highway 401, and more. **A rare opportunity you don't want to miss!**
2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $443 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 #721
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
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
1 Storey/Apt
Property class
Condo Apartment
2550 Lawrence Ave E #721 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14114154$399,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2550 Lawrence Ave E #721 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
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.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $399K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,418Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 1 for rent at 2550 Lawrence Ave E — plus its sale and lease history.
2550 Lawrence Ave E #721 is listed at $399,000 (MLS® E14114154). Summitly updates the price as soon as the MLS® record changes.
Is $399,000 a good price for 2550 Lawrence Ave E #721?
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 #721 changed?
No — 2550 Lawrence Ave E #721 is still listed at its original asking price of $399,000.
How many bedrooms and bathrooms does 2550 Lawrence Ave E #721 have?
2550 Lawrence Ave E #721 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 #721 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 #721?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), 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 #721 compare with other homes in Toronto?
Its asking price of $399,000 is about 53% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 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 #721 been sold before?
Summitly has no earlier MLS® sale or lease of 2550 Lawrence Ave E #721 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2550 Lawrence Ave E #721?
2550 Lawrence Ave E #721 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2550 Lawrence Ave E #721 been on the market?
1 day — 2550 Lawrence Ave E #721 was listed on October 24, 2026.
What is the price per square foot of 2550 Lawrence Ave E #721?
About $399 to $443 per square foot: the asking price of $399,000 over the 900–999 sq ft the listing gives as its size range.
Does 2550 Lawrence Ave E #721 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
