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. ***
3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $1,266 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 549 Lawrence Ave W
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished with Walk-Out, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished with Walk-Out · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
549 Lawrence Ave W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13492076$1,899,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 549 Lawrence Ave W 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
$9,329
/mo
based on the purchase price of $1,899,000
$379,800 cash
$1,519,200 financed
$1,279,565 total interest
Principal54%$1,519,200
Interest46%$1,279,565
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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 3–4 bed homes for sale in Toronto around $1.9M.
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 listings12,800Homes 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.
549 Lawrence Ave W is listed at $1,899,000 (MLS® C13492076). Summitly updates the price as soon as the MLS® record changes.
Is $1,899,000 a good price for 549 Lawrence Ave W?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 549 Lawrence Ave W changed?
No — 549 Lawrence Ave W is still listed at its original asking price of $1,899,000.
How many bedrooms and bathrooms does 549 Lawrence Ave W have?
549 Lawrence Ave W has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 549 Lawrence Ave W close to transit?
The nearest rapid-transit station is Lawrence West Station (Line 1), about 890 m (about a 11-minute walk) in a straight line. Glencairn Station is about 1.2 km (about a 15-minute walk), and Yorkdale Station is about 1.3 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 549 Lawrence Ave W?
About $9,329 a month — principal and interest on $1,899,000 with 20% down ($379,800), 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 549 Lawrence Ave W compare with other homes in Toronto?
Its asking price of $1,899,000 is about 126% above 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 549 Lawrence Ave W been sold before?
Summitly has no earlier MLS® sale or lease of 549 Lawrence Ave W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 549 Lawrence Ave W?
549 Lawrence Ave W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 549 Lawrence Ave W been on the market?
119 days — 549 Lawrence Ave W was listed on June 26, 2026.
What is the price per square foot of 549 Lawrence Ave W?
About $950 to $1,266 per square foot: the asking price of $1,899,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 549 Lawrence Ave W have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
