2109 Lawrence Ave W
Humber Heights, North York, M9N 1H7
FOR SALE
$949,500
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Property Description
Nestled in Toronto's desirable Humber Heights neighborhood, this detached bungalow sits on a 32 x 113 ft lot, offering 2 bedrooms, 1 bathroom, and front & back parking spots. Ideal for developers and investors, this property presents a prime missing middle housing development opportunity with CMHC funding eligibility. Whether you are looking to build affordable housing, multi-unit rentals, or an income-generating property, the lot size provides flexibility for your vision. The property has exceptional transit access. The 52 Lawrence West and 352 Blue Night buses connect directly to Lawrence West Station (Line 1), while Weston GO Station (Kitchener Line) provides seamless train commute. Quick access to Highway 401 ensures effortless travel across the GTA. AAA Tenant paying market value rent, willing to stay or provide vacant possession. Dont miss out on this rare opportunity to build, invest, and grow in one of Torontos evolving neighborhoods.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-31 | 2023-06-09 | 10 | $2,200 | $2,250 | Leased |
Nearby Intersections
Weston & 401 (50)
Weston & Lawrence (36)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
32' x 113'
Fronting
North
Taxes
$2,282 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Other
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North York Market Statistics
North York Price Trend
2109 Lawrence Ave W is a 2-bedroom 2-bathroom home listed for sale at $949,500, which is $171,485 (15.3%) lower than the average sold price of $1,120,985 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in North York increased by $58,129 (5.5%) compared to the previous 30 day period (December 22 - January 20) and up $73,510 (7.0%) from the same time one year ago.Inventory Change
There were 118 2-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 61.6% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold $34,443 (3.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $44,192 increase compared to the previous 30 day period (December 22 - January 20) and $30,021 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 50.0%, down from 50.7% over the previous 30 days (December 22 - January 20) and down from 61.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in North York stood at 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Metropolitan Commercial Realty Inc.
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