250 Lawrence Condos
250 Lawrence Condos is a new condo in Toronto developed by Graywood Developments currently in pre-construction at 250 Lawrence Avenue W, Toronto, ON.
About 250 Lawrence Condos
Coming this fall – 250 Lawrence Condos in Bedford Park
What sets 250 Lawrence Condos apart? It’s the tasteful blend of mid-rise contemporary architecture that complements the surrounding neighbourhood. 250 Lawrence Condos offers the best unobstructed views over the Douglas Greenbelt and the lush treetops of Havergal College and Lawrence Park Collegiate. Public transit and some of the city’s most esteemed schools are a short trip away from this unbeatable location. 250 Lawrence Condos is also surrounded by gourmet grocery shops, fantastic restaurants, and the inviting boutiques on Yonge. It’s all this and more.
250 Lawrence Condos Details
| Developer | Graywood Developments |
| Address | 250 Lawrence Avenue West |
| Neighbourhood | Bedford Park |
| Number of Storeys | 9 |
| Number of Units | 178 |
| Occupancy Date | Spring 2023 |
| Maintenance Fees | $0.50-0.62/Sq.ft per Month |
| Priced From | $600,000’s |
250 Lawrence Condos Location
250 Lawrence Condos is located at 250 Lawrence Avenue West near Avenue Road. At 250 Lawrence condos, find your home in a place that fosters a sense of belonging inside and outside the building the closely-knit community of Bedford Park. This is a building with a finely honed sensibility, a place that reflects both who you are, and how you want to live.
Transportation
250 Lawrence Condos provides residents with direct access to TTC bus routes with express and 24-hour routes that pass right by the front doors. In addition, Lawrence Subway Station is a short walk or drive from 250 Lawrence Condos, conveniently located at Yonge and Lawrence. Travel north and south on the Yonge-University line and reach the downtown core in no more than 30 minutes.
250 Lawrence Avenue West
Very Walkable
Nearby 250 Lawrence Condos
• Shoppers Drug Mart
• Starbucks
• Pusateri’s Fine Foods
• Lawrence Park
• Teddington Park
• CIBC
• RBC
• 12 Tables
250 Lawrence Condos Amenities
250 Lawrence Condos residents have available an amazing amenity program with exclusive indoor and outdoor resident-only amenity space featuring:
• Concierge
• Fitness Studio
• Co-working lounge
• Pet wash station
• Fireplace media and club lounge – an extension of your living room complete with a double-sided fireplace, entertaining kitchen, lounge seating and large screen TV, perfect for entertaining groups both big and small.
• 9th Floor Terrace is complete with BBQ’S, lounge spaces and an indoor/outdoor fireplace.
250 Lawrence Condos Features
250 Lawrence Condos are finished to in luxurious and tasteful materials that make every unit instantly feel like home.
General Suite Features and Finishes
• Approximately 9’ ceilings on Levels 2 – 9
• Approximately 15’ ceilings on Level 1
• White smooth ceilings
• Wide single luxury vinyl plank flooring throughout the suite, less Bathrooms and Laundry
• Thermally insulated energy efficient windows
• In-suite energy recovery ventilation system (ERV)
• Energy-efficient, individually controlled, in-suite heating/cooling system
• Front-load white washer and dryer and ceramic tile flooring in Laundry area
About the Developer
Founded in 1985, Graywood is a Toronto-based developer that provides a full range of real estate development and investment services, with a team that includes over forty professionals and support staff.
Graywood has developed over 28,500 housing units in several asset classes including residential lots, low-rise housing, mid- and high-rise condominiums, hotels and retirement residences.
250 Lawrence Condos Frequently Asked Questions
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
https://truecondos.com/tag/hst-rebates/
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.
