[Recommendation]: Currently, all types of real estate, including townhouses, houses, and condominiums, in the entire Greater Toronto Area and small surrounding cities are rapidly rising in a competitive bidding format.
It is a well-known fact that once the prices of houses and townhouses are upgraded, as they have been, the prices of existing condos and condo pre-sales will also rise significantly, just like a few years ago.
Rather than buying existing real estate, which is uncertain and expensive due to the price explosion, we strongly recommend that you take advantage of the opportunity to purchase valuable and affordable condo pre-sales before their prices rise significantly, which can be predicted in advance.
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After a long time, in the heart of Toronto’s Midtown, particularly on the renowned Avenue Rd known for its education and tradition!!
In the midst of Lawrence/Avenue, which is the most prestigious traditional residential area in Toronto’s Midtown, the reputable “Graywood” has started the second phase platinum pre-sales for the “250 Lawrence” luxury Mid-Rise condos, aiming for occupancy in 2023.
Lawrence Park, the most sought-after area in Midtown Avenue Rd!!
With Douglas Greenbelt Green Space as the backdrop of Lawrence Park,
Just across Lawrence Ave from the condo, there are highly regarded schools in Toronto, such as Lawrence Park Collegiate Institute (public high school), Glenview Middle School (public middle school), and the renowned Havergal College (private elementary, middle, and high school).
This presents a great opportunity for families planning to enroll their children in these esteemed schools.
To the east, Lawrence subway station is within a 7-8 minute walk,
Making it very convenient for commuting to downtown Toronto universities,
And the North York area, where many Koreans reside, is also easily accessible with just 1-2 subway stops.
Ellen Rd, connecting to Highway 401, is very close, ensuring easy car access as well.
The surrounding parks and trail network are designed to provide convenience and enhance the quality of life.
Furthermore, the 10% interim payment until occupancy allows for a more flexible financial plan, including securing funds and making transfers.
Don’t miss this excellent opportunity to secure a high-quality condo unit that satisfies education, residence, and investment needs.
1.Location: Lawrence Ave W / Avenue Rd ( 250 Lawrence Ave W )
2.Developer: Graywood Development
3.Scale: 9 floors
4. Details (Condo, Townhome)
If you click on the link below, you can see each detailed floor plan.
250 Lawrence – View the brochure
250 Lawrence – View floor plans
5. Parking: $69,900 (Available for all units – 2 parking spaces can be purchased. Size of unit: 1,046 sq ft)
6. Locker: $5,000 (Underground), $7,000 (Same floor)
7. Occupancy: Scheduled for 2023.
8-1. Deposit and Interim Payments (for residents)
Deposit: $5,000
30 days after signing: 5% – $5,000 (Deposit)
200 days after signing: 5%
Upon occupancy: 10%
Upon registration: 80%
8-2. Deposit and Interim Payments (for foreigners)
Deposit: $5,000
30 days after signing: 10% – $5,000 (Deposit)
90 days after signing: 10%
270 days after signing: 10%
500 days after signing: 5%
Upon occupancy: 0
Upon registration: 65%
9. Platinum Incentive
Platinum discount of $10,000 for 1-bedroom units and $20,000 for 2-bedroom or larger units (the listed prices are the discounted prices)
Purchase of parking spaces available for all units
10% interim payment until occupancy
Rent allowed from occupancy to registration
Limited (Capped) Development Charge and Levy: $10,000 (1-bedroom and den or smaller), $15,000 (2-bedroom or larger)
Assignment fee: $1,000 + $950 legal fee
Responsible for providing pre-approval documents for the mortgage upon contract submission.
