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MLS® E13839624For SaleCondominium

504-4060 Lawrence Ave

West Hill, Toronto, Ontario M1E 4V4

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504-4060 Lawrence Ave, Toronto, photo 1
Asking$369,000
Bedrooms
2
Bathrooms
1
Size
1,000–1,199sq ft
Per sq ft
$336at the range’s middle
Tax a year
$9902026 tax year
Parking
11 underground
Days on market
Members

The brief

About 504-4060 Lawrence Ave

504-4060 Lawrence Ave is a 2-bedroom, 1-bathroom condo in West Hill, Toronto, listed for sale at an asking price of $369,000 (MLS® E13839624).

*Welcome To 4060 Lawrence Ave E Suite 504 Located In The Heart Of Scarborough's West Hill Community *Spacious Two-Storey Layout With No Wasted Space *Bright And Open Concept Living And Dining Area Perfect For Entertaining *Functional Kitchen With Ample Cabinetry & Counter Space *Stainless Steel Kitchen Appliances *Generous Sized Bedrooms With Large Closets And Natural Light *Private Balcony Ideal For Relaxing Outdoors *Well-Maintained Building Featuring Great Amenities Including Indoor Pool, Gym, Sauna, And Visitor Parking *Convenient Location Steps To TTC Transit, Guildwood GO Station, U Of T Scarborough, Centennial College, Parks, Shopping, And Easy Access To Highway 401.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,181/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 15 homes with 2 bedrooms for lease in West Hill right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$990 / 2026
MLS® number
E13839624
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: RE/MAX CROSSROADS REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
2-Storey
Community
West Hill
Municipality
Toronto

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
2
Bathrooms
1
Bathroom Details
1 × 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Stainless Steel Appliances: Fridge, Stove, Dishwasher, And Microwave Hood Range. Washer & Dryer, All Elfs, Window Coverings.
Condo maint.
$1,215

Rooms

RoomSizeFeaturesLevel
Living3.81 × 5.85 mVinyl Floor, Combined W/Dining, W/O To BalconyMain
Dining2.28 × 2.74 mVinyl Floor, Combined W/Living, Open ConceptMain
Kitchen1.98 × 4.02 mVinyl Floor, Stainless Steel Appl, Modern KitchenMain
Primary2.98 × 4.6 mVinyl Floor, W/I ClosetLower
2nd Br2.95 × 3.98 mVinyl Floor, ClosetLower

Listing history

Buy/sell history for 504-4060 Lawrence Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$369,000N/APcE13839624

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $73,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$73,800
Total mortgage amount
$295,200
Total interest payment
$210,000
Total purchase cost
$579,000
Mortgage payment
$1,684/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

76%

Monthly carrying cost

$2,981
−$1,181per month
  • Rent $1,800
  • Shortfall $1,181

Rental income opens at $1,800, the median asking rent of 15 comparable homes for lease in West Hill. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,010
Toronto municipal land transfer tax
$4,010
Total land transfer tax
$8,020
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,010
Total for first-time buyers
$10
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $369,000
$1,785
Ontario total
$4,010

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,010.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 8 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 m1 water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 195,550 sq ft8 building permits issued within 250 m in the last 2 years8 open development applications within 250 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • 1 water-supply well recorded within 250 mIt was drilled for domestic use; 10 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.9 m.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 8 building permits issued within 250 m in the last 2 years250 m
  • 8 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Mapped parcel: about 195,550 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is DOW CANADA MATERIAL SCIENCES ULC — WEST HILL PLANT, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RAC (au67.0) (x78)

By-law

569-2013

Municipality

Toronto
Residential Apartment Commercial zone (RAC)
  1. 1 au67.0

    Lot area: at least u67.0 m² per dwelling unit.

  2. 2 x78

    Site-specific exception 78: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(78)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

4 building permits cleared at this address in the City’s file.

  • Garage Repair/ReconstructionRevocation Pending

    Repairs of parking garage walls including: .1 installation of supplemental steel reinforcing at cracked walls where accessible;.2 Localized structural crack injection at cracks that are not accessible for dowelling; and.3 Localized concrete repairs associated with crack repairs.Miscellaneous work under this contract includes:.1 Localized drain pipe replacement; and.2 Repainting work areas.

    Issued April 16, 2025

  • Fire AlarmPermit Issued

    Replacement of the fire alarm panel and all devices to remain the same.

    Issued December 10, 2024

  • Garage Repair/ReconstructionPermit Issued

    Waterproofing two sections of the parking garage roof slab

    Issued May 10, 2022

  • Garage Repair/ReconstructionInspection

    Parking garage repairs for townhouse complex (Phase 1) for 4060, 4062 and 4064 Lawrence

    Issued September 17, 2014

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 201 GALLOWAY RDSite planUnder Review

    REVISED PROPOSALSite Plan Application to allow a 13 storey residential building, comprised of 268 dwelling units and reduced parking rate and redistributed indoor and outdoor amenity space. Other design modifications have been provided. NOTE - two Committe of Adjustment applications to permit the above noted amendments to the proposed redevelopment approved on October 18, 2023 and August 13, 2025.


    100 m away

  • 201 GALLOWAY RDCondominiumUnder Review

    *** Draft Plan of Condominium for 268 units.


    100 m away

  • 199 GALLOWAY RDSite planUnder Review

    REVISED PROPOSALSite Plan Application to allow a 13 storey residential building, comprised of 268 dwelling units and reduced parking rate and redistributed indoor and outdoor amenity space. Other design modifications have been provided. NOTE - two Committe of Adjustment applications to permit the above noted amendments to the proposed redevelopment approved on October 18, 2023 and August 13, 2025.


    110 m away

  • 199 GALLOWAY RDCondominiumUnder Review

    *** Draft Plan of Condominium for 268 units.


    110 m away

  • 197 GALLOWAY RDSite planUnder Review

    REVISED PROPOSALSite Plan Application to allow a 13 storey residential building, comprised of 268 dwelling units and reduced parking rate and redistributed indoor and outdoor amenity space. Other design modifications have been provided. NOTE - two Committe of Adjustment applications to permit the above noted amendments to the proposed redevelopment approved on October 18, 2023 and August 13, 2025.


    130 m away

  • 197 GALLOWAY RDCondominiumUnder Review

    *** Draft Plan of Condominium for 268 units.


    130 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in West Hill right now

For sale now
22
Median asking price
$392K

Middle half: $307K to $452K

New in 7 days
3

9 in 28 days

Price cuts
14%

3 listings

This home is asking 6% below the median.

See all homes in West Hill

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Guildwood GOGO Transit train: Lakeshore East1.2 km
Eglinton GOGO Transit train: Lakeshore East4.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Galloway Road Public SchoolToronto DSBPublic · grades JK–8150 m75%Grade 6 average
St Margaret's Public SchoolToronto DSBPublic · grades JK–8200 m64%Grade 6 average
St Martin De Porres Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion850 m56%Grade 6 average
ÉÉC Saint-MichelConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–63.4 km89%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Maplewood High SchoolToronto DSBPublic · grades 9–12850 m—
West Hill Collegiate InstituteToronto DSBPublic · grades 9–121.2 km35%Grade 9 math
St John Paul II Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.7 km64%Grade 9 math
ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.6 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in West Hill are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson