Lawrence Park Toronto Apartments, Condos and Houses for Rent

Lawrence Park, the area stretching from Yonge to Bayview and the Blythwood Ravine to Lawrence Avenue East, is crowned Toronto’s wealthiest neighbourhood year after year. From its inception, this “garden suburb” has been home to some notable residents, including astronaut Roberta Bondar, Toronto mayor John Tory, and former MLB and Blue Jays president Paul Beeston. Lawrence Park is more than just glitz and glam. At its heart, it is a quiet, family-friendly area with an abundance of green space, ideal for pet lovers and sporty types. Don’t be daunted by the high sticker prices on the area’s mansions - Lawrence Park offers bountiful rental stock along Yonge Street and Lawrence Avenue in beautiful character low-rise apartments offering bachelor, one- and two-bedroom units at prices that may surprise you.

The market, at a glance:

Avg. rent by housing type & size

Studio/Bachelor: $N/A

1-bedroom: $N/A

2-bedroom: $2,400

3-bedroom: $N/A

Avg. rent compared to other Toronto neighbourhoods:

Lawrence Park is 36% higher than TO average

Lawrence Park Rental Market: Single-family, detached homes for rent dominate the area. These Lawrence Park houses for rent usually date back to the 1910s through 1940s, and can be found in the English Cottage, Tudor Revival, Georgian and Colonial styles. Given the number of houses and the high incomes in the area, it should come as no surprise that home ownership is the norm. New Lawrence Park condos for rent are replacing some of the older rental stock in the area, with more slated for development along Yonge. Some truly charming rentals can be found in the area, many of which are renovated and boast updated amenities such as dishwashers, in-suite laundry, and modernized kitchens and bathrooms. Some of these mid-rise Toronto apartments offer incredible views of the park for which the neighbourhood is named.

Lawrence Park is all about high-end Toronto family living. Residents tend to have top-notch jobs with hefty paychecks. Those paychecks allow locals to embrace the city’s finest shopping, dining and entertainment. While Lawrence Parkians have access to top-of-the-line everything, their families are what gives their lives meaning. They work hard to give their children excellent educations and a variety of cultural experiences, including international travel. At the same time, residents always leave moments for plain old family fun. Lawrence Park is the best of the best that money can buy – with a heart.

Lawrence Park contains a number of primary and secondary schools, as well as York University’s Glendon campus. There are several TTC options, including access to the Yonge-University subway line at Lawrence station. At Yonge Street and Lawrence Avenue, there are grocery stores and a branch of the Toronto Public Library. Shopping and dining options also abound on both Yonge and Lawrence. The south and west sides of Lawrence Park offer beautiful natural spaces, including a river, several parks and a ravine. Just outside the neighbourhood are the Rosedale Golf Club and famed sports and recreation centre, The Granite Club. Further afield is the Holland Bloorview Kids Rehabilitation Hospital. Don’t miss the stunning Alexander Muir Memorial Gardens at Yonge just north of Glengrove.

Who lives here: Lawrence Park is a haven for some of Toronto’s wealthiest and most accomplished residents. The area is filled with married couples and their children. In fact, the neighbourhood has 49% more children than the city average. You’ll be rubbing shoulders high-income families here, with most households pulling in nearly $140,000 on average according to statistics. Plenty of young professionals, couples, and seniors occupy the rentals along the neighbourhood’s main arteries.

Perfect for: Families with disposable income looking to settle down.

Not-so-perfect for: Those seeking a fast-paced urban lifestyle steps from their front door.