Toronto Real Estate
February 5th, 2012 
Ryan Roberts
Broker

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Lawrence Park History

The Lawrence Park subdivision was assembled in 1907 by the Dovercourt Land Building and Saving Company. The Dovercourt Land Company acquired the north parcel of Lawrence Park from John Lawrence, after whom this neighbourhood is named.

 Wilfred Servington Dinnick was the president of the Dovercourt Land Company. It was under Dinnick's direction that Lawrence Park was developed as a suburb for the 'well to do'.

The first advertisement for Lawrence Park trumpeted it as an 'aristocratic neighbourhood', 'four hundred feet above Lake Ontario', and 'Far from the Lake Winds in Winter'.

Despite all its fanfare, Lawrence Park's development was sporadic. The building of houses was interrupted by two world wars, a recession, and a depression. It wasn't until the 1950's that this neighbourhood was completely developed.

 

Excerpt from: Your Guide to Toronto Neighbourhoods, by David Dunkelman, Maple Tree Publishing, Inc.

Lawrence Park Neighbourhood Boundaries

Lawrence Park is border by Yonge street in the west, Lawrence Avenue West to the North, Bayview Avenue to the east, and Blythwood Ravine and Sherwood park to the south.

 

City of Toronto, Lawrence Park Neighbourhood House Values

Toronto' Lawrence Park Real Estate values for the year 2007:

Homes in the Lawrence Park area sold at an average price of $1,985,158. The most expensive home sold for $3,995,000; the lowest sale price was $782,500. There were a total of 59 sales in the Lawrence Park area, on average homes in the area were on the market for 26 days. 

Lawrence Park home sales for 2006:

Homes in Toronto's Lawrence Park area sold at an average price of $1,891,678. The most expensive home was sold for $4,500,000; the lowest sale price was $835,000. There were 74 sales in the area, on average homes in Lawrence Park were available for 26 days.

The homes in Toronto's Lawrence Park went up in value by 5% over this period of time.

Stats obtained from TREB

For more information about Toronto's Lawrence Park Real Estate please feel free to contact Ryan Roberts your Toronto real estate agent.

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