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    1507 - 2550 Lawrence Ave E

    $468,0001 bd1 ba1 pk700 - 799 sqft
    30 Days on Strata
    Est Sell Timeframe:
    10 Days
    $468,000
    1 Bed + 2
    1 Bath
    1 Parking
    700 - 799 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $560/mth

    Taxes:

    $1,381 (2024)

    Cost Per Sqft:

    $586 - $669/sqft

    Outdoor Space:

    None

    Locker:

    None

    Exposure:

    West

    Possession Date:

    30-60

    Laundry:

    Main

    Amenities

    Party Room
    Concierge
    Indoor Parking
    Sauna
    Indoor Pool
    Security System
    Gym
    Visitor Parking
    Rec Room
    Rooftop Deck

    About this Listing

    A Place to Call Home! Welcome To Scarborough Fair II at 2550 Lawrence Ave E. This sunkissed 1+Den + Solarium Unit is perfect if you're looking for your first home, downsize or investment property. As you walk into your new home, you will be greeted by a foyer that opens to the kitchen and washroom on each side. Large Galley Kitchen offers larger sized stainless steel appliances, lot of cabinets and an undermount double sink. The Kitchen also opens to a laundry closet which offers additional storage space. This condo offers a LARGE Living Dining area which allows for easy separation of the space and can be efficiently used to add a home office as well. The Living room also opens to a solarium that can be used as a flex room - a gym, office, 2nd bedroom etc. Additionally, the Unit offers a LARGE Den with a door that can also be used as a bedroom, office space OR for storage. Bedroom offers clear views and a long closet. Hydro, Heating And Water Included In The Maintenance fee- making this a very economical option. The property is in the heart of scarborough and is walking Distance To Grocery, Shops And Ttc and the Future Scarborough Subway Line.

    ExtrasFridge, Stove, Dishwasher, Washer And Dryer. All Elf's, All Window Coverings.

    homelife/gta realty inc.MLS® #E12026979

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Carpet, Combined with Solarium

    0 x 0ft

    Dining

    Carpet

    0 x 0ft

    Kitchen

    Stainless Steel Appliances

    0 x 0ft

    Primary

    Carpet, Closet

    0 x 0ft

    Den

    Carpet

    0 x 0ft

    Solarium

    Carpet

    0 x 0ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Dorset Park - Scarborough


    Commute Calculator

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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Mortgage Calculator


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,486
    Average Individual Income
    $55,700
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $97,273
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    19%
    50 - 64
    20%
    65+
    16%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    27%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    33%
    Detached
    25%
    Semi Detached
    22%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    55%
    Cantonese
    12%
    Other
    12%
    Mandarin
    10%
    Tamil
    5%
    Tagalog
    3%
    Urdu
    2%
    Gujarati
    1%
    Education
    University and Above
    33%
    High School
    25%
    None
    17%
    College
    16%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at Scarborough Fair II Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dorset Park - Scarborough

    Turnover of Units

    On average, each unit is owned for
    7.4
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 28 condos in the Dorset Park - Scarborough area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Scarborough Fair II Condos offers the
    ?
    best value out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Appreciation Rank

    Scarborough Fair II Condos has the
    ?
    highest ROI out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Rental Yield

    Scarborough Fair II Condos yields the
    ?
    highest rent prices out of 28 condos in the Dorset Park - Scarborough neighbourhood

    High Demand

    Scarborough Fair II Condos is the
    ?
    most popular building out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Market Insights

    Transaction Insights at Scarborough Fair II Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$451,000 - $480,000$507,000 - $560,000$524,200 - $530,000No Data
    Avg. Cost Per SqftNo Data$668$563$534No Data
    Avg. Wait for Unit Availability533 Days128 Days38 Days390 Days911 Days
    Ratio of Units in Building8%15%66%12%1%

    Market Inventory

    Total number of units listed and sold in Dorset Park - Scarborough


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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