2150 Lawrence Ave 509
Wexford-Maryvale, Scarborough, M1R 3A7
FOR SALE
$669,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE9247470
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Property Description
Beautiful 2-bedroom and 2-bathroom condo in a vibrant community at 509 - 2150 Lawrence Ave, Scarborough. This residence is ideally close to all essential amenities, including supermarkets, schools, parks, and restaurants. For those who rely on public transportation, the property is conveniently near the Kennedy GO Station and offers easy access to Hwy 401. Additionally, it's just a short drive to Scarborough Town Centre, Centennial College, and the University of Toronto, making it a prime location for both convenience and connectivity
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Nearby Intersections
Warden & Lawrence (26)
Property Features
Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$971 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
2150 Lawrence Ave 509 is a 2-bedroom 2-bathroom condo listed for sale at $669,000, which is $101,039 (13.1%) lower than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Scarborough over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Scarborough over the last 30 days (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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