2550 Lawrence Ave E 1107
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$489,000
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1 + 2
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSE9509071
MLSIDContact Us
Property Description
Beautifully maintained and elegantly spacious, this large 1+2 bedroom condo offers a full bath in a luxurycomplex. A living space converted into a functional bedroom. Enjoy breathtaking unobstructed southwestviews, featuring laminate flooring and a smart layout. Ample storage space makes it perfect for both living orinvestment. Newly installed kitchen quartz counter top & upgraded appliances.Conveniently located close to shopping, transit, schools, and with easy highway access. The building iswell-maintained with 24-hour security for peace of mind.
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Nearby Intersections
Kennedy & Lawrence (18)
Midland & Lawrence (19)
Property Features
Clear View, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,381 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.10' x 18.50' | Laminate, Combined W/Sunroom |
| Dining | Main | 6.76' x 10.01' | Laminate |
| Kitchen | Main | 7.32' x 7.74' | Ceramic Floor |
| Prim Bdrm | Main | 10.01' x 13.39' | Laminate |
| Sunroom | Main | 6.10' x 7.41' | Laminate, Window Flr to Ceil |
| Den | Main | 8.07' x 9.09' | Laminate |
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 1107 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $77,904 (13.7%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Scarborough over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 1-bedroom condos in Scarborough over the last 30 days (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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