2550 Lawrence Ave E 1415
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$469,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Bright and spacious condo featuring spectacular south and southwest views of downtown Toronto. Enjoy green scenery from both the living room and bedroom. Ideally situated just minutes from Kennedy Subway and within close proximity to restaurants, shopping, grocery stores, parks, and playgrounds.
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Extras
Fridge, Stove, Washer & Dryer, Built in Dishwasher, All Existing light Fixtures and All Window Coverings
Nearby Intersections
Kennedy & Lawrence (14)
Midland & Lawrence (11)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,259 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.81' x 21.85' | Combined W/Dining, Open Concept |
| Dining | Flat | 9.84' x 21.85' | Combined W/Living, Open Concept |
| Kitchen | Flat | 7.25' x 7.81' | |
| Prim Bdrm | Flat | 9.48' x 15.12' | Laminate, Large Window |
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 1415 is a 1-bedroom 1-bathroom condo listed for sale at $469,000, which is $97,880 (17.3%) lower than the average sold price of $566,880 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $2,645 (0.5%) compared to the previous 30 day period (November 9 - December 8) and down $22,162 (3.8%) from the same time one year ago.Inventory Change
There were 554 1-bedroom condos listed in Scarborough over the last 30 days (December 9 - January 7), which is down 51.5% compared with the previous 30 day period (November 9 - December 8) and up 26.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($13,643) (2.4%) below asking price over the last 30 days (December 9 - January 7), which represents a $1,791 decrease compared to the previous 30 day period (November 9 - December 8) and ($16,133) more 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 (December 9 - January 7) stood at 67.5%, up from 45.8% over the previous 30 days (November 9 - December 8) and down from 68.1% 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 39 days when successfully sold over the last 30 days (December 9 - January 7), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ace Realty Inc.
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