2550 Lawrence Ave E 205
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$589,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSE10423612
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Property Description
Sun-Drenched Upgraded 2+1 Bedroom, 2 Full Bath Unit! Floor to Ceiling Windows W/Unobstructed West Views. Large Open Concept Layout Seamlessly Connects the Living, Dining, And Kitchen. Oversized Primary Bedroom w/ Full Ensuite Bath, Closet w/ Built-Ins & Large Storage Rm . Tons of Upgrades Throughout: Newer Vinyl Floors Throughout (May 2023), Newer S/S LG Kitchen Appliances (May 2023),Kitchen Cabinets/Drawers (May 2023), Newer Quartz Countertops & Quartz Backsplash (May 2023). Brand New Vanities In Both Bathrooms (Oct 2024), Brand New Shower Tiles, Mirror and LED Light Fixture in Primary Bathroom (Oct 2024). Lots of Brand New LED Light Fixtures (Oct 2024). Very Well Managed Building w/ Low Maintenance Fees Which Includes Hydro, Water & Heat! Spa-Like Amenities Including 24Hour Concierge, Indoor Pool, Jacuzzi, Gym, Sauna, Rooftop Deck, Games & Rec Rm, Meeting Rm, Party Rm& Visitor Parking. Conveniently Located In Dorset Park. Walking Distance to Kennedy GO Station, Kennedy TTC Station
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-31 | 2024-11-14 | 14 | $499,900 | - | Terminated |
2023-06-02 | 2023-06-15 | 13 | $2,850 | $2,850 | Leased |
Extras
Hydro, Water, Heat & Central Included in Maintenance Fees. Status Certificate Available.
Nearby Intersections
Kennedy & Lawrence (16)
Midland & Lawrence (15)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,460 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (P2)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 10.50' x 28.67' | Combined W/Solarium, Vinyl Floor, Window Flr to Ceil |
Dining | Flat | 8.92' x 9.25' | Combined W/Living, Vinyl Floor, Led Lighting |
Prim Bdrm | Flat | 10.83' x 14.01' | 4 Pc Ensuite, Vinyl Floor, Closet |
2nd Br | Flat | 8.83' x 9.91' | Large Window, Vinyl Floor, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 205 is a 2-bedroom 2-bathroom condo listed for sale at $589,000, which is $170,027 (22.4%) lower than the average sold price of $759,027 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $3,740 (0.5%) compared to the previous 30 day period (October 3 - November 1) and down $62,725 (7.6%) from the same time one year ago.Inventory Change
There were 1,105 2-bedroom condos listed in Scarborough over the last 30 days (November 2 - December 1), which is down 11.4% compared with the previous 30 day period (October 3 - November 1) and down 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($17,740) (2.3%) below asking price over the last 30 days (November 2 - December 1), which represents a $696 increase compared to the previous 30 day period (October 3 - November 1) and ($20,535) 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 2-bedroom condos in Scarborough over the last 30 days (November 2 - December 1) stood at 48.5%, up from 42.7% over the previous 30 days (October 3 - November 1) and up from 35.0% 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 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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