2550 Lawrence Ave E 2204
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$524,999
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2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE8388326
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Property Description
This well-maintained condo with a split plan layout is a fantastic option for first-time buyers or downsizers! With its spacious bedrooms, full washrooms, and luxurious amenities like an indoor pool, sauna, games room, and library, it offers both convenience and comfort. The hardwood flooring and abundant natural light add to its appeal, while the perks of owned parking, exclusive locker, visitor parking, and round-the-clock concierge and security make it even more attractive. Its certainly a place worth considering for those seeking a convenient and comfortable living space!
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Nearby Intersections
Kennedy & Lawrence (22)
Midland & Lawrence (15)
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,472 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (P3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 34.78' x 74.80' | Hardwood Floor, Window Flr to Ceil |
| Dining | Flat | 8.27' x 8.17' | Hardwood Floor, Mirrored Walls |
| Kitchen | Flat | 7.51' x 8.17' | Ceramic Floor, Pot Lights |
| Prim Bdrm | Flat | 9.48' x 14.17' | Hardwood Floor, California Shutters |
| 2nd Br | Flat | 9.61' x 8.17' | Hardwood Floor, California Shutters |
| Foyer | Flat | 3.74' x 6.99' | Ceramic Floor |
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 2204 is a 2-bedroom 2-bathroom condo listed for sale at $524,999, which is $310,446 (37.2%) lower than the average sold price of $835,445 in the last 30 days (May 18 - June 16). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $4,555 (0.5%) compared to the previous 30 day period (April 18 - May 17) and down $15,164 (1.8%) from the same time one year ago.Inventory Change
There were 1,496 2-bedroom condos listed in Scarborough over the last 30 days (May 18 - June 16), which is down 13.1% compared with the previous 30 day period (April 18 - May 17) and up 12.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($14,343) (1.7%) below asking price over the last 30 days (May 18 - June 16), which represents a $238 increase compared to the previous 30 day period (April 18 - May 17) and ($514) 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 (May 18 - June 16) stood at 33.5%, down from 38.2% over the previous 30 days (April 18 - May 17) and down from 61.4% 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 22 days when successfully sold over the last 30 days (May 18 - June 16), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Community Realty Inc.
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