2550 Lawrence Ave E 309

FOR SALE
$500,000
2550 Lawrence Ave E 309, Scarborough
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
2550 Lawrence Ave E 309
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
E10429474
MLSID
Contact Us
Property Description
Scarborough Fair open concept 1 bedroom condo with solarium and Dan. Faces west so the view is bright and unobstructed.The solarium can be used as a perfect home office or small bedroom.24h concierge, pool, hot tub, sauna, gym, party room, kids playground, lots of visitor parking, close to TTC. Maintenance fee includes everything except cable and internet. **EXTRAS** $$$$$ Fresh Renovated unit. New kitchen, bathroom, laminate floor. Locker:UNIT4, LEVELB, METROTORONTOCONDOMINIUMPLANNO. 1039ANDITS APPURTENANTINTEREST.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-14 2023-05-30 77 $2,500 $2,400 Leased
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,388 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (P2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat11.81' x 19.03'Laminate, Combined W/Dining, W/O To Sunroom
DiningFlat19.03' x 11.81'Laminate, Combined W/Living, Breakfast Bar
BrFlat9.91' x 13.09'Laminate, Closet, Window
KitchenFlat6.00' x 7.55'Tile Floor, Open Concept, Modern Kitchen
SunroomFlat7.02' x 8.50'Bow Window, Laminate
DenFlat7.68' x 9.81'Laminate, Open Concept
Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 309 is a 1-bedroom 1-bathroom condo listed for sale at $500,000, which is $57,110 (10.3%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Central Home Realty Inc.
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