2550 Lawrence Ave E 516
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$534,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSE9229939
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Property Description
Amazing Spacious & Split 2 Bedrooms Plus Den w/ 2 Full Baths. This Meticulously Maintained Unit Is Perfect For Someone Values Space, Low Maintenance Fees & All Inclusive Utilities! Laminate Floors Throughout, Spacious Primary Bedroom W/ 4 Pc Ensuite, Dedicated Dinning Space, & Den w/ Sliding Doors. The Condo Offers Excellent Amenities: Gym, Billiard Room, Indoor Pool, Party Room, And 24-Hour Concierge. Prime Location Near Kennedy Subway Station, GO Station, TTC Stops, Schools, Parks, Shopping, Hospitals, Highway 401, And All Essential Amenities. Don't Miss This Exceptional Opportunity!
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Extras
Fridge, Dishwasher, Stove, Rangehood, Stacked Washer/Dryer, And Elfs. One Parking Included.
Nearby Intersections
Kennedy & Lawrence (17)
Midland & Lawrence (24)
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,538 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Exclusive (L)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.40' x 17.59' | Laminate, Open Concept, Large Window |
| Dining | Flat | 8.07' x 8.96' | Laminate |
| Kitchen | Flat | 7.61' x 8.27' | Ceramic Floor |
| Prim Bdrm | Flat | 9.91' x 13.81' | 4 Pc Ensuite, His/Hers Closets, Large Window |
| 2nd Br | Flat | 9.22' x 9.91' | 4 Pc Bath, Large Window, Laminate |
| Den | Flat | 5.51' x 9.45' | Laminate, Separate Rm, Window |
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 516 is a 2-bedroom 2-bathroom condo listed for sale at $534,900, which is $235,139 (30.5%) lower than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Scarborough over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% 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 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with T-One Group Realty Inc.,
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