2550 Lawrence Ave E 907
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$489,800
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
ROOMSE8311850
MLSIDContact Us
Property Description
Rarely Offered Updated 1 Bedroom + 1 Den With Unobstructed West Facing Sunset Views. Laminate Throughout Living/Dining, Bedroom and Den. Quartz Counter Tops In Kitchen Along With Stainless Steel Appliances. This Bright and Gleaming 1+1 Offers A Very Functional Layout. Use The Space As It Is ... OR Personalize It ... Make Two Offices If You Need OR Make The Solarium Into a Small 2nd Bedroom With The Bonus Space As Your Office (*Space In Front of Quad Locker/Closet Presently Used For Yoga & Exercise) OR Get Really Handy and Remove "Locker/Closet Doors" To Enlarge Your Space For Office/2nd Bedroom. Amazing Floor Plan That Can Easily Get Reconfigured. Use Your Imagination And Make This Fabulous Condo Yours. Ensuite Locker/Closet Comes In Handy To Access All Your Seasonal Items. Please Note: Heat, Hydro, A/C, Building Insurance, Common Element Fees, Parking Are INCLUDED in Monthly Maintenance Fees.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-06-01 | 2020-06-07 | 6 | $449,900 | $435,000 | Sold |
Extras
Recent Updates: shower tile and toilet (2023).
Nearby Intersections
Kennedy & Lawrence (19)
Midland & Lawrence (16)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,286 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (1)
Garage Type
Underground
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 907 is a 1-bedroom 1-bathroom condo listed for sale at $489,800, which is $110,075 (18.3%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Scarborough over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Bayview Realty Inc.
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