2550 Lawrence Ave E 916
Dorset Park, Scarborough, M1P 4Z3
FOR SALE
$525,900
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2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE9397426
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Property Description
Presenting A Remarkable 2-Bedroom, 2-Bathroom Condo That Offers A Perfect Blend Of Space, Comfort, And Natural Illumination. This Condo Is Designed To Maximize The Influx Of Natural Light, Creating A Vibrant And Welcoming Atmosphere Throughout The Day. The Open-Concept Living And Dining Area Provide Ample Space For Relaxation And Entertainment. The Pass-Through Window Seamlessly Connects The Functional Kitchen To The Dining Area, Making Serving Meals And Engaging With Guests An Effortless Experience. Both Bedrooms Are Generously Sized, With The Primary Bedroom Featuring A Private Ensuite Bathroom For Added Convenience. Steps To Public Transit, Shopping, Restaurants. Minutes To HWY 401/404.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-25 | 2024-08-19 | 25 | $2,950 | $2,950 | Leased |
| 2023-08-14 | 2023-08-15 | 1 | $2,750 | $2,850 | Leased |
Nearby Intersections
Kennedy & Lawrence (20)
Midland & Lawrence (19)
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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 Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.17' x 23.13' | Hardwood Floor, Open Concept, Combined W/Dining |
| Dining | Flat | 8.79' x 11.91' | Hardwood Floor, Pass Through, Open Concept |
| Kitchen | Flat | 6.43' x 8.37' | Ceramic Floor |
| Prim Bdrm | Flat | 9.88' x 14.37' | Hardwood Floor, 4 Pc Ensuite, Closet |
| 2nd Br | Flat | 8.92' x 9.78' | Hardwood Floor, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 916 is a 2-bedroom 2-bathroom condo listed for sale at $525,900, which is $249,158 (32.1%) lower than the average sold price of $775,058 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $456 (0.1%) compared to the previous 30 day period (August 18 - September 16) and down $20,599 (2.6%) from the same time one year ago.Inventory Change
There were 1,428 2-bedroom condos listed in Scarborough over the last 30 days (September 17 - October 16), which is up 8.7% compared with the previous 30 day period (August 18 - September 16) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($18,012) (2.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $1,036 decrease compared to the previous 30 day period (August 18 - September 16) and ($13,105) 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 (September 17 - October 16) stood at 34.5%, up from 31.6% over the previous 30 days (August 18 - September 16) and up from 33.1% 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 (September 17 - October 16), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Key2 Real Estate
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