2740 Lawrence Ave E 1602
Bendale, Scarborough, M1P 2S7
FOR SALE
$1,100,000
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BEDROOMS4
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Property Description
Incredible assignment opportunity at a discounted price compared to developers current sale price in a sold out phase 1 of the community. Live and invest in a master planned community by one of Canada's most reputable developers. The incredibale modern town home by Madison Homes seats in a FABOLOUS LOCATION FOR ALL OF YOUR TRANSPORTATION NEEDS! You will be 5 MINUTE DRIVE FROM THE LAWRENCE EAST SUBWAY STATION. IN JUST 3 STOPS EAST FROM THE STATION, YOU WILL ARRIVE AT THE SCARBOROUGH CENTRE AND 1 STOP SOUTH FROM KENNEDY STATION, YOU CAN SEAMLESSLY TRANSFER ONTO THE BLOOR-DANFORTH LINE BRINGING YOU DIRECTLY INTO DOWNTOWN TORONTO!
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Extras
Get a bonus package of all stainless steel appliances valued at $20,000
Nearby Intersections
Midland & Lawrence (24)
Brimley & Lawrence (16)
Property Features
Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1500-2000
Acreage
< .50
Fronting
East
Basement
Full
Exterior
Brick Front, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Scarborough Market Statistics
Scarborough Price Trend
2740 Lawrence Ave E 1602 is a 4-bedroom 4-bathroom townhome listed for sale at $1,100,000, which is $400 (0.0%) lower than the average sold price of $1,100,400 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom townhome in Scarborough increased by $49,943 (4.8%) compared to the previous 30 day period (July 17 - August 15) and up $181,583 (19.8%) from the same time one year ago.Inventory Change
There were 72 4-bedroom townhomes listed in Scarborough over the last 30 days (August 16 - September 14), which is up 16.1% compared with the previous 30 day period (July 17 - August 15) and up 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom townhomes in Scarborough typically sold $21,120 (1.9%) above asking price over the last 30 days (August 16 - September 14), which represents a $18,638 decrease compared to the previous 30 day period (July 17 - August 15) and ($1,863) more 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 4-bedroom townhomes in Scarborough over the last 30 days (August 16 - September 14) stood at 27.8%, up from 19.4% over the previous 30 days (July 17 - August 15) and down from 31.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Scarborough stood at 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Starion Realty
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