5332 Lawrence Ave E
Centennial Scarborough, Scarborough, M1C 1R4
FOR SALE
$1,099,000
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Property Description
Opportunities like this don't come often! This rare 70 x 150ft lot offers endless possibilities for developers, builders, and investors looking to maximize value in a prime location. Whether you're envisioning a luxurious custom home, a multi-unit development, or a profitable investment, this expansive property provides the perfect canvas. Pending Ontario Land Tribunal this site may be permitted "as-of-right". For end users, this is your chance to build your dream home in an established community. Imagine designing a bespoke estate with spacious interiors, a breathtaking backyard oasis, and every luxury detail tailored to your taste. The extra-wide frontage allows for an impressive facade, while the deep lot ensures plenty of outdoor space for entertaining, gardening, or simply enjoying your private retreat. Whether you're an investor looking for high returns or a homeowner ready to create something extraordinary, this property is the perfect foundation for your future. Don't miss out on this exceptional opportunity!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
70' x 151'
Fronting
North
Taxes
$4,106 (2024)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Circular
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 14.11' x 14.07' | Laminate, Large Window, Combined W/Family |
Dining | Main | 9.06' x 8.07' | Laminate, Combined W/Kitchen |
Kitchen | Main | 9.45' x 11.22' | Laminate, Centre Island, Family Size Kitchen |
Br | Main | 8.17' x 11.22' | Laminate, Window, B/I Shelves |
2nd Br | Main | 11.22' x 9.06' | Laminate, Closet, Window |
3rd Br | Main | 10.01' x 8.14' | Laminate, Walk-Out |
4th Br | Bsmt | 10.01' x 11.25' | Broadloom, Closet, Window |
Rec | Bsmt | 11.22' x 22.15' | Broadloom, B/I Shelves, Open Concept |
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Scarborough Market Statistics
Scarborough Price Trend
5332 Lawrence Ave E is a 3-bedroom 2-bathroom home listed for sale at $1,099,000, which is $195,266 (15.1%) lower than the average sold price of $1,294,266 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $111,403 (9.4%) compared to the previous 30 day period (December 20 - January 18) and down $5,944 (0.5%) from the same time one year ago.Inventory Change
There were 684 3-bedroom homes listed in Scarborough over the last 30 days (January 19 - February 17), which is up 111.1% compared with the previous 30 day period (December 20 - January 18) and up 26.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $27,175 (2.1%) above asking price over the last 30 days (January 19 - February 17), which represents a $38,493 increase compared to the previous 30 day period (December 20 - January 18) and $31,158 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 3-bedroom homes in Scarborough over the last 30 days (January 19 - February 17) stood at 54.4%, down from 56.5% over the previous 30 days (December 20 - January 18) and down from 77.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 21 days when successfully sold over the last 30 days (January 19 - February 17), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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