2550 Lawrence Ave E 1405

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2550 Lawrence Ave E 1405, Scarborough
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
E4253013
MLSID
Contact Us
Property Description
Welcome To This Great Building In A Great Loction Presents Bright Updated,2Bdrms Unit With 2 Full Washrooms.Best Layout With Open And Inviting Concept Living And Dining Room.Building With 24 Hrs Security & Conceirge With Sauna ,Pool,Gym.Excercise,Party And Game Room
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-30 2023-09-20 21 $538,800 $530,000 Sold
Extras
Fridge,Stove,Washer,Dryer,All Electric Light Fixtures,All Windows Covering,Cac
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,250 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P3)
Garage Type
Undergrnd
Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave E 1405 is a 2-bedroom 2-bathroom condo listed for sale at $399,900, which is $404,700 (50.3%) lower than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.
Inventory Change
There were 1,466 2-bedroom condos listed in Scarborough over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% 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 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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