2550 Lawrence Ave 409

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2550 Lawrence Ave 409, Scarborough
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E3411181
MLSID
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Property Description
Very Spacious Unit With Solarium Which Could Be Used As A 2nd Bedroom. Amazingly Bright With Southwest Unobstructed View. Ensuite Laundry, 24 Hr Security Service, Ttc At Doorstep, Walk To Lrt, Shopping Schools, Short Distance To Hwy 401 And Dvp. A Must See! Unit Sold As Is.
Extras
Fridge, Stove, Washer, Dryer, B/I Dishwasher And All Elfs. Buyer Or Buyer's Agent To Verify All Taxes And Measurements.
Property Features
Hospital, Library, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,399 (2015)
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
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.43' x 19.06'Broadloom, Combined W/Dining, Open Concept
DiningFlat10.04' x 10.50'Broadloom, Combined W/Living, Open Concept
KitchenFlat7.58' x 6.89'Ceramic Floor, B/I Dishwasher, Modern Kitchen
MasterFlat10.47' x 13.29'Broadloom, Mirrored Closet, West View
SolariumFlat7.12' x 8.86'Broadloom, Sliding Doors, West View
Scarborough Market Statistics
Scarborough Price Trend
2550 Lawrence Ave 409 is a 1-bedroom 1-bathroom condo listed for sale at $195,000, which is $407,936 (67.7%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.
Inventory Change
There were 1,336 1-bedroom condos listed in Scarborough over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) 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 (March 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% 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 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 People`S Choice Realty Inc., Brokerage
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