Unknown for 2550 Lawrence Ave #1507, Toronto Ontario M1P 4Z3
34 days on Market

2550 Lawrence Ave #1507, Toronto, Ontario M1P 4Z3

In the same building:
-
Condo
1 + 2
1
~700-799 sqft
$468,000
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Condo
1 + 2
1
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$627/sqft

Est. Mortgage$2,010/mo

Maintenance fees$560/mo

Tax Amount (2024)$1,381/yr

Days On Market34 days


Description

A Place to Call Home! Welcome To Scarborough Fair II at 2550 Lawrence Ave E. This sunkissed 1+Den + Solarium Unit is perfect if you're looking for your first home, downsize or investment property. As you walk into your new home, you will be greeted by a foyer that opens to the kitchen and washroom on each side. Large Galley Kitchen offers larger sized stainless steel appliances, lot of cabinets and an undermount double sink. The Kitchen also opens to a laundry closet which offers additional storage space. This condo offers a LARGE Living Dining area which allows for easy separation of the space and can be efficiently used to add a home office as well. The Living room also opens to a solarium that can be used as a flex room - a gym, office, 2nd bedroom etc. Additionally, the Unit offers a LARGE Den with a door that can also be used as a bedroom, office space OR for storage. Bedroom offers clear views and a long closet. Hydro, Heating And Water Included In The Maintenance fee- making this a very economical option. The property is in the heart of scarborough and is walking Distance To Grocery, Shops And Ttc and the Future Scarborough Subway Line.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE12026979
Community NameDorset Park
Data SourceTRREB
Listing byHOMELIFE/GTA REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Dining

0.0 x 0.0

Broadloom

Kitchen

0.0 x 0.0

Stainless Steel Appl

Primary

0.0 x 0.0

Broadloom / Closet

Den

0.0 x 0.0

Broadloom


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


14Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 18, 2025
ListedActive
$468,000
34 days on market
history photo preview27
Listing by trreb®
Property listed by HOMELIFE/GTA REALTY INC., Brokerage

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Market Data - Dorset Park

Geo Zone Map ThumbnailDorset Park

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

10 days

2023

19 days

2022

7 days

New Listings

Past 30 days

20 listings

Compared to

2024

22 listings

2023

12 listings

2022

25 listings

Units sold

Past 30 days

4 units

Compared to

2024

10 units

2023

10 units

2022

20 units

Median Sold Price

Past 30 days

$527,100

Compared to

2024

$561,500

2023

$503,750

2022

$652,500


Population and Demographics

Overview

Total population 21925
Average household income $101,145

Age (%)

20 to 34
22%
50 to 64
21%
0 to 19
21%
35 to 49
19%
65 and plus
17%

Household composition (%)

Single family
66%
Single person
26%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
48%
Tamil
9%
Tagalog (Pilipino, Filipino)
9%
Yue (Cantonese)
5%
Mandarin
5%
Arabic
4%
Urdu
3%
Bengali
3%
Gujarati
2%
Greek
1%
Dari
1%
Others
1%

House tenancy (%)

Owners
60%
Renters
40%

Schools and amenities

Estimated Budget