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    1580-1608 Lancaster Drive & 1550 Grosvenor Street

    1580 Lancaster Drive Townhomes
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    98
    Condo Completion:
    1979
    Condo Demand:
    Low
    Unit Size Range:
    1,295 - 1,899 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 1580 Lancaster Drive Townhomes

    Receive listing updates for Old East York

    Amenities

    BBQ
    Indoor Parking
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1580-1608 Lancaster Drive1580 Lancaster Drive Townhomes

    Located at 1550 Grosvenor Street, 1580 Lancaster Drive Townhomes is a 2-storey condo containing 98 units. These Toronto condos were developed by and completed in 1979. Units start at 1295 square feet and can be as large as 1899 square feet. What makes a Old East York condo for sale most appealing is all that the neighbourhood has to offer.

    The Suites

    We’ve aggregated a number of stats at 1550 Grosvenor Street. Here are some highlights: In the past 12 months, 3 units have sold, and 4 have been rented. Meanwhile, property values here have decreased by 11.98%.

    Units at 1580 Lancaster Drive Townhomes have a low likelihood of receiving more than one offer, and on average they sell for -4.17% below the listed price. Suites here have an average cost per-square-foot of $597 based on sales over the past 12 months, and the median time a unit spends on the market is 46 days.

    The Neighbourhood

    Living here means you’re just a 8-minute walk from Swiss Chalet, Arbanasi Eatery & Deli and Bento Sushi, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at McDonald's, a quick 5-minute walk from 1580 Lancaster Drive Townhomes.

    Grocery shopping can feel like a chore — but not when Metro are just an easy 8-minute walk away.

    There are plenty of parks nearby to keep your family busy, including Sheridan Hill Park, Gainsborough Park and Golden Meadow Trail, which are less than 15 minutes away by foot.

    1580 Lancaster Drive Townhomes is a short drive away from Holy Family Catholic Elementary School and St. Marguerite d'Youville Catholic Elementary School, giving you plenty of choice for your child’s education.

    Transportation

    Transit users will need to trek a bit to Uptown Core Terminal, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 2004 Glenada Crescent, 1514-1558 Lancaster Drive and 1050 Grand Boulevard.

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    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    3/10
    Transit
    You'll get to know the one bus driver really well. Like, really well.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    6,343
    Average Individual Income
    $66,222
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $108,926
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    20%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    28%
    $60,000+
    17%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    35%
    High Rise Apartment
    32%
    Semi Detached
    16%
    Low Rise Apartment
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    6%
    Punjabi
    3%
    Urdu
    1%
    Tagalog
    1%
    Education
    High School
    31%
    College
    24%
    University and Above
    23%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Personal, Protective & Transportation Services
    7%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at 1580 Lancaster Drive Townhomes spend an average of
    46
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Old East York

    Turnover of Units

    On average, each unit is owned for
    24.7
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 9 condos in the Old East York area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    1580 Lancaster Drive Townhomes offers the
    ?
    best value out of 9 condos in the Old East York neighbourhood

    Appreciation Rank

    1580 Lancaster Drive Townhomes has the
    ?
    highest ROI out of 9 condos in the Old East York neighbourhood

    Rental Yield

    1580 Lancaster Drive Townhomes yields the
    ?
    highest rent prices out of 9 condos in the Old East York neighbourhood

    High Demand

    1580 Lancaster Drive Townhomes is the
    ?
    most popular building out of 9 condos in the Old East York neighbourhood

    Transaction Insights at 1580-1608 Lancaster Drive

    3 Bed3 Bed + Den
    Price Range$910,750 - $930,000$975,000
    Avg. Cost Per Sqft$640$588
    Avg. Wait for Unit Availability139 Days313 Days
    Ratio of Units in Building76%25%

    Unit Sales vs Inventory

    Total number of units listed and sold in Old East York