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    Toronto / Scarborough / Dorset Park - Scarborough

    516 - 2550 Lawrence Ave E

    For SaleScarborough Fair II Condos
    $534,900
    Price Cut: $539,900
    2 Beds + 1
    2 Bath
    1 Parking
    932 SQFT
    52 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $736/mth
    Taxes:
    $1,538 (2024)
    Cost Per Sqft:
    $574/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    60-90 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Open Concept, Large Window
    17.59 x 10.4ft
    Dining
    Laminate
    8.96 x 8.07ft
    Kitchen
    Ceramic Floor
    8.27 x 7.61ft

    About this Listing

    Amazing Spacious & Split 2 Bedrooms Plus Den w/ 2 Full Baths. This Meticulously Maintained Unit Is Perfect For Someone Values Space, Low Maintenance Fees & All Inclusive Utilities! Laminate Floors Throughout, Spacious Primary Bedroom W/ 4 Pc Ensuite, Dedicated Dinning Space, & Den w/ Sliding Doors. The Condo Offers Excellent Amenities: Gym, Billiard Room, Indoor Pool, Party Room, And 24-Hour Concierge. Prime Location Near Kennedy Subway Station, GO Station, TTC Stops, Schools, Parks, Shopping, Hospitals, Highway 401, And All Essential Amenities. Don't Miss This Exceptional Opportunity!

    ExtrasFridge, Dishwasher, Stove, Rangehood, Stacked Washer/Dryer, And Elfs. One Parking Included.

    t-one group realty inc.,MLS® #E9229939

    Amenities

    Rooftop Deck
    Rec Room
    Security System
    Gym Room
    Concierge
    Indoor Parking

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    15,486
    Average Individual Income
    $55,700
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $97,273
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    19%
    50 - 64
    20%
    65+
    16%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    27%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    33%
    Detached
    25%
    Semi Detached
    22%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    55%
    Cantonese
    12%
    Other
    12%
    Mandarin
    10%
    Tamil
    5%
    Tagalog
    3%
    Urdu
    2%
    Gujarati
    1%
    Education
    University and Above
    33%
    High School
    25%
    None
    17%
    College
    16%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Scarborough Fair II Condos vs The Dorset Park - Scarborough Area

    Building Trends At Scarborough Fair II Condos

    Days on Strata

    Units at Scarborough Fair II Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dorset Park - Scarborough

    Turnover of Units

    On average, each unit is owned for
    7.4
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 28 condos in the Dorset Park - Scarborough area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Scarborough Fair II Condos offers the
    ?
    best value out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Appreciation Rank

    Scarborough Fair II Condos has the
    ?
    highest ROI out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Rental Yield

    Scarborough Fair II Condos yields the
    ?
    highest rent prices out of 28 condos in the Dorset Park - Scarborough neighbourhood

    High Demand

    Scarborough Fair II Condos is the
    ?
    most popular building out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Transaction Insights at 2550 Lawrence Avenue E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$429,000$467,500 - $475,000$500,000 - $567,000No DataNo Data
    Avg. Cost Per Sqft$720$691$575No DataNo Data
    Avg. Wait for Unit Availability533 Days131 Days33 Days386 Days911 Days
    Ratio of Units in Building8%15%67%11%1%

    Transactions vs Inventory

    Total number of units listed and sold in Dorset Park - Scarborough