Maintenance Fees
Lawrence Avenue Condos vs The West Hill Area
505 - 4060 Lawrence Ave E
For SaleLawrence Avenue Condos
5.0
17 Days on Strata
$390,000
Price Cut: $400,000
Price Cut: $400,000
2 Beds
1 Bath
1 Parking
1,000 - 1,199 SQFT
Listing History
2025 - Mar 17
for sale$390,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$1,056/mth
Taxes:
$894 (2024)
Cost Per Sqft:
$325 - $390/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North
Possession Date:
45 days
About this Listing
Welcome to this beautifully maintained 2-bedroom condo in a vibrant, family-friendly neighborhood! Perfect for first-time buyers or investors, this bright and inviting unit offers a functional layout, generous storage throughout, and a full washroom designed for both comfort and convenience. Enjoy seamless urban living with easy access to Highway 401, the University of Toronto Scarborough campus, Centennial College, TTC transit, hospitals, grocery stores, and a variety of restaurants everything you need is just steps away!Move-in ready with tons of potential, this condo is an excellent opportunity to own in a well-connected community. Bonus: WiFi and cable are included in the maintenance fees! Don't miss out, schedule your viewing today!
ExtrasFridge, Stove, Washer, Dryer, Central Air conditioning, All electrical light fixtures - all furniture can be included upon request. Wifi and Cable Included.
forest hill real estate inc.MLS® #E12022207
Features
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Amenities
Indoor Parking
Sauna
Security System
Visitor Parking
Concierge
Indoor Pool
Party Room
Rec Room
BBQs Allowed
Gym Room
Room Dimensions
Living
Carpet, Window
16.08 x 12.57ft
Dining
Carpet, Window
9.22 x 7.28ft
Kitchen
Backsplash, Tile Floor
13.19 x 6.92ft
Buyer's Market
Balanced
Seller's Market
5.0
Building Spotlight
Similar Listings
Explore West Hill
Commute Calculator
6/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
6/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
7,010
Average Individual Income
$54,453
Average Household Size
3 persons
Average Age
42
Average Household Income
$104,757
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
48%
Semi Detached
17%
Duplex
14%
High Rise Apartment
11%
Low Rise Apartment
8%
Marital Status
Commute
Languages (Primary Language)
English
56%
Cantonese
12%
Other
12%
Mandarin
9%
Tamil
7%
Urdu
2%
Tagalog
1%
Hindi
1%
Education
High School
29%
University and Above
27%
None
20%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
19%
Health & Related Fields
12%
Social Sciences
12%
Math & Computer Sciences
8%
Physical Sciences
6%
Humanities
4%
Education
4%
Personal, Protective & Transportation Services
2%
Visual & Performing Arts
2%
Building Trends At Lawrence Avenue Condos
Days on Strata
Units at Lawrence Avenue Condos spend an average of
43
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in West Hill
Turnover of Units
On average, each unit is owned for
7.8
YEARS before being sold againProperty Value
17%
Increase in property value within the past twelve months
Price Ranking
17th
Highest price per SQFT out of 27 condos in the West Hill area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Lawrence Avenue Condos offers the best value out of 27 condos in the West Hill neighbourhood
?
Appreciation Rank
Lawrence Avenue Condos has the highest ROI out of 27 condos in the West Hill neighbourhood
?
Rental Yield
Lawrence Avenue Condos yields the highest rent prices out of 27 condos in the West Hill neighbourhood
?
High Demand
Lawrence Avenue Condos is the most popular building out of 27 condos in the West Hill neighbourhood
?
Market Insights
Transaction Insights at Lawrence Avenue Condos
| 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $342,500 - $400,000 | No Data | $370,000 - $490,000 | No Data |
| Avg. Cost Per Sqft | No Data | $348 | No Data | $346 | No Data |
| Price Range | No Data | No Data | No Data | $2,975 - $3,450 | No Data |
| Avg. Wait for Unit Availability | No Data | 45 Days | 256 Days | 34 Days | 80 Days |
| Avg. Wait for Unit Availability | 160 Days | 277 Days | No Data | 196 Days | 1373 Days |
| Ratio of Units in Building | 2% | 36% | 5% | 47% | 13% |
Market Inventory
Total number of units listed and sold in West Hill
