2550 Lawrence Avenue E
Building Details
Listing History for Scarborough Fair II Condos
Amenities
Maintenance Fees
About 2550 Lawrence Avenue E — Scarborough Fair II Condos
Anyone who’s seeking a Toronto condo for sale should definitely consider Scarborough Fair II Condos at 2550 Lawrence Avenue E. RMIC Building Corporation completed this building back in 1992, but unlike other buildings of that age, maintenance fees are actually higher than average at $0.75 per-square-foot. The building is 21 storeys tall and is home to 277 suites. Units start at 400 square feet on the low end, and can go up to 1499 square feet.
This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 78. Maintenance fees are $0.75 per-square-foot, which is higher than the neighbourhood average of $0.65 per-square-foot.
The Suites
The average cost per-square-foot for a unit at 2550 Lawrence Avenue E is $604, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.
Units at Scarborough Fair II Condos spend 32 days on the market on average and usually sell for -0.37% below the listing price. In the last 12 months, 4 units have rented, and 16 have sold.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Secret garden, Burger King and Amazing Shawarma Restaurant are all within 3 minutes walking distance from 2550 Lawrence Avenue E. Need caffeine to open your eyes in the morning? No worries, McDonald's, Tim Hortons and Starbucks have you covered...
Grocery pick-ups are made easy thanks to FreshCo, Yousef Super Market and K.B Import & Export West Indian Grocery Store within a 6-minute walk.
Planning for your future is easy with Scotiabank and BMO Bank of Montreal in the area.
Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Arsandco Park, Donwood Park and Kennedy - Lawrence Parkette are less than 15 minutes walking distance from 2550 Lawrence Avenue E.
Enhance your personal style while living in the Dorset Park - Scarborough neighbourhood by visiting STC and Midland Lawrence Plaza.
There are plenty of nearby school choices — Donwood Park Public School, Charles Gordon Senior Public School and Dorset Park Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including David and Mary Thomson Collegiate Institute, Bendale-Thomson (Lawrence-Midland) Secondary School and NextGen Math Academy.
Transportation
If you commute by public transit then the Dorset Park - Scarborough neighbourhood is a great choice, as you’ll find the Lawrence Ave East At Midland Ave West Side light transit stop makes it easy to get around. Transit riders will love living just 0 minutes from Lawrence East.
Curious about similar condos in the area? Check out 1470 Midland Avenue, 100 Prudential Drive and 301 Prudential Drive — all within walking distance.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Scarborough Fair II Condos
Days on Strata
List vs Selling Price
Or in other words, the
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 2550 Lawrence Avenue E
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $429,000 | $451,000 - $480,000 | $500,000 - $567,000 | $530,000 | No Data |
Avg. Cost Per Sqft | $720 | $673 | $573 | $573 | No Data |
Price Range | No Data | $2,500 | $2,800 - $2,950 | $2,800 | No Data |
Avg. Wait for Unit Availability | 533 Days | 129 Days | 36 Days | 415 Days | 911 Days |
Avg. Wait for Unit Availability | 366 Days | 315 Days | 272 Days | 541 Days | No Data |
Ratio of Units in Building | 8% | 15% | 67% | 11% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Dorset Park - Scarborough