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    32 - 1550 Grosvenor St

    For Sale1580 Lancaster Drive Townhomes
    $899,000
    3 Beds + 1
    4 Bath
    2 Parking
    1,200 - 1,399 SQFT
    4 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Townhouse
    Maintenance Fees:
    $170/mth
    Taxes:
    $3,470 (2024)
    Cost Per Sqft:
    $643 - $749/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    To Be Arranged
    Laundry:
    Lower
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Backsplash, Vinyl Floor, Built-in Dishwasher
    8.1 x 11.29ft
    Living
    Hardwood Floor, Walkout To Patio, Combined with Dining
    19.1 x 13.29ft
    Dining
    Hardwood Floor, O/Looks Backyard, Combined with Living
    9.09 x 15.49ft

    About this Listing

    Lovely 3+1 bedroom Semi-detached home in popular Falgarwood! Hardwood floors in Livingroom, Dining Room and primary bedroom, Luxury Vinyl floors in the kitchen and hallway. Plenty of natural light fills the main level offering a walk-out from the Living room to the patio and fenced yard with gate to open grassed area. The dining room (currently used as an office) is off the Kitchen and also overlooks the Livingroom. There is a also a 2-piece bathroom on the main floor. The second floor offers three bedrooms (two currently used as an office and sitting room) including a generous primary bedroom with plenty of room for a King-size bed, walk-in closet and 2-piece ensuite, linen cupboard and 4-piece bathroom completes the second floor. The basement is finished with a King-size bedroom, 3-piece bath, sitting area, laundry and furnace room. There is also plumbing for kitchenette if desired. Convenient location with easy access to the GO Station, Sheridan College, QEW and Highways 403 and 407. Walking distance to schools, shopping, ravines/trails and public transit and Iroquois Ridge Community Centre. Home is like a freehold home with just a small condo fee which covers snow clearance and lawn maintenance of public common areas, common elements, street lights.

    ipro realty ltd.MLS® #W11993052


    Amenities

    Indoor Parking
    Visitor Parking
    BBQs Allowed

    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 Listings

    Demographics

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

    Population
    6,488
    Average Individual Income
    $70,549
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $112,818
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    20%
    65+
    17%
    Household Income
    $0 - $30,000
    38%
    $30,000+
    27%
    $60,000+
    18%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    92%
    Other
    6%
    Punjabi
    2%
    Education
    High School
    30%
    University and Above
    24%
    College
    24%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Social Sciences
    12%
    Health & Related Fields
    9%
    Education
    7%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    2%

    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 Iroquois Ridge South

    Turnover of Units

    On average, each unit is owned for
    24.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    2nd
    Highest price per SQFT out of 8 condos in the Iroquois Ridge South area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    1580 Lancaster Drive Townhomes offers the
    ?
    best value out of 8 condos in the Iroquois Ridge South neighbourhood

    Appreciation Rank

    1580 Lancaster Drive Townhomes has the
    ?
    highest ROI out of 8 condos in the Iroquois Ridge South neighbourhood

    Rental Yield

    1580 Lancaster Drive Townhomes yields the
    ?
    highest rent prices out of 8 condos in the Iroquois Ridge South neighbourhood

    High Demand

    1580 Lancaster Drive Townhomes is the
    ?
    most popular building out of 8 condos in the Iroquois Ridge South 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 Availability140 Days260 Days
    Ratio of Units in Building73%28%

    Transactions vs Inventory

    Total number of units listed and sold in Iroquois Ridge South