522 - 650 Lawrence Ave W
1 / 36
For SaleThe Shermount CondosEst Sell Timeframe 32 Days
$629,800
2 Beds
1 Bath
1 Parking
851 SQFT
17 Days on Strata
Listing History
Unit Highlights
Ownership Type:
Condo
Property Type:
Condo
Maintenance Fees:
$656/mth
Taxes:
$2,411 (2024)
Cost Per Sqft:
$740/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North
Possession Date:
30-90/TBA
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
19.49 x 10.5ft
Dining
14.4 x 7.84ft
Kitchen
Ceramic Floor, Breakfast Bar
8.3 x 7.68ft
About this Listing
851 sf with an unobstructed view. Well maintained spacious 2 bedroom split layout unit with no wasted space. The unit comes with an owned parking and locker. Walk In closet in primary bedroom. Conveniently located, just a 3 min walk to the Subway and 15mins subway ride to downtown or further uptown to York University. Steps To Lawrence Allen Ctr, Lawrence Plaza and gym. Yorkdale is nearby and direct turning lane to access the highway. Inclusive Maintenance fee with heat, hydro, water, AC. EV Chargers In the building. Building common spaces and some mechanics have recently been renovated.
right at home realtyMLS® #C11963461
Amenities
Games Room
Media Room
Concierge
Indoor Parking
Security System
Gym Room
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
8/10
Transit
Transit's there for you, like a loyal golden retriever.
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
6,554
Average Individual Income
$69,818
Average Household Size
3 persons
Average Age
46
Average Household Income
$109,118
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
48%
High Rise Apartment
18%
Low Rise Apartment
14%
Semi Detached
13%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
Other
67%
Cantonese
14%
Mandarin
12%
Tagalog
2%
Tamil
2%
Arabic
1%
Spanish
1%
Armenian
1%
Education
University and Above
30%
High School
26%
College
17%
None
17%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
29%
Architecture & Engineering
16%
Health & Related Fields
12%
Social Sciences
12%
Math & Computer Sciences
7%
Physical Sciences
6%
Personal, Protective & Transportation Services
3%
Humanities
3%
Education
3%
Visual & Performing Arts
2%
Price Trends
Maintenance Fees
The Shermount Condos vs The Englemount | Lawrence Area
Building Trends At The Shermount Condos
Days on Strata
Units at The Shermount Condos spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Englemount | Lawrence
Turnover of Units
On average, each unit is owned for
7.9
YEARS before being sold againProperty Value
4%
Increase in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 19 condos in the Englemount | Lawrence area
Sold Units
10
Units were Sold over the past twelve months
Rented Units
9
Units were Rented over the past twelve months
Best Value Rank
The Shermount Condos offers the best value out of 19 condos in the Englemount | Lawrence neighbourhood
?
Appreciation Rank
The Shermount Condos has the highest ROI out of 19 condos in the Englemount | Lawrence neighbourhood
?
Rental Yield
The Shermount Condos yields the highest rent prices out of 19 condos in the Englemount | Lawrence neighbourhood
?
High Demand
The Shermount Condos is the most popular building out of 19 condos in the Englemount | Lawrence neighbourhood
?
Transaction Insights at 650 Lawrence Avenue W
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | No Data | $450,900 - $553,500 | $520,000 - $607,000 | $672,000 | No Data | No Data | $965,000 |
| Avg. Cost Per Sqft | No Data | $801 | $763 | $624 | No Data | No Data | $731 |
| Price Range | $1,700 - $1,850 | $2,100 - $2,350 | $2,350 - $2,600 | $3,000 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 129 Days | 71 Days | 101 Days | 119 Days | 377 Days | 761 Days | 303 Days |
| Avg. Wait for Unit Availability | 172 Days | 149 Days | 231 Days | 250 Days | 628 Days | No Data | 452 Days |
| Ratio of Units in Building | 12% | 32% | 20% | 22% | 4% | 6% | 8% |
Transactions vs Inventory
Total number of units listed and sold in Englemount | Lawrence
