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    1550 Lancaster Drive

    Sold1516 Lancaster Drive Townhomes
    $XXX,XXX
    -
    -
    -
    Sold in 15 Days on Strata

    Listing History

    Unit Highlights

    Off Market Listing
    Free account required. or to see all the details.
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Amenities

    BBQ
    Indoor Parking
    Visitor Parking

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    6,343
    Average Individual Income
    $66,222
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $108,926
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    35%
    High Rise Apartment
    32%
    Semi Detached
    16%
    Low Rise Apartment
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    6%
    Punjabi
    3%
    Urdu
    1%
    Tagalog
    1%
    Education
    High School
    31%
    College
    24%
    University and Above
    23%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Personal, Protective & Transportation Services
    7%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at 1516 Lancaster Drive Townhomes spend an average of
    31
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the Old East York area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    1516 Lancaster Drive Townhomes offers the
    ?
    best value out of 9 condos in the Old East York neighbourhood

    Appreciation Rank

    1516 Lancaster Drive Townhomes has the
    ?
    highest ROI out of 9 condos in the Old East York neighbourhood

    Rental Yield

    1516 Lancaster Drive Townhomes yields the
    ?
    highest rent prices out of 9 condos in the Old East York neighbourhood

    High Demand

    1516 Lancaster Drive Townhomes is the
    ?
    most popular building out of 9 condos in the Old East York neighbourhood

    Transaction Insights at 1514-1558 Lancaster Drive

    3 Bed3 Bed + Den
    Price Range$635,000 - $900,000$728,900
    Avg. Cost Per Sqft$668$615
    Avg. Wait for Unit Availability25 Days561 Days
    Ratio of Units in Building93%8%

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