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1550 Lancaster Drive
Listing History
Unit Highlights
Off Market Listing
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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%
Unit Sales vs Inventory
Total number of units listed and sold in Old East York
Price Trends
Building Trends At 1516 Lancaster Drive Townhomes
Days on Strata
Units at 1516 Lancaster Drive Townhomes spend an average of
27
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Old East York
Turnover of Units
On average, each unit is owned for
7.1
YEARS before being sold againProperty Value
-4%
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
8
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 Bed | 3 Bed + Den | |
|---|---|---|
| Price Range | $635,000 - $900,000 | $728,900 |
| Avg. Cost Per Sqft | $669 | $615 |
| Price Range | $3,300 - $3,500 | No Data |
| Avg. Wait for Unit Availability | 25 Days | 561 Days |
| Avg. Wait for Unit Availability | 200 Days | No Data |
| Ratio of Units in Building | 93% | 8% |
