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    Lambton Square

    250 Scarlett Road & 260 Scarlett Road & 240 Scarlett Road

    6for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    768
    Condo Completion:
    1975
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,373 SQFT
    Unit Availability:
    High
    Property Management:

    Listing History for Lambton Square

    Amenities

    Party Room
    Concierge
    Sauna
    Outdoor Pool
    Gym Room
    Car Wash

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 250 Scarlett RoadLambton Square

    If you’re a nature lover who has to live in the city, then we have a property for you — situated at 240-260 Scarlett Rd in the York Crosstown area, Lambton Square is a 20 storey building, offering spacious suites and unobstructed views of the Humber River. And with green spaces in every direction, residents of this building never have to stray far for a dose of nature.

    Lambton Square was built in 1975 — its exterior follows that of traditional condo design, comprised of brown bricks and concrete. But beyond the somewhat dated exterior, this building is remarkably well maintained, from the gardens out front, to the lobby and suites within.

    In addition to spacious units and a nature filled location, this building provides residents with a wealth of extras; outdoor pool and deck, sauna, exercise room, recreation room, library, car wash bay, and parking garage.

    With large suites at affordable prices and a commuter friendly neighbourhood, these condos are ideal for first-time home buyers, couples, families, or empty nesters who are downsizing from a detached home.

    The Suites

    For most condo buyers, price is the chief concern, and while this building is one of the more expensive properties in York Crosstown, it’s very affordable compared to downtown Toronto condos for sale and floor plans are quite generous; there are 800 square foot 1 bedroom units here which have sold for under $400k — try finding a bargain like that in downtown Toronto.

    Suites sizes range from 789 square feet for a 1 bedroom to 1126 for a 3 bedroom. As is often the case with older buildings, finishes will vary from unit to unit, but buyers can expect hardwood floors, sunken living rooms, updated kitchens with stainless steel appliance, floor to ceiling windows, private balconies, and large bedrooms.

    Those with north, west, or south facing units have views of the Humber River — but even if you have a unit that faces east, you can walk out your lobby doors and you’re just steps from the river.

    The Neighbourhood

    In Rockcliffe - Smythe, life moves at a slower pace than in many GTA neighbourhoods; buyers who crave nightlife and excitement are likely to find this area boring, but if you’re a fan of outdoor recreation, then you’ll be right at home here.

    As a resident of Lambton Square, you have the luxury or a green space on site with manicured gardens and lush green grass, but with so many nearby parks, you’ll want to explore; from your front door at 240-260 Scarlett Rd, you’re mere minutes from the Humber River Recreational Trail — you can enjoy a peaceful walk or run along the river on tree shrouded paths, and if so inclined, you could follow it all the way to the lake.

    Golfers have 2 courses in the neighbourhood — Scarlett Woods Golf Course and Lambton Golf & Country Club — or if you’re planning to be the next Federer you can get started at Eglinton Flats Winter Tennis Club. As well, there are soccer fields, baseball diamonds, and basketball courts in the neighbourhood.

    While entertainment options are limited, you have choices for a great meal; there’s New Orleans Seafood & Steakhouse just around the corner, you can get your morning coffee on Scarlett Rd at Tim Hortons or Zaza Espresso Bar, and for more diverse dining choices — head south to St. Clair Ave for Roti Time, McDonald's, Sicily Pizza, Pho Son Vietnamese Restaurant, Shoeless Joe's Sports Grill, and more.

    Transportation

    240-260 Scarlett Rd has a 48 Walk Score — womp, womp, womp — so residents will likely need a vehicle or public transit to run errands; for groceries and the essentials, there’s a Food Basics and Janedal Pharmacy on Jane Street.

    Public transit users have nearby bus stops on Scarlett Rd, and for longer trips, route 77 can carry you to Runnymede Station for subway lines or Weston Station for GO Transit.

    Car owners have a great starting point for their morning commute — heading west on Eglinton will have you on highway 427 in 10 minutes, making it easy to connect to major highways.

    6

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    Listings For Rent

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    Nearby Amenities

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    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
    33,896
    Average Individual Income
    $67,323
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $111,640
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    47%
    High Rise Apartment
    18%
    Semi Detached
    17%
    Low Rise Apartment
    9%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Mandarin
    14%
    Cantonese
    13%
    Other
    13%
    Tamil
    2%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    33%
    High School
    25%
    None
    17%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at Lambton Square spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    10.5
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 3 condos in the Rockcliffe - Smythe area

    Sold Units

    23
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Lambton Square offers the
    ?
    best value out of 3 condos in the Rockcliffe - Smythe neighbourhood

    Appreciation Rank

    Lambton Square has the
    ?
    highest ROI out of 3 condos in the Rockcliffe - Smythe neighbourhood

    Rental Yield

    Lambton Square yields the
    ?
    highest rent prices out of 3 condos in the Rockcliffe - Smythe neighbourhood

    High Demand

    Lambton Square is the
    ?
    most popular building out of 3 condos in the Rockcliffe - Smythe neighbourhood

    Transaction Insights at 250 Scarlett Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$510,000 - $640,000No Data$690,000 - $899,021No Data$690,000 - $840,000
    Avg. Cost Per SqftNo Data$711No Data$754No Data$635
    Avg. Wait for Unit AvailabilityNo Data40 DaysNo Data21 Days494 Days34 Days
    Ratio of Units in Building1%23%1%47%3%28%

    Maintenance Fees

    Lambton Square vs The Rockcliffe - Smy Area

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