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    Lambton Square IV Condos

    270 Scarlett Road

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    256
    Condo Completion:
    1978
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,373 SQFT
    Unit Availability:
    Low

    Listing History for Lambton Square IV Condos

    Amenities

    Security System
    Indoor Parking
    Visitor Parking
    Tennis Court
    Rec Room
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 270 Scarlett RoadLambton Square IV Condos

    There’s nothing flashy about the Lambton Square IV Condos, but it’s important to remember that the condo was built back in 1978 following the completion of Lambton Square, when Brutalism was all the rage. Constructed by Cadillac Fairview Corporation Limited, the 20-storey, rectangular building is clad in red brick with strips of concrete balconies comprising the façade’s only embellishment.

    So while the architecture isn’t anything to write home about (unless you’re writing a paper about historical architecture in Toronto, that is), the amenities offered to those living in 270 Scarlett Road make up for this lack of flare. Residents have access to a gym, indoor swimming pool, sauna, and party room, plus a concierge and visitor parking.

    The Suites

    Homes at the 270 Scarlett Rd start at around 800 and reach to approximately 1,300 square feet, and contain 1 to 3 bedrooms, as well as dens depending on the unit. Some condos feature split-level layouts, with a few steps leading from kitchens down to living rooms, and many boast enormous balconies with stunning views of the city below.

    The suites may vary significantly in terms of size and layout, but it’s the dissimilarity in terms of interior design that really sets this building apart. Since this is a mature building by this point the interior design in some of the suites can be quite dated, but many prospective residents see this as a good opportunity to let their creative energy start flowing. That said, those looking for a place that’s ready to inhabit or for Toronto condos for rent will also be able to find what they’re looking for, as former residents have had plenty of time to carry out renovations of their own over the years.

    The Neighbourhood

    Residents of 270 Scarlett live just far enough from downtown Toronto to evade hectic sidewalks and traffic jams caused by a trifecta of cyclists, drivers, and streetcars. In fact, the atmosphere surrounding this particular building is made even more peaceful thanks to the myriad of parks that surround it.

    Not only are there parks in the Rockcliffe - Smythe neighbourhood, but a number of these green spaces are also home to golf courses. Those who want to try their hand at golfing without having to commit to a membership can play a round at the public Scarlett Woods Golf Course, while memberships are required in order to play at the Lambton Golf & Country Club.

    As for shopaholics, the Stockyards District is just a short drive or bus ride away. Here, residents can find big-box stores like Home Depot and Canadian Tire, as well as Winners and a number of other fashion stores.

    Transportation

    Getting around is easy when living at the Lambton Square IV Condos. Residents without cars of their own can use the 79 Scarlett Road bus to reach Runnymede Station on the Bloor-Danforth line. Alternatively, a northbound ride on this bus will land passengers at the Weston GO/UP Station, from which they can reach Union Station in just 15 minutes via either the GO or UP train.

    As for those who drive, 270 Scarlett is a short drive away from two major highways: the 401 and the 427. Using Eglinton West and the 427, the drive to Pearson International Airport takes just around 15 minutes.

    2

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    Nearby Amenities

    3/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    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%

    Price Trends

    Days on Strata

    Units at Lambton Square IV Condos spend an average of
    19
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    20.2
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 3 condos in the Rockcliffe - Smythe area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 270 Scarlett Road

    Studio1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$564,000 - $610,000$660,000 - $690,000No Data$750,000
    Avg. Cost Per SqftNo Data$655$591No Data$653
    Avg. Wait for Unit AvailabilityNo Data156 Days54 Days263 Days158 Days
    Ratio of Units in Building1%20%52%12%18%

    Maintenance Fees

    Lambton Square IV Condos vs The Rockcliffe - Smy Area

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