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    The Shermount Condos

    650 Lawrence Avenue W & 21 Replin Road & 25 Replin Road

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    431
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    270 - 1,649 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Shermount Condos

    Amenities

    Security System
    Party Room
    Concierge
    Indoor Parking
    Gym Room
    Media Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 650 Lawrence Avenue WThe Shermount Condos

    Anyone who’s seeking a Toronto condo for sale should consider The Shermount Condos at 650 Lawrence Avenue W. Tridel completed this building back in 2003, but unlike other buildings of that age, maintenance fees are quite reasonable at $0.64 per-square-foot. The 10-storey building is home to 431 suites with units ranging between 270 and 1649 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 74. Maintenance fees are $0.64 per-square-foot, which is lower than the neighbourhood average of $0.76 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 650 Lawrence Avenue W is $666, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at The Shermount Condos spend 23 days on the market on average and usually sell for -2.96% below the listing price. In the last 12 months, 4 units have rented, and 10 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Tim Hortons, Royal Taste and Mango Thai Kitchen are all within 8 minutes walking distance from 650 Lawrence Avenue W. With cafes such as Tim Hortons and McDonald's only a short 14-minute walk away, grabbing a coffee while living at The Shermount Condos is a breeze.

    Grocery shopping is never a chore with stores such as Fortinos, Metro and Bubby's New York Bagels in the area.

    There are a number of banks within a short drive, including Scotiabank and CIBC Branch with ATM for all your investment needs.

    There are plenty of parks nearby to keep your family busy, including Lawrence Heights Park and Fraserwood Park, which are less than 8 minutes away by foot.

    Like to shop? Everything you need is close by when you live at 650 Lawrence Avenue W, including Board Walk Shoes, Lawrence Square Shopping Centre and Lawrence Plaza which are only 2 away.

    When the weekend rolls around, Joseph D. Carrier Art Gallery, Knight Galleries International Limited and The Morris and Sally Justein Heritage Museum are within a short 4-minute drive away. Cineplex Cinemas Yorkdale is just a short drive away for movie nights.

    There are plenty of nearby school choices — Joyce Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Lawrence Heights Middle School, Yorkdale Secondary School and Dante Alighieri Academy can be reached by car in under 4 minutes.

    Transportation

    Residents have transit options in the Englemount | Lawrence neighbourhood; A light transit stop at Lawrence Ave West At Shermount Ave can carry you to your destination in no time at all. Transit riders will love living just 0 minutes from Lawrence West.

    Anyone who isn’t sold on this development but loves the area, might want to check out 713-721 Lawrence Avenue W, 760 Lawrence Avenue W and 120 Varna Drive, which are similar condos in the area.

    2

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    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.

    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%

    Days on Strata

    Units at The Shermount Condos spend an average of
    23
    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
    8.1
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 14 condos in the Englemount | Lawrence area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    The Shermount Condos offers the
    ?
    best value out of 14 condos in the Englemount | Lawrence neighbourhood

    Appreciation Rank

    The Shermount Condos has the
    ?
    highest ROI out of 14 condos in the Englemount | Lawrence neighbourhood

    Rental Yield

    The Shermount Condos yields the
    ?
    highest rent prices out of 14 condos in the Englemount | Lawrence neighbourhood

    High Demand

    The Shermount Condos is the
    ?
    most popular building out of 14 condos in the Englemount | Lawrence neighbourhood

    Transaction Insights at 650 Lawrence Avenue W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$450,900 - $585,000$520,000$617,000No DataNo Data$913,000 - $937,000
    Avg. Cost Per SqftNo Data$787$636$740No DataNo Data$703
    Avg. Wait for Unit Availability136 Days80 Days92 Days109 Days377 Days761 Days304 Days
    Ratio of Units in Building11%30%22%22%4%6%8%

    Maintenance Fees

    The Shermount Condos vs The Englemount | Lawrence Area

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