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    343 - 650 Lawrence Avenue W

    For SaleThe Shermount Condos
    $619,900
    1 Bed + 1
    1 Bath
    1 Parking
    833 SQFT
    6 Days on Strata
    Est Sell Timeframe
    26 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $744/sqft
    Maintenance Fees:
    $617/mth
    Taxes:
    $2,232 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    30-60/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Walkout To Balcony, Vinyl Floor, Sw View
    20.18 x 12.01ft
    Dining
    Combined with Living, Vinyl Floor, Open Concept
    13.32 x 11.09ft
    Kitchen
    Renovated, Stainless Steel Appliances, Breakfast Bar
    9.15 x 8.24ft

    About this Listing

    Spacious 833 sf + balcony + parking + locker. Large enclosed den used as 2nd bedroom. Tastefully renovated with updated kitchen including large quartz countertop providing extra seating area and great for entertaining. New bathroom and new flooring throughout. Primary bedroom fits a King bedroom set with more space available. Rare inclusive maintenance fees. Just 3 min walk to Lawrence W subway station (15 min ride to downtown or uptown to York University). Direct turning lane to access 401. Steps to Lawrence Allen Centre and close to Yorkdale. Building's common spaces are being renovated and remodelled. Be one of the new owners to enjoy the new renovated space.

    Extrasmaint fees includes heat, hydro, water, AC, parking, locker. EV Chargers in the building. Check out the virtual tour.

    right at home realtyMLS® #C8296234


    Amenities

    Indoor Parking
    Gym Room
    Party Room
    Bike Storage
    Media Room
    BBQ

    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
    26
    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    8
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 14 condos in the Englemount | Lawrence area

    Sold Units

    11
    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$807$636$740No DataNo Data$703
    Avg. Wait for Unit Availability136 Days79 Days92 Days110 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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