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    Toronto / North York / Englemount | Lawrence

    404 - 650 Lawrence Ave W

    For SaleThe Shermount Condos
    $519,900
    Price Cut: $529,900
    1 Bed
    1 Bath
    1 Parking
    600 - 699 SQFT
    87 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $499/mth
    Taxes:
    $1,946 (2024)
    Cost Per Sqft:
    $744 - $867/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    September 10, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Laminate, Closet
    7.97 x 6ft
    Kitchen
    Laminate, Double Sink, Built-in Microwave
    7.97 x 7.94ft
    Living
    Laminate, Sliding Doors, Walkout To Balcony
    19.49 x 10.5ft

    About this Listing

    Excellent Tridel Mid Rise Building "The Shermount", conveniently located, recently renovated. Fantastic, spacious Condo w/ Great Layout, Wall-to-wall Uniform Laminate flooring, 1 Bdrm, 1 3pc Bath (Glass Shower door & Panel), Galley Kitchen Overlooks Combined Living & Dining w/ Sliding doors to Open Balcony facing south w/ unobstructed views allowing lots of sunlight. Primary Br. w/ Walk-in Closet. Ensuite Laundry. 1 Locker (P2) & 1 Parking (P1). Plenty of Visitors Parking. Maint. Fee includes all utilities. Quick Access to Allan Rd. & 401, short walk to Schools, Subway, Ttc, 1 Subway Stop to Yorkdale Mall. Near Lawrence Allen Shopping Mall.

    ExtrasFridge (GE), Stove (KitchenAid), Built-in Microwave (Magic Chef), Dishwasher (Whirlpool), Washer & Dryer, Parking (P1) & Locker (P2) are owned.

    fortes realty inc.MLS® #C9269042

    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Bike Storage
    Media Room

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    14%
    $90,000+
    7%
    $125,000+
    3%
    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%

    Price Trends

    Maintenance Fees

    The Shermount Condos vs The Englemount | Lawrence Area

    Building Trends At The Shermount Condos

    Days on Strata

    Units at The Shermount Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Englemount | Lawrence

    Turnover of Units

    On average, each unit is owned for
    7.9
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 17 condos in the Englemount | Lawrence area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Shermount Condos offers the
    ?
    best value out of 17 condos in the Englemount | Lawrence neighbourhood

    Appreciation Rank

    The Shermount Condos has the
    ?
    highest ROI out of 17 condos in the Englemount | Lawrence neighbourhood

    Rental Yield

    The Shermount Condos yields the
    ?
    highest rent prices out of 17 condos in the Englemount | Lawrence neighbourhood

    High Demand

    The Shermount Condos is the
    ?
    most popular building out of 17 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 - $553,500$520,000 - $607,000$672,000No DataNo Data$965,000
    Avg. Cost Per SqftNo Data$801$707$624No DataNo Data$731
    Avg. Wait for Unit Availability129 Days83 Days86 Days119 Days377 Days761 Days303 Days
    Ratio of Units in Building12%29%23%22%4%6%8%

    Transactions vs Inventory

    Total number of units listed and sold in Englemount | Lawrence