250 Lawrence Ave W 518
Lawrence Park North, North York, M5M 1B2
FOR SALE
$798,000
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Property Description
Discover modern living in this bright and spacious south-facing 1+1 bedroom, 1 bath luxury condo open-concept layout with floor-to-ceiling windows, sun-filled unit offers a functional design with a versatile den, The sleek kitchen boasts built-in stainless steel appliances, quartz countertops, and ample storage. Enjoy a private balcony Steps to Lawrence Subway, top-rated schools, parks, and the vibrant Yonge & Lawrence shopping district,Easy access to 401. Please see 3D tour for details!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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North York Market Statistics
North York Price Trend
250 Lawrence Ave W 518 is a 1-bedroom 1-bathroom condo listed for sale at $798,000, which is $240,890 (43.2%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in North York over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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