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    for sale
    115 Days on Strata
    Est Sell Timeframe:
    18 Days

    516 - 4060 Lawrence Ave E

    $315,000
    Price Cut: $30,000
    3 Beds
    2 Bath
    1 Parking
    1,271 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,375/mth
    Taxes:
    $1,016 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $248/sqft
    Outdoor Space:
    Balcony
    Locker:
    Exclusive
    Possession Date:
    Now
    Exposure:
    South

    Amenities

    Sauna
    BBQs Allowed
    Indoor Parking
    Party Room
    Indoor Pool
    Gym
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Attention: Exceptional Value & Investors Delight! An incredible opportunity awaits with this impeccably designed, sun-filled 2-storey, 3-bedroom + 2-bath residence, offering the perfect blend of townhouse charm and condo convenience in one of Scarboroughs most vibrant and up-and-coming neighbourhoods. Ideal for astute investors, first-time buyers, stylish down sizers, or a young family seeking comfort and connection, this thoughtfully laid-out home features a bright open-concept living and dining space with large windows that bathe the interior in natural light and lead to a spacious private balcony perfect for everyday enjoyment or entertaining guests. The elegant primary suite showcases a generous walk-in closet, complemented by plentiful ensuite storage throughout. Included are one premium underground parking spot and an oversized locker for added ease. Residents enjoy access to newly renovated common areas, including a sleek modern lobby and updated corridors, along with exceptional amenities such as a pristine indoor pool, full-service gym, stylish party/meeting room, and visitor parking. All-inclusive maintenance fees cover heat, central A/C, water, high-speed internet, and cable. This hidden gem is minutes from top-rated schools, lush parks and trails, premier shopping, dining, hospitals, golf clubs, TTC, GO Transit, major highways, Centennial College, and the University of Toronto Scarborough offering a rare blend of lifestyle, luxury, and location not to be missed.

    ExtrasInternet & Cable Included in maintenance fee.

    right at home realtyMLS® #E12313033

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Electric
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    14.6 x 11.65ft
    Laminate, Walkout To Balcony, O/Looks Dining
    Dining
    8.69 x 8.04ft
    Laminate, O/Looks Living
    Kitchen
    16.9 x 7.71ft
    Ceramic Floor, Eat-In Kitchen
    Primary
    20.18 x 9.81ft
    Laminate, Walk-in Closet, Large Window
    2nd Bedroom
    16.57 x 9.68ft
    Laminate, Walk-in Closet, Large Window
    3rd Bedroom
    13.29 x 10.01ft
    Laminate, Built-in Closet, Large Window
    Laundry
    5.09 x 4.79ft

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore West Hill

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Mortgage Calculator


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,010
    Average Individual Income
    $54,453
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $104,757
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    17%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    53%
    $30,000+
    26%
    $60,000+
    13%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    48%
    Semi Detached
    17%
    Duplex
    14%
    High Rise Apartment
    11%
    Low Rise Apartment
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Cantonese
    12%
    Other
    12%
    Mandarin
    9%
    Tamil
    7%
    Urdu
    2%
    Tagalog
    1%
    Hindi
    1%
    Education
    High School
    29%
    University and Above
    27%
    None
    20%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    8%
    Physical Sciences
    6%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%


    Days on Strata

    Units at Lawrence Avenue Condos spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in West Hill

    Turnover of Units

    On average, each unit is owned for
    11.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 29 condos in the West Hill area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Lawrence Avenue Condos offers the
    ?
    best value out of 29 condos in the West Hill neighbourhood

    Appreciation Rank

    Lawrence Avenue Condos has the
    ?
    highest ROI out of 29 condos in the West Hill neighbourhood

    Rental Yield

    Lawrence Avenue Condos yields the
    ?
    highest rent prices out of 29 condos in the West Hill neighbourhood

    High Demand

    Lawrence Avenue Condos is the
    ?
    most popular building out of 29 condos in the West Hill neighbourhood

    Market Insights

    Transaction Insights at Lawrence Avenue Condos

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$340,000 - $400,000$480,000$355,000 - $450,000$360,000 - $374,900
    Avg. Cost Per SqftNo Data$357$333$342$233
    Avg. Wait for Unit AvailabilityNo Data64 Days550 Days49 Days145 Days
    Ratio of Units in Building1%27%3%33%10%

    Market Inventory

    Total number of units listed and sold in West Hill