Maintenance Fees
The Shermount Condos vs The Englemount | Lawrence Area
for rent
8 Days on Strata
- Est Lease Timeframe:
- 22 Days
234 - 650 Lawrence Ave W
$2,050/mth
1 Bed
1 Bath
1 Parking
625 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Jan 1
- Lease Term:
- 1 Year
- Utilities Included:
- Yes
- Furnished:
- No
- Outdoor Space:
- None
- Laundry:
- Ensuite
- Locker:
- Owned
- Exposure:
- East
Amenities
Bike Storage
Concierge
Party Room
Visitor Parking
About this Listing
Welcome To The Shermount, A Tridel Built Condo. This 625 SF Unit Is A Must See! Laminate Floors. Double Sink, Built in dishwasher & Breakfast Bar, Spacious Living and dining Area With Walk out to Balcony. Utilities included In Rent. High Demand Area Just Steps To Lawrence West Subway, Lawrence Square, Yorkdale Mall, Restaurants, Hiking/Biking Trails And The 401. Bus Stop In Front Of Building. It Will Rent Fast. Building Maintenance, Central Air Conditioning, Common Elements, Grounds Maintenance, Exterior Maintenance, Heat, Hydro, Parking. The landlord will paint the unit walls, baseboards. doors and trims. Parts of the floor will be changed and the unit will be professionally cleaned before the new tenant moves in.
royal lepage signature realtyMLS® #C12547530
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 21.16 x 10.66ft
- Combined with Dining, Walkout To Balcony, Laminate
- Dining
- 21.16 x 10.66ft
- Combined with Living, Open Concept, Laminate
- Kitchen
- 10.27 x 8.43ft
- O/Looks Dining, Breakfast Bar, Ceramic Floor
- Primary
- 11.98 x 9.68ft
- Double Closet, Large Window, Laminate
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Englemount | Lawrence
Map
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%
Building Trends At The Shermount Condos
Days on Strata
Units at The Shermount Condos spend an average of
54
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Englemount | Lawrence
Turnover of Units
On average, each unit is owned for
7.8
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 26 condos in the Englemount | Lawrence area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
8
Units were Rented over the past twelve months
Best Value Rank
The Shermount Condos offers the best value out of 26 condos in the Englemount | Lawrence neighbourhood
?
Appreciation Rank
The Shermount Condos has the highest ROI out of 26 condos in the Englemount | Lawrence neighbourhood
?
Rental Yield
The Shermount Condos yields the highest rent prices out of 26 condos in the Englemount | Lawrence neighbourhood
?
High Demand
The Shermount Condos is the most popular building out of 26 condos in the Englemount | Lawrence neighbourhood
?
Market Insights
Transaction Insights at The Shermount Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $350,000 - $375,000 | $432,500 | $405,000 - $550,000 | $590,000 - $645,000 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | $623 | $724 | $743 | $697 | No Data | No Data | No Data |
| Price Range | $1,800 | $2,100 - $2,350 | $2,500 | $2,699 - $3,000 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 154 Days | 90 Days | 87 Days | 112 Days | 377 Days | No Data | 360 Days |
| Avg. Wait for Unit Availability | 172 Days | 154 Days | 205 Days | 320 Days | 628 Days | No Data | 452 Days |
| Ratio of Units in Building | 12% | 29% | 23% | 22% | 4% | 5% | 7% |
Market Inventory
Total number of units listed and leased in Englemount | Lawrence
