1504 - 240 Scarlett Rd
For SaleLambton SquareEst Sell Timeframe 8 Days
$745,000
Price Cut: $775,000
3 Beds
2 Bath
1 Parking
1,188 SQFT
88 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$926/mth
Taxes:
$2,332 (2024)
Cost Per Sqft:
$627/sqft
Locker:
Ensuite
Outdoor Space:
Balcony
Exposure:
North East
Possession Date:
15 days
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
Living
Walkout To Balcony, Open Concept, O/Looks Dining
17.78 x 11.98ft
Dining
O/Looks Living
12.4 x 10.34ft
Kitchen
Eat-In Kitchen, O/Looks Living
14.34 x 7.48ft
About this Listing
Large 3 Bedroom Corner Suite in Lambton Square. 2 Bathrooms, 1 Parking, Overlooking The Humber River. Closing Is Flexible. Outdoor Pool, Ensuite Storage, Ensuite Laundry, Private Balcony. Motivated Seller!
ExtrasAll Window Coverings, All Electrical Light Fixtures, Fridge, Stove, Built-In Dishwasher, Washer and Dryer
sutton group-security real estate inc.MLS® #W8489938
Amenities
BBQ
Outdoor Pool
Rec Room
Bike Storage
Gym Room
Concierge
Explore Neighbourhood
4/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
5/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
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
33,896
Average Individual Income
$67,323
Average Household Size
3 persons
Average Age
44
Average Household Income
$111,640
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
47%
High Rise Apartment
18%
Semi Detached
17%
Low Rise Apartment
9%
Duplex
6%
Marital Status
Commute
Languages (Primary Language)
English
56%
Mandarin
14%
Cantonese
13%
Other
13%
Tamil
2%
Tagalog
1%
Spanish
1%
Education
University and Above
33%
High School
25%
None
17%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Social Sciences
12%
Health & Related Fields
11%
Math & Computer Sciences
7%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
2%
Visual & Performing Arts
2%
Price Trends
Maintenance Fees
Lambton Square vs The Rockcliffe - Smy Area
Building Trends At Lambton Square
Days on Strata
Units at Lambton Square spend an average of
38
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Rockcliffe - Smythe
Turnover of Units
On average, each unit is owned for
10.4
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 3 condos in the Rockcliffe - Smythe area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
5
Units were Rented over the past twelve months
Best Value Rank
Lambton Square offers the best value out of 3 condos in the Rockcliffe - Smythe neighbourhood
?
Appreciation Rank
Lambton Square has the highest ROI out of 3 condos in the Rockcliffe - Smythe neighbourhood
?
Rental Yield
Lambton Square yields the highest rent prices out of 3 condos in the Rockcliffe - Smythe neighbourhood
?
High Demand
Lambton Square is the most popular building out of 3 condos in the Rockcliffe - Smythe neighbourhood
?
Transaction Insights at 250 Scarlett Road
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $510,000 - $640,000 | No Data | $580,000 - $840,000 | No Data | $698,000 - $819,000 |
| Avg. Cost Per Sqft | No Data | $710 | No Data | $669 | No Data | $661 |
| Price Range | No Data | $2,400 - $2,500 | No Data | $3,200 - $3,300 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 39 Days | No Data | 21 Days | 511 Days | 35 Days |
| Avg. Wait for Unit Availability | No Data | 156 Days | 390 Days | 113 Days | No Data | 145 Days |
| Ratio of Units in Building | 1% | 23% | 1% | 47% | 3% | 28% |
Transactions vs Inventory
Total number of units listed and sold in Rockcliffe - Smy
