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Listed 2 months ago

815 - 2550 Lawrence Avenue E

Dorset Park, Toronto

$409,900

Condo Apartment |
1 | 1 | 1 | 0
About this home

Overlooking the Scarborough Muslim Association mosque, this beautifully renovated 8th-floor condo is the opportunity first-time buyers and young professional couples have been waiting for. If you're ready to stop renting and start building equity without the stress of fluctuating utility bills, your condo fees cover heat, hydro, water, and air conditioning, and an owned underground parking space is included, so you can budget with complete confidence every single month and put your energy toward the things that actually matter. Whether you're commuting downtown, working hybrid, or just starting out together, this move-in ready one-bedroom gives you a stylish space that feels like home from the moment you walk in. The kitchen features new cabinetry, quartz countertops, and a new dishwasher; the bathroom has been fully redone with marble-look tile, a glass shower, and an LED vanity mirror; and new custom tile and laminate flooring run throughout. A brand-new in-suite washer and dryer means no coin laundry, no shared machines, no scheduling your week around it. Oversized floor-to-ceiling windows flood the space with natural light and frame sweeping city views from both the living room and bedroom. It's the kind of backdrop that makes working from home or unwinding after a long day genuinely enjoyable. As an 8th floor resident, the rooftop patio is right on your level for effortless outdoor access, and the building's indoor pool, hot tub, sauna, gym, games room, and 24-hour concierge mean your lifestyle needs are covered without ever leaving home. With TTC at your door and Kennedy Subway, GO Station, Scarborough Town Centre, and Highway 401 just minutes away.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$546
LockerNone
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,425
mls© NumberE13417102
Listed ByColdwell Banker Electric Realty
Heat Included
Water Included
Hydro Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,098
Property tax
$119
Heat allowance
$150
Condo fees, half counted
$273
Housing costs
$2,640 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $81,980
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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