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            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

            Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# E4995336

            $7,500 Cashback
            $500,000
            2br 2ba 900-999sf

            Prop Tax

            $1,320

            Condo Fee

            $707

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$475,974

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            IRISE, BROKERAGE

            Learn more about this property:
            MLS# E4995336 Listing Details
            Among all comparable properties sold in condo located at 2550 Lawrence Avenue East in Dorset Park in Toronto from Jan 2017 to Dec 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $424,347

            Maximum Price Adjusted was:

            $505,178

            AIDA's ESTIMATE (based on 10 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($500,000) more than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 10 comparable properties sold in condo located at 2550 Lawrence Avenue East in Dorset Park in Toronto from Jan 2017 to Dec 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2017-03-09***21102550 Lawrence AveSw900-9992+0 • 21.0$636$1,284$353,00043.11%***
            2017-04-24***14062550 Lawrence Ave EE900-9992+0 • 21.0$625$1,252$375,00034.45%***
            2017-05-08***#8102550 Lawrence Ave ESw900-9992+0 • 21.0$636$1,272$378,00028.18%***
            2017-07-11***11032550 Lawrence Ave EW900-9992+0 • 21.0$625$1,250$330,00028.59%***
            2017-12-01***3172550 Lawrence Ave ES900-9992+0 • 21.0$637$1,269$370,00034.3%***
            2018-08-28***7162550 Lawrence AveN900-9992+0 • 21.0$637$1,268$390,00021.39%***
            2018-09-20***8162550 Lawrence AveSw900-9992+0 • 21.0$637$1,269$399,00022.34%***
            2019-01-22***18032550 Lawrence Ave ENw900-9992+0 • 21.0$643$1,255$392,00011.11%***
            2019-01-30***14032550 Lawrence Ave EW900-9992+0 • 21.0$637$1,252$433,00011.11%***
            2019-03-19***16052550 Lawrence Ave EW900-9992+0 • 21.0$624$1,246$430,0004.15%***

            Dorset Park, Toronto Sales History More

            Dorset Park, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Dorset Park, Toronto: Detailed Sales & Rent Statistics for Condos
            402 2550 Lawrence Avenue East Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            402 2550 Lawrence Avenue East is a condo apt apartment, located in Dorset Park of city of Toronto, Toronto region, near Midland/Lawrence, and has been available for sale on ITRealty since 2020-11-20. This unit is located at level 4 of the building and has North exposure of Lawrence E Ave. Condo registry office is MTCC, corporation number 1039.

            Lot Size and Living Area:

            402 2550 Lawrence Avenue East has 5+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 900-999 square feet.
            1.0 parking space(s) are exclusive and located undergrnd at level . This condo has an ensuite laundry.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Clear View, Park, Public Transit, School at, or near the property.
            AIDA has also identified the following listing features: Income Potential.

            Price & Cost Overview

            General:

            402 2550 Lawrence Avenue East condo apt is listed for $500,000. Property tax for year 2020 was $1,320. And the monthly maintenance fee was $707.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $475,974.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,876, and total expenses, including the mortgage, property tax and maintenance, fee around $2,045, assuming $500,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 402 2550 Lawrence Avenue East, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $7,500 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Dorset Park, where 2550 Lawrence Avenue East is located, has $610,200 Home Price Index, and $2,087 Home Rent Index. Average household income at dissemination area of 2550 Lawrence Avenue East is $63,296, and average polulation age is 39 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,064,808, and average Home Rent Index $2,573.

            Similar Properties & Community Details:

            There are similar to 402 2550 Lawrence Avenue East 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 2550 Lawrence Avenue East.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Dorset Park neighborhood in city of Toronto.

            402 2550 Lawrence Avenue East Listings History Powered By AIDA
            Dorset Park, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (107 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 10 to 12 properties like that to be sold in Dorset Park during the next 30 days.
            Seasonal sales fluctuation is showing 19% inventory increase comparing to the average annual number, which is equvalent to 9 properties sold per month, and -6% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 12 days, which is 3 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing 13% D.O.M. increase comparing to the average annual number, which is equvalent to 13 D.O.M., and 9% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.7% above its asking price in Dorset Park.
            The selling to asking price ratio is declining in Dorset Park.
            This property has been on the market for less than average number of days it takes a home to sell in Dorset Park (15.1) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS E4995336 Comparative Market Analysis

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