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    Toronto / York Crosstown / Rockcliffe - Smythe

    604 - 240 Scarlett Rd

    For SaleLambton Square
    $749,900
    3 Beds
    2 Bath
    2 Parking
    1,000 - 1,199 SQFT
    2 Days on Strata
    Est Sell Timeframe
    17 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,000/mth
    Taxes:
    $2,332 (2024)
    Cost Per Sqft:
    $625 - $750/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    60/90/Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, O/Looks Living, Eat-In Kitchen
    14.27 x 7.45ft
    Dining
    Hardwood Floor, O/Looks Living, Large Closet
    13.16 x 10.2ft
    Living
    Hardwood Floor, Balcony, Large Window
    18.01 x 12.07ft

    About this Listing

    Surrounded by beautifully manicured green space, the Humber River, James Gardens, golf courses, and walking/biking trails, welcome to Lambton Square at 240 Scarlett Road. This stunning corner unit 3-bedroom, 2 full bath condo has been renovated throughout and includes rarely available two underground parking spots plus a storage locker! Featuring a spacious open-concept 3-bedroom floorplan, custom chef kitchen with butcher block countertops, pot lights, glass railing, functional dining room, oversized sunken living room, hardwood floors, ensuite laundry, and much more! Enjoy all the amenities Lambton Square has to offer, including an outdoor pool, sauna, car wash, outdoor patio, fitness centre, and more! Nature enthusiasts will cherish the view of the Humber River, the nearby golf courses, and hiking and biking trails just outside your doorstep. Entertain family and friends on your private, oversized balcony and enjoy the serene, unobstructed views. Steps to transit, 1 stop to subway, close to major highways and the airport. See it. Love it. Buy it.

    ExtrasWow - incredible value! Over 1,300 sq ft w/balcony (1,158 sq ft interior + 152 sq ft exterior) + ultra-rare 2 underground parking spaces + storage locker. Maintenance fees include all utilities plus cable TV & internet.

    re/max professionals inc.MLS® #W11923854

    Amenities

    Concierge
    Sauna
    Party Room
    Visitor Parking
    Gym Room
    Bike Storage

    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
    0 - 14
    13%
    15 - 19
    2%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Rockcliffe - Smythe

    Turnover of Units

    On average, each unit is owned for
    10.2
    YEARS before being sold again

    Property Value

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

    Price Ranking

    1st
    Highest price per SQFT out of 3 condos in the Rockcliffe - Smythe area

    Sold Units

    28
    Units were Sold over the past twelve months

    Rented Units

    6
    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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$494,000 - $604,000No Data$580,000 - $875,000No Data$710,100 - $819,000
    Avg. Cost Per SqftNo Data$702No Data$674No Data$659
    Avg. Wait for Unit AvailabilityNo Data40 DaysNo Data21 Days511 Days35 Days
    Ratio of Units in Building1%23%1%47%3%28%

    Transactions vs Inventory

    Total number of units listed and sold in Rockcliffe - Smy