Maintenance Fees
The Shermount Condos vs The Englemount | Lawrence Area
404 - 650 Lawrence Ave W
$490,0001 bd1 ba1 pk623 sqft
For SaleThe Shermount Condos
5.0
97 Days on Strata
$490,000
Price Cut: $510,000
Price Cut: $510,000
1 Bed
1 Bath
1 Parking
623 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$499/mth
Taxes:
$1,946 (2024)
Cost Per Sqft:
$787/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
January 18, 2025
Laundry:
Ensuite
Amenities
Rec Room
Visitor Parking
Party Room
Concierge
Indoor Parking
Bike Storage
Games Room
BBQs Allowed
Gym
Media Room
Security System
About this Listing
Excellent Tridel Mid Rise Building "The Shermount", conveniently located, recently renovated. Fantastic, spacious Condo w/ Great Layout, Wall-to-wall Uniform Laminate flooring, 1 Bdrm, 1 3pc Bath (Glass Shower door & Panel), Galley Kitchen Overlooks Combined Living & Dining w/ Sliding doors to Open Balcony facing south w/ unobstructed views allowing lots of sunlight. Primary Br. w/ Walk-in Closet. Ensuite Laundry. 1 Locker (P2) & 1 Parking (P1). Plenty of Visitors Parking. Maint. Fee includes all utilities. Quick Access to Allan Rd. & 401, short walk to Schools, Subway, Ttc, 1 Subway Stop to Yorkdale Mall. Near Lawrence Allen Shopping Mall. **EXTRAS** Fridge (GE), Stove (KitchenAid), Built-in Microwave (Magic Chef), Dishwasher (Whirlpool), Washer & Dryer, Parking (P1) & Locker (P2) are owned.
fortes realty inc.MLS® #C11904655
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Foyer
Laminate, Closet
7.97 x 6ft
Kitchen
Laminate, Double Sink, Built-in Microwave
7.97 x 7.94ft
Living
Laminate, Sliding Doors, Walkout To Balcony
19.49 x 10.5ft
Dining
Laminate, Combined with Living
19.49 x 10.5ft
Primary
Laminate, Window, Walk-in Closet
12.01 x 9.68ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Englemount | Lawrence
Commute Calculator
Loading...
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.
Mortgage Calculator
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
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire 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
8
YEARS before being sold againProperty Value
4%
Increase in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 19 condos in the Englemount | Lawrence area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
10
Units were Rented over the past twelve months
Best Value Rank
The Shermount Condos offers the best value out of 19 condos in the Englemount | Lawrence neighbourhood
?
Appreciation Rank
The Shermount Condos has the highest ROI out of 19 condos in the Englemount | Lawrence neighbourhood
?
Rental Yield
The Shermount Condos yields the highest rent prices out of 19 condos in the Englemount | Lawrence neighbourhood
?
High Demand
The Shermount Condos is the most popular building out of 19 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 | No Data | $519,000 - $553,500 | $545,000 - $607,000 | $590,000 - $672,000 | No Data | No Data | $965,000 |
| Avg. Cost Per Sqft | No Data | $839 | $837 | $673 | No Data | No Data | $731 |
| Price Range | $1,700 - $1,850 | $2,100 - $2,350 | $2,350 - $2,600 | $3,000 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 118 Days | 73 Days | 104 Days | 119 Days | 377 Days | 761 Days | 303 Days |
| Avg. Wait for Unit Availability | 172 Days | 149 Days | 229 Days | 250 Days | 628 Days | No Data | 452 Days |
| Ratio of Units in Building | 12% | 32% | 20% | 22% | 4% | 6% | 8% |
Market Inventory
Total number of units listed and sold in Englemount | Lawrence
