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    Toronto / North York / Englemount | Lawrence

    501 - 650 Lawrence Ave W

    For RentThe Shermount Condos
    $2,350/mth
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
    2 Days on Strata
    Est Lease Timeframe
    20 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Water
    Parking
    Excluded
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Tile Floor, Double Closet, Combined with Laundry
    8.5 x 5.48ft
    Dining
    Laminate, Combined with Living, Open Concept
    22.97 x 12.21ft
    Living
    Laminate, Combined with Dining, Walkout To Balcony
    22.97 x 12.21ft

    About this Listing

    Welcome Home To The Shermount. Proudly Built By Tridel. If You Are Looking For A Large And Bright 1 Bedroom To Ring In The New Year, Look No Further! Almost 700 sqft! This Rarely Offered Layout Is One You Won't Want To Miss! Absolutely Stunning And Spacious Bedroom With Beautiful South Facing Bay Windows Pouring In Natural Light Is Truly Magical The Moment You Walk In. If You Enjoy Switching Around Your Space Throughout The Year, 501 Has Enough Space For Multiple Set Ups Both In Bedroom and Living Room! Large Enough For A Dinning Table AND Desk. Bathroom Has Been Recently Upgraded (W/ New Vanity To Arrive). Comfortable Living With Parking, Hydro And Water Included In Your Rent! The Shermount Is Conveniently Located Near The 401, Subway And Yorkdale Mall To Make Life Easy, No Matter The Day You Have Planned. Feel Like Hosting More Dinners In 2025? There Is Ample Visitor Parking For Your Guests! Book A Showing, And Start Planning Your New Home For 2025!

    ExtrasBathroom Vanity Will Be Upgraded And Property Will Be Deep Cleaned Before Move In

    core assets real estateMLS® #C10441474

    Amenities

    Visitor Parking
    Games Room
    Concierge
    Media Room
    Gym Room
    Indoor Parking

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    14%
    $90,000+
    7%
    $125,000+
    3%
    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%

    Price Trends

    Maintenance Fees

    The Shermount Condos vs The Englemount | Lawrence Area

    Building Trends At The Shermount Condos

    Days on Strata

    Units at The Shermount Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Englemount | Lawrence

    Turnover of Units

    On average, each unit is owned for
    7.9
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 17 condos in the Englemount | Lawrence area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Shermount Condos offers the
    ?
    best value out of 17 condos in the Englemount | Lawrence neighbourhood

    Appreciation Rank

    The Shermount Condos has the
    ?
    highest ROI out of 17 condos in the Englemount | Lawrence neighbourhood

    Rental Yield

    The Shermount Condos yields the
    ?
    highest rent prices out of 17 condos in the Englemount | Lawrence neighbourhood

    High Demand

    The Shermount Condos is the
    ?
    most popular building out of 17 condos in the Englemount | Lawrence neighbourhood

    Transaction Insights at 650 Lawrence Avenue W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$450,900 - $553,500$520,000 - $607,000$672,000No DataNo Data$965,000
    Avg. Cost Per SqftNo Data$801$707$624No DataNo Data$731
    Avg. Wait for Unit Availability129 Days83 Days86 Days119 Days377 Days761 Days303 Days
    Ratio of Units in Building12%29%23%22%4%6%8%

    Transactions vs Inventory

    Total number of units listed and leased in Englemount | Lawrence