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Condo ApartmentListed 25 days ago

$499,000

2550 Lawrence Avenue E 721, Toronto, ON M1P 4Z3

Dorset Park · Toronto · M1P 4Z3

Listing brokerage: CENTURY 21 PERCY FULTON LTD.

Beds
2
Baths
2
Sq ft
900–999
Parking
1

Monthly costs

Maintenance

$854/mo

$0.90 per sq ft

Property taxes

$141/mo

$1,688 a year (2026)

About $995 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Hydro
  • Covered: Water
  • Covered: Air conditioning
  • Covered: Parking
  • Covered: Common Elements

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
North
Parking
1 spot · Underground
Locker
Exclusive
Balcony
None
Laundry
In-Suite Laundry
Possession
60 days/TBA

The building

Scarborough Fair Ⅱ

2550 Lawrence Ave E · Dorset Park

  • 3 for sale
  • 1 for rent
  • 21 floors

About this home

Stunning, Spacious 2-Bedroom Suite with 2 Full Baths. This unit is perfect for buyers who value space, convenience, and low maintenance fees with all-inclusive utilities. Enjoy sleek laminate flooring throughout, a generously sized primary bedroom featuring a 4-piece ensuite, a dedicated dining room. Residents have access to exceptional amenities, including a fully equipped gym, indoor pool, billiards room, party room, and 24-hour concierge service. Ideally located just minutes from Kennedy Subway & GO Station, TTC transit, top-rated schools, parks, shopping, hospitals, Highway 401, and more. **A rare opportunity you don't want to miss!**

All details21 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
4
Size
900-999 sq ft

Features

  • Carpet Free

Building & Amenities

Floor
7
Property management
First Service Resiential

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Exterior & Lot

Style
1 Storey/Apt
Exterior
Concrete

Taxes & Fees

HST
Included In

Listing

MLS® number
E13806828
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Dorset Park
Cross streets
Midland/Lawrence
Rooms · 7Living Room, Room, Kitchen, Primary Bedroom, Bedroom 2, Washroom ×2
  • Living Room

    Main

    6.03 × 3.06 m · 19′9″ × 10′0″

    Combined w/Dining, Laminate

  • Room

    Main

    3.25 × 3.43 m · 10′8″ × 11′3″

    Combined w/Living, Laminate

  • Kitchen

    Main

    3.37 × 2.40 m · 11′1″ × 7′10″

    Ceramic Floor, Window

  • Primary Bedroom

    Main

    6.15 × 3.06 m · 20′2″ × 10′0″

    Laminate, Closet

  • Bedroom 2

    Main

    3.09 × 3.09 m · 10′2″ × 10′2″

    Laminate, Closet

  • 2 × 4-piece washroom

History

Past listings and sales for this home and building.

Location

2550 Lawrence Avenue E 721, Toronto, ON M1P 4Z3 · Near Midland/Lawrence

Monthly cost

Estimated monthly cost

$3,204/mo

Mortgage
$2,209
Property tax
$141
Maintenance
$854
Down payment$99,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$115,139

$99,800 down + $15,339 to $16,589 in closing costs

Ontario land transfer tax
$6,455
Toronto land transfer tax
$6,455
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$83
Condo fee adjustment
$496

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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4

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$499,000

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