$425,000 - 115 Bonis Avenue Unit 211, Scarborough Village
Condo for Sale in Scarborough Village
106 days on market- MLS Number
- E12830986
- Property Type
- Condo
- Status
- active
- Days on Site
- 106
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- Exclusive
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- KW Living Realty
Shepherd Gardens is a Life lease condo-like residence for independant living for residents 65 years and over. Very much like a regular condo building with main floor lounges, party room with kitchen, outdoor patio, guest suite. This Marigold 2 bedroom, 2 bath suite is approx. 946 Sq.ft. renovated with hardwood floors in the living/dining room, new broad plank vinyl laminate floor in the bedrooms. Modern kitchen with quartz counters and glass backsplash. Extra pantry space and pull our spice rack were added along with newer premium stainless steel appliances. The original "solarium glass wall was removed to make the living/dining area more open and useful. Large primary bedroom with a walk-in closet and walk in shower. The 2nd bath has a tub. Freshly painted in move-in condition. There is a reading room/lounge and a coin laundry room, if needed, on the same floor. The unit comes with a parking space close to the elevator and a storage locker. Operated by Shepherd Village Inc., there are neighbouring buildings offering assisted living for those who need assistance with daily tasks and a restaurant for all residents and guests. Maintenance fee includes property tax, $927.56 (maint)+ $157.00 (p/tax) = $1084.56/mo payable to Shepherd Village Inc.
Estimate your monthly payments for this property
Estimated Payment
$2,180.47/mo
Includes CMHC insurance ($11,858)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Scarborough Village / Eglinton East
Scarborough Village / Eglinton East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Scarborough Village / Eglinton East
- •Convenient location in Scarborough Village / Eglinton East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Scarborough Village / Eglinton East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
115 Bonis Avenue Unit 211, Scarborough Village / Eglinton East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $472/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 106 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.