$389,900 - 115 Bonis Avenue Unit 408, Scarborough Village
Condo for Sale in Scarborough Village
75 days on market- MLS Number
- E12951246
- Property Type
- Condo
- Status
- active
- Days on Site
- 75
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
***MUST SEE - RENOVATED TWO BEDROOM*** Welcome to vibrant, living in the highly sought-after Sheppard Village Life Lease Community (age 65+), a warm and welcoming community known for its peaceful setting, safety, and active social lifestyle. This bright and spacious Marigold Plus suite offers 1,018 sq ft of thoughtfully designed living space. The generous primary bedroom easily accommodates full size furniture and features a beautifully renovated 3 piece ensuite (January 2025), complete with a walk in shower, grab bar, new flooring, new vanity, medicine cabinet, and pot lights, designed with both comfort and accessibility in mind. A second bedroom provides a bright and flexible space for guests, hobbies, or a home office, along with a large closet. The well maintained 4 piece main bathroom includes a raised toilet, large linen closet, and updated flooring (September 2025).Freshly painted throughout (September 2025), the suite also features a brand new Whirlpool stove with air fryer functionality, in-suite laundry, and a dedicated storage room with stackable washer/dryer and standing freezer included. Enjoy the added convenience of one underground parking space and a private locker. Residents of Sheppard Village enjoy an exceptional lifestyle with access to a library area, meeting and recreation rooms, games rooms (floors 4 & 5), and an exercise room (floor 6). Optional membership provides access to the indoor saltwater pool and fitness centre for a fee, while the café in the Manor Building is available to residents at no charge. A full calendar of social events, day trips, and activities makes it easy to stay active and connected. Ideally located near library, shopping, everyday essentials, and with quick access to Hwy 401.
Estimate your monthly payments for this property
Estimated Payment
$2,000.39/mo
Includes CMHC insurance ($10,878)
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 408, 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 $390/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 75 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.
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.