115 Bonis Avenue Unit 410, Toronto E05

Price: $305,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E12652030

Welcome to Shepherd Gardens at Shepherd Village, a beautiful community and life lease residence for seniors 65+. The Dahlia model, 679 Sq Ft, offers a bright and thoughtfully appointed layout that's both functional and cozy, including an eat-in kitchen. This unique building is perfect for those who want to maintain independent living and build equity while living amongst like-minded friends. Building amenities offer resort style living to move in, and enjoy! Close to shopping, banking and public transit. Guest suite available on site. The unit includes a storage locker and 1 underground parking space. Must be owner occupied.

115 Bonis Avenue Unit 410 - Condo photo 1 of 31 in Scarborough Village / Eglinton East, Ontario
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$305,000 - 115 Bonis Avenue Unit 410, Scarborough Village

Condo for Sale in Scarborough Village

137 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E12652030
Property Type
Condo
Status
active
Days on Site
137
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Exclusive
Exposure
West
Balcony
Enclosed
Listing Brokerage
KELLER WILLIAMS EMPOWERED REALTY
Description

Welcome to Shepherd Gardens at Shepherd Village, a beautiful community and life lease residence for seniors 65+. The Dahlia model, 679 Sq Ft, offers a bright and thoughtfully appointed layout that's both functional and cozy, including an eat-in kitchen. This unique building is perfect for those who want to maintain independent living and build equity while living amongst like-minded friends. Building amenities offer resort style living to move in, and enjoy! Close to shopping, banking and public transit. Guest suite available on site. The unit includes a storage locker and 1 underground parking space. Must be owner occupied.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,564.81/mo

Includes CMHC insurance ($8,510)

$
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5%10%50%

5-yr fixed avg.

Principal: $274,500Interest: $186,433
Mortgage Amount$283,010
Total Interest$186,433
Est. Property Tax$216/mo
Total Cost$469,442

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.

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Neighbourhood Guide: Scarborough Village / Eglinton East

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

115 Bonis Avenue Unit 410, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$216
Insurance (est.)-$64
Net Cash Flow+$1,530

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $508/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 137 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 600 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.

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    115 Bonis Avenue Unit 410, Scar… — $305,000 | Battaglia Team