121 L'Amoreaux Drive Unit 43, Toronto E05

Price: $739,900

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13173574

A Rare Find Condo Townhouse with 4 Bedrooms in L'Amoreaux Area in Scarborough. Open Concept, Updated Kitchen with Centre Island, Quartz Countertop, Gas Stove & Stainless Steel Appliances, Renovated Bathroom, Hardwood Floors, Finished Basement. Low Maintenance Fee of $465/mo Includes Water, Roof, Internet, Cable TV, Windows (50/50), & Common Elements. Well-Managed Property. Very Close to SHN Birchmount Hospital, Bridlewood Mall, Schools, Shops, Restaurants, & Supermarket. Steps to TTC. Convenient Location with Easy Access to Most Amenities. IMPROVEMENTS: Newly Painted Walls and Ceiling in Main Floor, Roof 2023, Windows 2022, Electric Fireplace 2022, Smart Garage Door Opener 2022, Shutter on Patio Door 2020, Smart Thermostat 2020, Tankless Water Heater 2019, Patio Sliding Door 2016. PUBLIC OPEN HOUSE: June 6/7 Sat & Sun.

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$739,900 - 121 L'Amoreaux Drive Unit 43, Scarborough Village

Condo for Sale in Scarborough Village

4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13173574
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

A Rare Find Condo Townhouse with 4 Bedrooms in L'Amoreaux Area in Scarborough. Open Concept, Updated Kitchen with Centre Island, Quartz Countertop, Gas Stove & Stainless Steel Appliances, Renovated Bathroom, Hardwood Floors, Finished Basement. Low Maintenance Fee of $465/mo Includes Water, Roof, Internet, Cable TV, Windows (50/50), & Common Elements. Well-Managed Property. Very Close to SHN Birchmount Hospital, Bridlewood Mall, Schools, Shops, Restaurants, & Supermarket. Steps to TTC. Convenient Location with Easy Access to Most Amenities. IMPROVEMENTS: Newly Painted Walls and Ceiling in Main Floor, Roof 2023, Windows 2022, Electric Fireplace 2022, Smart Garage Door Opener 2022, Shutter on Patio Door 2020, Smart Thermostat 2020, Tankless Water Heater 2019, Patio Sliding Door 2016. PUBLIC OPEN HOUSE: June 6/7 Sat & Sun.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,796.07/mo

Includes CMHC insurance ($20,643)

$
$
5%10%50%

5-yr fixed avg.

Principal: $665,910Interest: $452,268
Mortgage Amount$686,553
Total Interest$452,268
Est. Property Tax$524/mo
Total Cost$1,138,821

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

121 L'Amoreaux Drive Unit 43, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$524
Insurance (est.)-$154
Net Cash Flow+$1,862

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 $617/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.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough Village. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    121 L'Amoreaux Drive Unit 43 | $739,900 | Battaglia Team