138 Bonis Avenue Unit 527, Toronto E05

Price: $398,000

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: E13130180

GET MORE FOR YOUR MONEY WITH ALL-INCLUSIVE LIVING. Bright, sun-filled and rarely offered 1+Den with over 900 sq ft in a quality Tridel-built, gated community with 24-hr gatehouse security - ideal for first-time buyers, downsizers, or investors. Freshly painted with new light fixtures and updated hardware, this move-in ready unit offers a spacious open-concept layout with large windows, a generous primary bedroom with walk-in closet, and a versatile den perfect for a home office or guest space. Enjoy peaceful views with a golf course right in your backyard, plus your own private balcony. Maintenance fees cover heat, hydro, water, A/C, parking, Bell Fibe TV & internet (including Fairchild Chinese TV) - a truly all-inclusive setup that is increasingly rare and no longer commonly offered in newer buildings. Residents enjoy access to full-service amenities, including indoor and outdoor pools, sauna, gym, party room, squash courts, basketball court, ping pong, indoor golf driving range, and a self-serve car wash - all within a secure, well-managed community. Convenient location steps to No Frills, Highland Farms, Walmart, library, Congee Queen, McDonald's, and everyday essentials. Easy access to TTC, GO Transit, and Hwy 401. Rare size. All-inclusive living. Gated community. Move-in ready. Exceptional value.

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$398,000 - 138 Bonis Avenue Unit 527, Scarborough Village

Condo for Sale in Scarborough Village

Popular Listing
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
E13130180
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX EXPERTS
Description

GET MORE FOR YOUR MONEY WITH ALL-INCLUSIVE LIVING. Bright, sun-filled and rarely offered 1+Den with over 900 sq ft in a quality Tridel-built, gated community with 24-hr gatehouse security - ideal for first-time buyers, downsizers, or investors. Freshly painted with new light fixtures and updated hardware, this move-in ready unit offers a spacious open-concept layout with large windows, a generous primary bedroom with walk-in closet, and a versatile den perfect for a home office or guest space. Enjoy peaceful views with a golf course right in your backyard, plus your own private balcony. Maintenance fees cover heat, hydro, water, A/C, parking, Bell Fibe TV & internet (including Fairchild Chinese TV) - a truly all-inclusive setup that is increasingly rare and no longer commonly offered in newer buildings. Residents enjoy access to full-service amenities, including indoor and outdoor pools, sauna, gym, party room, squash courts, basketball court, ping pong, indoor golf driving range, and a self-serve car wash - all within a secure, well-managed community. Convenient location steps to No Frills, Highland Farms, Walmart, library, Congee Queen, McDonald's, and everyday essentials. Easy access to TTC, GO Transit, and Hwy 401. Rare size. All-inclusive living. Gated community. Move-in ready. Exceptional value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,041.95/mo

Includes CMHC insurance ($11,104)

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5-yr fixed avg.

Principal: $358,200Interest: $243,280
Mortgage Amount$369,304
Total Interest$243,280
Est. Property Tax$282/mo
Total Cost$612,584

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

138 Bonis Avenue Unit 527, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$282
Insurance (est.)-$83
Net Cash Flow+$1,330

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 $442/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.

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.

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