15 Torrance Road Unit 411, Toronto E08

Price: $363,900

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: E13455048

Welcome to Suite 411 at 15 Torrance Road - a bright and spacious 1 Bedroom + Den residence offering the perfect blend of comfort, functionality, and convenience. This thoughtfully designed layout features an open-concept living and dining area, a well-appointed kitchen, and a versatile den ideal for a home office, guest space, or study area. The generously sized bedroom provides a peaceful retreat with ample closet space, while large windows fill the home with natural light throughout.Located in a well-maintained building in the heart of Scarborough, residents enjoy easy access to public transit, shopping, parks, schools, and major highways. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready suite presents an exceptional opportunity to own in a vibrant and established community.Don't miss your chance to call this welcoming and conveniently located home your own.

15 Torrance Road Unit 411 - Condo photo 1 of 1 in Scarborough Town Centre, Ontario
active
New Listing
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$363,900 - 15 Torrance Road Unit 411, Scarborough

Condo for Sale in Scarborough

New — Listed yesterday
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
E13455048
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Scarborough Town Centre
Locker
Ensuite
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Welcome to Suite 411 at 15 Torrance Road - a bright and spacious 1 Bedroom + Den residence offering the perfect blend of comfort, functionality, and convenience. This thoughtfully designed layout features an open-concept living and dining area, a well-appointed kitchen, and a versatile den ideal for a home office, guest space, or study area. The generously sized bedroom provides a peaceful retreat with ample closet space, while large windows fill the home with natural light throughout.Located in a well-maintained building in the heart of Scarborough, residents enjoy easy access to public transit, shopping, parks, schools, and major highways. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready suite presents an exceptional opportunity to own in a vibrant and established community.Don't miss your chance to call this welcoming and conveniently located home your own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,867.00/mo

Includes CMHC insurance ($10,153)

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5-yr fixed avg.

Principal: $327,510Interest: $222,436
Mortgage Amount$337,663
Total Interest$222,436
Est. Property Tax$258/mo
Total Cost$560,099

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 Town Centre

Discover Scarborough Town Centre

Scarborough Town Centre 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 Town Centre

  • Convenient location in Scarborough Town Centre
  • 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 Town Centre 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

15 Torrance Road Unit 411, Scarborough Town Centre

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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)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$258
Insurance (est.)-$76
Net Cash Flow+$1,346

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 $455/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 800 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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    15 Torrance Road Unit 411 | $363,900 | Battaglia Team