185 Bonis Avenue Unit 1511, Toronto E05

Price: $529,999

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13026876

Welcome to this Bright and spacious 2 bedroom + den suite, offering 2 full bathrooms and approximately 858 sq. ft. living space with 1 parkingand 1 locker included. One of the most efficient and desirable open concept layouts in the building, 9 ft ceilings and unobstructed northwest cityviews, filling home with natural light. Functional den provides the perfect setting for a home office or study area. Modern kitchen with granitecountertops and stainless steel appliances. Laminate flooring throughout, generously sized primary bedroom includes a 3 piece ensuite andlarge closet space. Enjoy access to premium amenities including 24 hour concierge service, indoor pool, sauna, gym, rooftop garden, partyrooms, BBQ courtyard lounge, guest suites, and more. Ideally located just steps to Agincourt GO Station, TTC, Agincourt Mall, restaurants,supermarkets, library, schools, and a nearby golf course, with a quick access to Highway 401. Come experience the urban living in one ofScarborough's most convenient and connected communities.

185 Bonis Avenue Unit 1511 - Condo photo 1 of 21 in Scarborough Village / Eglinton East, Ontario
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$529,999 - 185 Bonis Avenue Unit 1511, Scarborough Village

Condo for Sale in Scarborough Village

56 days on market
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13026876
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Welcome to this Bright and spacious 2 bedroom + den suite, offering 2 full bathrooms and approximately 858 sq. ft. living space with 1 parkingand 1 locker included. One of the most efficient and desirable open concept layouts in the building, 9 ft ceilings and unobstructed northwest cityviews, filling home with natural light. Functional den provides the perfect setting for a home office or study area. Modern kitchen with granitecountertops and stainless steel appliances. Laminate flooring throughout, generously sized primary bedroom includes a 3 piece ensuite andlarge closet space. Enjoy access to premium amenities including 24 hour concierge service, indoor pool, sauna, gym, rooftop garden, partyrooms, BBQ courtyard lounge, guest suites, and more. Ideally located just steps to Agincourt GO Station, TTC, Agincourt Mall, restaurants,supermarkets, library, schools, and a nearby golf course, with a quick access to Highway 401. Come experience the urban living in one ofScarborough's most convenient and connected communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,719.17/mo

Includes CMHC insurance ($14,787)

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5-yr fixed avg.

Principal: $476,999Interest: $323,965
Mortgage Amount$491,786
Total Interest$323,965
Est. Property Tax$375/mo
Total Cost$815,751

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

185 Bonis Avenue Unit 1511, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,595

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 $662/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 56 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 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    185 Bonis Avenue Unit 1511 | $529,999 | Battaglia Team