$650,000 - 1881 McNicoll Avenue Unit 627, Scarborough Village
Condo for Sale in Scarborough Village
- MLS Number
- E13166642
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- HOMELIFE CULTURELINK REALTY INC.
* Stunning Luxury Townhouse In A Prestigious Gated Community! * This Spacious 1,873 Sq. Ft. 3-Storey Townhouse Is Nestled In A Sought-After Tridel Complex, Offering The Perfect Blend Of Comfort, Style And Convenience. * The Original Owner Has Lovingly Maintained This Home Featuring A Highly Functional Layout With An Open Concept Living, Dining And Kitchen Area That's Bright And Sun-Filled * The Expansive Kitchen Offers Plenty Of Space For Culinary Creations * While The Oversized Primary Bedroom On The Second Level Boasts A 4-Piece Ensuite, Walk-In Closet, Cozy Sitting Area And A Private Walk-Out Balcony * The Third Level Includes Two Additional Bedrooms And A Versatile Den That Could Easily Serve As An Extra Entertaining Area Or Play Area For Kids Enjoy Resort-Style Living With Top-Tier Amenities Including 24-Hour Security, An Indoor Pool, Gym, Recreation Room, Sauna And Ample Visitor Parking The Location Is Unbeatable - Close To Community Centre, Plaza, Restaurants, Parks And Highly-Ranked Schools Plus Enjoy Easy Access To Public Transit With A Bus To Finch Subway Station And Quick Access To Highways 404 And 401*
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
5-yr fixed avg.
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.
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
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.
1881 McNicoll Avenue Unit 627, Scarborough Village / Eglinton East
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $361/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 18 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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.