1881 McNicoll Avenue Unit 710, Toronto E05

Price: $655,000

4 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13072180

Immaculate 3-Storey Condo Townhouse built by Tridel in Private Gated Complex. Recently Renovated with New Paint throughout, New main level flooring, Some new Kitchen Cabinets, New A/C, New Balcony Door, New Paint on Baseboards, Doors, Window Frames, Closet Doors & Racks and New Curtain Rods. Bright & Spacious. 24 Hrs Gatehouse Security, Amenities with Indoor Pool, Exercise Rm, Party Rm and Visitor Parking. Public Transit at Door to Finch Subway. Across from Park & Community Centre. Close to Highway, Milliken Go Station, Restaurants, Pacific Mall, Shopping and all Amenities. Mint Move-in Condition. A rare opportunity to own A turnkey home in a well-managed, secure community. Good tenants are willing to stay if investors are looking for a good return and easy to manage property.

1881 McNicoll Avenue Unit 710 - Condo photo 1 of 21 in Scarborough Village / Eglinton East, Ontario
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1881 McNicoll Avenue Unit 710 - Condo photo 6 of 21 in Scarborough Village / Eglinton East, Ontario
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$655,000 - 1881 McNicoll Avenue Unit 710, Scarborough Village

Condo for Sale in Scarborough Village

45 days on market
4Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E13072180
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
4
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Immaculate 3-Storey Condo Townhouse built by Tridel in Private Gated Complex. Recently Renovated with New Paint throughout, New main level flooring, Some new Kitchen Cabinets, New A/C, New Balcony Door, New Paint on Baseboards, Doors, Window Frames, Closet Doors & Racks and New Curtain Rods. Bright & Spacious. 24 Hrs Gatehouse Security, Amenities with Indoor Pool, Exercise Rm, Party Rm and Visitor Parking. Public Transit at Door to Finch Subway. Across from Park & Community Centre. Close to Highway, Milliken Go Station, Restaurants, Pacific Mall, Shopping and all Amenities. Mint Move-in Condition. A rare opportunity to own A turnkey home in a well-managed, secure community. Good tenants are willing to stay if investors are looking for a good return and easy to manage property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,360.49/mo

Includes CMHC insurance ($18,275)

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5-yr fixed avg.

Principal: $589,500Interest: $400,372
Mortgage Amount$607,775
Total Interest$400,372
Est. Property Tax$464/mo
Total Cost$1,008,147

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

1881 McNicoll Avenue Unit 710, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$464
Insurance (est.)-$136
Net Cash Flow+$1,970

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 $468/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 45 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.

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 $2,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1881 McNicoll Avenue Unit 710… — $655,000 | Battaglia Team