195 Bonis Avenue Unit 805, Toronto E05

Price: $599,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E12956654

Luxury 2+1 den Corner Unit With Two Full Bath located In The Heart Of Scarborough, Enjoy This Spacious, Airy, Light-Filled Unit With Split Bedrooms And A Generous Open Concept Den. 9'Ceiling, Modern Kitchen With Stainless Steel Appliances And Granite Countertop. Great Layout Overlooking A Quiet Courtyard. Unobstructed Golf Course View from Balcony. Just Steps From Agincourt Mall Shopping Plaza With Walmart, No Frills, McDonalds, Banks, Shopper Drug Mart ,Restaurants & Toronto Library & More. Short Distance From Hwy 401, TTC & Go Train Station. Kennedy Commons, Scarborough Town Centre, And Golf Course. One Parking and One locker included.

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New Listing
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$599,000 - 195 Bonis Avenue Unit 805, Scarborough Village

Condo for Sale in Scarborough Village

New — Listed yesterday
3Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E12956654
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Luxury 2+1 den Corner Unit With Two Full Bath located In The Heart Of Scarborough, Enjoy This Spacious, Airy, Light-Filled Unit With Split Bedrooms And A Generous Open Concept Den. 9'Ceiling, Modern Kitchen With Stainless Steel Appliances And Granite Countertop. Great Layout Overlooking A Quiet Courtyard. Unobstructed Golf Course View from Balcony. Just Steps From Agincourt Mall Shopping Plaza With Walmart, No Frills, McDonalds, Banks, Shopper Drug Mart ,Restaurants & Toronto Library & More. Short Distance From Hwy 401, TTC & Go Train Station. Kennedy Commons, Scarborough Town Centre, And Golf Course. One Parking and One locker included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

195 Bonis Avenue Unit 805, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$455
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,596

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $856/sqft, this property is priced in line with current Scarborough Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough Village'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 700 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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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