$649,999 - 2020 Pharmacy Avenue Unit 28, Scarborough Village
Condo for Sale in Scarborough Village
Popular Listing- MLS Number
- E13236676
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- CENTURY 21 INNOVATIVE REALTY INC.
Welcome to 2020 Pharmacy Ave - an oasis in one of Scarborough's most convenient and connected locations. Recently renovated and move-in ready, this beautifully updated 3-bedroom, 2-full washroom home offers the perfect blend of style, comfort, and functionality. Income Potential from the basement or to be used as an In-Law Suite. Featuring laminate flooring throughout, three generously sized bedrooms, and a bright open-concept kitchen combined with the dining area, this home is designed for modern living and effortless entertaining. Walk Out Deck / Balcony under construction by management and to be completed shortly. Step outside to your own backyard retreat, complete with space for summer BBQs, outdoor relaxation, and a charming garden area for those who enjoy growing flowers, herbs, or vegetables. Surrounded by mature trees and greenery, it offers a peaceful escape in the heart of the city.Perfect for young families, the neighbourhood offers access to Full-Day Kindergarten programs and gifted education opportunities, and falls within the highly regarded Sir John A. Macdonald Collegiate Institute district. Enjoy unparalleled convenience with Fairview Mall, shopping plazas, schools, parks, TTC transit, Highways 401 and 404, and countless everyday amenities just minutes away. Whether you're a first-time buyer, growing family, or investor, this is a fantastic opportunity to own a move-in-ready home in a thriving community where convenience, education, and lifestyle come together.
Estimate your monthly payments for this property
Estimated Payment
$3,334.83/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.
2020 Pharmacy Avenue Unit 28, 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 $650/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.
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.
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.
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.