228 Bonis Avenue Unit 102, Toronto E05

Price: $719,999

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13027954

This beautifully maintained 1,335 sq ft, 2 bedroom, 2 bathroom residence within one of Scarborough's most desirable gated communities offers 11' high ceilings and a tiered, open concept living and dining area. The large kitchen provides abundant cabinetry and generous counter space. The master bedroom features a walk-in closet and a private ensuite, while the second bedroom offers excellent flexibility for guests, a home office, or family living. The spacious in suite laundry room delivers both convenience and additional storage. Positioned close to the ground floor amenities and main entrance, this unit offers exceptional accessibility without sacrificing privacy. The unit includes two parking spaces located close to each other, along with a dedicated storage locker. Residents enjoy an impressive selection of premium building amenities, including 24-hour gatehouse security, an indoor swimming pool, fully equipped fitness center, sauna, guest suites, party and meeting rooms, and ample visitor parking. Ideally located just minutes to Highway 401, with Agincourt Mall, Walmart, GO Transit, public library, parks, schools, and transit all within close proximity, this unit offers the perfect blend of comfort, lifestyle, and connectivity. An exceptional opportunity to own a spacious home in a sought after Tridel community, this unit is not to be missed.

228 Bonis Avenue Unit 102 - Condo photo 1 of 25 in Scarborough Village / Eglinton East, Ontario
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$719,999 - 228 Bonis Avenue Unit 102, Scarborough Village

Condo for Sale in Scarborough Village

55 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13027954
Property Type
Condo
Status
active
Days on Site
55
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
North East
Balcony
None
Listing Brokerage
WARWICK REALTY GROUP INC.
Description

This beautifully maintained 1,335 sq ft, 2 bedroom, 2 bathroom residence within one of Scarborough's most desirable gated communities offers 11' high ceilings and a tiered, open concept living and dining area. The large kitchen provides abundant cabinetry and generous counter space. The master bedroom features a walk-in closet and a private ensuite, while the second bedroom offers excellent flexibility for guests, a home office, or family living. The spacious in suite laundry room delivers both convenience and additional storage. Positioned close to the ground floor amenities and main entrance, this unit offers exceptional accessibility without sacrificing privacy. The unit includes two parking spaces located close to each other, along with a dedicated storage locker. Residents enjoy an impressive selection of premium building amenities, including 24-hour gatehouse security, an indoor swimming pool, fully equipped fitness center, sauna, guest suites, party and meeting rooms, and ample visitor parking. Ideally located just minutes to Highway 401, with Agincourt Mall, Walmart, GO Transit, public library, parks, schools, and transit all within close proximity, this unit offers the perfect blend of comfort, lifestyle, and connectivity. An exceptional opportunity to own a spacious home in a sought after Tridel community, this unit is not to be missed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,693.97/mo

Includes CMHC insurance ($20,088)

$
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5%10%50%

5-yr fixed avg.

Principal: $647,999Interest: $440,103
Mortgage Amount$668,087
Total Interest$440,103
Est. Property Tax$510/mo
Total Cost$1,108,190

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

228 Bonis Avenue Unit 102, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$510
Insurance (est.)-$150
Net Cash Flow+$1,080

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 $600/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 55 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.

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 $3,000 (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.

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    228 Bonis Avenue Unit 102, Scar… — $719,999 | Battaglia Team