240 Scarlett Road Unit 912, Toronto W03

Price: $839,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13147970

Unobstructed panoramic views of Lambton Golf and Country Club, the Humber River and the city skyline to the south-west - this is the view that defines Suite912. Completely renovated since 2021, the 1,078 sqft layout has been reimagined from top to bottom: smooth plaster ceilings with recessed lighting, Mirage engineered hardwood throughout, all-new kitchen cabinetry and island with quartz countertops and matching backsplash, a tiled feature wall with built-in Dimplex electric fireplace, glass railing between kitchen and living area, and a sliding barn door in the laundry room. Electrical panel, wiring, outlets, and smart switches were all replaced by a certified electrician - inspection certificate available. All appliances, including washer and dryer, replaced within the last five years. Both four-piece baths have been updated. The 123 sqft tiled balcony -with sweeping south-west views - is brand new. Ceiling fans in both bedrooms; feature wall in the primary. The building has made significant capital investments: refurbished pool and saunas, new heating coils, upgraded exterior lighting, and a full underground parking resurfacing currently underway across all four buildings. Includes one underground parking spaces. Building amenities: gym, outdoor pool, saunas, car wash, party room, and BBQ areas. Scarlett Woods Golf Course - 3 min drive. Humber River trail - 5 min walk. Weston UP Express (Union and Pearson) - 10 min. Eglinton Crosstown - coming. Nothing to update. Nothing to renovate. Just arrive and enjoy the view.

240 Scarlett Road Unit 912 - Condo photo 1 of 45 in Keelesdale / Eglinton West, Ontario
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$839,900 - 240 Scarlett Road Unit 912, Keelesdale

Condo for Sale in Keelesdale

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13147970
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Keelesdale / Eglinton West
Locker
Exclusive
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Unobstructed panoramic views of Lambton Golf and Country Club, the Humber River and the city skyline to the south-west - this is the view that defines Suite912. Completely renovated since 2021, the 1,078 sqft layout has been reimagined from top to bottom: smooth plaster ceilings with recessed lighting, Mirage engineered hardwood throughout, all-new kitchen cabinetry and island with quartz countertops and matching backsplash, a tiled feature wall with built-in Dimplex electric fireplace, glass railing between kitchen and living area, and a sliding barn door in the laundry room. Electrical panel, wiring, outlets, and smart switches were all replaced by a certified electrician - inspection certificate available. All appliances, including washer and dryer, replaced within the last five years. Both four-piece baths have been updated. The 123 sqft tiled balcony -with sweeping south-west views - is brand new. Ceiling fans in both bedrooms; feature wall in the primary. The building has made significant capital investments: refurbished pool and saunas, new heating coils, upgraded exterior lighting, and a full underground parking resurfacing currently underway across all four buildings. Includes one underground parking spaces. Building amenities: gym, outdoor pool, saunas, car wash, party room, and BBQ areas. Scarlett Woods Golf Course - 3 min drive. Humber River trail - 5 min walk. Weston UP Express (Union and Pearson) - 10 min. Eglinton Crosstown - coming. Nothing to update. Nothing to renovate. Just arrive and enjoy the view.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,309.12/mo

Includes CMHC insurance ($23,433)

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5-yr fixed avg.

Principal: $755,910Interest: $513,393
Mortgage Amount$779,343
Total Interest$513,393
Est. Property Tax$595/mo
Total Cost$1,292,737

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: Keelesdale / Eglinton West

Discover Keelesdale / Eglinton West

Keelesdale / Eglinton West 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 Keelesdale / Eglinton West

  • Convenient location in Keelesdale / Eglinton West
  • 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

Keelesdale / Eglinton West 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

240 Scarlett Road Unit 912, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$595
Insurance (est.)-$175
Net Cash Flow+$940

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

Fair Market Value

At $840/sqft, this property is priced in line with current Keelesdale 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.

Market Position

At 21 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.

Investment Perspective

Looking at this as an investment: Keelesdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,500 (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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    240 Scarlett Road Unit 912, Kee… — $839,900 | Battaglia Team